Centrix Markets Information
Centrix Markets was established in Vanuatu and has been operating for 2-5 years. It is an unregulated broker that offers over 200 trading assets, including Forex, commodities, cryptocurrencies, and indices, and features the MT5 trading platform suitable for experienced traders. Advantages include 24/7 customer support and fast execution speeds averaging under 10 ms.
However, it lacks regulation and detailed fee information, which is unsafe.
Pros and Cons
Is Centrix Markets Legit?
Centrix Markets, with an unregulated status, was first registered on August 24, 2022, and updated on September 2, 2024. It is not regulated by any prominent authorities like the Financial Conduct Authority in the UK.
What Can I Trade on Centrix Markets?
Centrix Markets supports 5 types of instruments, including Forex, commodities, cryptocurrencies, and indices. While it provides numerous trading options, it does not support digital assets.
Trading Platform
Centrix Markets offers the MT5 trading platform, which is suitable for both mobile and desktop devices (including Windows and macOS). It is more suitable for experienced traders. However, there are no access of MT4 platform and the Tradingweb platform.
Customer Service
Centrix Markets offers 24/7 customer service, ensuring assistance is available at any time through email, phone support, and a contact form.
The Bottom Line
Centrix Markets offers a range of trading options and 7/24 customer support, making it appealing for traders seeking diverse assets.
However, its unregulated status and lack of detailed fee information may deter some traders.
It is best suited for experienced traders familiar with the MT5 platform, while beginners may find the lack of MT4 access limiting.
FAQs
Is Centrix Markets safe?
No, Centrix Markets are unregulated, which is unsafe and lacks security for traders.
Is Centrix Markets good for beginners?
Yes, Centrix Markets may not be ideal for beginners due to the lack of access to the MT4 platform, which is generally more user-friendly.
Are Centrix Markets good for day trading?
No, Centrix Markets is not suitable for day trading due to its lack of regulation.
Risk Warning
Online trading is risky and not for everyone. Please understand the risks and notice that information may change.
