Is MarketsKing A Good Or Bad Binary Options Broker

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  • Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo

    Honest broker!


MarketsKing are no longer trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

Alternatively, these are our Top 3 brokers based on Ratings: $5 90% » Visit Binomo $10 90% » Visit BDSwiss $10 N/A » Visit

MarketsKing Review (Archive)

Broker Markets King
Website URL
Headquarters London, UK
Support Types Email, Telephone, Live Chat
Languages English , Russian , Arabic
Trading Platform O-Systems Platform
Minimum 1st Deposit $250
Minimum Account Size $250
Minimum Trade Amount $20
Bonus Yes
Deposit Methods Visa, MasterCard, Visa Debit, Visa Electron, MasterCard Debit, American Express, China Union Pay, JCB, Diners Club International, Carte Bleue, Carte Si, Dankort, Laser,Webmoney, MoneyBookers, Cashu, Ukash, Ideal, Sporopay, Nordea Nettbank, LaCaixa Linea Abierta, MisterCash, EuTeller, Boleto, Poli, BPay, UnappliedTx, WebMoney, Gluepay, eKonto, Sofort, Banklink, GiroPay, Przelewy24, EPS, Ewire, Abaqoos, Multibanco, UseMyServices, Santander, Moneta, Instadebit, Fundsend, Teleingreso, Dineromail, Neosurf, Livekash and Wire Transfer
Trading Methods Classic Binary Options (Call/Put), 60 second Options
Number of Assets 32
Option Types Currency , Commodities , Indices , Stock
Overall Score 93/100

If you have spent time looking through binary options brokers websites, you will notice that there is a distinctive difference with MarketsKing’s website. The design of their website doesn’t feel cheap and ordinary like most generic looking binary brokers’ websites. This certainly makes for a refreshing change. The differences don’t just extend to the design of the website but also to the trading platform adopted by MarketsKing. Established mid 2020 and based in London, this new broker is already making an impact among investors for the positive trading experience which it is offering to traders. In this review we will find out why.

Target Markets & Customer Support

From the languages supported by MarketsKing on its website, it is clear that MarketsKing is catering to markets where the traders speak Arabic, English and Russian as their mother tongue. When you think about it, this practically covers half the world. Hence, it is not surprising that MarketsKing have managed to grow as fast as they have over the last 6 months. Supporting their clients’ needs, MarketsKing have put together a dedicated multi-lingual support team, which is available at the beck and call of its clients 24/7 through live chat, email or the telephone.

Trading Platform & Features

MarketsKing trading platform is unique in the sense that it is powered by O-Systems. The trading platform boasts several innovative trading features such as Social Trading, Automatic Limit Orders and Buy More Time. Although these features are frequently found on dedicated spot forex trading platforms, they are rarely found on binary trading platforms. For example with the automatic limit order feature, traders can put in an order for a trade which will be automatically executed once the desired price for the asset is achieved. With the social trading feature, novices can view the trades of more experienced traders and copy their trades directly from the social wall if they wish. Finally, with the Buy More Time feature, traders can extend their trades by 10 to 30 minutes without having to roll over their trades. They can activate this feature right up to one minute before their trade expire.

Markets Coverage

Although MarketsKing’s market coverage extends to the four major asset classes; forex, commodities, indices and stocks, the extent of their coverage is rather disappointing. Currently, MarketsKing only have around 30 different types of underlying assets under their wing. Apart from this rather limited range of underlying assets, they also only support two types of trading contract which are Call/Put Options and 60 Second Options. Nevertheless, when you consider the fact that the majority of binary traders are just trading with Call/Put options, this is not a major shortcoming.

Trading Accounts

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo

    Honest broker!

As for trading accounts, there are 3 types of trading accounts to choose from:

  • Standard Account (Minimum Deposit from $250 to $999)
  • Premium Account (Minimum Deposit from $1000 to $4,999)
  • Platinum Account (Minimum Deposit from $5,000 to $24,999)

The standard account is the most basic type of trading account with almost no trading benefit or additional support from an account manager. Furthermore, mobile trading is also not supported with the standard account.

Payouts & Bonuses

In terms of payouts, the returns are quite high with the maximum possible return pegged at 90%. However on the average, traders can expect a return around the 85% range. As for bonuses, these ranges from 30% to 75% depending on the type of trading account. On the whole, we find that is quite a nice trading platform regardless of whether you are a novice or experienced trader. The only thing which they can improve on is to extend their market coverage. This will help put MarketsKing on par with most leading binary brokers. Click here to visit MarketsKing’s website now.

Tradorax Review

Tradorax is a great binary options broker with a good payout structure.

  • Minimum Deposit: $250
  • Average Payout: 85%
  • Broker is a Great Reputation

tradorax Info

Name Tradorax Web site Online since 2020 Platform TechFinancials

Broker Rating

Tradorax was founded in 2020 and their main office is based in London, UK. However, in order to satisfy the needs of their constantly growing base of customers, they offer their services in a variety of languages. Tradorax is surely one of the most credible companies in the binary option market and they should definitely be considered when choosing a broker.

The broker excels with a great multilingual 24/5 customer support department which can be contacted via live chat, phone or email. In addition, tradorax has earned the respect of their customers by offering an amazing variety of assets and features, convenient bonuses and personalized strategies, and last but not least – a state-of-the-art user friendly trading platform powered by the renowned TechFinancials group.

With Tradorax you can sign up and start trading in less than 2 minutes. The services they provide are entirely web-based and do not require software downloads. If your main device is a tablet or a smartphone, you can also check out the broker’s Android app which makes trading on the go fun and easy.

Trading Platform

When it comes to choosing your binary broker you should take into consideration the platform they provide. Luckily, one of the reasons tradorax have established themselves as market leaders is precisely by offering the powerful TechFinancials platform. Its simple interface, in combination with a wide array of functionalities and heavy security makes it a valuable resource for everyone interested in trading. It should be noted that in order to meet the demands of as much traders as possible, tradorax offers the platform in 22 languages, making it available globally.

But let’s talk business. What does Tradorax offer? What features exactly can you expect from the platform?

First of all, we should outline the basics. With tradorax you can trade on more than 150 assets divided into four categories – currency pairs, commodities, stocks and indices. Customers are able to fully experience the thrill of the binary option trading by taking advantage of one of the four instruments provided by the platform: High/Low, One Touch, Boundary and the most popular recently tool – Short Term. Short Term gives you the opportunity to decide when you would like your trade to expire. The 60-second expiry time is really convenient for customers who prefer fast and casual trading, while for those who describe themselves as marathon runners, tradorax offers a lot longer expiry times, reaching up to 3 and even 6 months, so you can take as much time as you want in order to thoroughly research the market and make up your mind.

Some of the special features that the broker provides are designed in such a way to diversify the trader’s experience as much as possible:

  • Roll Over
  • Buy Me Out
  • Risk-Free Trade
  • Insured Trade

Tradorax Trading Accounts

In order to meet the needs of the most demanding customers, tradorax offers 6 different account types. In this way traders could choose the account that suits them the best in accordance with their financial affordability.

From the most basic to a full-feature, they are as following: “Mini”, “Silver”, “Gold” and “VIP”. For traders with special requirements the broker offers custom tailored account types such as “Saving Account” and “Self-Managed Account”. These two are available after enquiry with the company’s agents.

Deposit and Withdrawals

Tradorax offers an 85% return on investment which is among the best in the industry. The minimum deposit is 250 USD/EUR/GBP while the minimum trade amount is 25 USD/EUR/GBP.

Withdrawal requests are processed in accordance with the company’s terms which are identical to the other brokers in the industry, and usually take 5-10 business days. In order to prevent potential money laundering issues, it must be noted that traders should provide a basic array of documents.

Is Tradorax a scam?

To conclude, tradorax is one of the most reliable brokers out there and should definitely be taken into account and Tradorax is not a scam. A high return on investment, an attractive and convenient platform, lots of features and an excellent customer support are just few of the reasons why tradorax is regarded so highly among the professionals in the binary option field.

24Option Review

24Option is one of the most popular binary options brokers.

  • Minimum Deposit: $250
  • Average Payout: 88%
  • Our Top Rated Binary Broker

24option Info

Name 24option Web site Online since 2020 Country Cyprus Platform TechFinancials

Broker Rating

*Investors can lose all their capital by trading binary options

24Option is one of the most dedicated and an enthusiastic binary options brokers out there. It offers an innovative trading platform and puts great effort into offering some of the best services to their clients. Regardless if you are experienced or new to the industry, their platform is user-friendly, first-class and advanced.

There is no installation needed as it is web-based and you can even trade on your smartphone. They offer a high 88% payout and the minimum deposit is only $250. But have in mind that if your prediction is unsuccessful you will lose your invested capital on this trade.

They are based in Cyprus and comply with all licensing requirements. They are even regulated with the Exchange Commission and the Cyprus Securities. Having the EU involved, it is easier to eliminate unregulated brokers which is one of the reasons 24option is fully in compliance and has established itself one of the most trusted EU brokers.

Even though its main offices are located in Limasol, Cyprus, they still have offices worldwide to service their international clientele. Find out more information about 24Option in the review below.

Note: Investors can lose all their capital

Easy Sign Up

24option offers an easy sign up process. Of course, you will find mandatory fields that are required to fill out like your preferred password, username and personal details. However, when you compare it to other sites which have a large amount of questions that need to be answered, the registration process is much shorter. It takes almost no time at all to open an account.


They provide an extensive list of enhanced trading features. They have a simple to use trading system that enhances the traders’ experience and maximizes their potential.

Platform and Software

24option makes the commitment of providing only the best technology that is accessible on all platforms and it’s easy to use. They have just recently upgraded to Wide Platform which provides traders with an instant, smoother and more effective trade.


Many traders have experienced the reliability in 24option and feel they are top notch. They are regulated by Cysec hence providing a stringent regulatory environment. There are never any troubles with placing a single trade and executing it. You can easily make withdrawals, upon fully account verification, many times. Their platform works well on all browsers too.

24Option is not available in following countries: Japan, Belgium( (new clients) and Australia (after 03/16), Algeria, Ecuador, Iran, Mynamar, North Korea, Israel, USA, Ontario, British Columbia, American Samoa, Virgin Islands, Puerto Rico.


Bonuses are a perk that everyone loves and 24option provides them with your initial deposit. In fact, you get an 80% bonus on your first deposit which means when you make a deposit for $1000, you will enjoy a bonus of $800. Terms and conditions apply.

Customer Support

24option provides Live Chat which has a virtually zero waiting time since agents become available almost immediately to answer any questions you might have. Their customer service team goes beyond what is expected of them to ensure your satisfaction.

Earnings and Withdrawals

You are able to earn up to 88% per successful trade on your investments. But have in mind that investors can lose all their capital by trading binary options. If you have a Gold account you can enjoy a 2% return and on a Platinum account it’s 4%. They provide a seven day withdrawal system that is simple and offers traders no fees on their first withdrawal. It is free on your first withdrawal for a Standard membership, free withdrawal for an entire month for Gold membership and never any fees for Platinum memberships.

Can I Trust 24Option?

Yes, 24option is one of the #1 binary options broker, and it is licensed by CySec with #207/13 and they are the official partner of football team like Juventus. They also have a partnership with Boris Becker, the legendary tennis champion. 24option is investing a lot in security and marketing, and there is no doubt that this broker is one of the best.

Broker Site Preview

*Investors can lose all their capital by trading binary options

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo

    Honest broker!

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