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In order to trade on the financial markets, you first need to register a brokerage account with an intermediary providing such services. Such a firm is Medco Finance Limited, where traders can earn on trading currency pairs, gold and other metals, indices, US and European stocks, cryptocurrencies and commodities. This organization operates without licenses to operate, despite being headquartered in the United States of America. The broker is aimed at English-speaking and Polish traders, as the site only supports these languages. But it is indicated that technical support is provided in 20 languages. Trading conditions Medco Finance Limited is a CFD broker, so here trading is carried out exclusively with contracts for difference, it is possible to connect leverage to increase trading volumes with a small deposit. To begin with, the client needs to decide on the type of account: Beginner. Newbie plan with a starting deposit of €100. A total of 25 assets for transactions, support from a personal manager is offered, 3 insured transactions, fixed / floating spreads at the client's choice. Silver. From 2500€. The list of trading instruments has been expanded to 50 and two classes. Micro lots and landing are available. investor. Requires replenishment of at least 20,000 €, already designed for experienced traders with experience. Conditions are more favorable than on previous tariffs. premium. From 100000€. A 50% bonus is issued for replenishment of the balance, a training program with a mentor is available, ready-made signals for trades. Gold. From 200000€. The last type of account where there are no restrictions is the Medco Finance Limited reserve fund, 70% bonus. All work is carried out on a web terminal, which includes: an economic calendar, statistics and analytics of the client's trade, a news feed. The site allows you to apply a wide technical and graphical analysis, connect indicators, and customize the color scheme. There are both market and pending types of orders, including take profit and stop losses and their simultaneous placement. Other conditions You can replenish the balance of the deposit and subsequently withdraw money from Medco Finance Limited in several ways and without commission: visa/mastercard/maestro/visa electron; bank transfer; cryptocurrencies; It is worth remembering that payment systems and banks may charge their own fees for transactions. For full-fledged work, the user will need to pass identity verification by uploading the required documents. You can earn with the company on the affiliate program. The broker has two types of it: Introducing Broker and a standard referral program. Conclusions Reviews about Medco Finance Limited are rather contradictory. Below you can read and study independent comments about this dealing center and write your opinion with the addition of minuses and pluses of an intermediary. Source: https://otzyvdengi.com/medco-finance-limited/
3 thoughts on “Medco Finance Limited Review”
You can start trading and earning with this broker, and this is a real reality, not some advertising fiction. The thing is that there are many additional services that are aimed at ensuring that traders have a high chance of earning, then the office that hedges the positions of clients will earn more. Beginners who open the default tariff are provided with experienced managers who will help them along the way, providing competent and working training materials that help to create a working trading plan and trading system that will tell you how to act in a given situation. In addition, there are risk-free trades, which means that if you open a trade and receive a loss, then your account will be insured against it. And so on. The same signals. those who used all this range of services ended up being super-satisfied.
It doesn’t seem to me that this is a safe place to store money and trade. First, the company is clearly unknown. I did not find anything about it in various forex ratings and reviews. Secondly, the office is clearly brand new, the domain is fresh, there is not so much information on the Internet, and it appeared quite recently. Thirdly, suspicions were raised by the fact that some sections of the site are only in Bulgarian, but it is not even in the section with languages. There is only English and Polish. Fourthly, I did not find anything about regulation and about whether this broker has licenses. Fifth, it is clear and quite obvious that this is a forex kitchen. Sixthly, the conditions are nowhere worse, the minimum deposit of 100 euros without cents is still okay, but there is no data about the demo account, there is no normal information about the trading platform. And what is the leverage here, and what is the size of the spreads, and in general, where is the table with the specification of contracts?
Probably, this is almost the best brokerage office, however, there is one minus, and it will concern traders from Russia and the CIS countries more – this is that their official website is not translated into Russian. Everything else is perfect and wonderful.