Established in 2016 in Saint Vincent and the Grenadines, SCHATZ Markets is an online trading broker that offers several competitive trading conditions, such as low spreads, no requotes, absolute transparency, and true ECN technology, to both retail and institutional traders. The broker offers forex, metals, indices, CFDs, and other financial markets for trading on the MetaTrader 4 platform. There are multiple trading account options with a required minimum deposit of $100 and a leverage of up to 1:500. The broker charges a commission fee of $6 on trades.
SCHATZ Markets Review Introduction
In this SCHATZ Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including SCHATZ Markets.
SCHATZ Markets Platforms & Tools
Traders are provided with the MT4 trading platform for trading the offered financial markets. It is an advanced trading platform that caters to the trading needs of all kinds of traders. The platform is loaded with several trading tools, a user-friendly interface, and support for the automation of trading using expert advisors. The MT4 trading platform is available as a desktop application for Windows and Mac computers, WebTrader, and a mobile app for Android and iOS devices. There is also the SCHATZ Markets Multi Account Manager (MAM) software, which allows you to manage several accounts simultaneously.
SCHATZ Markets Research & Education
The broker’s website has a news section that keeps traders informed on the latest happenings in the various financial markets.
SCHATZ Markets Trading Accounts
SCHATZ Markets’ clients are allowed to choose the account type that is most suitable for them from a choice of four unique trading accounts. The account types and their corresponding minimum required deposits are as follows: Schatz Lite ($100), Schatz Pro ($1,000), Schatz Premium ($2,000), and Schatz Islamic ($1,000). A commission fee of $6 is charged on trades, while leverage of up to 1:500 is available.
SCHATZ Markets Account Funding
The broker allows traders to deposit and withdraw funds to and from their trading accounts using any of the following payment methods: credit/debit cards and online payment processors, such as Neteller and Skrill.
SCHATZ Markets Customer Service
SCHATZ Markets provides traders with a professional client support team that is available 24/5 to respond to their general, technical, and account-based inquiries. The support team can be reached through the following contact channels: telephone, email, and social media.
SCHATZ Markets Regulation
SCHATZ Markets LLC is incorporated in Saint Vincent and the Grenadines as an International Business Company with registration number 300 LLC 2020. There is no regulatory information on the broker’s website at the moment, and some traders may consider them unsafe for that reason.
SCHATZ Markets Review Summary
SCHATZ Markets is an online financial services provider that offers access to the global financial markets using the MetaTrader 4 trading platform. They are based in Saint Vincent and the Grenadines and also operates an office in London, United Kingdom. The broker makes available a selection of useful trading and learning tools and also provides a client support team to assist traders. Clients can choose from a variety of trading accounts with the least deposit requirement at $100. However, the broker is not regulated by any known financial authority, which could be a warning sign to most potential traders and investors.
It is worth mentioning that some of the trading products and services in this SCHATZ Markets review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the SCHATZ Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.