An online trading brand of Click World Ltd, Markets Pilot specializing in providing access to cryptocurrency trading services for customers all around the world, except for US citizens and residents. Via a comprehensive and diverse trading offer, the broker enables access to crypto instruments based on tens of different large-cap tokens or altcoins.
The Markets Pilot philosophy is very clear: “Put the customer at the center of your effort” and for the past several years, that has been the main guideline for the company. It cares about the customer experience while also supporting trading education via multiple resources, depending on the account type chosen.
Account Opening Process
To register an account with Markets Pilot, the process had been simplified so even beginners won’t have a hard time doing it. As a result, you will need to provide personal information (first and last name, email, country of residence, date of birth, and phone number), set the account currency, and the password.
Once you’ve completed these steps, the account will be opened quickly and you will be redirected to your account dashboard. That’s where you will have full control of all operations. Depositing funds, opening new trading accounts, logging into or downloading Sirix (the Markets Pilot platform), managing your wallet, uploading documents, changing account settings, or contacting customer support, are some of the operations that can be done.
KYC and AML Policy
At Markets Pilot, the importance of combating money laundering is acknowledged, as well as the need to assist law enforcers in fighting terrorist financing. The broker abides by the stipulated guidelines in the UK Joint Money Laundering Steering Group’s manual and supports various initiatives and anti-money laundering programs.
The Markets Pilot KYC Procedure is another important part of the workflow, to ensure security for sensitive data as well as the privacy of customers. This procedure ensures your personal details and data are kept safe from fraud, theft, terrorist backing, and any other kind of malevolent activity.
After registering with the broker, each client will have three days to send identification documents, a mandatory requirement to trade with Markets Pilot. To get verified, you need to provide:
– ID document: valid password, government-issued ID, or driver’s license. The document must be in full colors while showing all the corners and both the front and the back.
– Address verification: utility bill or bank statement. In this case, black and white copies are accepted as long as they contain the account holder’s full name, mail address, and the issue date of the bill.
– Payment verification -required only for credit/debit cards.
– DoD (declaration of deposits) – a document sent after the first deposit.
– Bonus agreement (optional) – this document will only be required for traders choosing to take part in the company’s promotions or bonuses.
Trading Platform
Sirix is the trading platform currently available at Markets Pilot, a proprietary solution designed to work on any type of device. That’s why the broker currently provides 4 different Sirix versions, for Web, Android, iOS, and Desktop.
Because the main focus is on cryptocurrencies, Sirix is a platform designed to meet the demands of this volatile and challenging markets. Flexible, fast, and customizable, it integrates multiple tools and features, serving for traders wanting to find opportunities daily.
Advanced charting, risk management tools, one-click trading, different themes, and languages should be usual with all platforms. Sirix includes all of them and on top, several other tools that are very rare.
Social Trading is the main takeaway from the platform, considering all clients can copy trades placed by experienced traders. The feature is built into Sirix, so the process will be convenient. At the same time, it is possible to make a deposit directly from the platform, without logging into the dashboard. Sirix has the same fluid performance on mobile devices as well, regardless if we talk about an Android or iOS device.
Cryptocurrency Instruments
The main reason why cryptocurrency traders choose to work with Markets Pilot has to do with the increased number of crypto assets available. With this broker, they can trade crypto against fiat currencies like USD, or EUR, and at the same time, trade crypto-to-crypto pairs denominated in Tether, Bitcoin, Ether, or Monero.
Spreads are competitive and the maximum leverage ranges from 1:200 to 1:500. Trading conditions will also depend on the account type chosen (Student, Advanced, Semi-managed, Fully managed, Pro, Expert, and 1 million club).
Markets Pilot Review Conclusion
The bottom line is that Markets Pilot comes with a competitive trading offer for cryptocurrencies, and because of that, clients from all over the world have the opportunity to work with it. The broker is fully committed to constantly improve its offer, depending on the market changes and any new trends emerging.
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