Forex Broker Insider Mark review as of 2023
There are very few if any Forex brokers positioning themselves as just usual companies. Seriously, have you ever seen a brokerage offering “just a standard set of services” or “nothing extraordinary”? Today we are examining Insider Mark. The company insists it offers it all, but does it really? Let’s see what our Insider Mark review finds out.
If we start with a tour about its website, the first impression is rather positive. It is not overloaded with information but contains all the key things needed. Finally yet importantly, it is optimized for mobile devices, which is still not a standard option for the industry. Our first point to start Insider Mark review that it is not only about Forex trading. The company also offers other assets classes for trading as well. Apparently, through CFDs. The term itself is not mentioned on the homepage for some unknown reason, but how else would you trade commodities, crypto, shares and indices on the same platform?
Speaking about the platform, by the way, Insider Mark choice is MetaTrader 4. Not the freshest version, but it is really fast, secure and trusted by many on the market. The company suggest installing its native app for more reliable work, but according to our experience, it also works fine from the browser.
Another thing missing on the homepage is the company corporate details. Yes, we definitely check the legal information section to check what of company we are reviewing and where it is registered, but why wouldn’t the brokerage make this task easier? It seems to be not too important, but all these little things put together are forming the overall impression and the general tone of Insider Mark Forex broker review.
Now it is time to take a closer look at Forex broker Insider Mark services. As we remember, it offers it all. Well, maybe it really does, but not for everybody. Of course, you don’t have to take our word, but it is quite easy to check. The minimal deposit threshold starts with $500 – it is not too much, of course, but it is still well above the average market minimum for basic accounts. Especially taking into account that the set of tools for starters looks a bit minimalistic.
So taking these facts into account it would be more correct to say, that the company is focused on other categories of clients, which is also confirmed by Insider Mark invest reviews. Anyway, there are plenty of other companies promising to bring you to prosperity with just $50 deposit which doesn’t make them more reliable.
But there is something more interesting regarding Insider Mark’s services. If we scroll page down a little, we see that it also offers several types of managed accounts, which is something we do not see very often. A managed account is a portfolio of individual assets that is managed on your behalf by a professional asset manager. Of course, many of the traders, including Forex broker Insider Mark clients, like the process of trading itself. But there is also another category of people, whose favorite sport is rather sitting and watching their capital increasing and who are ready to trust the professionals. There are different kinds of approaches toward making investments, you know.
The selection of withdrawals and deposit methods is not bad at all. Many traditional means of payments like bank transfer and debit and credit cards plus crypto. We are not big fans of cryptocurrencies, but we can’t ignore the outstanding speed of crypto transactions. And the last but not least, it is always good to have an alternative.
Now as we are done with the things Insider Mark is ready to tell itself, it is time to check what other people think of the company. There in not too many reviews about Insider Mark on the web, but it seems that its clients are rather satisfied with its services, which is a good sign.
So it seems we have collected enough impressions of our Insider Mark review as of 2023 to switch to our own conclusions. Firstly, can we call Insider Mark the best Forex broker for low-cost trading? Probably not because of its entry threshold size. Secondly, can it be the best Forex broker for beginners? Well, it depends on the beginner and the size of the initial capital, we would say. If we were that beginner with just $100, we would rather look for more options for smaller starter pack price.
But in general these things don’t make Insider Mark really worse. The company really offers a lot of interesting and useful options. The only thing is it is rather targeting clients with medium capital level or higher. So if you are the client of that kind, the company really has a lot of things to offer. At least that’s what our review of Insider Mark suggests.