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Our mission is to provide an easy to use, high-function low-cost Australian market data, charting online trading platform which can be used by anyone on any device. Live or live-streaming data with market order routing, centrepoint trading, trailing stop-losses and cheap trades on HIN, with your own bank acct, or a Leveraged margin loan. Plus, technical charts, AI-based recommendations, live-streaming conferences, podcasts, articles, videos and research - all linked to mobile alerts to keep you fully informed as the action happens. More features and functions always in development!
As a seasoned investor I can testify that Marketech Focus is the best trading system I ever used. They are quick, updated and simple to use.
Note: I put today's date in the date of experienced rubric but I have been using them for at least a year now.
Marketech is by far the best broker I have experienced in Australia. Having used several others, nothing comes close compared to the cutting edge platform and superior customer service support provided by the team at Marketech Focus. Whenever I ask a complex technical question or encounter any platform difficulties, I am always impressed by the speediness, quality and conciseness of response. Thank you for providing such an amazing service!
Resposta de Marketech Focus
Hear! Hear! Thanks CJ.
Marketech (AU) claims to be a cutting-edge solution with advanced market technology for better access at a low cost. However, a closer look reveals disparities between these claims and its performance.
The platform is portrayed as "premium," and several 5-star reviews listing it as the "best" platform raise suspicions about authenticity, possibly influenced by paid ads or biased input.
Despite marketing that focuses on investors aiming to transition from average to alpha, there are several issues that professional investors would find extremely limiting. For example, Marketech allows only one login at a time, inconveniencing professional investors. Additionally, 1-at-a-time chart viewing hampers effective analysis. Also their commitment to advanced technology falls short, with only basic tools and very few charting options, even for average investors.
Marketech exclusively supports shares, lacking options for Commodities, Options, Forex, Futures or other markets.
Live feed fees for Level 2 data appear unreasonable despite low-cost trades, and the suggestion to make more trades to offset these monthly fees contradicts the nature of investing in shares. This is not a trading platform.
The varying terms of its promoted trial period, encompassing changes from 3, 7, and 14 days, adjustments to and restrictions on accessing Level 2 data, blocking reports, etc., all occurring during the trial period, cast a negative light on their marketing team.
The Focus platform trails competitors and more established platforms. It would require more development to be considered more mature for professionals.
Edit - Response to Marketech: There was no mention of Marketech paying to remove negative reviews. Your generalized "liar liar, pants on fire" reply highlights the extent of your woeful customer service.
Resposta de Marketech Focus
OK Andrew, I'll oblige. 1) Our clients are very happy so they give good reviews when they can be bothered and we don't pester them. We don't lose clients in our demographic and have so few real competitors that we don't normally care about reviews. The sheer lack of reviews should indicate that we did not waste time/money paying or faking good ones, and the 'more Australian' review sites usually ask for proof that they are clients. Your geo-tag says you are from California and you may be using a VPN, but otherwise you need to put all this in context of the Australian market, where there are few serious platforms for people to trade Australian shares on their own HIN, with their own bank account. 2) You only need one log-in, as with that you can open the platform on the app and PC at the same time. In Australia, the ASX charges for its data, which is up to $20 p.m. for live prices alone. You can open up to 4 charts (on PC) on one screen, then open multiple tabs/screens, so the 'number of concurrent charts' is theoretically infinite. Currently, its just one chart on a single screen phone, but that's a size constraint issue, and in Australia, the only other serious platform doesn't have much of an app at all. 3) It is not for professional investors, just for Australian retail investors to trade the ASX. 4) As mentioned, the ASX charges up to $20 p.m. per user for live prices so we put our margin on top of the ASX data as our business model. It is about what TradingView charge, except you can't trade with an Australian HIN-based account on the ASX on TradingView. We are cheaper than any other true live-streaming platform that I am aware of in Australia that is HIN-based and does not keep the interest on clients cash, and still offers low brokerage. 5) We don't have a marketing department, instead we invest in our tech development team for building the features that people ask for. We shortened the length of the trial a while back. I don't know where you are picking this up from ie: 3/7/14, but happy to extend our trial to anyone that wants to review it properly, but we found that if someone hasn't worked out immediately whether we are better or cheaper for them, then we probably aren't going to convince them with any length of trial. 6) Depends on who you are comparing it to, how much that costs and whether it is an Australian platform for trading Australian shares or just 'everything in the whole world'. In Australia and in our segment there is only really us and Iress Viewpoint connected to one of the banks, and we don't trail them on price or product for ASX trading. We can't compare to CFD platforms as we aren't for CFDs. We can't compare to professional platforms as we aren't for professionals. But we are live-streaming the ASX for $45 a month with $5/0.02% trades on HIN where you keep your interest, and nothing competes with that in Australia! 7) Auto-patterns might come in the new year when we start pushing into AI and expanding our scanning tech (but that will probably make them obsolete anyway). We build our platform functionality based on client requests, and no-one has ever mentioned it before, so it hasn't been a priority. We already have many, many technical indicators, drawing tools and whatever, and it has been nearly a year since someone asked for a different one. 8) Paper trading/ FIFO - admittedly we didn't worry too much about the paper trading, still not sure what people would use it for. For real accounts we have a large number of those FIFO etc tools. Final words - If you are from California, or comparing us to a professional platform, please do us a favour and delete this - its like giving a bad review for sushi in a kebab shop. Always happy to be pointed out what we should develop next - if apples for apples - but "Underwhelming" sounds so outlandish in our segment that I assumed it to be fake. So if you are legit we would love your help to guide our development - but by email than via a review site.
It has been six business days since I sent a very simple request,via email,to Marketech's Support Team.
NO reply has been received.
Only lot's of false promises on their promotional material!
Additionally, be forewarned, you will be COMPELLED to pay a monthly $20 live share price fee, every time you must trade, even if you don't need it!
A very basic and disfunctional platform, in my sincere opinion.
Marketech's Trading Platform is "excellent", if you enjoy being ignored, disrespected and mislead !!!
On Feb 1_2024 Marketech requested of Trustpilot the removal of this review.
Resposta de Marketech Focus
Hi RMT, we have checked our logs and can find no outstanding contacts. Please check the email address and resend.
Smart, safe and secure. Not to mention lower brokerage that will save you a small fortune.
Great trading platform and excellent service.
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