markets.com review

What is Markets.com?

Markets.com is a huge brokerage firm which shows it’s fastest-growing demand among FX and CFD providers while offering user-friendly platform, access to over 2,000 trading assets including shares, indices, currencies, cryptocurrencies, commodity CFDs with 0 commission or fees and leverage ratios of up to 1:400.

Among the brokers’ strong regulations and reliable proposals to the clients, Markets.com shows its great support to their clients by multiple major languages and the website available in 15 languages. Hence, as a trader you can contact the broker at any time with ease, as the support team is at your disposal through email or live chat 24 hours 5 days a week.

However, you should always check carefully the most important information that the broker’s offering consists of. With this purpose, in this review we cover the following highlights:

• Is Markets.com safe or a scam?
• Trading Platform
• Fees that consists of spread and overnight fee
• Leverage
• Deposits and Withdrawals conditions with a minimum deposit and withdrawal fee
• Conclusion on Markets.com

Is Markets.com safe or a scam?

Markets.com is a global brand and trademark operated by Safecap Investment Ltd located in Cyprus (Nicosia) and a regulated investment services firm authorized in the conduct of activities by the Cyprus Securities and Exchange Commission (CySEC), as well by FSB in South Africa and Australian ASIC. Safecap also is a subsidiary of Playtech PLC, which is traded on the London Stock Exchange’s Main Market and is a constituent of the FTSE 250 Index.

In simple words, regulatory status by the reputable authority of the broker means its full compliance to safety measures and operation of clients with strict transparency. The clients’ safety Markets.com maintains operational standards. For instance, keeps clients’ money in segregated, separated from the firm accounts, regularly validates capital ratio along with reporting, as well provide web security protection from unauthorized invasions.

Markets.com Trading Platforms

As for the trading software, Markets.com mainstays on an award winning, voted by many traders and industry leaders, Markets.com trading platform available through Web and App versions. The platform is user-friendly, allows access to a variety of tools that brings the advantage and capability to design ones’ own unique trading strategy.

• Winner 2017, Forex Provider of the Year | UK Forex Awards
• Winner 2017, Best Forex Trading Platform | UK Forex Awards

The proprietary platform featuring interactive and responsive just through few clicks user interface through shortlisted most favorite customizable charts, educational, in-depth analysis of beneficial materials. The broker sustains ongoing educational webinars of different levels. Inserted risk management tools alike Stop Loss and a range of powerful trading tools enable traders to keep track of developments and rationalize the trading process.

Moreover, in case you still prefer a reliable and common choice of MetaTrader, you have option to trade through MT5 along with comprehended trading capabilities enhanced by Markets.com powerful tools.

Markets.com Trading Fees and Accounts

The trading instruments approachable by Markets.com platform include both regular offerings among brokers, and unique once too. There are numerous advantages which you may enjoy through Shares trading through Markets.com with over 12 major markets with zero commission. Forex trading including major, minors and exotic currency pairs over 50 in total, while paying only spread with no commission, while on popular pairs EUR/USD, GBP/USD spread is fixed to 2 pips.

Crypto trading is now in the brokers’ asset too, as trade is fast and hassle-free since crypto doesn’t require any technical knowledge, trader just can use web or app platform to start. Of course, crypto trade is offered with all brokers benefits alike secured platform and risk management tools, that’s why there is a limitation to the total position value of 2,000$.

Moreover, Markets.com included Blends to their offerings, which are baskets of shares that are combined to reflect a shared theme as a single product which been chosen based on Market Capitalization, Trading Volume, Liquidity and Price Volatility.

So when you go for an account opening, you would see a seamless process with variety of account types Classic, Premium and Professional all designed for the best performance according to your trading capabilities.

As for the trading costs, all is included into the floating spread, which is also quite competitive among the offering. See below standard account Markets.com spreads for your information, also you can check out and compare fees to another popular broker ForexCT.

The overnight fee, which you should also consider as a trading cost is charged in case you take opened position overnight or longer than a day. E.g. the overnight fee for EUR/USD pair is set to a -2.05 in case you go short and -0.54 for long positions.

Markets.com Methods of Payments

All deposit or withdrawal requests can be done through a personal account by simple submit of the request, also available through Mobile App. The company accepts various payment options to place direct deposits, including Credit/Debit Card: Visa, Mastercard, Maestro, Solo, Switch or LaserCard; wire transfers, fast wire transfers in local currency, as well using e-wallets PayPal, Skrill, Neteller and additional sofort, giropay, iDeal, Multibanko, u|net.

The minimum deposit amount is set to a competitive 100$, which allows beginners or traders of any size open account easily. Yet, check the applicable requirements according to ypur residence and the applicable account to you.

For withdrawals, transactions are processed quickly, credit card deposits are prioritized and will be refunded first, the minimum supported amount is as low as 10$ without charge of any withdrawal fees (however, some banks may charge transaction fees).

Markets.com Leverage

Markets.com offers marginal trading, meaning that you can trade through a multiplied amount of your initial deposit and operate larger positions. This tool gives a great advantage as increases your potential gains, however, you should learn how to use leverage smartly and obtain a good knowledge of its simultaneous risks to lose as well.

Recently the majority of global brokers offer lower levels of leverage due to the updates in regulatory requirements, yet with Markets.com and Australian or South Africa regulation, in particular, you may still enjoy a high level of leverage up to 400:1 for Forex major instruments. Nevertheless, in case you would open an account under the CySEC regulation, which follows European ESMA regulation the maximum ratio is set to a 1:30.

Conclusion on Markets.com

In conclusion, the Markets.com is a regulated broker with stable experience and attractive market approaches, which offers multiple assets to trade including Cryptocurrencies. One of the biggest company advantages is their proprietary platform, a reliable option for trading experience, as well powerful solution in terms of technical optimization. Nevertheless, the platform doesn’t require installation, since based online or can be accessed by Application. New traders will feel comfortable at the company too since deposit required to start is only 100$. Hereof, the general Markets.com offer is an interesting option to choose from.