markets.com review

Markets.com

Markets.com

www.markets.com

  • Leverage: 1:30 | 1:400

  • Regulation: CySEC, ASIC, FSCA

  • Min. Deposit: 100 US$

  • HQ: Cyprus

  • Platforms: Markets.com Web, MarketsX, Marketsi, MT5

  • Found in: 2008

Markets.com Licenses

  • Safecap Investments Ltd - authorized by CySEC (Cyprus) authorization no. 092/08 
  • TradeTech Markets (South Africa) (Pty) Limited - authorized by FSCA (South Africa) registration no. 46860
  • Tradetech Markets (Australia) Pty Ltd - authorized by ASIC (Australia) license no.424008

Top 3 Forex Brokers

  1. What is Markets.com?
  2. Is Markets.com safe or a scam?
  3. Leverage
  4. Accounts
  5. Market Instruments
  6. Fees
  7. Deposits and Withdrawals
  8. Trading Platform
  9. Customer Support
  10. Education
  11. Conclusion

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.

Among the brokers’ strong regulations and reliable proposals to the clients, Markets.com shows its great support to its 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.

ProsCons
Recognized and regarded broker worldwideNo 24/7 customer service
FTSE 250 listed company
Trading opportunity for numerous instrument and separate platform for Stock investors
Powerful proprietary software
Professional education materials and research

markets.com website

10 Points Summary
🏢 HeadquartersCyprus
🗺️ RegulationCySEC, ASIC, FSCA
🖥 PlatformsMarketsX, Marketsi, MT5
🎮 Demo AccountAvailable
💰 Base currenciesSeveral currencies offered
💰 EUR/USD Spread0.2 pips
📉 InstrumentsCFDs, Indices, Cryptocurrencies, Bonds, Forex and Investment option on thousands of Shares
💳 Minimum deposit100 USD
📚 EducationProfessional knowledge center and research materials including Live News, analysis and free tools
☎ Customer Support24/5

Is Markets.com safe or a scam?

ProsCons
License from European CySEC and ESMA regulationsNone
Listed in Stock
Global expand via FSCA license in South Africa and Australian ASIC
Cross border licenses and global offering coverage
Negative Balance Protection applied

Is Markets.com legitimate?

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.

Markets.com entityRegulation and License
Safecap Investments LtdAuthorized by CySEC (Cyprus) authorization no. 092/08
TradeTech Markets (South Africa) (Pty) LimitedAuthorized by FSCA (South Africa) registration no. 46860
Tradetech Markets (Australia) Pty LtdAuthorized by ASIC (Australia) registration 424008

How are you protected?

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, it 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.

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, thus you should always verify condition according to your own residency and applicable laws of Markets.com entity.

  • yet with Markets.com and its Australian regulation, in particular, you may still enjoy a high level of leverage up to 400:1 for Forex major instruments.
  • 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.

markets.com leverage

Accounts

So when you go for an account opening, you would see a seamless process with variety of account types defined by the level of your experience as we see further in our Markets.com Review.

ProsCons
Fast digital account openingNone
Single Account for Live Trading
Separate Account for Investing in Stocks, ETFs
Free Practice Demo Account

Account types

 Also, it is a single account feature all designed for the best performance according to your trading capabilities so the selection between trading and investment account, where all preferences can be set.

markets.com pricing

Instruments

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 as we found through Markets.com review.

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.

markets.com instruments

Crypto trading is now in the brokers’ asset too, as trade is fast and hassle-free since crypto doesn’t require any technical knowledge, the 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.

Fees

As for the trading costs, all is included into the floating spread if you trade via Marketsx platform, which is also quite competitive among the offering. For investment option when you sign up for Marketsi you will be also offered of free trading for the first three months as a bonus and afterward charged a commission per trade.

ProsCons
Floating spread for trading accountConditions may vary according to the entity
Islamic accounts
Low and average CFD fees
No additional costs or commissions
Stocks Free Trading for first three months as a bonus

Our find on Forex fees

See below standard account Markets.com spreads for your information and better understanding as a reference, also you can check out and compare fees to another popular broker ForexCT.

Comparison between Matkets.com and similar brokers
Asset/ PairMarkets.com FeesInstaForex FeesAvaTrade Fees
EUR USD0.2 pips31.3 pips
Crude Oil WTI3 pips5 pips3 pips
Gold67 cents1.3 point40
BTC USD140750.75%
Inactivity FeeYesYesYes
Deposit feeNoNoNo
Fee rankingLowHighAverage

markets.com trading fees

SWAP fees

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.

Deposits and Withdrawals

All deposit or withdrawal requests can be done through a personal account by simple submit of the request, also available through Mobile App which is definitely a plus.

ProsCons
Fast digital deposits via various payment optionsDeposit fee may be applicable due to regional laws
Small first deposit
Multiple Account Base Currencies
0$ free withdrawal
Withdrawal requests take up to 3 days

Deposit Options

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.

What is the minimum deposit requirement for Markets.com?

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 your residence and the applicable account to you.

Withdrawals

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 payment methods

Trading Platforms

Markets,com built its proposal based on the trading or investment need, so if you would like to trade yourself MarketsX is your choice. For investors, Marketsi platforms offering a dealing platform through a huge range of stocks and simple management according to your investment strategy.

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

ProsCons
User friendly trading softwareNone
Trading platform MarketsX and investment platform Marketsi
MetaTrader5 available as a choice
Versions for Web, Mobile and Desktop trading
App for iOS and Android
Fee Report
Available of various languages

Web Platform

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.

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

Desktop Platform

The proprietary platform featuring interactive and responsive just through a 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.

Mobile Platform

markets.com platform

Customer Support

Markets.com in its proposal promises dedicated service and support with information you need, we check those claims and found that its support stands on a good level with relevant answers availability.

There is phone support, live chat active so you can contact service about your concerns while teams are reachable 24/5.

ProsCons
Quick responseNo 24/7 support
Relevant answers
Availability of Live Chat

Education

The proprietary platform featuring interactive and responsive just through a 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.

ProsCons
Professional Knowledge CenterNone
Multilingual education
Demo Account
Numerous Educational materials and Webinars
Research tools and analysis
XRay live stream service
Inbuilt News Feed and updates

markets.com education

Conclusion

In conclusion, 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 its 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 the deposit required to start is only 100$. Hereof, the general Markets.com offer is an interesting option to choose from.

Of course, we would be glad to know your personal opinion or experience with Markets.com so you may share it below. 

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