Traders in search of a comprehensive and reliable online platform with a wealth of account options and features will find great value in Markets.com. Markets.com was established in 2008 and is part of Finalto, a constituent of Playtech PLC, which is traded on the London Stock Exchange Main Market and is a constituent of the FTSE 250 Index.
Markets.com offers five region-specific account types for clients in Europe, South Africa, Australia, the UK, and other regions. The platform is currently unable to serve customers in the USA, Canada, Japan, Singapore and Belgium. Markets.com is globally recognized for its excellent trading options and stable platform and won Best Forex Trading Platform and Best Forex Provider at the 2017 UK Forex Awards, as well as the Best Trading Platform 2020 at FX Scouts.
Markets.com lives up to its name by providing traders with a broad sweep of the financial markets in its extensive selection of tradable assets. Customers can choose from a staggering 2200 assets, including currency pairs, precious metals, a wide selection of global shares, bonds, ETFs, cryptocurrencies and several innovative blends including a trade war blend and Warren Buffett blend. Markets.com has developed a proprietary, easy-to-use trading platform (Web Trader) and also supports MetaTrader 4 and 5. Exceptionally low spreads (starting from 0.6pips), leverage of 1:30-1:300 (depending on the account type and jurisdiction)and powerful trading tools are some of the key features and benefits that traders can expect from Markets.com.
RISK WARNING: 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros and Cons
Pros
- Broker regulated by five regulators, including ASIC, CySEC and the FCA
- More than 2200 asset types available to trade
- Accessible and informative investor education tools
- Commission-free trades and competitive spreads
- Outstanding customer support and an expert trading team
Cons
- Proprietary trading platform may be too simple for advanced traders
- Not available to clients in the US and Canada, as well as Japan and Singapore
- No support over the weekends
Recommended For
New, experienced and professional traders will find the Markets.com platform and its features to be comprehensive and easy to access. The platform’s tools and analysis section contains several useful resources including financial news, analysis reports, insider market updates and bloggers’ opinion summaries. Technical analysis features include basic and advanced charting, market signals and full commentary from the Markets.com trading advisory team.
The platform is covered by a total of five financial jurisdictions, including two tier-1 regulators. The EU, UK, Australia, South Africa, and British Virgin Islands jurisdictions ensure client funds segregation, while the extent of investor compensation varies across their respective regulators. Leverage limits vary across account types (retail/professional) and jurisdiction, with a maximum leverage of up to 1:300 available. For retail clients under ASIC, FCA, and CySEC entities, the leverage is capped at a maximum of 1:30 in accordance with regulations. Leverage limits vary by asset class, with forex enjoying the highest ratios. Investor compensation protection and leverage limits are all outstanding features of Markets.com’s offering. The maximum leverage available to professional traders are 1:300.
Regulated By
- Cyprus Securities and Exchange Commission (Cyprus)
- Financial Sector Conduct Authority (South Africa)
- Financial Conduct Authority FCA (UK)
- British Virgin Islands Financial Services Commission BVI FSC
- Australian Securities and Investments Commission ASIC (Australia)
Top Features
- Exceptionally Low Spreads: In addition to zero commissions, Markets.com offers extremely competitive spreads on all major forex pairs. This extends to spreads on the large selection of exotic forex pairs that are available.
- Investment Insights and Strategies: The resources dedicated to investor education on Markets.com are accessible, insightful, and especially useful for traders of all experience levels. The platform’s trading experts offer an interesting video analysis series called x-ray that is updated regularly with new episodes.
- Outstanding Service: Markets.com prides themselves on next-level customer service. Traders will enjoy the VIP support service which includes live chat, phone support and email support 5 days a week.
- Over 2200 Tradable Assets: The large selection of forex pairs, metals, stocks, bonds, ETFs, cryptocurrencies (Crypto CFDs are not offered to retail clients under the broker’s UK entity) and blends is one of the platform’s best features. Markets.com’s blend funds, which include the Buffet, Soros, Cannabis, Brexit Winners and Losers, and Dogs of the Dow blends, offer traders a variable mix of growth and value stocks across multiple industries and geographic locations.
- Decision-Making Tools: In addition to their basic investor education resources, Markets.com offers a variety of buy, sell, and hold signaling tools. Investors will benefit from features including stock alerts, insider trade alerts, hedge fund confidence indexes and trading trends from fellow Markets.com users.
Account Types
|
Features |
Retail Account |
Professional Account |
|
Account Currencies |
USD, EUR, GBP, DKK, NOK, SEK, PLN, CZK, AUD, CHF ZAR |
USD, EUR, GBP, DKK, NOK, SEK, PLN, CZK, AUD, CHF ZAR |
|
Available Leverage |
Up to 1:300 |
Up to 1:300 |
|
Minimum Deposit |
100 GBP/EUR/USD |
100 GBP/EUR/USD |
|
Starting Spreads |
From 0.6 pips |
From 0.6 pips |
|
Commission Per Trade |
No |
No |
|
Decimal Pricing |
Up to 5 decimals
|
Up to 5 decimals
|
|
Swaps/Rollovers |
Yes |
Yes |
|
Trading Instruments |
67 FX Pairs 28 Commodities 4 bonds 66 ETFs 2000+ Stocks 25 Crypto CFDs
|
67 FX Pairs 28 Commodities 4 bonds 66 ETFs 2000+ Stocks 25 Crypto CFDs
|
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
|
Max Lot Size Per Trade |
50 |
50 |
|
Demo Account |
Yes |
Yes |
|
Swap/Rollover Free |
Yes |
Yes |
|
Copy Trading Support |
No |
No |
Trading Platforms
- MetaTrader4 and MetaTrader5 By MetaQuotes Software Corp.
- Markets.com WebTrader, Markets.com Mobile Trading App
Trading and Investment Tools
- One Click Trading: Yes
- Trade off Charts: Yes
- Email Alerts: Yes
- Mobile Alerts: Yes
- Stop Order: Yes
- Market Order: Yes
- Trailing Stop Order: No
- OCO Orders: Yes
- Limit Order: Yes
- 24hr Trading: Yes
- Charting Package: Yes
- Streaming News Feed: Yes
Compliance & Regulation
With a total of five financial jurisdictions on offer, Markets.com users can choose between several compliance and investor compensation offerings.
Markets.com’s holding company (Safecap Investments) is headquartered in London, UK and falls under the regulatory ambit of CySEC, the Cyprus Securities and Exchange Commission. The platform’s European accounts are covered by the same body and offer traders up to €20,000 in ICF investor compensation as well as negative balance protection and segregated bank accounts.
In terms of the UK account offered by Markets.com, traders will benefit from top-tier Financial Conduct Authority (FCA) standards that include up to £85,000 investor compensation in addition to client funds’ segregation and negative balance protection.
The Australian account is regulated by the Australian Securities and Investments Commission (ASIC) and offers negative balance protection and electronic verification, as well as segregated accounts. While no investor compensation is offered, ASIC is a first-tier regulator with an excellent global reputation.
Traders who opt for the Global Account, regulated by the British Virgin Islands’ Financial Services Commission (FSC), will benefit from segregated bank accounts and negative balance protection. This jurisdiction type does not offer investor compensation. The same regulatory framework and terms are also offered by the South African Financial Sector Conduct Authority (FSCA).
The variety of account jurisdictions and the presence of two tier-1 regulators in their offering is a stand-out feature of Markets.com that will allow users to trade with confidence.
Fees & Commissions
- Rollover Fee: No
- Margin Interest: No
- Depositing Fees: No. Bank charges or external transaction fees may apply.
Pricing
The trading fees charged by Markets.com are almost exclusively in the form of variable spreads on each tradable asset. The platform charges zero commission on trades and there are no deposit or withdrawal fees. Markets.com also offers to reimburse customers for any bank charges or external transaction fees incurred for deposits if the amount exceeds $2500.
The minimum deposit required to open a trading account is 100 GBP/EUR/USD or the equivalent in one of the local currencies supported by Markets.com. Minimum withdrawal amounts differ by payment type, starting from 5 USD/EUR/GBP for Neteller and Skrill and reaching 100 GBP/EUR/USD for wire transfers in all regions except the EU where the minimum is 20 GBP/EUR/USD. Traders should note that Markets.com requires funds to be deposited and withdrawn using the same payment method, in line with anti-money laundering and Know Your Customer best practices.
Service Details
- Supported Languages: Arabic, Bulgarian, Dutch, English, French, German, Italian, Portuguese, Greek, Spanish
- Customer Service By: Dedicated phone support, Live Chat, Email, Online Query Form
- Customer Service Hours: 24/5
- Email Response Time: Up to 48 Hours
- Telephone Orders: Yes
- Personal Account Manager: Yes (Professional Account)
Reliability & Security
Reliability inspires traders’ confidence – and Markets.com offers a solid technological infrastructure that helps ensure quick, effortless trades. Being part of Playtech, a FTSE 250-listed tech company, Markets.com passes on the benefits of tech expertise directly to its customers in the form of fast trade execution, minimal downtime, and a feature-rich website and online trading platform that is smooth and highly performant.
Both Markets.com’s proprietary trading platform and its MetaTrader support provide traders with a variety of investment analysis tools, indicators, and signals that will assist in making the best possible trading decisions. The proprietary platform may be of most use to new and intermediate traders while advanced users may opt to use MetaTrader. Both platforms offer a wide range of charting tools for technical analysis and buy/sell functionalities that makes trading simply and easy. Stop Loss orders and other automated trading features can be set easily using both platforms.
User Experience
The emphasis placed on customer service at Markets.com is evident from the beginning of the sign-up process. Traders are presented with an account registration page for both demo and live accounts, with the option of creating an account using their email address, or alternatively Google/Facebook accounts. After this quick process is completed, several further details are requested, including country of residence and the account jurisdiction the user would like to select. Traders who are new to Markets.com will appreciate the fully functional features included in the demo account which requires fewer verification steps to set up.
Once the user account has been created, traders are free to browse Markets.com’s extensive investor education library to bring themselves up to date with the latest market trends and price movements. The various information sources available are easy to access, visually appealing, and provide traders with a variety of market news, technical analysis and charting tools. The hedge fund confidence listing and insider trading alerts are particularly useful for traders who base part of their strategy on monitoring institutional investment decisions. Alternatively, traders who are fully up to speed and eager to start trading can get started by making the required minimum deposit and launching the proprietary Markets.com trading app or opting to use Metatrader 4 or 5.
The overall user experience offered by Markets.com is smooth and reliable. The stability of the trading platform and its easy-to-navigate interface are complemented by the helpfulness of the platform’s customer service offering. New traders in particular will appreciate the sense of support and expert guidance that the platform offers. Professional traders who opt to open a pro account will enjoy VIP support and enhanced leverage offering that it provides.
Final Thoughts
Many online brokers offer limited asset types and a number of hidden fees. Markets.com distinguishes itself by doing the opposite – with zero commissions, competitive spreads and a transparent pricing structure in addition to its large selection of tradable assets. The wide selection of trading jurisdictions adds an extra level of value to Markets.com’s offering.
From the easy setup process to the ease at which traders can access and get up to speed with the proprietary trading platform, Markets.com places convenience and user-experience of traders high on its list of priorities. A good selection of education, analysis tools and easy deposit and withdrawal terms complete the offering and make the use of Markets.com even more compelling.
Trading Platform Screenshots
Contact Info
148 Strovolos Avenue 2048 Strovolos, P.O.Box 28132 Nicosia, Cyprus
FAQs
Q: Is leverage of 1:300 available on all accounts?
A: Leverage limits vary across account types (retail/professional) and jurisdiction, with a maximum leverage of up to 1:300 available. For retail clients under ASIC, FCA, and CySEC entities, the leverage is capped at a maximum of 1:30 in accordance with regulations. Maximum leverage 1:300 is available to those who qualify as a professional trader. This requires a portfolio value of €500,000 or more, four quarters of active trading, and relevant work experience in the financial sector.
Q: I would like to trade cryptocurrencies. Is this feature offered?
A: Markets.com offers access to 25 cryptocurrency CFDs subject to regulation. Crypto CFDs are not offered to UK residents or from the broker’s UK entity.
Q: Will my funds be secure with Markets.com?
A: When trading with an online broker it is essential to review their regulatory standards. Markets.com is regulated by five globally recognized financial authorities, including two that offer investor compensation schemes (CySEC and the FCA). All of the accounts offered by Markets.com also feature segregated accounts for client deposits.
Q: Does Markets.com offer mobile trading?
A: Yes. The proprietary Markets.com trading app is available for iOS and Android and facilitates trading on the go.
Q: How do I sign up for a Markets.com trading account?
A: Simply visit the Markets.com website and click on the “Create Account” box located near the top right of the page. It takes just a few minutes to register your account and demo accounts are also offered.
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