markets.com is a global brokerage with a diverse client base. Our Trading Critique review provides insights into the broker’s strengths and weaknesses, empowering traders to make informed decisions. Discover the broker’s key advantages and disadvantages to enhance your trading experience with markets.com.
Table 1: markets.com Overview
| markets.com Highlights | |
|---|---|
| Regulated By | The British Virgin Islands Financial Commission (BVI)British Virgin Islands |
| The Australian Securities & Investments Commission (ASIC)Australia | |
| The Cyprus Securities and Exchange Commission (CySEC)Cyprus | |
| The Financial Conduct Authority (FCA)UK | |
| Account Types | Retail AccountProfessional Account |
| Demo Account | YES |
| Islamic Account | YES |
| Minimum Deposit | $100 |
| Maximum Leverage | 30:1 to 300:1 |
| Payment Method | Bank TransferCredit card/Debit CardE-wallets |
| Account Base Currencies | PLN, SEK, DKK, USD, EUR, GBP, NOK, ZAR, AUD, CHF, CZK |
| Trading Platforms | Metatrader 4 (MT4)Metatrader 5 (MT5)Web platformmarkets.com app |
| Commission | NO |
| Inactivity Fee | $10/month (after 3 months of inactivity) |
| Customer Support | 24/5 |
| Market Instruments | Details |
| Shares | YES |
| Forex | YES |
| Commodities | YES |
| Indices | YES |
| Cryptocurrencies | YES |
| Blends | YES |
| Bonds | YES |
| ETFs | YES |
markets.com Review- An Intro
markets.com has succeeded in rising to the position of one of the top brokers in the trading sector. The broker has a number of entities owned by the Finalto Group all over the world.
markets.com was founded in 2008 and is a part of Finalto, which is a part of Playtech PLC, which is traded on the London Stock Exchange Main Market and is a part of the FTSE 250 Index.
markets.com – Knowledge Bites
Some of the key features and advantages that traders can expect from markets.com include exceptionally low spreads (starting at 0.6 pips), leverage of 1:30-1:300 (depending on the account type and jurisdiction), and robust trading tools. One of the platform’s best features is blends and the large selection of forex pairs, metals, stocks, bonds, ETFs, and cryptocurrencies (Crypto CFDs are not available to retail clients through the broker’s UK entity).
Regulations & Trustability Review of markets.com
markets.com is a multilingual, international company that has regulated affiliates in the UK, Australia, EU, South Africa, and BVI. Every entity is subject to regulation by the appropriate body in that region.
markets.com is regulated by The Australian Securities & Investments Commission (ASIC) in Australia, The Cyprus Securities and Exchange Commission (CySEC) in Europe, The Financial Conduct Authority (FCA) in the UK and The British Virgin Islands Financial Commission (BVI) in BVI.
Customers in all regulated territories are covered by a $1,000,000 insurance policy that markets.com has purchased. Client funds are kept in segregated accounts at reputable banks, and all traders are automatically protected from negative balances. For up to 90% of deposits, or €20,000, the Cyprus subsidiary provides an investor compensation fund. Through the FSCS, traders with UK addresses can receive compensation of up to £85,000.
Table 2: markets.com Regulation Details
| Regulation | Country | Registered Office | License Number | Headquarters |
|---|---|---|---|---|
| The Financial Services Commission (FSC) | British Virgin Islands | Finalto (BVI) LtdRitter House, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands. | SIBA/L/14/1067 | Cyprus |
| The Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Safecap Investments Limited | 092/08 | |
| The Australian Securities & Investments Commission (ASIC) | Australia | Finalto (Australia) Pty Ltd | 424008 | |
| The Financial Conduct Authority (FCA) | UK | Finalto Trading (UK) Limited | 607305 |
Review of Accepting Countries of markets.com Broker
Numerous nations in Europe, Africa, Asia, and the Americas are served by markets.com’s customer base. The following territories and countries are not allowed to open accounts on markets.com:
Table 3: Denied Countries of markets.com Broker
| Denied Countries | |
|---|---|
| YemenVanuatuUSA and its dependent territoriesTurkeyTunisiaTrinidad and TobagoSyriaSri LankaSingaporeSerbiaRussiaPuerto RicoPanamaPakistanNorthern Mariana IslandsNew ZealandMalaysiaJapan | IsraelIraqIranIndiaHong KongGhanaEuropean Union Member StatesEthiopiaDemocratic People’s Republic of Korea (North Korea)ChinaCanadaCambodiaBrazilBotswanaBelizeBelgiumBahamas |
Review on Awards won by markets.com Broker
markets.com has been awarded numerous awards from around the world for the excellent reputation of its services.
Table 4: Awards of markets.com
| Awards | Awarded by |
|---|---|
| Best Trading Platform 2020 | FX Scouts |
| Best Forex Trading Platform | 2017 UK Forex Awards |
| Best Forex Provider | 2017 UK Forex Awards |
Investments, Products, and Instruments Review of markets.com
markets.com provides an impressive choice of CFD products with over 2,200 financial instruments available for trading.
Financial Instruments that you can trade using markets.com:
Shares
Blends
Commodity CFDs
Bonds
ETF
Index
Forex
- 67 Forex pairs, including majors, minors, and exotics, are available for trading on markets.com.
- This offering contains nearly the same amount of currency pairs as the majority of brokers do.
- Leverage is limited to 1:200 on the MT4/MT5 platforms, with a maximum of 30:1.
Shares CFDs
- Over 2000 stock CFDs are available to trade on markets.com, including well-known US tech firms and global energy corporations.
- In comparison to other brokers in a similar industry, this range is wider.
- Leverage can go up to 1:10.
Blends
- markets.com provides special trading Blends.
- The US Tech Blend, the Cannabis Blend, the Warren Buffett Blend, and the Brexit Winners and Brexit Losers Blends are just a few of the more than a dozen Blends that are available for trading.
- Blends allow for leverage of up to 10:1.
Cryptocurrencies
- market.com provides trading in an impressive 25 cryptocurrencies, including, among others,Bitcoin, Ethereum, Ripple, and Litecoin.
- Leverage can be as high as 10:1.
Commodities
- Compared to the majority of other brokers, markets.com offers trading on 28 different commodities, which is a very broad selection.
- Metals, energies, and soft materials like cotton, wheat, coffee, and soybeans are some of these.
- Leverage can go up to 200:1.
Bonds
- Four different bonds are available for trading on markets.com.
- On all bonds, leverage can reach 100:1.
ETFs
- Compared to the majority of other brokers, markets.com offers trading on 60 ETFs, which is a wider selection
- The maximum leverage is 1:33.
Indices
- The USA 30, USA 500, VIXX, and USTech100 are among the 39 spot indices available on markets.com.
- Compared to other brokers, this one offers a limited selection of indices.
- On indices, the maximum leverage is 1:200.
Trading Platforms available in markets.com – A Review
markets.com also supports Mobile app, Metatrader 4 and 5 and has created a proprietary, user-friendly trading platform called Web trading platform.
Trading platforms that can be used for trading in markets.com:
Metatrader 4 (MT4)
MetaTrader 5 (MT5)
Web Platform
markets.com app
Meta Trader 4 (MT4)
One of the most used and well-liked trading platforms is still Metatrader 4. The markets.com MT4 offering includes Expert Advisors, micro-lots, hedging, and one-click trading in addition to everything else you would predict from this platform. With your markets.com account, you can access the well-known and simple-to-use web trading platform Metatrader 4.
Metatrader 5 (MT5)
The most sophisticated online trading platform created by MetaQuotes Software, Metatrader 5, is a significant upgrade. The multi-asset derivatives trading platform MT5 is used for CFD trading. It’s an improved, quicker version of MT4 that gives markets.com traders the ability to perform netting and hedging, and it also offers more technical indicators, more market depth, and a wider range of timeframes.
Web Platform
markets.com provides its own trading platform. The platform is web-based and simple to use. While providing advanced charting and technical analysis tools, the user interface is simple and clean. The platform also includes a number of technical indicators to help with chart analysis. In addition, the markets.com platform includes 14 trading tools.
markets.com Mobile App
A proprietary trading platform, the markets.com app, is additionally available for mobile devices in addition to the standard MT4 and MT5 native apps. You can download the official markets.com Mobile application only from the Apple App Store and Google Play Store. Traders can accept orders on the app even when the market is closed. The benefit of a Mobile app is that it has been optimized to be available on the go. The app does sync with the web platform, but customization options are limited.
Review of Types of Accounts available in markets.com
markets.com provides the following account types:
The markets.com Account Types are:
Retail Account
Professional Account
Retail Account
The majority of users register for this type of live trading account. When trading CFDs, you have access to more than 2200 tradable assets with a Retail account.
Professional Account
This applies to professionals who invest more than $500,000. With a Professional account, more leverage is possible.
Demo Account Review of markets.com
A Demo Account can also be opened by traders. A virtual $10,000 USD is loaded into demo accounts. On request, the demo account’s 30-day duration may be extended. Additionally, it is fully mobile-compatible, allowing you to learn how to trade on all of your gadgets.
Fees & Commissions Review of markets.com
- When the trading account currency and the quoted currency of the underlying asset are different, a small conversion fee (0.3%) is deducted to cover the cost of the currency conversion.
- The trading platform levies no commission fees.
- Both deposits and withdrawals are free.
- Opening a trading account requires a minimum deposit of 100 GBP/EUR/USD, or its equivalent in one of the local currencies accepted by markets.com.
- The EUR/USD pair’s minimum spread averages 1.90 pips on the web platform, whereas on Metatrader 4/5, it is 3 pips.
- The typical minimum spreads for transactions involving cryptocurrencies are 5 pip for Ethereum and 107 pip for Bitcoin.
Deposit & Withdrawal Methods Review of markets.com
markets.com accepts most debit and credit cards, bank wire transfers, and popular E-wallets like Neteller, Skrill, and PayPal for secure deposits and withdrawals. There are no fees for deposits or withdrawals on markets.com.
There are nine base currencies available at markets.com: USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, and AUD. The minimum deposit is 100 of the base currency used to fund your account.
Table 5 : Payment Methods, Deposit & Withdrawal Fee on markets.com
| markets.com Payment Method | Deposit Fee | Withdrawal Fee | Processing Time |
|---|---|---|---|
| E-wallets | Free of charge | Free of charge | 24 hours |
| Debit /Credit card | 24 hours | ||
| Bank wire transfers | 1-2 business days |
Leverage available on markets.com – A Review
Leveraged trading is available at markets.com. Leverage limitations differ depending on the type of account (retail vs. professional) and the legal system, with a maximum leverage of 1:300 being offered. Regulations limit the leverage for retail clients covered by ASIC, FCA, and CySEC entities to a maximum of 1:30. Professional traders can use a maximum leverage of 1:300.
Bonus Review of markets.com
markets.com is offering a fantastic welcome bonus of up to 30%. There aren’t any other bonuses or promotions available on markets.com.
Education and Research Review of markets.com
The platform also provides research materials, webinars, in-depth analysis, advanced charting, technical analysis tools, and educational videos in addition to research materials, market analysis, and market analysis.
markets.com offers quality instructional videos on its YouTube channel. Tutorial videos, quick videos about trading advice, and some longer 60-minute videos on specialized subjects like trend signals are all examples of educational content.
Advantages & Disadvantages of markets.com
markets.com has both advantages and disadvantages which are listed in Table 6.
Table 6 : Pros and Cons of the markets.com Website
 Pros of Markets.com |  Cons of Markets.com |
|---|---|
| Five regulatory bodies, including ASIC, CySEC, and the FCA, oversee brokers. | For experienced traders, a proprietary trading platform might be too basic. |
| Tradeable asset types numbering over 2200 | Customers in the US cannot use this. |
| Trades without commission and competitive spreads | No assistance on weekends. |
| Excellent customer service and a knowledgeable trading team |
Customer Support Review of markets.com
Contact options include email, phone, live chat, and online inquiry forms. The most typical questions are addressed in the FAQ section. Customer service in multiple languages is offered from Monday 00:00 to Friday 23:55 PM (GMT +2), or from Sunday 22:00 PM to Friday 21:55 UK time.
Table 7 : Customer support service details of markets.com
| Social Media Pages of markets.com | |
|---|---|
| Phone | +44 2080 979 794 |
| support@markets.com | |
| https://www.facebook.com/marketscom/ | |
| https://www.linkedin.com/company/markets.com | |
| https://www.instagram.com/marketsdotcom/ | |
| Youtube | https://www.youtube.com/user/marketsdotcom |
| https://twitter.com/marketscom/ | |
| Customer Support Languages | English, French, Spanish, Italian, Arabic, German, Bulgarian |
In a Nutshell – markets.com Review
- The markets.com platform and its features are comprehensive and simple to use for both beginners and highly experienced traders.
- The platform’s tools and analysis section has a number of helpful resources, such as summaries of blog posts, analysis reports, insider market updates, and financial news.
- Technical analysis features include market signals, advanced and basic charting, and in-depth comments from the markets.com trading advisory team.
- markets.com users can trade on more than 2,200 CFDs without paying any commissions.
- The broker was governed by five financial jurisdictions, including the European Union, Australia, South Africa, the United Kingdom, and the British Virgin Islands.
- The top-tier, comprehensive markets.com Traders have access to mobile apps and web-based trading platforms, and they also have the choice of trading on the MT4 and MT5 platforms.
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Frequently Asked Questions – markets.com
1. What is markets.com’s minimum deposit?
A minimum deposit of $100 or the equivalent currency is required.
2. Do markets.com’s mobile trading services exist?
Yes, for iOS and Android, markets.com’s proprietary trading app is accessible.
3. Does markets.com provide protection against negative balances?
By default, negative balance protection is enabled for all markets.com accounts.
4. Are there any commission fees for CFDs at markets.com?
On CFDs, the Company does not impose any commission fees.
5. How much leverage is available on the markets.com platform?
For Retail clients, the maximum leverage is 1:300.
