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Trading Critique

Broker Review

markets.com Broker Review 2023 - A Detailed Product Guide with Regulations

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

Account Types

Retail Account

Professional Account

Demo Account

YES

Islamic Account

YES

Minimum Deposit 

$100

Maximum Leverage

30:1 to 300:1

Payment Method

 Bank Transfer
 
 Credit card/Debit Card
 
 E-wallets

Account Base Currencies

PLN, SEK, DKK, USD, EUR, GBP,  NOK, ZAR, AUD, CHF, CZK

Trading Platforms

 Metatrader 4 (MT4)
 
 Metatrader 5 (MT5)
 
 Web platform
 
 markets.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).

Image 1: Home Page of the markets.com Website

A screenshot from the Home page of the markets.com website

Image Copyrights reserved to the markets.com Website

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.

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

British Virgin Islands

Finalto (BVI) Ltd

Ritter House, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.

SIBA/L/14/1067

Cyprus

Cyprus

Safecap Investments Limited

092/08

Australia

Finalto (Australia) Pty Ltd

424008

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

decline Denied Countries

 Yemen

 Vanuatu

 USA and its dependent territories

 Turkey

 Tunisia

 Trinidad and Tobago

 Syria

 Sri Lanka

 Singapore

 Serbia

 Russia

 Puerto Rico

 Panama

 Pakistan

 Northern Mariana Islands

 New Zealand

 Malaysia

 Japan

 Israel

 Iraq

 Iran

 India

 Hong Kong

 Ghana

 European Union Member States

 Ethiopia

 Democratic People’s Republic of Korea (North Korea)

 China

 Canada

 Cambodia

 Brazil

 Botswana

 Belize

 Belgium

 Bahamas

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

trophyAwards 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:

 

Forex

Shares

Blends

Crypto

Commodity CFDs

Bonds

ETF

Index

Forex

Shares CFDs

Blends

Cryptocurrencies

Commodities

Bonds

ETFs

Indices

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.

Image 2: MT4 section on the markets.com Website

A screenshot that shows the information about the MT4 section on the markets.com website

Image Copyrights reserved to the markets.com Website

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.

Image 3: MT5 section on the markets.com Website

The screenshot features markets.com's MT4 section, showcasing the accessibility of the user-friendly web trading platform with a markets.com account.

Image Copyrights reserved to the markets.com Website

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.

Image 4: Web Platform section on the markets.com Website

A screenshot that shows the information about the Web platform section on the markets.com website

Image Copyrights reserved to the markets.com Website

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.

Image 5: Mobile Trading section on the markets.com Website

A screenshot that shows the information about the Mobile trading section on the markets.com website

Image Copyrights reserved to the markets.com Website

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

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.

Image 6: Learn section on the markets.com Website

A screenshot that shows the information about the Learn section on the markets.com website

Image Copyrights reserved to the markets.com Website

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.
 
Tradeable asset types numbering over 2200
 
Trades without commission and competitive spreads
 
Excellent customer service and a knowledgeable trading team

 For experienced traders, a proprietary trading platform might be too basic.

 Customers in the US cannot use this.

 No assistance on weekends

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

Email
Facebook
Linkedin

Instagram

Youtube

Twitter

Customer Support Languages

English, French, Spanish, Italian, Arabic, German, Bulgarian

Image 7: Contact Support section on the markets.com Website

A screenshot that shows the information about the Contact support section on the markets.com website

Image Copyrights reserved to the markets.com Website

In a Nutshell – markets.com Review

Unlock more trading opportunities in minutes with tradingcritique.com. Check out how we assist traders by reviewing various brokers. Our unique strategy provides insights into various brokers, helping traders augment profits and achieve financial success.

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.

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