Markets.com is a reliable and comprehensive online trading platform that offers five region-specific account types for clients in Europe, South Africa, Australia, the UK, and other regions. With a broad selection of 2200 tradable assets, including currency pairs, precious metals, global shares, bonds, ETFs, and cryptocurrencies, traders can expect low spreads, leverage of 1:30-1:300, and powerful trading tools.
Markets.com has won several awards for its stable platform and excellent trading options. However, the platform cannot serve customers in the USA, Canada, Japan, Singapore, and Belgium.
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Markets.com Pros & Cons
| ✅ A wide range of account options for traders in different regions | ⚠️ Not available for customers in the USA, Canada, Japan, Singapore, and Belgium |
| ✅ A comprehensive selection of tradable assets, including stocks, currencies, commodities, and cryptocurrencies | ⚠️ High risk involved in trading CFDs, as indicated by the warning on the platform |
| ✅ An easy-to-use proprietary trading platform (Web Trader) as well as support for MetaTrader 4 and 5 | ⚠️ Limited research and educational resources compared to some other platforms in the industry |
| ✅ Exceptionally low spreads starting from 0.6 pips and flexible leverage options | |
| ✅ Globally recognized and award-winning platform with a strong reputation in the industry |
Who Is Markets.com Recommended For?
Markets.com is recommended for traders who are looking for a comprehensive and reliable online platform with a wide range of account options and features. The platform offers five region-specific account types, making it suitable for traders in Europe, South Africa, Australia, the UK, and other regions. Markets.com is also suitable for traders who are interested in trading a variety of financial instruments, including currency pairs, precious metals, global shares, bonds, ETFs, cryptocurrencies, and innovative blends. Additionally, the platform’s proprietary trading platform (Web Trader) and support for MetaTrader 4 and 5 make it a suitable choice for both novice and experienced traders. However, traders should be aware of the risks involved in trading CFDs, as 67% of retail investor accounts lose money when trading CFDs with this provider.
Regulation and Security
Markets.com is a well-regulated online trading platform. It is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08. Markets.com also holds licenses from several other regulatory bodies, including the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Financial Services Commission (FSC) of the British Virgin Islands.
As a regulated broker, Markets.com is required to adhere to strict regulatory standards, including maintaining segregated client funds, conducting regular audits, and providing negative balance protection for its clients. Markets.com also uses advanced security measures to protect its clients’ data and transactions, including SSL encryption, two-factor authentication, and firewalls.
Account Options
- Broker Type: Market Maker
- Minimum Deposit: 100
- Forex Majors Spread: EUR/USD: 0.6 , GBP/USD: 0.9, USD/JPY: 0.9
- Maximum Forex Leverage: 1:30 or 1:300 depending on jurisdiction and account type
- Minimum Trade Size: 1000
- Scalping: Yes
- Hedging: Yes
- Free Demo Account: Yes
- Traders from USA: No
- Day Trading Account: Yes
Top Markets.com Features
- Exceptionally Low Spreads: Markets.com offers extremely competitive spreads on all major forex pairs and exotic forex pairs.
- Investment Insights and Strategies: The platform provides access to investor education resources such as a video analysis series called x-ray, which is updated regularly with new episodes.
- Outstanding Service: Markets.com prides itself on next-level customer service, with VIP support available through live chat, phone, and email support five days a week.
- Over 2200 Tradable Assets: The platform offers a wide selection of forex pairs, metals, stocks, bonds, ETFs, cryptocurrencies, and blends, including the Buffet, Soros, Cannabis, Brexit Winners and Losers, and Dogs of the Dow blends.
- Decision-Making Tools: Markets.com offers a variety of buy, sell, and hold signaling tools, including stock alerts, insider trade alerts, hedge fund confidence indexes, and trading trends from fellow Markets.com users.
Markets.com Account Types
Markets.com offers five region-specific account types:
- Retail Account: This account is suitable for beginner traders and requires a minimum deposit of $100. It offers a range of trading instruments, tight spreads, and 24/5 customer support.
- Professional Account: This account is suitable for experienced traders who meet certain criteria, such as having a portfolio of over €500,000 or working in the financial sector. It offers higher leverage and lower margin requirements compared to the retail account.
- Premium Account: This account is suitable for high-net-worth traders who deposit at least $20,000. It offers a dedicated account manager, personalized trading strategies, and exclusive trading conditions.
- Islamic Account: This account is designed for traders who follow Islamic finance principles and do not earn or pay interest. It offers no swaps or rollover fees and is available to clients of all levels.
Markets.com Pricing
Markets.com’s trading costs are virtually entirely in the form of variable spreads on each traded item. Trades are charged no commission, and there are no deposit or withdrawal fees. Markets.com will additionally refund consumers for any bank fees or external transaction costs paid for deposits in excess of $2500.
The minimum deposit necessary to start a trading account is 100 GBP/EUR/USD, or the equivalent in one of Markets.com’s supported local currencies. Minimum withdrawal amounts vary depending on payment method, ranging from 5 USD/EUR/GBP for Neteller and Skrill to 100 GBP/EUR/USD for wire transfers in all territories except the EU, where the minimum is 20 GBP/EUR/USD. Markets.com mandates that monies be deposited and withdrawn using the same payment method, in accordance with anti-money laundering and Know Your Customer best practices.
Conclusion on Markets.com
Markets.com is a reputable and reliable online trading platform that provides a wide range of trading instruments, exceptional customer service, and advanced trading tools to help traders succeed in the financial markets. The platform is well-regulated, and its parent company, Finalto, is a constituent of the FTSE 250 Index. The platform offers five different account types, each with its own features and benefits, and it supports multiple trading platforms, including its own proprietary platform, Web Trader, and MetaTrader 4 and 5.
Markets.com is an excellent choice for both beginner and experienced traders who are looking for a comprehensive trading platform with a wide range of trading instruments and competitive pricing. With over 2,200 tradable assets, low spreads, and high leverage options, the platform is a great option for those looking to trade forex, stocks, commodities, and cryptocurrencies. Additionally, the platform offers a wealth of educational resources and decision-making tools, making it an ideal platform for traders who are looking to improve their trading skills and strategies.
Overall, Markets.com is a trusted and well-established platform that provides a comprehensive and user-friendly trading experience for traders of all levels.
