Company Overview
Markets.com was established in 2008 and is currently situated in Cyprus. The major impressive aspect of it being that it is one of the most popular foreign exchange and CFD brokers around offering wide possible sets of tradable instruments and innovative trading tools. It is a property of Finalto Limited, the subsidiary of Playtech PLC. It offers services to many clienteles and is listed on the London Stock Exchange, and this broker is accordingly considered a top-tier broker by the majority of authorities. It is known for user-friendly platforms, highly competitive spreads, an extended range of financial products, among others.
Pros and Cons
Pros
- Markets.com continues to offer a strong proprietary platform with a TradingView-powered charting interface, pro-level technical analysis and custom alerts
- CFD and spread-betting opportunities are available on multiple asset classes including forex, stocks, ETFs, bonds and indices
- Traders can access the MT4 and MT5 software, which offer dozens of technical tools and a huge online community for scripts, bots and custom tools
Cons
- Unlike some top competitors like XM, customer support is not available on the weekend
- The single retail account option doesn't offer traders any choice of trading conditions, or any additional perks for active trading
- There are no auto or copy trading terminals outside of the MetaTrader platforms, such as DupliTrade
Security
Among the multiple authorities that regulate the broker include the following:
- Cyprus Securities and Exchange Commission (CySEC).
- UK Financial Conduct Authority.
- Australian Securities and Investments Commission (ASIC).
- British Virgin Islands Financial Services Commission.
Client funds are segregated in separate accounts in top-tier banks, and there also exists negative balance protection to ensure that retail customers are not at risk of losing more than they have deposited.
Tradable Instruments
Markets.com provides consumers with access to multiple products:
- Currency pairs account for over 60; they include major, minor, and exotic pairs.
- Equities: Tradable CFDs in global equities, which are picked up from principal exchanges like NASDAQ and LSE.
- Indices: Examples of these are popular S&P 500, FTSE 100, and DAX.
- Commodities: It covers the chest of precious metals from gold to silver, including oil and agricultural products.
- Cryptocurrencies: CFDs on leading cryptocurrencies such as Bitcoin, Ethereum, Ripple, and more.
- ETFs and Bonds: Choose from diverse ETFs and government bonds.
Account Types
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 0.7 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
Fees and Commissions
The fee structure of Markets.com is very transparent.
- Trading Fees: Forex trading starts at 0.6 pips and there are no additional commissions on most account types.
- Non-Trading Fees: There is no cost for deposits, but withdrawal fees apply later in case the required procedure is utilized. Inactivity fee is due from 90 days after the last account activity.
Trading Platforms
| Available tools | Forex, Shares, Indices, Cryptocurrencies, Commodities, ETFs |
|---|---|
| Cryptocurrencies | ETH, BTC, LTC, BTC Cash, XRP, DASH |
| CFD | Stocks: 265 Forex: 54 Metals: 7 Energy: 4 Commodities: 6 Indices: 27 Cryptocurrency: 23 ETFs: 68 Bonds: 4 |
Markets.com allows access to its customized trading platforms.
- Marketsx: A proprietary platform with a mixture of fantastic features provides advanced analytics and charting tools. It has been enabled to provide users with the most relevant news feeds.
- MarketsI: A platform structured to facilitate investments in the context of data like ETFs and bond sales.
- MetaTrader 4 and MetaTrader 5: Standard thematic platform for all professional clients.
All can be accessed on web browsers, desktops, and mobile phones.
Customer Support
Multilingual customer support services are available from Markets.com.
- Live Chat: They are always ready to respond, especially via their website, where they have a 24/5 service currently.
- E-mail support: Responses can be provided in less than 24 hours from the reported incidence by clients.
- Phone support: It also provides a phone number by region dedicated to serving clients from around the globe specifically.
Account Opening
Accounts are opened as follows with Markets.com:
- Filling out an online application with personal details and financial information.
- Attachment of identification and proof of address documents.
- Depositing of funds via options available.
Deposits and Withdrawals
Markets.com has the widest payment and withdrawal options for users:
- Payment systems include Bank Transfers, credit/debit cards, Skrill, Neteller, and PayPal.
- Deposits occur immediately on most methods; withdrawal may take 1–3 business days.
- No charges will be imposed on deposits; withdrawal charges shall be dependent on the payment method.
FAQ
Is Markets.com a regulated broker?
Yes, CySEC, FCA, ASIC, and FSC regulate Markets.com and keep it internationally compliant.
What trading platforms are offered?
Markets.com has brought forth Marketsx, MarketsI, along with MetaTrader 4 and MetaTrader 5.
What is the minimum deposit needed to start an account?
For most account types, the required minimum deposit is $100.
What is the peak leverage offered?
Leverage goes as high as 1:30 for retail clients; however, professional customers can, depending upon the jurisdiction and asset class, gain access to greater leverage possibilities.