These are some of the most important trading features that you will encounter and should know about in detail when you begin trading with Markets.com.
Markets.com is a market maker broker. This means they take the prices they receive from the liquidity providers and use them to set their own prices. Although this technically makes them a counterpart to your trading, it does allow a good degree of flexibility on things such as trading cost.
The minimum trade you can make at Markets.com is 1 micro lot. This is also equal to 0.01 standard lots, or a cash value of $1,000. With leveraged trading you can also reduce this minimum amount substantially.
When it comes to trading techniques allowed at Markets.com, you will be pleased to know that both scalping and hedging are permitted. You can also utilize the MetaTrader EAs feature to copy or code your own trading strategies. The use of a VPS is not allowed at this time, though traders from the UK and Ireland can all engage in spread betting if they wish through the dedicated account type.
Risk management is of course vital for all traders to know and employ when engaged in any form of trading. Markets.com facilitates this risk management through the features offered on their trading platform as well as MT4 and MT5. These platforms allow for the setting of stop losses, take profits, and trailing stops to protect your active positions, as well as limit orders to control the entry position of new trades. The broker also utilizes margin calls which let you know when your equity reaches a certain point.
These are the hours during which markets are available to trade. When it comes to forex, this time is 24/5 on a Monday to Friday, the commodities market is much the same though they take a one hour break between days, and the crypto market is open for trading 24/7. Trading on indices and stocks follows the local hours of that market, and blends trading depends on the individual instrument.
The Markets.com leverage available will really depend on the country from which you are trading since they are regulated in various regions. With that said, the maximum available leverage in each area is 30:1 in the UK, EU, and Australia, according to the ESMA and ASIC regulations (an exception is made here for professional traders who can access 300:1 leverage). In South Africa, the maximum leverage available is 100:1, while in every country regulated by the BVI, this leverage can reach 300:1.
Platforms & Mobile
The available trading platforms and mediums are a vital aspect of any top forex broker. This is no different with Markets.com. Here is what they have to offer when it comes to trading platforms.
Charting and Trading tools
The charting tools and indicators who can access through the broker are many. These mainly come from the MetaTrader trading platforms which are very much renowned for being detailed in this respect. These, together with the Markets.com proprietary platform provide for a total of 51 charting indicators, and 31 drawing tools to assist you in creating the most detailed, customizable trading environment possible. You can further enhance this experience by utilizing the one click trading directly from the charts and opting to receive the price alerts that are available.
MT4 is well recognized as likely the best trading platform ever released. Even after many years, it still remains one of the most powerful and popular trading platforms of choice for most traders. It is secure and well-encrypted, lightweight, and highly customizable. While it may not be the most attractive of platforms, it is certainly highly functional, robust, and easy to understand.
The trading platform can run on almost any machine, has more than 50 charting tools and indicators available to create a completely customizable experience and also caters very well for auto trading through EAs. With Markets.com you can access MT4 on desktop, mobile, or tablet as well with iOS, Android, Windows, or Mac as well as running it in browser through the webtrader.
MT5 brings to the table all of the top-level functionality that you have with MT4. The only areas that are changed and enhanced here are that you will have access to even more indicators and more pending order types. The market depth charts and ordering capability are also enhanced to display as many as 21 total timeframes for the most detailed trading experience.
Again with MT5 and Markets.com, you can access it either through the webtrader or on mobile and it is compatible with both Windows and Mac computers as well as iOS and Android mobile and smart devices.
MarketsX Trading Platform
Markets.com also offer their own proprietary trading platform. This is the very user-friendly MarketsX trading platform that is available as a webtrader. This trading platform is very intuitive and has a range of similar features as you would find with both MT4 and MT5. The platform can be used as a multi-asset platform where you can trade a variety of markets. As an additional feature you can also utilize expert advice and analysis provided directly from the platform.
This platform is an excellent additional and alternative to the already positive platform offering from Markets.com.
Markets.com Mobile Platform
Markets.com in addition to having MetaTrader platforms available on mobile, also have their own mobile trading platform which provides yet another positive, user-friendly experience for traders. This includes a very fast execution, informative trade alerts, and the ability to manage your account on the move with ease including making deposits and withdrawals. Again it is a light option which is easy to run yet comprehensive in what it achieves and is available on mobile and smart devices through both Android and iOS.
More than 2200 assets in total. Common markets like forex, commodities, indices and stocks, plus less common markets such as Blends and Bonds.
Markets.com provides for trading in more than 65 currency pairs including major, minor, and exotic pairs. Here the spread starts from a minimum of 0.6 pips with no zero spread account available.
The broker offers more than 20 commodities for trading. This includes a variety of metals, energies, and agricultural commodities. The spread here starts from a very low 0.3 pips on gold.
When it comes to indices trading, there are more than 40 major markets available from all over the world. These include major indices from the US, UK, and around both Europe and Asia.
Excellent choice is provided in trading stocks at Markets.com. More than 2,000 shares are available from all kinds of companies on the US, UK, and EU stock markets.
There are more than 50 ETFs available to be traded at Markets.com. Again these are available starting at a very competitive spread.
A total of 6 cryptocurrencies are available for trading at Markets.com as CFDs. This selection includes Bitcoin futures, Ethereum, Ripple, and several other major crypto markets.
Four bonds are available for trading at Markets.com. This includes the UK, UK, and German bonds, and represents the great variety of markets available since bonds are not too commonly offered by many brokers.
There are more than 20 blends available for trading with Markets.com. A blend is something that closely resembles an ETF, but in an unofficial capacity. It is essentially a basket of assets that you invest in collectively. These blends are typically all stocks, and are put together by the broker.
Here are some additional products that you may come across when you get started trading at Markets.com.
Markets.com Strategy Builder
The Markets.com strategy builder is a very unique product which allows you to select for yourself the sector you wish to invest in that meets your needs. You can then choose a pre-built strategy based on your choices, or create your own. Here you can also ask the advice of the broker experts in crafting the best strategy to meet your needs. This product is available if you are trading stocks on a Marketsi account.
Social Trading – Copy Trading
When it comes to social or copy trading, these are not available through Markets.com. The only form of copy trading that you could engage in is to apply EAs in MetaTrader that you have taken from other traders in the wider community. This is permitted by the broker.