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markets.com review Broker Markets.com Review  
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min Deposit: $100
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Markets.com Review 2019 and Technical Opinions

by | Feb 15, 2019

When engaging in a search for the best forex broker, Markets.com is one which regularly features towards the top of any list. This is understandable due to its reputation in the industry as well as brand name which has been cultivated over recent years. Throughout this in-depth Markets.com review, we will examine the key points of the broker, how they fit your trading style, and if they are the correct forex broker to bring you on the next steps of your trading journey.

This Markets.com review will endeavor to capture all aspects of the company, and evaluate how they stack up against competitors in the forex broker industry. The ultimate goal of this review is to present the most rounded and objective conclusion possible for you, the trader.

PART 1 – Markets.com Legal Review – Company and Legal Information

The question of “is markets.com safe?” is one which expectedly pops up. This is a question which any trader or potential trader is quite entitled to ask prior to investing their money. The same question can and should routinely be asked of any forex broker or investment opportunity. The answer to that question, we are completely sure is a resounding, yes. This is something which we hope to assure all potential traders about in the following section.

Is Markets.com a scam? Is Markets.com reliable? Markets.com review and legal opinions

Founded in 2007 as GFC Markets, the company was rebranded as Markets.com and was acquired in 2015 by Playtech PLC. This parent company of Markets.com is listed on the stock exchange with a capitalization in the billions of dollars.

This, combined with the fact that Markets.com is regulated by one of the most respected global financial regulators in the form of CySEC for Europe, the FSCA for South Africa, and ASIC for Australia should lend a huge degree of trust from potential traders. Although other major brokers are often regulated in more regions, Markets.com is still a relatively young company in the industry, and these are nothing but positive indications in terms of user safety and transparency.

When I make a deposit to Markets.com, where does my money go?

As with any major broker, all markets.com deposits from users are placed into segregated accounts with top-tier financial institutions. This is as mandated, and fully compliant with the rules of the broker’s financial regulator, and ensures there is no outside access or tampering of user funds from inside or outside the company.

Is Markets.com regulated? Markets.com Regulations – Markets.com license opinions

Yes. Market.com is regulated by CySEC in Cyprus which covers operations in the European Union, the Financial Services Conduct Authority in South Africa, and ASIC in Australia. These are a very solid grounding in terms of regulation and oversight. CySEC is one of the most well-known and respected regulatory bodies, and the fact that it covers operations throughout the EU is a huge boost to the trustworthiness of any broker. Given the amount of time the broker has been in the industry, this is a respectable cross-section of regulators when added to the fact that the Markets.com parent company are publically traded on the London Stock Exchange.

How to check the Markets.com licenses

Markets.com trading licenses can be checked through the following links to the regulatory bodies which oversee their operations.

What type of broker is Markets.com? Markets.com technical opinions

Markets.com is a market maker, though they have recently started to move away from a market maker only model towards an inclusive STP model. This was in response to new CySEC regulations and similar to the movements of many other major brokers. Ultimately, this creates a better environment, and opportunity for traders who can likely benefit from much more competitive spreads. It is yet another example of the positive reputation markets.com holds in-terms of compliance.

How does Markets.com profit?

Through Markets.com, commission-free trading is offered, however the broker profits from a marginal increase in the spreads which it offers to traders. This is standard procedure throughout many brokers in the industry.

Where is the legal office of Markets.com?

Markets.com have legal offices in the following locations:

Europe
148 Strovolos Avenue,
2048, Strovolos,
Nicosia,
Cyprus

Australia
Level 32,
200 George Street,
Sydney NSW 2000,
Australia

Markets.com
markets.com review logo
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min. Deposit: $100
(76.6% of retail CFD accounts lose money)

 

  • Regulations: Safecap Investments Limited regulated by CySEC (092/08) and regulated by the FSCA (43906); Tradetech Markets (Australia) Pty Ltd licensed by ASIC (424008).
  • Type: Market Maker
  • Leverage: 1:300
  • Minimum Deposit: $ 100, € 100 or £ 100
  • Platforms: Web platform (web, Android and iOS mobiles and tablets)
  • Headquarters: Safecap Investments Limited is headquartered in Nicosia, Cyprus
  • US Customers: No
  • Other instruments: CFDs on metals, energies, indices, commodities, bonds, shares, ETFS, blends, cryptocurrency, IPOs

PART 2 – Markets.com Account Opening

What can you do with Markets.com? Markets.com features opinions

Markets.com offers a wealth of trading options to choose from. Their offering is one which competes with any of the major forex brokers in the sector. This catalogue of trade products includes 54 forex currency pairs, 35 indices, 39 ETFs, 8 commodities, 6 cryptocurrencies, and in excess of 2,000 stocks. In the cases of Markets.com cryptocurrency, stocks, indices, commodities, and ETFs, all of these trading products are offered as CFDs.

As mentioned, this wide-ranging collection of markets is more than a match for any of the industries major brokers, and the total number of CFDs offered by Markets.com significantly exceeds that of many other brokers.

Markets.com demo: how to open a free virtual account

Opening a Markets.com demo account is a simple and quick process. To get started, you simply need to input your email address and choose a password. This will then launch the Markets.com web-based trading platform. This platform will be funded with a virtual $10,000 to enable practice trading.

Markets.com Live: how to open a Live Markets.com account

Opening a Markets.com live account is similarly speedy and convenient, with only a couple of extra steps required in-terms of verification from the requirements of a demo account. These additional steps entail completing the detailed registration pages with regard to your personal information, tax status, and other matters. From there, you must upload a verified ID, and verified residency document to complete your registration and begin trading through a live account.

Markets.com Deposits and Withdrawals – All the options

Deposit Methods

The following deposit methods are all accepted for trading on Markets.com:

  • Visa/MasterCard
  • Bank Wire Transfer
  • Neteller
  • Skrill
  • Envoy
  • WorldPay

Markets.com does not charge a deposit fee through any of the methods. In addition, any external institution fee charged by your bank will be reimbursed by Markets.com for users depositing more than $2500. When it comes to a markets.com bonus, this may be as close as traders can get due to financial regulations.

Withdrawal Methods

The same withdrawal methods are made available to traders as deposit methods, with withdrawals being processed via the same method as deposits. The withdrawal minimums are low, between 10-20 USD/EUR/GBP, with the wire transfer minimum being set at 100 USD/EUR/GBP.

The broker charges no withdrawal fees other than those imposed by your financial institution. Markets.com withdrawal by VIP customers are eligible to have these outside fees reimbursed.

Our Markets.com withdrawal review has shown the broker to be both flexible and fast. The Markets.com withdrawal time from submission is usually with 24-48 hours based on user experience.

Markets.com minimum deposit

The Markets.com minimum deposit is 100 USD/EUR/GBP. This is standard for all account holders. It can be considered relatively high for a major broker in comparison to some other brokers in the industry.

Markets.com Bonus and Offers

Unfortunately, due to CySEC regulatory requirements, a Markets.com bonus is unavailable. The only semblance of a bonus which users can access is the reimbursement of banking fees incurred on deposits of more than $2500.

Markets.com
markets.com review logo
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min. Deposit: $100
(76.6% of retail CFD accounts lose money)

 

PART 3 – Markets.com Review – Accounts, Conditions, and Fees

Markets.com Account Types

Markets.com only offer one account type. That is the standard account, available to all traders. In-terms of availability, accounts are open to traders in most countries with a few exceptions. Those exceptions are the US, Canada, Australia, New Zealand, Hong Kong, Japan, South Korea, Turkey, Belgium, Russia, Brazil, and Israel.

Commissions, Fees, Spread and Market Trading Hours on Markets.com

When it comes to Markets.com commission, they offer fixed spreads on the majority of trading products. This ultimately ranges from 2.0 pips on major currency pairs, and an average of 0.35 pips on US-based stock CFDs.

Overall, some traders may find that the spreads offered by Markets.com are marginally higher than some other brokers. This is the case across some markets, however they are highly competitive on stock CFDs, and many of the spreads are offset by the fact that the platform has low overnight financing rate, no inactivity fees, and no deposit fees. These are fees which are often prominent through other brokers, and so, this low-level of non-trading fees, may appeal very much to new or experienced traders alike.

Markets.com Islamic Account

A Markets.com Islamic account is available for those traders who require it. This can be quickly enabled after making contact with Markets.com customer support team.

Markets.com Leverage – What it the highest leverage Markets.com offers?

The maximum available Markets.com leverage extends up to 1:300 (Outside Europe) on many major currency pairs. This leverage varies depending upon which trading products are being used. For example, cryptocurrency CFD leverage is 1:5.

Markets.com Cryptocurrencies

Markets.com Bitcoin and other cryptocurrency offerings are among the more extensive when it comes to trading brokers. They offer 6 of the most popular cryptocurrencies as CFDs. This includes, Bitcoin, Bitcoin Cash, Ethereum, Ripple, Litecoin, and Dash. Markets.com cryptocurrency markets offer leverage of between 1:1 and 1:5 depending on the market.

Markets.com CFDs

This Markets.com broker review has shown us that the company offer some of the most extensive options when it comes to CFDs trading. The broker offers CFDs trading on thousands of global stocks, indices, commodities, metals, ETFs, and currency. This offering is as extensive as any other major broker, and is one which has grown progressively over the years to be in a position to satisfy any type of trader.

Markets.com Privacy Policy

Markets.com enact a comprehensive privacy policy for the protection of all of their traders worldwide. More in-depth information regarding this policy and everything which it caters for, can be found from the company documentation, through clicking here.

Markets.com
markets.com review logo
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min. Deposit: $100
(76.6% of retail CFD accounts lose money)

 

PART 4 – Markets.com Trading Platforms Review

Markets.com trading platforms include both MT4 and MT5, as well as their own proprietary Markets.com trading platform which is web-based. The Markets.com MT4, and Markets.com MT5 platforms are well-known throughout the industry, and highly respected among many traders. Their third-party offering differs little from the top-quality trading platform which many traders already know of. For that reason, we will focus primarily on the functions and features provided by the Markets.com trading platform.

Markets.com Trading Platform Review

Firstly, from a visual perspective, the Markets.com web-trading platform looks fantastic. It is designed with HTML 5 which contributes to its visual, and user-friendly appearance. The layout of the platform itself is highly intuitive and resembles that of many other popular proprietary trading platforms.

Charts are positioned for display in the main central window, with the majority of controls coming from the left side taskbar where all of the markets and categories are displayed and easy to find. The easy to use search function is also available to quickly find and display any market.

From a technical perspective the platform also provides for more than 90 professional indicators to be added. This is as many as any other web-based trading platform in the industry. In the order-screen, everything is designed for speed and convenience. Market, limit, and stop-loss orders are available. The platform also allows traders to toggle between single and multi-chart layouts, providing maximum access to research and the Markets.com economic calendar as you trade.

Overall, it is a highly impressive, and intuitive platform which seems to have a small learning curve, ideal for new traders, and the ability to implement an extensive range of tools and analysis, meaning it will also be well received by more experienced traders.

Mobile Platforms

The Markets.com mobile trading platform continues in the same vein as the web-based version in terms of visual attractiveness and ease of use. Both of these facts are true, and the platform manages to offer the same easy to use search function and some access to research tools in the form of trader’s trends.

The platform allows for you to quickly and easily select your favorite markets through the search and favorite function, as well as having a fast ordering system to ensuring trading on the go is as easy as possible. As with many mobile trading platforms, it is difficult to encompass every aspect available online, and in this regard, the mobile platform lacks certain technical capabilities such as drawing tools and professional indicators.

Overall however, for a proprietary platform, the Markets.com mobile trading platform shows well and provides for all the basic needs of the modern trader.

Markets.com tutorial: Where to find the best Markets.com Guides

Markets.com does feature a range of educational resources and videos on their website. This includes webinars, and step-by-step video guides on how to get started with the broker and trading platform. If you are keen to learn more though, there are many outside sources offering the best in trading strategy and broker guides.

Markets.com
markets.com review logo
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min. Deposit: $100
(76.6% of retail CFD accounts lose money)

 

PART 5 – Support, Research and Educational Material

Markets.com Customer Support

Markets.com user reviews related to customer service have been excellent. The broker is contactable through phone, website powered live chat, and email. All of these support services are available in a number of languages. When tested, each method was quickly responsive with helpful answers.

These services are available on a 24/5 basis, with any unanswered questions followed up promptly when the markets have reopened for trading. By way of support, the broker also provides an extremely in-depth and informative FAQ section on their website. This may solve the queries of many traders without the need to call or further contact customer support.

Research

Markets.com research functions are excellent and constantly improving. The broker utilizes Trading Central to provide in-depth market analysis and charting. This includes trading signals and forecasted movements. As third-party research services go, trading central is among the most popular and insightful for traders.

The Broker also employs other precise research tools such as Traders Trends. This conveniently analyzes the market movements in any current moment and displays the current market sentiment to the nearest 1%. This live data could make all the difference when crunch trading decisions are made.

These features also combine with other tools such as Trending Now, and Market Consensus from TipRanks to ensure that Markets.com traders have access to the most up to date, and informative research possible, all complemented by the provision of live news headlines from investing.com.  

Educational Material

Markets.com has a range of methods available, aimed at enhancing the education and trading experience of its users. A focal point of this is the Webinars hosted by the broker. These usually take place twice a month and revolve around some key trading education elements.

Alongside this offering, the company provides a range of videos aimed at guiding both new and experienced users in their daily trading behavior and use of the Markets.com trading platform.

Markets.com Trading Academy

Although the broker does not have a specified training academy as such, they do provide a decent range of educational material to enable new traders to become involved in the sector, and enhance their knowledge in a positive fashion.

If you are seeking to grow your knowledge on Markets.com, other brokers, or any element of the forex trading industry, it can always be of fantastic additional help to explore other options. Investingoal has some of the most comprehensive and detailed broker reviews in the business, as well as providing insightful guide and strategies to all things forex, in a manner which you can easily understand. 

Markets.com
markets.com review logo
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min. Deposit: $100
(76.6% of retail CFD accounts lose money)

 

PART 6 – Final Thoughts and Opinions on Markets.com

Concluding our Markets.com broker review, we will offer our objective final opinions and comments related to how Markets.com broker has measured up against competitors, and the level of service and features they provide to traders.

It is our hope that this insight, in collaboration with the exhaustive Markets.com review which has been carried out, can assist traders, both new and experienced in making the next positive step in their trading journey, hopefully having learned a little about how to trade with Markets.com and armed with a little more information.

Markets.com review, Markets.com opinions and final comments

This broker has been active in the industry in some form for more than a decade. This is experience which can prove invaluable to traders. Markets.com has clearly utilized all of its years of experience to craft an offering which is desirable to traders. This is what has position the broker so highly in terms of user base.

Overall, the broker is well-regulated, trustworthy in its operation, and provides all of the expected and required tools from a trading perspective to create the best environment possible for its users. They have also recognized areas which have not been so strong in the past, such as research, and acted on improving these areas.

These are all positive signals which would suggest Markets.com will remain in its industry-leading position for years to come, and mark it as a broker which would be highly recommendable for anyone considering a change or even entering the forex trading market for the first time.

Why You Should Choose Markets.com

Choosing a forex broker is ever easily, but with Markets.com you have a broker which stands out for its industry reputation, regulation, transparency, and competitiveness in trading. These are some of the few reasons you could choose to open an account with Markets.com. They are continually evolving and growing, and with such benefits as the generous Markets.com leverage, strong research tools, proprietary trading platform, and non-charging of fees on both deposits and withdrawals, a considerable case can be established for any trader, new, or experienced, joining Markets.com.

Markets.com Reviews – PRO

  • com is well regulated by some of the most respected bodies in the financial world, and owned by a reputable parent company which is publically listed and recognized as being highly successful.
  • The broker offers an extremely diverse and extensive range of CFDs. These mean there will almost always be a trading instrument available to suit every type of trader.
  • Within these markets, the broker offers a highly competitive spread on stock CFDs in particular. This can be particularly attractive to traders who favor these markets.

Markets.com Reviews – CONS

  • There are unusually large spreads in forex pairs. This may not be suited to all traders, especially those of experience and higher volume.
  • Regulation of the platform is sufficient, however it is surprising they are not further regulated given their size and years of experience.
  • The educational offering of the platform, though increasing, could still be extended upon.
Markets.com
markets.com review logo
  • Regulated: CySEC, ASIC, FSCA
  • Platforms: Web Platforms
  • Min. Deposit: $100
(76.6% of retail CFD accounts lose money)