Markets.com is an internatio...
Markets.com is an international CFD and Forex broker with physical offices in both Cyprus and several other countries. This broker has been operating in the forex and derivatives market since 2008 and serves its clients through two platforms, which focus on forex and CFDs and investments. In this Markets.com review, we will explain how this forex broker works and functions, so you can know for sure if it is the best one for you when trading forex and CFDs.
This forex broker is highly regulated, with authorization to operate on the market in the UK, EU, Australia, South Africa, and the British Virgin Islands. Therefore, it is officially regulated by some of the world’s leading financial authorities, such as BVI FSC, FCA, CySEC, ASIC, and FSCA.
However, regulations in some countries prevent this Forex broker from providing its services in those areas. These are some of the countries where citizens or residents cannot open accounts:
The money you deposit at this Forex broker to trade in the forex and derivatives market receives a high level of protection in your trading account while executing each operation. This Forex broker meets the operating requirements established by:
- UK Financial Services Authority (FSA)
- Cyprus Securities and Exchange Commission (CySEC)
- Australian Securities and Investments Commission of Australia (ASIC)
- Financial Sector Conduct Authority of South Africa (FSCA)
Its strategic regulation in different geographic regions allows traders from a large number of countries around the world to trade in the forex market 24 hours a day and can open an account regardless of where they are, whether in the Caribbean enjoying its beaches or in warm Europe enjoying its summers. In this Markets.com review, we will explain how to do this in detail.
Markets.com offers its clientele access to a comprehensive range of educational resources and advanced analysis and risk management tools to make trading seamless. The broker offers great customer support with 24/5 live chat, regional phone, and email support.
International forex broker Markets.com has worked hard in recent years to offer several state-of-the-art trading platforms that give its clients access not only to the forex market but also to a wide variety of financial instruments such as stocks, indices, crypto, ETFs, a multitude of currency pairs, raw materials and mixtures at the best possible price, both in the sale and purchase price.
The broker Markets.com has recently changed its commission structure, so prices are usually in the same range as its competitors. There are no commissions for trading Forex, but the broker makes its profits from the spread. The EUR/USD currency pair is charged at 0.7 pips for most accounts.
In addition, the Markets.com broker offers its clients a wide variety of educational resources and advanced analysis and risk management tools for smooth trading. The broker offers great customer service with 24/5 live chat, regional phone, and email support.
Thanks to their wonderful customer service, opening an account at Markets.com is easy and secure. The entire process is digital and its minimum initial deposit is low. To become one of the affiliates of this broker and be one of the real market participants, fill out this questionnaire.
They also offer a demo account which you can open by clicking here, so you can familiarize yourself with the broker before you start trading the markets.
Supported Countries
Markets.com is available in more than 100 countries, including Colombia, Denmark, Ecuador, Germany, Greece, the Netherlands, Oman, South Africa, Spain and the United Kingdom. Clients from this country have easy access to the trading instruments offered by the broker; all they have to do is follow the simple registration process on the forex broker’s website.
On the other hand, trading on markets.com is restricted in some countries due to legislative restrictions imposed by certain local laws. These countries include Belgium, Cuba, China, Canada, Cambodia, Japan, India, Philippines, Puerto Rico, Singapore, Taiwan, USA and Venezuela.
However, citizens of these countries can also trade in the market if they reside in other regions where the forex broker is licensed or use a VPN
Customer Service Rating
Markets.com has a 4.8 out of 5 stars rating from 1,009 people on Trustpilot. A further breakdown of these ratings revealed that 81% of these reviews rate markets.com a 5-star; such a high rating indicates the broker’s positive reputation amongst its growing clientele. Many positive reviews commend the broker’s user-friendly trading platform, advanced trading features, and availability in multiple languages.
Clients also applaud the broker for the availability of a wide range of tradable instruments on its platform. These instruments give traders many options to choose from. Clients also shared positive experiences with the broker’s customer support team, available 24/5 via live chat, phone, or email. Many clients described the broker’s customer support service as useful and prompt.
On the other hand, there were a few negative reviews. These reviews were occasional complaints about delayed withdrawals/deposits or account verification. Our market review deduced that the broker’s customer support quickly apologized and responded to these complaints.
It’s safe to say that the broker is currently working on improving its platform’s swiftness and offerings. Generally, market.com clients approve of the broker’s offering and services, and it is rated as a reliable and transparent broker.
Trading Platforms
Markets.com offers its clients multiple trading platform options that are compatible with almost any device. These platforms are:
Mobile App
markets.com has a customized mobile trading platform compatible with iOS and Android devices. The app has a sleek, easy-to-install design and a wide range of features, such as quick transaction execution, various risk management tools, informative trade alerts, and streaming analysis. These features make it possible to easily place trades and manage accounts while on the go. The app offers traders a positive and user-friendly trading experience without any glitches. Another bonus of this app is the free Demo account, which traders can utilize to practice, strategize, develop, and test new trading skills and methods.
WebTrader
This is markets.com’s proprietary web-based trading platform. The WebTrader platform is an excellent substitute for the renowned MetaTrader platforms since it is highly user-friendly and provides a variety of features available on other trading platforms. On this platform, traders have easy access to professional guidance and analysis. It is also possible for traders to trade several assets using this platform as a multi-asset platform.
MetaTrader 4
As one of the most widely used trading platforms offered by brokers in the financial industry, the well-known MetaTrader 4 platform is available on markets.com. This secure platform gives users access to many advanced features, including fully customizable charting tools, expert advisors, indicators, and automated trading capabilities. These features enable traders to save time by automating their trading techniques. This markets.com investing trade platform is available on Windows, iOS, and Android devices.
MetaTrader 5
The markets.com MT5 platform gives users access to sophisticated features such as in-depth market analysis, strategy backtesting, and improved trading techniques. With MT5, traders can access various asset classes like FX, equities, indices, commodities, and bonds. It is also important to note that the same functionalities on the MT4 platform are available on the MT5 platform with a bit of improvement. The order and show market depth charts have significantly improved on this platform, as it can display up to 21 total time frames. This and many other features make the markets.com MT5 a favorite among traders. The platform may be accessed on desktop and mobile devices, making round-the-clock trading possible.
Trading Denominations
Markets.com offers traders different base currencies. These currencies include AED, AUD, CZK, DKK, EUR, GBP, NOK, PLN, SEK, USD, and ZAR.
Forex trading with Markets.com
Market.com offers Forex trading in currency pairs like EURUSD at the best price with options to trade several other instruments including:
- ETFs
- CFDs on Indices
- CFDs on Bonds
- CFDs on Cryptocurrencies
- CFDs on Shares
- Mixed CFDs
Traders can safely trade more than 60 ETFs, including ChinaCSI300 and the ETFs give access to markets that are normally out of reach. Market.com also covers stock market sectors, commodities, and indices.
The leveraged ETFs provide multiples of the underlying assets being tracked that traders can trade by opening a position on a broad market trend using ETFs. This alternative provides savings by combining multiple operations into one, thus reducing commissions.
Company Structure
Markets.com has subsidiaries that act as local branches in several countries. Some of its subsidiaries are located in the United Kingdom and Australia. Each subsidiary provides financial support to clients in their respective regions, as dictated by the relevant financial authority in the country of operation.
The forex broker Markets.com has earned a notable reputation in the financial market and among central banks through its efforts to provide its clientele with a smooth and user-friendly trading experience. Among its efforts are its efficient trading desk, customer support team, marketing department, compliance department, and technology team.
The markets.com trading desk handles the execution of clients’ trades, offering a good price as both a bid and ask price, while the customer service team helps them with their queries and problems. The marketing department promotes the company’s brand and services, and the compliance department ensures that the company complies with regulatory requirements as if it were a bank.
The technology team manages the company’s trading platforms and ensures that they are stable, secure, and up-to-date to offer the best prices for all currencies, such as the European USD currency pair. All these departments work hand in hand to ensure that the broker remains the best-rated.
Licenses and Regulatory Compliance
Markets.com is a well-regulated broker and its services are not limited to markets.com broker Europe. The broker offers its trading services within the parameters of the financial regulations imposed on it by regulatory authorities in the different regions it operates. These regulatory authorities include:
- Australian Securities and Investments Commission (ASIC): The ASIC regulates the operations of markets.com, which is operated by Finalto (Australia) Pty Ltd in Australia. The company functions under license number 424008.
- British Virgin Islands Financial Services Commission (BVI FSC): With license number SIBA/L/14/1067, markets.com is operated by Finalto (BVI) Ltd under the regulations of BVI FSC.
- Cyprus Securities and Exchange Commission (CySEC): CySEC regulates the operations of markets.com, operated by Safecap Investments Limited. The company operates under license number 092/08.
- Financial Conduct Authority (FCA): FCA regulates the operations of markets.com, which is operated by Finalto Financial Services Ltd, with registration number 481853.
- Financial Sector Conduct Authority (FSCA): markets.com is operated by Finalto (South Africa) (Pty) Limited, which the FSCA regulates under license no. 46860.
European Union regulations require firms to report the number of retail accounts that lose money trading CFDs. In the EU, forex broker Markets.com does its trading through Safecap Investments Limited Equity and, according to CySec rules, reports that 79.1% of its retail accounts lose money trading its CFDs. This is better than the forex industry average, where about 80% lose money.
Customer Support
Markets.com provides excellent customer support available 24/5 in multiple languages. The markets.com forex bourse is available in Arabic, Spanish, French, German, Italian, and Greek. This multilingual service addresses clients’ questions or issues as promptly as possible. The customer service support team can be contacted via phone, email, or live chat.
markets.com’s support team comprises experienced professionals knowledgeable about the markets and the company’s trading platforms. Hence, they can provide prompt and helpful assistance with a range of issues, including account registration, deposit and withdrawal inquiries, and technical support on any of the broker’s trading platforms.
Markets.com Trading is known for updating its educational resources and tools for both beginners and experienced traders to improve their trading skills and knowledge.
Customer Protection
markets.com is particular about its clients, ensuring that their funds, investments, and personal data are secured. This markets.com review highlights the broker’s measures to ensure tight client protection including:
- Regulatory Compliance: Markets.com Broker Fx operates in different regions under strict regulations, which ensure that the company complies with the regulatory requirements of protecting its client’s funds and personal data.
- System Encryption: markets.com uses SSL encryption to protect clients’ personal and financial information from unauthorized access. This ensures that clients’ data remains confidential.
- Account Segregation: markets.com segregates its operating account from its clientele. This ensures that clients’ funds are secure if the broker faces insolvency.
Trading Information
Markets.com stands out from other brokers by offering financial instruments that brokers rarely offer in the financial industry. Beyond the usual financial market forex pairs, shares, and commodities, markets.com sites trading offers its clientele an array of blends and IPOs. Hence, the broker has an edge over its competitors. The broker also continues improving its trading offerings and resolving trading hitches quickly.
Leverage
Traders can leverage their positions with markets.com on assets. Our analysis of market.com price market broker revealed that the broker offers leverage of up to 1:30 on Forex and commodities, 1:2 on cryptocurrencies, and 1:19 on indices.
For bonds, shares, and blends, leverage is up to 1:5. This wide range of leverage options allows traders to capitalize on market movements without risking too much capital.
Referral and Bonuses
Market.com offers loyalty and referral programs to incentivize traders on their platform. Without a doubt, every trader wants to obtain the greatest possible amount of privileges from a forex broker. It is one of the factors that a trader considers when opening an account with a forex broker.
Forex bonuses provide additional funds per deposit and other pleasant surprises such as a discount on a forex pair. Markets.com offers great Forex bonuses that give the trader additional capital to trade.
Here are some benefits you can enjoy with Market.com
- Referral Bonus: Refer your friend and get a bonus of up to $1000. The amount you get depends on the deposit tier the referred trader open. Take advantage of the referral bonus.
Deposits and Withdrawals
There are different funding options available to traders on Markets.com. This markets.com review discovered that the minimum deposit required to open the standard account is $100.
While no fee is charged on deposits or withdrawals, the broker may charge a conversion fee of 0.3% on markets.com trade where the underlying asset currency differs from the trading account currency.
Deposits
Payment Methods |
Processing Time |
Credit/Debit cards |
Approximately 24 hours |
Wire/Bank Transfers |
1 – 2 business days |
e-Wallets |
Approximately 24 hours |
PayPal (only for EU) |
— |
Cryptocurrencies |
Coming soon |
Withdrawals
Payment Methods |
Processing Time |
Credit/Debit cards |
2 – 7 business days |
Wire/Bank Transfers |
2 – 5 business days |
e-Wallets |
Up to 24 hours |
PayPal (EU only) |
— |
Cryptocurrencies |
Coming soon |
Trading Education and Training
markets.com is committed to providing traders with the necessary tools and resources to help them succeed in their trading journey. Hence, it offers a wide range of training and educational resources to help traders of all levels improve their trading skills and knowledge. The broker has a comprehensive education center with various materials on different trading topics.
A demo account, tutorial videos, and regular webinars are available to help markets.com traders learn more about the Forex market and other financial markets. The videos are available on their YouTube channel and the platform.
The broker goes further in arming its clients for the reality of the trading environment with a video analysis series known as X-ray. This series provides expert market analysis and trading signals to traders. Most videos are between 15 minutes and an hour long. Videos on trend signals are about an hour long, while those offering trading advice, whether on currency pairs indices or stocks, are shorter and easier to review when you take a break. You can see them whenever you want and as many times as you want.
This free, instructive information for Markets.com traders is a good and interesting experience. If you are also thinking about investing in stocks, only basic news is provided. They also stick to basic information about the companies, so you won’t get much information about what may be happening at the time that could influence price changes.
Aside from the markets.com demo account designed for novice traders to gain hands-on experience, the broker provides a range of trading platforms and tools to help traders stay up-to-date with market trends and make informed trading decisions. These tools are easy to understand, and their timely signals increase trading profits and minimize losses.
Conclusion
markets.com is a regulated and reliable online broker offering diverse trading instruments, competitive trading conditions, and excellent customer support. The broker also affords its clientele valuable education and training resources.
Additionally, Markets.com makes it easy for traders to deposit and withdraw their money. There are no additional fees or commissions charged for any of these transactions.
You can fund your account or withdraw through various methods, including debit cards, credit cards, transfers to your bank, and e-wallets. Unfortunately, there is no clear fee report available when it comes to swap charges.
If you are using the app, you will have three types of orders available. These are market orders, limit orders and stop orders. However, the Trailing stop order is not offered.
Many traders like to have access to research and tools and Markets.com provides interactive charts and ideas to help with every trade. Furthermore, It is easy to open a trading account and if you like to trade CFDs or Forex, you can choose currency pairs and instruments that complement your Forex strategy.
Although it is important to note that this broker charges an inactivity fee, this is important to note if you don’t trade frequently. If you are new to Forex trading or want to see how the platform works before depositing real money, you will find its demo account useful.
Overall, Markets.com has many of the features that Forex traders look for in a forex broker. In operation since 2008, they are regulated by top-tier authorities and offer investor protection in some jurisdictions. You will have a wide variety of products to choose from, including ETFs and all popular Forex pairs such as the European USD currency pair.
This market.com review assures you that with flexible leverage options, tight spreads, and the ability to trade CFDs on pre-IPO companies, markets.com is suitable for traders of all levels.
In conclusion, the broker’s commitment to providing a secure and innovative trading environment and its comprehensive range of services and tools makes it an excellent choice for traders looking to succeed in the financial markets.