Markets.com is one of the leading brokerage firms that offer a seamless trading environment across multiple financial markets worldwide. Being an FTSE 250 listed company, the broker consistently endeavors to raise clients’ financial trading standards. Market.com’s user-friendly platforms give you unprecedented control to trade over 2000 products, such as forex, stocks, commodities, bonds, indexes, blends, ETFs, and cryptocurrencies. Flexible account types, low trading fees, multiple regulations, free demo account, and round-the-clock customer support make it a preferred choice for novice trading enthusiasts and seasoned professionals.
markets.com Main Features
|🪙 Number of Coins||22+|
|🔧 Margin Trading||Yes|
|🔧 CFD Trading||Yes|
|💰 Minimum Deposit||$100|
|💰 Zero Deposit Fees||YES|
|💰 Zero Withdrawal Fees||YES|
While considering the multiple benefits of signing up with the broker, you must carefully review the associated cons before making a final move. Have a look at some pros and cons of the broker below. A little explanation will help you understand them better.
Markets.com operates under the brand name of Safecap Investments Limited in Europe and holds regulations from the Cyprus Securities and Exchange Commission (CySEC) under licence no. 092/08. The company also has a permit to operate in South Africa under licence no. 43906. The Financial Sector Conduct Authority (FSCA) regulates it there.
Similarly, the entity operates under the brand name of Finalto Trading Limited in Australia and the UK under license numbers 424008 and 607305, respectively. The group serves the rest of the world through the BVI Financial Services Commission regulations under license no. SIBA/L/14/1067.
Moreover, financial reporting, client firm funds segregation, asset management, and other aspects of the company’s activities are all subject to stringent regulatory and compliance standards.
|Country(s)||European Union||United Kingdom||Australia||BVI|
|Supervisory Authorities||CySEC, FSC, GFSC*||FCA||ASIC||FSC|
|Complaints Authorities||Financial Ombudsman||Financial Ombudsman||Australian AFCA||BVI FSC|
The group has regional offices in several jurisdictions, including Cyprus, Australia, South Africa, the British Virgin Islands, and the United Kingdom.
The company accepts clients from almost all parts of the world, excluding a few jurisdictions like Japan, India, Pakistan, Iran, Turkey, North Korea, Belgium, Canada, and the USA. Given below table lists supported countries at Markets.com.
|Aland Islands||Algeria||Andorra||Angola||Antigua & Barbuda|
|Bhutan||Bosnia & Herzegovina||British Virgin Island||Brunei||Bulgaria|
|Cameroon||Cape Verde||Central African Republic||Chad||Chile|
|Cocos (Keeling) Islands||Colombia||Comoros||Congo – Brazzaville||Congo – Kinshasa|
|Cook Islands||Costa Rica||Croatia||Curacao||Cyprus|
|Czechia||Cote d’Ivoire||Denmark||Djibouti||Dominican Republic|
|Ecuador||Egypt||EI Salvador||Equatorial Guinea||Estonia|
|Eswatini||Faroe Islands||Finland||France||French Guiana|
|Hungary||Iceland||Indonesia||Ireland||Isle of Man|
|New Caledonia||Niger||Nigeria||North Macedonia||Norway|
|Oman||Palestine||Papua New Guinea||Paraguay||Peru|
|Reunion||San Marino||Saudi Arabia||Seychelles||Sierra Leone|
|Slovakia||Slovenia||Solomon Islands||South Africa||South Korea|
|Spain||St. Martin||St. Pierre & Miquelon||St. Vincent & Grenadines||Suriname|
|Svalbard & Jan Mayen||Sweden||Switzerland||Sao Tome & Principe||Tajikistan|
|Tonga||Turkmenistan||Tuvalu||Ukraine||United Arab Emirates|
|Wallis & Futuna||Western Sahara||Zambia|
Markets.com offers over 20 cryptocurrencies, in addition to allowing investors to diversify their portfolio in the mixed market (see other products). The broker provides up to 1:2 leverage for trading supported cryptos in most jurisdictions. With a 1:2 leverage, clients may trade $2 worth of crypto assets for each dollar deposited. The company supports the listed cryptocurrencies.
Please note that all these crypto-assets are available as CFDs. That means, instead of buying the entire asset, clients can speculate over their prices to make profits. Markets.com is one of the best CFD brokers around.
Let’s explain how CFD contracts work to help you understand them better.
A CFD is a contract (trade) between two parties willing to swap the difference of the market’s value of an underlying asset between the two dates i-e opening and closing. CFDs are usually available on equities, forex, cryptocurrencies, indices, bonds, commodities, etc.
CFDs are also known as financial derivatives. That is, the price you exchange is based on market value.
As an example, on Markets.com, the price of US crude oil CFDs derives from the underlying US crude oil futures contract (WTI).
CFD traders do not own the underlying asset. Instead, you purchase or sell contracts based on your forecast of market movement. Trading CFDs means you open a position that defines your market exposure to the value of the CFDs you desire to trade.
Trading any financial instrument, including CFDs, carries some inherent risks. Please review the information below to learn more about the possible risks involved with trading CFDs.
For example, CFDs involve market exposure for a fraction of the deal. This implies that you might potentially earn if the market swings in your favor. Also, if you don’t use risk management techniques properly, you might lose money.
Consider this example.
A CFD position of £1,000 @ 5% margin rate requires only £50 in margin.
Your original £100 bet will be a loss if the deal’s price goes against you by 10%. Because whether you bought £1,000 worth of tangible shares, money, or commodities, your market exposure remains the same. The market’s movements affect your capital more than if you bought the same number of shares.
Markets.com supports the following fiat currencies.
Since the company has a complex fee structure, It isn’t easy to evaluate Markets.com’s trading expenses. Markets.com employs floating spreads. That means they keep changing during the trading day depending on different factors such as market volatility and available liquidity. Overall, pricing seems a bit higher than most competitors available around.
Not to mention, spreads on the company’s own Web Trader platform are often narrower than on the company’s third-party trading platforms, such as MT4 and MT5, where the product variety isn’t as comprehensive.
When there is a currency translation disparity between the trading account’s base currency and the underlying asset’s quoted currency, the broker charges a conversion fee of 0.6%.
To compensate for the upcoming weekend, the broker also charges a triple fee every Wednesday on trading currency pairs and triple prices each Friday for trading the rest of the assets.
A $10 inactivity fee per month may also apply if a trading account remains inactive for more than 90 days.
In short, unless Markets.com releases average spread statistics for its variable spread products, we can’t compare it to other variable spread brokers. Even then, the overall trading and non-trading fees are likely to exceed the capacity of a budgeted client.
Markets.com offers a wide choice of platforms for both automatic and manual trading to all sorts of clients. Clients have access to the market using the web terminal and desktop platform or via the comfort of a mobile trading app.
Web Trader is quite simple to use. Markets.com has placed a strong emphasis on providing traders with a pleasant trading experience throughout the site. Module linking, for example, is enabled by default in addition to pre-defined screeners.
While the broker offers approximately 90 indicators for technical analysis, only four drawing tools are available on the MarketsX platform which could become a limiting factor for advanced-level analysis.
Markets.com also provides algorithmic traders with the world’s class MetaTrader4 (MT4) and MetaTrader5 (MT5). However, the cost is higher than its flagship platform.
Signing up for an account with Markets.com is pretty straightforward. Just follow the listed steps to get started. Not to mention, the broker employs cutting-edge technology besides equipping clients with multiple trading tools to let them trade their way.
1) Visit the official website of the broker at www.markets.com.
2) Click on the create an account button available on the top right corner of the homepage.
3) Fill in your details on the registration form and click the create account button. You can also use your existing Facebook, MAC or Gmail ID to sign up with the broker.
4)Select the country of your residence.
5) Enter your personal and financial information on the following few pages. You also need to indicate whether or not you are liable for tax purposes in the US.
6) Enter your mobile phone number
7) Read the terms and conditions and accept the investment service agreement.
8) Access the dashboard and start exploring the platform.
*Please note that although you can add funds to your account without ID verification, you need to complete the KYC process for funds withdrawals.
1) Sign in to the trading account using your login ID and password.
2) Click on the add funds button available next to the Markets.com monogram. You can also add funds to your account using the blue highlighted button captioned as “add funds”.
3) Select your preferred payment method from the list of available options, such as debit/credit cards, Neteller, PayPal, bank transfers, Skrill, Wire transfers, Open banking, etc.
4) For instance, if you wish to add funds using your debit or credit card, enter the amount you want to deposit and provide the card details, such as card number, expiry date, and three-digit pin code, from the backside of your card.
5) Authenticate the transaction details to transfer funds to your account.
6) Navigate to the crypto tab available on the bottom of the side navigation panel.
7) Select the desired tradable instrument, indicate your preferred trading amount, and click buy/sell to initiate a position.
Note: Markets.com doesn’t offer actual crypto assets. Therefore, you can only speculate on the price movements of an underlying asset to make profits.
Markets.com provides its unique mobile app for on-the-go users to complement the web-based platform. The Markets.com app is compatible with Android and iOS-based mobile phones and tablets.
The broker’s mobile app has nearly the same functions with a similar appearance as the flagship site. The broker’s research resources are now available in the mobile app’s trading tools section.
However, the lack of sketching tools and indications in the charting tools can significantly limit traders’ potential to perform solid technical analysis. Also, watch lists don’t sync between apps, yet another drawback of the mobile offering facility.
After downloading the mobile application from the respective GooglePlay Store or App Store, signing up with the broker takes a couple of minutes only.
1) Open the mobile app and click on the register button available on the top corner of the mobile screen.
2) Enter your email and password on the registration page.
3) Select your preferred currency for the account, accept the terms and conditions, and click create an account.
4) Select your country of residence and provide your citizenship details. Clients also need to indicate if they are reportable to US tax authorities.
5) Enter your financial and personal information on the following pages, such as your employment status, profession, annual income, savings and investments, potential investment, nature of trading, funding source, previous trading exposure, etc.
6) Enter your mobile phone number and click continue.
7) That’s it. You may sign in to your account and start placing trades.
Note: The broker is strictly compliant with ASIC and CySEC regulations. Clients need to verify their accounts as soon as possible to keep them active.
As mentioned earlier, the sleekly designed mobile trading interface is pretty simple to navigate. You can follow the given below steps to initiate your positions.
Markets.com supports multiple fiat currencies, including USD/EUR/GBP. Please note that funds transmitted for purchases must be in the user’s name. The company doesn’t accept third-party payments in compliance with the anti-money laundering policies prohibiting anonymous payment transfers. Although each payment method has certain limits, bank transfers have the highest transaction volume. The company accepts the following payment methods
|Company / PMs||Wire transfer|
|Local Bank transfer(s)|
Markets.com endeavors to educate clients by offering unequaled resources for learning multiple investments and trading skills. The company’s Knowledge Centre is a central point from which you may access trading and investment information in four ways.
XRay is a custom financial live-streaming service. Clients Get live and interactive decision-making news, expert perspectives, and analysis right in-platform.
These help beginners to access detailed guides to Trading Financial Markets.
Clients can read the latest market news and the company’s perspective. The broker covers everything from earnings reports to trade disputes to economic updates.
Clients can read analysis for the company’s financial experts’ lengthier, in-depth insights on the market’s key challenges affecting your trading.
Markets.com pays special attention to ensuring quick and efficient customer services. Aside from a 24/7 multilingual customer care crew, the platform’s comprehensive FAQs section also offers valuable resources for clients to seek a timely solution to their queries and concerns. Clients can also raise their problems with the company over email or telephone.
American social news, content rating, and conversation website Reddit is also one of the famous social networking platforms. Users add links, text, photos, videos, etc., to the site anticipating the public to provide their opinion and vote them up or down. We were also skeptical about Markets.com and wanted to know what people perceive of it as a financial intermediary.
Although people seem least interested share their experiences with the platform, we luckily found a few threads where users were cautioning people to remain careful while opening an account with Markets.com. Another member seemed to suggest people to start low and try it for themselves.
Quora is a popular social networking site where users interact and discuss their life experiences. It is one of the finest places to seek people’s feedback on public and private corporations. While searching for the information on Markets.com, we couldn’t find much except for a couple of threads where people wanted to know which is the best platform to trade crypto assets between the AvaTrade trading platform, and Markets.com. A quora member replied that it becomes hard for one to tell you exactly which platform suits you more since people have different trading preferences and financial goals.
A platform that works well for an experienced trader may prove no less than a nightmare for a beginner. It is best to compare both platforms’ features and services such as trading conditions, fees & commissions, spreads, customer service, and trading platforms. That’s how you may learn how these platforms work. He added further that for several accounts, he used Avatrade, though. Overall, we believe there should have been more threads discussing the broker since it is one of the old brokerage firms with a vast clientele base worldwide.
Markets.com is a brand name of Finalto owned by Playtech company listed on the London Stock Exchange (LSE). The broker has been in the industry for over a decade and holds regulations from multiple top-tier regulators, including ASIC, CySEC, and FCA. Besides keeping clients’ funds in segregated bank accounts, the company maintains sufficient funding to remain liquid. The company also holds registration with Financial Services Compensation Scheme.
Under registration with FSCS, Markets.com allows clients to claim their financial losses of up to £85,000 in the United Kingdom. On the other hand, the company also protects EU clients against a capital loss of up to €20,000 if the firm becomes insolvent. The company employs advanced security protocols, such as SSL web encryption and two-step authentication to protect clients financial and confidential data.
While it sometimes becomes difficult to compare two top-rated platforms, side-by-side comparison helps you know which platform offers value for your money more. Let’s quickly review some features of both Markets.com and eToro.
Markets.com is a multi-asset brokerage firm with user-friendly platforms and over 2,000 trading products. Between the brokers’ strict rules and accurate suggestions to clients, the company stands out for its multi-language support and website accessible in more than ten languages.
Being a reputed FTSE 250 broker with enhanced transparency, the broker keeps its trading cost pretty competitive and strives to meet individual clientele needs and allow them to connect via email or live chat at any time, five days a week.
While the broker ensures an in-depth briefing on its various products and services, most individuals agree that its onboarding training is unparalleled.
The eToro trading platform is a financial trading intermediary based in Israel. The company commenced business in 2007. It now has over 20 million registered members and is one of its most prominent social networks, having customers in more than 130 countries.
eToro has approximately 3,000 financial instruments to offer, including CFDs, FX, ETFs, and cryptocurrencies. Besides being a multi-asset broker, eToro allows you flexible trading options to choose whether to trade cryptocurrency via CFDs or actual coins (e.g. buy Bitcoin (BTC), buy Ethereum (ETH), buy Litecoin, etc.
Imitate trading is a popular feature on eToro, where traders may copy the trades of experienced investors and earn rewards for sharing their trading ideas. Trading actual cryptocurrency on eToro costs 0.75%, whereas converting fiat to cryptocurrency costs a whopping 5%. Meanwhile, eToro charges only 0.1 % for crypto-to-crypto transfers. EToro competes well with the average industry standard in terms of fee structure.
Conclusively, we believe eToro is more competent in terms of services and essential features since you can bargain for a bespoke product of your choosing, which is very advantageous to inexperienced traders.
Clients can use the company’s Investment Strategy Builder tool to build portfolios. The strategy tool enables users to filter their investments by index, sector, daily volume, and market cap. With the newly developed strategy builder tool, Markets.com puts you in charge of your long, medium, or even short-term investments. Also, the industry-leading platforms and tailored VIP services enable you to make the most of global marketplaces without needing intermediaries.
Markets.com strives to become the home of trading. Thus, it tends to remain more transparent. The execution statistics help you understand what might happen with your positions and develop your trust over the quoted prices.
Clients can buy and sell hundreds of stocks and create their portfolios using the company’s advanced data and analytics tools. All they need to do is open an account and enjoy three months of commission-free trading.
MarketsX offers unique stock and crypto Blends. These thematic stock baskets expose you to industry leaders, renowned investors, and even global events. Blends enable clients to trade global developments impact i-e US-China trade war on a single position. Moreover, clients can also use a single position to trade major sectors such as oil, US tech and eCommerce.
On the other hand, crypto blends allow you to invest in four major cryptocurrencies, including Bitcoin, Litecoin, Ethereum, and Ripple.
Markets.com strikes a good mix between simplicity and capability. While the broker’s research tools lag behind industry leaders, its spread cost seemed to have improved over time. However, the company remains an expensive option for those who prefer to trade using third-party platforms, such as MetaTrader4 and MetaTrader5. A user-friendly trading interface, multiple payment options, efficient customer support, and a robust regulatory framework are vital areas of the broker that make it stand out amongst its competitors
Yes, Markets.com is real. It’s a legitimate forex and CFD broker that is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Markets.com is a CFD and forex broker.
Yes, Market.com is a well-known and reputable online platform for CFDs and Forex
Yes, Markets COM is regulated by the FCA. The company is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
Markets.com is located in Miami, Florida, United States .
As with any brokerage, there are always risks involved in trading. However, Markets.com is a regulated broker, which means they are held to certain standards and requirements. Overall, we would say that Markets.com is a safe broker to use.
It’s actually pretty easy to trade on Markets.com. Just create an account and deposit some funds, then select the asset you want to trade and the amount you want to invest. Click “buy” or “sell” depending on whether you think the price will go up or down, and wait for the order to execute.
Yes, you can trade options on markets.com. Options are a type of derivative security that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specific price on or before a certain date.
The process of withdrawing money from markets com is actually quite simple. All you need to do is log in to your account, click on the “Withdraw” button, and then select the method by which you would like to receive your funds. Once you’ve selected your preferred withdrawal method, simply enter the amount of money that you wish to withdraw and click “Confirm.” That’s all there is to it!