- Minimum Deposit: $100
- Products (CFDs): Forex, Commodities, Shares, Indices, Crypto, ETFs, Bonds
79.1% of retail CFD accounts lose money
Markets.com is fully regulated in five major markets: (FCA) UK, (CySEC) Europe, (ASIC) Australia, (FSCA) South Africa and (FSC) Global. The platform is currently unable to serve customers in the USA, Canada, Japan, Singapore and Belgium. Markets.com is globally recognized for its excellent trading options and stable platform and won Best Forex Trading Platform and Best Forex Provider at the 2017 UK Forex Awards, as well as the Best Trading Platform 2020 at FX Scouts.
Markets.com lives up to its name by providing traders with a broad sweep of the financial markets in its extensive selection of tradable assets. Customers can choose from a wide veriety of assets, including currency pairs, precious metals, a wide selection of global shares, bonds, ETFs, cryptocurrencies and several innovative blends including a trade war blend and Warren Buffett blend. Markets.com has developed a proprietary, easy-to-use trading platform (Web Trader) and also supports MetaTrader 4 and 5. Exceptionally low spreads (starting from 0.6pips), leverage up to 1:300 (depending on jurisdiction) and powerful trading tools are some of the key features and benefits that traders can expect from Markets.com.
RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Markets.com Pros & Cons
Pros
Cons
Regulation
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Sector Conduct Authority (FSCA)
- Financial Conduct Authority (FCA)
- British Virgin Islands Financial Services Commission (BVI FSC)
- Australian Securities and Investments Commission (ASIC)
Markets.com Account Types
Features | Details |
---|---|
Account Currencies | USD, EUR, GBP, DKK, NOK, SEK, PLN, CZK, AUD, CHF ZAR |
Max. Leverage | 1:300 |
Minimum Deposit | 100 |
Spreads From | 0.6 pips |
Commission Per Trade | No |
Trading Instruments | 56 FX Pairs 22 Commodities 4 bonds 76 ETFs 294 Shares 25 Crypto CFDs Indices 30 |
Markets.com Pricing
The trading fees charged by Markets.com are almost exclusively in the form of variable spreads on each tradable asset. The platform charges zero commission on trades and there are no deposit or withdrawal fees (Other fees may apply). Markets.com also offers to reimburse customers for any bank charges or external transaction fees incurred for deposits if the amount exceeds $2500.
The minimum deposit required to open a trading account is 100 GBP/EUR/USD or the equivalent in one of the local currencies supported by Markets.com. Minimum withdrawal amounts differ by payment type, starting from 5 USD/EUR/GBP for Neteller and Skrill and reaching 100 GBP/EUR/USD for wire transfers in all regions except the EU where the minimum is 20 GBP/EUR/USD. Traders should note that Markets.com requires funds to be deposited and withdrawn using the same payment method, in line with anti-money laundering and Know Your Customer best practices.
Markets.com Reliability & Security
Markets.com is fully regulated in five major markets, including the top-tier FCA. It offers negative balance protection and has a solid background, but it has no banking license. Here is the Markets.com investor protection details:
Country of clients | Protection amount | Regulator | Legal entity |
---|---|---|---|
EEA | €20,000 | Cyprus Securities and Exchange Commission (CySEC) | Safecap Investments Ltd |
UK | £85,000 | Financial Conduct Authority (FCA) | Finalto Trading Limited |
Australia | No protection | Australian Securities and Investments Commission (ASIC) | Finalto (Australia) Pty Ltd |
South Africa | No protection | Financial Sector Conduct Authority (FSCA) | Finalto (South Africa) Pty Limited |
Rest of the world (Except unsupported country) | No protection | BVI Financial Services Commission (FSC) | Finalto (BVI) Ltd |
Final Thoughts About Markets.com
Many online brokers offer limited asset types and a number of hidden fees. Markets.com distinguishes itself by doing the opposite – with zero commissions, competitive spreads and a transparent pricing structure in addition to its large selection of tradable assets. The wide selection of trading jurisdictions adds an extra level of value to Markets.com’s offering.
From the easy setup process to the ease at which traders can access and get up to speed with the proprietary trading platform, Markets.com places convenience and user-experience of traders high on its list of priorities. A good selection of education, analysis tools and easy deposit and withdrawal terms complete the offering and make the use of Markets.com even more compelling.
Markets.com FAQs
Q: Is leverage of 1:300 available on all accounts?
A: Leverage limits vary across account types (retail/professional) and jurisdiction. Leverage of 1:300 available to all clients under FSCA (South Africa) and FSC ( Global). For retail clients under ASIC, FCA, and CySEC entities, the leverage is capped at a maximum of 1:30 in accordance with regulations. Maximum leverage 1:300 is available to clients under ASIC, CySEC, FCA those who qualify as a professional trader. This requires a portfolio value of €500,000 or more, four quarters of active trading, and relevant work experience in the financial sector.
Q: I would like to trade cryptocurrencies. Is this feature offered?
A: Markets.com offers access to 25 cryptocurrency CFDs subject to regulation. Crypto CFDs are not offered to UK residents or from the broker’s UK entity.
Q: Will my funds be secure with Markets.com?
A: When trading with an online broker it is essential to review their regulatory standards. Markets.com is regulated by five globally recognized financial authorities, including two that offer investor compensation schemes (CySEC and the FCA). All of the accounts offered by Markets.com also feature segregated accounts for client deposits.
Q: Does Markets.com offer mobile trading?
A: Yes. The proprietary Markets.com trading app is available for iOS and Android and facilitates trading on the go.
Q: How do I sign up for a Markets.com trading account?
A: Simply visit the Markets.com website and click on the “Create Account” box located near the top right of the page. It takes just a few minutes to register your account and demo accounts are also offered.