Markets Review



Legal Company Name TradeTech Markets (Australia) Pty Ltd
Website https://www.markets.com
Year Founded 2008
Offices Locations UK, Cyprus
Regulators FSCA No.43906, CySEC
Broker Type Market Maker
Minimum Deposit $100
Maximum Leverage 200:1
Minimum Spread 0.9 pips
Deposit & Withdrawal Bank wire, Visa/Mastercard, Skrill & Western Union, Neteller and many more
Currency Pairs 50+
Trading Platform MetaTrader 4, MetaTrader 5, Markets WebTrader, Mobile Apps
Web-based Platforms Yes
Mobile Apps Yes
8.5 Forex Malaysia
Pros
  • Leading Global broker
  • Full MT4 & MT5 support
  • Awards won for best Platform and Customer support
  • Regulated by the FCA & CySEC
Cons
  • Wide spreads on minor and exotic pairs
  • Wide spreads on minor and exotic pairs
Summary

Markets.com is a leading global brand in Forex trading online. Established in 2008, Markets.com has created a competitive market-maker product that is popular with traders and has won them International industry awards for their trading product and customer service.

With a competitive account offering and a recently-extended range of trading platforms supported, Markets.com continues to grow their client base past 5 million registered accounts.

Trading Conditions8
Platforms9
Regulation & Trust8
Deposit & Withdrawal9

Homepage at Markets.com

Regulation

Markets.com, a brand of TradeTech Markets (Australia) Pty Ltd,  is regulated by two major International regulators – the FCA of the United Kingdom since 2009 and CySEC of the European Union since 2008.  In addition, they are locally regulated in South Africa (FSCA).

Trading Conditions At Markets.com

Markets.com is a Market Maker broker, and thus charges traders using a two-quote system in the spread.

Forex Pairs at Markets.com

Account Types

Markets.com has three account options – a demo account, a live account, and a swap-free Islamic account.  All accounts include the same trading conditions, platform options and regulation of accounts.

Demo Account

Markets.com offers clients a demo account unlimited demo account, which offers traders access to the charts and analysis tools in simulated trading conditions using real-time market data.  This gives traders the opportunity to try out Markets.com before committing funds.

Live Accounts

A single live account option is available at Markets.com.  This single account includes access to all tools, Trading Central research area, and the education section.

Spreads and Commissions

Markets.com does not charge any commission on trades.  Instead, Markets.com charges traders for the service by offing a two-quote system of different buy and sell prices in the spread which can be as low as 2 pips on major pairs in times of high liquidity.

Analysis Tools

Markets.com offers traders a comprehensive trading section called Trading Central.  This area includes analysis and historical context for currency pairs and news events, giving traders most of what they need to make successful trades.

Trading Central Analysis at Markets.com

Bonus Conditions

Markets.com offers first deposit bonuses that increase depending on the amount of the deposit.

  • Deposit $500 and claim $100
  • Deposit $2500 and claim $500
  • Deposit $10000 and claim $1500

Trading Rebates

Traders will earn a rebate that is 5% of weekly spread, which over time can account for a significant real-money bonus in the account that can be withdrawn.

Cryptocurrency Trading

Markets.com does have cryptocurrency trading, but the cryptocurrencies are stand-alone, and not traded in pairs.  They are still CFD products, where the trader does not take ownership of the asset, but they are just traded as single currencies.

Trading Platform Choices

Markets.com offers a diverse offering of platforms.  In recent years, Markets.com has moved away from sole dependence on their own platform product and have started to offer the MetaTrader 4 & 5 suite of products to traders.  Copy-trading and Sirix platforms are available

Mobile Apps

Markets.com supports the full MetaTrader 4 & 5 suite of tools including the mobile applications.  These can either be downloaded independently from MetaQuotes or via Markets upon account creation.

Customer Service

Customer service is available by email and live chat 5 days a week, 24 hours a day.  There are no phone numbers available to contact customer service.

Deposits & Withdrawals

Fees

There are no fees charged by Markets.com for either making a deposit or requesting a withdrawal.  There can, however, be charges incurred related by your bank or credit card provider for the transfer.  As a VIP trader, Markets.com will reimburse these 3rd party fees as well.

Methods

Payment methods at Markets.com

Payments and withdrawals can be made by wire transfer, credit card, WebMoney and other local payment methods.  Note that your withdrawal needs to be returned via the same method as you funded the account.  This is to prevent tax fraud and money laundering.

Conclusion

Markets.com is a globally recognized Market Maker broker with over 5 million registered accounts.  The competitive trading conditions, the simplified account structure, and the bonus and rebate structures all work together to create a positive trading experience for the traders.  With the newly-supported MetaTrader 4 & 5 suites, Markets.com has taken a huge step forward in their platform choice, joining other leading brokers in the market.

How Markets.com Compares To Other Brokers

Markets.com Vs. AvaTrade

  Markets.com AvaTrade
Funding Bank wire, Visa/Mastercard, Skrill & Western Union, Neteller and many more Bank wire, Visa/Mastercard, Paypal
Regulated FSCA No.43906, CySEC FSCA No.45984, ASIC, FCA, BVI, FFAJ
Broker Type Market Maker Market Maker
Currency Pairs 50+ 50+
Minimum Spread 0.9 pips 0.7 pips
Minimum Deposit $100 $100
Max Leverage 200:1 400:1
Expert Review Read review Read review
Visit Website Visit Markets.com Visit AvaTrade

Markets.com Vs. XM

  Markets.com XM
Funding Bank wire, Visa/Mastercard, Skrill & Western Union, Neteller and many more Bank wire, Visa/Mastercard, Skrill , Neteller
Regulated FSCA No.43906, CySEC EU CySEC License No. 120/10, UK FCA Registration No.705428, ASIC No. 443670
Broker Type Market Maker Market Maker
Currency Pairs 50+ 55+
Minimum Spread 0.9 pips 0.0 pips
Minimum Deposit $100 $5
Max Leverage 200:1 500:1
Expert Review Read review Read review
Visit Website Visit Markets.com Visit XM

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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