The company Markets.com offering CFD instruments, including Forex and Cryptocurrencies was submitted to our inspection. In this extensive review, you can find out, whether it’s worth to trade with this broker or not.
Markets is one of the most recognised CFD brokers in the industry which operates since 2008. They are regulated by the Europen regulatory body CySEC and by the FSB in South Africa. Spreads are very competitive here and they start already from 2 pips on major currency pairs, there are no commissions. Real trading is possible from 100$, for practise trading you can use a free demo account.
Detailed information about Markets.com
- Our rating: (4.3 / 5) 2. Place in United States [geodigger-flag]
- Website: https://www.markets.com/
- Instruments: CFDs – Forex, Cryptocurrencies, Shares, Indices, Commodities
- Minimum deposit: 100 $
- Leverage: up to 1:300
- Demo account: Yes
- Methods of deposit and withdrawal: Credit/Debit cards, Paypal, Skrill, Neteller, Sofort, Giropay, iDEAL
- Mobile app: Yes, available on the App Store and on the Google Play
- Operator: Safecap Investments Limited. (Cyprus). Regulated by CySEC and FSB
Trading platform & Real X Demo account
Traders at Markets.com can trade either via the web-based platform or MT4. The web-based platform is integrated within the website, which means that clients do not have to download anything. You can add there any indicator or oscillator for your technical analysis and set it to your needs. There are over 2 000 trading instruments to choose from. The stop loss and the take profit tools are available as well. Just like most CFDs brokers offer a free demo account, so does Markets.com, so anyone can give a try to Markets.com without risking their own money. Trading with real money is possible from 100$.
Funding your account – Deposit and Withdrawal at Markets
Markets offers a wide range of possibilities how you can fund your account. Credit/Debit Cards are the most popular choice, they support Visa, Diners Club or Mastercard. Accepted is, however, also a traditional wire transfer and a fast wire transfer. Regarding digital wallets, clients can use Skrill, Neteller and Paypal. The broker also includes additional payment methods for traders from certain countries in order to allow them to use their local banking institutions. For Germany & Austria clients it is Sofort, for Germany Giropay and for Netherlands iDEAL. There are no deposit or withdrawal fees.
Spreads at Markets.com
A spread is a difference between the price you will pay for obtaining an asset and the price for which you will be able to sell it back. Spreads are at Markets.com very tight and they can be as low as 2 to 3 pips on major currency pairs. For minors, they differ significantly more, for popular minor forex pairs they can be as low as 3.00 pips EUR/GBP, 4.00 pips EUR/JPY. Currency pairs with significantly less trading volume which have, for example, GBP/NZD, USD/DKK, NZD/CAD can have a spread around 9 to 20 pips.
Bitcoin and the others – Cryptocurrency trading
The demand after cryptocurrencies is skyrocketing, Markets.com features the most popular cryptocurrencies on the platform. Clients can trade Bitcoin (vs USD and EUR), Bitcoin Cash, Dash (vs USD and EUR), Ethereum (vs USD and EUR), Ethereum classic, Litecoin (vs USD and EUR) and Ripple. Leverage for crypto trading is either 1:5 or 1:10, depending on the asset. Markets has one of the lowest spreads on cryptocurrencies in the crypto industry, they are lower even by a 3/4 than some competitors have.
The company Markets operates worldwide and they accept traders from almost all countries. Beside from English, they provide full support in the following languages: German, French, Italian, Arabic and Spanish. For any general inquiries, email: firstname.lastname@example.org can be used.
Live Webinars – Learn interesting facts about the market – It’s for free
Live webinars are prepared by the broker on a regular basis and anyone can attend them for free. The hottest topics which are now currently very often introduced are Bitcoin and cryptocurrency trading.
Is Markets.com a Scam? – Background check
Markets.com is owned and operated by Safecap Investments Limited., a subsidiary of Playtech PLC. which is traded on the London Stock Exchange’s Market under the symbol “PTEC” (a constituent of the FTSE 250 Index). Markets.com is in Europe overseen and regulated by the regulatory body CySEC and in South Africa by the FSB. The company is from 2014 an official partner of a well-recognized football club – Arsenal F.C. The web security is ensured by the SSL protocol which protects their servers from any unauthorized intrusions. Markets leaves an impression of being a solid, reliable broker with transparent and fair conditions. So no, we definitely do not consider Markets.com to be a scam.
When trading with real capital, your funds are at risk.
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