Markets is one of the most recognised CFD brokers in the industry which operates since 2008. They are regulated by Europen regulatory body CySEC and by 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$, for practise trading you can use a free demo account. Markets.com currently also offers 25$ Reward without a deposit for traders from certain countries (T&Cs apply).
Detailed information about Markets.com
- Our rating: (8.3 / 10) 2. Place in United States
- 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, MB Multibanco, Unet
- Mobile app: Yes, available in App Store and in 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. Stop loss and take profit tools are also of course included. 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 also wire transfer and fast wire transfer along with 3 digital wallets: Skrill, Neteller and Paypal. The broker also includes additional payment methods for traders from certain countries to allow them to use their local banking institutions. For Germany & Austria clients it is Sofort, for Germany Giropay, for Netherlands iDEAL, for Portugal MB Multibancoand, for Estonia Unet. There are no deposit or withdrawal fees.
Spreads at Markets.com
Spread is the difference between the price you will pay for an asset and the price for which you will be able to sell back to the broker. 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 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 has, for example, GBP/NZD, USD/DKK, NZD/CAD can have spread around 9 to 20 pips.
Bitcoin and the others – Cryptocurrency trading
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. com offers one of the lowest spreads on cryptocurrencies in the crypto industry, they are lower by 3/4 than some competitors have.
How to Get $25 Reward Without a Deposit at Markets.com
The broker offers $25 no deposit award for traders from certain countries. In order to get it, you need to follow these 3 easy steps:
- Sign up for an account here
- Complete your registration and get your $25 Award
- $25 will be added to your account and you will be able to start trading immediately.
Clients can take advantage of this offer only once per household or IP address or phone number. In the registration process, you have to answer few personal questions and they will require you to send them a copy of your identification document (So they could be sure, that this is the first time you are asking them to give you the $25 free reward). Their T&C apply for this award, I have checked them for this offer and they seem pretty fair.
Markets operates worldwide and they accept traders from almost all countries. Beside from English, they provide full support in following languages: German, French, Italian, Arabic, Polish, Greek, Danish, Norwegian, Russian, Spanish, Swedish, Czech and Suomi. For any general inquiries, email: email@example.com can be used.
Live Webinars – Learn interesting facts about the market – It’s for free
The broker also prepares live webinars which anyone can attend 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 regulatory body CySEC and in South Africa by FSB. The company is from 2014 an official partner of a very well recognised football club – Arsenal F.C. For the web security, they use SSL security to protect their servers from 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.