Markets.com is a highly regulated and safe Forex and CFD brokerage, enjoying authorization in five jurisdictions including two “tier 1” regulatory regimes (the U.K. and the E.U. through CySEC, plus Australia, South Africa, and the British Virgin Islands).
It offers clients the ability to both trade and invest while providing a very wide range of assets, allowing for the implementation of diversification and trend following strategies as a retail platform.
Its platforms and technology are attractive, well-designed, and easy to use.
Trading fees vary but have become competitive after markets.com reviewed and changed its pricing structure. Combined spread and commission on the benchmark EUR/USD currency pair is typically charged at approximately 0.7 pips even for retail account holders, which compares favorably to the industry average.
Under European Union regulation, markets.com reports that 72.1% of its retail investor accounts lose money when trading its CFDs. This is substantially lower than the average statistic reported by brokers, which is close to 80%.
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Regulation and Security
Markets.com must score a top ranking in any fair and serious assessment of its regulatory and security regimes.
The broker is fully regulated in the U.K. by the Financial Conduct Authority (FCA). This is difficult to achieve. The U.K. is widely seen by industry analysts as having arguably the most challenging regulatory regime in the world. Deposits at the UK entity are protected under the Financial Services Compensation Scheme (FSCS), up to £85,000, in the unlikely event of default.
Markets.com is also regulated in the E.U. through the Cyprus Securities and Exchange Commission (CySEC) which can protect deposits up to €20,000, and in Australia by the Australian Securities and Investments Commission (ASIC). These tend to be regarded as top-tier regulators.
Markets.com is also regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in the B.V.I.
Depositors resident in the U.K., the E.U., Australia, or South Africa will be allocated the branches regulated by their home regulators. Residents of other countries will be accommodated by markets.com’s branch in the B.V.I.
Markets.com is wholly owned by a subsidiary of a publicly quoted company on the British FTSE 250, Playtech PLSC (LSE: PTEC). This should give depositors an additional sense of security as such a publicly quoted owner is required to be tightly regulated and highly transparent and cannot afford the reputational damage which could arise from any potential malfeasance from its wholly owned broker.
Regulatory License Details
Markets.com is operated by Finalto (BVI) Limited, which is regulated by the B.V.I Financial Services Commission (“FSC”) under licence number SIBA/L/14/1067.
Markets.com, operated by Safecap Investments Limited (“Safecap”) Regulated by CySEC under licence no. 092/08 and FSCA under licence no. 43906.
Finalto (Australia) Pty Ltd is an Australian based company (ACN 158 641 064) regulated by the Australian Securities and Investments Commission (“ASIC”) under license no.424008.
Finalto Trading Ltd is authorised and regulated by the Financial Conduct Authority (FCA), registration number 607305. Finalto Trading Limited is incorporated in England and Wales under company number 08663212 and whose registered address is at 11th Floor Broadgate Tower, 20 Primrose Street, London, England, EC2A 2EW.Back to Top
Marketsx and Marketsi are the two in-house trading platforms offered by markets.com. Marketsx is aimed at servicing Forex and CFD traders, while Marketsi is an investment platform oriented towards longer-term speculation.
Marketsx and Marketsi offer especially competitive fees for Forex traders, while its offering on Commodity and Index CFDs is somewhat more expensive.
As a broker which basically utilizes a market-making model, markets.com generates part of its revenue from spreads and commissions charged on trades, overnight financing fees, and an inactivity fee. Markets.com fees can differ by account and asset types, so it makes sense to look at the overall fee offering by category, focusing on the three most popular asset classes offered: Forex, Commodity CFDs, and Index CFDs.
Regardless of account type, clients of markets.com typically pay a spread of 0.7 pips on the benchmark EUR/USD currency pair.
Overnight fees charged or paid on open Forex positions are typically slightly higher than the industry average.
Taking the popular Gold CFD as an example, retail account holders typically pay a spread of $1.40, while Marketsx clients typically pay about $0.50 which is far more competitive. This is a great example of how depositing at least $250 for a Marketsx account instead of $100 for a retail markets.com account secures you a far better deal on trading fees.
Taking the popular S&P 500 Index CFD as an example, retail account holders typically pay a spread of 4 points, while Marketsx clients typically pay only 1 point which is far more competitive.
This and the Gold CFD example detailed above are great examples of how depositing at least $250 for a Marketsx account instead of $100 for a retail markets.com account secures you a far better deal on trading fees.
Share Dealing Fees
Dealing in individual shares is available through the Marketsi Share Dealing Platform which is only offered through the CySEC regulated Safecap Investments. New clients are offered an attractive deal of no commissions on transactions involving individual stocks and shares for three months, and then a flat across the board percentage commission applies.
All markets.com accounts impose an inactivity fee of $10 monthly which is incurred after 90 days of trading inactivity. Such fees are relatively common in the industry and where they are charged, a monthly inactivity fee of $10 is competitive. However, some brokers impose no inactivity fee. This won’t be a problem for the vast majority of traders, even for those who trade relatively infrequently.
Overnight Financing / Swap Fees
Overnight fees charged or paid on open Forex positions over the New York close are typically slightly higher than the industry average.
MT4/MT5 traders can easily access swap rates from their platform by following these steps:
1. Right-click on the desired symbol in the Market Watch window and select Symbols.
2. Select the desired currency and then click on Properties located on the right side.
3. Scroll down until you see Swap Long and Swap Short.
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What Can I Trade
Traders with markets.com or Marketsx have an excellent selection of over 2,200 assets across eight classes. Forex traders have an adequate choice with 67 currency pairs, complemented by 25 cryptocurrency pairings. Cross-asset diversification is enabled through a selection of 28 commodities, while 2,027 individual equity CFDs comprise the bulk of the offering. Magnifying trading opportunities are 40 Index CFDs, 60 ETFs, and 23 Blends. Four bond CFDs appear to be more for marketing purposes than proper exposure, although the 10-year U.S. Treasury is there. Overall, the asset selection is excellent for retail traders as well as asset managers.
Marketsi offers trading in over 7,000 individual publicly quoted stocks and shares traded on 16 different global stock exchanges.
Markets.com offers traders over 2,200 assets across eight sectors, representing outstanding trading potential. This unusually wide menu must be counted as one of outstanding strengths of this broker’s offering.
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Markets.com offers CFD accounts under the Marketsx brand, and share dealing is available through Marketsi. The minimum deposit for either is $250 or the currency equivalent. Traders may opt for the retail markets.com account which requires a minimum deposit of only $100 or equivalent, but the fee offering there is far less competitive.
U.K. and Republic of Ireland residents may open their CFD trading accounts as spread-betting accounts, which can allow considerably more favorable tax treatment for profitable traders who are resident in these jurisdictions.
Markets.com will automatically assign E.U. residents to its Cyprus branch, U.K. residents to its U.K. branch, residents of South Africa to its South Africa branch, and residents of Australia to its Australian branch. Residents of other countries will be accommodated through the B.V.I. branch which is now the only channel allowed to offer maximum leverage as high as 1:200 following ASIC’s reduction of maximum allowable leverage on Forex currency pairs from 1:300 to 1:30, in line with current E.U. regulation. Markets.com has shown some flexibility in allowing some clients resident outside Australia to open an account through its Australian branch, although this is likely to be in far less demand due to the change in leverage regulation.
Marketsx is ideally suited for traders, and Marketsi is the appropriate choice for investors.
Scalpers must note that markets.com reserves the right to reject traders who scalp on a regular basis.
Marketsx provides traders with CFD trading.
Markets is the appropriate choice for investors.
Professional accounts at the CySEC entity are allowed much higher maximum leverage than retail accounts.
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Markets.com offers a selection of four trading platforms: the industry standards MetaTrader 4 and MetaTrader 5, plus customized trading platform for Marketsx and Marketsi.
MetaTrader 4 Platform
The retail favorite MT4 trading platform fully supports automated trading solutions, but only the most basic version is provided. As such, it lacks essential trading features and represents a sub-standard choice unless traders have existing solutions developed on the MT4 infrastructure. Thousands of add-ons are available free of charge, but those required to unlock the full potential of the platform come at a cost.
MetaTrader 5 Platform
The retail MT5 trading platform is also available and may be a better alternative for some traders who want its selection of more powerful features which compare favorably to MetaTrader 4.
Marketsx and Marketsi Platforms
Both platforms feature items listed under Trading Tools, which consist of Bloggers Opinions, Hedge Funds Investment Confidence, Insider Trades, Trading Analyst Recommendations, Trends In Trading, Acuity News Alerts, Acuity News Trading Sentiment, Signals, Related Instruments, Advanced Charting, Financial Commentary, Advanced Alerts, Thomson Reuters Stock Report and Dow Jones News on Marketsx. They each offer both manual traders and investors a comprehensive set of tools to make better, more informed decisions and indicates a genuine service by Markets.com to improve the trading results of committed traders.
The Marketsx platform is equipped with 14 trading tools, enabling manual traders to analyze assets fully.
Marketsi features the same tools.
Markets.com offers traders 14 trading tools consisting of sentiment, technical, and fundamental add-ons.
The MT4 platform fully supports automated trading solutions, though only the basic version is offered.
Mobile Trading Apps
Markets.com offers all clients a customized in-house mobile trading app compatible with all android or IoS operating systems, as well as the well-known MetaTrader 4 mobile app which can be used by clients who are trading through that platform.
The markets.com mobile app allows for placing trade orders and managing open trades and alerts – easily enough to avoid missing out on an important market movement while away from your desk.
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A strategy builder is available for investors at Marketsi, intended to assist in the analytics process. Offering unique tools to enhance the trading outcome is always commendable; however, with the limited information available, it remains unclear how this strategy builder tool truly works. Another positive at Markets.com is the execution statistic. In 2019, over 86% of orders had zero or positive slippage; that is indicative of a well-managed and transparent operation.
Marketsi offers an investment strategy builder.
The trade execution at Markets.com is noteworthy.
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Research and Education
By the standards of a retail Forex / CFD brokerage, markets.com offers great research.
The 14 trading tools provided by Markets.com generate the bulk of research offered. The Knowledge Center consists of XRay, News, Analysis, and Webinars. XRay, which is available from inside the proprietary trading platforms, is this broker’s live-stream, offering daily analytics and discussion of market-related developments. The News section is populated with fresh content, primarily a discussion of breaking news and their impact on assets; it is offered to traders in a well-presented manner.
Traders determined to acquire in-house education may be disappointed by the educational offering here, but this resource can be found for free at many alternative venues, so it should never be a deal-breaker for aspiring traders.
XRay is a live-streaming service maintained by Markets.com.
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Markets.com provides the kind of effective customer support you would expect from a well-managed Forex / CFD brokerage.
Customer support is available 24/5 and primarily provided via phone support or live chat. A web form also allows queries to be submitted, while the FAQ section attempts to answer the most common questions. Markets.com also features a Fraud Watch to inform and alert traders of fake websites and spoof e-mails. A dedicated complaints section is also maintained.
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Bonuses and Promotions
Markets.com offers neither bonuses nor any special promotions. This should not be a deterrent to any serious trader who reads the small print of such offering, which typically reveals very questionable benefit from most such schemes.Back to Top
Opening an Account
Opening an account with markets.com should be expected to be a simple and speedy process.
New accounts are processed via an online application, following established industry standards. Markets.com merely requires an e-mail and password to complete the initial step. Traders are also able to select their account currency, and this broker allows completion of this process by using Google, Facebook, or Apple accounts. Account verification is mandatory as stipulated by regulatory requirements to comply with AML/KYC rules. A copy of the trader’s ID and one proof of residency document usually satisfies this final step. Given the exemplary regulatory track record of Markets.com, traders may fully trust this broker with personal documents and deposits.
The first step of the account opening process simply requires an e-mail address and password.
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Deposits and Withdrawals
Available deposit and withdrawal options consist of bank wires, credit cards,debit cards (deposit only), Neteller, Skrill, PayPal, Fast Bank Transfers, Sofort, and iDeal. The minimum deposit is $100 or equivalent ($250 for marketsx and marketsi), and the minimum amount required for withdrawals is dependent upon the payment option but generally range between $5 and $100. Markets.com does not levy any additional fees on withdrawals, but third-party charges may be applicable. Processing times are not stipulated, but have been reported as fast and competitive. In compliance with AML regulations, the name on the trading account must be identical to that of the payment processor.
Supported withdrawal and deposit methods should be suitable for nearly all traders.
The Minimum withdrawal and deposit amounts are also dependent upon the payment processor.
All deposits and withdrawals must be made in minimum tranches of at least 100 USD / EUR / GBP depending upon the denominated currency, except:
- From markets.com UK, Skrill/Neteller, local bank transfers, Ideal and Sofort are not subject to minimums, where they are available as payment methods.
- From markets.com Australia or B.V.I., local bank transfers, Ideal and Sofort are not subject to minimums, where they are available as payment methods.
Markets.com Minimum Deposit
The minimum deposit at Markets.com is $250 or a currency equivalent in the other eight support currencies for Marketsx and Marketsi, the two sub-divisions of this broker. Traders using neither Marketsx nor Marketsi may open a retail account with a minimum deposit of $100.
Marketsx caters to traders via CFDs and Marketsi to investors via direct share dealing.
Markets.com accepts deposits in the US Dollar, the Euro, the British Pound, the Danish Krone, the Norwegian Krone, the Swedish Krona, the Polish Zloty, the Czech Koruna, and the United Emirates Dirham.
While a minimum deposit of $250 may discourage many potential clients in emerging economies, $250 is not enough to trade a well-diversified portfolio, although it can be OK for more narrowly focused and successful traders.
It is essential to understand that the earnings potential of a portfolio depends on its balance. Many traders rely on a single deposit, treating their portfolio like a betting account, which remains one of the gravest mistakes a serious trader can make.
Traders should consider the products and services this broker provides before dismissing the $250 Markets.com minimum deposit as excessive. The fourteen trading tools are well worth the above-average minimum deposit requirement. Many brokers ask for $100 but fail to deliver a competitive trading environment, placing Markets.com in a superior competitive position. With the excellent product and services portfolio, which includes the cost structure, traders can earn more per transaction, justifying the $250 minimum deposit. The only disadvantage is the reduced ability for many retail traders to deploy a sustainable deposit strategy to build their portfolio. Since the supported payment options include online payment processors where the minimum deposit is often as low as $1, Markets.com should consider lowering follow-on deposits. Traders may reach out to customer support and discuss this, as many brokers are flexible with committed clients.
Markets.com Withdrawal Review
The minimum withdrawal depends on the payment processor but mostly comes in at $100 / €100 / £100.
While Markets.com does not levy internal withdrawal fees, third-party charges apply. Bank wires remain the most expensive method, and traders should avoid them. Currency conversion costs exist should the account base currency differ from that of the payment processor. Traders should carefully consider in which currency they wish their Markets.com account. Despite the low minimum withdrawal amounts for most payment options, traders should develop a withdrawal schedule and refrain from micro-transactions. Each deduction impacts the margin environment, and appropriate adjustments must follow. It is best to limit withdrawals to just one or two per year, and only after the portfolio supports the desired revenue generation. It remains easier to withdraw $100 than to add the necessary capital to boost earnings by $100, a fact most retail traders ignore.
Processing times remain efficient at Markets.com. The fastest method remains e-Wallets like Skrill, Neteller, and PayPal, where the processing time is instant and up to 24 hours. Credit and debit cards may take between two to seven business days, while bank wires take between two and five business days. Per anti-money laundering (AML) regulations, the name on the Markets.com account and the payment processor must be identical. Markets.com may require additional information before processing a withdrawal request. Should clients not receive their funds within the specified period, the Markets.com support team can assist, which is available 24/5. The overall withdrawal process remains in line with well-established industry standards.
Pros and Cons
- Very Wide Choice of Assets
- Choice of Trading Platforms
- Excellent Customer Support
- Commodities and Indices Fees Higher than Forex Fees
Markets.com was picked by our experts as one of our Best Forex Brokers with a high score for beginners, trust and ease of use.Back to Top
- Broker's Name : Markets.com
- Headquarters : South Africa
- Regulation : FCA, ASIC, FSC, FSCA
- Type of Broker : Market Maker
- U.S. Clients Allowed :
- Minimum Deposit : $100 for Retail $250 for other account types
- Maximum Leverage : 1:200
- Commissions / Spreads : Both
- Account 1 : Retail
- Account 4 : Professional
- Demo Account :
- Islamic Account :
- Segregated Account :
- Managed Accounts :
- Deposit Options :
- Withdrawal Options :
- ETFs :
- CFDs :
- Commodities :
- Metals :
- Stocks :
- Oil :
- Gold :
- Binary Options :
- Indices :
- Platform Languages :
- Platform Languages :
- OS Compatibility :
- Trading Signals :
- Charting Package :
- Market Analysis :
- Chart Trading :
- Automated Trading :
- Scalping :
- Hedging :
- Mobile Alerts :
- E-mail Alerts :
- Trailing Stops :
- Guaranteed Stop Loss :
- Guaranteed Limit Orders :
- Guaranteed Execution :
- One-click Execution :
- OCO Orders :
- Interest on Margin :
- Web-based Trading :
- Mobile Trading :
- Website Languages :
- Support Hours : 24/5
- E-mail Support :
- SMS Support :
- Chat :
Pros and Cons
- Demo Account Available
- Choice of Trading Platforms
- Excellent Customer Support
- Only One Trading Account
Is Markets.com a good broker?
A great asset selection is complemented by a safe and secure trading environment. Two proprietary trading platforms (alongside the MT4 and MT5), and an excellent selection of trading tools and research capabilities validates this broker's placement within the top quartile of the industry.
Is Markets.com legit?
Full compliance with five global regulators in conjunction with a transparent business model makes it a legit broker.
How do you trade on Markets.com?
Besides MT4 and MT5, CFD trading is provided via Marketsx, and share dealing through Marketsi, from its proprietary trading platforms.
What is the minimum deposit at Markets.com?
A minimum deposit of $250 or a currency equivalent is required.
Is Markets.com suitable for new traders?
A genuine educational division provides a basic introduction, while 60-minute webinars offer tremendous value to new traders. The in-house research provides fresh trading ideas, and the overall product and service choice makes it a suitable broker for new traders and seasoned professionals alike.
How to open an MT4 account on Markets.com?
After signing up for a trading account with Markets.com, traders may select their trading platform in the secure back-office.
Is Markets.com operating in South Africa?
Yes, Markets.com operates a subsidiary in South Africa. TradeTech Markets (South Africa) (Pty) Limited (“TTMSA”) remains regulated by Financial Sector Conduct Authority (FSCA).Back to Top
Markets.com is a well-established brokerage with outstanding corporate ownership. The global regulatory framework, and full compliance with it, together with a transparent approach and remarkable execution statistics, create a trustworthy trading environment. While Markets.com remains a market maker, it has adopted straight-through processing execution (STP), adding appeal to committed traders and asset management firms.
With over 2,200 assets available, the selection is suitable for retail traders on through small institutional clients. Pure Forex traders will find the spreads broadly attractive, and the variety of currency pairs offered adequate.
Markets.com is ideally suited for equity-focused portfolios, where the choice and cost-structure are competitive. Commodity, index, and ETF CFDs provide excellent cross-asset diversification opportunities.
A total of fourteen trading tools enhances the trading environment, which features proprietary trading platforms for Marketsx and Marketsi, alongside the MT4 and MT5 trading platforms. Research is excellent, both in quality and quantity, placing Markets.com well within the top quartile.Back to Top
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