Markets.com has been catering to traders since 2008 under the name GFC Markets. It rebranded in 2010 after the merger between its corporate owner Safecap Investments Limited with TradeFX. Playtech PLC, listed on the London Stock Exchange and a constituent of the FTSE 250, purchased TradeFX for €458 million in 2015. That was followed by an intensive restructuring of Markets.com, which sold its binary options platform, TopOption, and laid off most of its staff, with the intent to focus on the sales and retention team. Today, this broker is regulated in five jurisdictions; it offers four trading platforms from which traders have access to over 2,200 assets. The vast majority of Markets.com clients (79%) operate their portfolio at a loss.
|🗺️ Headquarter||South Africa|
|⚖️ Regulations||CySEC, FCA, ASIC, FSC, FSCA|
|💰 Type of broker||ECN/STP, Market Maker|
|💰 Minimum Deposit||$250|
|💰 Maximum Leverage||1:500 (ASIC entitiy only), 1:30 CySEC Retail, 1:300 CySEC Pro|
|📊 Type of platform||MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based|
|💳 Deposit with credit card||Yes|
|👛 Depositing with wire transfer||Yes|
|🎮 Demo account provided||Yes|
|🛍️ Instruments traded||ETFs, CFDs, Commodities, Metals, Stocks, Oil, Gold, Indices|
Regulation and Security
The international entity of Markets.com is primarily regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) in South Africa. The UK entity operates under the regulatory framework of the Financial Conduct Authority (FCA). Completing the global regulatory umbrella are the Australian Securities and Investments Commission (ASIC), and the New Zealand Financial Markets Authority (FMA). Each provides traders with a different trading environment, with ASIC seen as the most competitive one.
Deposits at the UK entity are protected under the Financial Services Compensation Scheme (FSCS), up to £85,000, in the unlikely event of default. The Cyprus portfolios operate under the Financial Instruments Directive 2014/65/EU or MiFID II, and the EU’s 5th Anti-Money Laundering Directive, while the EU Directive 2014/49/EU ensures the Investor Compensation Fund (CIF) covers deposits up to €20,000. The Scheme for Compensation for Detriment caused by Defective Administration (CDDA Scheme) covers Australian accounts. Shielding the subsidiary is the Act of Grace mechanism under Section 65 of the Public Governance, Performance and Accountability Act 2013.
Per regulatory requirements, all operating subsidiaries of Markets.com fully segregate client deposits, and this broker is fully compliant in all jurisdictions. A high degree of transparency is visible, and the required documents are maintained online. The overall trading environment follows established industry standards, allowing traders to trust Markets.com with their personal and financial information and deposits.
Most international clients will operate under CySEC or FSCA regulation, but entities in the UK, Australia, and New Zealand are governed under the FCA, ASIC, and FMA, respectively.
Markets.com maintains a trustworthy trading environment.
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Markets.com adopted a hybrid model that places it between market maker execution and straight-through processing (STP). It derives the bulk of its revenues from a mark-ups on assets. While no commissions are listed for CFDs, elevated spreads compensate for that loss of revenue. The EUR/USD is noted with a minimum cost of 2.4 pips, excessive by any standards. Index CFDs are equally overpriced, but equity CFDs and commodities are acceptably structured.
Swap rates on leveraged overnight positions apply, and corporate actions impact equity, index, and ETF CFDs. An inactivity fee of $10 applies after 90 days of account dormancy. Third-party deposit and withdrawal fees may apply, but Markets.com does not levy additional costs. This broker reimburses traders any external expenses on deposits which exceed $2,500.
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.
Currency pairs are excessively priced.
Commodities offer a friendlier pricing structure for traders.
Equity CFDs are acceptably structured.
While CFD trading remains commission-free, share dealing incurs fees.
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What Can I Trade
Traders have an excellent selection of over 2,200 assets across eight classes. Forex traders have an adequate choice with 67 currency pairs, complemented by six cryptocurrencies. Cross-asset diversification is enabled through 26 commodities, while 2,007 equity CFDs comprise the bulk of assets. Magnifying trading opportunities are 42 index CFDs, 59 ETFs, and 21 Blends. Four bond CFDs appear to be more for marketing purposes than proper exposure. Overall, the asset selection is excellent for retail traders as well as asset managers.
Markets.com offers traders over 2,200 assets across eight sectors, representing outstanding trading potential.
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Markets.com offers CFD accounts under the Marketsx brand, and share dealing is available through Marketsi. The minimum deposit is $250 or a currency equivalent. With various regulatory environments allowing for different maximum leverage, traders may want to consider the preferred entity. CySEC limits it to 1:30, where ASIC maintains 1:500. Marketsx is ideally suited for traders, and Marketsi is the appropriate choice for investors. Qualified traders may inquire about an upgrade to a professional account, where the maximum leverage is increased to 1:300 for the CySEC regulated entity. This broker implemented a simple, transparent account structure; it treats all retail deposits equally without an attempt to upsell superior services for more significant portfolios.
Marketsx provides traders with CFD trading.
Marketsi is the appropriate choice for investors.
Professional accounts at the CySEC entity enjoy an increase in maximum leverage.
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Markets.com offers a customized trading platform for Marketsx and Marketsi. Both 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. It offers 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 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. The failed successor platform MT5 is also available. Regrettably, none of the trading tools developed by Markets.com are compatible with MT4 or MT5.
The Marketsx platform is equipped with 14 trading tools, enabling manual traders to analyze assets properly.
Marketsi features the same tools, though it remains unclear if the trading platform is identical.
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.
The failed successor MT5 is also maintained.
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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 actually 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
The 14 trading tools provided by Markets.com generate the bulk of research. 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. The overall research services by Markets.com represents one of the most significant assets maintained.
An Analysis category is listed but substituted with educational material. It resembles a fresh addition and appears erroneously mislabeled. Offering a tremendous educative tool is a series of 60-minute webinars. Registration is free, and the length suggests detailed coverage of each topic. A few fundamental introductory articles are equally available. The education division is acceptable and genuine, but well behind the quality and depth of the provided research.
XRay is a live-streaming service maintained by Markets.com.
The News category features well-presented content.
Educational content populates the Analysis section.
60-minute webinars suggest detailed coverage of topics.
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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 equally maintained. Most traders are unlikely to require support from this well-managed broker, but it is easily accessible in case the need arises.
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Bonuses and Promotions
Markets.com neither offers bonuses nor hosts special promotions.Back to Top
Opening an Account
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 merely 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, Neteller, Skrill, PayPal, Fast Bank Transfers, Sofort, and iDeal. The minimum deposit is $250 or a currency equivalent, 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 additional fees, but third-party charges may be applicable. Processing times are not provided. In compliance with AML regulations, the name on the trading account must be identical to that of the payment processor.
Supported deposit methods are suitable for most traders.
The Minimum withdrawal amount is dependent upon the payment processor.
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- Broker's Name : Markets.com
- Headquarter : South Africa
- Regulation : CySEC, FCA, ASIC, FSC, FSCA
- Type of Broker : 35,38
- U.S. Clients Allowed :
- Minimum Deposit : $250
- Maximum Leverage : 1:500 (ASIC entitiy only), 1:30 CySEC Retail, 1:300 CySEC Pro
- Commissions / Spreads : Both
- Account 1 : CFD
- Account 2 : Share Dealing
- Demo Account :
- Islamic Account :
- Segregated Account :
- Managed Accounts :
- Deposit Options :
- Withdrawal Options :
- ETFs :
- CFDs :
- Commodities :
- Metals :
- Stocks :
- Oil :
- Gold :
- Binary Options :
- Indices :
- Type of Platform : MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based
- 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.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 the straight-through processing model (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 elevated while the variety of currency pairs is acceptable. 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 enhance the trading environment, which features proprietary trading platforms for Marketsx and Marketsi, alongside the MT4 and MT5 trading platforms. The provided research is excellent, both in quality and quantity, placing Markets.com in the top quartile. New traders have access to an acceptable educational section. The overall product and service choice grant Markets.com genuine consideration as a primary choice for portfolio management.Back to Top
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