73% of retail investor accounts lose money when trading CFDs with this provider

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Markets.com Review

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Markets.com offers the opportunity to trade with the world’s most traded CFDs using instruments such as shares, currencies, indices, bonds, ETFs and commodities, totaling more than 2000 instruments.

With approximately five million registered trading accounts, Markets.com has registered more than 13 million trades totalling $185 billion of traded value in the last year.

MARKETS.COM is operated by Safecap Investments Limited (‘Safecap’), a subsidiary of Playtech PLC which is traded on the London Stock Exchange's Main Market and is a constituent of the FTSE 250 Index.

Markets.com and Safecap is operated by a regulated investment services firm authorised in the conduct of its activities by the Cyprus Securities and Exchange Commission (‘CySEC’). Safecap is also authorised by the Financial Sector Conduct Authority (FSCA) in South Africa as a Financial Services Provider.

Pros

  • Segregates client funds
  • Established in 2008
  • Regulated by CySEC, Financial Services Board
  • Min. deposit from $100

Cons

To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, Markets.com offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by CySEC (Licence: 092/08), and Financial Services Provider #43906 in South Africa. Markets.com puts all client funds in a segregated bank account and uses tier-1 banks for this. Markets.com has been established since 2008, and have a head office in Cyprus, UK, Syria.

Before we dive into some of the more detailed aspects of Markets.com ’s spreads, fees, platforms and trading features, you may want to open Markets.com ’s website in a new tab by clicking the button below in order to see the latest information directly from Markets.com.

Visit Markets.com

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Markets.com screenshot Open a demo account

73% of retail investor accounts lose money when trading CFDs with this provider

What are Markets.com's spreads & fees?

Like most brokers, Markets.com takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The spreads displayed below are based on the minimum spreads listed on Markets.com’s website. The colour bars show how competitive Markets.com' spreads are in comparison to other popular brokers featured on BrokerNotes.

Markets.com
EUR/USD (Average: 0.7 pips) 2.0 pips 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) 2.0 pips 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) 3.0 pips 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) 3.0 pips 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) 3.0 pips 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) 3.0 pips 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) 4.0 pips 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) 3.0 pips 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, Markets.com’s minimum spread for trading EUR/USD is 2.0 pips - which is relatively high compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Markets.com vs. similar brokers.

See all Spreads

How much does Markets.com charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Markets.com at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $6.78. Here’s a rough breakdown of the fees and how this compares against IG & Forex.com .

Markets.com IG Forex.com
Spread from: $ 0.00 $ 6.00 $ 10.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 0.00 $ 6.00 $ 10.00
$6 more $10 more
Visit Markets.com Visit IG Visit Forex.com

All fees/prices are for informational purposes and are subject to change.

General Fees

  • Markets.com does charge inactivity fees
  • Markets.com doesn’t charge withdrawal fees*

Commissions

  • Markets.com doesn’t charge commission on CFD shares

What can you trade with Markets.com?

Markets.com offers over 2,146 different instruments to trade, including over 56 currency pairs. We’ve summarised all of the different types of instruments offered by Markets.com below, along with the instruments offered by IG and Forex.com for comparison.

FX / Currencies Markets.com IG Forex.com
# of forex pairs offered 56 90 80
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies Yes Yes Yes
Commodity CFDs Markets.com IG Forex.com
# of commodities offered 0 34 12
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Index & Stock CFDs Markets.com IG Forex.com
# of Stocks offered 2000 8000 220
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See Markets.com's InstrumentsSee IG's InstrumentsSee Forex.com's Instruments

What’s the Markets.com trading experience like?

1) Platforms and apps

Markets.com is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

Markets.com Screenshot

Markets.com also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are on the move.

See Markets.com 's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • Islamic account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Markets.com allows you to execute a minimum trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.

As a market maker, Markets.com may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Markets.com also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders negative balance protection price alerts and much more. You can see all of the account features offered by Markets.com here.

Finally, we’ve listed some of the popular funding methods that Markets.com offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • PayPal
  • Payoneer

3) Client support

Markets.com support a wide range of languages including Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish.

Markets.com has a BrokerNotes double AA support rating because Markets.com offer over three languages

4) What you’ll need to open an account with Markets.com

As Markets.com is regulated by CySEC, Financial Services Board , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Markets.com’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Markets.com you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.markets.com on 01/10/2019.