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Markets.com Review, Test & Rating in 2024

Autor: Florian Fendt — Updated in Jun 2024

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Markets.com Trader Rating

Rated 4.6 out of 5
4.6/5 stars (7 reviews)
The EU entity of MARKETS.COM is operated by Safecap, a subsidiary of Playtech PLC. The parent company is listed on the main board of the London Stock Exchange and is part of the FTSE 250 index. Markets.com is global in scope and supports over 9 languages. Our review of markets.com focuses mostly on Forex and CFD trading offered under Markets.com
arrow rightTo Markets.com
81.3% of retail investor accounts lose money trading CFDs with this provider.

Summary about Markets.com

Our Markets.com experience is overall quite positive, especially for trading beginners. Markets.com has a full service for newcomers and offers an easy entry into the world of trading through a variety of free webinars/learning materials. Due to the wide range of trading tools, advanced traders should also be interested in Markets.com.

Markets.com review highlights
Minimum deposit in USD$100
Trade commission in USD$0
Withdrawal fee amount in USD$0
Available trading instruments2200
Pro & Cons of  Markets.com

What are the pros & cons of Markets.com?

What we like about Markets.com

Our positive Markets.com experiences start with a wide range of trading instruments, over 2200 in total, which is more than the average CFD broker offers. They also have many useful trading tools for stock screening or webinars for trading lessons. With Traders Trend, traders can always see the current distribution of long and short positions in markets. Under its CySEC (EU) entity, Markets.com is a member of the ICF Investor Compensation Fund which is able to provide compensation up to EUR 20,000 and low swap fees due to a large amount of available CFD futures. Markets.com offers a wide range of educational materials, webinars and trading tools.

  • more than 2300 trading assets
  • CFD futures available
  • low spreads on Markets.com
  • learning materials & trading tools

What we dislike about Markets.com

At Markets.com there is a difference between the trading conditions of the Metatrader 4/5 and the Markets.com Webtrader. In addition, Markets.com requires a minimum distance from the current market price to fill stop orders (such as stop-loss). US traders are not able to trade with Markets.com.

  • No Copytrading available
  • Min. distance for orders (stop-loss, limit)
  • different conditions MT4 / Markets.com
  • No US Traders allowed
Available Trading Assets at  Markets.com

Available trading instruments at Markets.com

Markets offers several asset classes and over 2200 different trading instruments 

Markets.com offers exotic trading assets as well. For example blends. Blends copy the portfolios of well-known stock market legends such as Warren Buffet or George Soros. This allows you to invest in individually composed products.

The CFD trading instruments include, among others.

  • +56 Forex/currency pairs
  • +32 Indices
  • +5 Metals
  • +27 cryptocurrencies
  • +23 Commodity/Energies
  • +2200 shares
  • +77 ETF
  • +12 blends

 

 Markets.com Review

Conditions & detailed review of Markets.com

Markets.com has some advantages and, like any broker, its weaknesses. Currently the trading conditions at Markets.com are favourable and the spreads are mostly below average. The spread of the DAX is up to 0.8 points. Markets offers CFD futures as well, which is suitable for medium-term traders like swing traders. These CFD contracts are offered on a futures rollover basis to keep swap costs low. By far the biggest advantage of Markets.com is the wide selection of tradable stocks. There are CFD stocks from over 12 countries and numerous ETFs. On the negative side, Markets.com has a small minimum gap for stop-loss or limit orders. Markets.com offers webinars and analysis tools. For example, insider activities of managers are tracked and processed. Daily analyst comments are also collected (so far unfortunately only in English).

Trading Platform of  Markets.com

Software & trading platform of Markets.com

At Markets.com there are several trading platforms available to choose from. For Forex and CFD trading, platforms include the classics MetaTrader 4 (MT4) and MetaTrader 5 (MT5) which are available in a choice of formats such as web, desktop and mobile for Android or iOS devices including smartphones and tablets.

In addition to the widely used MetaTrader platforms, Markets.com offer their proprietary Markets.com multi-asset platform which comes complete with integrated in-platform tools for trading the financial markets. The Markets.com platform is browser based so it does not require a download and traders on-the-go can download the Markets.com mobile trading app.

Trading instruments and trading conditions are dependent upon the platform. The Markets.com platform does offer a significantly higher number of trading instruments than MT4 and MT5, details of which are available on the Markets.com website.

Different Trading Accounts at Markets.com

Your account at Markets.com

Retail clients of Markets.com have access to a standard trading account that offers a wide range of tradable assets such as CFDs and Forex. The account has a minimum deposit requirement of $/€/£100 and includes several beneficial features to help traders make informed decisions. These features include daily market analysis, webinars, 24/5 customer support, and dedicated account managers who are available to answer any questions and provide assistance.

In recent years, Markets.com underwent a rebranding process, and during this time, the trading conditions have been improved to better serve its clients. The new conditions now offer lower spreads compared to the previous Markets.com trading conditions, making it more affordable for clients to trade and potentially increase their profits. These adjustments show the broker's commitment to providing the best possible trading experience for its clients.

By regulation, every new client must go through some basic compliance checks to ensure that you understand the risks of trading and are admitted to trading. When you open an account, you will probably be asked for the following items, so it is good to have them handy: A scanned colour copy of your passport or national ID A utility bill or bank statement from the last six months with your address You will also need to answer a few basic compliance questions to confirm how much trading experience you have. It is therefore best to take at least 10 minutes to complete the account opening process. It is important to note that you cannot make any real trading transactions until you have passed compliance, which can take up to several days depending on your situation. For the full terms and conditions, please see the Markets.com website.

To Markets.com
81.3% of retail investor accounts lose money trading CFDs with this provider.
Deposit and Withdrawals at  Markets.com

Deposits and withdrawals at Markets.com

Markets.com offers several deposit and withdrawal options. Markets.com does not charge any deposit fees and will cover any fees from payment service providers for deposits and withdrawals.

The following payment options are available:

  • Credit Card / Debit Card
  • Bank transfer
  • Neteller
  • Skrill
  • PayPal
  • Fast Bank Transfers
  • Sofort
  • iDeal
  • Giropay
  • Multibanco
Service of  Markets.com

How is the service at Markets.com

The service provided by Markets.com is above average. Markets.com's customer service is available from Monday 0:00 to Friday 23:55. Live chat is also available 24/5. There is no service office in Germany, but there is one in the UK, Cyprus, Australia, South Africa and the BVI.

Available contact methods are:

  • Phone Support
  • Dedicated Live-Chat
  • Online Query Form
  • E-Mail Support
Is  Markets.com regulated and secure or scam?

Regulation & Safety at Markets.com

Markets.com is reputable and is regulated under CySEC as well as FCA, ASIC, FSCA and the BVI FSC.

Markets.com is part of Finalto, a constituent of Playtech PLC, which is traded on the London Stock Exchange Main Market and is a constituent of the FTSE 250 Index.

In the EU under its CySEC entity www.markets.com is operated solely and exclusively by Safecap Investments Limited ("Safecap"), a company regulated by CySEC under licence number 092/08 and by FSCA under licence number 43906. Safecap has its registered office at 148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus.

More information about the regulation of markets.com can be found directly on the CySEC website.

Highlights of Markets.com

Finding the right broker for you is not easy, but hopefully you now know if Markets.com is the best choice for you. If you are still unsure, you can use our forex broker comparison to get a quick overview.

  • ✔️ Free learning materials for trading beginners
  • ✔️ Leverage up to 1:30 / up to 1:300 in some regions
  • ✔️ CFD futures & blends
  • ✔️ ICF investor compensation & trading tools

Frequently asked questions about Markets.com

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Is Markets.com a good broker?

Markets.com maintains a competitive trading environment and offers additional trading tools and education materials, which many traders find helpful.

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Is Markets.com a scam broker?

Markets.com is a legit broker operating under CySEC, FCA, ASIC, FSCA and the BVI FSC  oversight. No scam warning has been issued on any of the regulatory websites.

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Is Markets.com regulated and trustworthy?

Markets.com remains fully compliant with the rules of the regulatory bodies. Traders should view it as a safe and trusted broker.

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What is the minimum deposit at Markets.com?

The minimum deposit at Markets.com to open a live account is $100.

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Which trading platform is available atMarkets.com?

Marketsx offers the core MT4 trading platform and a proprietary WebTrader.

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Does Markets.com offer a free demo account?

Yes. Markets.com offers an unlimited demo account for trading beginners or testing purposes.

Trade at Markets.com
81.3% of retail investor accounts lose money trading CFDs with this provider.

Author of the review

Florian Fendt
An ambitious investor and trader, Florian founded BrokerCheck after studying economics at university. Since 2017 he shares his knowledge and passion for the financial markets on BrokerCheck.

At BrokerCheck, we pride ourselves on providing our readers with the most accurate and unbiased information available. Thanks to our team’s years of experience in the financial sector and feedback from our readers, we have created a comprehensive resource of reliable data. You can therefore confidently trust the expertise and rigor of our research at BrokerCheck. 

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Trader Rating
Rated 4.6 out of 5
4.6/5 stars (7 reviews)
Excellent72%
Very good14%
Average14%
Poor0%
Terrible0%
To Markets.com
81.3% of retail investor accounts lose money trading CFDs with this provider.

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