Markets.com is a Financial Services Firm approved and regulated by CySEC under license number 092/08 and by South Africa’s Financial Services Board as an accredited Financial Services Provider with the no. 43906.
This brokerage won the London Investor Show Forex “Best Customer Service 2012” award, and the Global Banking & Finance Review “Best Broker in Customer Service Europe 2012” award, as well as many other prizes over the past years.
Accounts
When it comes to trading, Markets.com is a world leader and is excellent choice traders make when picking a broker. Just for a minimum deposit of only $100, the company provides competitive spreads and reasonable trading leverage up to 1:300.
Traders can create a Markets.com standard account instantly after uploading all of the necessary compliance documents. Markets.com provides trading in commodities, CFDs, equities, gold, currencies, oil, and stocks. Over 2,000 CFDs are allowed, across all asset classes.
Contracts for Difference give traders all the advantages of holding a particular commodity position, or index – without having to actually own the financial instrument itself, letting clients trade the difference in the price of various commodities and equity markets, with swift execution and leverage.
Trading on Markets.com is free of charge, with utterly zero fees; and also has some of the industry’s most competitive spreads, including spreads as low as 1.7 on major currency pairs like GBP/USD, USD/JPY, EUR/USD.
There is leverage of up to 1:300 is for Forex, 1:10 for stocks, and 1:200 for commodities and indices.
The brokerage offers an unlimited demo account or new traders or any other traders who want to practice new trading tactics before doing so on a real trading account. This “paper trade” is helpful for traders before they fund their trading accounts.
Features
Markets.com traders can profit from the use of indicators, chart analysis, and oscillators and other alerts given by the broker to produce high-quality evaluations of the financial markets and predict the possible direction of an asset based on the prevailing market conditions.
Offers and Promotions
Markets.com have employed a policy of allowing users to get themselves on-board instantly via online self-activation, without the help of live customer support. Hence as part of the process, new customers can anticipate walk-though tips and messages where needed, sometimes including extra bonuses.
Deposits/Withdrawals
This brokerage accepts a wide assortment of payment methods, including credit cards, PayPal, Skrill, Neteller, wire transfer, and local payment methods.
Withdrawals can be performed by logging onto an account and hitting the withdrawal button. The funds are sent into a bank account
Education
Markets.com provides an extensive CFD and FX trading education. Traders at Markets.com can read the Forex daily headlines which present in-depth coverage of the Forex market, in the News and Research section.
The technical analysis which helps Fx and CFD traders recognize and take advantage of market momentum is delivered by a foremost technical analysis provider known as Trading Central. Traders can also get full analysis and coverage on commodities, indices, and stocks so they can have a better understanding of the volatile markets.
The Autochartist tool is also available, and traders can sign up to get audio and visual signals as soon as rising, and completed patterns are recognized or when Fibonacci patterns are emerging. These alerts are equipped with appropriate graphs and charts.
Autochartist also offers traders a feature that gives traders a better evaluation of risk and volatility on the instruments they trade, known as PowerStats.
The website is also rendered in 15 different languages including Spanish, Polish, Romanian, Slovakian, Polish, Portuguese, French, Arabic, Italian, Swedish, German, and Norwegian.
Customer Support
Markets.com has highly satisfactory support services in offices in 21 locations worldwide and agents available 24/5 via email and live chat. Traders can contact the main office of the broker using an online form.
Conclusion
Markets.com is one of the most advanced platforms in the industry with excellent trading tools and functionalities. Broker agents speak in a variety of different languages, spreads are competitive, and leverage is reasonable. Also, the company’s educational offerings are contemporary and quite informative.