Markets.com was founded in 2008 and underwent a rebrand in 2019 to become MarketsX. They are part of the TradeTech Group, a constituent of Playtech, a FTSE 250 listed company. Markets.com offer a seamless trading experience with over 2200 trading instruments on their multi-asset platform. The MarketsX platform is one of its major advantages as it has been designed with ease of use in mind and offers a range of features and tools. However, Markets.com is more expensive in comparison to other online stock brokers.
Why Choose Us
Min. Deposit: $250
Good all round broker
Regulation and Trust
Markets.com is a publicly listed company and does not operate a bank. They are regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) and the British Virgin Islands Financial Services Commission (FSC).
Commissions & Fees
Markets.com claim they are transparent and upfront about their pricing. However, we found that their costs and pricing could be more explicit and easy to find on their website. They offer no commission or trading fees, however, this makes their spreads higher than competitors. They offer spreads as low as 1.8 pips on EUR/USD. An overnight rollover fee may be charged to each opening position at the end of the company’s trading day. The method of calculation for this charge will vary according to the instrument and due to the interbank interest rate. This fee may happen without any notice. Markets.com does not charge any withdrawal fees or deposit fees.
Markets.com is present on Facebook, Instagram, Twitter and YouTube. They have almost 100 000 people following their Facebook page.
Opening a Markets.com account is fast, fully digital, and requires a low minimum deposit. When setting up your account there is the option to login through Google, Facebook, or Apple making the process even faster. The Markets.com site itself is clean and simple whilst still offering premium support and tools. They also offer their site in both light and dark mode depending on your preference. The mobile trading app is user friendly as well and allows you to trade on a variety of products. Whilst the transition from the web to the mobile platform is seamless, the app lacks certain features such as alerts.
Functionality & Tools
Markets.com offers 14 trader tools to use at your disposal in order to gain better insights. Their tools are divided into three categories: Fundamental, Technical, and Sentimental. Some of the most popular tools include Bloggers’ Opinions, which provides access to the opinions of 50,000 financial bloggers, and Advanced Charting, which provides traders with the ability to gain a deeper view of their trades and assets. The advanced charting tool includes a variety of indicators.
Traders can open a mobile compatible demo account with Market.com to familiarise themselves and test their trading strategy risk-free.
Markets.com offers MT4, MT5, and mobile trading platforms. These platforms are fast and customizable to your preferences. They also offer their multi-asset platform, Markets.com. This platform offers a multitude of tools that can be used for smarter trading. It also includes 8 different types of market alerts. Markets.com also offer a range of educational material to help you gain insights and opinions. There is also a Markets.com app that can be downloaded for Android and iOS devices. The app is similar to the original platform however it lacks certain tools and indicators.
Customer support is available in a variety of languages including English, French, Spanish, Italian, Arabic, German and Bulgarian. The live chat is fast and gives you the ability to chat with one of their knowledgeable customer support team members. You can also call their dedicated phone support 24 hours, 5 days a week. There is also a FAQ page and search bar should you have a query on a specific topic.
Markets.com is a highly regulated best broker with many great features and good customer service. Traders have a wide variety of trading assets and markets to choose from as well as a variety of best online stock trading platforms. The Markets.com platform is user friendly whilst still informative, giving Markets.com an advantage over its competition. One con of Markets.com is that the spreads are higher than others in the industry.
74.93% of retail investor accounts lose money when trading CFDs with Markets.com
|Nationalities||No USA Clients|
|Is a corporate Account Possible?||YES|
|Sign Up process||FAST|
|Funding options||Bank transfer, Debit/Credit Card/ PayPal, Skrill, Neteller|
|Forex: Spot Trading||YES|
Traded as actual
Traded as CFD