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Markets.com Review 2024

By:
Vladimir Zernov
Updated: Mar 26, 2024
Overall Rating
4.3
  • Trust
    4.4
  • Fees
    3.4
  • Platforms and Tools
    4.2
  • Tradable Instruments
    4.2
  • Customer Support
    4.5
  • Research
    4.4
  • Deposit and Withdrawal
    4.9
  • Account Types and Terms
    4.1
  • Education
    4.4
  • How Did We Test and Rate This Broker?
    When trading forex and CFDs, understanding a broker's strengths and weaknesses is essential. We developed a proprietary rating system, which is the result of extensive research and hands-on evaluation by our expert reviewers. With a rigorous approach, our reviewers manually assess each broker, investing more than 50 hours per review, checking and testing the broker while analyzing over 250 variables to simplify the broker selection process for you. The categories we evaluate include trustworthiness, trading platforms, customer support, regulatory oversight, spreads, fees, the variety of instruments offered, education, and research tools. This unique rating system is specifically developed to ensure that the assessment is based on firsthand knowledge and experience. By dedicating a significant amount of time to each review, our team of experts can provide in-depth insights and help you make well-informed decisions when choosing the broker that best suits your trading goals.
    Chart

    Our Take on Markets.com

    Founded in 2009, Markets.com is a multi-asset online CFD broker that provides access to forex pairs, commodities, indices and indices futures, cryptocurrencies, stocks, ETFs, and bonds. My research showed that the broker operates under six entities regulated by FSC BVI, ASIC, FCA, FSCA, and CySEC, with one unregulated entity registered in St. Vincent & The Grenadines.

    Markets.com offers the highly popular MetaTrader 4 and MetaTrader 5 platforms, as well as its own in-house trading platform. As one of its main features, the broker offers spread-based accounts which provide additional perks depending on the size of the traders’ deposit.

    Recommended in 2 best broker guides: 
     CFD Brokers | Segregated Account

    Markets.com Pros and Cons

    Pros Cons
    • Regulated by three Tier-1 regulators.
    • Strong research and educational support.
    • User-friendly in-house trading platform.
    • Exclusive perks for advanced traders with higher deposits.
    • Trading fees are above the industry

    Markets.com Highlights for 2024

    • Markets.com is authorized by five regulators, including the top-tier CySEC, FCA, and ASIC, indicating a high level of trustworthiness.
    • The broker offers multiple deposit and withdrawal methods and provides access to a wide range of tradable instruments, including 22 indices and 16 commodities.
    • My research showed that the broker’s trading fees were above the industry average.
    • Beginner traders will benefit from the strong research & educational support, as well as from the prompt and professional assistance provided by the customer support team.
    • Advanced traders with higher deposit levels will benefit from special perks offered to owners of such deposits.

    What Sets Markets.com Apart?

    Markets.com offers a wide selection of tradable instruments, with a particular focus on commodities and indices. A key feature of the broker is its spread-based accounts, which come with various perks that scale according to the client’s deposit size.

    Who is Markets.com For?

    Markets.com is well-suited both for novice and professional traders. Strong research & educational support, a solid customer support team, and a user-friendly in-house trading platform will make the first steps of the trading journey easier for beginners. Advanced traders with higher deposit levels will enjoy the special perks provided to such clients.

    Markets.com Video Review

    We performed our tests with a Basic Account, using the MT5 desktop and MT5 mobile platform, opened with the Finalto BVI Ltd entity of Markets.com, regulated by FSC BVI. Some features and services may vary depending on where you reside.

    Markets.com Main Features

    ☑️ RegulationsFSCM (Mauritius), FSCA (South Africa), CySEC (Cyprus), ASIC (Australia), FCA (United Kingdom)
    🗺 Supported Languages
    English, French, Arabic, Bulgarian, Italian, Spanish, German
    💰 ProductsCurrencies, Stocks, ETFs, Crypto, Bonds, Indices, Commodities, Futures
    💵 Min Deposit$100
    💹 Max Leverage1:300 (FSCM), 1:300 (FSCA), 1:30 (CySEC ), 1:30 (ASIC), 1:30 (FCA)
    🖥 Trading Desk TypeMarket Maker, STP
    📊 Trading PlatformsMT5, Proprietary, MT4
    💳 Deposit OptionsWire Transfer, Neteller, Skrill, Credit Card
    💳 Withdrawal OptionsWire Transfer, Neteller, Skrill, Credit Card
    🤴 Demo AccountYes
    🗓 Foundation Year2009
    🌎 Headquarters CountryCyprus
    Risk DisclosureCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

    Markets.com Full Review

    Trust

    4.4
    How Did We Test the Broker's Trustworthiness?
    Assessing a broker's trustworthiness with your funds is vital. To help you make the right decision, we carefully checked each broker's regulatory license and examined how well they protect traders. Moreover, we looked at the broker's stability by studying their business history, corporate structure, and industry experience. Finally, we thoroughly reviewed all of the broker's legal documentation, including terms, conditions, and fees, and evaluated their transparency based on our analysis. Our hands-on approach ensures that even novice traders have the knowledge they need to make smart decisions.
    trust chart

    Markets.com has a global presence and is regulated by CySEC, ASIC, FCA, FSCA, and BVI FSC. The broker also has an unregulated entity, which is registered in St Vincent & The Grenadines. Founded in 2009, the broker has been in business for more than 14 years. All entities maintain clients’ funds in segregated accounts and provide negative balance protection.

    Regulation at CySEC
    Regulation at CySEC
    Regulation at FCA
    Regulation at FCA
    Regulation at ASIC
    Regulation at ASIC
    Regulation at BVI FSC
    Regulation at BVI FSC

    Markets.com Regulations

    Markets.com operates under six entities:

    Why is It Important to Know Where Your Broker Subsidiary Is Regulated?

    Each regulator has its requirements for brokers, which may differ substantially. Such requirements include leverage levels and specific protections offered to investors, such as negative balance protection, segregated accounts, and investor compensation funds. Traders must understand the differences between regulations to evaluate whether the broker suits their needs.

    Markets.com operates under six entities, so clients will find a suitable entity for them. The global entity, Finalto (BVI) Ltd, is registered in the British Virgin Islands and regulated by FSC, a Tier 3 regulator.

    The broker has three entities that are authorized by Tier 1 regulators: Finalto (Australia) Pty Ltd (ASIC), Finalto Financial Services Ltd. (FCA), and Safecap Investments Limited (CySEC). Finalto (South Africa) Pty Limited is regulated by FSCA, a Tier 2 regulator. Finalto International Limited is registered in St Vincent & The Grenadines and operates with regulation.

    All entities hold clients’ funds in segregated accounts to ensure that the clients’ money is not used for the broker’s own business purposes. Using segregated accounts increases the safety of clients’ funds in case the broker faces financial problems.

    Markets.com also provides negative balance protection in all entities, which means that clients cannot lose more money than they have in their accounts.

    There are additional protections available for clients of Finalto Financial Services Ltd and Safecap Investments Limited. Clients of the FCA-regulated entity benefit from the protection of the investor compensation fund, which covers losses of up to GBP 85,000 in case the broker has financial problems. Clients of the CySEC-regulated entity benefit from the protection of the investor compensation fund, which covers losses of up to EUR 20,000.

    I have summarized key aspects of the broker’s entities in terms of regulation and safety in the table below:

    Entity Finalto (BVI) Ltd Finalto (Australia) Pty Ltd Finalto Financial Services Ltd Finalto (South Africa) Pty Limited Safecap Investments Limited Finalto International Limited
    Country/Region FSC (BVI) ASIC (Australia) FCA (UK) FSCA (South Africa) CySEC (Cyprus) FSA (St Vincent & The Grenadines)
    Regulation Tier 3 Tier 1 Tier 1 Tier 2 Tier 1 Unregulated
    Segregated Funds Yes Yes Yes Yes Yes Yes
    Negative Balance Protection Yes Yes Yes Yes Yes Yes
    Compensation Scheme No No Up to GBP 85,000 No Up to EUR 20,000 No
    Standard Leverage Up to 1:300 Up to 1:30 Up to 1:30 Up to 1:300 Up to 1:30 Up to 1:30

    Is Markets.com Safe to Trade With?

    Markets.com has entities that are regulated by Tier-1, Tier-2, and Tier-3 regulators, as well as an unregulated entity registered in St Vincent & The Grenadines. In my view, the presence of Tier 1-regulated entities is always beneficial for clients, even if they open their accounts with other entities.

    The broker must invest heavily in its procedures to get a Tier 1 regulation, and the presence of such a regulation shows that the broker took the extra steps to ensure safety and transparency.

    All entities provide negative balance protection and hold their funds separately from the firm’s funds. The segregation of the client’s funds ensures that the broker cannot use them for its own needs. Moreover, with negative balance protection, clients cannot lose more money than they have in their accounts.

    Stability and Transparency

    In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focused on how long the broker has been in business, how big the company is, and how transparent it is in terms of information being readily available.

    Markets.com, established in 2009, is not publicly traded and does not have a bank parent, which is common for a broker. They provide easy access to all essential documents via the Regulation and Legal Pack section of the broker’s website, including Terms & Conditions, Risk Disclosure Statement, Privacy Policy Statement, Conflicts of Interest Policy, and Clients Complaints Handling Policy.

    The fee structure details can be found on the Account Types page. Traders can learn more about the differences between various entities in the Our Group section of the company’s website.

    In summary, my research indicates that Markets.com can be regarded as having a high level of trust and stability due to the following factors:

    • Regulated by Tier 1, Tier 2, and Tier 3 regulators.
    • All entities provide negative balance protection and segregated accounts.
    • More than 14 years in business.
    • Easy access to important information on the company’s website.

    Fees

    3.4
    How Did We Test the Broker's Fees and Commissions?
    Broker commissions and fees can be challenging to understand. To simplify this for you, we carefully examined all the broker's fee-related documentation and presented it in a clear, easy-to-understand format. Furthermore, we conducted hands-on tests on spreads and commissions for the most common instruments during both London and New York trading sessions. We then compared these real-time test results to the market benchmark we've established through our extensive experience evaluating the industry.
    fees chart

    My tests showed that Markets.com trading fees were mostly higher than the industry average, although traders might find competitive rates for certain instruments like EUR/USD and Gold.

    Markets.com Trading Fees

    For this review, I tested the Markets.com Basic Account, where the broker levies spreads and swap/rollover fees, but does not charge any commissions. Spreads are variable and depend on the liquidity condition for each instrument at a certain point in time.

    Forex spreads at Markets.com
    Forex spreads at Markets.com

    Markets.com Spreads

    I tested the spread on the Markets.com Basic Account during the London open at 8 a.m. UK time and shortly after the US open at 2.45 p.m. UK time. These are the most actively traded hours.

    Instrument Live spread AM Live spread PM
    EURUSD 0.8 0.7
    GBPJPY 2.8 2.6
    Gold 30 30
    WTI Oil 0.05 0.05
    DAX 1.2 1.2
    Dow Jones 3.5 2.8
    Apple n/a 1.04
    Tesla n/a 1.07
    Bitcoin 76.28 74.82

    Markets.com features competitive spreads for EUR/USD and Gold. I’d note that EUR/USD spreads are indeed attractive for a standard spread-based account as many brokers would have spreads above the 1.0 level at such accounts. The spreads for DAX and Dow Jones are moderate, while the spreads for GBP/JPY, WTI Oil, Apple, Tesla, and Bitcoin are relatively high.

    Swap Fees

    Instrument Swap Long Swap Short
    EUR/USD -16.5668 -5.42945
    GBP/JPY -4.92252 -32.1136

    My findings indicated that the swap fees for EUR/USD were high, in contrast to the notably low swap fees for GBP/JPY.

    Are Markets.com Trading Fees Competitive?

    While the broker provides attractive spreads for EUR/USD and Gold, the spreads for other instruments I tested were either moderate or high, compared to the industry average. Generally, I found Markets.com’s fees to be above the industry benchmark, which we established through our extensive comparative research.

    Non-Trading Fees

    Markets.com applies an inactivity fee of $10 per month if the account is inactive for one year.

    Platforms and Tools

    4.2
    How Did We Test the Broker's Trading Platforms?
    We understand that platforms play a crucial role in your trading experience. That's why we spent many hours testing the broker's web, desktop, and mobile trading platforms to gain a real understanding of their usability, functionality, and overall performance. From experimenting with different order types to testing execution speeds, charting, and other features, we thoroughly examined every aspect of these platforms based on our trading expertise, helping you make an informed choice.
    platforms chart

    Markets.com provides access to the highly popular MetaTrader 4 and MetaTrader 5 platforms alongside their in-house trading platform, which was designed with the needs of beginner traders in mind. This broad selection guarantees that traders of all levels will find a platform that meets their requirements.

    Markets.com Platforms Walkthrough

    Markets.com Desktop and Web Platforms

    In this review, I tested the MetaTrader 5 platform, analyzing charts, indicators, drawing tools, orders, and the general ease of use of the platform.

    MetaTrader 5
    MetaTrader 5
    Markets.com trading platform
    Markets.com trading platform

    General Ease of Use

    MT5 is an advanced trading platform that could be tailored to traders’ needs. The interface is rather intuitive, although some traders may want to search for tutorials to take a deep dive into MT5’s capabilities. In general, advanced traders would have no problems with MT5, while beginners may need to spend some time learning the fundamental features of the platform.

    For beginner traders, it’s beneficial to familiarize themselves with various chart options, indicators, drawing tools, and order types. You may need to learn how to create your watchlists and manage your trading positions. Despite the initial time and effort required, traders who invest in this learning ultimately gain a powerful tool that helps achieve better trading results.

    While the general look of the MetaTrader 5 platform may seem a bit outdated, I find the platform fairly intuitive and easy to learn. Markets.com provides that standard MT5 offering, so those who have previously used the platform with other brokers will be ready to trade in a couple of minutes.

    Charts

    MT5 offers 97 indicators and 21 timeframes, which is more than enough to customize your charts and adjust them to your needs.

    Trend indicators, oscillators, volumes, Bill Williams indicators, and custom indicators help to design the chart you need.

    Available timeframes range from 1 minute to 1 month, providing the trader with opportunities to observe short-term developments, as well assignificant multi-month trends.

    MT5 also supports:

    • lines
    • channels
    • Gann tools
    • Fibonacci tools
    • Elliott tools
    • shapes

    These tools are commonly used for decision-making in trading, so their inclusion is a must for any reputable trading platform.

    Each chart could be displayed as a bar, a candlestick, and a line. Candlesticks are generally the most popular among traders as they suggest plenty of various patterns that are used for making trading decisions. That said, other chart types also have their advocates.

    MT5 charts are accessible even to novice traders, nevertheless they also offer enough options for experts.

    Orders

    MT5 offers all main order types including:

    • Market order. This order allows you to buy or sell the instrument at the current market price. It is used when the trader needs to establish a position in the fastest possible way. The main downside of the market order is the necessity to pay a spread, which is a difference between the bid price and the ask price.
    • Limit orders. This order is used to buy or sell the instrument at a pre-set price or better. Limit orders are suitable when the trader wants to get a specific entry point and is unwilling to pay the current market prices.
    • Stop-loss orders. These orders are used to get you out of the position when the price is moving in the wrong way. The order is triggered when the price reaches a specified point.
    • Stop limit orders. This is a stop-loss order which puts a limit order instead of a market order when triggered. This is a potentially risky way to close a position, and it should be used only by experienced traders.
    • Trailing stop orders. This order allows you to set a stop order that will move if your open position trends favorably. It is used to protect your profits in case the market direction changes.

    Different expiration types are available for all pending orders, including GTC (good-till-cancel), Today, Specified, and Specified Day.

    Markets.com Mobile App

    In this review, I have tested the Markets.com MetaTrader 5 Mobile App for Android.

    General Ease of Use

    The MT5 mobile app for Android is quite user-friendly. It provides charts, quotes, account balance info, an economic calendar, news, and other tools to help traders make informed trading decisions. As usual, traders have access to the standard MT5 mobile app. If you worked with the MT5 app before, you’ll spend little time before you will be ready to trade.

    Charts

    MT5 mobile app offers:

    • 30 technical indicators
    • 24 drawing tools
    • 9 timeframes
    • 3 chart types

    This selection of options is sufficient for mobile-based trading. Typically, the mobile app is used when the trader does not have access to the desktop platform but needs to monitor the market and open positions. While the app is helpful in certain circumstances, it is not as efficient as the desktop platform, which remains the primary solution for traders who require fast and active trading capabilities.

    Orders

    The MT5 mobile app allows you to place market orders, limit orders, and stop orders. However, trailing stops are not available on mobile trading terminals.

    Markets.com Proprietary Platform

    In-house trading platform
    In-house trading platform

    In addition to MetaTrader 4 and MetaTrader 5, Markets.com offers a proprietary trading platform that is designed with beginners’ needs in mind. The platform has a user-friendly interface featuring clean charts, prepopulated watchlists, key statistics, and related instruments.

    The platform allows trading from a chart, which is convenient. With 90 indicators available, traders will find enough options for technical analysis. In general, the platform is rather simplistic but does not have a steep learning curve, which is important for beginner traders.

    In my view, Markets.com provides a balanced platform offering that features the widely used MT4 and MT5, as well as the beginner-friendly proprietary trading platform. MetaTrader 5, extensively tested in this review, is feature-rich with a suite of chart options, indicators, drawing tools, and a variety of order types, offering a high level of customization and functionality for both beginner and advanced traders. Meanwhile, the in-house platform of Markets.com, tailored for beginner traders, provides a user-friendly interface with a manageable learning curve, promoting trading convenience and simplicity.

    Tradable Instruments

    4.2
    How Did We Test the Broker's Tradable Instruments?
    For this section, we examined the broker's market offering, assessing the variety and depth of instruments and asset classes available for trading. Through our proprietary database, we then compared the results with other brokers. This comprehensive analysis allows you to determine if the broker offers the specific instruments and trading options you're looking for.
    tradable_instruments chart

    My research showed that Markets.com’s selection of commodities and indices is very broad. Their offerings align well with industry standards.

    Markets.com provides access to 59 forex pairs, 16 commodities, 22 indices, and indices futures, 6 cryptocurrencies, 259 stocks, and 2 bonds.

    The number of available commodities and indices is high, forex pairs and stocks are moderate, while the availability of cryptocurrencies is low.

    Commodities at Markets.com
    Commodities at Markets.com

    What are CFDs?

    CFDs (Contracts for Differences) are financial instruments that allow traders to bet on price movements of securities without owning the underlying assets. The key advantage of CFDs is the access to significant leverage, which is typically not available when trading other instruments. Consequently, CFDs are very popular in short-term trading.

    What Can You Trade with Markets.com?

    • 56 forex pairs. The list includes popular names like EUR/USD and GBP/USD, as well as more exotic options like GBP/RON (British pound vs Romanian Leu) and EUR/TRY (Euro vs Turkish Lira).
    • 22 commodities. Gold, Silver, WTI Oil, Natural Gas, among other popular commodities, are available for trading.
    • 30 indices and indices futures. Traders can bet on the direction of popular indices like Dow Jones, DAC, CAC 40, and other major global indices.
    • 25 cryptocurrencies. The list includes Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Litecoin, Dash, and Ripple.
    • 293 stocks. Popular names from the U.S., UK, Germany, France, Netherlands, Spain, Czech Republic, Poland, Italy, Sweden, and Hong Kong are available for trading.
    • 4 bonds. Traders have access to U.S. 10-year note and Germany 10-year bond futures.
    Forex Shares
    EUR/USD | GBP/USD | EUR/TRY Amazon | LVMH | Xiaomi
    Indices Cryptocurrencies
    Dow Jones | DAX | CAC 40 BTC | ETH | XRP
    Commodities ETFs
    Gold| Silver| Natural Gas LIT| ERX| UNG

    Markets.com offers a diverse range of tradable instruments including forex pairs, commodities, indices, stocks, cryptocurrencies, and bonds. Traders have access to a higher number of commodities and indices. The stock and forex offerings are average for the industry, while the cryptocurrency offering covers only the basic assets.

    Customer Support

    4.5
    How Did We Test the Broker's Customer Support?
    Traders often underestimate the importance of customer support, yet it proves to be a critical aspect during times of crisis. We put the broker's customer support to the test ourselves using all possible channels, such as chat, phone, and others. Our evaluation focused on the accessibility of live agents, as well as the helpfulness and professionalism of their responses. This way, we provide you with comprehensive insights into whether a broker can deliver full support when you need it most.
    customer_support chart

    Markets.com provides support via online chat, phone, and email. My tests indicated that the broker’s support team delivers fast and professional answers. The overall experience exceeded the industry average.

    Customer support at Markets.com
    Customer support at Markets.com

    During my tests, I posed various questions to the support team. For example, I used the online chat to ask questions about the maximum leverage, inactivity fees, and account type details. The responses were quick (I waited for about a minute before getting the first answer) and professional, and it was clear that support agents’ answers were based on their own knowledge rather than a script. This proficiency is crucial for traders since knowledgeable support agents can provide assistance in unusual situations that occasionally arise during trading.

    The broker offers customer support in English, French, Spanish, Italian, Arabic, German, and Bulgarian.

    Deposit and Withdrawal

    4.9
    How Did We Test the Broker's Deposit and Withdrawal Process?
    The deposit or withdrawal process can be tricky since you may encounter hidden fees or longer than expected processing time. To assess the broker's offerings, we examined their deposit and withdrawal options and conditions. Using our proprietary database, we then compared these results with those of other brokers.
    deposit chart

    Markets.com clients can deposit and withdraw funds via credit cards, bank transfers, Neteller, and Skrill. The processing times align with industry standards, and the broker does not charge deposit or withdrawal fees.

    Markets.com Deposits

    Deposit Method Base Currencies Fees Processing Time
    Credit card USD, EUR, GBP No Instant
    Neteller USD, EUR, GBP No Instant
    Skrill USD, EUR, GBP No Instant
    Wire Transfer USD, EUR, GBP No Instant
    Local Bank Transfer USD, EUR, GBP No Instant

    Markets.com provides standard deposit options, including credit cards, bank transfers, and popular e-wallets, such as Neteller and Skrill. In this review, I focus on the BVI entity, which is available for global clients. Other entities offer additional payment methods. If you are a client of another entity, please take a look at this page to check your options. Traders should note that the broker offers a deposit bonus of up to 20%.

    Bonuses are only available for BVI FSC and FSCA entities.

    Bonus offer at Markets.com
    Bonus offer at Markets.com

    Markets.com Withdrawals

    Withdrawal Method Base Currencies Fees Processing Time
    Credit card USD, EUR, GBP No 2 – 7 business days
    Neteller USD, EUR, GBP No Up to 24 hours
    Skrill USD, EUR, GBP No Up to 24 hours
    Wire Transfer USD, EUR, GBP No 2 – 5 business days
    Local Bank Transfer USD, EUR, GBP No 2 – 5 business days

    Markets.com does not impose withdrawal fees. However, traders should be aware that third parties may apply such fees, so it’s advisable to verify this before choosing any withdrawal method.

    Account Types and Terms

    4.1
    How Did We Test the Broker's Account Types and Terms?
    When it comes to achieving your trading goals, choosing the proper account is essential. We initiated our evaluation by personally opening an account with the broker, which allowed us to gain firsthand experience of the process and accurately asses, how fast and easy it is. In addition, we carried out an in-depth analysis of the account types and features offered by the broker, including spreads, maximum leverage, minimum deposits, and more. For a comprehensive comparison, we turned to our proprietary database and examined how this broker's account offerings and processes stacked up against other brokers.
    account chart

    Markets.com offers MetaTrader 4, MetaTrader 5, and its own proprietary platform for account management. Additional options are provided to the clients, based on the size of their deposit.

    Registration process at Markets.com
    Registration process at Markets.com

    Markets.com clients can open CFD, MT4-CFD, and MT5-CFD accounts. The in-house platform provides access to blends (unique indices such as Metaverse Blend and Buffet Blend). All accounts are spread-based, meaning traders pay the spread with no commissions involved.

    Accounts at Markets.com
    Accounts at Markets.com

    Why is Choosing the Right Account Type Important?

    Choosing an account that aligns with your trading needs is crucial. Typically, the trader should consider factors such as base currency options, contract size, commission, fees, the number of pending orders/positions, and the minimum deposit size.

    What Account Types does Markets.com Offer?

    Account CFD MT4-CFD MT5-CFD

    Commission

    (excluding equities)

    No No No
    Spread variable variable variable
    Minimum Deposit $100 $100 $100
    Leverage Up to 1:300* Up to 1:300* Up to 1:300*
    Islamic Account Yes Yes Yes
    Demo Account Yes Yes Yes

    Available leverage for entities regulated by FSC (BVI) and FSCA. On the entity regulated by CySEC, the maximum leverage is 1:30.

    Markets.com offers three types of accounts: CFD, MT4-CFD, and MT5-CFD. Depending on the size of the deposit, additional features may be available such as margin call SMS, higher bonus levels, Reuters analyst research (pdf stocks), and other perks.

    What is CFD leverage?

    CFD Leverage allows traders to avoid paying the full value of the position. Instead, they pay a deposit, which is called margin, while borrowing the remaining funds.

    In the case of Markets.com, clients of the BVI-regulated entity have access to leverage of up to 1:300. This is a high level of leverage, so traders should be careful and use the appropriate risk management techniques when using the available leverage to its fullest extent. However, clients who work with the entity regulated by CySEC can benefit from much lower leverage of up to 1:30.

    Markets.com Account Opening Process

    To perform my tests, I opened an account with Markets.com. The account opening process was fast and did not take much time — I quickly went through the questions and got access to the client portal.

    To open an account with Markets.com:

    • Step 1: Go to the broker’s website and click “Sign Up”.
    • Step 2: Provide your personal information, including your name, date of birth, phone, and residence address.
    • Step 3: Answer questions on your employment status, profession, annual income, savings, amount you plan to invest, purpose of trading, and source of the funds.
    • Step 4: Read and agree to the terms and policies.
    • Step 5: Complete identity verification by uploading documents.

    What is a demo account?

    A demo account is an account that allows you to test the broker’s services and your trading skills without risking your money.

    Please note that your trading experience will differ when using a demo account compared to a real-money account due to psychological factors, as traders find themselves under pressure when real money is at stake.

    It’s a good idea to use such an account for practicing and learning the trading platform, but do not spend too much time on the demo.

    Research

    4.4
    How Did We Test the Broker's Research Tools?
    Research options offered by brokers may not be seen as the most important feature for some traders, but they can provide a competitive advantage. To assess the broker's research offerings, we personally explored and tested both proprietary and third-party tools and content, such as Fundamental and Technical Analysis, Market News, educational videos, and webinars. After evaluating the availability and quality of the overall research offering, we compared the results with our benchmark to provide a comprehensive analysis of the broker's research capabilities.
    research chart

    Markets.com offers interesting research tools integrated into its proprietary trading platform. These include financial commentary, analyst research, and sentiment tools.

    Markets.com provides news and analysis on its website, but the core of the research support can be found in its in-house trading platform. Traders have access to financial commentary, which is a news feed from several providers, such as financial bloggers, insiders, and traders. Sentiment tools have gained popularity in recent years as additional decision-making aids for traders.

    In my opinion, the research tools are especially beneficial when trading stocks as Markets.com also provides key stats and financials, as well as Thomson Reuters analytical reports for some stocks (available for clients whose deposits exceed $2,500).

    Traders can also take a look at related instruments when working with the in-house platform, which could be a useful tool for beginner traders making their first steps in the markets.

    In general, while the research offering is intriguing, it is primarily limited to the proprietary trading platform.

    Related instruments at Markets.com platform
    Related instruments at Markets.com platform

    Education

    4.4
    How Did We Test the Broker's Education Offering?
    Gaining knowledge about trading in the financial markets can make the difference between success and failure. To assess the broker's educational offerings, we personally tested and evaluated the quality of the content provided, considering its relevance for both novice and experienced traders. We explored the range of materials available, such as articles, videos, webinars, and courses. After evaluating the content's volume, update frequency, and overall quality, we compared the results with our benchmark to provide a well-rounded analysis of the broker's education offerings.
    education chart

    Markets.com offers trading webinars, an interesting podcast, along with articles and videos that teach the basics of trading. I found that Markets.com provides a well-rounded offering that will be interesting to both beginners and advanced traders.

    Traders’ Clinic show at Markets.com
    Traders’ Clinic show at Markets.com

    Markets.com has an Education Center, which provides access to a collection of articles, covering the basics of trading. One disadvantage is that these articles do not form a structured trading course. Nevertheless, beginner traders can still gain considerable knowledge from these resources.

    The webinars, which are available in several languages, cover various topics. In my opinion, the highlight of the offering is the podcast named “Traders’ Clinic”, where two traders, Charlie Burton and Ali Crooks, share insights on trading strategies, trading psychology, and other important aspects of a trader’s life.

    The Bottom Line

    Overall, Markets.com offers a comprehensive service, which includes robust educational and research tools, a swift and professional customer support team, and a user-friendly in-house trading platform. In addition to this platform, Markets.com also offers the highly popular MetaTrader 4 and MetaTrader 5 platforms.

    The broker operates under six entities globally and is regulated by top-tier agencies, including FCA, ASIC, and CySEC. This extensive regulatory oversight ensures that the broker can serve a diverse range of traders worldwide and provide a good level of safety to the clients.

    Markets.com provides access to forex pairs, commodities, indices, futures, stocks, ETFs, cryptocurrencies, and bonds. Markets.com’s offering would be especially interesting to traders working with commodities and indices, as the broker provides a high number of these instruments. When it comes to the broker’s fees, the cumulative charges are higher than the industry average. However, traders can discover good deals when they examine each tradable instrument individually. Traders have access to multiple deposit and withdrawal options, which differ a bit depending on the entity. The broker does not charge deposit or withdrawal fees, which is fairly standard nowadays.

    FAQ

    Markets.com is based in BVI.
    Markets.com has entities regulated by FSC BVI, FCA, ASIC, CySEC, and FSCA, and an unregulated entity registered in St Vincent & The Grenadines. All entities provide negative balance protection and hold clients’ funds in segregated accounts.
    Markets.com charges spreads and swap/rollover fees.
    Markets.com provides strong educational and research support. The broker has a user-friendly in-house trading platform and a professional customer support team, which operates in seven languages.
    Clients can use credit cards, bank transfers, Skrill, and Neteller to deposit money into a Markets.com account.
    The minimum deposit is $100.
    Clients can use credit cards, bank transfers, Skrill, and Neteller to withdraw money from a Markets.com account.
    It takes up to seven business days to withdraw money from a Markets.com account.
    The maximum leverage in Markets.com is 1:300.
    To open an account with Markets.com, visit the broker’s website and click on “Sign Up”
    Markets.com offers MetaTrader 4, MetaTrader 5, and an in-house trading platform.
    Yes, Markets.com offers a demo account.
    No, the broker’s terms and conditions determine scalping as “improper or abusive trading”.
    Yes, Markets.com is suitable for auto-trading.
    No, the broker’s terms and conditions determine hedging as “improper or abusive trading”.
    Yes, the UK-regulated entity is suitable for spread betting.
    No, Markets.com does not provide VPS.
    Sunday-Friday, 21:00 GMT – 21:00 GMT.

    See Markets.com Full Information

    Headquarters CountryCyprus
    Foundation Year2009
    RegulationsFSCM (Mauritius), FSCA (South Africa), CySEC (Cyprus), ASIC (Australia), FCA (United Kingdom)
    Publicly TradedNo
    Number Of Employees200
    Trading Desk TypeMarket Maker, STP
    Trading PlatformsMT5, Proprietary, MT4
    Restricted Countries
    Belgium, Russian Federation, Venezuela, Yemen, Tuvalu, Botswana, Brazil, Uganda, Syria, French Polynesia, Cambodia, Lebanon, Serbia, Mayotte, Ethiopia, Taiwan, Fiji, Vanuatu, Panama, Israel, Singapore, Japan, Libya, Mozambique, Myanmar, Philippines, Haiti, Hong Kong, South Sudan, Sri Lanka, Sudan, Saint Kitts and Nevis, Saint Lucia, Zimbabwe, Samoa, Bahamas, Barbados, Belarus, Burkina Faso, Burundi, Canada, China, Cuba, Dominica, Eritrea, Ghana, Jamaica, Jordan, North Korea, Palau, Mali, Morocco, New Zealand, Gibraltar, Iran, Grenada, Iraq, Afghanistan, Guam, Cayman Islands, Senegal, United States, Albania, Turkey, Marshall Islands, Tunisia, Trinidad and Tobago, Northern Mariana Islands, Somalia, Puerto Rico, Mongolia
    Supported Languages
    English, French, Arabic, Bulgarian, Italian, Spanish, German
    Min Deposit$100
    Max Leverage1:300 (FSCM), 1:300 (FSCA), 1:30 (CySEC ), 1:30 (ASIC), 1:30 (FCA)
    Deposit OptionsWire Transfer, Neteller, Skrill, Credit Card
    Withdrawal OptionsWire Transfer, Neteller, Skrill, Credit Card
    Time to Withdrawal4
    Time to Open an Account5
    Crypto
    Ethereum, Bitcoin, Litecoin, Bitcoin Cash, Ripple, Dash
    Products
    Currencies, Stocks, ETFs, Crypto, Bonds, Indices, Commodities, Futures
    Demo AccountYes
    OCO OrdersNo
    Offers HedgingNo
    Automated TradingNo
    API TradingNo
    Guaranteed Stop LossNo
    Guaranteed Limit OrdersNo
    Guaranteed Fills / LiquidityNo
    Economic calendarNo
    Trading From ChartYes
    One-Click TradingYes
    Expert AdvisorNo
    Social TradingNo
    AutochartistNo
    Trading SignalsYes
    Platform Languages
    Multi-lingual
    24 Hours SupportYes
    Support During WeekendsNo
    Live ChatYes
    Daily Market CommentaryYes
    News (Top-Tier Sources)Yes
    WebinarsYes
    Deposit FeeNo
    Withdrawal FeeNo
    Inactivity FeeYes

    About the Author

    Vladimir ZernovBroker Analyst

    In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

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    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.