Markets.com Forex Broker Review
| Leverage | 1:200 |
| Minimum Deposit | $100 |
| Minimum Lot Size | 0.01 Lot |
| Broker Type | Market Maker/STP |
| Deposit methods | Paypal, Credit Card, Bank Wire, GluePay, WebMoney, Liberty Reserve |
| Spreads/Commission | Floating, Fixed (3Pips onwards) |
| Regulation | FSC, CySec |
| Trading Platform | MT4, WebTrader, JavaTrader, MarketTrader, AutoTrader |
| Restricted Countries | US, Israel |
Markets.com is a very popular online forex broker operated by SafeCap Investments which was previously known as Arbat Capital Limited. Regulated by CySec in Cyprus and by the FSA in the UK, Markets.com is a strong and reliable forex broker that pays due attention to all aspects of forex trading and can be aptly seen by the efforts taken especially in aspects of branding.
Markets.com was established by veteran entrepreneurs in the foreign exchange trading with over 30 years of combined trading experience. Markets.com is a flexible forex broker that is suited for both beginners as well as professional forex traders.
Markets.com – Types of Accounts
Traders at Markets.com can choose between three types of trading accounts, namely:
- Mini Account: The Markets.com mini trading account receives a Welcome Bonus of up to $250 and can access the News to Mobile service for $20/month
- Standard Account: The Markets.com standard account holder receives a Welcome Bonus of up to $2,000 and can access our News to Mobile service for Free
- VIP Account: The Markets.com VIP account holder has unlimited access to his or her own Personal Market Dealer. As part of the VIP Package, the VIP account holder receives unlimited access to our News to Mobile Service plus Free FX Signals (SMS)
Markets.com bonus T&C’s
In order to withdraw your bonus from Markets.com traders must execute a minimum trading volume of $10,000 for every $1 bonus. For example, if you receive a $100 bonus you will need to have a minimum trading volume of $1,000,000 in order to withdraw your bonus.
Please note: you may withdraw funds from your account before reaching the minimum trading volume; however, by doing so you forfeit the bonus amount.
Markets.com – Trading Platforms
Markets.com offers four different types of trading platforms, although each platform offers the same technical analytical capabilities for the most part, the difference is in the platform’s accessibility and security features.
MT4 Trading Platform: Trade Forex and CFDs with MetaTrader 4, the powerful platform that professional traders rely on! MetaTrader 4 allows you to take advantage of one-click, at-best order execution, advanced technical analysis and unmatched automation capabilities! Plus, access a wide range of Indicators and Charting Tools and create/ install tailored Expert Advisors (EA’s). With MetaTrader 4, all this and countless other functions will optimize your online trading experience!
MarketTrader: MarketTrader is a comprehensive Foreign Currency and CFD trading platform. This downloadable, windows-based platform is easy to install and operate, and comes with a flexible, one-click drag-and-drop interface. Trade from real-time charts and use professional analytical tools to execute your trading strategy.
Market WebTrader: Market WebTrader is a user friendly web platform which synchs up to your MT4 account. This state-of-the-art platform gives you access to the markets from any computer and offers all the functions you need to trade successfully.
Market Java Trader: With no download or installation required, Market Java Trader is geared towards traders who require greater accessibility.Packed with all the powerful features of MarketTrader, Market Java Trader is web-based and allows you to trade from any browser. To Start Trading with a Live Account, take advantage of our web-based Market Java Trader. Or, if you want to practice first, use Market Java – Practice Trader.
Markets.com – Deposits and Withdrawals
Markets.com offers a variety of deposit and withdrawal methods that includes:
- Credit/Debit Cards
- GluePay: GluePay is a real-time bank transfer service based in Europe (Scandinavia). GluePay is a fully automatic service with no amount limits on deposits and withdrawals
- Liberty Reserve: The Liberty Reserve eWallet allows you to keep a small balance handy when quick payments are required.Liberty Reserve provides personal, live, one-to-one chat with a customer support representative to answer your questions. Utilizing the most advanced and secure tools, among other benefits you can make payments without revealing your account number to the recipient
- Bank WIRE Transfer
- WebMoney: WebMoney is a powerful system that enables Internet users to conduct safe transactions in real time using WebMoney units (WM-units). Enjoy the security and peace of mind you would ordinarily expect from Internet banking as your private financial details are kept safe between you and your financial institution.
Markets.com Conclusion
What makes Markets.com interesting are their unique features that includes multple regulation by various financial institutions as well as the “welcome bonuses” offerex by Markets.com that reward customers for high trading volume. The low initial deposit requirement of $100 makes it easy for just about any trade at any level of expertise to open a trading account with Markets.com.
- Trading Assets: Markets.com offers a wide range of currencies and CFD’s to trade. The currency asset index from Markets.com includes several exotic currency pairs, such as the Scandinavian currencies (DKK, SEK and NOK) or Asian currencies such as SGD and HKD can be traded against both the dollar or the euro.
- Execution: Markets.com has a platform that execute currencies very quickly, with only two clicks to buy or sell a currency pair. Traders have four different trading views: advanced, beginners, medium and standard.
- Spreads: Starting from 3 pips spread on the leading currencies, the spread for trading gold is 70 cents, silver is 6 cents and for oil only 5 cents. Markets.com offers a truly competitive spreads.
- Customer Support: A 24-hour customer support from Sunday night until Friday evening, traders can contact Markets.com easily via phone, e-mail or live chat.
- Trader Resources: Traders can get forex news delivered in real time via SMS for $100 per month. A series of advanced resources for currency trading are, for example, Markets.com’s tools for technical analysis and trading robots.
