Markets.com Review 2020
Markets.com provide traders across the globe with a large range of trading assets, tight spreads and advanced trading tools through their award-winning trading platform.
Markets.com Review 2020, Pros & Cons
- Large range of trading instruments
- Fixed spreads
- Strict regulation
- Commission free accounts
- Advanced trading tools
- Segregated client funds
- No US clients
- Professional account required for best trading conditions
- Not FCA regulated
In this detailed Markets.com review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Markets.com is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including Markets.com.
Markets.com Review: Summary
Markets.com is a regulated global provider of Forex and CFDs that offers over 2,200 trading assets to trade with tight spreads on advanced and user-friendly trading platforms. They provide thousands of real-time quotes to over 5 million registered accounts with hundreds of billions in annual trading volume processed via their powerful trading technologies.
Markets.com is operated by one of the world’s fastest growing Forex and CFD providers, Safecap. Safecap is a subsidiary of Playtech PLC which is traded on the London Stock Exchange’s Main Market and is a constituent of the FTSE 250 Index.
Markets.com were voted as having the best Forex Trading Platforms in the 2017 UK Forex Awards. Through their powerful and user-friendly web and mobile platforms, traders have access to a large selection of assets such as Forex, Commodities, Shares and Indices. Clients also benefit from personalised training, dedicated customer support in multiple languages and a wide range of advanced analysis tools.
Markets.com have tight fixed or variable spreads and offer traders commission free accounts, with flexible leverage of up to 1:300. EU client leverage is restricted to 1:30 due to European Securities and Markets Authority (ESMA) restrictions.
Markets.com Review: Regulation
The Markets.com group includes 3 regulated companies for their global offering. The group has offices in Europe, Australia and Africa. Each office is regulated by the relevant authority in their jurisdiction. The sheer size and scale of Makets.com allow them to provide a more relevant offering that reflects where in the world a trader is located, including local regulations.
Markets.com AU is located in Australia and regulated by the Australian Securities and Investments Commission (ASIC), Markets.com CY is located in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). Markets.com SA is located in South Africa and regulated by the Financial Sector Conduct Authority (FSCA).
This regulation across multiple jurisdictions means that they must follow strict regulatory and compliance rules in each and every aspect of their operations including financial reporting, client asset management, segregation of client funds and more.
Markets.com client funds are held in segregated bank accounts which ensures that these funds cannot be used for any other purpose. Traders also benefit from negative balance protection whilst eligible claims may be entitled to ICF investor compensation of up to €20,000 (CySEC, EU).
Markets.com Review: Countries
Markets.com accept clients from most countries excluding residents of certain jurisdictions including Japan, Canada, Belgium and USA. Some Markets.com broker features and products mentioned within this Markets.com review may not be available to traders from specific countries due to legal restrictions.
Markets.com Review: Trading Platforms
You can trade online with Markets.com award-winning trading platform that includes an abundance of features which can be customised to individual needs. Features are created using proprietary algorithms unique to Markets.com, including a shortlist for your favourite trading instruments, multiple chart views and advanced trading tools.
The platform is fully responsive and available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The mobile platform is useful if you wish to analyse the markets and manage trades on the go. Getting started is easy with a short online sign up form to complete in order to get access to the platform and start trading on a demo or real trading account.
Markets.com also offer the popular MetaTrader 5 trading platform available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
Markets.com Desktop Trading Platform
Markets.com provide their proprietary trading platform for use on desktops and laptops, with all features and customisation abilities.
Interactive User Interface
The platform has a responsive user-friendly interface for an enjoyable trading experience. Each feature can be accessed directly from the platform in just a few clicks.
Advanced Trading Tools
Through the platform you can choose multi-chart view which gives advanced charting with innovative analysis tools and free real-time quotes, directly within the platform. You can use the vast selection of technical analysis tools to scan the charts for potential trading opportunities.
Free Demo Account
If you wish to trial the platform and trading conditions, Markets.com offer free unlimited demo accounts for you to practice on.
Risk Management Tools
There are a range of advanced risk management tools incorporated within the platform so you can manage your trades by easily placing stop losses, take profits and more.
Markets.com award-winning trading platform comes with excellent customer support that are on hand to assist you with your questions and technical issues via phone, email or live chat.
In addition to the desktop trading platform, Markets.com also offer traders an innovative mobile app that has many of the same features and is developed in-house. The app is available for all Android / iOS smartphones and tablets.
This user-friendly mobile trading app allows you to trade on the go whilst still having access to a range of dynamic tools and the latest trading technology. The app is available by completing the short sign up form on the Markets.com website or via the App Store and Google Play.
Markets.com Web Trader
If you prefer not to download any programs or apps, then you may consider the Markets.com web trader platform. This runs in your browser and offers the same features including advanced research and trading tools to assist you with your trading.
Markets.com Review: Trading Tools
Markets.com have a good selection of trading tools for traders that can be used to conduct advanced market analysis and improve the efficiency of your trading. With these tools you are able to customise charts, identify potential trade setups, build and save trading strategies, research market news, place and manage trades.
Fundamental analysis involves the study of economic releases and company reports to help with trading decisions. Markets.com have a set of tools that can be used for fundamental analysis including economical calendars that you can set alerts on.
Events & Trade
The unique event & trade analysis tool uses forecasts from more than 30 leading global economists who analyse historical asset movement to provide you with statistical predictions for future market movements based around economic data. They cover the instruments that may be affected and the level of impact these events could have on the market. You can trade from within the tool in just one click and check historical market reactions to events.
With the advanced alerts tool, you can customise alerts to be sent via web, email and mobile notifications. These alerts can be set based on specific prices, moves in percentages, Markets.com Traders Trend gauge or when analysts change their price targets on stocks. You can also set yourself event reminders to make sure you stay up to date with the latest market movements.
The economic calendar lets you see historical and real time news releases that can be filtered by day, week, month, country and impact. This is a useful for filtering news that is most important to your own trading strategy and finding potential movements in the markets that you are tracking.
In addition to the fundamental analysis tools, Markets.com provide clients with some technical analysis tools which can be used to study historical price movements and volume in order to anticipate potential future movements.
Trading central combines the research from analysts and automated analysis to assist with your trading. The indicators in trading central can provide insights into market momentum, forecasted volatility and movement, and more. It is available in multiple languages and can be placed on your favourite asset charts with suggested entry and exit points.
The real-time trending now feature shows you some of the biggest market movers to help find new trading opportunities by showing assets in multiple categories suited to different trading styles.
The multi charts tool provides a quick and easy way to compare the performance of multiple different assets simultaneously. You can compare performance at the click of a button based on a number of factors.
There are over 80+ technical indicators that can be used to analyse trading instruments. These include the most popular indicators such as Moving Average, Bollinger Bands, RSI, Stochastics, MACD and more. You can add multiple indicators to the same chart, change parameters and use them on multiple time frames of your preferred assets.
Markets.com also offer sentiment analysis tools that combines trader’s data to show you what the overall market sentiment is. These can tell you the volume and positions that are long and short on a particular asset.
The analyst recommendations tool is integrated into the Markets.com platform and combines the real-time sentiment of leading financial analysts and experts to provide traders with recommendations that are measured by their accuracy and given a ranking of between 0 and 5. You can place trades from within the app using the buy and sell buttons.
The insider traders tool uses data on what position company insiders are taking on leading US stocks. It combines transaction of over 36,000 insiders using proprietary algorithms to aggregate insider transactions and display them in a user-friendly manner on a centralised dashboard. The tool shows if the insider sentiment of the past 3 months is positive or negative based on total trade volume and direction. You can place trades from within the app using the buy and sell buttons.
Bloggers Opinions Tool
The bloggers opinions tool show the sentiment of over 50,000 financial market commentators who are rated based on their accuracy in the past. You can see the assets and direction they are trading, the overall sentiment data and take trades from within the tool using the buy and sell buttons.
Hedge Fund Confidence
The hedge fund confidence tool shows you what the top performing hedge funds have been buying or selling in the previous quarter. Top hedge funds are determined by those that generate the highest return based on their stock portfolio. You can see if they have opened, closed, reduced or increased positions and take the same trades using the tools built in buy and sell buttons.
The traders trend tool shows you the positions of other Markets.com traders across thousands of financial instruments. This can be used to trade with or against the crowd using a contrarian trading strategy. You can set email, web, pop-up and mobile alerts when the sentiment reaches a certain percentage, e.g. If 85% of traders are buying the asset.
Markets.com Review: Education
Markets.com have a knowledge centre where you can expand your trading knowledge and understanding of the markets. From learning the very basics of trading for beginners to how to use trading tools, there is a wide range of tutorials and guides for everyone.
The video tutorials within the knowledge centre teach you how to use the Markets.com trading platform and trading tools. They are easy to follow with plenty of useful tips that can help you to be accustomed to the platform and tools. Subjects include how to open and manage trades, performing technical analysis and more.
Markets.com Review: Trading Instruments
Markets.com offer traders a large range of trading instruments including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs & ETFs. They also offer other specific trading assets as Blends and IPOs.
There are over 60+ minor, major and exotic FX pairs to choose from whilst they have one of the largest online brokers selection of over 1,800+ Stocks.
Markets.com Review: Trading Accounts & Fees
Markets.com offer a range of trading accounts from their global offices so you can choose an account according to your location and trading needs.
Leverage of up to 1:300 is available and will vary depending on your country due to restrictions in some jurisdictions. Minimum deposits start from just $100 whilst spreads can be fixed or variable. No commission is charged on fixed spread accounts. This does mean that spreads will be marked up to cover costs.
If you qualify as a professional trader you can apply for the Professional account which can give increased leverage and tighter spreads. Professional traders can also enjoy a dedicated relationship manager to handle account queries.
As broker fees can vary and change, there may be additional fees that are not listed in this Markets.com review. It is imperative to ensure that you check and understand all of the latest information before you open a Markets.com broker account for online trading.
Markets.com Review: Customer Service
Markets.com have a large FAQ section on their website covering a wide range of topics and a support team on hand 24/5 to help answer all of your questions and technical queries. Multilingual global customer support is offered via live chat, telephone and email. Support languages include English, French, Spanish, Italian, Arabic, German, Bulgarian.
Markets.com Review: Deposit & Withdrawal
Markets.com accept all major credit cards, e-wallets, local payment methods and wire transfers. Funds are always returned in the same method you used to deposit. They do not charge any commissions or fees on deposits or withdrawals. Bank transfers may take a few business days to clear.
Accounts can be opened in USD, AUD, DKK, EUR, GBP, NOK, PLN, SEK & ZAR. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
You have full access to manage your account over mobile or web. Both platforms support immediate deposits, fast withdrawals and uploading of documents.
Markets.com Review: Account Opening
Opening an account with Markets.com is quick and easy. You simply complete the short online form and verify your details. You can then fund and begin trading on your account. If you need help during the process or are not sure what account type to choose, the support team are available to assist.
Markets.com Review: Conclusion
Markets.com provide traders across the globe with a large range of trading assets, tight spreads and advanced trading tools through their award-winning trading platform. They are regulated in multiple jurisdictions, offering flexible leverage and accounts to suit different types of traders.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.