Markets.com has become synonym for trading. This global brokerage has carved its own piece of the global brokerage market. They offer almost unlimited access to CFD trading on Forex and other markets. Owned by Safecap Investment Limited, the broker is regulated by CySEC on Cyprus and by South Africa’s FSB.
Some of advantages of Markets.com is a long list of markets where CFDs can be traded, and many platforms traders can use to trade. Markets.com also offers market analysis and trading education opportunities for traders.
Markets.com Leverage
As most of CFDs and forex brokers, Markets.com offers an instant demo account that can be created in order to start trading with virtual money without risking your own money. While many believe this beats the purpose of trading CFDs online, demo account has its advantages. Obvious one is that sometimes, experienced traders want to test drive broker and the platform. Beginners want to see how trading works without having to deposit their own money, so there are obvious pros to using a demo account.
Starting a demo account will take you to the web trader if you are accessing from the home desktop computer. Recently mobile phones are also an option, but in order to see the full platform and all the charting tools, we recommend using the desktop computer until you get more experienced. The amount of virtual money that is awarded is €10000.
Markets.com also has negative balance protection policy for all clients. This means that even with leveraged products like CFDs, the trader never loses more then she invested. The maximum leverage is 1:300, but only for experienced traders. Less experienced traders will have to be satisfied with 1:50 leverage.when trading currencies.
Markets.com MT4
The trading platforms offered by Markets.com include the Webtrader, mobile applications and, also available, are MetaTrader MT4 accounts. Webtrader is obviously reachable through the web browser, while mobile applications need to be downloaded, same as the MT4 platform to use with MT4 accounts.
There isn’t much new to report on the platforms since they have become golden standards across the online CFDs and Forex trading industry. Few notable features to improve the attractiveness of the platform are trending assets tab and traders’ trends info.
Trending now lists several categories of assets according to their performance generally showcasing the direction of the market. Top risers will show best performing assets, while, on the other side, the Top fallers will show worst performing ones. Anyone following financial news network is used to these reports, and now they are built into the interface. Other categories are top volatile, 52 week highs and lows and assets in uptrend/downtrend (takes daily changes in last 10 days in consideration).
Markets.com Trading and Charing Tools
Traders trend shows a bar chart where negative and positive share a 100% bar. One side is prevailent at any time showing the general direction traders are swaying. The Traders trend is an sentiment indicator and is not meant to be the sole variable when considering what trades to place.
Markets.com APP
Another cool feature with Markets.com is weekend trading which is available through cryptocurrencies markets – Bitcoin, Dash, Litecoin, Ripple and Ethereum are available. To see why its better to use CFDs to try to gain in the crypto markets, read our cryptocurrencies guide article. Markets.com limits crypto trading leverage to 1:10.
Markets.com app is a great tool for trading since it does not require that you sit in front of your computer. You can place your trades and check the markets from your mobile phone.
Markets.com Support
Markets.com website is translated in 15 languages. Traders speaking English, German, Greek, Arabic, Italian, French, Czech, Danish, Suomi, Norwegian, Polish, Russian, Spanish and Swedish will be able to use it in a language they can understand.
In case they need help, a support center is available on the Markets.com website. It has a very handy search bar that enables traders to search for terms they want to know more about. In case they cannot get answers and solve issues that way, they can always use email, contact form, phone or live chat to contact Markets.com support personnel. Even in the unlikely case they have a complaint, the broker has set a link in the Contact page explaining how to file a complaint.
Markets.com Minimum Deposit
As we already mentioned, Markets.com is regulated retail trading broker. The company info is presented transparently on the website ensuring a high level of trust towards clients.
Depositing process is very straightforward and starts in the trading platform. Markets.com minimum deposit is $/€/£ 100. This is a very reasonable amount, but the most optimal amount will naturally depend on your trading style, leverage desired, margins etc.
Deposit methods are
- Credit cards
- Bank wire
- Skrill
- Neteller
- Paypal
We really like the addition of PayPal which is a payment option used much more widely than most other online wallets. There are no fees charged directly from Markets.com, but your payment provider might charge some fees. For deposits of more than $2500, Markets.com wil reimburse the trader for those external fees.
Markets.com Withdrawals
Withdrawals processing is fast and equally simple. Just make sure to verify your account. For this the broker needs scanned documents from the trader. A scan of the ID, utility bill and a proof of payment method (scan of the credit card or similar). Minimum withdrawal amounts differ between payment methods
- Credit cards: min. $/€/£ 10
- Bank wire: min. $/€/£ 100, or €20 in EU
- Net wallets: min. $/€/£ 5