Markets.com general information
|Founded in:||2006 year|
|Minimum Deposit:||100 $|
English, Arab, Greek, Danish, Spanish, Italian, Dutch, Norwegian, Polish, Russian, Finnish, French, Czech, Swede
|Deposit currency:||USD, EUR, GBP|
English, Arab, Greek, Italian, Deutsch, Dutch, Norwegian, Polish, Russian, French, Czech, Swede
CySEC (Cyprus) license №092/08 |
|Mobile trading:||iOS, Android|
|Types of offered accounts:|
Unlimited Demo Accounts, Standard Accounts
|Size of no-deposit bonus:||25 $ |
All you need to do to receive your free $25 Award is sign up for an account
Markets.com Forex broker description
Markets.com is a global brand in the vast foreign exchange sector and is operated by TradeTech markets which isheadquartered in Umhlanga South Africa. The trader has been on the business for quite some time and has been able to gather the relevant experience in offering the best terms to its clients as well as knowing how to deal with them. This is also compounded by the fact that it has a presence in many countries worldwide hence has a wide base in trading. This is evident in them offering their services in many different languages.
The Markets.com Real Account
The real or standard account is the account most users sign up for. It is suitable for both new and experienced customers. This account offers perks such as:
- Provision of real-time quotes.
- Advanced charting and analysis tools.
- Can trade using cryptocurrency units notably the Bitcoin.
- Low commissions and tight spreads.
The Markets.com Demo Account
This is another account that a client can sign up for in the Markets.com platform. The demo account, unlike the other accounts, does not deal in real money and hence does not allow you to trade. It is basically an account that will help clients, mostly those who are new to the forex trading concept on what it is and how to execute trades.
The Company. Security Of Funds
The firm has ensured that it has the most qualified personnel, suitable to professionally deal with any arising issue facing the clients as well as offering top-notch advisory services where needed. This goes a long way in boosting the customer experience of clients affiliated to this platform. This is much hinted at Markets.com customer comments and reviews. Where you can get more information and reviews about the broker.
Minimum Initial Deposit
The minimum initial deposit required for your account to start operation in trade executions stands at £100. This is quite affordable for a trading account and will act as your initial trading stake as well as a leverage factor in the trades you place.
Clients can use up to 1:300 leverages to trade large positions with a small sum in capital.
This platform comes with a lot of benefits for its users and includes:
- Superb charting devices that make it easy for data analysis and also recording.
- Versatile as it functions in a host of devices not limited to android operated devices, IOS operated devices and also a web-based site. This makes it easy to trade irrespective of your location but with your respective accessible.
- Provides an interactive user interface that is very easy to use and fast in execution.
- Provision of advanced trading tools such as the earlier hinted charting tools and risk management tools that provide the stop loss order command to prevent further losses from being incurred. A real time-quotes is also provided among these many tools.
- Offers a free demo account that gives tutorials on how to trade and is very supportive for new clients with no experience in forex trading.
- The Markets.com platform also provides a superb customer support feature evident in the mail, live chat or through the phone.
- Enhanced customizable features that can be tweaked to meet a client’s preference.
The following are the promotions currently running on Markets.com site.
- Get $25 no deposit risk-free trading upon opening a real account. This offer, however, is not available to some countries such as Kenya, Burundi, Bangladesh, Bahamas and Egypt among many other listed countries
- Get a free e-book on trading.
- Get a personal one on one training inclusive of 12 educational video session on signing up for an account.
- Get weekly rebates on your trading as a cashback promotion scheme.
Deposit And Withdrawal Methods
Cash transactions at Markets.com are quite straightforward and are generally hassle-free. On deposits, the site charges no fees at all and accepts credit cards, wire transfers, e-wallet payments, WebMoney and local payment methods. The modes accepted include MasterCard, visa, Skrill, Neteller, Wiretransfer and Paygate.
Withdrawals are also simple to execute from this site and will need you to submit a withdrawal request and your funds will be disbursed on the mode chosen. It may, however, take some time for you to receive the funds.
Outside bank fees may also be incurred for money transfer modes not within the domain of Markets.com. However, for deposits worth $ 2500 and over, the costs will be covered by the site.
BRIEFLY ABOUT Markets.com
Among the best trading platforms that you can ever come across that combines the elements of ease in usability as well as versatility. This is a forex trader that is easily recommendable for both new and experienced customers as it will serve them alike to their satisfaction. Their demo account is a plus and will help newcomers to the forex world have a great time learning the basics.
Trading accounts of Markets.com
|Trading platforms:||MetaTrader 4, Market Mobile Trader|
|Minimum Deposit :||100 $|
|Deposit currency :|
USD - US Dollar
EUR - Euro
GBP - British Pound
Number of currency pairs: 50
Amount of assets : 2500
Entry to stock exchanges
Minimum position size:
Max. number of orders:
Contacts of Markets.com
Recent customer reviews of Markets.com
Advantages: High trust score, good trading conditions, professional customer support that helped me many times
Disadvantages: Minimum deposit is $100, and it may be high for some traders. Pretty expensive broker, far from being competitive.
Comment: I was hesitant about working with this broker because minimum deposit there is pretty high, comparing to other brokers, and I think it could've been lower. In general, trading costs there are pretty high, so I think it's not the best option for novice traders. But in general, I don't regret turning to this broker, and customer support there is actually good that does all the best to help you with your problem, and that's not something that many brokers can provide.
Advantages: Licensed Broker Low amount of the first deposit Fast execution of orders Strong training base
Disadvantages: No cent accounts
Comment: Really decent conditions. I trade all liquid instruments, from indices to binary options. Of course, I have a pro account to satisfy all margin conditions. On the other hand, you can open a standard one from $200. All the conditions will differ in is the absence of additional trading applications, such as autochartist or mt4 genesis. But these are just additions. My trading is based on basic principles, so I don't see any difference between accounts. Another difference is that a commission is paid on the miscalculation, but spreads on the standard do not worsen the overall picture for many. Therefore, you can safely open the standard one without extra overpayment.
Advantages: Broker reliability Stable operation of the terminal A lot of trading tools Professional technical support Quick withdrawal of earnings High-quality analytics
Disadvantages: Problems with the withdrawal of earnings Incompetence of individual managers
Comment: I have been trading with the broker Markets com for about three months. On a standard account, spreads start from 2.2 points. Basically, the average indicator on Forex, I have worked with brokers and with higher spreads. There were no problems with withdrawing funds, but the money does not come to the card immediately: you need to wait about two days. There are no special complaints about the broker. MT4 almost always works without freezes, and even the mobile version of the terminal is quite stable.