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Markets.com Overview
Markets.com, established in 2008, has grown into a reputable brokerage firm known for its diverse range of trading instruments and user-friendly platforms. Below is an in-depth look at various aspects of Markets.com, tailored for Trade Forex’s audience, ranging from beginners to seasoned traders.
Regulatory Compliance and Safety
- Markets.com operates as a global brand under Safecap Investments Ltd, headquartered in Cyprus.
- It adheres to regulatory standards set by multiple authorities: Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA) in the UK, Financial Sector Conduct Authority (FSCA) in South Africa, Australian Securities and Investments Commission (ASIC), and the Financial Services Commission (FSC) in Saint Vincent and the Grenadines.
- Notably, Markets.com is part of the FTSE 250 index company, Playtech PLC.
Trading Platforms and Instruments
- Markets.com offers two primary platforms: Marketsx for independent trading and Marketsi for investors.
- Platforms such as MT4 and MT5 are also available, known for their advanced trading tools and clear interface.
- The broker provides access to over 2,000 trading instruments, including stocks, bonds, indices, currencies, cryptocurrencies, commodities, and ETFs, all with zero commission.
Accounts and Leverage
- Markets.com maintains a straightforward approach with a single account type.
- Leverage varies based on the trader’s location: up to 1:400 in Australia and a maximum of 1:30 in the EU, following ESMA rules.
Fees and Deposits
- The minimum deposit requirement is $250.
- While the deposit and withdrawal processes are free and efficient, Markets.com is noted for its high forex fees and a limited product portfolio focused mainly on CFDs and forex.
Advanced Features and Tools
- Markets.com excels in providing high-quality research tools, including trading ideas and interactive charts.
- They offer a suite of advanced tools such as technical indicators, sentiment analysis, analyst recommendations, insider trades information, and a unique bloggers opinions tool.
- These features are particularly beneficial for traders who rely on technical analysis and market sentiment to inform their strategies.
Educational Resources
- The broker places a strong emphasis on education, offering a knowledge center with a wide range of tutorials and guides.
- Video tutorials are available to help traders familiarize themselves with the trading platform and tools.
Customer Support and Services
- Markets.com is praised for its responsive and multilingual customer support, available 24/5.
- The broker provides a comprehensive FAQ section and support via live chat, telephone, and email.
Withdrawals and Funding
- A variety of payment methods are supported for deposits and withdrawals, including credit/debit cards and electronic wallets.
- Withdrawal times vary depending on the method, but the process is generally swift and user-friendly.
Conclusion
Markets.com stands out as a well-regulated broker with extensive experience, offering attractive trading conditions and a wide selection of assets. The unique platforms, along with powerful technical optimization solutions, make it a reliable choice for traders. However, it’s important for traders to consider the high forex fees and the limited range of products outside of CFDs and forex.
Your experiences and opinions are valuable to us at Trade Forex. We encourage you to share your insights about Markets.com and explore our extensive Forex broker ratings for further information.
