Markets.com Review

MIN. DEPOSIT $200
Up to 200:1
$25 BONUS
0 Users (0 votes)
Odds0
Services0
Support0

Overview

1.Company information Markets.com is a prime example of how a company can evolve and develop over the course of time. It is what many people in different industries call business… more

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Details

BrokerMarkets.com
Website URLhttp://www.markets.com/
HeadquartersNicosia, Cyprus
Support Number+44-20-3150-0380
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, Italian, German, Arabic, French, Czech, Danish, Dutch, Finnish, Greek, Hungarian, Lithuanian, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Slovene, Spanish, Swedish
Minimum 1st Deposit$200
Minimum Trade Amount0.01 lot
Maximum Trade AmountDepending on the instrument
Bonus$25
PayoutUp to 200:1
Free Demo AccountYes
Regulated Yes
RegulationCyprus Securities and Exchange Commission (CySEC)
Deposit MethodsVisa, MasterCard, Maestro, Skrill
Withdrawal MethodsVisa, MasterCard, Maestro, Skrill
Types of AssetsForex, Shares, ETFs, CFDs, Indices
Account CurrencyAny currency
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

1.Company information

Markets.com is a prime example of how a company can evolve and develop over the course of time. It is what many people in different industries call business evolution rather than revolution. The company started in 1989. The name of the founder is Peter Cruddas, who gave the beginning in London. However, today the company has more than ten physical offices in the biggest and most influential markets in the world like Moscow, Paris, Singapore. The number of clients for the trader is always growing thanks to their excellent reputation and will to change and adapt to the new and rapidly evolve environment. Another reason for the development of the company is the tremendous variety of options and alternatives which can trade their clients. There are little options and trading instrument which this group does not support or cannot give access to.

Because of the many offices and branches, the regulation and the licensing of such vast corporation is not easy. The regulatory authorities in England, Italy, Sweden, Germany, France and many other countries apply regulating pressure upon the company.

 

2.Trading Information

The opportunities for trading with Markets.com include shares, commodities, indices, and Forex. This is typical for a company created by the boom of the Internet.

The Forex trading includes all the primary currency pairs. All pairs are separated into three groups – majors, minors, and standard – most modern. The number of these coins is above fifty. The leverage for all minors and majors is 1:200 and the spreads are low starting from 0.2 pips. The situation with the exotics is quite different. The leverage there goes to 1:50 or even 1:25. The Spreads start at 2.5 and go up to 1000 with pair EUR/RUB.

Bond trading is the next option the trader offers. There are five bonds on offer with spreads starting as low as 0.6 and going up to 0.8 for the Japanese ten years bonds. The leverage for all of these is 1:100.

Indices – there are over 30 indices on offer to trade. Their spreads start at 0.19 for the Amsterdam25 and reach 100 for Japan25 or Moscow50. The leverage also varies from 1:5 to 1:100.

Commodities are one of the oldest markets in the world. It is the developing variant of what trading was like in the past. Gold, Sugar, copper, wheat and many other commodities can be found here. The leverage is from 1:10 to 1:100. The spreads can go as low as 0.5 and up to 10.

All shares offered on the market are reachable with this broker. The names of the companies are in alphabetical order on the website so that they can be found easy.

CFD trading is also part of the portfolio of the enterprise. CFD are very popular among traders at the moment as they are easy, simple and allow decent profits.

 

Except OCO order, all other tools account management can be used here. Scaling, hedging, and demo accounts are also an option.

 

  1. Trading platforms

All platforms which the trader uses are in-house developed and specially designed to meet the high requirements of the clients. There are Market apps both for Android and iOS. These are user-friendly, dynamic trading tools and are more stable and secure than most modern mainstream trading platforms. This allows the traders to have more confidence and trade better.

Markets.com web Trader

Again in-house developed platform right for usage from old and new clients. With it, on just a click away are all the researchers and tools needed to a trader to make good analyses and to close a profitable deal.

The web trader platform is browser based and gives the chance to trade without any downloads but directly from the browser.

They also have a particular section allowing trading on MT4 where the clients can open a free account or start a demo one to practice.

 

  1. Security and customer service

Security of clients is a primary concern for all trading companies, so Markets.com want to rise to the standards they implement firewalls and SSL encryption. These technologies along with purely financial moves guarantee the clients quality, security and safety for the assets.

The names supported from the support team are Chinese, English, German, Italian, French, Spanish, Swedish. The other preferable ways to connect the trader are via phones, chat and emails, complaint form and online form.

 

  1. Deposits & Withdrawals

Making a deposit with that trader is extremely simple. They work with all the outstanding and significant credit and money transfer institutions like e-wallets, local payment transfer methods, and wire transfers. No commission or fees charge the clients of Markets.com when they are making deposits. That is a common practice these days but when Markets.com twenty years ago was doing it, it was something not many brokers did.

Withdraws are easy to make. No commission or fee charges the client during the procedure. The only condition to consider when doing the withdraw is the method the customer’s users should match the one he/she made a deposit with. In other words, if you make a deposit with a credit card this is how the withdrawal will be.

 

  1. Deposit Bonus and Loyalty Programs

 

The trade offers only one type of gift – a $25 deposit bonus. The clients can withdraw the bonus when for every dollar of it there are $10 000 of trading volume. The number of gifts is limited to one for every computer or, therefore, household to introduce more fairness. This same bonus is not available in several countries due to different reasons. Some of these countries are China, Cuba, Turkey and many others.

 

 

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