Markets.com brokerage firm was founded in 2006. Its head office is situated in Nicosia, the capital of Cyprus. Markets.com is owned by holding company Safecap Investments Ltd – powerful investment company that has a wide network of offices all over the world.
Markets.com broker has good reputation among traders and investors. It is widely used by independent and institutional traders, large investment funds.
It became popular because of its service quality. Trading environment, created by company’s experts, attracts users by its wide set of trading instruments. Tight business relations with leading banks and insurance companies allow to secure clients’ assets, thus growing company clients base and helping its clients to succeed.
As for June 2015, Markets.com provides access to forex market for 200 000 clients from more than 120 countries.
Money Deposit and Withdrawal
To deposit and withdraw money, clients can use:
- Wire transfer;
- Visa and MasterCard debit/credit cards;
- Online payment systems: Webmoney, Paypal, Liberty Reserve.
All payments are executed without broker’s commission. Wire transfer is done within 1-3 business days. Markets.com bank partners execute payments with 0 % commission.
Online payments are performed during 1 business day. Withdrawal orders submitted before 12.00 GMT, are executed the same day. Orders submitted after 12.00 GMT are executed the next day.
Markets.com works according to EU legislation. Besides, its financial activities are regulated by:
- Australian Securities and Investment Commission (ASIC);
- Cyprus Securities and Exchange Commission (CySEC);
- South African Financial Services Board.
According to Moody’s estimation, Markets.com has A1 – A3 credit rating.
Company pays great attention to assets security and development of comfortable and safe asset management. One of the ways to achieve these goals is opening a segregated account that allows keeping money separate from company’s funds.
KPMG audit company confirms that clients’ assets are kept separate from company’s funds in the largest European banks.
Therefore, it is safe to say that Markets.com is one of the most reliable and highly liquid forex brokers.
Bonuses and Special Offers
Markets.com offers only one bonus program. According to it, client gets 10% bonus of the initial deposit. Bonuses are aimed for trading. You can withdraw money from trading account only after the trade turnover conditions are met.
Trading Account Types
Markets.com clients can use three types of trading accounts:
- Mini. Minimum deposit – 100 USD. Minimum trade size – 0,01 of lot. Fixed spread – 3 pips;
- Standard. Minimum deposit – 2500 USD. Minimum trade size – 0,01 of lot. Floating spread. Minimum spread – 2,2 pips;
- VIP. Minimum deposit – 20 000 USD. Minimum trade size – 0,01 of lot. Floating spread. Minimum spread – 2,2 pips.
Standard account owner can use scalping and hedging.
VIP-accounts owners can trade automatically.
For different account types leverage varies from 1:1 to 200:1.
You can use following currencies to open a live trading account:
- United States dollars;
Trading Platform Types
Markets.com offers following trading platforms:
- Auto Trader;
- Sirix Webtrader;
- Markets trader.
Company’s trading platforms represent unique software suites. Even well-known МТ4 was improved and upgraded with range of custom indicators and advisors. Platforms are simple in use and multi-functional. Markets.com provides a high speed and precision of orders execution.
Technical support service supports 15 languages:
You can contact technical support experts via multichannel phone, e-mail or on interactive website forum.
Company’s experts pay great attention to clients’ education. Training programs are developed for traders of all qualification levels and include:
- Individual studies;
- Video lessons;
- Seminars and exhibitions;
- Easy reading series.
Pros of Trading with Markets.com
The main company’s advantages are:
- High level of trading control;
- Convenient and multi-function trading platforms;
- Narrow spreads;
- No commissions;
- Great technical support service;
- Wide range of trading instruments.
Low level of online payment systems support – the main disadvantage.
Margaritka: I’ve been trading on Markets.com for 6 months. It is my first broker. Special thanks to the technical support service. I withdrew money several times – everything was great. I’ve got money on my Webmoney wallet in two hours after order placement.
SenyaFX: Multi-function broker. Orders execution is precise – there were no slippages during 1,5 years. There were requotes on mini account but not often. Ideal broker for beginners. Training information is very illustrative. My review is positive.
Markets.com deserves the title one of the most reliable Forex brokers. High trading control, participation in numerous partnership programs, cooperation with the largest liquidity providers – all of these explain why this broker is on the top of many ratings.