Markets.com Broker Review 89
Internationally recognized provider of Forex trading with multiple revered trading platforms. Offering top notch Forex and trading education and seamless access to your trading account via web browser, PC and mobile, Markets.com is a clear example of a top Forex broker.
Markets.com is a Forex & CFD broker offering online trading service in currencies, metals, commodities, and indices. The broker is fully authorized and regulated by the Cyprus Securities & Exchange Commission (CySec). The company offers viable spreads and provides leverage up to 300:1. The best part is that you need to deposit $100 only to get started. A range of payment methods are available at markets.com including credit cards, debit cards, Skrill, Neteller, Bank Wire etc.
To get started with markets.com, traders need to setup an account with the company, providing all the necessary compliance documents. The verification process does not take more than a few hours. Markets.com offers online trading in more than 2000 assets including CFDs and Forex.
The company offers commission-free trading, without charging any fee – it also has some of the most competitive spreads in the industry, including spreads as low as 1.7 on major currency pairs like EUR/USD, USD/JPY, and GBP/USD!
Leverage of up to 300:1 is available for Forex, 100:1 for commodities and indices, and 20:1 for stocks i.e. with a small, $5,000 funded account, traders can open large, $100,000 positions on various shares.
An unlimited demo account is also available for traders. You can practice new trading strategies using the virtual balance offered by the company before having a real account. This allows traders to become confident enough to go live and make some real cash.
Offers and Promotions
To encourage traders for registrations, the company runs a promotional campaign offering a free $25 top up into your account. To get started with the No Deposit Award campaign, you only need to sign up and verify your account without making any deposit. Please note that the terms and conditions apply for the no deposit award campaign.
The company believes in empowering clients. To welcome clients on board without any delay, the company has introduced special instructions and alerts that allow traders to follow a couple of simple steps to get registered without any live customer support. However, you may seek assistance of the customer support any time if needed.
Three trading platforms are being offered at Markets.com. The main trading platform is WebTrader, where traders can get a no-deposit award of $25. WebTrader is a user-friendly application; you do not need to install it as it runs directly on the web browser. Being simple to use, people can’t stop appreciating it. It also offers a complete range of trading instruments.
The broker also offers traditional MetaTrader4 platform, which offers innovative trading methods. In MT4, traders can run automated trading algorithms. With mt4 software, you may also test your own strategies on historical data. MetaTrader is instant application with super-fast feedback requiring fewer demands on hardware. Although one may take some time to gain complete knowledge about all the options MT4 offers, but the software provides you all indicators/charts for advanced level technical analysis which is essential for profitable trading.
The company offers a range of methods for deposits and withdrawals that include credit/ debit card (Visa, MasterCard or Diners Club), wire transfer, and local payment methods.
Traders only need to log into their account and click on the withdrawal tab. As soon as the withdrawal button is pressed, the funds get transferred to the associated payment method after being processed by the system.
Forex and CFD trading videos are available on Markets.com, You can also register for webinars.
By visiting the News and Research section at Markets.com, Traders can find out daily Forex news and updates, presenting advanced level technical analysis of different financial assets. It allows traders to take advantage by recognizing the market conditions in advance.
A full coverage and analysis of indices, commodities, and stocks are provided to traders so they understand the volatile markets. Besides that, the Auto chartist tool is available and traders can subscribe to it in order to receive both audio and visual alerts for emerging and completed patterns. Appropriate charts and graphs supplement these alerts.
Auto chartist is a very helpful feature at Markets.com that makes traders assess the risk and volatility on instruments reliably.
Markets.com offers analysis in both technical and fundamental ranges. The good thing we noticed is that the website supports 15 different languages including French, Arabic, Italian, German, Spanish, Polish, Romanian, Slovakian, Polish, Portuguese, Norwegian, and Swedish. Traders can access the website in their own native language.
Customer support is of great importance when it comes to deal with masses. Markets.com ensures that the best customer support is available to traders 24/5. Well-versed sophisticated staff are available to assist you via live chat. Traders can also contact them by sending an email to firstname.lastname@example.org, or by using an online form. Customer service also includes 1-on-1 and CFD training and account management.
We investigated and reviewed Markets.com thoroughly and nothing prevents us from concluding that Markets.com is one of the best choices in regards to online Forex & CFD trading. Offering great customer support, competitive leverage, widespread, educational videos, a demo account and a complimentary $25 (T&Cs apply) promotional top up are the key features that can make anyone fall in love with this broker. We, therefore, express our verdict in favour of them and advise traders to invest with the broker with full confidence. We urge traders to try opening an account with them, testing them and then making the final decision.