Markets.com Review

Екілік опциялар брокерлерінің рейтингі 2020:
Contents

MarketsX Review

Review

MarketsX, which many traders may know by its former name Markets.com, is a global Forex broker that became operational in 2020. This broker started its journey as GFC Markets but rebranded as Markets.com in 2020 following the merger between Safecap Investments LTD, the owner of GFC Markets, and TradeFX. In 2020, the FTSE250 listed gaming software company Playtech PLC, ticker symbol PTEC, acquired TradeFX for £458 million. This made Playtech the owner of Markets.com, which is now rebranding itself as MarketsX. This broker went under a massive restructuring in 2020, selling its binary options platform TopOption, and reducing its workforce. MarketsX is regulated across five jurisdictions, offers more than 2,200 assets from three trading platforms, and was a top sponsor of Premier League football team Arsenal FC for five years from 2020 until the deal expired in 2020. All of these signs point to it being a highly competitive broker that is here to stay.

Regulation and Security

MarketsX is owned by TradeTech Alpha LTD, a division of Playtech PLC. The Financial Conduct Authority (FCA) is the principal regulator, but MarketsX is regulated across five jurisdictions. This indicates an important fact to consider, as each jurisdiction grants particular benefits and various degrees of trader protection. Besides FCA regulations, MarketsX is authorized and regulated in Europe by the CySEC, globally by FSC in the British Virgin Islands, in Australia by ASIC, and in South Africa by the FSCA. The strong global ownership and unique global regulatory environment create an extremely secure brokerage.

Client funds remain segregated from companies’ funds across all five operating subsidiaries, but traders operating under the CySEC regulatory environment are exposed to the Financial Instruments Directive 2020/65/EU or MiFID II and the EU’s 4th Anti-Money Laundering Directive. The EU Directive 2020/49/EU mandates participation in the Investor Compensation Fund (CIF) with maximum coverage of €20,000. UK-based traders are protected by the Financial Services Compensation Scheme (FSCS), up to £85,000. Negative balance protection applies to all five subsidiaries. Traders regulated under FCA, ASIC, and FSCA receive incentives and loyalty rewards. MarketsX remains a very transparent broker, and regardless of which subsidiary accepts traders, the regulatory environment is solid.

MarketsX enjoys the financial backing of a powerful corporate owner, listed on the FTSE 250.

This broker is regulated in five jurisdictions and executes an excellent task when it comes to transparency.

Traders are advised to carefully consider the pros and cons of signing up under the subsidiary that would ultimately manage their portfolios.

The primary regulator for MarketsX is the FCA in the UK.

MarketsX generates most of its revenue through spreads on over 2,200 assets. The EUR/USD is listed with a starting spread of 0.4 pips, which represents a very competitive offer. No commissions are charged at this broker, adding to the excellent trading environment. Before the rebranding, MarketsX solely deployed a market maker execution model and profited directly from traders’ losses. It now extends a dual model after the addition of an STP model.

Swap rates on leveraged overnight positions apply, and traders can retrieve the applicable rates from inside the trading platforms. Corporate actions, like dividends, stock splits, or takeovers on equity and index CFDs, are passed on to traders. MarketsX doesn’t charge for deposits or withdrawals, but third-party charges may apply. The fee structure introduced by this broker is extremely trader-friendly and remains a critical factor to consider.

MarketsX offers a very competitive pricing environment for traders to consider.

What Can I Trade

Traders have over 2,200 assets across the Forex market, commodities, equity and index CFDs, cryptocurrencies, bonds, and ETFs to choose from. Pure Forex traders will find a great selection of currency pairs but, as with many brokers, the cryptocurrency market is only represented with five names. Twenty-five commodity CFDs offer solid exposure to this sector, but only four bonds are offered. Twenty-one index futures CFDs complement the large equity CFDs selection covering twenty countries, while the ETF offering further allows traders to branch out. Cross-asset diversification may easily be accomplished for retail traders and professional ones alike.

With over 2,200 assets across seven categories, traders have the option to properly diversify their portfolios.

Account Types

MarketsX provides all traders with the Classic CFD account, and an upgrade to a professional account is available. A Premium account is mentioned in one section, but no details are provided. Leverage remains one critical difference between the Standard account across the five regulatory jurisdictions. The FCA and CySEC regulated subsidiaries allow maximum leverage of 1:30, while the FSC, ASIC, and FSCA cap the maximum leverage at 1:300. This will cause a significant difference in the trading environment, directly influencing profitability.

The Classic CFD account is the default selection for all traders.

The regulatory framework directly impacts the trading conditions, and traders need to consider this carefully.

Professional accounts are only offered by the FCA and CySEC regulated entities, and strict requirements apply. Traders will get the same conditions at the FSC, ASIC, and FSCA regulated subsidiaries. The most significant difference remains leverage.

Trading Platforms

The MT4/MT5 trading platforms are available but reduced to a mere mention under MetaTrader Trading Conditions. Not even a general description of the platform features is provided, a download link for either platform is equally absent. MarketsX strongly promotes its proprietary webtrader and has created all tools specifically for it. The MT4/MT5 trading platforms are offered as the fundamental version only. This may create a less-than-ideal offering for some traders (especially advanced traders) as popular third-party plugins aren’t available in either platform offering.

The proprietary webtrader is presented as an easy-to-use platform with powerful trading tools. MarketsX provides fifteen tools for traders and, compared to a basic version of the MT4, the webtrader offers a much more sophisticated gateway to financial markets. Traders who have no existing trading solutions that would require the MT4 infrastructure will be adequately served by the webtrader. The biggest flaw remains the lack of support for automated trading solutions, as provided by MT4. While the webtrader offers great trading tools, an upgraded MT4 would result in a superior product. Traders will need to assess if they want to invest in an MT4 upgrade, or use the webtrader for manual trading.

The MT4/MT5 trading platforms are offered but not properly presented.

MarketsX introduces its webtrader as an easy-to-use trading platform.

Trading tools provided by this broker are solely available for its webtrader.

Unique Features

MarketsX offers fifteen trading tools on its webtrader, which enhances the trading environment, offering research and analytics tools, including insights into financial markets. They are broken down into fundamental, technical, and sentiment tools. The XRay segment provides a live and interactive stream, covering a broad range of topics. It is important to note that a majority of those trading tools are provided more efficiently through MT4 plugins. The combination of all tools provides traders with a powerful suite for a manual trading approach.

Events & Trade is an interactive economic calendar, with data from over 30 leading analysts around the globe. The Dow Jones News feed keep traders informed on global developments which may impact their trading strategy.

The Thomson Reuters Analyst Research provides traders with a fundamental analytical tool for equity, index, and ETF CFDs. Advanced Alerts can assist traders with relevant changes to desired assets.

Financial Commentary may help traders identify new trading opportunities.

Advanced Charting consists of an extensive charting package for the webtrader to enhance technical analysis.

Analyst recommendations may be viewed for trade confirmation or to conduct sentiment analysis. Hedge Fund Confidence shows trading positions held by hedge funds as filed with the SEC, but the data is three months delayed.

Insider Trades is another helpful tool for equity traders, displaying trading activity from key insiders at firms. Bloggers Opinions is an innovative tool providing insight from over 50,000 contributors.

Acuity News Alerts further diversifies news coverage that could impact assets. The Acuity News Sentiment provides a quick overview on assets as gauged by news coverage.

Signals and Traders Trends are provided by MarketsX. The former creates trading signals based on Daily Analyst Recommendations, Insider Trades, Hedge Fund Confidence, and Bloggers Opinions. The latter merely displays the sentiment of this broker’s trading positions on the webtrader.

XRay is an interactive stream, provided directly from inside the webtrader. It represents a very useful service for traders as it features relevant topics, and a welcomed intermission from regular trading activities.

Research and Education

MarketsX doesn’t provide any in-house research or education. It opted to outsource the entire research capabilities to third parties, but given the broad reach and investment into this approach, the result is outstanding. Traders have access to a more than ample supply of research and analytics, and this broker additionally offers trading signals based on the array of tools provided.

Regrettably, no educational content is offered. This is a major oversight by MarketsX.

Customer Support

Customer support is accessible 24/5 in English, French, Spanish, Italian, Arabic, German, and Bulgarian. The most convenient method to engage with support is through live chat, but traders may also call or fill out the web-form. The response time for queries submitted via web-form is listed as 28 hours. A support section dedicated to the most common questions is available and should take care of basic questions. Most traders will never require customer support, especially at a well-operated brokerage. MarketsX falls into this category, but support is easily available if required.

Bonuses and Promotions

MarketsX mentions incentives and loyalty rewards for the FSC, ASIC, and FSCA regulated entities, without providing more details about them. Either they have been discontinued, and the website was not updated, or they are provided after clients open an account. The broker would benefit significantly by taking a second look at this section and fixing it up.

Opening an Account

New traders may conveniently open an account through the online application form, the standard operating procedure across the brokerage industry. The webform merely asks traders for their e-mail address and password creation. The option to complete this process through a Google or Facebook account is available. This will grant new traders access to their client portal, from where a copy of the trader’s ID and one proof of residency document is required to verify the account and to satisfy AML/KYC requirements, as mandated by the regulators. Traders can completely trust this broker with their information.

A very simple sign-up process is offered by MarketsX, and given the sound regulatory environment, traders can trust this brokerage without hesitation.

Deposits and Withdrawals

Deposit and withdrawal options consist of bank wires, credit and debit cards, Skrill, Neteller, and PayPal. Local bank transfers, Ideal, and Sofort are listed under deposits methods but not as a withdrawal option. Not all methods apply to every trader, as they are based on geographic location. Unfortunately, the minimum deposit and withdrawal amounts are unequal for each entity. Most minimum deposits are listed as $100 or a currency equivalent, except for the UK, where the minimum is increased to $250. The same lack of consistency applies to withdrawal amounts. Processing times may take up to eight business days for credit card transactions, which appears overextended. As mandated by regulators, deposits and withdrawals can only be processed if the accounts are in the same name.

General Information

Company Information

  • Broker’s Name : MarketsX
  • Headquarter : South Africa
  • Regulation : CySEC, FCA, ASIC, FSC, FSCA

Account Information

  • Type of Broker : Market Maker
  • U.S. Clients Allowed :
  • Minimum Deposit : $100 (Based on location)
  • Maximum Leverage : 1:300 (Based on location)

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based
    • English
    • Spanish
    • Arabic
      • Mac
      • Windows
      • Linux
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • E-mail Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :
  • Customer Support

    • English
    • Spanish
    • Arabic
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
  • Pros and Cons

    • Demo Account Available
    • Choice of Trading Platforms
    • Excellent Customer Support
    • Only One Trading Account

    Where is MarketsX based?

    MarketsX is headquartered in London, UK. This brokerage has five regulated entities with their respective headquarters, but London is where the corporate owner is authorized and regulated.

    How does MarketsX make money?

    MarketsX derives its income from spreads charged on over 2,200 assets and profits directly from traders’ losses where it acts as a market maker.

    How can I deposit into a MarketsX account?

    MarketsX supports bank wires, credit and debit cards, Skrill, Neteller, and PayPal.

    What is the minimum lot size at MarketsX?

    The minimum trading size in the MT4 trading platform is 0.01 lots, while the minimum CFD size in the webtrader is presumed to be 1.0.

    When does a margin-call take place at MarketsX?

    MarketsX Group LTD issues a margin call at a 50% equity-margin ratio.

    Is MarketsX regulated?

    The Financial Conduct Authority (FCA) is the principal regulator, but MarketsX is regulated across five jurisdictions. Besides FCA regulations, MarketsX is authorized and regulated in Europe by the CySEC, globally by FSC in the British Virgin Islands, in Australia by ASIC, and in South Africa by the FSCA.

    What is the maximum leverage offered by MarketsX?

    The maximum leverage for clients of MarketsX Group LTD equals 1:300, but clients of the FCA and CySEC regulated entities are limited to 1:30.

    How do I open an account with MarketsX?

    MarketsX has an online application form, which is the standard operating procedure.

    Екілік опциялар брокерлерінің рейтингі 2020:

    What trading platforms does MarketsX offer?

    MarketsX provides the basic MT4/MT5 trading platforms without required upgrades, as well as its proprietary webtrader for which fifteen trading tools have been developed.

    Summary

    MarketsX offers traders a fantastic trading environment with over 2,200 assets, tight spreads, and no commissions. This brokerage started its journey in 2020 and went through a merger as well as a rebranding phase. It now operates as MarketsX, a well-regulated brokerage in five jurisdictions and a member of FTSE250-listed gaming software company Playtech PLC. The core services provided by this brokerage are exceptional, but as is the case with all brokerages, there is always room for improvement in some areas.

    The MT4/MT5 trading platforms are available but merely mentioned in one section of the website without a proper introduction. This is done to push the MarketsX proprietary webtrader, and while nothing is wrong with promoting an in-house developed solution, it would certainly make MarketsX more attractive if it offered a comprehensive MetaTrader offering. Over fifteen trading tools are developed, but exclusively available for the webtrader.

    Traders without existing trading solutions requiring the MT4 infrastructure and relying solely on manual trading will be properly served at MarketsX. However, traders who want to manage their portfolios in MT4 are reduced to the fundamental version and would need to invest in upgrades. That being said, traders who are willing or interested in learning about the MarketsX webtrader may find that all (or at least most) of their needs are met through this strong proprietary platform. Trading conditions vary across the five entities due to regulatory restrictions, and the best environments are provided by the FSC, ASIC, and FSCA regulated subsidiaries. MarketsX provides a sound choice and remains an excellent option as a primary or secondary broker. The fifteen trading tools offer to users of the webtrader provide more than enough of a reason to manage a portfolio at this brokerage as part of a well-diversified strategy.

    User Reviews

    Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

    Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

    Markets.com Review

    Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.

    Top Takeaways for 2020

    After spending five months testing 30 of the best forex brokers for our 4th Annual Review, here are our top findings on Markets.com:

    • Founded in 1999, Markets.com is a subsidiary of a UK publicly-listed company (LSE: PTEC). Markets.com is regulated in two tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading.
    • Markets.com’s MarketsX platform is cleanly designed, easy to use, and includes a respectable offering of features, including integrated research, market analysis, webinars, and educational videos. That said, there is a lack of depth with trading tools to compete with platform leaders such as IG and Saxo Bank.
    • Spreads on forex pairs are wide (expensive) compared to pricing leaders such as CMC Markets and IG.

    Overall Summary

    Feature Markets.com
    Overall 4 Stars
    Trust Score 97
    Offering of Investments 4 Stars
    Commissions & Fees 4 Stars
    Platform & Tools 4 Stars
    Research 4 Stars
    Mobile Trading 4 Stars
    Customer Service .1 Stars
    Education 3.5 Stars

    Is Markets.com Safe?

    Markets.com is considered low-risk, with an overall Trust Score of 97 out of 99. Markets.com is publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). Markets.com is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA). Learn more about Trust Score.

    Feature Markets.com
    Year Founded 1999
    Publicly Traded (Listed) Yes
    Bank No
    Tier-1 Licenses 2
    Tier-2 Licenses 2
    Tier-3 Licenses 1
    Trust Score 97

    Offering of Investments

    Overall, compared to the Markets.com Metatrader offering, the MarketsX platform offering would be my choice because of its lower comparable spreads and access to a more significant number of tradeable instruments (57 forex pairs and 2,179 CFDs).

    The following table summarizes the different investment products available to Markets.com clients.

    Feature Markets.com
    Forex: Spot Trading Yes
    Currency Pairs (Total Forex pairs) 57
    CFDs – Total Offered 2179
    Social Trading / Copy-Trading Yes
    Cryptocurrency traded as actual No
    Cryptocurrency traded as CFD Yes

    Commissions & Fees

    Assessing Markets.com for trading costs is tricky. All in all, our bottom line assessment is that Markets.com is expensive and far from being competitive with industry leaders CMC Markets and IG.

    MarketsX: Markets.com offers a premium account called MarketsX for traders who deposit at least $250, where spreads are comparably lower than its primary account offering and with added platform benefits.

    Variable spreads: In terms of trading costs, spreads at Markets.com changed from being fixed to variable on its forex pairs, bringing the broker in line with most multi-asset brokers that offer variable spreads. That said, the minimum listed spreads are still comparably higher, and I was unable to make an adequate comparison given the lack of average spread data published by the broker.

    MetaTrader accounts: It’s also worth noting that spreads are generally tighter on the company’s proprietary Web Trader platform, compared to its third-party trading platforms offered, including MT4 and MT5, where the product range is not as extensive.

    Average spreads: The firm advertises spreads as low as 1.9 pips on the EUR/USD, and 3.0 pips on its MT4 offering, which are more expensive when compared to other firms with variable (floating) spreads. Summary aside, we would like to see Markets.com share average spread data for its new variable spread offering, to help make a level comparison with other brokers with variable spreads.

    Feature Markets.com
    Minimum Initial Deposit $100
    Average Spread EUR/USD – Standard 1.9 (as of Oct 19)
    All-in Cost EUR/USD – Active 1.9 (as of May 19)
    Active Trader or VIP Discounts Yes

    Platforms & Tools

    Markets.com offers its flagship trading platform, MarketsX, as well as the full MetaTrader suite.

    MarketsX charting: In terms of charting in MarketsX, there are nearly 90 indicators available for technical analysis – which is more than the industry average. That said, only four drawing tools are available.

    MarketsX usability: Web Trader is very easy to use. Throughout the platform, Markets.com has emphasized providing traders a smooth user experience. For example, alongside pre-defined screeners, module linking is enabled by default.

    MetaTrader: Markets.com also offers MetaTrader4 (MT4) and MetaTrader5 (MT5) for algorithmic traders, although pricing is higher compared to its flagship platform.

    Research

    Overall, Markets.com has a good foundation for research. However, there remains room for further improvement as the broker trails industry leaders IG and Saxo Bank. For example, adding content from in-house analysts, a heatmap tool, or forex news videos would improve Markets.com’s research offering.

    Third-party research: Research from third-parties includes TipRanks and pattern recognition from Delkos.

    Integrated tools: I enjoyed exploring the modules under the Sentiment tab, including the Insider Trades, Analyst Recommendations, Bloggers Opinion, and the Hedge Fund Confidence section. The Fundamental section was also rich with tools, including the Events & Trade section, which contains useful event-related analysis, alongside financial news and market commentary.

    Reports: Another highlight is that Markets.com provides detailed research reports for many of its single-share CFDs.

    Education: Markets.com also does an excellent job integrating live webinars into its trading platform as part of its XRay offering and educational video content from Recognia.

    Mobile Trading

    Besides the MT4 native app available for mobile, Markets.com also offers its proprietary mobile app as a counterpart to the MarketsX web-based platform. Like MT4 mobile, the Markets.com app is available for Android and iOS devices.

    Pros: The Markets.com mobile app combines many features found in the flagship platform, keeping a consistent look and feel across both platforms, with nearly all features available. For example, I was pleased to see most of the research resources from the web version integrated into the mobile app under the trading tools tab.

    Cons: While the Markets.com mobile experience is respectable, the charting tool lacks drawing tools and indicators, which leaves a notable gap in the mobile offering. Also, watch lists don’t sync across platforms.

    Final Thoughts

    Thanks to its MarketsX platform, Markets.com provides a decent balance of simplicity and functionality. That said, Markets.com research tools are respectable but still trail industry leaders. And while spreads have improved, Markets.com remains expensive, especially on its MetaTrader offering. All in all, Markets.com finished Best in Class across three categories in 2020, including Ease of Use, Beginners, and Trust Score, which are key areas where it stands out against peers.

    About Markets.com

    Markets.com’s parent company, Playtech, has been listed on the London Stock Exchange (LSE) since 2020 under ticker symbol PTEC and is part of the FTSE 250 Index. As of June 2020, the company boasts a market capitalization of over £1.2 billion and holds £304m in cash on its balance sheet.

    Playtech develops gambling, casino, and financial trading technology that powers its brands’ products, including those of Markets.com. The broker serves forex and CFD traders through its proprietary and third-party trading platforms under the Markets.com brand. Read more on Wikipedia about Markets.com.

    Markets.com Trading Features

    Feature Markets.com
    Virtual Trading (Demo) Yes
    Proprietary Platform Yes
    Desktop Platform (Windows) Yes
    Web Platform Yes
    Social Trading / Copy-Trading Yes
    MetaTrader 4 (MT4) Yes
    MetaTrader 5 (MT5) Yes
    cTrader No
    Charting – Indicators / Studies (Total) 51
    Charting – Drawing Tools (Total) 31
    Charting – Trade From Chart Yes
    Watchlists – Total Fields 7
    Order Type – Trailing Stop Yes

    Markets.com Research Features

    Feature Markets.com
    Daily Market Commentary Yes
    Forex News (Top-Tier Sources) Yes
    Weekly Webinars Yes
    AutoChartist No
    Trading Central (Recognia) No
    Delkos Research Yes
    Social Sentiment – Currency Pairs Yes
    Economic Calendar Yes

    Markets.com Mobile App Features

    Feature Markets.com
    Android App Yes
    Apple iOS App Yes
    Trading – Forex Yes
    Trading – CFDs Yes
    Alerts – Basic Fields Yes
    Watch List Yes
    Watch List Syncing Yes
    Charting – Indicators / Studies 30
    Charting – Draw Trend Lines Yes
    Charting – Trend Lines Moveable No
    Charting – Multiple Time Frames Yes
    Charting – Drawings Autosave No
    Forex Calendar No

    2020 Review Methodology

    For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers over a five month time period. Each broker was graded on 105 different variables and, in total, over 50,000 words of research were produced.

    While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.

    All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 1% each year, providing site visitors quality data they can trust. Learn more about how we test.

    Forex Risk Disclaimer

    «There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.» Learn more.

    Beginner’s Guide to Markets.com Broker: Complete Review

    Markets.com, technically Markets.com Global, is a CFD and Forex provider that is among the quickest growing brokers in the world. They offer in-house trading platforms that are user-friendly and have more than 2,000 assets available for trading.

    These include CFDs on cryptocurrencies, shares, currencies, indices, and commodities. Markets.com also has support for multiple languages and 24/5 support for clients. To give an idea of the size of Markets.com, there are 5 million registered accounts. Additionally, there are 13 million trades placed and $185 billion in traded value within the past year.

    Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money

    Markets.com at a Glance

    Broker Markets.com
    Regulation CySec (Cyprus), ASIC (Australia), FSCA (Africa)
    Minium Initial Deposit
    $100
    Demo Account
    Yes
    Asset Coverage CFD markets: Forex, Indices, Commodities, Spot Metals, Bonds, Shares & Cryptocurrencies
    Max Leverage 300:1
    Trading Platforms Web Trader, MetaTrader 4 & MetaTrader 5

    Markets.com Trading Instruments

    The main trading instrument offered by Markets.com is CFDs or contracts for difference. CFDs let you invest in an instrument without actually owning the actual asset. Instead, they just mirror the movement of the given asset. CFD trading lets you trade with the goal of assets going down or up and is fully regulated.

    Markets.com offers Forex trading with hundreds of currency pairs to choose from, including majors, minors, and exotics. The majors include AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, and USD/JPY.

    Markets.com lets account holders trade seven different metals. This is a strategy that traders use to protect against inflation, as a defensive strategy. There are also four energy instruments for trading, with energy leading the commodities markets. Or trade one of the other eight commodities offered by Markets.com. Or you can trade one of 38 indices, which are groups of stocks to help you track sectors. The indices from Markets.com include the largest ones, such as NASDAQ, FTSE 100, S&P500. They also include international ones such as France 40 and Germany 30.

    Additionally, there are options to invest in cryptocurrency without having to actually own it. This comes via a crypto CFD, with six options available from Markets.com. These include Bitcoin Cash, Bitcoin, Dash, Ethereum, Litecoin, and Ripple. Or trade one of the five bond offerings or CFDs of shares from dozens of countries, with thousands of choices. Markets.com also supports trading ETFs (exchange traded funds) which are baskets of assets.

    There are blends that are exclusive to Markets.com as well. These include stocks with a shared theme or have smaller targeted ranges, with the shares always carefully selected. Finally, Markets.com offers trading of IPOs or Initial Public Offerings.

    You can view a full list of Markets.com instruments on their Trading Instruments page. Or search for one via the search bar. You can mark your favorites with a star that can be removed at any time. This makes it easier to find your favorite instruments in the future. While on the trading platform, you can view specific information about it by clicking the Information icon.

    Markets.com Account Signup

    The process of registering with Markets.com is fairly straightforward. There is actually a quick video on the Markets.com website walking you through it step-by-step. You start by clicking on the registration or sign up button. From there, simply fill out a form with basic information like your name, birthdate, phone number, and address. You will then need to provide tax information and financial information. Next, you answer some quick questions about your trading experience and financial knowledge.

    When you sign up for an account with Markets.com, you will need to submit documents. This is true regardless of the office that you sign up with. In the case of European and Australian offices, you may also be able to utilize electronic verification. This is part of verifying your account and the process is also straightforward.

    Log into your account and go to the Verification Center. There, you will see spots to upload proof of identification and proof of residence. Do so and you will be set. Valid documents for proof of identification include passports, national identity cards, and driving licenses. Your proof of residence must have your full name and address on it. It can be a bill for your electric, water, gas, phone, TV, or internet (a utility bill).

    Requirements for Opening a Markets.com Account

    To open a Markets.com account, you must make a deposit of at least 100 USD, EUR, or GBP. You will also need to submit certain documents to open your account. These include proof of identification and proof of residence. Proof of identification comes via a clear copy of your valid passport. Or you can also use a National ID or a Driver’s license. The details in the document must all be visible. These include date of birth, name, document number, full security strip, and photograph.

    For proof of residence, you need a clear copy of your credit card or bank statement. Or you can use a utility bill or municipality statement. As with the identification, the details must be visible. They include the address, full name, data, and stamp or logo of the company issuing the document.

    To submit the documents, go to the Menu, then the Verification Center. You can then click Upload Documents or do this via the mobile application.

    You should keep in mind that after you verify your account fully, you cannot change personal account details yourself. In situations where an update to the details is needed, you can just contact Markets.com. Let them know what details need to be changed. You will also need to provide them with any requested documentation to verify the requested changes.

    Markets.com Demo Accounts

    As is typically the case with brokers, Markets.com offers a Demo account in addition to the Real Money accounts. Both of these types of accounts work with real-time market conditions. As such, using the demo account is a very convenient way for beginner traders to practice before risking real money. Or advanced traders can use their Demo account to test new trading strategies.

    At any time, you can easily switch between the Real account and the Demo account. This is an option in the left panel of the web version of the Markets.com trading platform. On the mobile application, you click on the My Account icon. Then, select Switch to Real or Switch to Demo.

    Account Information

    To encourage transparency, Markets.com makes it simple to view account information, including your balance. If you want to see the balance, go to Funds Management. There, you will be able to see the current status of your funds. If you are on the mobile application, you can find the same information by going to My Account. From there, go to Funds Management, where you will see the Account Balance. Keep in mind that this balance does not account for loss or profits of any open positions. Funds Management is also where you will see your Account Statuses.

    If you want to view an account statement, you can do so via the menu on the top right corner. From there, you just need to select Account Statement. It will give you the option to select the dates of the report that you want. Select Generate and you will have a statement available.

    Markets.com Deposits

    You can deposit funds into your Markets.com account in USD, EUR, GBP, DKK, NOK, SEK, PLN, CZK, AED. If you go to the deposit section of Markets.com, you can also find other currency options. You can make a deposit on Markets.com using your credit card. Or do so via a wire transfer, Neteller, Skrill, or Fast Bank Transfers such as Envoy and WorldPay. Although Markets.com will not charge you any fees to make a deposit, your payment provider might. If you make a deposit of over $2,500, Markets.com will reimburse you for external transaction fees.

    To make a deposit, go to the Menu, then select Deposit. From there, just enter the payment details and your deposit will begin. Deposits made with credit or debit cards will take about 24 hours to process following their receipt. They are credited in your trading account immediately following the onboarding process. Wire transfers take one to two business days following receipt.

    Keep in mind that your payment method must be registered under your name. For credit and debit cards, you must confirm the card is yours. For wire transfers, you must upload a scan or photo indicating proof of payment. For PayPal, Skrill, or Neteller, Markets.com will begin online verification within a few business days or possibly immediately. All other deposit methods require proof of transfer, such as a screenshot.

    Markets.com Withdrawals

    As is expected, Markets.com will return your funds via the same payment method that you used. This means that if you deposited the funds via a credit card, you will receive your withdrawal via the card. Credit card deposits get priority for refunds, with the priority for those deposits within the past 12 months. To withdraw funds, go to Menu and choose Withdrawal. You can also do this via the mobile application.

    Keep in mind that there are minimum withdrawal amounts depending on the payment method. For debit and credit cards or PayPal, the minimum is 10 USD/EUR/GBP. For wire transfers, the minimum is 100 USD/EUR/GBP or 20 EUR within the European Union. For Skrill and Neteller, the minimum is 5 USD/EUR/GBP. Withdrawals via credit cards take 2 to 8 business days. Wire transfers take 2 to 5 days and alternative payment methods take 2 days. As with deposits, Markets.com will not charge withdrawal fees but your bank may. If you are a VIP client, Markets.com will reimburse your bank fees.

    Markets.com Trading Platform

    Markets.com offers the ability to trade via either their Markets.com Web Trader or the mobile application. Both of these were developed in-house. With the Web Trader, you do not need to download anything and can access advanced features, trading tools, and research. The Markets.com Global platform is available in English, Spanish, and Arabic.

    The mobile application is available for both iOS and Android devices and relies on cutting-edge technology. The application is user-friendly, letting you trade while on the go with state-of-the-art technology. Markets.com also supports trading with MetaTrader 5 (MT5). This will be the ideal option for those who want a familiar platform with a range of tools.

    One of the great things about using the Markets.com platform is the high level of customization available. To access the various customization options, head to My Account and Settings. From there, select Platform Features. There, you will see some basic options, such as the choice between a light or dark theme. There is also a choice for Trading View and for Open Position Mode. Both of these can be Basic or Advanced.

    How to Trade on Markets.com

    Markets.com does a great job of providing basic information to clients. This includes a video walkthrough of how to make a trade for those who prefer visual explanations.

    If you prefer a written explanation, choose an asset using the list on the left section of the trading platform. Selecting an asset will make it appear in the center of the screen, including relevant information and values. On the right of the screen, you will see options to buy and sell. This is also where you find information on things like margins and minimum trade size.

    Click on either “buy” or “sell” depending on what you want to do. A pop-up window will appear. The right side details information like the sell and buy prices, changes, minimum trade size, and trading trends. The left side is the form you fill out to trade. You can choose the quantity and other factors or click on “Advanced” for more advanced trading types and options. Fill everything out and select “Place Order.” The Advanced option is where you will find advanced order types such as Limits and Stops. There is also the ability to set a specific level.

    If you want to set a Take Profit or Stop Loss order, you can do this in the same area. You just check the box for the relevant option and enter your Take Profit or Stop Loss level. You can also set a Take Profit or Stop Loss for a position that is already open. In this case, simply edit the position.

    It is possible to execute orders over the phone as well if you prefer to do so. You would do this by contacting the Trading Desk directly. You should note that while most Markets.com support is multilingual, the Trading Desk is only available in English.

    How Can You View Your Positions?

    Viewing your current positions on Markets.com is simple. Go to Open Positions, which is a tab in the top center portion of the screen. There are options here to edit or close a position. If you want to see specific details of an open position, visit the trading instrument.

    Right underneath the instrument, you will see the details. These include trading volume, trade direction, entry price, and the current profit or loss. If you have multiple open positions for an instrument, all of them will appear here.

    Trading Cryptocurrencies With Markets.com

    As previously mentioned, Markets.com has support for trading Bitcoin Futures, Bitcoin Cash, Ethereum, Dash, Ripple, and Litecoin. Instead of directly buying and selling the cryptocurrencies in question, Markets.com account holders trade cryptocurrency CFDs. This means that you will not actually own the cryptocurrencies. As such, there is no need to set up a cryptocurrency wallet. Additionally, you are able to manage all assets in a single convenient spot.

    Because of the nature of cryptocurrencies, you can trade crypto CFDs with Markets.com Global 24/7. Bitcoin Futures trading lasts from Sunday at 23:00 GMT until Friday at 22:00 GMT. Bitcoin futures have daily breaks between 22:00 and 23:00 GMT. System maintenance may also cause interruptions on Sundays for other crypto CFDs.

    CFD Rollovers

    For full transparency, Markets.com offers a full list of the expiration dates for the offered CFD instruments. You can view the full list of each instrument and its rollover date. Or you can switch to a weekly view of expiration dates and rollovers if you prefer.

    When looking at the expiration date for a given instrument, keep the time 21:00 GMT in mind. Any position open at 21:00 GMT on that date will be adjusted automatically by Markets.com. This will occur via a swap credit or charge. Either method accounts for the difference between the prices of the expiring and new contracts. Clients of Markets.com can avoid a rollover of their CFD by simply closing the position before this expiration date.

    If you have a pending order at 21:00 GMT on the given expiration date, this order will be automatically adjusted. That adjustment will include a point-for-point or symmetrical reflection of the price difference between the expiring and new contract.

    There is an additional point worth noting in the case of CFDs on old contracts with very low liquidity. The operating company behind Markets.com has the right to move the rollover date up slightly for these.

    What Are the Trading Hours on Markets.com?

    The trading hours for Markets.com vary based on the given instrument or market. For your convenience, there is a full listing of the trading hours for each instrument/market available for trading on Markets.com. The trading hours for stocks are divided by country and appear first (alphabetically) on the trading hours page. There are three columns. They include the description of the asset or market, the days trading is open, and the hours on those days.

    Below this, you can view the trading hours for the Asian, Pacific, and African Indices. They appear in alphabetical order by index name. Markets.com continues to list the other instruments in similar groups with individual information for each asset. The other groups, in order, are European Indices, US Indices, Cash Indices, Metals, Blends, and Soft & Agriculture Commodities. These are followed by Energy Commodities and Government Bonds.

    After this, you can see the general category of FX. There is specific information for sets of forex pairs by majors or country. At the bottom of the page, you will see the trading hours for cryptocurrencies. These are divided into Bitcoin Futures and the remaining cryptocurrencies.

    Fundamental Analysis Tools

    To help CFD traders make informed decisions, Markets.com has an economic calendar. It includes a full list of events, including reports and consensus information, the country, and the time. There are even color-coded dots for things that “Merit Extra Attention” or are “Market Moving Indicators.”

    There is also a variation of the economic calendar called Events & Trade. It automatically filters the upcoming events, so you only see those with significant statistical trends. Selecting an event on that particular calendar gives you detailed information, even charts. This is essentially an interactive economic calendar that includes forecasts from more than 30 global economists. It analyzes historical movements of assets to deliver statistical trend predictions related to upcoming events.

    There is also a convenient tab of Markets.com titled “News and Analysis.” Here, you can find recent news stories and analysis in several categories. Those include Brexit Watch, Forex, Indices, Stocks, Commodities, and Crypto.

    Price Alerts are also available and highly customizable. You can set up web, email, and/or mobile notifications. These notify you when an asset falls or rises to your specified price or moves by a specified percentage. You can also set up Price Alerts for when the Traders Trend gauge hits your specified percentage (bullish or bearish). Or the alert can let you know if analysts change the price target on stocks. The alerts can include reminders for specific events as well.

    Technical Analysis Tools

    To supplement the fundamental analysis tools, Markets.com has a range of technical analysis tools. The Traders Trends section shows buy and sell trends that other Markets.com traders are following. It updates every several minutes and calculates percentages of the sentiment value of an instrument. This is done to the closest 1 percent using real data of recently closed and live open positions. This feature can help traders understand trends and make decisions. An example would be whether to make a given trade and how to time it. It can also help with more advanced strategies such as those related to trade duration.

    You can view the Trending Now section of Markets.com on either the web or mobile platform. It includes rankings for Top Risers, Fallers, Volatile, and Traders Trends. There is also 52 Week High and Low, Uptrend, Downtrend, and 30 Days High and Low.

    The biggest technical analysis tool on Markets.com is Trading Central. Here, you find insights for trading instruments and market momentum as well as forecasted movement and volatility. The indicators are available via the trading platform in several languages and come from analysis of financial markets. Indicators include Instrument Intraday, Pivot, Green Analysis, Red Analysis, Comment, Released, Resistance, and Support. Each of these can be used in different ways to create a trading strategy.

    Multi Charts are another key technical analysis tool, as they allow you to view multiple charts at the same time. This makes comparing assets a breeze. There is a range of data you can compare side by side via this function. That allows traders to always make the right trading decision.

    Market Consensus is also incredibly useful. It is the result of a collaboration with TipRanks, which provides aggregated Big Financial Data. It includes Analyst Recommendations, Insider’s Stuff, Bloggers Opinion, and Hedge Funds.

    What Indicators Does Markets.com Offer?

    Yet another part of technical analysis offered by Markets.com is the vast array of indicators available. There are over 80 oscillators and indicators. You will find tools like Stochastic Indicators, Moving Average Convergence Divergence, Relative Strength Indicators, Bollinger Bands, and Simple Moving Averages.

    For convenience, Markets.com lets you add as many as five variations of a single indicator to the chart simultaneously. For example, say you wanted to analyze trends in both the short and long term. You could do so with Simple Moving Averages with five different variations.

    What Sentiment Analysis Does Markets.com Offer?

    While most brokers offer technical and fundamental analysis, Markets.com stands out by also offering sentiment analysis tools. One of these is Analyst Recommendations, a daily decision-making tool that is in the Markets.com platform. It collects then evaluates and displays stock recommendations from financial experts and analysts.

    You can use the tool’s integrated buttons for buying and selling right away. All of the analysts featured have Star Rankings to help you decide what information to follow. You can also use the consensus price target, which is the average price target based on all the analysts’ predictions.

    A section called Insiders’ Stuff is another great sentiment analysis tool. This displays data about whether bosses of companies buy or sell their company’s stocks. It uses information from more than 36,000 corporate insiders, including execs, directors, and board members, along with proprietary algorithms. The result is a user-friendly display that includes quantitative analysis and big data.

    Markets.com also has a Bloggers Opinions tool that tracks more than 50,000 financial experts. The bloggers each have star ratings based on previous accuracy. Like Analyst Recommendations, Bloggers Opinions includes both individual and consensus sentiment data. It also features integrated buy and sell buttons for convenience, so you do not waste any time.

    The Hedge Fund Activity tool measures hedge fund performance based on SEC-submitted information and analysis from TipRanks. You can view the positions funds took on the major US stocks and use integrated sell and buy buttons.

    Finally, the Traders Trend feature displays the overall position of all the other traders on Markets.com. It lets you view shifting market positions. You can also set up alerts for when the sentiment reaches a certain level.

    Does Markets.com Offer Signals?

    Markets.com has a Signals tool that helps display market sentiment as well. Once you log in, this tool will be in the bottom left corner of the platform. This is where you will find a display of the key information from many of the above sentiment analysis tools. It includes Hedge Fund Positioning, Analyst Recommendations, and Insiders’ Stuff. It is particularly useful for equity trading.

    Education Material

    If you look at the support center of Markets.com, you will find a convenient glossary with key terms. Or you can find more educational tools in the Knowledge Center. This includes many video tutorials that help you understand the basics of using Markets.com. They range from creating an account to trading to using the unique trading tools.

    Within the Knowledge Center, you will also find Live Sessions. These are daily short videos streamed in real time. They include things like interviews and advice. There is even an option there to set a reminder for yourself, so you do not miss a Live Session.

    There are frequent free webinars on a range of topics. Examples include “Enter the World of Forex Trading” and “The Most Important Indicators for Your Trading.”

    Economic Calendar

    In addition to an economic calendar, Markets.com has a convenient section of its website that lists upcoming trading holidays. This section has four columns, outlining the date, country (and occasion), instrument, and status. This allows traders to see what instruments will be closed or have reduced hours on a particular date.

    Markets.com Fees

    As is the case with most other forex trading platforms, Markets.com does not charge fees on those types of trade. Instead, they make their profit via spreads as well as daily swap charges.

    At the time of writing, the spread for EUR/USD was as low as 2.3 pips. Leverage for all major currency pairs could be up to 1:294. To maintain transparency, Markets.com keeps an updated list of all spreads and leverage limits on their Instruments page.

    For cryptocurrency CFDs, spreads range from 0.03 USD for Ripple to 140 USD for Bitcoin. Leverage is up to 1:5, depending on the currency in question.

    Markets.com Leverage

    The available leverage for clients of Markets.com varies based on the asset class. It also varies based on the office that the account originates at. In Europe, leverage is up to 30:1 for forex, 20:1 for indices, and 5:1 for shares. It is 20:1 for commodities, and 2:1 for cryptocurrencies.

    In Africa, it is up to 300:1 for forex, 200:1 for indices, and 10:1 for shares. It is 200:1 for commodities, and 5:1 for cryptocurrencies. Leverage in both Australia and through the Global office is identical to that in Africa.

    The trading conditions may be slightly different if you use MetaTrader 4 or MetaTrader 5. There is a specific section of the Markets.com website dedicated to detailing the trading conditions for each of these. The default leverage is 1:50, but you can typically select 1:300, 1:200, 1:100, or 1:25. The specifics vary by asset and platform.

    Markets.com Locations & Regulations

    Markets.com is indeed regulated and it is located in Sydney, Australia. The name Markets.com Global is part of Tradetech Markets (Australia) Pty Ltd. That company is regulated by ASIC (the Australian Securities and Investments Commission). Markets.com is used by STA and Tradetech Markets Limited owns it, with both of those entities being Playtech PLC subsidiaries. You can find Playtech PLC on the London Stock Exchange and FTSE 250 index.

    Because Markets.com is regulated, investors know that they are working with a reputable, reliable provider within a secure environment. You can relax knowing that Markets.com follows strict guidelines to maintain their regulation.

    How Does Markets.com Vary Based on Regulator?

    Each of the above regulators for Markets.com authorizes the broker within a set of specific regions or countries. While there are many commonalities among the versions of Markets.com regulated by different agencies, there are also some key differences. Regardless of the regulator, Markets.com has Negative Balance Protection and keeps client funds in segregated bank accounts.

    In Europe, Markets.com is operated by Safecap Investments Limited and regulated by CySEC and FSCA. These are with license 092/08 and no. 43906, respectively. In this region, leverage can be up to 1:30 for retail clients or up to 1:300 for professional clients. There is also ICF Investor Compensation of up to EUR 20,000. Any complaints should be addressed to the Financial Ombudsman.

    In Africa, Markets.com is operated by TradeTech Markets (South Africa) (Pty) Limited. It is regulated by the FSCA (Financial Sector Conduct Authority) with license no. 46860. In this region, clients can enjoy leverage of up to 1:300. They also get a bonus on their first deposit of up to 35 percent. The FAIS Ombudsman is the complaints authority.

    In Australia, Markets.com is operated by Tradetech Markets (Australia) Pty Ltd. It is regulated by ASIC (the Australian Securities and Investments Commission) in providing financial services. It also has an Australian Financial Services License with no. 424008. In this region, clients can get a bonus on their first deposit of up to 20 percent. There is leverage up to 1:300. There is also electronic verification. The Australian FOS handles any complaints.

    The same information for Australia applies for the Global Markets.com version, including regulation by ASIC.

    What Other Regional-based Differences Are There for Markets.com Offerings?

    Markets.com offers four main global offices. Clients can choose which office they want to open their trading account with based on their needs and location. The Africa, Australia, and Global offices all accept global clients. The Europe office requires clients to be a resident of Europe and its territories, Iceland, Switzerland, or Norway.

    In addition to the above regulation, there are some other key variations between the Europe, Africa, Australia, and Global offices.

    The Europe office does not offer bonuses or rebates. In Africa, there is a bonus of up to 35 percent of the first deposit. This is 20 percent in Australia and the Global office. Africa, Australia, and Global offices all offer 5 percent rebates of the weekly spread as well.

    The regional variations in leverage are mentioned above. Africa, Australia, and Global offices have identical leverage offerings, all of which are higher than those in Europe. This comes down to regulation differences.

    Regardless of the office, clients of Markets.com have Negative Balance Protection and access to more than 2,000 assets. They also have the same MetaTrader 5 and Markets.com Trader platforms. The Africa, Australia, and Global offices all only offer Classic or Premium accounts. Europe also offers Professional and GSL (French) accounts.

    How Are Funds Protected?

    Markets.com holds all funds of clients in segregated bank accounts. This allows for maximum protection of the funds.

    Markets.com Customer Support

    Markets.com offers customer support 24/5, available either via live chat or a contact form on their website. You can find the “Contact Us” button on the right side of the Support Center page. Or access it at the bottom of any page on the Markets.com website.

    For the convenience of Markets.com clients and to help the broker appeal globally, customer support is multilingual. It is available in English, Spanish, French, Italian, Bulgarian, German, or Arabic.

    Competitors

    Markets.com is in competition with similar brokers which have covered before, as follows:

    Markets.com Affiliate Program

    Markets.com does offer an affiliate program. There are separate programs for Affiliates, Introducing Brokers, and White Labels. The Affiliate program offers generous commission plans and reliable and quick payment. It also has a range of sophisticated and useful reporting systems. There is even a range of multilingual marketing tools that are highly effective as well as advanced. The affiliate program includes a dedicated affiliate manager as well.

    It only takes a minute to register for the affiliate program. Markets.com claims to offer the highest commissions in the industry. There are over 10,000 affiliates, putting you in good hands and providing service in 20 languages.

    The Introducing Broker program has multilingual support 24/5 and a first-rate rebate program. It also includes a range of customizable and professional marketing tools. White Labels are a unique option with a solution that is tailor-made for you. The solution is developed, hosted, and maintained by Markets.com.

    Conclusion

    Markets.com is an online trading platform that offers investors the opportunity to trade a range of instruments using CFDs. They have support for shares, commodities, indices, forex, and cryptocurrencies with over 2,000 trading assets.

    Account signup is very easy and fast and you also have the option of using a demo account first to get a feel for the platform, you don’t even have to register for this – simply login with your Google or Facebook account.

    The web trader platform is well designed and simple to use, their is a vast range of technical and fundamental analysis tools available to you – this is where Markets really shines, some of the best tools we have seen so far.

    Although they are not FCA regulated in the UK, they are registered with CySec in Cryprus, ASIC in Australia and FSCA in Africa.

    There is a wide range of trading instruments to choose from and the spreads are good.

    Екілік опциялар брокерлерінің рейтингі 2020:
    Ақшаны қайда салу керек?
    Пікір үстеу

    ;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: