Head Office: Cyprus
Founded: 2006
Phone: +357 2 203 0583
Email: support@markets.com
Website: www.markets.com
Sign up offer: Depends on the type of account opened
Demo Account: Yes
Minimum Deposit: $200
Maximum Deposit: $1000
Leverage: 200:1
Regulator: EU Regulated under CySec, Registered under MiFID, EEA, FSA Financial Licenses. South African Financial Services Board ( FSB).
Awards
- London Investor Show Forex “Best Customer Service 2012”
- Global Banking & Finance Review “Best Broker in Customer Service Europe 2012”
Company background
Markets.com is a Cyprus based online forex company exclusively owned by the SafeCap Investments Ltd. It is regulated by several reputable bodies in this trade such as FSA, MiFID and CySec. SafeCap Investment was started in the year 2006, by then known as Arbat Capital Ltd. It was, however, renamed to SafeCap in 2009 after it was allowed to trade in the forex markets in early 2008.
Markets.com gives a lot of services to its clients who have been increasing each day. Their services have termed as being unmatched thanks to the professional staff at markets.com. Markets.com has also been accredited as one among the few forex brokers who give genuine and fast markets analysis and very tight spreads to the benefit of the customers.
The market analysis can be accessed once you place your request to have the same. Markets.com is currently serving clients from more than 100 countries, something which gives it a very strong online presence. In addition, their services are also available in more than 24 languages that are commonly used around the globe. This makes it easy particular for the beginner traders to trade and at the same time feel at the right place. Ready to try Markets.com? Click here.
Markets.com Trading Video Preview
Trading platforms
Markets.com gives its clients the liberty to choose what they consider best trading platform for carrying out their trades their account types notwithstanding. Meta Trader also known as MT4 happens to be the most used platform in markets.com. MT4 comes with several state-of-the-art indicator tools, various charting, easy to use entry order, Expert Advisors and is very fast.
To start trading you need to open an account. You can do by three methods. Either open an account with Web Trader platform or download the mobile app for iPhone or Android and set up your account. All the trading platforms are accompanied with very tight security features and make it the most secured platform to use. Some other platforms include Market WAP Trader, Market iTrader and Market AutoTrader. They are equally good.
The company offer competitive spreads and generous trading leverage up to 200:1– all for a minimum deposit of just $200. Traders can set up a Markets.com standard account within seconds and can begin trading as soon as the funds transaction has been completed.
You can trade in equities, gold, oil, stocks, commodities, CFDs and currencies. More than 2,000 CFDs are offered, across all asset classes. Contracts for Difference (CFD) give traders all the benefits of owning a particular stock, index, or commodity position – without having to physically own the underlying instrument itself, enabling clients to trade the change in price of multiple commodity and equity markets, with leverage and immediate execution.
Markets.com provides commission-free trading, with absolutely zero fees and 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 200:1 is available for Forex, 100:1 for commodities and indices, and 20:1 for stocks where with a small, $5,000 funded account, traders can open large, $100,000 positions on various shares.
You will find an unlimited practice account or demo account is available for new traders or any other traders who wish to practice new trading strategies before moving on to a real account. This is beneficial for traders before they make any financial commitment.
Bonuses and Promotions
Markets.com offers a free bonus of $25 which does not even require a deposit, only registration. Remember that this bonus cannot be withdrawn until at least $25,000 worth of volume has been traded.
Markets.com have moved towards a policy of empowering clients to get themselves on-board quickly through online self-activation, without the aid of live customer support. Therefore as part of the process, new clients can expect walk-though tips and messages where necessary, occasionally including additional bonuses.
Celebrating their official partnership with Arsenal F.C., one of the world’s largest football clubs, Markets.com offered new clients the opportunity to win a VIP Markets-Arsenal Experience including 2 tickets to an Arsenal match, flights, a chauffeur, and hotel accommodation. Each new trader who deposits $1,000 or more in one transaction is automatically entered to win the VIP Experience. So that shows Market.com offers various promotions from time to time.
Social Trading
This broker is also position itself as a force to reckon in this industry especially with their recently launched social trading tools. Markets.com social trading incorporates two of the images that are also available in its homepage slideshow. One of the images looks more of eToro.
In addition, this company has also moved its Sirix Trading Platform way above the Meta Trader. The platforms can now be seen at its homepage. Markets.com is also implementing social trading within its retail forex sector.
Education
Markets.com offers extensive Forex and CFD trading education in the form of videos, seminars, a selection of webinars, the “Forex for Beginners” eBooks, and personal training.
In the News and Research section, traders at Markets.com can read the Forex daily briefings which present in-depth coverage of the foreign exchange market. Trading signals which help Forex and CFD traders recognize and take advantage of market momentum are delivered by Trading Central, a leading signal provider.
Traders can also receive full coverage and analysis on indices, commodities and stocks so they can stay ahead and understand the volatile markets. In addition, the Autochartist tool is available and traders can sign up to receive audio and visual alerts as soon as emerging and completed patterns are identified or when Fibonacci patterns are emerging. These alerts are accompanied by appropriate charts and graphs. Auto-chartist also offers Power Stats as a feature that give traders a better assessment of risk and volatility on the instruments they trade.
Deposits and Withdrawals
Markets.com is extremely flexible in handling the deposits and withdrawal requests from its clients. They accept debit and credit cards such as VISA, Dinner’s Club and MasterCard. The company also allows wire transfer of funds. To make it even better, markets.com permits its customers to do the deposits or withdrawals in their local banks, but there must be an agreement between them and the client first.
Unlike other firms in this business, at markets.com, there are absolutely no fees or commissions attached to deposits or withdrawal requests and processes. Markets.com withdrawals take about three days to mature once a request is placed.
Customer Support
Markets.com is not left behind either as far as customer services are concerned. Its support desk, which has more than 26 telephone lines, is manned 24/5. The services are also available in different languages. With offices in over 20 locations worldwide and representatives available who speak the language of the local office.
Email is also available as is live chat. An online form can be used to contact the main office of the broker. Customer service also includes personal and CFD training and expert account management. For knowing the 26 telephone lines visit here
Safety
Markets.com has set the standards in this industry in making sure that the customers’ account details and funds are entirely safe. Some of the safety measures employed here are technical while some are physical. Markets.com heavily relies on the SSL technology in making sure that the information the clients send is completely secure.
In addition, markets.com observes the strict safety measures that put in place by the various regulating bodies. On the hand, just like any other business, there are various pros and cons of using markets.com. some are discussed below.
Pros
- Clients are required to make a very small opening deposit as opposed to other brokers
- Markets.com is regulated by reputable bodies in the world of Forex trading
- This firm gives its clients several trading platforms making it easy for them to make a perfect choice
Cons
- Markets.com does not allow PayPal transactions.
Conclusion
Markets.com has strongly come out as a firm that knows how to follow the regulations that are set by its regulating bodies thus standing out as one of the best online firms to trade with. It has truly proved its legitimacy.
Markets.com has actually presented itself as the firm of choice for traders who are beginning as well as their seasoned counterparts. So, if you are looking for a reputable, safe EU regulated and broker, Markets.com is a good candidate – Click to visit today.
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