Looking for an Award Winning Forex Broker? Read our Markets.com Forex Broker Review
The name behind Markets.com is Safecap, a subsidiary of Playtech PLC, a company whIch is traded on the London Stock Exchange and a constituent of the FTSE 250 Index. Safecap has its base of operations in Limassol, Cyprus, and as such is licensed and regulated by CySEC. But what about Markets.com? Read our Markets.com review and we’ll share a few more details with you, so you can make an informed decision about whether this is the right broker for you.
A brief introduction to Markets.com
Owned and managed by Safecap, Markets.com is an online Forex and CFD trading platform which operates under a license from CySEC. It has also obtained a license to provide financial services from the South African FSB (Financial Services Board). Markets.com is able to offer a choice of more than 300 tradeable instruments including indices, currencies, commodity CFDs and trade stock. It is also available in more than 20 different languages There is a choice of trading platform, zero commission, tight spreads, and leverage up to 200:1. With a wealth of trading tools including take profit, entry limit, stop loss, customizable charts, analysis, and trading signals Markets.com has a lot to offer all kinds of trader.
What about a Markets.com bonus?
Anyone looking for a selection of bonuses isn’t going to be disappointed with Markets.com. As soon as you sign up for an account you are rewarded with a $25 Markets.com bonus. Which means you can start trading right away. Following your submittal of proof of identification and proof of residence, there are 2 further $25 bonuses. There are usually deposit bonuses available. But as these tend to change from time to time, it is better that you contact the broker for the latest details. For each trade that is made it is also possible to accumulate trading points which can be withdrawn once certain conditions are met.
What trading platforms does Markets.com offer?
Markets.com obviously believes in provided the best possible experience for its clients and has decided to provide a range of trading platforms. These include the popular MetaTrader 4 but there is also a MultiTerminal MetaTrader platform for those using more than one account. Whether you want to trade direct from your browser, mobile, or download there is a platform to suit you that is user-friendly, fully customizable, and tailored to meet personal needs. Markets.com has developed its own web-based platform with a great range of advanced tools and features. Markets.com mobile trader means you no longer have to worry about sitting at a desk when you want to make your latest trade. It is available for iOS and Android mobile devices and smartphones.
Enhance your trading experience with a choice of three different accounts
Markets.com offers an exciting range of account types, each one designed with a certain trader in mind. Which one gets chosen will depend on the initial deposit.
For those who want to start with a $100 deposit, the option is a Classic account. What it offers is pretty basic, but should be more than enough for those new to the game. It offers daily analysis in the form of a morning review, desktop and Markets.com mobile trading, video tutorials, 24-hour customer service and access to a range of webinars and seminars on Forex trading.
Next step up for those with a minimum of $2,500 to make as an initial investment is the Standard account. It has all the basic features along with a few extra. These include the services of a dedicated account manager, SMS news and signals, and premium daily analysis.
Finally, there is the Premium account, which requires a minimum deposit of $20,000, so obviously, this is an account designed for the more serious Forex trader. All the features mentioned before are available, along with premium customer service.
And let’s not forget the Markets.com demo account which is made available with no time restrictions. However long it takes for you to become confident you don’t have to worry with Markets.com. Many other demo accounts, unfortunately, come with a shelf life, usually 30 days. Which can be very restrictive when there is so much to learn.
A plethora of help lines means there is always someone available to help
The customer service experience provided by Markets.com is pretty amazing. There are more than 30 different help lines, located all over the world, as well as representative offices. This ensures there is always someone available when clients need some help. There is also a live chat option, which we found to be very responsive.
When it comes to education Markets.com provides all the tools needed to help clients keep up to date with the latest trends and how best to benefit from online trading. There is a great range of free and regularly updated resources that are available in a range of different languages. Also available are online trading strategies and tactics, shared by some of the industry’s seasoned experts.
So what do we think of Markets.com? Of course, we can only go on our own experiences and it’s likely some others may be different. But, whatever your skill level or initial investment there is something to suit you with Markets.com. It is a great broker with a wide range of financial instruments available, variety of trading platforms, and top quality customer service. When we researched this particular broker we read a number of off-putting articles, but it seems that Markets.com has put the bad times behind it and learned from its mistakes. It seems it is a broker that is in tune with what its customers want and need and is fully prepared to provide it. If you like some of what we’ve said in our Markets.com review, why not start out with a demo account, and you’ll soon be on course to start trading live.
|Company||Safecap Investments Ltd|
|Languages||English, Arabic, Italian, German, French, Czech, Danish, Dutch, Finnish, Greek, Hungarian, Lithuanian, Norwegian, Polish, Portuguese, Romanian, Russian, Slovenian, Slovakian, Spanish, Swedish.|
|Deposit Methods||Visa, MasterCard, Maestro, Bank Wire Transfer, Skrill and more|