Markets.com
- Telephone: +44-20-3150-380
- Established: 2008
- Regulation: CYSEC, FSB
- U.S. Clients Allowed: NO
- Min Initial Deposit: €100
- Max Leverage: Max Leverage: 300:1 Default Leverage of 1:50 T&Cs Apply
- Spreads From (EUR/USD):2
- Pairs Offered: 50+ Currency Pairs Available
Review
Features and Account Types
Markets.com offers generous trading leverage up to 300:1 and competitive spreads, and traders can start with just $100 they can deposit via bank transfer or credit card. Users can set up their accounts in minutes and trade in gold, equities, oil, commodities, stock, currencies, and more than 1,900 contracts for difference (CFDs).
Traders can choose between a demo account and three types of demo and real accounts. The deposit limit for opening a real trading account is only $100, The demo can be opened with no deposit.
Trading Platforms
Markets offers several trading platforms: Markets WebTrader, Markets Mobile WebTrader, Native Android and IOS Apps, MetaTrader 4 + Tablet. Support is available for each of the platforms, and users can get a customized experience on all these platforms.
All the platforms offered by Markets are user-friendly and are widely available as web-based trading platforms, being compatible with Windows, Mac, and Linux operating systems. Those who want to trade on the go can use the Market Mobile Trader platform that is compatible with Android, and iOS devices.
Deposits/Withdrawals
Traders can use a variety of payment methods to make a deposit on Markets.com. These include credit and debit cards (Visa, MasterCard or Diners Club), wire transfer, PayPal, Skrill (Moneybookers), Neteller and local payment methods. Withdrawals are very simple, as traders only have to log into their trading account and click on the withdrawal tab to have their funds transferred, the funds will be returned to clients with the same payment method used to deposit. There are no charges for making a deposit or a withdrawal. As Markets.com is owned by a publicly traded company, this is a safe option for traders.
Customer Support
Markets.com offers call, email, and live chat support 24/5, and you can choose from 10 languages for support and 15 languages on the site itself. Localized telephone support is for several countries, and traders can choose from multiple languages where available.
Awards
Markets has received multiple awards over the past years, including the Global Banking & Finance Review “Best Broker in Customer Service Europe 2012” award and the “London Investor Show Forex “Best Customer Service 2012” award.
Conclusion
Due to their low minimum deposit requirement and their advanced options, Markets.com is a good choice for both those who have experience with trading and for those who are just starting out. The friendly customer support and easy access make the platform ideal for beginners who want to make informed decisions.
*RISK WARNING: Trading CFDs carries considerable risk of capital loss.