Markets.com Reviews 2023: Is it The Most User-Friendly Trading Platform?

Markets.com Reviews 2023: Is it The Most User-Friendly Trading Platform? title=
4.8/5
Luckily, simplicity is what you will find on Markets.com. Their website's design is clutter-free and easy to understand. It is no wonder that Markets.com is known for its reputation as one of the most user-friendly trading platforms available.
Min. deposit
$100
Website address
Demo account
Yes
Currency
AEDCZKDKKEURGBPNOKPLNSEKUSDZAR
Supported languages
EngRus
Active
Yes
Payment Methods
Credit CardDebit CardNetellerPayPalSkrillWire Transfer
Instruments
CFDCryptoForexSpread Betting (UK Only)
Min. trade price
0.01 lots
Regulated By
ASICCySECESMAFCAFSCFSCA
MetaTrader 4
Yes
MetaTrader 5
Yes
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
No
Trading Central
Yes
Autochartist
No
eSignal
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
Mobile Apps
iOS, Android
Margin Trading
No
Volatility Index
No
Spot Trading
No
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
Yes
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Managed Accounts
No
Market Maker
Yes
Auto Trading
No
Social Trading
No
Copy Trading
No
Trade Signals
Yes
Islamic Account
Yes
Guaranteed Stop Loss
Yes
Stock Exchanges
S&P 500
Commodities
GoldNatural GasOilSilver
Forex Trading
67 major, minor and exotic FX pairs
Forex GBPUSD Spread
1.3 pips (var)
Forex EURUSD Spread
0.70 pips (var)
Forex EURGBP Spread
1 pip var
Forex Assets
67
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Ladder Options
No
Boundary Options
No
Show all >>

* The amount that will be credited to the account in the case of a successful deal

*General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 4.8,
according to 968 reviews

4.5 Stars
ZO
ZO
stars
gb
I contacted the support desk at 3:30am and was called back by the advisor. The online app is good to keep an eye on. A good experience so far.

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Chino Li
Chino Li
stars
nl
Needed support chatted with David S. Helped me fast and without problems

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Pål
Pål
stars
no
I find Markets.com a good plattform for CDF trading. Everything is easy to use. Withdrawals are quick. The best about my experience with them is however the excellent personal support from my account manager Ahmad Razavi. I get daily emails with market overview and and important events for the day. He also send market updates and research every now and then when he has information he thinks I might find interesting. I also like that he calls every now and then with market updates or just to stay in touch. He makes me feel like a valuable customer, and is always there to help. When I first started I made stupid mistakes, Ahmad was there to educate me and help even without me needing to ask. I am leaving CDF trading for a while now, but will give Ahmad a call when I return to trading.

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Eugene Fraxby
Eugene Fraxby
stars
gb
Asked for support at 2am in the morning and got an instant response. Thanks Andreas E for excellent service.

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Daniel
Daniel
stars
au
Louis Wilkinson explained to me in detail, how to use my trading platform. He also showed me how to take advantage of the data available on the Web, Investing.com specifically, which added another tool to my trading arsenal. Thanks very much Louis.

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alex marquez
alex marquez
stars
es
Alessandro is so nice! someone very attentive, and careful. She has been waiting until she could help you solve any internal thing that she had. recommended 100%

View all

Content

Whether you are trading cryptocurrencies, stocks, and shares or simply trying out your hand at CFD and Binary Options trading, one of the first tools you need is a reliable platform that’s easy to navigate.

Unfortunately, most traders are immediately intimidated by the sheer number of available platforms, not to mention the varying user interfaces that come with each broker.

Especially if you are a beginner, you know how frustrating it can be to learn to use a new interface and, at the same time, learn to read charts and analyze data. Let’s just say simple is best when it comes to trading.

Luckily, simplicity is what you will find on Markets.com. Their website’s design is clutter-free and easy to understand. It is no wonder that Markets.com is known for its reputation as one of the most user-friendly trading platforms available.

This article will discuss everything you need to know about Markets.com, from its beginner-friendly interface to its tight spreads, VIP services, and much more. Let’s get started!

What is Markets.com?

What is Markets.com?

Owned and operated by Playtech PLC, a publicly traded company on the London Stock Exchange, Markets.com is a multi-asset trading platform that offers CFD and forex trading services to its clients.

What is Markets.com?

The company has been in operation since 2008 and is regulated by some of the most reputable financial authorities in the world, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the United Kingdom, and the Australian Securities and Investments Commission (ASIC).

With over 2,000 instruments available for trading and a minimum deposit of just $100, Markets.com is one of the most accessible trading platforms. The company’s website is available in 26 languages and serves clients from over 50 countries worldwide.

Further reading

What Fees does Markets.com charge?

What Fees does Markets.com charge?

One of the main attractions of Markets.com is its low fees. However, in most cases, platforms that offer low costs come with a caveat – they are usually less user-friendly or have fewer features than their more expensive counterparts.

In the worst of cases, they can even be scams designed to reel you in with deceptively low up-front fees.

Fortunately, this is not the case with Markets.com. The platform is feature-rich and user-friendly, and its fees are low in comparison with what it offers. Here is a breakdown of the fees you can expect to pay when using Markets.com:

  • Commission: Zero
  • Spread: Variable, starting at 0.6 pips
  • Overnight cost: Variable, depending on the instrument you are trading
  • Inactivity fee: $12 per month after three months of inactivity

Markets.com also offers a loyalty program that gives you cashback on your trades. The amount of cashback you receive depends on your trading instrument and your account type. For example, if you are trading major forex pairs with a Silver account, you can expect to receive up to $2.5 per lot.

Further reading

Deposit and Withdrawals

Deposit and Withdrawals

Another benefit of using Markets.com is that it does not charge deposit or withdrawal fees.

You can deposit and withdraw funds using various methods, including credit/debit cards, bank wire transfers, and e-wallets such as PayPal, Skrill, and Neteller. The minimum deposit is just $100, which is excellent for beginners.

Further reading

What Account Types are on Markets.com?

What Account Types are on Markets.com?

Markets.com offers something for everyone, ranging from your run-of-the-mill retail trader to high-rolling institutional investors.

What Account Types are on Markets.com?

Here is a breakdown of the different account types available on Markets.com:

Standard Account: This is the most basic account type designed for retail traders. The minimum deposit is just $100, and you get access to over 2,000 instruments, tight spreads, and leverage of up to 1:30.

Premium Account: Designed for more experienced traders, the minimum deposit for a premium account is $20,000. You get all the features of a standard account, plus access to exclusive market analysis, premium customer support, and invitations to VIP events.

Platinum Account: The minimum deposit for a platinum account is $50,000. In addition to all the features of a standard and premium account, you get access to a dedicated account manager, exclusive market insights, and invitations to exclusive VIP events.

VIP Account: The minimum deposit for a VIP account is $100,000. You get all the features of the other account types, plus a personal relationship manager to help you.

Further reading

What Tradeable Assets are on Markets.com?

What Tradeable Assets are on Markets.com?

If you are a crypto enthusiast, you will be happy to know that you can also trade cryptocurrencies on Markets.com.

What Tradeable Assets are on Markets.com?

The platform currently supports multiple coins including, but not limited to, top coins such as

If you are a crypto purist, however, you will not like the fact that Markets.com offers crypto trading as CFDs. A CFD (Contract For Difference) means you are not buying or selling the underlying asset. This is a common practice in CFD trading, but it is still something to be aware of if you want to trade cryptocurrencies.

On the flip side, trading crypto CFDs allows you to go long or short on your positions, which is impossible if you are trading the underlying asset. Plus, you don’t have to worry about storing your coins in a wallet. Apart from crypto, you can also trade a variety of other assets on Markets.com, including

Further reading

What Markets.com’s Trading Platform Looks Like?

What Markets.com’s Trading Platform Looks Like?

As we mentioned earlier, Markets.com is known for its user-friendly platform. The platform is available in three versions: a web trader, a mobile app, and a desktop app.

The web trader is the most basic version of the platform and can be accessed directly from the Markets.com website. The mobile app is available on the respective app stores for both iOS and Android.

The desktop app is a more advanced version of the site. It comes with all the bells and whistles you would expect. You can download it from the Markets.com website. All three versions of the platform support both MetaTrader 4 and MetaTrader 5; therefore, you can work with the platform you are most comfortable with.

Further reading

Markets.com Customer Service

Markets.com Customer Service

The Markets.com customer service team is available 24/7 via live chat, email, or phone if you need assistance.

The customer service team is professional and helpful, and in my personal experience, I had no trouble getting in touch with someone when I needed to.

One thing to remember is that the customer service team is not located in the same country as the company; the company is based in Cyprus, but the customer service team is located in Bulgaria. This is not necessarily a bad thing, but it is something to be aware of.

Further reading

Markets.com Regulation

Markets.com Regulation

“Transparency and disclosure are essential in today’s marketplace.”Jack Reed (a U.S. senator).

The good news is that Markets.com is a Cypriot investment firm that is regulated by the Cyprus Securities and Exchange Commission (CySEC).

CySEC is a European Securities and Markets Authority (ESMA) member, meaning that Markets.com is subject to the same rules and regulations as other Cypriot investment firms.

The company is also registered with several other regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa.

Regulation is an important metric to take into account when choosing a broker. A broker should not only be regulated but should also be regulated by bodies widely regarded as reputable.

Markets.com Regulation

Further reading

Does Market.com offer Leverage?

Does Market.com offer Leverage?

Yes, Market.com offers leverage on its trades. Unfortunately, leverage is a double-edged sword that can increase your profits and losses.

“The more leverage you have the more risky your position”Investopedia. That is why it is important to use leverage responsibly and to understand what you are doing before you use it.

As a regulated platform, Markets.com offers its users leverage based on their account type and their local regulatory status. For example, retail clients in the European Union are limited to maximum leverage of 1:30, while professional clients can use up to 1:300.

Compared to most CFD platforms, the leverage ratios offered by Markets.com are relatively high. Trading cryptocurrencies, however, comes with some of the lowest leverage on the platform at a maximum of 1:2.

Further reading

Markets.com Trading Tools

Markets.com Trading Tools

When it comes to trading tools, Markets.com has a decent selection. The platform comes with all the basic charting and analysis tools you would expect, plus a few extras.

Some of the more advanced trading tools available on the platform include:

  • Alarm Manager
  • Signal Manager
  • Correlation Matrix

Markets.com also provides tools which allow you to follow major inside information, economic events, and market news. The platform has a built-in economic calendar that gives you all the information you need to know about upcoming events. You can also set up price alerts to notify you when the price of an asset reaches a certain level.

Regarding technical analysis, the platform comes with a financial commentary that provides real-time market insights from a team of expert analysts. If you are from the UK, this broker offers Spread Betting, a tax-free way to trade the markets (depending on your jurisdiction).

With Spread Betting, you can speculate on the movement of certain CFDs and even apply leverage. Moreover, there are no commission fees on these types of trades.

Further reading
FAQs

FAQs

What is Markets.com?

Markets.com is an online CFD and Forex broker that offers its clients a range of tradable assets, including cryptocurrencies, stocks, indices, commodities, and forex. The company is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Markets.com?

The minimum deposit for Markets.com is $100.

What is the maximum leverage offered by Markets.com?

The maximum leverage offered by Markets.com depends on your account type and local regulatory status. At the highest level, users can access leverage of 1:300.

Is Markets.com a regulated platform?

Yes, Markets.com is a regulated platform. The Cyprus Securities and Exchange Commission (CySEC) regulates the company. Markets.com is also registered with several other regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa.

What type of trading account can I open with Markets.com?

The type of account you can open with Markets.com depends on your country of residence and your experience as a trader. For example, retail clients in the European Union are limited to a Standard account, while professional clients can choose between a Standard and an ECN account.

The main difference between the two account types is that the ECN account gives you direct market access and lower spreads.

What deposit methods are accepted by Markets.com?

The deposit methods accepted by Markets.com include bank transfer, credit/debit card, and e-wallet.

Can I trade cryptocurrencies with Markets.com?

Yes, you can trade cryptocurrencies with Markets.com. The platform offers a range of CFD-based digital assets, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

What are the trading tools available on Markets.com?

Markets.com offers a range of trading tools, including an economic calendar, price alerts, financial commentary, and technical analysis tools. Spread Betting is also available for UK-based clients.

How does Spread Betting work on Markets.com?

With Spread Betting, you can speculate on the movement of certain CFDs and even apply leverage. Moreover, there are no commission fees on these types of trades.

Conclusion

“Every battle is won or lost before it’s ever fought” – Sun Tzu. That is right. And trading is a battle. Now that you have gone through the review, you can agree that Markets.com prepares you for the battlefield in the best way possible.

Markets.com is a well-rounded online broker offering its clients a wide range of tradable assets, including cryptocurrencies and trading tools, to help them make the most informed decisions. So whether you are an institutional trader or a retail investor, there is an account type that will suit your needs.

The company is also registered with several regulatory bodies, which gives it a level of credibility while leaving you with peace of mind as you work. Plus, by supporting both MT4 and MT5, you can choose the trading experience that best suits your needs. If you are looking for an online broker with an excellent all-around offering, Markets.com could be a good choice for you.

It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.
Further reading