Broker Review

Markets.com Review: The Right CFD Broker For Commodity Traders?

Disclosure: Your support helps keep Commodity.com running! We earn a referral fee for some brokers & services we list on this page. Learn more...
markets.com screenshot of website

Risk Warning: Your Capital is at Risk.

Overview

Markets.com is a brand and trademark used by Safecap Investments Limited. It’s a multi-asset broker offering Contracts for Difference (CFD) to retail traders.

CFDs allow traders to speculate on the price of assets without actually owning them in their accounts. The Markets.com platform enables traders to trade thousands of instruments across several different asset classes.

Markets.com has been recognized by industry professionals for its innovative trading platform and first-rate customer service. The firm boasts multiple awards, including:

  • Forex Best Customer Service Award — 2012 London Investor Show
  • Best Broker in Customer Service Award — Global Banking & Finance Review 2012
  • Best Forex Trading Platform and Provider — UK Forex Awards 2017

Traders seeking a competent, reliable online broker with a huge menu of CFDs to trade at competitive spreads would do well to consider Markets.com as their broker.

This Markets.com review will give readers important facts about the broker and discuss its major strengths and weaknesses.

Why Choose Markets.com?

Pros of Markets.com
Cons of Markets.com
Trustworthy broker (We scored Markets.com 85/100 in our broker trust rating)Fixed stop-loss and profit contingency levels
24/5 customer support via email, phone or live chatOnly major cryptocurrencies available to trade
Low minimum withdrawal (from 5 $/€/£)
Nearly 100 indicators for technical analysis
markets.comlogo
Markets.com Overview
OverviewMulti-asset broker offering Contracts for Difference (CFD) trading to retail investors
Founded2008
ProductCFDs (MarketsX), Stocks (Marketsi)
MarketsBonds, Commodities, Cryptocurrencies, Forex, Indices, ETFs, Shares
Countries Served Markets.com serves customers in most countries across the globe. See below for restricted countries, Markets.com does NOT support nor cater for U.S customers
Minimum Deposit$100
FeesTraders don’t pay commissions on CFD trades. Instead, they pay a Markets.com spread on each trade.
Regulator(s)CySec, FSCA
Customer Support24-hour support 5 days-a-week via email, live chat, and phone
Awards2012 Forex Best Customer Service Award - London Investor Show,
2012 Best Broker in Customer Service Award - Global Banking & Finance Review,
2017 Best Forex Trading Platform and Best Forex Provider - 2017 UK Forex Awards.
Demo AccountYes - with 10,000 credit in currency of choice

Start Trading Now at Markets.com

Mobile Trading with Markets.com

Markets.com offers an all-in-one trading platform that can be accessed through web browsers. That said, the platform and dashboard are fully responsive, available on all devices, including mobile and tablets (both iOS and Android).

Finding Assets and Charting Feature

Markets.com’s mobile platform makes it easy to find preferred asset classes or currency pairs. Thanks to the simple-scroll page, users can browse products on offer.

Asset List
This screenshot is only an illustration. Current market prices can be found on the broker website.

Below the product list resides a charting tool. Users can decide whether they want a single chart, or two side-by-side.

Executing Trades on Mobile

Much like with the desktop web trader, the mobile application and responsive web trader allows trades to be completed in just a few clicks.

Executing a trade
This screenshot is only an illustration. Current market prices can be found on the broker website.

When performing a trade, users are have the option to decide on the:

  • Order type* — e.g. market orders (next available market price) or pending orders (specific allocated market price)
  • Direction* — buy or sell
  • Amount* — currency per point
  • Stop-loss threshold — your limit of maximum loss
  • Profit threshold — your limit of maximum profit

* = required fields when submitting a trade.

The Mobile Menu

The responsive mobile menu is a neatly designed one. Users can access the full functionality from the hamburger menu with one click.

Mobile menu
This screenshot is only an illustration. Current market prices can be found on the broker website.

Some of these include:

  • My Account
  • Notification centre
  • Watchlist
  • Invest mode
  • Open positions
  • Orders
  • Funds management
  • Verification Centre
  • Trading Tools

More, the account’s overall financial standings are presented at the bottom of the menu, displaying the account balance, equity, free margin, and net profit/loss.

Overall Verdict on Markets.com Mobile Trading

Due to the fully-responsive solution, all features carry over when users choose to pocket-trade using tablets and other mobile devices. The intuitively designed user interface makes it possible to execute a trade with a thumb’s tap and swipe. More, the app is available both for Apple iPhones and Androids.

The mobile application also provides extensive support material on trading, including the live and interactive content regularly streamed by industry-leading experts. Social trading tools are likewise accessible from the mobile menu.

If you prefer to trade using external software, Markets.com officially supports Metatrader 4 and 5 — both of which are fully responsive trading applications.

Start Trading Now at Markets.com

Markets.com Platform Review

The Markets.com platform has a modern look and an elegant design. The designers developed the platform with practicality in mind. The layout makes it very easy to switch between different panels such as watchlists, positions, charts, and news.

markets dashboard
This screenshot is only an illustration. Current market prices can be found on the broker website.

Useful Features

Some of the basic features worth highlighting are:

  • Favorites List: The main dashboard also allows easy customization of favorites and watchlist. Traders simply need to click on the star icon.
  • Notifications: Traders can click on the bell icon to stay notified about a particular asset’s market movements.
  • User-Friendly Trade Tickers: The trade ticket has large fonts and an eye-catching design. Traders can quickly send orders with just two clicks. New traders will find this ticket easy to use.
  • Negative Balance Protection: A guarantee that you cannot lose more money than the amount you deposited.

More sophisticated traders will appreciate some of the advanced functionality on the ticket.

  • Color-Coded Indicators: The colorful design incorporates sentiment features, which allow a trader to easily see whether other traders on the platform are buying or selling the instrument.
  • Stop-Loss and Profit Contingency: Traders also have the ability to easily add stop loss and take profit conditions to their orders by simply checking a box and adding the prices.
  • Separated Contingency Trades: Contingency tickets are set apart from other trading items, making it easier to keep track of.

What we didn’t like about the Markets.com trade ticket is that once the trader has added a stop loss or take profit contingency to an order, there is no way to move these levels.

For a platform designed to appeal to sophisticated and advanced traders, this is a flaw that the developers must address.

Charting Features

The Market.com’s platform offers close to 100 indicators for technical analysis, which exceeds the functionality available on many comparable platforms.

The Markets.com Trader platform also offers proprietary indicators for forecasting market direction, which allows traders to automate their technical analysis. In addition, the charts incorporate the sentiment tools so traders can gauge market opinions while analyzing charts.

On Mobile: Both single and multi-charting tools are available on mobile. See the mobile platform review for more details and screenshots.

Dashboard Display

The charting software also incorporates the trader’s orders and stops on the display, which is a very nice feature not available on many other platforms.

The trader’s activity is shown with an order number and a dotted line with trading levels. This feature allows traders to see how their stops or take profit levels compare with key technical levels in the trading instrument.

markets.com double chart
This screenshot is only an illustration. Current market prices can be found on the broker website.

A very nice feature of the Markets.com platform is that the different panels within the main trading screen link with one another. For example, when a trader clicks on a symbol, the chart and news tabs populate with information on that symbol.

Alongside an ever-present chart on the dashboard,  traders can also search their positions and watchlists or pull up a trading ticket while continuing to view a chart.

Trading Tools

Safecap Investment Limited, the parent company of Markets.com, has collaborated with TipRanks, a leading provider of aggregated Big Financial Data, to produce certain tools for Markets.com traders:

Markets Consensus

  1. Daily Analyst Recommendations (DAR): This tool is available to all traders on the Markets.com platform. It collects all the public stock recommendations by leading financial analysts and presents it to as real-time data.
  2. Insiders’ Stuff: A tool for analyzing the forms filed by insiders with the U.S. Securities and Exchange Commission (SEC) reporting their transactions. This enables traders to see whether insiders are buying or selling the shares they are trading.
  3. Social Sentiment: A tool for accessing the world’s most influential financial bloggers in real-time. Markets.com traders can get the latest and most updated sentiment from the various financial websites, media channels and blogs.
  4. Hedge Funds’ Activities (HFA): A tool for analyzing the sentiment of your holdings based on the value of shares bought or sold by hedge funds in the last quarter. With HFA, you can view the holding change and resulting holding value of the stock at hand, along with the action of the hedge fund’s transaction. The trends can be seen quarter over quarter since 2014.

On Mobile: All of the above trading tools are available on Markets.com’s mobile platform. See our mobile trading review for more.

Trader Trends and Blogger’s Opinions

This is a social tool for measuring the sentiment of a particular financial instrument among traders in the Markets.com community. The Markets.com platform shows the trading trends of Markets.com traders and updates every few minutes.

bloggers opinion markets.com

The displayed percentages of an instrument’s sentiment value are calculated to the nearest 1% and are derived from real data of live open and recently closed positions.

Trading Central

Markets.com indicators offer insights about market and trading instrument momentum, forecasted volatility and movement, and other data.

Trending Now

Markets.com offers a tool for filtering, searching and finding the top trending instruments in real-time market conditions. The categories for trending instruments include:

  • Top Risers
  • Top Fallers
  • Top Volatile
  • Top (Markets.com) Trader Trends
  • 52-Week High
  • 52-Week Low
  • Uptrend
  • Downtrend
  • 30-Day High
  • 30-Day Low

Events and Trade

Events and Trade is a Markets.com tool for taking advantage of the news cycle and events that might affect the price of instruments traded on the platform.

markets.com events

The tool sorts through the annual economic calendar and finds potential trading opportunities on a variety of currency pairs over a number of different time frames. This tool is especially useful for fundamentally driven traders who have opinions about upcoming news events.

Investment Strategy Builder

The investment strategy builder allows you to create a custom trading plan. Some of the customizable options include:

  • Index selection
  • Sector selection
  • Average daily trading volume
  • Market cap range
  • Price-earnings ratio

More, you can set up custom alerts named “signals” from three categories:

  • Social signals — from bloggers, experts, and news networks
  • Technical signals — statistics-based
  • Profit/growth signals — exclusively tracking profit and growth metrics.
investment strategy builder signals
The investment strategy builder’s signals.

On Mobile: You can also use the investment strategy builder on mobile. See our mobile trading review for more.

Metatrader 5

Metatrader is a software application created by MetaQuotes. It is an incredibly popular and widely supported trading platform. While it may be too complex for beginner traders, the most recent release of Metatrader 5 may be appealing to advanced traders.

metatrader5
This screenshot is only an illustration. Current market prices can be found on the broker website.

The Markets.com trading dashboard and platform are feature-rich, but Metatrader offers additional chart analytics functionalities, along with a broader, simpler trading interface designed for efficiency, rather than ease-of-use.

MarketsX and Marketsi

Markets.com offers two distinct in-house trading platforms alongside the options of trading on Metatrader (MT4 & MT5) or their respective mobile applications.

The key difference is that Marketsi offers real stocks for traders, while MarketsX offers CFDs.

MarketsX

MarketsX is a multi-asset trading platform that includes Markets.com’s investment strategy builder. The MarketsX platform offers a variety of asset classes as CFDs.

The platform comes with real-time analytics tools, along with expert trading tips accessible from the trading dashboard.

Some of the customization options of the investment strategy builder
Some of the customization options of the investment strategy builder.

Marketsi

Marketsi also comes with the investment strategy builder, alongside the ability to engage in share dealing.

Marketsi offers real stocks, meaning traders can actually own shares of their chosen companies.

Marketsi functionality

Those new to share dealing have the benefit of 3 months commission-free trading. The commissions thereafter are:

  • EU Shares (French, German, and Spanish) = 0.1% (min €10)
  • UK Shares = 0.1% (min £8) 
  • US Shares = 2c (min $15) 
  • AU Shares = 0.1% (min A$10)

Start Trading Now at Markets.com

MetaTrader 4 & 5

MetaTrader is trading software supported by Markets.com. It gives traders the ability to automate trading, working with specialized trading tools, in-app charting, and customizable technical indicators.

While MT 4 was built exclusively for Forex trading, MT 5 supports the trading of multiple CFD assets, including Indices, and Commodities.

Markets.com Education Resources

The Markets.com Education Center offers a comprehensive suite of educational resources for traders looking to improve their trading. The tools are free for Markets.com customers:

Live Webinars and Video Tutorials

Markets.com holds live webinars several times a month on topics of interest to active traders. Webinars cover topics ranging from live trading to cryptocurrencies.

x-ray webinar - markets.com
Webinars are called “X-Ray” sessions. You can set reminders to attend them or add them directly to your Google or Outlook calendar.

Markets.com also offers a set of pre-recorded video tutorials. Advanced traders may find these slightly lower level, so these are suitable for novice traders.

On Mobile: The tutorials and live webinars are also accessible on-the-go on mobile. See our mobile trading review for more.

Economic Events

Markets.com has a section of its website dedicated to helping traders decipher and understand key economic events such as the Fed and ECB decisions on interest rates or economic releases such as gross domestic product (GDP) or the producer price index (PPI). The information is presented in a series of short videos.

The News and Analysis section of the Markets.com website contains information on important fundamental events.

Start Trading Now at Markets.com

Trading On Markets.com

Before you start trading on Markets.com, there are a few things you should know.

Markets.com Trading Products

Markets.com offers customers trading in CFDs on eight different classes of assets:

  1. Shares
  2. Currency Pairs (Forex)
  3. ETFs
  4. Indices
  5. Commodities
  6. Blends
  7. Cryptocurrencies
  8. Bonds.

1 — Shares

Markets.com traders have access to markets in 2,000 shares from 12 major markets. Some of the most popular shares available include:

  • USA: Apple, Netflix, Uber, Adobe, AMD
  • UK: Avast, Aveva, Just Eat, Sage
  • Germany: Bayer, Freenet, Allianz
  • France: Atos, Gecina, Scor, Ingenico
  • Spain: Bankia, Bankinter, BBVA, Indra
  • Italy: Intesa, BMPS, SNAM, Tenaris
  • Netherlands: ING, Shell, Fugro
  • Sweden: Castellum, Fabege, Swedbank, SSAB
  • Denmark: Aegon, Coloplast, Vestas

These company shares are from the following countries, and traders can use leverage of up to 1:5 on share CFDs:

Markets.com Shares — Countries

Italy, Australia, Netherlands, Germany, Switzerland, USA, Belgium, UK, Spain, France, Hong Kong, Sweden, Greece, Finland, Austria, South Africa, Denmark, Czech Republic, Portugal, Poland, Russia, Norway, Japan

2 — Currency Pairs (Forex)

Markets.com provides markets in more than 60 pairs including all majors, minors and many exotics:

Markets.com Forex Trading

MajorsMinorsExotics
AUD/USDAUD/CADEUR/HUF
EUR/USDAUD/CHFEUR/PLN
GBP/USDAUD/JPYEUR/TRY
NZD/USDAUD/NZDUSD/CZK
USD/CADCAD/CHFUSD/HUF
USD/CHFCAD/JPYUSD/MXN
USD/JPYCHF/JPYUSD/PLN
EUR/AUDUSD/TRY
EUR/CADUSD/ZAR
EUR/CHF
EUR/GBP
EUR/JPY
EUR/NOK
EUR/NZD
EUR/SEK
GBP/AUD
GBP/CAD
GBP/CHF
GBP/JPY
GBP/NZD
NZD/CAD
NZD/CHF
NZD/JPY
USD/DKK
USD/NOK
USD/SEK
USD/SGD

3 — ETFs

Markets.com traders have access to more than 50 ETFs across the globe, including:

Markets.com ETFs

DIA, EWT, EWY, SPY, SQQQ, TBT, TQQQ, UGAZ, UPRO, URTY, VTI

4 — Indices

Markets.com traders can trade more than 40 major indices from over 20 countries including the S&P 500, Dow Jones, NASDAQ, Nikkei, DAX, and FTSE 100, as well as:

Markets.com Major indices

UK 100, Australia 200, Germany 30, Europe 50, Hong Kong 45, Spain 35, Tech 100, USA 30, USA 500

5 — Commodities

Markets.com provides markets in over 25 of the most popular hard and soft commodity CFDs globally:

Markets.com Commodities

Aluminum, Brent Oil, Cocoa, Coffee, Copper, Corn, Cotton, Gold, Heating Oil, Natural Gas, Oil, Palladium, Platinum, Rice, Silver, Soybean, Sugar, Wheat, Zinc

6 — Blends

Markets.com blends are baskets of shares that are combined to reflect a shared theme that can potentially be linked to specific market trends or developments. Traders in blends get exposure to a number of shares in specific sectors as a single product. There are a total of 20 blends available for traders.

Markets.com Blends

InstrumentSpreadsLeverage(up to)
E-Commerce Blend0.23 (USD)1:10
Social Media Blend0.15 (USD)1:10
US Tech Blend0.15 (USD)1:10

7 — Cryptocurrencies

Markets.com offers 6 of the major cryptocurrencies as tradable instruments. These are:

Bitcoin Futures, Ripple, Ethereum, Dash, Bitcoin Cash, and Litecoin

8 — Bonds

Markets.com provides markets on CFDs for several popular bond instruments like US Note 10Y, Gilt 10Y Bond, and Ger 10Y Bond.

On Mobile: All of the above assets can be traded on mobile, too. See our mobile trading review for more.

Markets.com Account Types

Markets.com keeps it’s simple and offers three account types. One of these is a demo account, while the other two real-money accounts are retail and professional accounts.

Retail and Professional Accounts

Both retail and professional accounts require real money to trade. New users are able to sign up for either option, although the requirements are different.

The retail account has no minimum requirements, although traders are still screened through a few questions that assess trading knowledge and experience.

The professional account offers what Markets.com refer to as “enhanced trading” with lower spreads and premium trading tools like premium reporting and analysis. Professional accounts also have allocated account managers.

Professional Margin Rates and Leverages

Professional traders are exempt from retail regulatory limits, and are subject to the following margin rates:

  • Major FX pairs: 300:1
  • Major Indices: 200:1
  • Gold: 200:1
  • Commodities: 150:1
  • Equities: 10:1
  • Cryptocurrencies: 10:1

Retail Trader Protection

As a retail trader, you have several regulatory measures to protect you. As a professional trader, these do not apply.

  • Restrictions on CFDs: leverage restrictions to prevent losses over a particular limit.
  • Disclosures: full disclosures TTA disclosure when trading CFDs.
  • Knowledge and Experience: pre-cautionary assessment of necessary knowledge to carry out certain trades.
  • Order Execution: entitled to Markets.com’s “Best Execution” practices, including the prioritized overall cost of trade, notifications about obstacles in carrying out the order, frequent periodic statements.
  • Fund Safeguarding: funds kept in separate, secure accounts.
  • FSCS Investor Compensation: eligible for compensation under the FSCS.

Criteria for Professional Accounts

To qualify for a professional account, traders must meet the following criteria:

  • Size of financial instrument portfolio to exceed €500,000 (including cash deposits)
  • At least one year of professional experience in the financial sector
  • At least 10 transactions executed per quarter over the past 4 quarters (of “significant size” – no exact amount provided by Markets.com)

Demo Account

The free demo account has the same screen layout as the live trading account. Traders can toggle back and forth between the demo and real money account with the button on the bottom left of the main screen.

markets.com chart
This screenshot is only an illustration. Current market prices can be found on the broker website.

The account also comes with 10,000 demo credits of the account holder’s chosen currency, including all educational resources, as well as access to the live webinars and social trading tools. More, the demo has no time limit.

Traders can open a real money account with $/€/£ 100. The quantity is the same regardless of the currency used to make the deposit. All account types come with access to Markets.com 24/5 support and all of the site’s educational materials.

markets.com registration

Markets.com Spreads and Commissions

Traders don’t pay commissions on CFD trades. Instead, they pay a Markets.com spread on each trade. The broker offers very competitive pricing on all its CFDs including spreads as low as 2 pips on popular currency pairs such as GBP/USD and EUR/USD.

Markets.com informs trades of the minimum spread on each product. However, if market volatility increases, these Markets.com spreads may be greater. Below are the minimum Markets.com spreads for each type of asset:

Shares: Spreads on the more than 2,000 share CFDs available for trading vary greatly by country and liquidity in the underlying shares. Traders should consult the Markets.com website for more details.

Major Currency Pairs

Markets.com Major Currency Pairs

InstrumentSpreads in Pips (as low as)
AUD/USD3
EUR/USD2
GBP/USD2
NZD/USD4
USD/CAD3
USD/CHF3
USD/JPY3

Minor Currency Pairs

Markets.com Minor Currency Pairs

InstrumentSpreads in Pips (as low as)
AUD/CAD8
AUD/CHF7
AUD/JPY4
AUD/NZD6
CAD/CHF8
CAD/JPY6
CHF/JPY4
EUR/AUD9
EUR/CAD5
EUR/CHF5
EUR/GBP3
EUR/JPY4
EUR/NOK80
EUR/NZD20
EUR/SEK100
GBP/AUD7
GBP/CAD12
GBP/CHF5
GBP/JPY4
GBP/NZD9
GBP/SGD60
NZD/CAD10
NZD/CHF7
NZD/JPY3
USD/DKK20
USD/NOK100
USD/SEK100
USD/SGD6

Exotic Currency Pairs

Markets.com Exotic Currency Pairs

InstrumentSpreads in Pips (as low as)
CHF/PLN40
EUR/CZK70
EUR/HUF72
EUR/PLN35
EUR/RON250
EUR/RUB100
EUR/TRY30
GBP/RON250
GBP/TRY30
USD/BRL6
USD/CNH2.5
USD/CZK70
USD/HUF75
USD/INR1
USD/MXN10
USD/PLN30
USD/RON200
USD/RUB75
USD/TRY30
USD/ZAR120

Cryptocurrency Pairs

Markets.com Cryptocurrency Pairs

InstrumentSpreads in Pips (as low as)
BCHUSD12.00 (USD)
Bitcoin25.00 (USD)
BITCOINEUR30.00 (EUR)
Dash6.00 (USD)
DASHEUR5.00 (EUR)
ETHCLASSIC0.1380 (USD)
Ethereum6.00 (USD)
ETHEREUMEUR5.00 (EUR)
Litecoin0.80 (USD)
LITECOINEUR0.50 (EUR)
RIPPLE0.0030 (USD)

Indices

Markets.com Indices

InstrumentSpreads (as low as)
Amsterdam250.19 (EUR)
Australia2003.00 (AUD)
China5020.00 (USD)
Denmark202.50 (DKK)
Dollar Index0.05 (USD)
Europe502.00 (EUR)
France401.25 (EUR)
Germany301.20 (EUR)
Greece2015.00 (EUR)
HongKong4510.00 (HKD)
India505.00 (USD)
Italy4015.00 (EUR)
JAPAN22510.00 (JPY)
Moscow501.00 (RUB)
MSCITaiwan0.20 (USD)
Norway252.00 (NOK)
Poland203.00 (PLN)
SAfrica4073.00 (ZAR)
Spain357.00 (EUR)
SWEDEN300.50 (SEK)
Swiss205.00 (CHF)
TECH1000.75 (USD)
UK1001.20 (GBP)
USA20000.40 (USD)
USA302.00 (USD)
USA5000.60 (USD)

ETFs

Markets.com ETFs

InstrumentSpreads (as low as)
ACWI0.20 (USD)
AGQ0.08 (USD)
ChinaCSI3000.10 (HKD)
DBC0.03 (USD)
DEM0.20 (USD)
DIA0.60 (USD)
DLN0.30 (USD)
EWT0.06 (USD)
EWY0.25 (USD)
FAS0.10 (USD)
FAZ0.10 (USD)
FXE0.20 (USD)
IDU0.45 (USD)
IWM0.35 (USD)
IWO0.50 (USD)
MDY0.90 (USD)
MSCI Mexico0.20 (USD)
QID0.06 (USD)
QLD0.25 (USD)
SDS0.04 (USD)
SFYAX0.20 (AUD)
SLV0.03 (USD)
SPXU0.05 (USD)
SPY0.40 (USD)
SSO0.20 (USD)
TBT0.07 (USD)
TWM0.07 (USD)
TZA0.15 (USD)
USO0.02 (USD)
VTI0.35 (USD)
XLB0.20 (USD)
XLE0.35 (USD)
XLF0.10 (USD)
XLI0.20 (USD)
XLK0.15 (USD)
XLP0.20 (USD)
XLU0.15 (USD)
XLV0.20 (USD)
XLY0.25 (USD)

Commodities

Markets.com Commodities

InstrumentSpreads (as low as)
Aluminum10.00 (USD)
Brent Oil0.04 (USD)
Cocoa5.00 (USD)
Coffee0.35 (USD)
Copper0.0055 (USD)
Corn0.70 (USD)
Cotton0.30 (USD)
Gold0.70 (USD)
Heating Oil0.0020 (USD)
Natural Gas0.003 (USD)
Oil0.03 (USD)
Palladium1.75 (USD)
Platinum1.50 (USD)
Rice0.09 (USD)
Silver0.030 (USD)
Soybean1.50 (USD)
Sugar0.04 (USD)
Wheat0.65 (USD)
Zinc10.00 (USD)

Bonds

Markets.com Bonds

InstrumentSpreads (as low as)
GER10YBond0.06 (EUR)
Gilt10Y0.08 (GBP)
JPN10yBond0.08 (JPY)
TBOND300.08 (USD)
TNOTE100.06 (USD)

Customers pay no other Markets.com commissions, including when depositing and withdrawing funds. There are no hidden commissions at Markets.com, and the company is mainly compensated for its services through the spread and daily swap charges.

What are swap charges? Swap charges or swap rates are the charges you pay daily based on how much the interest rates for your traded assets change overnight

Maximum Leverage and Margins

CFD traders on the Markets.com platform have access to varying amounts of maximum leverage depending on the products they are trading. The maximum leverage amount for retail clients are:

  • Forex Majors: Up to 1:30
  • Non-Major Currency Pairs, Gold and Major Indices: Up to 1:20
  • Cryptocurrencies: 1:2
  • Commodities (excluding Gold), Bonds, Non-Major Equity Indices: Up to 1:10
  • ETFs, Blends, Shares: Up to 1:5
  • Investment Strategy Builder: Up to 1:1

It must be noted that the above maximum leverages are for retail clients only.

Professional leverages are far greater — up to 1:294 in the case of Forex Assets.

Margin Requirements

Markets.com margin requirements for each trade appear in the trade window when opening a ticket. Traders on the Markets.com platform can see in real-time the amount of margin they have used and the margin available.

When a trader’s margin ratio (calculated as equity divided by initial margin) decreases, the account bears a greater risk of having its positions closed out by Markets.com. Traders can find the precise Markets.com margin requirements for each security on the website as well as on the trading platform.

Negative Balance Protection

A vital feature of Markets.com is their negative balance protection. With many beginner traders, the concepts of leverages and margins may be unfamiliar.

Negative balance protection ensures that regardless of how you trade turns out, you will not lose more money than the amount you initially deposited.

Funding and Deposits

Markets.com has a simple and straightforward minimum deposit amount for new accounts. Traders pay $/€/£ 100 to open an account – the quantity is the same regardless of the currency.

Markets.com services customers worldwide with the exception of a few countries, including the US, where local regulations prohibit traders from opening accounts.

Traders opening an account have several funding choices:

  1. Credit cards: Markets.com accepts Visa, MasterCard, and Diners Club.
  2. Wire Transfer: Markets.com allows bank-to-bank or person to institution wire transfers of funds. The broker doesn’t allow cash transfers into any of its bank accounts.
  3. Fast Wire Transfer: This allows traders to wire funds in their local currency, which saves currency conversion charges.
  4. E-Wallets: PayPal, Skrill, and Neteller.
  5. Other methods: Markets.com accepts other country-specific funding methods. Traders should inquire with customer service.

Account Verification

Before you can trade with Markets.com for the first time, you need to verify your account with the following information:

  • Proof of Identification
  • Proof of Residence
  • National Client Identifier (NCI) – like a passport, or driving license number

Demo account registrants do not need to verify their accounts.

On Mobile: Account verification can also be performed on mobile. See our mobile trading review for more.

Proof of Identification

Clear copy of a valid Passport; if this is not available, you have to provide a copy of your National ID or Driver’s license. Passports should be provided at your earliest convenience.

Note that all details must be clearly visible:

  1. Full name
  2. Date of birth
  3. Date of expiry
  4. Photograph
  5. Document’s number and full security strip if applicable.

Proof of identification displaying initials will not be accepted as proof of identity.

Proof of Residence

The proof of residence can include items issued by a financial institution, utility company, government agency or judicial authority:

Acceptable Form of ProofUnacceptable Form of Proof
Bank statementReceipts
Credit card statementHand written biils
Electricity billInvoices for purchasing goods
Water or gas bill
Landline phone bill
Internet or TV service
Municipality statements

*Proof of residence documents must have been issued within the last six months. All documents provided must be issued in the name of the client; third-party documents will not be accepted.

National Client Identifier (NCI)

As part of regulatory reporting obligations, Markets.com is required to verify your NCI. To validate your NCI, you need to provide them with the documents indicated above. Based on your nationality, additional documentation may be required such as a clear copy of a Citizen Card, Taxpayer card, Passport, National Insurance number, National Identification number, document indicating your fiscal code, or such.

Enhanced Verification

As part of your account verification, additional information might be required in order to meet regulatory requirements. Information that might be requested from you for these purposes can include:

  • Proof of Phone Number – This can be a document verifying your phone number (mobile or landline). This can be a phone bill, a tax statement, a bank statement, a payslip or any other official document issued by a third party that carries your name and phone number. The document must indicate your full name as per your identification documents. In order to approve the submitted document, an employee from Markets.com will contact you on the phone number indicated in the document.
  • Bank Confirmation Letter — Letter from your banking institution, based in the EEA or an equivalent country, which includes your verified Full Name, Address, Date of Birth and Passport/ID number. If the passport or ID number is different from the one on the identification document previously submitted Markets.com will require a clear copy of it.

Once registered, traders have access to both demo and real trading accounts.

Markets.com Withdrawals

Withdrawing funds from your account is easy. You can only withdraw funds using the same method that you used to deposit them, and to the same account as previously used to deposit.

Markets.com does not charge for withdrawals. Please keep in mind, however, that some banks may charge transaction fees.

There is a minimum withdrawal amount for every payment method as listed below:

  • Credit/Debit card: minimum 10 USD/EUR/GBP
  • PayPal: minimum 10 USD/EUR/GBP
  • Wire Transfer: minimum 100 USD/EUR/GBP and 20 EUR within EU
  • Skrill/Neteller: minimum 5 USD/EUR/GBP

Start Trading Now at Markets.com

Markets.com Background

Markets.com was founded in 2008 under the name GFC Markets. In 2010 it took the name Markets.com after its owner Safecap Investments Ltd merged with forex software developer TradeFX.

In 2015 Playtech plc, a publicly-traded software company acquired TradeFX, and thus Markets.com, for €458 million.

Customer Support

With multiple awards under their belt in the customer services department, Markets.com have gained notoriety for their exceptional support team and infrastructure.

5 days-a-week, 24-hours-a-day, a support team is ready to handle client requests via e-mail, support tickets, live chat, as well as phone. This is available on desktop, tablets, and mobile.

Knowledgebase and Resources

Alongside the outstanding live support availability, Markets.com offers a support center with a list of pre-answered frequently asked questions.

There is also a dedicated page with all publicly-disclosable legal documents, so traders can familiarize themselves with possible legal pitfalls and limitations.

Where Does Markets.com Operate?

IMPORTANT: CFDs are not available in the USA due to local regulation, and regulated brokers do not accept US citizens or US residents as clients.

Markets.com serves customers in dozens of countries across the globe.

Full list of countries Markets.com operates in

  • Albania
  • Andorra
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Austria
  • Azerbaijan
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belize
  • Benin
  • Bhutan
  • Bolivia
  • Brunei
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Côte d’Ivoire
  • Cabo Verde
  • Cameroon
  • Central African Republic
  • Chad
  • Chile
  • Colombia
  • Comoros
  • Congo (Congo-Brazzaville)
  • Costa Rica
  • Croatia
  • Cyprus
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Eswatini (fmr. “Swaziland”)
  • Fiji
  • Finland
  • France
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Greece
  • Grenada
  • Guatemala
  • Guinea
  • Guinea-Bissau
  • Haiti
  • Holy See
  • Honduras
  • Hungary
  • Iceland
  • India
  • Ireland
  • Italy
  • Jamaica
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Kuwait
  • Kyrgyzstan
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Madagascar
  • Malawi
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius
  • Mexico
  • Micronesia
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Namibia
  • Nauru
  • Nepal
  • Netherlands
  • Nicaragua
  • Niger
  • Nigeria
  • North Korea
  • North Macedonia
  • Norway
  • Oman
  • Palau
  • Palestine State
  • Paraguay
  • Peru
  • Poland
  • Portugal
  • Qatar
  • Romania
  • Rwanda
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Seychelles
  • Sierra Leone
  • Slovakia
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Sudan
  • Spain
  • Suriname
  • Sweden
  • Switzerland
  • Tajikistan
  • Tanzania
  • Timor-Leste
  • Togo
  • Tonga
  • Turkmenistan
  • Tuvalu
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Uruguay
  • Uzbekistan
  • Venezuela
  • Zambia
  • Zimbabwe

The platform is offered in the following languages: English, French, Arabic, Italian, Spanish, Dutch, German, Greek, Norwegian, Russian, Polish, Czech, Danish, Finish, Swedish.

Customers in the following countries and territories are NOT allowed to open accounts due to local laws and regulations:

See all the countries Markets.com are NOT allowed to open accounts in

  • Afghanistan
  • Algeria
  • American Samoa
  • Angola
  • Australia
  • Belgium
  • Bosnia Herzegovina
  • Bahamas
  • Botswana
  • Brazil
  • Cambodia
  • Canada
  • China
  • Cuba
  • Democratic People’s Republic of Korea (DPRK)
  • Ethiopia
  • Ghana
  • Guam
  • Guyana
  • Hong Kong
  • Indonesia
  • Iran
  • Iraq
  • Israel
  • Japan
  • Lao People’s Democratic Republic
  • Macao
  • Malaysia
  • Myanmar
  • New Zealand
  • Northern Mariana Islands
  • Pakistan
  • Panama
  • Papua New Guinea
  • Philippines
  • Puerto Rico
  • Russia
  • Serbia
  • Singapore
  • South Korea
  • Sri Lanka
  • Sudan
  • Syrian Arab Republic
  • Taiwan
  • Thailand
  • Trinidad & Tobago
  • Tunisia
  • Turkey
  • Uganda
  • US Virgin Islands
  • USA
  • Vanuatu
  • Vietnam
  • Yemen

IMPORTANT: CFDs are not available in the USA due to local regulation, and regulated brokers do not accept US citizens or US residents as clients.

In addition, Markets.com operates in 9 languages:

  • Arabic
  • English
  • Danish
  • Dutch
  • French
  • German
  • Italian
  • Portuguese
  • Spanish

Can I Trust Markets.com?

Yes, Markets.com is a secure way to trade CFDs and is regulated by two regulatory bodies:

  • Cyprus Securities Exchange (CySEC) in Cyprus (Registration number: 092/08)
  • Financial Sector Conduct Authority (FSCA) in South Africa (Registration number: 43906)

One such requirement is that the broker must submit financial statements regularly to CySEC to ensure that the firm possesses adequate capital to operate.

See the table below for exactly which regulator covers you in your country and what protection is offered.

RegulatorCountries CoveredProtection OfferedAdditional Protection Offered
Cyprus Securities Exchange (CySEC)Andorra, Argentina, Austria, Bahrain, Belgium, Bulgaria, Chile, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Gibraltar, Greece, Hungary, Iceland, Isle of Man, Israel, Italy, Kuwait, Latvia, Liechenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Monaco, The Netherlands, Norway, Oman, Poland, Portugal, Qatar, Romania, Saudi Arabia, Slovakia, Slovenia, Spain, South Africa, Sweden, Switzerland, United Kingdom, United Arab Emirates and UruguayAll client funds are held in a segregated client bank account.Investor Compensation Fund may provide up to €20,000 if Markets.com fails.
Financial Sector Conduct Authority (FSAC)South AfricaFSCA ensures consumers are treated fairly by the financial services providers they deal with, and that they enjoy a safe trading environment.

Traders should also take comfort in the fact that Playtech plc, the parent company of Markets.com, is publicly traded on the London Stock Exchange main market and is a constituent of the FTSE250. As a publicly-traded firm, it must regularly disclose information to the public about its financial health.

Markets.com uses SSL encryption technology to protect its servers from hackers and unauthorized users. The broker only works with PCI-certified international payment service providers.

In addition, Markets.com uses firewalls and encryption to protect data transmissions. The firm asserts in its Privacy Policy that it will only share customer information with Safecap and its affiliates and not with any third parties unless required by law.

Start Trading Now at Markets.com

Frequently Asked Questions

Here are some common queries from beginner traders and those considering using Markets.com as a trading platform.

Who is Markets.com regulated by?

Markets.com is operated by Safecap Investments Limited and they are regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSAC) in South Africa. Markets.com’s CySEC license number is 092/08, while their FSCA license number is 43906.

Who owns Markets.com?

Markets.com is officially owned by Safecap Investments Limited and is a subsidiary company of Playtech. Playtech is a software development company that was founded in 1999.

Who Owns Markets.com?

Markets.com is a subsidiary company of a much larger firm named Playtech. Playtech was founded in 1999 in Estonia and his currently headed up by CEO Mor Weizer. The company is based in London has 17 global locations. It also trades on the London Stock Exchange as a FTSE 250 entity.

The company is listed on the FTSE 250 index and trades on the London Stock Exchange. Playtech’s CEO, Mor Weizer, has held is position since May, 2007.

What is MetaTrader?

MetaTrader (MT) is a trading software application developed by MetaQuotes. It is popular amongst millions of traders industry-wide and is supported by several trading platforms. It offers additional analytics tools with a simple interface designed for multi-tasking and advanced trading.

MetaTrader 4 is a platform for trading CFD forex instruments while MetaTrader 5 is used to trade other asset classes like stocks and indices alongside forex CFDs.

How do I withdraw money from Markets.com?

To withdraw your funds from Markets.com, head over to the menu on the top-right of your screen. Select the currency sign, click the dropdown arrow, and select “withdraw.” Before you can withdraw your funds (desktop or mobile), you need to perform a full account verification.

You can only withdraw funds using the same method you used to deposit those funds with.

How long do withdrawals take with Markets.com?

The duration of your withdrawal process depends on your method of withdrawal. Credit card withdrawals can take anywhere between 2 to 8 days, wire transfers may take between 2 to 5 days, while all other payment methods like PayPal and Neteller are said to take 2 days. Markets.com does NOT charge withdrawal fees, although payment providers may.

Is Markets.com a good broker?

Markets.com is a feature-rich trading platform provider with an award-winning customer service team. What makes a “good” trading platform or broker is not exactly black and white — there are many factors to consider.

That said, Markets.com has a robust and responsive platform, is regulated by two authorities, and is owned by a company trading on the London Stock Exchange. These are all promising indicators of trust.

Start Trading Now at Markets.com

<<< Plus500 Review  |   eToro Review >>>

Credits: Original article written by Lawrence Pines. Major updates and additions in May 2020 by Marko Csokasi with contributions from the Commodity.com editorial team.

[[{{Country}} Welcome]]
[[{{Country}} Welcome]]