Markets.com is one of the world’s furthers reaching brokers, operating in over a 100 countries and offering 15 different languages. Giving traders the opportunity to trade in CFD and forex through wide ranging and extensive lists, have laid the soil for them to be a one of the fastest growing brokers. The broking brand is a part of the company Playtech, which is a part of the FTSE 250 on the London Stock Exchange. The platform is run by Safecap Investment Limited.
- Demo Account – Yes
- Minimum deposit – £100
- Minimum trade – £1
- Maximum trade –
- Signal service – No
- Mobile app – Yes.
Types of Trading
Markets.com contains an impressive range of assets. Traders can trade in forex, indices, stock, bonds and commodities. Despite the extensive of assets, finding a specific one is never a problem because of their very handy search functions. Markets.com list of assets are predominantly US based.
If you come from the binary option world the different options made available to you might be a little underwhelming. At Markets.com the only option available is spreads.
Scam or Speculation
Markets.com are a fully regulated through their operator. As mentioned above the platform is run by Safecap Investments limited, which is regulated by CySEC. Being a regulated broker little can be said about safety besides them being as trustworthy as any other regulated broker out there.
Their Trading Platform
The platform offered by Markets.com is above and beyond what most brokers offer their customers. The platform is especially well suited for CFD trading and offers features and complexity, which puts other brokers to shame. Markets.com has made the act of selecting assets a breeze by having both a search function category selection. The category selection can be further specialized, by adding different filters, such as major or minor in the currency section or grouping stocks into alphabetic order. Traders can also favorite certain assets, giving them a shortcut to their most traded or promising assets.
Once an asset is chosen, a price graph of the particular asset will show. The chart has a big variety analysis tools which can be used for a greater insight into the asset in question. This is probably the biggest strength of Markets.com. The chart can be scaled to suit timeframes ranging from 1 minute to 1 month. What’s more is the ability to put different overlays upon them, choose Switch, Bollinger bands og moving averages, ect. These overlays can be further modified by users, making traders able to fit their charts to exactly their needs. If you are the type who like you chart to look a certain way markets.com have your back by letting you change background and colors. A range of lines can also be added to your charts as a visual aid, such as trend lines, channel, support and resistance lines.
Once a trader has clicked confirm order a popup will appear on the screen, telling that the order is now in place. This will put the trade in the ‘open positions’ section and all trade details will still be visible. You can stop or edit any position at any given time. This makes you be able to manage your profits or losses very effective.
Traders at Markets.com are provided with a free mobile platform. The app runs on both Android and iOS, and are rated 3, 8 or above. The mobile platform looks and feels a lot like the web based one and gives access to the full list of assets available on the web. The visual side of the platform is a mirroring of the original platform, displaying the price chart with all the overlay features and analysis tools available.
Withdrawal and deposit
Deposits by all the regular sources are accepted. You can make deposits with wire bank transfers, all major credit and debit cards, e-wallets (Skrill and Neteller). They will not charge a fee or commission for any deposits made. And when wanting your profits out, the withdrawal will be made the same way as your deposit came and as with deposits, no fees are put on withdrawals.