This is a company that provides its clients with a convenient practical platform on which you can trade on 2,000 positions. The company provides quality customer service in 15 languages, this will be very convenient for customers from all over the world. The customer service is available 24 hours a day, 5 days a week.
Markets.com has a good reputation and the company is listed in the FTSE250 index. It does not take long to open a trading account, the platform is presented for traders specializing in trading stocks separately, and you can start with absolutely any amount. The company offers an extensive set of training materials, which will attract new clients.
Despite many positive aspects, the commission for transactions on CFDs and securities is much higher than that of competitors. The disadvantage will be the lack of support on weekends.
The main focus of Markets.com is trading with minimal risk on currency pairs and CFDs. The broker has a high level regulator – ASIC.
Does the company operate under the law?
Of course, the company is officially registered and the owner of the brand is Safecap Investment LTD. The company is supervised by the Cyprus Securities Commission and an information services company. The company also has a regulator in South Africa – FSB. The legal entity Playtech PLC, which is listed on the FTSE250 index of the London Stock Exchange, is also directly related to the company.
Markets.com provides an opportunity for margin trading which allows clients to participate in trades of a larger volume. This is an undeniable advantage which, with proper forecasting, will provide you with good profits. However, you must be prepared for the risk of loss to be high as well. Not recommended for clients with no experience in the stock market.
There is a tendency that many brokers offer rather low leverage levels, because many regulators consider it a big risk for clients and can lead to the loss of funds. We therefore recommend that you always check your leverage levels depending on where you are based and depending on your nationality.
Markets.com offers a fairly high leverage of 1:400 mainly for Forex. However, if you follow the rules of the Cyprus regulator and open an account in a European jurisdiction, your maximum leverage will be 1:30.
Options for opening a trading account
Markets.com offers only one option to open a trading account, but all trading options, all instruments will be available.
The Company offers trading in 2,000 assets, including indices, currency pairs, digital currencies, commodities and raw materials. Some of them have zero commissions.
Of course, most of the instruments will correspond to what most Russian companies offer, however, some services will be unique and peculiar only to this company.
For example, the company offers zero commissions on 12 financial markets this applies to trading in currency pairs in a total of about 50 positions, no commissions are taken. In this case only the spread is paid. Spread levels are different, for example, on the major currency pairs EUR/USD and GBP/USD spread is 2 pips.
The company also has in its arsenal the possibility of trading on cryptocurrency. Trading digital currency does not require any experience, it is enough to understand the principle of the market and know how to use the trading platform. The company is trying to minimize the risks of customers, therefore, limits the cost of opening a transaction to two thousand dollars. There are also other options to reduce the risk of loss.
Deposit and withdrawal of funds
In order to deposit or withdraw your funds it is not necessary to contact the customer support or your account manager, just log into your personal cabinet and conduct the operation from there. These options are also available when using the mobile app. The company accepts all known plastic cards for payment, you can also send money by transfer from your bank account. The company also uses electronic payment services and wallets for fast and convenient funding of your trading account. Among the available ones: PayPal, SKRILL, Neteller.
There are also restrictions associated with the minimum deposit to start trading in this company is $100, which is not a large amount.
Markets.com provides customer support in different languages, our team has tested the level of knowledge of the customer support team and the response time of the specialist, we put a high score and believe that the customer service will meet the expectations of any trader.
To get assistance, you can contact the hotline, use the Live Chat on the company’s website, or send an email.
After the analysis of broker company Markets.com, we are convinced that it is a quality regulated licensed broker with great experience and its own approach to trading on the market. The company offers a large enough amount of assets for trade, including digital currencies. The company is proud of the development of its trading platform, as it is very convenient and has only positive feedback from the customers of the company. This platform is available as a version you do not have to install it, there is also a handy application for smartphones. Beginners will like the low starting deposit and a sufficient amount of training materials. We recommend considering Markets.com brokerage company as a good partner for a long time.