If you’re searching for an honest Markets.com review, you’ve come to the right place. In this detailed guide, we’ll cover everything you need to know about Markets.com, including its features, pros and cons, fees, regulation, and whether it’s the right broker for you.
Markets.com Overview
Markets.com is a well-known online trading platform offering CFDs (Contracts for Difference) on forex, stocks, commodities, indices, and cryptocurrencies. Launched in 2008, it is operated by Finalto (formerly TradeTech Group), a company regulated by top financial authorities, including the FCA (UK), CySEC (Cyprus), and ASIC (Australia).
Markets.com is popular among both beginners and experienced traders due to its user-friendly platform, competitive spreads, and educational resources. But is it the best choice for you? Let’s find out.
Markets.com Key Features
1. Trading Instruments
Markets.com offers a wide range of trading options, including:
- Forex (EUR/USD, GBP/USD, USD/JPY, etc.)
- Stocks & ETFs (Apple, Tesla, Amazon, etc.)
- Commodities (Gold, Silver, Oil, Natural Gas)
- Indices (S&P 500, NASDAQ, FTSE 100)
- Cryptocurrencies (Bitcoin, Ethereum, Litecoin)
2. Trading Platforms
Markets.com provides multiple trading platforms:
- WebTrader – A browser-based platform with a simple interface.
- Mobile App (iOS & Android) – Highly rated for ease of use.
- MT4 (MetaTrader 4) – Available for advanced traders.
3. Account Types
Markets.com offers two main account types:
- Standard Account – No commission, spreads from 1.2 pips.
- VIP Account – Lower spreads, personalized support (for high-volume traders).
4. Regulation & Safety
Markets.com is regulated by:
- FCA (UK) – Ensures high security for UK traders.
- CySEC (Cyprus) – Protects EU traders under MiFID II.
- ASIC (Australia) – Strict oversight for Australian clients.
- FSCA (South Africa) – Regulated for South African traders.
Client funds are kept in segregated accounts, meaning your money is protected even if the broker faces financial issues.
5. Fees & Spreads
- Spreads start from 1.2 pips on major forex pairs.
- No deposit or withdrawal fees (but check with your bank for third-party charges).
- Overnight fees (swap rates) apply for positions held beyond a day.
6. Deposits & Withdrawals
Markets.com supports multiple payment methods:
- Credit/Debit Cards (Visa, Mastercard)
- Bank Transfers
- E-wallets (Skrill, Neteller, PayPal)
- Cryptocurrency (Bitcoin)
Withdrawals are processed within 1-3 business days, which is standard in the industry.
7. Customer Support
Markets.com offers 24/5 customer support via:
- Live Chat (fastest response)
- Email ([email protected])
- Phone Support (varies by region)
Pros & Cons of Markets.com
✅ Pros
✔ Strong regulation (FCA, CySEC, ASIC)
✔ User-friendly platform (great for beginners)
✔ No commission on standard accounts
✔ Fast withdrawals (1-3 business days)
✔ Good educational resources (webinars, guides)
❌ Cons
✖ No MetaTrader 5 (MT5) support
✖ Limited cryptocurrency options compared to crypto-only exchanges
✖ Inactivity fee ($10/month after 12 months of no trading)
Is Markets.com Legit or a Scam?
Markets.com is 100% legit and not a scam. It is regulated by top-tier authorities, ensuring secure trading conditions. However, like all brokers, it has risks—especially since it offers CFD trading, which involves leverage and can lead to significant losses.
Who Should Use Markets.com?
✔ Beginners – Easy-to-use platform with educational tools.
✔ Forex & CFD traders – Competitive spreads and multiple assets.
✔ Mobile traders – Excellent app with full functionality.
Who Should Avoid Markets.com?
✖ Stock investors – Only CFDs, no real stock ownership.
✖ High-frequency traders – Not ideal for scalping due to spreads.
Markets.com vs. Other Brokers
| Feature | Markets.com | eToro | Plus500 |
|---|---|---|---|
| Regulation | FCA, CySEC, ASIC | FCA, CySEC, ASIC | FCA, CySEC, ASIC |
| Trading Fees | Spreads from 1.2 pips | Spreads + commission | Spreads only |
| CFD Trading | Yes | Yes | Yes |
| Real Stocks | No (CFDs only) | Yes (with ownership) | No |
| Minimum Deposit | $100 | $50 | $100 |
Verdict: Markets.com is great for CFD traders, but if you want real stock investing, eToro might be better.
Final Verdict: Is Markets.com Worth It?
Markets.com is a trusted and regulated broker suitable for forex and CFD traders. Its easy-to-use platform, strong regulation, and educational resources make it a solid choice for beginners.
However, if you’re looking for real stock ownership or advanced trading tools, you might want to explore alternatives like eToro or Interactive Brokers.
Rating: 4.3/5
✔ Good for: Forex, CFDs, Beginners
✖ Not ideal for: Stock investors, Scalpers
FAQ About Markets.com
1. Is Markets.com safe?
Yes, it is regulated by FCA, CySEC, and ASIC, ensuring high security.
2. What is the minimum deposit?
The minimum deposit is $100 for most accounts.
3. Does Markets.com charge withdrawal fees?
No, but your bank or payment provider might.
4. Can I trade real stocks on Markets.com?
No, only CFDs on stocks (no ownership).
5. Does Markets.com offer a demo account?
Yes, a free demo account is available for practice.
Conclusion
Markets.com is a reliable and regulated broker with a strong reputation. It offers a simple platform, good spreads, and strong security, making it a solid choice for CFD and forex traders.
Ready to start? Sign up on Markets.com and explore their demo account first!
This Markets.com review covers all the essential details to help you decide if this broker is right for you. If you found this guide helpful, share it with fellow traders! 🚀
Disclaimer: Trading CFDs involves risk. You may lose your capital. This is not financial advice.
