start trading withMarkets

Markets.com CFD Broker Review 98

Markets.com is a power player in the CFD and currency trading arena. It is also a partner of the English Premier League team, Arsenal Football Club. Traders can enjoy a free demo account and a real money account with a £25 offer (T&Cs apply), no deposit needed. A wide range of tools is offered to make it easy to trade indices, stocks, commodities and currency pairs in multiple formats.

Overview/Background

Markets.com is owned and operated by Safecap Investments Ltd,, a subsidiary of the world’s leading gaming company, Playtech plc. This software giant is listed on the LSE (London Stock Exchange) and is also part of the FTSE 250 index. Among others, CFD traders can enjoy Android and iOS compatibility and a web-based trading platform at Markets.com. There are many benefits to trading at Markets.com including an unlimited Demo Trading Account, Advanced Charting Capabilities, Real-Time Quotes, 24/5 Trading Options, Leveraged Trading and Zero Commission.

The education section and the trading technical section provide a wealth of options to enhance your trades, and your understanding of the financial markets. The education tab features webinars where you can join a team of professional financial traders with years of experience in global financial markets. They will assist traders of all types with proven trading strategies. Plus, all of these options are available to traders in multiple languages, thereby making it easier to understand the intricacies of CFD trading, and forex trading. Markets.com is available in all regulated jurisdictions. Traders in the USA, Canada, Belgium and Japan are not allowed to trade at Markets.com.

Account Types

Traders have access to a real money account and a demo-trading account. The demo trading account is free and allows for unlimited trades. The real-money trading account features exclusive promotions for new traders, with a £25 offer (T&Cs apply) with no deposit required.

Trading Platform/Software
Trading CFDs at Markets.com is an exciting experience. Traders are fortunate in that there is an iOS app, an Android app and Web Trader available. Downloading apps is a breeze and you can trade for real money on the go. The trading platforms at Markets.com include the Markets App and Markets Web Trader.

The benefits of using the app include the following:

  • Proprietary technology designed for the ultimate trading experience.
  • Ideally suited to all makes of iOS smartphones and tablets and Android smartphones and tablets.
  • Wide range of trading tools and cutting-edge technology available at Google Play Store or App Store.

When it comes to the Markets Web Trader Platform, many benefits are available. These include advanced trading and research tools, no-download platform and a wide range of trading features. Since Playtech Ltd is the owner of Markets.com, traders can rest assured that security, transparency and credibility are guaranteed at Markets.com. Compared to other brokers, Markets.com is a cut above the rest.

What Are the Deposit Options?

In terms of deposits, the payments processing options include wire transfers, local payment methods, credit cards and e-Wallets. Unlike many other brokerages, Markets.com does not levy any fees or commissions on deposits. When you’re ready to withdraw your funds, the same payments processing method will be used when you made your deposit. Once again, there are no fees, commissions or other charges levied on withdrawals. Banking options are processed as quickly as possible, with various deposit methods. Withdrawals may take longer, since verification of client ID is essential.

Markets

The trading platform consists of shares, commodities, indices and forex. It is free to set up a demo trading account, and it offers unlimited trading opportunities. Traders can enjoy CFD trading on multiple instruments including the following:

  • CFD currencies – major currency pairs, minor currency pairs and exotic currency pairs
  • Bonds – TNOTE10, TBOND30, JPN10yBOND, Gilt10Y, GER10YBond etc.
  • Indices – Denmark 20, Hong Kong 45, India 50, Japan 225, Moscow 50, Amsterdam 25, Australia 200, Norway 25, UK 100, USA 2000, USA 30, USA 500, Tech 100, Swiss 20 etc.
  • Commodities – Aluminium, Brent Crude Oil, Cocoa, Coffee, Copper, Corn, Cotton, Gold, Heating Oil, Natural Gas, Platinum, Soybean, Sugar, Zinc, Palladium, Wheat and Others.
  • Exchange Traded Funds (ETFs) – ETFs include ACWI, AGQ, China CSI 300, DBC, DEM, DIA, EWT, EWY, FAZ, FXE, SPY, SSO, TBT, TWM, TZA, QID, XLY, XLU, XLP, VTI and others.

CFD trading, otherwise known as Contracts for Difference does not require traders to own an underlying asset. In other words, it is a speculative proposition on the future price of the instrument. As opposed to purchasing 1000 x FB (Facebook) shares from a stockbroker, traders can simply purchase 1000 x FB CFDs on site. If the price of the asset drops by $5 per share, the trader would incur a $5000 loss, while a $5 per share appreciation in the stock price would result in a $5000 profit. With CFD trading, profits can be generated with rising or falling markets. You can go short or you can go long and profit accordingly. Competitive spreads are available and traders can engage in small/odd-sized lots of trading. Additionally, CFD trading is commission free.

Offers

There is an exclusive promotional offer for CFD traders which includes a free £25 (T&Cs apply). All that is required to qualify for this offer is an account registration. Once the registration has been completed, the £25 will be credited to the trader’s account (T&Cs apply), and it will be available for immediate trading. Note that no deposit is needed to qualify for this offer. Typically, Markets.com requires that traders will need to trade a minimum volume of £10,000 for every £1 awarded. The free £25 (T&Cs apply) is not available to traders in non-regulated trading jurisdictions, and traders can immediately withdraw the remaining amount and any accrued profits as soon as a deposit has been made. The minimum trading volume of £10,000 for every £100 awarded is applicable too.

Customer Support

An online contact form is available by clicking on the contact us tab. Clients simply need to enter their name, type of query, email address, telephone number, subject of the query and a description. If there is an accompanying document, it can be uploaded. A series of international phone numbers is available including the UK, Argentina, Austria, Bahrain, Bulgaria, Chile and Cyprus. The UK telephone number is +44-20-3150-0380. The trading desk telephone number is +357-2-203-0583 (in English only). The complaints department requires a complaint form to be completed by clients. In all instances, customer support is courteous, professional and highly responsive.

Safety

Clients can enjoy complete peace of mind, since the site is secured by SSL technology (secure socket layer). It also features McAfee Secure registration, 18+ security and CySEC licensing and regulation. Traders accounts are kept separate from Markets.com account, in what is known as a segregated account with a reputable international bank. This ensures that traders’ funds will be kept safe, regardless of what happens with Markets.com. Any queries about safety can easily be directed at customer support.

Ease-of-use

Markets.com makes it really easy to toggle between shares, forex, indices, ETFs, CFDs, commodities, trading tools, education, health and other services. The registration process is very friendly to complete and validate, and multiple languages are available including English, Arabic, Italian, German, French, Russian, Swedish, Dutch, Polish, and scores of others. Customer support groups are accessible 24/5, making it much more convenient to trade at Markets.com. The trading platform is available on Android and iOS, and the MT4 trading station is quick and easy to download. The education resources are also easy to access and 100% free to traders. With Markets.com it’s a breeze to research the latest market news and trade with precision.

Final Thoughts

Markets.com is a leader in CFD trading and forex trading. As the chief trading partner of Arsenal Football Club, it is a reputable UK trading giant. A wide range of payments processing options is available, including Skrill, Maestro, MasterCard, Visa and others. The educational tools are useful and include a forex education, CFD education, technical and fundamental analysis, seminars and webinars among others. Various research tools such as trading signals, an economic calendar and Autochartist boost the appeal of this trading platform. As an MT4 trading site, clients have access to cutting-edge technology at all times. The trading platforms include mobile trading, web-based trading, SIRIX WebTrader and MetaTrader. Overall, traders will be well pleased with the user-friendly interface and the innovative nature of the trading platforms.

Pros

  • Regulated by CySEC & FSB
  • Unique Trading Tools:
  • 1.”Traders Trends” 2.”Events and Trade” 3.”Trending Now” 
  • Over 9 years of experience (established 2008)
  • Client funds are held in segregated bank accounts
  • No commission trading with tight spreads
  • Multiple languages and Islamic accounts
  • Practice Account available to traders
  • Multiple platforms to choose from including MetaTrader 4

Cons

  • Information on bonuses is scant
  • They charge inactivity fee
  • They don’t offer price alerts
  • They don’t offer DMA/ECN/STP Accounts
Markets Overview
Website: www.markets.com
Regulation: CySEC, FSB
Assets offered: Indices, Commodities, Stocks, Crude Oil, Gold & Silver, Forex
Minimum Deposit: €100
Deposit Options