Compare FXTM vs Markets.com - CFD Broker Comparison

Compare FXTM vs Markets.com

FXTM versus Markets.com Comparison Table
Trade Now >>Minimum DepositTrading PlatformsMarketsRegulated
$5MT4, MT5200+CySEC, FSCA, FCA, FSC
$100MT4, MT5, Web Trader & Apps2000+CySEC, ASIC, FSCA

FXTM and Markets.com Comparison

FXTM offers both ECN and non ECN trading accounts, with 200+ markets available. Markets.com provides CFD trading, with over 2000 markets available. FXTM has a lower minimum deposit. Both offer MT4 and MT5, while Markets.com additionally provides a web trader platform and apps.

FXTM is regulated by the FCA in the United Kingdom, the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa. Markets.com is operated by Safecap Investments Limited which is regulated by the CySEC in Cyprus and the FSCA in South Africa. Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd which is regulated by the ASIC in Australia. Markets.com Africa is operated by TradeTech Markets (South Africa) which is regulated by the FSCA in South Africa.

Quick comparison

FXTM: MT4 and MT5; Markets.com: MT4, MT5 and a web trader and apps; FXTM also has STP/ECN accounts, Markets.com has more markets.

Minimum deposit and account types

The minimum deposit for FXTM is $5. The minimum deposit for Markets.com is $100.

  • FXTM provides three Standard accounts. These are the Standard, Cent and Shares accounts. The minimum deposit for the Cent account is $/€/£5 or ₦1,000 and the minimum deposit for the Standard and Shares account is $/€/£100 or ₦20,000. These are instant execution accounts (they are not no dealing desk). Micro lot trading is available for all account types. Scalping is allowed only on the ECN accounts. FXTM provides a range of tools, including signals, daily market analysis, news and an economic calendar.
  • FXTM offers a number of ECN accounts. There include the FXTM ECN Account, the ECN Zero, the FXTM ECN MT5, the Strategy Account, FXTM Pro and FXTM Pro MT5. The ECN and MT5 accounts charge commissions, the others do not. The minimum deposit for the ECN Zero account is $/€/£200 or ₦20 000, the minimum deposit for the FXTM ECN MT5 account is $/€/£500 or ₦20,000, the minimum deposit for the Strategy Account is $/€/£100 and the minimum deposit for the FXTM Pro accounts is $/€/£25,000 or ₦5,000,000.
  • Markets.com provides three account types, Classic, Standard and Premium, depending on the deposit, and an Islamic account. The minimum initial deposit is $100 for the Classic and Islamic accounts, $2,500 for the Standard account and $20,000 for the Premium account. Micro lot trading is available.
  • All three Markets.com account types come with daily analysis, tutorials, customer support and webinars. The Standard account also comes with a dedicated account manager, SMS news and signals, and premium daily analysis. Markets.com's Premium account also comes with premium customer support.

Markets

  • FXTM can offer slightly different numbers of markets for each ECN account types, which can be between 35+ and 60+. The FXTM ECN account offers 60+. All the accounts provide Forex and Precious Metals, the FXTM ECN account can also offer Energy and Indices.
  • For the non-ECN accounts, FXTM can offer more markets on the Standard account, with 75+ covering Forex, Precious Metals, Energy and Indices. The Cent account offers less, at 25+, covering Forex and Precious Metals. FXTM also has a non-ECN account which provides 180+ Shares CFDs.
  • Markets.com offers Forex pairs, Indices, Energy, Metals, Soft Commodities, Stocks, Bonds, ETFs and Cryptocurrencies, with 2000+ available.

Spreads and leverage

  • Spreads at FXTM are variable, and for EUR/USD are from 1.3 on the Standard account, 1.5 on the Cent account, 0.1 on the ECN account, 0.5 on the ECN Zero account, 0.2 on the FXTM ECN MT5 account, 0.3 on the Strategy account and 0 on the FXTM Pro accounts.
  • FXTM offers a typical spread of 5.0 (Standard) and 1.5 (ECN) for UK100, a minimum spread from .107 (Standard) and .05 (ECN) for Gold and a typical spread of 0.09 (Standard) and 0.04 (ECN) For US Oil. The Shares Account has spreads on Share CFDs from 0.1.
  • Markets.com's spreads are fixed under normal market conditions, from 2 pips for EUR/USD, 1.2 for the UK100, 0.7 for Gold and 0.03 for US Crude Oil.

Maximum leverage for FXTM (FCA or CySEC regulated) is . Maximum leverage for Markets.com operated by Safecap Investments Limited (CySEC regulated) is .

Commissions

  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded. There is no commission charged for the ECN Zero, Strategy or Pro accounts or the non-ECN accounts.
  • Markets.com does not charge commissions.

Platforms

Both brokers provide MT4. FXTM also provides MT5 on its MT5 ECN account and a web trader based on MT4. Markets.com offers a web trader with 90+ indicators. These platforms are available on desktop, tablet and mobile.

Comparison summary

  • FXTM provides CFD trading with both ECN and non-ECN accounts
  • Markets.com provides CFD trading but is not an ECN broker
  • Markets.com provides more markets to trade than FXTM
  • As an ECN broker, FXTM can offer low variable spreads with a commission charge, as well as higher spreads without this charge
  • FXTM can also provide low ECN spreads, without a commission charge, for a relatively high minimum deposit on its VIP account
  • Markets.com offers fixed spreads without a commission charge

Search this site

Translate