Markets.com vs USGFX Comparison

Compare Markets.com vs USGFX

Markets.com vs USGFX Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, MT5, Web Trader & Apps2000+ASIC, CySEC, FSCA
$100MT4, MT560+ASIC

Markets.com vs USGFX Comparison

Both of these brokers can offer MT4 and MT5. Markets.com also has a web trader and apps, which can provide many more CFD markets to trade and has a wider range.

USGFX is regulated by the ASIC in Australia. 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

Both offer MT4 and MT5. USGFX is an STP/ECN broker, Markets.com has more markets to trade on its web trader and apps.

Minimum deposit and account types

The minimum deposit for Markets.com is $100. The minimum deposit for USGFX is $100.

  • Markets.com offers Events & Trade (for news trading), Daily Analyst Recommendations, Insiders' Stuff (trending Stocks) and Trading Central on its web trader. On its website it provides an Economic Calendar and Weekly Market Reviews.
  • USGFX offers four account types. These are Mini, Standard, VIP and Pro-ECN. The minimum deposit for the Mini account is $100, the minimum deposit for the Standard account is $10,000, and the minimum deposit for both the VIP and Pro-ECN accounts are $50,000. The different account types can offer lower spreads, with the lowest being available on the VIP account. All account types have a minimum trade size of 0.01 lots.
  • USGFX provides Trading Central, the Recognia Trading System (which provides trading ideas), analysis, one on one coaching and an Education Center on its website with webinars, seminars, a trading guide and Blog, along with contests.

Markets

  • On its web trader, Markets.com offers Forex, Indices, Energy, Cryptocurrencies, Metals, Stocks, ETFs, Soft Commodities and Bonds, with 2000+ available.
  • On MT4, Markets.com provides Forex, Indices, Energy and Precious Metals with 60+ available.
  • On MT5, Markets.com offers Forex, Indices, Energy, Metals and Stocks with 240+ available.
  • USGFX offers Forex, Indices, Energy, Cryptocurrencies and Precious Metals, with 60+ available.

Cryptocurrency CFDs

  • Markets.com provides CFD trading in Bitcoin Futures, Ethereum, Litecoin and Ripple.
  • USGFX offers Bitcoin.

Spreads and leverage

  • Markets.com's spreads are fixed under normal market conditions from 2 pips for EUR/USD and from 1.2 for the UK100, 0.7 for Gold and 0.03 for US Crude Oil.
  • On MT5, Markets.com's spreads are fixed under normal market conditions from 3 pips for EUR/USD and from 2 for UK100, 0.58 for Gold and 0.05 for US Crude Oil.
  • USGFX offers variable spreads. On the Mini account, EUR/USD is from 2.8, on the Standard account EUR/USD is from 2.2, on the Pro-ECN account EUR/USD is from 1.5 and on the VIP account EUR/USD is from 1.3.
  • USGFX offers Gold spreads from 0.50 on all accounts except VIP, where they are from 0.36. US Oil spreads are from 0.027, plus commission.

Maximum leverage for Markets.com operated by Safecap Investments Limited (CySEC regulated) is . USGFX's maximum leverage is 500:1, except on the Pro-ECN account where it is 100:1.

Commissions

  • Markets.com does not charge commissions.
  • USGFX does not charge commissions for Forex or Precious Metals. It does charge commissions of $5 per lot per side for CFDs.

Platforms

MArkets.com offers MT4 and a web trader and apps. USGFX offers MT4 and MT5.

Comparison summary

  • Both offer CFD trading
  • Each has MT4 and MT5
  • Markets.com offers a web trader, which has many more markets
  • USGFX has a competitive number of markets for an STP/ECN broker
  • Both are regulated

Search this site

Translate