Markets.com Review

Markets.com Review

User Friendly Trading Platform With a wide Range of Trading Tools

  • FCA & CySEC regulated ✔
  • Forex spreads from 0.6
  • 2000+ CFDs
  • Trader Friendly grade: A+
  • Premium Features
  • 90 indicators
  • Minimum deposit: $100
  • Micro lot trading
User Friendly Platform • 24/7 Cryptocurrency CFD Trading • Markets.com

Markets.com Review

Markets.com offers a relatively large number of markets to trade on its user friendly web trader. It additionally provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the successor to MT4. Markets.com's web trading platform has the distinction of offering a wide range of trading tools, covering fundamental, technical and markets sentiment analysis. Markets.com offer a wide range of markets to trade, covering Forex, Indices, Energy, Soft Commodities, Cryptocurrencies, Shares, ETFs, Blends and IPOs. Blends offer ranges or themes of stocks (for example social media platforms). IPOs let the trader trade in a grey market ahead of the companies' Initial Public offering (IPO).

Bitcoin Futures

Markets.com offers trading in Bitcoin Futures CFDs (based on the CME Bitcoin Futures Contract, which is itself based on the CME CF Bitcoin Reference Rate). Leverage is offered at 1:1. The spread is as low as $140 and no Wallet is needed.

Cryptocurrency CFD Trading - No Wallet Required

In addition to Bitcoin Futures CFDs, Markets.com also offers Ethereum, Litecoin, Ripple, Bitcoin Cash and Dash CFDs. Leverage is available, up to 2:1 for Markets.com operated by Safecap Investments Limited (CySEC regulated). When trading a CFD, the trader does not own any Cryptocurrency and thus does not need a wallet.

24/7 Cryptocurrency CFD trading

Bitcoin Futures is traded Sunday 23.00 - Friday 22.00 GMT (with a daily break from 22.00-23.00). However the other Cryptocurrencies can be traded 24/7 (trading may be interrupted on Sunday due to system maintenance).

Awards

Markets.com was awarded 'Best Forex Provider Of The Year' and 'Best Forex Trading Platform', at the 2017 UK Forex Awards.

Opening an Account

Accounts can be opened from many countries except for Japan, USA, Canada and a number of other countries.

MARKETSX - Premium Account with VIP Service

MARKETSX is a premium account level, which offers decreased spreads and additional VIP service. MARKETSX

Minimum Deposit

The minimum initial deposit is $100. For MARKETSX, the minimum deposit is $250.

Online Trading Platforms

Markets.com provides a web trading platform, MT4 and MT5. Mobile and tablet apps are available as well. The web trading platform is arguably user friendly, with a clear layout. There are times frames from 1 minute to 1 month, Candles, Line, Bars, Area and Heikin-Ashi charts, and 90+ technical indicators.

Events and Trade

Market.com has a feature on its web trader called 'Events and Trade' which is an economic calendar that filters incoming events, based on the forecasts of a range of economists. This tool shows how a given event may affect various markets, according to its analysis.

Additional Fundamental, Technical and Sentiment Tools

In addition to Events & Trade, Markets.com offers Financial Commentary and Financial News, Trading Central, Multi-Symbol Charts (these allows the trader to have multiple charts displayed), Insider Trades (Stocks trading signals), Analyst Recommendations, Bloggers Opinions and Hedge Fund Confidence (which shows how leading hedge fund managers have increased or decreased their holdings of particular Stocks over the previous quarter, with an associated Positive or Negative signal). There is also a Knowledge Center. This has XRay (a calendar with links to events with experts), Video Tutorials, Education on Demand (with educational videos about trading) and MARKETS View (commentary from Markets.com's experts). Events and Trade

Spreads

MARKETSX has the lowest spreads, with EUR/USD spreads from a competitive 0.6, UK100 Index from 1, Gold from 0.3 and Oil from 0.02.

Leverage

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

Placing a Trade

The trader can choose a market to trade and then place a trade from 'Buy' and 'Sell' buttons on the chart. Orders may be placed from 0.01 lots for Forex (micro lots). A stop loss and a take profit can be set from the order box and also pending orders (Entry Limit and Entry Stop).

Regulation

Markets.com is operated by Safecap Investments Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license no. 092/08 and by the Financial Services Conduct Authority (FSCA) in South Africa as an Authorised Financial Service Provider under FSP no. 43906.

UK.markets.com (markets.com) is a trading name of TradeTech Alpha Limited (TTA) which is authorised and regulated by the Financial Conduct Authority (FCA), registration number 607305. TradeTech Alpha Limited is incorporated in England and Wales under company number 08663212 with registered address is at Eleventh Floor Broadgate Tower, 20 Primrose Street, London, England, EC2A 2EW.

Safecap Investments Ltd address is 148 Strovolos Avenue, 2048 Strovolos, P.O.Box 28132, Nicosia, Cyprus. Markets.com is owned by Playtech Plc (PTEC.L), an FTSE 250 software and services company listed on the London Stock Exchange.

Markets.com South Africa is operated by TradeTech Markets (South Africa) (Pty) Limited (TTMSA) which is a regulated by the Financial Sector Conduct Authority (FSCA) under license no. 46860. TTMSA is located at 11a Umhlanga Centre, 189 Ridge Road, Umhlanga, 4320, South Africa.

Markets.com Australia is operated by Tradetech Markets (Australia) Pty Ltd (TTMAU) which is an Australian based company (ACN 158 641 064) regulated by the Australian Securities and Investments Commission (ASIC) under license no. 424008. TTMAU is located at Level 32, 200 George Street, Sydney NSW 2000 Australia.

Order Execution

Safecap says that it receives prices from a number of feeds for Markets.com including CFH Clearing Limited, Six Financial and Leverate Financial Services Limited. It says that latency, the delay between an order request and response is on average 1.5 seconds, but can be as much as 6 seconds. Safecap says that Markets.com offers negative balance protection.

Summary and Grade

Markets.com has an extensive number of markets to trade, with a wide range of markets and a relatively large set of indicators and trading tools. With MARKETSX Markets.com can offer competitive spreads, for a minimum deposit of $250.

As well as providing a user friendly web trader, Markets.com offer MT4 and MT5. Markets.com's range of trading features and its wide offering of markets, help give it a Trader Friendly grade of A+.

Pluses and Minuses

  • Markets.com offers 2000+ markets
  • Markets.com has a wide range of markets to trade
  • Markets.com offers a web trader with a wide range of trading tools
  • Markets.com provides Bitcoin Futures CFDs to trade
  • Markets.com offers Weekend trading of Bitcoin Cash, Ethereum, Litecoin, Dash and Ripple CFDs
  • Micro lot trading is available
  • Markets.com provides competitive spreads

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