Want to see if Markets.com is a legit broker? Is it safe to trade? It spread is high or low? How long to deposit or withdraw?
We provide answers to all the questions in this Markets.com Review.
We checked Markets.com licenses and regulations to see if Markets.com scam or safe. Compared Markets.com fees, spread & commission from the Live account to other 150 brokers, required time for deposit & withdrawal and many more findings all in this review.
What is Markets.com
Markets.com is a global Forex and CFD broker, established in 2008 and is a part of FTSE company.
The holding company is a publicly-traded company with extra layers of security and the brokerage firm based in Cyprus, also operates legal and regulated subsidiaries in South Africa, Australia and internationally based entity in BVI.
|🗺️ Regulated in||UK, Cyprus, Australia, South Africa, BVI|
|🛡️ Is Markets.com safe to trade||Yes|
|💵 EUR/USD spread||1.3 pips|
|🏦 Deposit||Bank Wire, Credit and Debit Cards , e-wallets|
|💰 Minimum deposit||US$100|
|🏦 Withdrawal||Bank Wire, Credit and Debit Cards , e-wallets|
|💻 Trading platform||MT4, MT5, MarketsI, MarkertsX|
|💳 Trading markets||Forex and CFDs on Commodities, Indices, Stocks, ETFs, Blends, Bonds and Cryptocurrencies|
|📈 Number of product||2200+|
|📉 Live chat response||Instant and relevant answers|
License and serious regulation are the keys to fund security. We check two factors, a brokers’ license also its background, and how you are protected if something goes wrong.
Is Markets.com legit
Markets.com is regulated by multiple financial authorities broker, also is part of Playtech a FTSE listed company regulated by top FCA.
The company headquarter is based in Cyprus and regulated by local CySEC, additional entities are regulated by Australia Securities and Investment Commission (ASIC), FSCA in South Africa.
Markets.com Licenses and status
|Entity||Registered in||Regulator||License no.||Status|
|Finalto Trading Limited||UK||Financial Conduct Authority (FCA)||113942||Currently Regulated|
|Finalto (Australia) Pty Ltd||Australia||Australia Securities and Investment Commission (ASIC)||AFSL 424008||Currently Regulated|
|Safecap Investments Ltd||Cyprus||Investment Industry Regulatory Organization of Canada (IIROC)||092/08||Currently Regulated|
|Finalto (South AFtica) Pty Limited||South Africa||Financial Sector Conduct Authority (FSCA)||no. 43906||Currently Regulated|
|TradeTech Markets (BVI) Pty Limited||BVI||BVI Financial Services Commission (FSC)||Registered|
Is Markets.com safe
Yes, Markets.com is considered safe because it is regulated by the top-tier regulators and has strong background.
Markets.com operates five legal entities, licensed and regulated according to local laws. The matter of entity apply differences between regulatory requirements and how traders are protected.
Markets.com compensation scheme
|Entity||Compensation Amount||Negative Balance Protection|
|Finalto Trading Limited||£85,000||Yes|
|Finalto (Australia) Pty Ltd||No compensation||Yes|
|Safecap Investments Ltd||€20,000||Yes|
|Finalto (South AFtica) Pty Limited||No compensation||No|
|TradeTech Markets (BVI) Pty Limited||No compensation||No|
We recommend registering trading account with the UK, Europe or Australia entities as they are considered the best.
Markets.com provides negative balance protection for Europe and the UK clients, however international proposal does not demand this rule.
Markets and Products
Markets.com has good range of products, you can trade Forex and CFDs on Commodities, Indices, Stocks, ETFs, Bonds, Blend and Cryptocurrencies.
The negative side is only that each entity has its own rage of available tools.
Markets.com has different ccount types with different pricing models depending on the account size and type of the trader, also separate proposal for trading and investing.
Login Account is on the website, depending on where you live different offices are available so you can register or access your online account.
Fees and commissions
We ranked Markets.com fee levels as average and low based on our findings and compared to 150 brokers in our database.
The spread we collected for popular instruments from 6 markets and over 150 brokers
|Forex||EUR/USD||0.1-0.9||1-1.5||1.6 or higher|
|Indices||US 500||0.1-0.4||0.5-1.4||1.5 or higher|
|Commodities||Gold||0.1-0.4||0.5-2||2.1 or higher|
|Stocks||Tesla||0.1-0.5||0.6-1||1.1 or higher|
|ETFs||US Russell 2000||0.1-0.4||0.5-1.4||1.5 or higher|
|Cryptocurrencies||Bitcoin||0.1-0.5%||0.6-0.9%||1% or higher|
Markets.com fee basis is different in each account type, Premium and professional clients getting extra discounts on costs.
Comparing the spreads charged for our test trades on the spreads average on low levels, compared to industry benchmarks so we rank Forex and Stocks spreads low and average., while Commodities fees are low.
|Markets||Instruments||Markerts.com spread||Other brokers’ avg spread|
|ETFs||US Russell 2000||0.40$||0.5-1.4|
Markets.com has low non-trading fees. There is no fee for deposit and withdrawals, but there is an inactivity fee.
Trading conditions at Markets.com are good. You can deploy mostly all types of strategies including scalping and hedging, investment option is available too.
|Change Leverage Allowed||Yes|
For hedging, there are no time limitations for keeping hedging positions.
Scalping strategy is allowed, Markets.com cooperates with various VPS providers for MT4 platform and does not restrictrun of Expert Advisors (EAs).
Markets.com leverage is different according to its entity regulations. 1:30 is for Europeans and international, Australian clients can enjoy higher 1:400.
Markets.com charges no deposit fees. You can select your account base currency and deposit via bank transfer, Credit Card or e-wallets., but the range of supported deposit methods depending on the entity.
A bank transfer can take few business days, while payment with credit/debit cards are immediate.
|Deposit Method||Funding Time||Fee|
|Bank Wire Transfer||1-2 business days||0$|
|Credit / Debit Card||Instant||0$|
The minimum deposit requirement at Markets.com is 100 USD/EUR/GBP for all entities.
Markets.com charges no fees for withdrawals likewise also offering the same payment options.
Markets.com process withdrawals within 1-2 business days, plus extra days to reach your account.
|Withdrawal Method||Withdrawal Time||Fee|
|Bank Wire Transfer||1-2 business days||Additional fees may be applied by receiving bank.|
|Credit / Debit Card||Up to 24 hours||Free|
Markets.com offers first-time deposit bonus only via international entity. Bonus programs usually available only for global applicants and restricted for European or UK traders due to regulations.
Markets.com offers various platforms including popular MetaTrader4, MetaTrader5 and proprietary Markets.com MarketsX and MarketsI for hare dealing investors.
Markets.com MetaTrader is available in both MT4 and MT5 versions and supporting large number of languages. Platforms available across all devices including Desktop, Web.
Markets.com mobile app is a native MarketsX App for Android and IOs.
Research and Tools
Markets.com research and tools are great, numerous tools are inbuilt in platforms including Calendars, Multiple News Channels including Trading Central, trading Signals and Ideas.
We cant point negative points of research, tools available through:
- MetaTrader trading platforms
- MarketsX and MarketsI Platforms
- Tools section on the website
Markets.com educational content is good quality suitable for beginners and advanced traders. You can find education videos, live stream education via Markerts.com Xray.
Demo accounts are free and available for all offered platforms including MetaTrader and Markets.com platforms.
At Markets.com you can learn in the following:
- Demo account
- Trading videos and tutorial videos
- Webinars, News
- Educational articles
- Live Stream XRay
Markets.com customer service is good, there is a FAQ section, also we got fast and proper answer via the Live Chat.
Markets.com supporting number of languages including English, French, Spanish, Italian, Arabic, German, Bulgarian, yet only available 24/5:
- Live chat
Markets.com live chat is a quick response available on the website or platforms
|Question Asked||We asked about research tools.|
|Time of Reply||We were connected to customer support Live Chat within minutes|
|Quality of Reply||The answer was very informative, providing links.|
Markets.com is a safe broker to trade, it has a solid background and multiple regulations around the world.
From the good points we would point good selection between trading platforms, and variety of available strategies with pricing models.
We recommend Markets.com for scalpers, beginning and advanced traders who prefer technical trading.
Author of this review
By Jimmy O'Brien
Author of this review
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets.
I am passionate about observing foreign exchange movements, sharing educational insights into the financial markets, and adding value wherever I can.