Markets.com

Telephone: +44-20-3150-380
Established: 2006
Regulation: CYSEC, FSB
U.S. Clients Allowed: NO

Min Initial Deposit: £100
Max Leverage: Max Leverage: 300:1 Default Leverage of 1:50 T&Cs Apply
Spreads From (EUR/USD): 2
Pairs Offered: 50+ Currency Pairs Available

Review

Features and Account Types

Markets.com offers generous trading leverage up to 300:1 and competitive spreads, and traders can start with just $100 they can deposit via bank transfer or credit card. Users can set up their accounts in minutes and trade in gold, equities, oil, commodities, stock, currencies, and more than 1,900 contracts for difference (CFDs).

Traders can choose between a demo account and three types of real accounts, a Classic account, a Standard one, and a Premium account. The deposit limit for opening a classic trading account is only $100, while the minimum deposit amount for a standard trading account is $2,500. To benefit from a premium trading account that comes with a dedicated account manager, premium daily analysis, and premium customer support, traders need a minimum deposit of $20,000.

Trading Platforms

Markets offers five trading platforms: MetaTrader4, MetaTrader Multi-Terminal, Markets Web Trader, Market Mobile Trader, and Sirix WebTrader. Support is available for each of the platforms, and users can get a customized experience on all these platforms.

All the platforms offered by Markets are user-friendly and are widely available as web-based trading platforms, being compatible with Windows, Mac, and Linux operating systems. Those who want to trade on the go can use the Market Mobile Trader platform that is compatible with Android, and iOS devices.

Deposits/Withdrawals

Traders can use a variety of payment methods to make a deposit on Markets.com. These include credit and debit cards (Visa, MasterCard or Diners Club), Webmoney, wire transfer, and local payment methods. Withdrawals are very simple, as traders only have to log into their bank account and click on the withdrawal tab to have their funds transferred into their bank account. There are no charges for making a deposit or a withdrawal. As Markets.com is owned by a publicly traded company, this is a safe option for traders.

Promotions

A $25 promotion is offered to any trader simply for registering on the platform, even if they do not make a deposit. Other promotions are available from time to time as well for both new and existent traders.

Customer Support

Markets.com offers call, email, and live chat support 24/5, and you can choose from 21 languages. Localized telephone support is available for 35 countries, and traders can choose from multiple languages where available. Account management and 1-on-1 training are also available for premier accounts.

Awards

Markets has received multiple awards over the past years, including the Global Banking & Finance Review “Best Broker in Customer Service Europe 2012” award and the “London Investor Show Forex “Best Customer Service 2012” award.

Conclusion

Due to their low minimum deposit requirement and their advanced options, Markets.com is a good choice for both those who have experience with trading and for those who are just starting out. The friendly customer support and easy access make the platform ideal for beginners who want to make informed decisions.