Markets.com is one of the biggest and most popular forex brokers on the market today. It offers very low spreads, a great selection of trading assets, and a variety of different tools to suit your trading style.
While the brokerage does not accept any US, Japanese, Canadian, and Belgian customers, it is certainly worth a close look if you are trading from other countries and are looking for the best forex broker. Let’s go through our Markets.com review to learn more about this company and see why it might be just the right pick for you.
Markets.com is based out of Cyprus. It is owned and operated by Safecap Investments Limited and regulated by Cyprus’s financial watchdog, CySEC, as well as the South African FSB for added safety and security. In addition to trading in currency markets, you can also trade gold, oil, stocks and other commodities using Market.com’s proprietary software. It also allows cryptocurrency trading.
Depending on your level of experience with trading and your bankroll, there are several different types of accounts you can open at Markets.com.
First, you are able to open a free demo forex account. You get to practice trading in the market and with the Markets.com platform with $10,000 or €10,000 in free, virtual money. Opening a demo account is a great first step for anyone interested in trading more in currency markets.
Markets.com also offers live account trading, and you are able to open an account in one of those base currencies:
The broker removes all of the hassles of choosing the best possible account type by providing one account type for all of its clients.
Markets.com offers its proprietary web platform. It is very simple and intuitive.
The platform is available in 15 languages.
The software comes as a Web Application, meaning that it can be launched without any prior installation directly from your browser. This is certainly a great advantage, especially for those are just starting with financial trading, as it only takes a few minutes to sign up and start testing the platform on your demo account. Registering a live account will take slightly more time.
The platform has some great charting. It comes with 8 available timeframes, from 1 minute to 1 week. Five different types of charts, countless indicators, and options that let you fully customize the layout.
You are also able to easily setup multiple charts as well as play around with their layouts.
Finally, the platform is great of those who are seeking for trading ideas as it allows you to quickly navigate to the top risers & fallers, most volatile financial assets, lowest and highest within a certain timeframe, and so on.
An account with Markets.com can be topped up via your favorite Credit or Debit card, Wire Transfer (including a transfer to a bank account in your local country), PayPal, Skrill, Neteller and a few local payments systems – Sofort, GiroPay, iDeal, Multi Banco, and unet.
Markets.com reviews summary
For a dependable trading platform that gives you a slew of options, Markets.com is a great choice. The available trading assets also add to the package, especially if you are a high volume trader. All this combined makes it one of our top-rated forex brokers.