Markets.com Review 2024: Is it the ultimate user-friendly platform?

Markets.com Review 2024: Is it the ultimate user-friendly platform? title=

This Trading Platform is available in Ukraine

4.1/5

Markets.com has garnered mixed reviews from users across various platforms. While some traders appreciate the platform's user-friendly interface and the diversity of trading instruments available, others have raised concerns about customer service responsiveness and withdrawal processes. A number of users have highlighted the educational resources as a positive feature, helping newcomers navigate the complexities of trading. However, there are also reports of technical issues that can hinder trading activities. The general sentiment suggests that Markets.com offers a decent experience for those looking to trade but advises potential customers to be aware of the challenges they might face with support and managing their accounts.

Min. deposit
$100
Website address
Demo account
No
Currency
AUDCHFCZKDKKEURGBPJPYNOKPLNRUBSEKUSDZAR
Supported languages
AraBulCzeDanDutEngFinFreGerGreHunItaNorPolPorRomRusSloSpaSvnSweVie
Active
Yes
Payment Methods
Bank WireCredit/Debit cardsiDealNetellerPayPalSkrillSofort
Pros
  • Regulated broker
  • Wide range of instruments
  • Educational resources
  • Advanced trading tools
Cons
  • Inactivity fee
  • No MetaTrader 5
  • Limited account types
Awards
N/A
Bonus
N/A
Instruments
BondsCommoditiesCryptoETFsForexIndicesStocks
Min. trade price
Depends on asset
Regulated By
ASICCySECFCA (UK)FSCA
MetaTrader 4
No
MetaTrader 5
No
cTrader
No
OmniTrader
No
AlgoTrader
No
TradingView
No
Trading Central
No
Autochartist
No
eSignal
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
Mobile Apps
Yes
Margin Trading
No
Volatility Index
No
Spot Trading
No
Perpetual Swaps
No
ELWs
No
REITs
No
AI / Machine Learning
No
Robo Advisor
No
P2P Trading
No
Negative Balance Protection
No
VPS Hosting
No
Tournaments
No
Demo Competitions
No
Managed Accounts
No
Market Maker
No
Auto Trading
No
Social Trading
No
Copy Trading
No
Trade Signals
No
Islamic Account
Yes
Inactivity Fee
Yes
Guaranteed Stop Loss
No
Stock Exchanges
N/A
Commodities
Gold, Silver, Oil, and more
Forex Trading
Yes
Forex GBPUSD Spread
2 pips
Forex EURUSD Spread
2 pips
Forex EURGBP Spread
3 pips
Forex Assets
50+
Crypto Spread
Varies by asset
Crypto Lending
No
Crypto Staking
No
Crypto Mining
No
Crypto Auto Market Maker
No
Crypto Coins
Bitcoin, Ethereum, Litecoin, Ripple, and more
Binary Options
No
Payout Percent
N/A
Expiry Times
N/A
Ladder Options
No
Boundary Options
No
Show all >>

* The amount that will be credited to the account in the case of a successful deal

* General Risk Warning: Your capital might be at risk

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 4.1,
according to 1218 reviews

4.5 Stars
Shimul chandra das
Shimul chandra das
stars
kw
Shimul chandra das

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Muhammedshakir Saban
Muhammedshakir Saban
stars
ae
Marketing you know the best job because i will do everything same like for example i want to come like one business man so i want basic for business . You know in the situation am more considering in in my studying my life am more concentrated for more things and plans you make same like you have nothing will happen because am seriously telling in my opinion first one need starcher and same like planing and observing and also in my mind you anything have in mind you know have one true and trust all of in my things i will tell you see i need like one nice caretaker same in mind anything for good things i need to same outside i want to do in my life you same like how many people do like that no chance because any person mind one things in outside anther thoughts so in my suggestion in marketing the best job because have more things I don’t tell now you that you know change my life because how many believers people one day i see and more languages and have more this job anybody doing seriously i will tell you that person after he got a come everything like one basics like one formula my friend people more considering in theory everything in life base like think theory no any time life long you know need practical give knowledge

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customer
customer
stars
ae
Jibin jibin

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john knell
john knell
stars
za
Support team is amazing....Ashley as well as Raman helped me in minutes...and all was sorted

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nefzi oumayma
nefzi oumayma
stars
fr
Very professional agent Noor Thank you for all

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Ahmed Al-Ahmed
Ahmed Al-Ahmed
stars
bh
I would like to thank support agent Azfar for his great support and patience in resolving long and complicated issues. His professionalism and knowledge is greatly appreciated. He's an asset to market.com in my opinion. Keep the excellent work Azfar

View all

Content

Whether you are trading cryptocurrencies, stocks, and shares or simply trying out your hand at CFD and Binary Options trading, one of the first tools you need is a reliable platform that’s easy to navigate.

Unfortunately, most traders are immediately intimidated by the sheer number of available platforms, not to mention the varying user interfaces that come with each broker.

Especially if you are a beginner, you know how frustrating it can be to learn to use a new interface and, at the same time, learn to read charts and analyze data. Let’s just say simple is best when it comes to trading.

Luckily, simplicity is what you will find on Markets.com. Their website’s design is clutter-free and easy to understand. It is no wonder that Markets.com is known for its reputation as one of the most user-friendly trading platforms available.

This article will discuss everything you need to know about Markets.com, from its beginner-friendly interface to its tight spreads, VIP services, and much more. Let’s get started!

What is Markets.com?

Owned and operated by Playtech PLC, a publicly traded company on the London Stock Exchange, Markets.com is a multi-asset trading platform that offers CFD and forex trading services to its clients.

What is Markets.com?

The company has been in operation since 2008 and is regulated by some of the most reputable financial authorities in the world, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the United Kingdom, and the Australian Securities and Investments Commission (ASIC).

With over 2,000 instruments available for trading and a minimum deposit of just $100, Markets.com is one of the most accessible trading platforms. The company’s website is available in 26 languages and serves clients from over 50 countries worldwide.

Further reading

What Fees does Markets.com charge?

One of the main attractions of Markets.com is its low fees. However, in most cases, platforms that offer low costs come with a caveat – they are usually less user-friendly or have fewer features than their more expensive counterparts.

In the worst of cases, they can even be scams designed to reel you in with deceptively low up-front fees.

Fortunately, this is not the case with Markets.com. The platform is feature-rich and user-friendly, and its fees are low in comparison with what it offers. Here is a breakdown of the fees you can expect to pay when using Markets.com:

  • Commission: Zero
  • Spread: Variable, starting at 0.6 pips
  • Overnight cost: Variable, depending on the instrument you are trading
  • Inactivity fee: $12 per month after three months of inactivity

Markets.com also offers a loyalty program that gives you cashback on your trades. The amount of cashback you receive depends on your trading instrument and your account type. For example, if you are trading major forex pairs with a Silver account, you can expect to receive up to $2.5 per lot.

Further reading

Deposit and Withdrawals

Another benefit of using Markets.com is that it does not charge deposit or withdrawal fees.

You can deposit and withdraw funds using various methods, including credit/debit cards, bank wire transfers, and e-wallets such as PayPal, Skrill, and Neteller. The minimum deposit is just $100, which is excellent for beginners.

Further reading

What Account Types are on Markets.com?

Markets.com offers something for everyone, ranging from your run-of-the-mill retail trader to high-rolling institutional investors.

What Account Types are on Markets.com?

Here is a breakdown of the different account types available on Markets.com:

Standard Account: This is the most basic account type designed for retail traders. The minimum deposit is just $100, and you get access to over 2,000 instruments, tight spreads, and leverage of up to 1:30.

Premium Account: Designed for more experienced traders, the minimum deposit for a premium account is $20,000. You get all the features of a standard account, plus access to exclusive market analysis, premium customer support, and invitations to VIP events.

Platinum Account: The minimum deposit for a platinum account is $50,000. In addition to all the features of a standard and premium account, you get access to a dedicated account manager, exclusive market insights, and invitations to exclusive VIP events.

VIP Account: The minimum deposit for a VIP account is $100,000. You get all the features of the other account types, plus a personal relationship manager to help you.

Further reading

What Tradeable Assets are on Markets.com?

If you are a crypto enthusiast, you will be happy to know that you can also trade cryptocurrencies on Markets.com.

What Tradeable Assets are on Markets.com?

The platform currently supports multiple coins including, but not limited to, top coins such as

If you are a crypto purist, however, you will not like the fact that Markets.com offers crypto trading as CFDs. A CFD (Contract For Difference) means you are not buying or selling the underlying asset. This is a common practice in CFD trading, but it is still something to be aware of if you want to trade cryptocurrencies.

On the flip side, trading crypto CFDs allows you to go long or short on your positions, which is impossible if you are trading the underlying asset. Plus, you don’t have to worry about storing your coins in a wallet. Apart from crypto, you can also trade a variety of other assets on Markets.com, including

Further reading

What Markets.com’s Trading Platform Looks Like?

As we mentioned earlier, Markets.com is known for its user-friendly platform. The platform is available in three versions: a web trader, a mobile app, and a desktop app.

The web trader is the most basic version of the platform and can be accessed directly from the Markets.com website. The mobile app is available on the respective app stores for both iOS and Android.

The desktop app is a more advanced version of the site. It comes with all the bells and whistles you would expect. You can download it from the Markets.com website. All three versions of the platform support both MetaTrader 4 and MetaTrader 5; therefore, you can work with the platform you are most comfortable with.

Further reading

Markets.com Customer Service

The Markets.com customer service team is available 24/7 via live chat, email, or phone if you need assistance.

The customer service team is professional and helpful, and in my personal experience, I had no trouble getting in touch with someone when I needed to.

One thing to remember is that the customer service team is not located in the same country as the company; the company is based in Cyprus, but the customer service team is located in Bulgaria. This is not necessarily a bad thing, but it is something to be aware of.

Further reading

Markets.com Regulation

“Transparency and disclosure are essential in today’s marketplace.”Jack Reed (a U.S. senator).

The good news is that Markets.com is a Cypriot investment firm that is regulated by the Cyprus Securities and Exchange Commission (CySEC).

CySEC is a European Securities and Markets Authority (ESMA) member, meaning that Markets.com is subject to the same rules and regulations as other Cypriot investment firms.

The company is also registered with several other regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa.

Regulation is an important metric to take into account when choosing a broker. A broker should not only be regulated but should also be regulated by bodies widely regarded as reputable.

Markets.com Regulation

Further reading

Does Market.com offer Leverage?

Yes, Market.com offers leverage on its trades. Unfortunately, leverage is a double-edged sword that can increase your profits and losses.

“The more leverage you have the more risky your position”Investopedia. That is why it is important to use leverage responsibly and to understand what you are doing before you use it.

As a regulated platform, Markets.com offers its users leverage based on their account type and their local regulatory status. For example, retail clients in the European Union are limited to maximum leverage of 1:30, while professional clients can use up to 1:300.

Compared to most CFD platforms, the leverage ratios offered by Markets.com are relatively high. Trading cryptocurrencies, however, comes with some of the lowest leverage on the platform at a maximum of 1:2.

Further reading

Markets.com Trading Tools

When it comes to trading tools, Markets.com has a decent selection. The platform comes with all the basic charting and analysis tools you would expect, plus a few extras.

Some of the more advanced trading tools available on the platform include:

  • Alarm Manager
  • Signal Manager
  • Correlation Matrix

Markets.com also provides tools which allow you to follow major inside information, economic events, and market news. The platform has a built-in economic calendar that gives you all the information you need to know about upcoming events. You can also set up price alerts to notify you when the price of an asset reaches a certain level.

Regarding technical analysis, the platform comes with a financial commentary that provides real-time market insights from a team of expert analysts. If you are from the UK, this broker offers Spread Betting, a tax-free way to trade the markets (depending on your jurisdiction).

With Spread Betting, you can speculate on the movement of certain CFDs and even apply leverage. Moreover, there are no commission fees on these types of trades.

Further reading

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