Initially founded in 2008 as GFC Markets, Markets.com which is a brand and trademark used by Safecap Investments Ltd is an online forex and CFD broker owned by Playtech, a publicly listed company on the London Stock Exchange. Markets.com specializes in offering web-based and mobile friendly trading services. With the strong financial backing provided by its parent company Playtech, traders at Markets.com can be assured of a fulfilling trading experience. Markets.com also comes highly recommended, as the broker is regulated by CySEC and FSCA (previously FSB) and provides customer support in several different languages.
In terms of regulations, Markets.com is licensed to operate as an online brokerage firm in 2 main regions, Europe and South Africa. Markets .com is now regulated by ASIC under STA Global Investments Pty Ltd and FSCA TradeTech Markets (South Africa) Pty Ltd as well as CySEC. Under the regulatory oversight of the Cyprus Security Exchange Commission, Markets.com is authorized to operate within the European Economic Zone (EEA) under the Cyprus Investment Firm (CIF) license number 092/08. This is due to the fact that Cyprus is part of the European Union and is MiFID compliant. In Africa, Markets.com is regulated by the South African Financial Services Board (FSB) under the license number 43906.
In terms of the reliability of Markets.com, the broker has been recognized as having the “Best Customer Service 2012” at London Investor Show Forex. It was also recognized by Global Banking & Finance Review and awarded the “Best Broker in Customer Service Europe 2012” title. While awards are important, it should be noted Markets.com is uncompromising with regards to the way it operates. The broker complies with all regulatory requirements such as transparency and having sufficient liquidity to meet its contractual obligations at all times. In addition, as a regulated broker under CySEC, Markets.com’s traders are covered by the Investors Compensation Fund Scheme.
Markets.com Trading Platforms
For trading platforms, Markets.com offers several main types of trading platforms, a proprietary web-based platform called the Markets WebTrader, Markets Mobile, MT5 and MT4 upon request.
The Markets.com’s WebTrader was designed for those who want to trade the markets immediately without having to download and install any software. With its user-friendly interface and advanced charting package, you can maximize your trading opportunities. The platform also comes integrated with a large number of technical indicators which you can overlay onto your trading charts to give you a better perspective of the markets. It also uses trading cubes to display updated pricing, to enable you to get a better overview of the markets.
The MT5 platform is the most popular online trading platform in the industry. It is adopted by the majority of the brokers in the industry. To cater to traders who prefer a more familiar platform, Markets.com has also made this popular platform available to its traders. The platform comes with a wide array of tools. It also has the capability to support automated trading.
Markets.com Mobile Trading
For traders that are constantly on the move, their trading needs are also catered to with the availability of a mobile trading app which can be downloaded from Google Play Store and Apple App store. Once downloaded and installed on smartphones or tablets, you will be able to trade the markets directly from the palm of your hand. The app also enables you to monitor your account status and as well as transfer funds.
Markets.com Trade Types/Instruments
Currently, Markets.com offers 5 different asset classes which you can trade with contract for differences (CFDs). These asset classes include stocks, forex, commodities, indices, and cryptocurrencies. In total, you have more than two thousand types of financial instruments to trade with.
Markets.com Account Types
With Markets.com, you had 3 different types of trading accounts to choose from. They comprise the Real account, demo account, and Islamic account. To open a real account, you need a minimum deposit of the $100.
You can trade the markets with a maximum leverage of 1:300 with any of the above-mentioned trading accounts.The accounts also come with 24 hours customer support, daily market analysis, access to seminars and webinars. You also get the privilege of an account manager to handle your account. Most important of all, Markets.com also provided you with a free demo account which you can use to try out the services provided by the broker without having to risk any money. As the demo account is unlimited, this means you can also use the demo account to test your trading strategies.
Markets.com Deposits and Withdrawals Options
To cater to its international clientele base, Markets.com has provided several methods of fund transfer. These methods comprise bank transfer, credit/debit cards and eWallets such as Neteller or Skrill. There are also additional funding methods such as BankLink (Swedbank), eKonto, Fast Bank Transfers (Envoy/WorldPay), Giropay, Ideal, and Sofort. Withdrawals requests are normally processed within a day. For international fund transfer, it may take as long as 8 business days before you can see the money posted to your trading account.
Markets.com Bonus & Promotions
– Markets.com Australia offers manual deposit bonuses and Markets.com South Africa provides an automatic full registration bonus, first time deposit bonus and manual additional deposit bonuses.
Please see the website for further information on bonuses.