Markets.com Review

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Markets.com
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Overview

Markets.com is the brand name of Safecap Investments Limited, this is an online retail forex and CFD broker, it is a Cyprus Investment Firm,which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC)

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Details

Broker Markets.com
Website URL www.markets.com
Founded 2009
Headquarters Cyprus
Support Number 44 20 3150 0380
Support Types minimum deposit: $100 minimum lot size: 1k (micro lot) maximum leverage: 1:200
Languages English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Portuguese, Japanese, Polish, Greek, Dutch, Swedish
Trading Platform MetaTrader4, Market Trader, Market Web Trader, Market Java Trader, Mobile Applications, ActForex
Minimum 1st Deposit $100
Minimum Trade Amount 0.01 lots
Bonus Bonuses of up to $2,000 for first deposits
Leverage 1:100
Spread Variable, 2.2 pips typical spread on EUR/USD Fixed, 3 pips on EUR/USD
Free Demo Account Yes
Regulated Yes
Regulation CySec, MiFID, FSA
Deposit Methods Credit Cards, Wire Transfer, PayPal, Western Union, Neteller, WebMoney , MoneyGram, Bank Guarentee, Credit Card Deposit by Phone, Custodian Banks, Debit Cards, ClickAndBuy, Liberty Reserve
Withdrawal Methods Credit Cards, MoneyBookers, Wire Transfer, PayPal, Neteller, WebMoney
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 4.4

Screenshots

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Markets.com History and Background

Markets.com falls under the operation and is property of SafeCap Investment Limited, which is a company with HQs located in Cyprus, thus under the regulation of the Cypriot body CySEC, along with the ASIC and FSB. The SafeCap Investments holding company was established back in 2006 under the initial name of Arbat Capital Limited and started using its current form and title later on in 2009, receiving forex operation approval in 2008.

Types Of Accounts

Markets.com provides its clients with a greater number of account options than most brokers. The minimum amount for a deposit is USD 100, including a welcome bonus in the amount of USD 50, subject to the standard terms and conditions that come along with a mini account with a ceiling of USD 2,499. Every newcomer is provided a welcome bonus in the amount of USD 250 when opening a mini account.

A standard account’s minimum deposit amount is USD 2,500. Clients that opt in for using the standard account will be allowed free access to the News To Mobile service provided by the platform and are going to also receive a welcome bonus as high as USD 2,000 which can be subjected for withdrawal after trading volumes reach a predetermined level.

Customers who decide to start an account with a USD 20,000+ initial deposit are going to be made eligible for exploring the VIP account benefits. Those who become VIP account owners, aside from the welcome bonuses, will also receive full access to the News to Mobile service as well as free FX signal through SMS.

Markets.com provides its clients with leverages as high 200:1. Corporate clients get to use some other various additional options.

Unique Features

Markets.com clients can choose between four different types of trading platforms regardless of their preference for account type.MetaTrader (MT4) is the most widely known and used platform in the industry due to its highly-advanced offering of a vast array of charting and indicators tools, creating customized expert advisors (EA’s), easy entry order and greater speed.

The Markets.com Trade is a Windows-based platform that you can easily download and install. It’s completely user-friendly and intuitive. The interface will facilitate single click orders via a flexible drag-and-drop feature. As common standard, the platform features a broad range of technical tools that can be employed along with one trade real time charts.

The Markets.com Java Trader is aimed to serve the purposes of traders who are not always at home and need to have a reliable option when on the go. The software requires no download or installation procedures and can easily be used on any browser available due to the excellent security features of the JAVA components that it is based on. The Practice Trade (demo account) of the firm also uses as basis this platform. The Mobile Trader is an app serving the specific needs of those who want to trade while using their mobile device, providing easy and quick access to one’s account and the market as a whole.

Deposits And Withdrawals

Markets.com offers high flexibility when it comes to account deposits. The company accepts all deposits via credit or debit card transfers through MasterCard, Visa and Diner’s Club, as well as wire transfers for deposits and withdrawals, and also offers the option of using various local transfer agents.

You will be charged no fees when depositing or withdrawing funds and you are to be reimbursed for any potential charges that may be imposed by the financial intermediary (the bank for example) when regarding deposits exceeding the USD 2,000 mini account mark.

The process accompanying withdrawals is initiated after the successful submitting of a withdrawal request by the given customer. Withdrawals to one’s credit card are carried out instantly, while withdrawals via the use of other mediums can potentially take a maximum of 3 days due to interbank market delays.

Customer Support

As most general trends in the retail forex brokerage business, Markets.com provides its clients with perfect 24/7 support in a multitude of different languages. You can either contact them via live chat, e-mail or phone.

Safety

Markets.com stands out in comparison to other brokers with its vigorous safety standards, adding a number of highly-advanced physical and technical safeguards along with firewalls and SSL technology in order to offer the highest safety degree possible.

It is among a selected group of brokers who fall under the regulation of more than one national body. It must comply with the FSA’s rigorous rules and falls under the authorization and supervision of Cyprus’s CySEC, which complies with all of the European Union’s standards. Markets.com gives reports on a regular basis to the above-stated institutions in order to make sure that it is fully compliant with the various regulatory rules.

Conclusion

Markets.com may be a young forex brokerage business when judged by the industry standards but it comes off leaving an impression of a long-time solid pro with no pretty gimmicks and fancy tricks but a rather thorough expertise in the area. The broker’s website offers a fair share of information to both traders that are just starting out and those who have already gotten familiar with the many little aspects of the market.

The firm offers a low initial deposit in the amount of USD 100 for one to open up a mini account which is quite a reasonable rate when compared to other brokers. A trader is bound to appreciate the greater number of types of account offers, ranging from the above-stated USD 100 mini account to the USD 20,000 VIP one.

When regarding safety, the company definitely is a notch above other brokers as it is regulated by two different but credible EU authorities. If you are searching for a highly-regulated and visible firm, Markets.com is definitely your right choice.

It is a nice option for all types of traders, whether you are a newcomer or an experienced veteran due to the solid concept, perfect customer service, regulation and thorough expertise in the industry.

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