Markets.com Information
Founded in 2008, Markets.com is a regulated forex broker registered in Saint Vincent and the Grenadines, offering trading in forex, shares, commodities, indices, cryptos, ETFs, and bonds with leverage up to 1:500 on Mobile App, Web platform, TradingView, and MT4/5 trading platforms. The minimum deposit requirement is $100.
Pros and Cons
Is Markets.com Legit?
Yes. Markets.com is regulated by Cyprus Securities and Exchange Commission (CySEC) and British Virgin Islands Financial Services Commission (FSC).
Market Instruments
Forex, shares, commodities, indices, cryptos, ETFs, bonds... Markets.com allows clients to access a huge range of trading markets. Both beginners and experienced traders can find what they want to trade on Markets.com.
Leverage
Although some brokers offer leverage up to 1:500, the leverage of 1:30 offered by Markets.com is sufficient for the average trader. This is because the more leverage you have, the more risk you take with your money. Even professional traders, let alone novices, should not be tempted to use leverage as large as 1:500.
Spreads and Commissions
Markets.com does not detail on its website about additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Markets.com, we recommend that you take the time to calculate these transaction costs.
Trading Platforms
As for the trading platform, Markets.com provides its clients with many options. There are public platforms such as MT4/5 and TradingView that have served many clients worldwide, also Markets.com's own platforms. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT4/5 or TradingView. But Markets.com's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.
Deposit and Withdrawal
About Markets.com deposits and withdrawals, we can only get some information in the Help Center section. MasterCard, Visa, Neteller, Skrill, Wire Transfer, and ZOTAPAY are the payment methods handled by Markets.com. There are no fees for deposits and withdrawals.
Educational Resources
A series of educational resources is available at Markets.com, including glossary, education center, trading basic, and video library.
Sovereign Trust (Isle of Man) Limited
Cyprus CYSEC Market Maker (MM)