Markets.com does not accept customers from USA, Japan, Canada, or Belgium
Markets.com forms part of SafeCap Investments Ltd which has its business headquarters in Cyprus. The parent company was founded in 2006 as Arbat Capital Ltd and was given approval to act as a forex broker in 2008. It name was changed to SafeCap Investments in 2009.
As of August 1st 2018 Leverage changes for EU traders:
- 1:30 for major currency pairs
- 1:20 for non-major currency pairs, gold and major indices
- 1:10 for commodities other than gold and non-major equity indices
- 1:5 for shares and other reference values not specifically covered elsewhere
- 1:2 for cryptocurrencies
Markets.com offers an Active Trader Program where those with minimum deposits of $5,000 can enjoy a pip-based rebate ranging from $300 to over $3,750, depending on their trading volume.
The broker offers two types of accounts a real and a demo type. The minimum deposit to start trading through this broker is just $100.
The firm has flexible account funding options, including credit or debit card transfers via Visa, MC and Diners’ Club, and wire transfers from banks. Withdrawals can be initiated via a withdrawal request form. All withdrawals are processed within 3 business days by the company and there are relevant timeframes depending on the payment method for the funds to go to the client.
Traders can now use the Markets.com proprietary platform.
Markets.com offers excellent quality customer support to its forex brokerage clients, with local phone numbers in 25 countries around the world. Furthermore, not only is a live chat option accessible via the broker’s website, but its multi-lingual staff also promptly responds to calls around the clock during business days and dealing desk execution is available to Market’s forex trading clients.
The company offers webinars on certain days and times for the trader new to foreign exchange. Available topics currently include: forex education, trading basics, and both fundamental and technical analysis. The broker also offers information on the more popular technical analysis methods, covering topics like: chart types, support and resistance, chart patterns, Fibonacci retracements and Elliott Wave Theory. Also useful are the broker’s forex news, trading signals and economic calendar offerings.
Markets.com has especially rigorous compliance standards because it subjects itself to regulation by more than one national regulatory body, being overseen CySec of Cyprus & FSB. Further, Markets.com meets the industry’s standards when it comes to keeping client account and personal information safe by using state-of-the-art data protection techniques, including SSL and robust firewalls.
This broker offers an impressive set of trading platforms, reasonable pricing, sound regulation, educational materials and pretty much everything you need to get started trading forex both at your home and on the road.
Furthermore, the broker’s Active Trader Program can offer substantial rebate benefits to those forex traders who intend to be making more frequent transactions. In general, Markets.com would make a great forex broker for just about any experience level.