Markets.com, the definitive review
Markets.com, one of the longest-running Forex/CFD brokers, has once again renovated its online trading platform, regaining the interest of traders and investors.
After the launch of MarketsX, it is now the turn of a new Markets.com, with the return to the historical logo revised in a modern key and with two tailor-made solutions, one for those oriented towards short-term trading and one for those who want to invest in the long term.
Today Markets.com offers you the same functions as in the past (demo account, training, multi-platform experience) but also adding the possibility to buy shares on the stock exchange.
Costs and commissions are reasonable, and with Bestbrokers you can get a 3 months commissions free period.
- MARKETS.COM: WHAT IT IS
Markets.com is a regulated broker owned by Safecap Investments Limited, a Cyprus-based investment firm owned by TradeTech Limited, a subsidiary of Playtech PLC, listed on the London Stock Exchange.
The broker Markets.com was born in 2008 and since then has been operating all over the world offering investment solutions and specializing in CFD trading.
Its fame in the world of trading platforms has had its ups and downs, but today the tools and features have been completely revised and the service is back to being the best in the business.
The table summarizes the main information about Markets.com:
|Legislation||CySEC (n. 092/08), FSCA (n. 43906), FCA (n. 607305)|
|Authorized FCA /FSCA||Yes (n. Register 607305/43906)|
|Minimum deposit||250 GBP 250 USD 4500 ZAR(With a credit card or bank transfer)|
|Platforms||MarketsX, MarketsI, MetaTrader 4, MetaTrader 5 e App mobile|
|Asset||Shares, ETF, Indices, forex, Commodity, Crypto|
- IS MARKETS SAFE?
One of the most common questions that can be found on the internet and in online trading forums is this: is Markets reliable?
The question is more than legitimate, given the number of scams that have been exposed in recent years.
Fortunately, Markets.com qualifies as the most trusted broker in Europe. The broker's reliability is based on 3 fundamental points:
- It is regulated by CySEC and FSCA;
- It is not among the brokers reported to the authorities.
- It is listed on the Stock Exchange, which is synonymous with absolute guarantee.
Let's proceed in order.
Markets.com is registered, through SafeCap Investments Ltd, in the register of intermediaries without Consob branch (registration on the list: no. 9085099 of 01/10/2009 and registration number on the list: 2688).
Therefore it is authorized to manage investors' capital.
Markets.com has never been and it is not in the Consob's 'Investor Warnings' list, a list in which the supervisory body publishes all those intermediaries that have been reported in other countries and that you need to be worried about (suspicious phone calls, blocked trading accounts, blackmail, etc. ).
The safety of the funds deposited by traders is one of the main issues on which the Supplier guarantees full transparency: 98% of the funds deposited by traders are allocated to the main banks located in the United Kingdom, Germany and Switzerland which have received a credit rating between A1 and A3.
Client funds are monitored on a daily basis and are separated from the operating funds available to the company; In addition, the funds are insured by the Investor Compensation Fund of the Cypriot Investment Firms (CIF).
- TRADING ON MARKETS.COM: HOW IT WORKS
With MarketsX you have full access to the financial market and you can day-trade all the main assets of the moment (CFDs of stocks, ETFs, forex currencies, cryptocurrencies, bonds, indices and commodities).
The offer of instruments is the best in Europe, there are also many CFDs on shares - on which dividends are guaranteed - and on cryptocurrencies.
You can access quotes in real time, with graphs and indicators for an accurate analysis, and pay only the spreads offered by the market maker broker.
The spread is average, there will certainly be other companies with lower spreads, but there are no reliable companies such as Markets.com, which allows you to trade safely and guarantees fast and secure withdrawals.
Markets.com is the most liquid broker in Europe, being listed on the stock exchange.
- METATRADER 4 PLATFORM AND MOBILE APP
One of the main features of Markets.com is the ability to access the trading account also through the professional MetaTrader 4 and 5 platforms.
Not only that: you can also operate on the markets with your Markets.com account from the mobile app (for Android and iOS) and get the most out of your online trading experience. You will trade financial instruments even outside of your home, at any time of day and directly from your smartphone.
The fully customizable Meta Trader 4 platform and the Markets.com app are free: you can take your pick for maximum flexibility.
- IS MARKETS.COM A WITHHOLDING AGENT?
As a foreign broker, Markets.com does not play the role of withholding agent, that is, it is not a tax collector.
For this reason, if you decide to operate on the Markets.com platform you will have to declare your trading account by including it your tax returns, in order to pay any income taxes.
In this regard, you can take advantage of our Trading Account Tax Declaration service.
- FINAL CONSIDERATIONS ON MARKETS.COM
Markets.com is an online broker that does its duty very well. The recent platform update has further improved the situation.
While investor opinions on Trustpilot are not entirely positive, it should be noted that the reviews refer to the old Markets.com platform, not to the updated one.
What we want to underline the most, which is the main reason that led Antonio Ferlito, our CEO, to choose Markets.com is reliability.
The personal accounts of Antonio and Bestbrokers are on Markets.com; the Bestbrokers’ community generates over € 10 million of annual deposits and withdrawals, no one has ever experienced problems.
Markets being a Sponsor of our community allows us to take advantage of favorable conditions and gives our traders, after contacting us, the possibility to raise the financial leverage on their trading account, which guarantees more power in operations and allows you to manage in an optimal way the liquidity of the account, as with high leverage, the margin used for operations decreases.
Markets.com customer support responds quickly and also has a live chat that allows you to always talk to an operator.
Contact Us To Receive Your Credentials And Try In Demo Mode (You Work With Virtual Money) Markets.com, and remember that once you have made a deposit you will have free access to the reserved room.
Alternatively you can open a demo account by clicking the link below.
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