Markets Review
Markets.com, domiciled in Limassol, Cyprus, was originally founded in 2006 as Arbat Capital Limited. In 2009, Arbat Capital Limited was renamed SafeCap Investments Limited, which now owns and operates Markets.com, a Cyprus Investment Firm (CIF) which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Markets.com allows trading in over 200 indices, gold, oil, stocks, commodities, and currencies.
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Markets.com was the recipient of the London Investor Show Forex “Best Customer Service 2012” award, and the Global Banking & Finance Review “Best Broker in Customer Service Europe 2012” award, in addition to numerous other awards over the past years.
Accounts
Markets.com is a world leader when it comes to trading and one of the best choices one can make when choosing a broker. They offer competitive spreads and generous trading leverage up to 200:1– all for a minimum deposit of just $100 (which can easily be deposited via credit card, bank transfer, or web money).
Traders can set up a Markets.com standard account within seconds and can begin trading as soon as the funds transaction has been completed.
It’s good to see when doing this Markets.com review that a demo account is available for new traders or any other traders who wish to practice new trading strategies before moving on to a real account.
Features
The Markets.com has many unique features. One of the most interesting ones allows traders to choose between fixed or dynamic (floating) spreads. Markets.com was one of the first to offer traders this option, and this is one thing that truly separates them from other brokers.
Another one of their great features is Trading Central, which uses chart analysis, indicators and oscillators, as well as candlestick signals to deliver high-quality assessments of the financial markets and predict the likely direction of an asset based on the current market conditions.
Traders can participate in social trading on the Sirix trading platform which contains the last 100 live trades placed by other traders as well as pending orders and updates placed by other members of the trading community. This tool also provides additional market information on the major currency pairs and on current market trends as well as access to live charts that allow them access to any given trader’s position, statistics and analysis.
The social trading listing appears as one of the three main columns on the landing page of the site.
Markets.com Bonus
When it comes to bonuses and promotions, Markets.com is way ahead of its competitors. Not only does each new client receive a free $25 bonus to start with, they offer a start-up bonus of up to $2,000 – a hefty amount, practically unheard of in the industry. In addition, at the time of this review, to celebrate their official partnership with Arsenal F.C., one of the world's largest football clubs, Markets.com was offering new clients the opportunity to win a VIP Markets-Arsenal Experience including 2 tickets to an Arsenal match, flights, a chauffeur, and hotel accommodation. Each new trader who deposits $1,000 or more in one transaction is automatically entered to win the VIP Experience.
Bitcoin Trading
Markets.com was also one of the first brokers to introduce bitcoin trading. Similar to their other offerings of non-Forex products, bitcoin trading is provided in the form of a contract for difference (CFD) which comes with a weekly expiration, as all open orders are closed at market prices at the end of each Friday. The product offers leverage trading of 5:1 as well as the ability to go both long and short.
Deposits/Withdrawals
Markets.com accepts a wide variety of payment methods, such as credit/ debit card (Visa, MasterCard or Diners Club), wire transfer, Webmoney and local payment methods.
Withdrawals can be done by logging onto an account and clicking on the withdrawal tab. The funds are transferred into a bank account
Education
Markets.com offers extensive Forex and CFD trading education in the form of videos, seminars, a selection of webinars, the “Forex for Beginners” eBooks, and 1-on-1 personal training.
In the News and Research section, traders at Markets.com can read the Forex daily briefings which present in-depth coverage of the foreign exchange market. Trading signals which help Forex and CFD traders recognize and take advantage of market momentum are delivered by Trading Central, a leading signal provider.
Traders can also receive full coverage and analysis on indices, commodities and stocks so they can stay ahead and understand the volatile markets. In addition, the Autochartist tool is available and traders can sign up to receive audio and visual alerts as soon as emerging and completed patterns are identified or when Fibonacci patterns are emerging. These alerts are accompanied by appropriate charts and graphs.
Autochartist also offers PowerStats as a feature that give traders a better assessment of risk and volatility on the instruments they trade.
Their website also provides market analysis in both the technical and fundamental spheres. The website is available in French, Arabic, Italian, German, Spanish, Polish, Romanian, Slovakian, Polish, Portuguese, Norwegian, and Swedish.
Customer Support
Markets.com has the most accessible support services we’ve come across with offices in over 30 locations worldwide and representatives available 24/5 by phone who speak the language of the local office. Email is also available as is live chat in over 15 languages.
Customer service also includes personal and CFD training and expert account management.
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Conclusion
Markets.com is a world leader when it comes to trading. It offers excellent features and trading tools and the website is easy to navigate. Customer support is accessible 24/5 and broker representatives speak in a myriad of different languages. Spreads are competitive and leverage is generous. In addition, their educational offerings are current and informative. In short, Markets.com stands out in every way and makes the trading experience an enjoyable one.