Markets. com honest review

Markets.com is a regulated trading broker

Markets.com is operated by Safecap Investments Limited (“Safecap”), a regulated investment services firm authorised by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08 and by the Financial Services Board (“FSB”) in South Africa as a Financial Services Provider under license no. 43906. The holding company SafeCap Investments was founded in 2006, and assumed its present form and title in 2009, with regulatory approval for forex operations being granted in 2008.

Account Types

Markets.com offers a minimum initial deposit requirement of $136.32. They also offer a free demo account in real time, so you can learn and practice if you are a newbe in this industry.

Default leverage of 1:50. TCs apply. is available to clients of Markets.com. There are also various additional options for corporate clients. Please note that increasing leverage also increases risk.

Deposits and Withdrawals

Markets.com is highly flexible with respect to account deposits. The firm accepts credit or debit card transfers via Visa, MasterCard, and Diners’ Club, Paypall along with wire transfers for both deposits and withdrawals, and is also open to various local transfer options, upon discussion between the client and the firm.

The broker charges no fees during the deposit/withdrawal process and commits to reimbursing the client for any charges incurred to the financial intermediary (i.e. the bank) in deposits that exceed the $2,500.

The withdrawal process is initiated following the submission of a withdrawal request form by the client. Withdrawals are processed within 3 days for all methods.

Customer Support

In line with the general trends in retail forex brokerage, Markets.com offers an excellent support service with employees responding to calls 24 hours a day 5 days a week in multiple languages. With various email addresses to different departments and a live chat makes contacting Markets.com relatively simple in comparison to the market standard.

Safety

Markets.com rises above the industry standard in ensuring the safety of client account details. In addition to various advanced physical and technical safeguards, the broker implements rigorous firewalls, and the SSL (secure socket layer) technology to ensure the safety of information transmission.

The firm submits regular reports to this institution in order to establish its compliance with various regulatory rules and the state of its finances.

Conclusion

On the whole, Markets.com leaves an impression of being a solid, reliable broker with no outstanding features beyond competence in what it does. The website of the broker is also highly informational as well as educational; if you’re interested in the firm, we recommend that you examine it for yourself.

The firm is beginner friendly and offers a low initial deposit at $136.32 which is very reasonable in comparison to other brokers of today.

On the safety front, the firm stands out as a broker regulated by two separate and credible EU authorities.

In sum, Markets.com is a good option for any type of trader, whether beginner or seasoned due to its solid concept, excellent customer service, regulation and general image of competence.

Overall rating
4.5/5

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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