Markets.com Review

Markets.com
$25 no deposit bonus & 100% up to $2500
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Overview

If you want to start trading stock online look no further than Markets.com. With a free to attend weekly trading course Markets.com educates new traders to become professional daytraders informing them… more

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Details

Broker Markets.com
Website URL www.markets.com
Founded 2006
Headquarters Kafkasou 9, Aglantzia, P.O. Box 26522, CY 2112, Nicosia, Cyprus
Support Types email support@markets.com , compliance@markets.com, live chat
Languages English, Dutch, German, French, Italian, Spanish, Greek, Arabic, Hebrew
Trading Platform Meta Trader 4/5, smartphone, tablet
Minimum 1st Deposit $100
Minimum Account Size $100
Minimum Trade Amount $0.10
Maximum Trade Amount $50000
Bonus $25 no deposit bonus & 100% up to $2500
Payout within 48 hours
Leverage 1:10 up to 1:200
Spread Markets.com charges tight spreads on forex, stock and commodities based on type of account.
Free Demo Account Open Demo
Regulated Yes
Regulation Markets.com is operated by Safecap Investments Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license no. 092/08 and by the Financial Services Board (FSB) in South Africa as an Authorised Financial Service Provider under FSP no. 43906.
Fees Yes
Fee Info There are no hidden withdrawal fees on Markets.com
Commissions Yes
Commission Info Markets.com earns money by placing a small spread on top of trades.
Account Types demo, Original, Standard, Premium
Deposit Methods wire transfer, credit cards, skrill/moneybookers
Withdrawal Methods wire transfer, credit card refund, skrill/moneybookers, cheque
Trading Methods scalping, hedging, Expert Advisors, stopp/loss, trailing stop, guaranteed stop.
Number of Assets 1000+
Types of Assets Trade over 1.000 different stocks, commodities, currencies, indices and ETF's using Markets.com
Trading Currency All major currency pairs, most minor currency pairs and a few exotic like USD/BTC, United States Dollars versus Bitcoin
Account Currency You can fund your markets.com with all major accepted currencies and most lesser used currencies. These will be converted to the currency preferred in your markets.com account.
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 9.0

Full Review

If you want to start trading stock online look no further than Markets.com. With a free to attend weekly trading course Markets.com educates new traders to become professional daytraders informing them about certain risks and teaching different trading techniques & strategies.

At Markets.com you can practice online trading with the available demo account and app available for PC, smartphone and tablet.

Markets.com deposit bonus and no deposit bonus

Markets.com has a no deposit bonus offer similar to the XM $30 free on signup and the IronFX $25 signup bonus. This means that if you only signup for an account and don’t make a deposit just yet, you already receive $25 free to try the Markets.com trading platform with – no creditcard or banking details required. If you decide to make a deposit you will get a bonus on the first one, called the welcome or first deposit bonus of between 30% and 100% of your total deposit.

Markets.com bonus play through requirements

You must have a trade volume of $10,000 per bonusdollar to be able to withdraw the bonus money. So, if for example, you receive $100 in bonus money, you have to reach a trade volume of atleast $1m to be able to withdraw the bonus.

From the time and date you receive the bonus your tradevolume is tracked to reach the volume required to withdraw the bonus money.

You can withdraw money from your account before you reach the trade volume requirement; by doing so you lose rights and progress towards future bonus money.

So let’s say you start trading at Markets.com with $500, you will receive $150 bonus, 30% of the first deposit and will start with a $650 starting balance. You only get the first deposit or welcome bonus once so carefully choose the height of your first deposit.

* The first deposit or welcome bonus is 30% up to $2,500 total.

It sounds hard to playthrough the bonus but with up to 1:200 leverage this is actually quite easy.

Markets.com Trading Platforms:

There are multiple trading platforms available on Markets.com. At first there is the Markets Web trader, the standard trading platform of Markets.com web-based in your browser, no need to download anything. Then there is the Markets Mobile Trader, a mobile application that enables smartphone and tablet users to trade stocks online at Markets.com. With SIRIX Web trader one can ‘social trade’, follow other traders and daytraders (marginal) in their trades and investments. Markets.com also offers Meta Trader 4/5 Terminal wich one can use to directly tap in to interbanking liquidity. With the Meta Trader Multi Terminal one can control multiple trading accounts at the same time from one or multiple screens.

Markets.com account types

There are four different accounts available at Markets.com. There is a demo account which one can use to learn to trade online or practice different stock trading strategies with virtual or demo money. The Original Account, with a minimum deposit of $100 required, the Standard Account with a minimum deposit of $2,500 and the Premium Account for which a deposit in excess of $20,000 is required. The higher account type, the lower the spreads become. Standard and Premium accountholders receive a personal accountmanager, sms and email notifications and VIP customer support.

Fees and costs Markets.com:

Markets.com charges no hidden fees on withdrawals. All costs and fees are being paid with spread, a small extra amount you pay per opened trade, or position.

Markets.com Customerservice:

The Markets.com customerservice is 24/7 available by email, phone, fax and live chat on the website. The customerservice is available in over 10 different languages and they have toll free numbers in most countries to keep your phone bill low 😉

Markets.com reliability:

All trader’s funds on Markets.com are being held in seperate segregated accounts. In the unlikely case of Markets.com going bankrupt all deposited funds are subject to a deposit guarantee scheme and traders get back their money. Markets.com is regulated by CySEC and the Financial Service Board South Africa (FSB) under lisence number 092/08 and FSP-Number 43906. I have yet to meet a person who had any problems with the Markets.com customerservice. I have a very good experience with them as they were friendly and helpful to me. Also I cannot find withdrawal disputes with Markets.com on forums.

Markets.com review conclusion:

Markets.com, with a domainname like that you can expect nothing else than a huge online brokerage firm and that is exactly what it is! Safecap Investments Ltd. has multiple trading, forex and binary option websites, Markets.com being their best and most famous trading platform. High in Google and other review websites comparison tables and the absence of negative reviews on the internet make this broker a solid one. With a free $25 or no deposit bonus available for new traders, the option to ‘social trade’ and Meta Trader with Expert Advisor possibilities, definitely worth trying.

Screenshots

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Pros

  • Loads of educational material provided
  • Social Trading
  • Low minimum deposit ($100)

Reviews

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Decleration:
I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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