Markets.com Review For 2023
Why Trade With Markets.com?
300:1 leverage
If you trade with Markets.com, you can gain access to maximum leverage of 300:1 (FX). There is 200:1 leverage on most indices and 100:1 on most commodities.
World-class technology
In terms of trading technology, Markets.com offer both web, downloadable and mobile trading platforms.
Wide range of trading instruments
Trade over 2,000 different assets, across indices, stocks, commodities, cryptos and FX. There are also three different trading accounts; demo, live and an Islamic account.
Why Markets.com Might Not Be For You…
Inactivity fee
If you do not place a trade or make a deposit on your Markets.com account for a period of 90 days, your account will be classified as ‘Inactive”. You will be charged a $5 fee for every month you are deemed to be inactive.
No phone support
They offer live chat and email support 24/5, however there is no phone support if required.
Which Financial Markets Can I Trade With Markets.com?
With Markets.com you can trade over 2,000 CFD products, including;
- Forex: trade over 50 FX pairs, including all the majors & minors, and many exotics too.
- Indices: access over 25 of the world’s major indice markets, including the S&P 500, Wall St 30, UK100, the NASDAQ and the Nikkei
- Commodities: trade more than 15 hard and soft commodities, such as Oil, Coffee, Gold, Copper, Silver, Natural Gas, Zinc and more!
- Crypto: trade all the major crypto coins, including Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin and Ripple.
Spreads
Markets.com isn’t the cheapest broker to trade with, however they are not the most expensive either. Find out more below.
Indices: trade the S&P500 (0.6pt spread), the Dax (1.2pt spread), Wall St (3pt), the FTSE 100 (1.2pt), Australia 200 (3pts), plus more
Forex: choose from hundreds of currency pairs at Markets.com – you can trade majors like AUD/USD (2.9 pip spread), EUR/USD (1.9 pips) & USD/JPY (2.90 pips)
Commodities: trade precious metals like gold (0.67 spread) and silver (0.030 spread). Plus energy commodities like Crude oil (0.03 spread) and Brent oil (0.04 spread).
Crypto: trade Bitcoin with a 50 point spread and Ethereum with a 5 point spread.
View Broker Promotions >Trading Platforms
Markets WebTrader: trade on Markets award-winning trading platform, WebTrader. Here you can access advanced research tools, enhanced trading features and new customisation capabilities. WebTrader is in-house developed and can be accessed via web, mobile or tablet.
Markets App: trade on the go with Markets.com’ advanced, cutting-edge mobile apps, available on iPhone (iOS) and Android. You can also access all trading tools and research features on the Markets.com App. Gain access to the MARKETS.COM Australian App in the App Store or Google Play.
Markets.com – Other Important Features
Markets.com WebTrader platform.
Deposit Methods: you can deposit with: PayPal, Skrill, (Moneybookers), Neteller, Wire Transfer, Credit Cards + other methods.
Market Analysis Tools: real-time news feeds, 24/5 news and market commentary. Exclusive real-time market analysis, daily trading signals, forex briefings, plus more.
Free Demo Account: familiarise yourself with the Markets trading platform by trading with a demo account.
Market.com Deposit Fees
All deposits made to Markets are free of charge. You can fund your account using the following methods;
- Bank transfer: use fast bank transfer or a standard wire transfer
- Credit or debit card. They accept Visa card, MasterCard, Maestro and Electron
- Electronic wallets: use Paypal, Skrill or Neteller to fund your account
Markets.com can only accept deposit money from the above sources that are in your name only. Third party payments are not accepted.
Withdrawal Fees and Options
Markets.com do not charge withdrawal fees which is very competitive.
Plus, withdrawing money with Markets is quick and simple. Your funds can be withdrawn the same method as you deposited (bank transfer, credit/ debit card & electronic wallets). Withdrawals can take up to 7 business days.
