Markets.com is an international Forex and CFD provider that works with multiple regulators. Since it started in 2008, the company has become one of the best broker forex in the world.
The broker is owned by the Finalto Group, which has a lot of different businesses all over the world.
Markets.com is an investment services company that is regulated by the Australian Securities and Investments Commission in Australia, the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission, the Financial Services Commission (FSC) in the British Virgin Islands, and the Financial Sector Conduct Authority (FSCA) in South Africa.
Benefits Of Markets.Com
On Markets.com, users can trade in more than 2,200 CFDs without paying fees. These include bonds, blends, shares, stocks, indices, commodities, ETFs, and cryptocurrencies (though cryptocurrency CFDs are not available to retail clients in the UK.
Traders can buy fiat shares and stocks with the Markets.com account’s innovative Investment Strategy Builder tool. European professional accounts protect you from having a negative balance and keep your bank accounts separate. It lets you trade forex and other CFDs on three different platforms.
The other source of information and powerful trading tools are easy to find, such as market news, an economic calendar, technical analysis, tools for managing risk, and chart trading tools.
Traders can use the top-of-the-line Markets.com mobile app and web-based trading platforms, but they can also trade on the MetaTrader 4 and MetaTrader 5 platforms if they want to.
Markets.com has many helpful trading tools, such as Blogger’s Opinions, Hedge Funds Investment Confidence, Trading Analyst Recommendations, Insider Trades, and more.
The broker’s main selling point is that it offers customer service and support through live chat and email five days a week, no matter the time.
How Markets.Com Started
As GFC Markets, Markets.com was started in 2008 to serve small traders. It was renamed trading platforms Matkets.com in 2010, soon after Safecap Investments, which owned GFC Markets and TradeFX, a company that made software for CFD and Forex operators, merged with TradeFX.
In 2014, Markets.com teamed up with Arsenal FC as its “Official Forex and CFD trading partner” to access the club’s many digital channels. Part of the deal was that the Markets.com broker would give the winner of each match a “Matchday Experience.” In 2015, Playtech paid €458 million to buy TradeFX and, by extension, Markets.com.
In 2019, the company put its name to MarketsX, and in 2020, it started a new service called Markets, which focuses on investments in traditional stocks and shares.
Customers’ Review For Markets.Com
The Markets.com review indicates that the platform always exceeded customers’ expectations. In 2017, it won the Best Forex Provider and FX Platform awards at the UK Forex Awards.
Different Markets.com Ratings Based on Different Criteria
- Overall – 4 Stars
- Trust Score: 97% Fees and Commissions: 4 Stars
- Investment Offering – 4 Stars
- Research: 4 out of 5
- Four Stars for Mobile Trading
- 3.5 Stars for Education
So, it’s clear that the Markets.com broker hasn’t changed much regarding most parts of an optimized trading platform.
The Markets.Com Review: Who Can You Trust?
Markets.com is recognized by two Tier-1 regulators that people trust a lot, two Tier-2 regulators that people trust about as much, and one Tier-3 regulator that people trust less.
The Financial Conduct Authority of the UK and the Australian Securities and Investment Commission (ASIC) are both Tier-1 regulators (ASIC). It has an enormous Trust Score of 97 out of 99 in financial conduct and low risk.
Markets.com also has licenses from the Financial Sector Conduct Authority, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (BVI FSC) (FSCA).
The broker follows the rules of MiFID II and the European Securities and Markets Authority (ESMA), which include negative balance protection that keeps you from losing a lot of money while you trade.
There are some flaws on the other side. Information on the site only goes as far as the minimum spread, and average spreads for the last month, quarter, or year are unavailable. No one talks about how much spreads can get bigger when the market is closed.
This can make trading costs go above and beyond what was expected. This loss of clarity makes it hard for potential clients to understand how competitive the broker is before they open an account.