Markets.com review and ratings

Established 2008
Location Australia UK Cyprus South Africa British Virgin Islands
Regulation ASIC, FCA, CySEC, FSCA, BVIFSC
Offices Sydney, London, Nicosia, Bloemfontein
Broker type STP
Leverage up to 1:300 (1:30 for AU and EU clients)
Deposit from 100 USD
Spreads mid  mid
Platforms Web MetaTrader 4 MetaTrader 5 Specific Social Platform
Instruments Currencies Indices Metals Energies Softs Stocks Bonds ETFs
Funding methods Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Giropay

Company information

Markets.com (MARKETSX) group includes 5 related companies.

Markets.com AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
Markets.com UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
Markets.com CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
Markets.com SA - located in South Africa, regulated by the Financial Sector Conduct Authority (FSCA).
Markets.com BVI - located in the British Virgin Islands, regulated by the BVI Financial Services Commission (BVIFSC).

Be aware, CY and UK companies have some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
Unfortunately, AU company also has been imposed with trading leverage limitations by ASIC since the end of March 2021.

Availability

Markets.com group accepts clients from all over the world, excluding USA, Canada, Belgium, Russia, Japan and some other countries where restrictions apply.

Distinctive features

Trading instruments

Forex broker offers the following underlying assets for trading.

60+ Currency Pairs Based on major and minor world currencies.
40 Indice CFDs Based on baskets of different blue-chip stocks, Volatility Index and US Dollar Index.
23 Blend CFDs Based on baskets of stocks and assets specifically assembled by the broker.
5 Metal CFDs Based on Gold, Silver, Palladium, Platinum and Copper.
4 Energy CFDs Based on Crude Oil (WTI, Brent), Heating Oil and Natural Gas.
8 Soft CFDs Based on Cocoa, Coffee, Corn, Cotton, Rice, Soybean, Sugar, Wheat.
4 Bond CFDs Based on US, UK and German government securities.
2000+ Stock CFDs Based on shares of AU, US, UK, EU, Hong Kong and South Africa companies.
50+ ETF CFDs Based on exchange-traded funds containing various tradable assets.

The broker also offers such specific trading assets as Blends and IPOs.

Comprehensive review

Markets.com (MARKETSX) is a forex & CFD brokerage company with registered entities in Australia, the UK, Cyprus and South Africa, as well as an offshore branch registered in the British Virgin Islands.

Markets.com is fully regulated as a forex broker in all of the above mentioned jurisdictions, which further adds to its credibility as a reliable company to deal with. This includes regulation by the very reputable Financial Conduct Authority (FCA) in the UK, and the Australian Securities and Investments Commission (ASIC).

Thanks to the regulatory regimes in Europe and Australia, traders in these regions are only allowed a trading leverage of maximum 1:30 when trading with Markets.com. Traders from other regions, however, will still get access to a relatively high leverage of 1:300 from this broker.

The instruments that are available from Markets.com includes a range of major and minor forex pairs, a large number of cryptocurrency CFDs, stock indices, single stocks, exchange traded funds (ETFs), government bonds, and commodities. Among these assets, the selection of single stocks is by far the largest with more than 1800 stocks from around the world available for trading.

In addition to these common assets, Markets.com also offers something it calls “blends”, which are essentially ETFs that are custom made by the broker to achieve particular investment goals. Examples of these blends are a Cannabis Blend made up of stocks of various companies in the cannabis industry, and a Fashion Blend with various companies in the clothing industry.

The spreads offered on these trading instruments are not the cheapest in the industry, but they are not too bad either. Especially when taking into consideration how large the selection of tradable assets actually is from this broker, we believe the cost of trading here is acceptable.

In terms of trading platforms, Markets.com is well-known for its own proprietary web-based platform. This platform includes features such as an overview of investments that are trending among its users, built-in analyst recommendations, as well as an easy-to-use charting solution. For those who want the ability to trade on the go, the Markets.com platform also comes as an app for Apple and Android mobile devices.

In addition to the in-house web platform, Markets.com also allows those who prefer to trade on the classic MetaTrader 4 or 5 (MT4/MT5) to do so.

The broker accepts most common payment methods for both deposits and withdrawals, and does not charge any fees for doing so on top of what the third-party solution may charge for making the transaction. In addition to the standard payment methods like bank wire transfers and major credit & debit cards, Markets.com also accepts the popular e-wallets Skrill, Neteller, iDeal, and Sofort.

All in all, we believe the huge selection of stock CFDs makes Markets.com stand out in the industry with one of the largest and best offerings for stock traders. We also like their focus on blends, although we believe these may be better suited for long-term investments than for short-term trading. As such, the broker should consider making these available without any leverage, given that leveraged products are not ideal for holding over the long-term.

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