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MarketsX2 min read
Broker Review
«Markets» online forex and CFD broker is a very popular forex broker among traders. In addition to the trademark TradeTech Markets Limited, the company is a serious forex broker that has been in operation since early 2000. Being one of the early leaders in the retail forex space, «Markets» has evolved to become one of the well known and reputable forex brokerages with over 10 years of successfully running the forex brokerage. Broker offers a very wide range of assets, including CFDs on Indices, Currencies, Commodities, Stocks, Cryptocurrencies, ETFs, Blends and Bonds. More than 2,000 instruments are available on the platform.
Platforms
88
Usability
73
Assets
90
Users rating29 Votes
89
Pros Broker
Fully regulated
Wide range of assets
Low trading fees
Reliable trading terminals
Cons Broker
No support on weekends
Website could confuse new traders
Higher than average swap rates
No deposit in cryptocurrency
84
Overall Broker Rating
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Review of the company

«Markets» appeared in 2000, but the official website was launched in 2010. The trademark belongs to TradeTech Markets Limited. The company is part of the well-known corporation Playtech PLC. He is the sponsor of Arsenal Football Club.

The broker is aimed at working with investors from Africa, Asia, Europe. Owns 2 certificates of conduct. The first was obtained for work in the eurozone from the CySEC regulator, the second – FSB, issued by an auditor from South Africa, gives the right to serve customers living in African countries. The company offers a wide selection of trading platforms, including the world famous Metatrader 4 platform.

In accordance with international standards, each quarter submits reports to regulatory organizations. It stores the money of traders in separate accounts, without using funds to pay for current expenses. In the event of bankruptcy, the customer’s money will remain intact.

WHAT IS MARKETSX?

Account Types

In total, Markets.com provides three accounts, each of which differs in the provided additional services. So, on a classic account you will not have a personal manager, signals and premium services, but the initial deposit is only $100. The next account starts already with $2,000 and it includes almost all the services of the broker. And for $20,000 you will receive some kind of elite service. For most traders, the first two accounts will be enough.

In addition to currency pairs, it will be possible to trade bonds, stocks, raw materials and metals in the trading terminal. Compared to other similar organizations, here you will get almost the entire set of companies that are traded on the world’s stock exchange. You will be able to purchase stocks of both Apple and Facebook. The company offers a wide selection of trading platforms, including the world famous Metatrader 4 platform.

Deposits & Withdrawals

Markets.com supports a fairly standard range of deposit options. Among them are bank transfers and credit cards. In addition to these, Neteller, Skrill, and PayPal are also supported. The withdrawal is only processed through the same method through which traders made their deposits. The processing time of the Withdrawal is 5-7 days.

Customer Service

Markets.com has the largest support services available that work with offices around the world and representatives answer 24/5 by telephone in the language of their local headquarters. Online chat and email are also available. The online form can be used to contact the leading office of the stock broker. Customer service also includes individual account management and CFD training. You can open a trading account on Markets.com easily, quickly and completely digitally.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.