Markets.com is operated by Safecap Investments Limited, a regulated investment services firm authorised by CySEC (under license no. 092/08).
Signing up takes just two items – an email address and a password. Traders then get access to a demo account with a £100,000 virtual balance.
CFDs are complex instruments and are available with a high risk of losing money rapidly thanks to leverage.
73% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you’ll afford to require the high risk of losing your money.
Here are a number of the key details about the Markets.com brand;
- Demo Account – Yes. Available instantly on sign-up.
- Minimum Deposit – £100
- Minimum trade – £1
- Signals service – No.
- Offer details – No current deposit bonus.
- Mobile App – Yes.
Markets.com reviews Bonus
As a CFD broker, Markets.com delivers a trading platform which matches way beyond that of a standard binary options website. It represents a “step up” from binary options platforms, providing leverage and charting options only available at skilled CFD brokers.
The feature rich platform does mean a further layer of complexity, and therefore the management of risk isn’t as simple like traditional binary options. That said, the trading platform presents trades clearly, and traders can see exactly what leverage they’re taking over – and configure it appropriately.
The first step traders complete is to seek out their desired asset. there’s a handy search function, or traders can select a category of asset (Bonds, Currencies, Stock, Commodities and Indices) and filter it further via sub-choices, like ‘major’ or ‘minor’ for currency pairs, or alphabetic grouping for stocks.
Once the specified asset has been found, selecting it brings up the worth graph on the proper hand side (there is additionally a star icon, which, once highlighted, adds that asset to the user’s ‘favourites’ for an additional short move regularly traded assets). The charting may be a real strength at Markets.com – traders can perform an enormous range of study using the advanced charts. Here may be a sample of just a few of the features;
Scale the charts over any time-frame from 1 minute intervals, to 1 month – and expand the time-frame that the chart covers.
markets-com advanced chartsOverlay Technical analysis – turn on Bollinger bands, or moving averages etc – but crucially, Markets.com give the user the power to configure the analysis to their own needs. they will set their own moving average time frames – or the other settings (See the screen shot for an example within the MACD feature). the selection of tools is extremely , very impressive.
Configure the looks – Set the background and hues as needed , and switch on, or off, different features like trade volume or the grid.
Annotate by hand – Add bespoke trend lines, channels or support and resistance lines as needed .
Some brokers provide a really basic chart and almost assume their traders will have done their research elsewhere – not so at Markets.com – they supply a number of the simplest charting and research resources we’ve seen.
To open an edge , traders select the ‘Buy‘ or ‘Sell‘ buttons above the graph. this may open a replacement window where the precise figures of the trade are often entered. This includes the extent of investment, the leverage, plus any stop loss or take profit figures that the trader wants to use . the entire value of the safety is displayed, just above the ‘required margin‘ – this is often where traders got to manage their risk and liabilities.
Clicking the ‘Confirm Order’ button will rubber stamp the deal and a popup will appear confirming the order is placed. At now , the trade are going to be visible within the ‘Open Positions’ tab – but the detail also will be visible on the asset itself (details of the trade, including the live position, are shown beneath the relevant asset within the asset list) and also within the account overview table, within the bottom left of the trading area.
At any point an open position are often edited or closed. The Edit and shut buttons are available alongside the asset within the menu on the left. Clicking either will allow a trader to amend the stop loss or take profit levels, or close the trade. A live ‘Profit/Loss’ tally informs the trader how that specific trade is performing.
There is also on overall account window. This displays the consolidated position of the account as an entire , including a balance which incorporates all open trades.
Markets.com offer an in depth range of assets. As a Forex and CFD broker, they provide trading on commodities, stocks, forex and indices – and additionally , they also offer trading on bonds. The search facility makes finding the specified asset very easy. Frequently traded assets are often added to a ‘favourites’ list for quick access.
Binary options traders could also be wont to having differing types of option available, but at Markets.com, as a CFD broker, they only offer trading via the ‘spreads’. One other note on the trading choice, is that the inventory at Markets.com is dominated by US firms, with not such a lot attention given to FTSE 100 stocks.
markets.com mobile app trading platform
Markets.com provide a free mobile trading app. Applications are written for both iOS (version 6.0 or later required) and android (version 4.0 and up). Both are alright established with an outsized number of downloads. Users have rated them at 4 out of 5 for iOS and three .8 out of 5 for the android version.
The application reflects the trading platform at the complete site. the complete range of assets are available via mobile and therefore the trading mechanism is that the same. The display is obvious but still displays all the relevant detail and therefore the power of the charting tools remain – though a full screen is desirable for that sort of study . The asset search facility remains, and therefore the trade confirmation screen is that the same – allowing full use of stop losses and take profit options.
Markets.com offer very competitive spreads and 0 commission. Spreads are generally very tight, particularly on the frequently traded assets that attract high volume. Leverage can magnify profits and losses, making comparison to binary options payouts irrelevant. Markets.com margins compare favourably with their CFD and Spread betting rivals.
Withdrawal and deposit options
Markets.com accept deposits via all the main sources; wire bank transfer, credit cards, e-wallets (such as Skrill and Neteller) and debit cards. Making a deposit may be a swift process and people deposits are commission free, there are not any fees.
Any withdrawals are made back to an equivalent method because the original deposit. Again, there are not any fees for withdrawals and that they are often made at any point. Traders funds are segregated from the business funds, as per regulation guidelines.