Markets.com is one of the biggest names in the Forex and CFD industry. It offers forex trading and CFD trading. It is based in Cyprus and is regulated by the Security and Exchange Commission of Cyprus (CySEC). It’s in business since 2009 and is owned by Safecap Investments Ltd. Markets is the official partner of Arsenal F.C and often offers promotions related to the team.
We start our detailed markets.com review, with the site’s platforms. Several platforms are available. MetaTrader 4 (MT4) is an advanced platform, offering automation, high leverage and real time charts and analysis tools. Markets Trader is the in-house developed platform. It’s easy to use and offers a simple navigation and useful real time tools and charts. Finally, for those who want to trade through mobile media, the Mobile Trader platform offers all the advanced tools that the web based platforms offer, in addition to a €25 no deposit bonus. The platform is compatible with iOS and Android devices. The Metatrader Multiterminal Platform allows investors to operate several accounts at the same time.
3 types of accounts are available. The Classic account has a minimum deposit of only €100. For a minimum deposit of €2500 you get a standard account with a dedicated account manager, SMS news and signals and a premium daily analysis. The Premium account requires a minimum deposit of €20,000 and offers a premium customer support. After registering to the site you can open a demo account where you can train your trading skills.
Spreads vary between the different currency pairs. EURUSD typical spread is 2.2 pips, GBPUSD typical spread is 2.8, USDJPY spread is usually 2.4 pips and USDCHF 2.9 pips. Spreads for other currency pairs are higher. Some markets conditions may trigger higher than typical spreads.
Leverage is usually 1:200. Some currency pairs like USDBRL or USDCNH have lower leverage.
Payments can be made using credit cards, bank transfers, wire transfers and Webmoney.
The Education section of the site offers articles, E Books , video tutorials and webinars on many forex related topics. All this should be more than enough to get every investor started in the world of online forex trading.
The forex news and analysis section offers a daily analysis of the forex market. The site also offers an economic calendar, trading signals, and charts.
You can contact customer service via email, live chat of a special phone number for Spain. Customer service is available 24 hours a day, 5 days a week.
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