|Date of foundation|
148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus
|The owner of the company|
|Types of support|
Email: [email protected]
Feedback form on the site
|Support by phone|
English, French, Spanish, German, Portuguese
MetaTrader 4 (PC, Web, Mobile), MetaTrader 5 (PC, Web, Mobile)
|Min. first deposit|
From 100 USD
From 3 points
|Free Demo Account|
|Types of accounts|
From 0.01 lot
|Execution of orders|
Market Execution (at market price)
|Methods of replenishment|
Diners Club, Neteller, PayPal, Skrill, Wire Transfer, Bank Card (Visa/MC)
Diners Club, Neteller, PayPal, Skrill, Wire Transfer, Bank Card (Visa/MC)
|Number of assets|
|Types of assets|
EUR, USD, GBP
|Tournaments / contests|
Background information, manuals, personal managers
|Contract Difference Commission|
News and market reviews, calendar with forecasts
Stable operation of the terminal
Plenty of trading tools
Professional technical support
Fast withdrawal of earnings
Problems with the withdrawal of earnings
Incompetence of individual managers
|Date of update|
Markets.com is it a scam? Reviews and description
Markets.com is one of the dynamic Forex brokers, which has been offering online trading services since 2010 and is managed by Safecap (a subsidiary of Playtech PLC, whose shares are listed on the London stock exchange and are included in the FTSE 250 index). Today, the company is distinguished among competitors by favorable trading conditions, an expanded set of tools – more than 2,000 assets (CFDs on currencies, goods, stocks, indices, etc.), quality service.
And yet, is Markets.com a scam or a decent company that you can definitely trust? We will answer this question in a detailed review of the broker.
Terms of trade with Markets.com
The company belongs to a powerful investment group Safecap Investments Limited, which has a large network of offices around the world. The broker has gained a good reputation not only among traders, but also among investors, is popular with large investment funds due to the quality of the author’s trading environment. Close business relations with large banks and insurance companies allow ensuring the reliability of trade, which contributes to the financial prosperity of customers.
As one of the market leaders, working with clients around the world and providing services in more than 20 languages, Markets.com is ready to provide its user with only the best conditions and solutions. Clients will benefit from Forex trading: narrow spreads, leverage up to 1:300, low entry threshold, no commissions, etc. Making cooperation with the trader more interesting and profitable, the company has signed a cooperation agreement with the football club «Arsenal», which allowed customers to participate in competitions with the opportunity to win «VIP-package» from Markets.com – FC Arsenal, which includes exclusive souvenirs from the team and tickets to the game at the Emirates stadium.
It is important for the broker to provide a reliable service that will make the work not only comfortable and functional, but also profitable. In addition to the popular MetaTrader 4 terminal among traders, the company offers a modern trading platform, which is currently one of the leading in the industry. The terminal features a set of advanced tools for analysis; a variety of functions and features that do not require downloads. Traders have everything they need to develop their unique strategy, embedded charts, reports, in-depth analysis, economic calendar, accurate trading signals.
In addition to the platform, each trader can download a modern convenient mobile application (for Android and IOS devices), the author of which is also a broker. With the help of trading tools, the application will allow you to trade at any time and in any convenient place around the world. Both platforms make the most convenient and efficient management of the deposit and transactions, instant deposit and withdrawal of funds, etc. Users of the company have access to round-the-clock professional technical support (24/5), which will always help to find the answer to any questions. The Markets.com official website is distinguished by information content, there is a lot of materials about the company, trading conditions, platforms, analytics and training opportunities.
Deposit and withdrawal
Despite the fact that Markets.com offers many advantages in online trading, however, there are not so many methods of deposit and withdrawal. To deposit your account for trading, you need to register, make an amount by choosing a convenient way to transfer funds (minimum deposit – $100), from the usual Bankcards to e-wallets:
- Bank transfer (payments within 1 banking day),
- Urgent money transfers (Ideal, Sofort, Giropay, Mistercash, Instant Bank, Multibanco, Przelewy24, etc.),
- Credit and debit cards Visa, Mastercard, Diners Club (payments within 3 banking days),
- Payment terminals Paypal, Skrill, NETELLER (payments within 1 banking day).
You can open an account in several currencies. Withdrawal of funds is possible only for authorized traders, passes only the way in which the deposit was made. Output and input operations are performed as quickly as possible, without broker commissions.
Complaints against Markets.com
There are many reviews about dealing with Markets.com, both positive and negative. Some traders note as advantages the reliability of the broker, which provides opportunities for real earnings, stable operation of the terminal, bonuses, a lot of tools, professional technical support, quick withdrawal of funds, quality analytics. Among the negative aspects, which are enough for the company, the most common problems arise with withdrawal of funds, competence of managers (lack of communication with the technical support service, constant calls with a request to replenish the account), blocking accounts without explanation, false quotations.
At the same time, a representative of the company does not work on the forums that now in some sense only complicates the situation with reviews. To avoid negative effects while working with the broker, fully verify your account, check with your personal manager features of Forex trading, use of bonuses and withdrawal procedures.
Is Markets.com a scam?
Today Markets.com is one of the experienced and dynamically developing international companies that have earned recognition and leadership positions. The broker works with a large database of traders around the world, offering an expanded list of trading tools, profitable Forex trading, which increases the trust of users (truth about Forex).
However, there are different references in Internet about Markets.com, both positive and negative. Among the advantages are often mentioned: steady operation of the terminal, a lot of assets, etc. There are enough negative reviewon the network too, this largely suggests that there are problems in the process that require improvements (the problem of professionalism of employees, withdrawal of funds, blocking of accounts). At the same time, a representative of the company does not work on the forums, we hope that the company plans to improve their work in this direction and helps to eliminate the negative of users. A significant advantage of the company is an availability of its own development of high-quality terminals that expand trading opportunities. Willingness to invest a decent investment in the creation of a unique service, proven user reviews and the largest financial institutions are serious step, which indicates the company’s focus on long-term work in online trading, which is not available to one-day firms.
Markets.com has the license for implementation of activities that raises the confidence of users. It is worth noting an informative official website Markets.com, availability of lucrative bonuses, different accounts, learning opportunities, quality analysts that testify a deliberate strategy of working with a client that is also not accessible to the scam websites. Should we consider Markets.com as a scam lottery or a fraudster? Let us answer this question with no. This response was largely influenced by the wide scale of the company’s representation around the world, the presence of a large base of traders, unique trading opportunities. To avoid problems in working with the broker, check with your personal manager all information about the rules of using the bonuses, withdrawal procedure, trading conditions.
Regulator of the broker
Markets.com is managed by Safecap Investments Ltd. which has the regulation of Cyprus securities and exchange Commission (CySEC No.092/08). Safecap is also licensed as a financial services provider in South Africa by the Financial services authority (FSB, No.43906).
Bonuses in Markets.com
Each trader of the company can get two types of bonuses:
1) Welcome bonus of $25
A profitable welcome bonus for all new users of the platform gives the opportunity to receive additional funds for $25 when registering an account. The action will allow you to trade profitably in the terminal using the provided funds. Check terms of the bonus with your personal manager.
2) Bonus of $20 for mobile app install
Another interesting broker bonus is provided to any user of the platform who has a full registration. The offer to use the bonus will be sent to the trader’s contact e-mail and is charged only with his consent (within 7 days). To get the bonus, you need to install the mobile application. The bonus can be withdrawn immediately or you can start trading with it. Check terms of the bonus with your personal manager.
Forex trading broker Markets.com is a dynamically developing company known all over the world, which gained the trust of a large number of traders and large financial institutions. Providing a high-quality web product, a variety of tools and favorable trading conditions (including fruitful cooperation with Arsenal FC), and the company develops constantly and monitors current trends in online trading. The network presents different reviews about the company, there are clearly lacks of active managerwork on behalf of the broker, who would answer the questions of users.
We hope that the company plans to work on the forums, to make progress on the way to improve the service. It is also worth noting that Markets.com has been quite successful for many years, proving its reliability and stability in working with users around the world, so today we will not evaluate it as a scam company. And yet the references we expect from traders may not only affect the broker’s ratings, but also caution investors against problems.
This does not constitute investment advice or personal recommendations as your specific financial circumstances have not been considered. No warranty is given in regards to the accuracy and completeness of information. Past performance is not an indicator of future results.
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