Markets.com : reviews about the broker in 2021

Would you like to know if Markets.com is it a scam or a scam? Then you are on the right page, since since Estafa.info we have carried out a complete analysis of this financial investment broker.

On this page you can read our opinions of Markets.com about its services, with special attention to the security guarantees it offers its clients, but without forgetting its investment offer, customer service, and all the rest of important factors that you should take into account when choosing a website from which to operate.

For now, we anticipate that our opinions of Markets.com are that it is not a scam . The reasons we will give you later, so be sure to read our review.

With this investment broker you can invest in CFDs or contracts for difference about the most popular underlying assets among investors such as stocks, indices, commodities and, of course, Forex. To read more about how CFDs work, what they are or what the best CFD brokers visit this link.

Our experience with Markets.com

The experience of trading with the broker has created our opinions of Markets.com very positive . First of all, we have verified that it has the license of the Cyprus Securities and Exchange Commission (CySEC) and the CNMV.

Precisely, these are two of the main factors that make us sure that it is not a fraud, but also, you have to know that, as required by MiFID, it belongs to a compensation fund in such a way that customer deposits are covered . Be sure to read the next section where we explain it in detail.

As for their CFD offering, it deserves good opinions about Markets.com . It is noteworthy the diversity of underlying assets available to its clients, with special mention to the more than 2000 shares of companies around the world in which you can invest.

In addition, the user experience is also regularly benefited by getting a prize for registration without the need to make any deposit, and for the possibility of attending one of their live online webinars, to listen to the market analysis of an expert.

Markets.com : Scam or legit?

So let's move on to one of the star sections of our reviews: Is it Markets.com a scam? As we have advanced in the introduction of the article, in this case there is no suspicion that we are facing a scam since the broker Markets.com it is reliable .

The company that manages the website is called Safecap Investments Limited which is a subsidiary of Playtech PLC , a company listed on the London Stock exchange and is part of the FTSE 250 index .

Company Safecap Investments Limited is registered with the CySEC -in the regulations section we give you the details- which implies that it belongs to the Investor Compensation Fund for clients of Cyprus Investment Firms (CIFs).

Thanks to this, the funds of all users and clients who deposit money on the platform will be covered in case of insolvency of Safecap Investments Ltd in an amount that may amount to up to $20,000 per person maximum .

It should always be clear that this fund does not cover any losses you may have as an investor, but simply the money that you have deposited in the account, in the event that the company files a suspension of payments or incurs a situation in which it cannot return your money.

A look at the most relevant of Markets.com

In addition, all transactions you make through this website are encrypted using the Secure Socket Layer Protocol (SSL) and they are made with PCI Level 1 certified international payment service providers.

Regarding the servers, they have also done their homework, since they are located in SAS 70 certified data centers. Finally, another very appreciative feature is that the broker does not support negative balances clients so that it is never possible to lose more than the entire amount invested, something that is generally possible with CFDs. Thus, they save having to chase you through the courts of your country, and you a huge upset in case there is a significant gap against your investment.

Offer of Markets.com

With this broker you have access to a good amount of assets in the than investing through contracts for differences . They mainly highlight the actions, among which there are more than 2000, but there is also a more than acceptable selection of ETFs, indices, commodities and currency pairs .

Sometimes the broker makes available to its clients and even those who are not market analysis sessions through online webinars. In the training section you will find some basic concepts about forex, CFDs, technical analysis, Elliot waves, but all in a rather superficial way.

Can use it to refresh some concept or to identify a weak point that you should learn about, but it's not enough as a study material.

So let's summarize the wide range of Markets.com for a better general idea of the user of this online broker. Apart from traditional Forex trading, commodities, Forex currency pairs, this broker provides us with its platform to also invest in CFDs, cryptocurrencies CFDs, do social trading and also copy-trading .

The broker Markets.com it provides us with a good offer of options to invest of which CFDs are the ones that carry the highest level of risk for investments. We talked about this in more detail in the next section of our review of Markets.com .

CFDs

The CFD offer is good and comprehensive. The maximum leverage they allow is 30 to 1, but it varies depending on the underlying assets. In the actions section, as we have already pointed out, there is access to more than 2000 belonging to the 12 main markets, which together with the leverage of up to 1:5 possible, in most cases, makes it possible to diversify a relatively small portfolio as if it were a large investment fund.

In some sporadic cases, you will see that the allowed leverage is less , or even rarely, the investor is not allowed to leverage, and he will only be able to make investments 1:1.

As if this were not enough, they are also offered more than 45 ETFs which together represent more than 1900 actions. In this case the leverage can be up to 1:5.

Another good way to get a balanced and much less volatile investment than stocks are indices. Out heré we will find more than 25 indexes , among which is the selective New Zealand IBEX35 accessible with a leverage of up to 1:20.

In Forex you will find more than 50 currency pairs, with a leverage that can reach up to 1:30. Finally, you will also be able to opt for more than 15 raw materials , among which are gold, silver, oil and other most requested commodities, six cryptocurrencies and five bonds.

Cryptocurrencies

The platform of Markets.com it includes in its financial instruments the markets of 25 different cryptocurrencies, but we must explain some peculiarities of this type of markets. First of all, we must clarify that in Markets.com you can trade cryptocurrency CFDs, but if you are a UK resident you will not have this opportunity since in this country it is not allowed to trade with cryptocurrency CFDs.

However, these restrictions do not apply to the other dollarpeo countries so if you are a resident of another dollarpeo country you can invest in cryptocurrencies with Markets.com that delivers you 25 different cryptocurrencies . The leverage in this type of trading for traders of the Dollarpea Union is limited to 1:2.

Among the available cryptocurrencies are the most popular : BTC, BCH, DASH, ETH, LTC, XRP, TRON, BAT, NEO, ADA. You should keep in mind that the maximum leverage will depend on the type of account and instrument you use.

In general the leverage in cryptocurrency trading is low-level unlike liquid and less volatile assets such as popular currency pairs that have higher leverage.

Forex trading

One of the most popular financial instruments in Markets.com it is of course the trade with international currencies that is known as Forex. On the platform of Markets.com you can trading 67 currencies and currency pairs of higher and lower rank, but also with some exotic currencies.

Forex currency spreads in Markets.com it is currently variable, thus equalizing its offer with that of other multi-asset brokers with variable spreads. These spreads are comparatively higher and also with higher leverage levels. What is striking is the high broker fees for Forex trading what according to our opinions of Markets.com this is one of the disadvantages of the platform.

Demo account of Markets.com

Without a doubt, prizes are an excellent possibility to test a platform, but of course the demo accounts are even better to examine the online broker, because we will not lose anything, not even gift money. So if we make all our mistakes on the demo account, then we can try to earn money from the prizes and thus get extra profitability.

In this case, the demo account will allows to make simulated operations with real prices of the market. Since there is no risk whatsoever, according to our views of Markets.com , the broker is very much worth a try. The best of the demo account of Markets.com it is that we can test all the functional features of the platform that require fewer steps to be configured and tested.

Of course all the trades on the demo account are made with play money and one feels relaxed when try the different tools available without any risk. Strategies can also be tested thanks to the possibility of opening the real account and the demo account simultaneously.

Payment methods

Here the platform is not one of the ones that stand out the most for the great offer of possibilities when it comes to depositing money, but at least it meets the expected minimums. You will be able to deposit money with credit cards, bank transfers, webmoney and skrill . The minimum deposit required to open an account is 100 GBP/NZD/USD or the equivalent in one of the local currencies accepted by Markets.com .

The minimum withdrawal amounts they differ depending on the payment method . For example if you withdraw money with Neteller and Skrill, the minimum withdrawal is 5 USD/ NZD/GBP, but if you withdraw money through bank transfers the minimum withdrawal is 100 GBP/NZD/ USD in all regions except the EU, where the minimum is 20 GBP/NZD/USD.

There is something very important: Markets.com requires funds to be deposited and withdrawn using the same payment method . In addition, the broker applies all security measures, in accordance with the best anti-money laundering practices.

To withdraw money, we have mentioned that you must use the same payment method with which you have deposited money. The merchants of Markets.com they should take into account that before withdrawing they must go through identity verification .

For this they will ask for a copy of the ID made in front and behind, and proof of residence, which could be an invoice, receipt, bank statement or tax certificate that is in your name and has your address clearly visible. It is imperative that the date of issue of the receipt or similar will not be older than 6 months.

A big advantage of the platform is that to deposit or withdraw there are no commissions for Markets.com . You can withdraw money to bank accounts of which you are the owner and the time it takes for a withdrawal by card, for example, is 1 working day.

Licenses and regulations in Markets.com

Surely you have already solved many of your doubts about the security of this company and we hope you are convinced that Markets.com it's not a scam . However, this is not enough to entrust our money to anyone. Surely your neighbor is not a scammer, but you wouldn't trust him with your savings, would you?

Well, let's look at the regulations that you are obliged to follow Markets.com . Starting with the registration in the CySEC , you should know that Safecap Investments Ltd is registered with the registration number 186196 and with the license number 092/08, at the postal address 148, Strovolos Avenue, 4th Floor, Strovolos CY-2048 Nicosia.

The company is also registered at the CNMV since October 1, 2009, with the registration number 2381 in the category of foreign investment services companies in free provision and by the Financial Services Board (‘FSB’) of South Africa with the number 43906 as an authorized provider of financial services.

Membership in the CySEC implies that they must be comply with all dollarpeas regulations including the MiFID and, therefore, offer all the guarantees of security and transparency that this directive requires financial platforms operating in Dollarpa.

Customer service

Customer service is available 24 hours a day, 5 days a week, but not during the weekend. The possibilities to contact are by live chat, phone, email, online form . To contact by phone they have a New Zealand number + 34-91-182-9774, but you can also send your queries by email or through the contact form available on their website.

We tried the chat. We had to wait less than two minutes to be attended to, because we were the first in the queue of the agent, and another two minutes or so in which the agent gave the answer to our question. As a complement, they send you the chat text by email if you want to give it to them, since it is not necessary to be a customer, in order to get in touch with them.

The opinions of Markets.com of our team agree that their customer service it's fast, useful and efficient . What we consider as a disadvantage is the lack of support during the weekends.

Functionality of the website

The web is quite classic, with black and white predominating, but just because it doesn't look too Moderna't mean it's not a good place to invest. On the contrary, the use is very intuitive and the investment is easy to make. The best thing, that you access it without having to do any kind of download, you simply need a good Internet connection.

The platform of Markets.com it offers advanced technical analysis tools and with a range of technical indicators to analyze the advanced charts. The interesting thing here is that Markets.com it offers its own proprietary trading platform , Marketsx, which comes with 14 trading tools. Another important platform is Marketsi that allows trading thousands of shares within the Dollarpea Union market.

In addition, those who want more stability can enjoy it by downloading the investment platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) which are available for PC and Mac users. These systems are easy to set up and use online. They can be used in real time and run quickly.

Another very useful tool of Markets.com they are the commercial cubes. With this unique feature the negotiation process is streamlined since we can see numerous financial instruments at once.

Mobile application of Markets.com

It is also possible to earn money from anywhere and at any time, thanks to mobile apps, available for Android and iOS . The operation of both is very stable and they make constant updates, so that it is. In fact at the time this review was written the Apple app had been updated only 4 days ago.

Within the mobile applications of Markets.com you have access to all different products of the broker and you can use all financial instruments from the mobile. Both apps have technical analysis and graphics that can be used in the computer version.

Functions for limiting risk (Stop loss, Entry Limit, Take Profit, Stop Entry) are also available. What is not available, and according to all the opinions of Markets.com in our team is a disadvantage, it is the alerts, the lack of access to the news and the inability to add indicators to charts .

So if you plan to invest in Markets.com from the mobile you should think twice taking into account these features missing from mobile apps from the broker. What is also not possible is to log in through the two-step process and Touch/Face ID identification.

Finding

In conclusion we will summarize our opinions of Markets.com and their offer to invest online. First of all, we must emphasize that we are facing a good provider of CFD investment services, in which you can invest in a large number of assets which include the most popular underlying among New Zealand investors.

As for security, there is no doubt that Markets.com it is not a scam, but on the contrary because it is a company registered with the CySEC and the CNMV and it also has licenses from prestigious markets such as the FCA of the United Kingdom, the ASIC of Australia and FSB of South Africa.

A better investment training section is missing, but it compensates well with the possibility of investing for free in the demo account where we can test the platform , its financial instruments and some investment strategies that we will then apply in the trading account we have in Markets.com .

On the other hand, we see that the rates and commissions of Markets.com in Forex currency trading are high and the main products are CFDs and Forex trading. Other disadvantages that we find are in the mobile applications of Markets.com : the lack of authentication in two steps and price alerts.

*84.1% of retail investors who invest in CFDs with this provider lose liquidity; therefore, you should consider whether you can afford the high risk of losing money.

FAQ: frequently asked questions

We have prepared a section of frequently asked questions about the broker Markets.com to offer specific information about the most common queries of the users. With the answers of our experts we hope to clarify any doubts or suspicions that may have arisen about the platform and help you choose your online broker platform.

👍 What is Markets.com ?

The broker Markets.com it is a platform where you can trade and trade with different assets, invest in stocks, currencies, CFDs, cryptocurrencies. The broker is part of Finalto Limited , a component of Playtech PLC, which is listed on the main market of the London Stock Exchange and is a constituent of the FTSE 250 index.

💰 What are the fees and commissions of Markets.com ?

When you deposit or withdraw money from your trading account you should not pay any committees of Markets.com . The broker has business and non-business rates . Trading fees are brokerage fees that are paid for making trades, that's why commissions are paid, a differencal or a financing rate that can be consulted on their website.

🧐 How does it work Markets.com ?

Platform it works in a simple way and it is easily accessible via the Internet. The user interface is simple and clear. Offers advanced tools of technical analysis with charts. The platform also comes with a range of technical indicators to improve chart analysis.

👨 How to invest in Markets.com ?

You can invest in Markets.com using any of the various financial instruments available on the platform and in multiple products and investment options . There are more than 2000 stocks, a selection of ETFs, indices, commodities and currency pairsand cryptocurrencies.

🤨 Is it Markets.com safe and reliable?

Any online broker is safe if it has licenses and meets regulatory standards. Markets.com it is regulated by five recognized financial authorities globally, including two that offer investor compensation schemes (CySEC and FCA). All of their clients' trading accounts have segregated accounts for their deposits.

₿ Is it possible to invest in cryptocurrencies with Markets.com ?

Markets.com it offers access to 25 different crypto assets and it allows you to negotiate prices without having to own the underlying currencies. No wallet required and you can trade bitcoin, ripple, ether and more futures, or search for one more cryptocurrency on the market with CryptoBlend. Crypto CFDs are not offered to UK residents.