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Markets.com Broker: Reviews and Specifications

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Markets.com Discussion

Markets.com
  • Website: www.markets.com
  • Founded: 2006
  • Company: Safecap Investments Ltd.
  • Headquarter: Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus
  • Regulation: CySEC (#092/08)

Open Account

International offices –
Broker Type Market Maker
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes
Phone Cyprus +357-2-203-0583
Fax –
Email [email protected]
Website Languages English, Chinese, Arabic, French, Czech, Italian, Japanese, Polish, Portuguese, Russian, Spanish, Swedish, Turkish, Dutch, Romanian

 

Account Information

Free Demo Account Yes
Min. Deposit $100
ECN account No
Account Currencies USD • EUR
Maximum Leverage 200:1
Minimal Order Volume 0.01
Segregated accounts Yes
Swap-free Accounts No
MAM/PAMM accounts –
Managed account No
Interest on margin No
Deposit/ Withdraw Options Paypal • Skrill • Neteller • Bank Wire • Visa/ Mastercard • Sofort • Giropay (Germany)

 

Trading Terms

Trading Platforms
  • MetaTrader 4 (Desktop, Mobile, iPhone, iPa, iPod touch)
  • MarketTrader (desktop, mobile)
  • Sirix WebTrader
Precision pricing 4/5 digits
Type of Spread Fixed/Floating
Commission No
Lowest spread on EURUSD 2.2 – 3 pips – Mini account
2.2 – 3 pips – Standard account
Scalping Yes
Hedging Yes
Expert Advisors Yes
OCO orders Yes
Mobile Trading Yes
Web Trading Yes
Gold, Silver Yes
CFDs Yes
Cryptocurrency Trading Bitcoin
Other Trading Instruments Indices • Stocks • Energies • Commodities • Bonds
Promotion No
Trading Contests No

Reader Interactions

Comments

  1. David says

    January 18, 2014 at 2:02 am

    Hello:

    I just wanted to share my views about this broker: In my humble opinion, Markets.com is one of the worst brokers that exists out there. They offer way too expensive spreads. Their support desk is pure crap, their platforms (both Sirix and MT4) are pure garbage. Their “supposed education inside their website is childish, to say the least. I really don’t understand why some other websites post about this crappy borker as if it were the “eighth wonder” or something like that. In my opinion, it’s just a garbage company full of freaking blood suckers 🙂

    I have to say that I’ve made my due dilligence regarding this crappy company and, I’ve found out that they currently have many scam accusations in many other fórums. As anyone may realice, a broker who have a great deal of scam accusations cannot be considered even an “average” broker. It’s really a shame that a crappy broker like this one is still in business, scamming people here and there.

    Honestly, I believe that this garbage company should be banned from operating in the Forex Market. 🙂

    Best regards!

    Reply
  2. Ahsan Uddin Siddiqui says

    February 25, 2013 at 11:24 am

    It is not mentioned anywhere on their website that they don;t credit 25$ bonus to accounts from pakistan. I have created an account from Pakistan and they have credited me the same bonus normally but when i went to client cabinet for withdrawal of my profits as they are withdrawable in their policy their withdrawal page shows an annoying message “You have deposit first for withdrawaing profits from this account.”. Just after seeing that damn message appeared on withdrawal page i go to live chat and therein Mr. Albert (Chat Representative) informed me that we don’t credit 25$ bonus to accounts from Pakistan.

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! DAMN SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! DAMN SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! DAMN SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Account No.: 3026832

    Deposit/Withdrawal: 25.00
    Credit Facility: 0.00
    Closed Trade P/L: 123.98
    Floating P/L: 0.00
    Margin: 0.00
    Balance: 148.98
    Equity: 148.98
    Free Margin: 148.98

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! DAMN SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! DAMN SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! DAMN SCAM !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Reply

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