Types of Accounts and their Features

Markets.com offers their clients one main account type; the Standard account which gives clients access to over 2,200 tradable CFDs and leverage of up to 300:1 depending on the client’s jurisdiction.

The broker also offers a demo account that comes with $10,000 virtual funds, thus allowing clients to test the platform prior to depositing their own capital.

Deposits and Withdrawals

Markets.com requires a minimum deposit of $0 to open a live account.

To make a deposit or a withdrawal, you would need a credit or debit card, through PayPal, bank wire transfer, Skrill, Neteller, and additional ones based on the client’s region.

The currencies that can be used are USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CHF, and AUD.

Cost and Fees, Commissions and Spreads

Markets.com charges relatively low spreads for the EUR/USD and GBP/USD pairs at around 0.7 pips. Markets.com does not charge commissions on CFDs and their trading fees are mostly covered in the spread.

In addition, for accounts that have been idle for more than 3 months an inactivity fee of $10 per month is charged.

Each broker charges its own costs which entail commissions, spreads, and margins. Traders should be aware of exactly what their broker’s fees will involve before deciding to trade with them.

The following describes what exactly a spread, margin, and commissions are:  The spread of a currency pair is the variance between the bid and the asking rate.

A pip represents the smallest increment that an exchange rate can move. One pip is 0.01 for currency pairs with JPY as the term currency and 0.0001 for all other pairs.

A margin means that it is the amount of money essential in your account to open a place. Margin is planned based on the current price of the base currency against USD, the size (volume) of the position, and the leverage applied to your trading account.

The commissions are the costs levied by the broker on a client for making trades on the client’s behalf. The level of commissions will differ between various brokers and it will also depend on the different kinds of services, accounts, and trades done by the brokers.

There are, however, execution-only brokers, they do not get involved with any direct personal investment guidance. These brokers charge much fewer commissions but the traders have to take complete control over how they trade the markets.

Although contract for differences (CFDs) trading is a method of offshoot trading that allows traders to gamble on the rising or falling prices of fast-moving global financial markets.

This type of trading of shares does incur commission. CFD trades on different markets have no commission but do wrap a spread around the market price of a certain instrument.

Leverage

Based on a location, Markets.com offers a maximum leverage ratio of 1: 300. Leverage is the ability that will enable a trader to gain greater exposure to the market than the sum a trader deposited to begin a trade.

Leveraged products increase a trader’s prospective revenue – yet also create a risk for loss. The sum of leverage is conveyed as a ratio, for instance, 50:1, 100:1, or 500:1.

For example, if a trader has $1,000 in his trading account and is trading ticket sizes of 500,000 USD/JPY, this leverage will compare to 500:1.

Bonuses

Markets.com offers bonuses to clients residing in certain jurisdictions.

Trading Platforms, Software, and its Features

Markets.com provides its clients with different platforms.  The platforms MT4, MT5, and Markets.com’ proprietary platform.

Markets.com has developed its own web-based trading platform which is also available as a mobile app on iOS and Android devices.

The platform is straightforward and user-friendly and includes a number of technical, fundamental, and sentimental analysis tools.

The platform contains 14 trading tools, market insights from thousands of bloggers, a Hedge Funds Investment Confidence tool, and an Insiders Trades feature that highlights changes in share
holdings of more than 36,000 businesses.

Clients will also benefit from trading analyst recommendations in addition to a variety of forex signals and all you need to know for Fibonacci trading as well as scalping tactics.

Overall, the Markets.com trading platform provides traders with a complete set of tools that allows them to easily monitor and react to the markets.

Usually, brokers provide different trading software for their clients. This is normally called a trading platform and it is used for making trades.

A platform can be a multi-asset one, which means that it allows clients to not only trade forex but also other asset classes like CFDs, Commodities, Equity and index, Cryptocurrencies, Blends, Bonds, and ETFs.

The choice about which platform to choose mostly depends on what a client would like to trade, therefore it will be one of the standards when choosing a broker too.

Markets, Products, and Instruments

Markets.com offers its clients over 2,200 CFDs including, commodities, stocks, indices, *cryptocurrencies, blends, Bonds, and ETFs

The majority of brokers will provide various kinds of market instruments for trading. A new trend that is picking up momentum is trading in cryptocurrencies.

The following are various types of cryptocurrencies: The most well-known of these is Bitcoin (BTC) which is the digital currency with the major market capitalization and price levels since it began in 2008. It controls 50 percent of the total crypto market cap.

Ethereum (ETH) is the second major cryptocurrency after Bitcoin and provides developers to create smart contracts on a platform.

Another cryptocurrency is Litecoin (LTC) which is similar to Bitcoin but varies in terms of scalability.  Litecoin is also a very popular altcoin and LTCUSD is a fork of Bitcoin (BTCUSD), copied from Bitcoin’s code and with some changes and launched a new project.

Ripple (RPL) is also popular amongst large banks with the Ripple network a next group real-time gross settlement system. It gives a trader instant cross-border fund transactions at very low costs.

Lastly, Bitcoin Cash (BCH) was produced by the Bitcoin hard fork in 2017 as a new form of the blockchain with altered rules.

Your other market instruments consist of Commodity markets which offer different asset opportunities for traders. Investing in contract-based tradable goods is a dependable way to alleviate risk during times of inflation or economic uncertainty.

Precious metals are another dependable investment for traders. This consists of the trading in gold and other precious metals which are hard commodities.

A lot riskier is your energy products because this is affected by political and environmental situations. The great supply and demand however make it a popular trading choice.

Your normal currency trading known as Forex trading, also named currency or FX trading, involves the monetary exchange market where individuals, companies, and financial institutions exchange currencies for one another at fluctuating rates.

Lastly, you get your Equity or stock indices which are actual stock market indexes. They measure the value of a specific unit of a stock market.

They can signify a specific set of the largest companies of a nation or they can represent a specific stock market.

*Crypto CFDs are not offered to retail clients in the UK.

Safety and Regulation

The broker offers traders negative balance protection, meaning clients cannot lose more than the amount they deposited. In addition, Markets.com keeps its clients’ funds in segregated bank accounts.

This will determine if Markets.com is safe to trade with.  Markets.com is regulated by ASIC, FCA, BVI FSC, FSCA, CySEC

Customer Support

Prospective traders have to be assured that whoever they choose to invest with will give them the required support and assistance whenever and wherever they might need it.

Markets.com clients can reach their customer services support team via online live chat, telephone, and email plus directly through their website.

Markets.com customer services support team is available 24 hours per day, five days per week. They also offer a FAQ section that attempts to answer the most common questions.

Research

With Markets.com clients have access to 14 different trading tools to generate the bulk of their research. Their News section has current up-to-date global economic content.

They also provide an online discussion about breaking news and its impact on assets.

Furthermore, Markets.com offers its traders broad-based research on current trends in the markets.

Their Knowledge Center consists of XRay, News, Analysis, and Webinars. XRay, which is available from inside the proprietary trading platforms, is this broker’s live-stream, proposing daily analytics and discussion of market-related developments.

Would-be traders must do what is possible into the inquiry around theoretical trading before beginning to do it.

Trading with confidence and success counts heavily on knowledge and understanding of the markets, consequently research options accessible by brokers form an essential part of its features when choosing the right company to trade with.

Education and Training

New clients of Markets.com should try and gain as much information as possible about what type of trading expertise will be needed to be effective in the world of forex and commodity trading.

Markets.com’s education comes via its Knowledge center, where traders can learn. Knowledge can be gained in 5 ways namely news, analysis, XRay, Ebook and Frequently asked questions

The Ebook is a guide built specifically for beginners. It provides charts, tools, and key trends.

Conclusion

Markets.com offers their traders broad-based research on current trends in the markets. Markets.com clients can reach their customer services support team via online live chat, telephone, and email plus directly through their website.

Disclaimer

High-Risk Investment Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Please read the full Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

The value of shares bought through a share dealing account can fall as well as rise, which could mean that you get back less than you originally put in. Please ensure you fully understand the risks involved and manage your exposure. Past performance is no guarantee of future results.

Depending on the country of your citizenship or permanent residence, the company may be required under the applicable local laws, rules, and regulations to offer you certain additional protection mechanisms or impose additional restrictions on your trading.

You must carefully review our Investment Services Agreement for the details of such protections or restrictions that may apply to you.

The company does not establish accounts for residents of certain jurisdictions including Japan, Canada, Belgium, and the USA. For further details please see the Investment Services Agreement.

Safecap Investments Limited is a subsidiary of Playtech PLC, a company traded on the London Stock Exchange’s Main Market and a constituent of the FTSE 250 index,