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Written by: Réka H. Updated: Dec 2022
Expert verified
Recommended for
  • forex trading 3.9/5
Trusted broker
Regulated by top-tier financial authorities
Popularity
307 people chose this broker in the last 6 months
BrokerChooser Score
3.8/5

Markets.com review summary

Markets. Markets.com's deposit and withdrawal services are fast and free, and you can use multiple options including credit/debit cards and electronic wallets. Account opening is also fast and user-friendly. Markets.com offers high-quality research tools such as trading ideas and a good interactive chart. On the negative side, Markets.com has high forex fees, and its product selection is limited to CFDs and forex. The web and mobile trading platforms, while generally user-friendly, lack some useful features like two-step authentication. BrokerChooser gave Markets.com a 3.8/5 rating based on analyzing 500+ criteria and testing via opening a live account.

Markets.com is a regulated broker, it is overseen by top-tier financial regulators in multiple countries . Markets.com is also covered by investor protection in selected jurisdictions. We at BrokerChooser always test brokers with real money, including the withdrawal process.

You can't open an account at Markets.com if you live in United States. See the best alternative available in your country.

Markets.com pros and cons

Pros Cons
Free and fast deposit and withdrawal High forex fees
Easy and fast account opening Limited product portfolio
Great tools for learning and research Platforms lack some common features

Markets.com main highlights

🗺️ Country of regulation Cyprus, UK, Australia, South Africa, British Virgin Islands
💰 Trading fees class High
💰 Inactivity fee charged Yes
💰 Withdrawal fee amount $0
💰 Minimum deposit $100
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Available
💱 Number of base currencies supported 11
🎮 Demo account provided Yes
🛍️ Products offered CFD (forex, stock, ETF, index, bond, commodity, crypto), Blends (CFD funds)
To read much more details about the broker's services and features, expand on the sections below.

Markets.com review
Fees

2.0
Markets.com charges no account, deposit or withdrawal fees. However, the positives end there as it has high forex fees, rather average CFD fees, and also charges an inactivity fee.
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Markets.com review
Account opening

5.0
Account opening at Markets.com is seamless, fast and fully digital. You can open your trading account within a day.
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Markets.com review
Deposit and withdrawal

5.0
Markets.com provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
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Markets.com review
Web trading platform

3.8
Markets.com's web trading platform is easy to use, offering great search functions and price alerts. Still, it lacks some important features such as two-step login or a fee report.
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Markets.com review
Mobile trading platform

4.3
Markets.com has a user-friendly and well-designed mobile app with a great search function and price alerts. However, there is no two-step authentication or Touch/Face ID login.
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Markets.com review
Desktop trading platform

3.4
Markets.com's desktop trading platform is provided by MetaTrader. It is well customizable and you can set price alerts, but it lacks two-step login and the design is outdated.
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Markets.com review
Markets and products

2.1
Markets.com's product portfolio covers CFDs. However, some other popular asset classes such as stocks, ETFs, options or futures are not available.
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Markets.com review
Research

4.5
Markets.com has great research tools, including charting, recommendations and a high-quality news flow. You can also get some limited fundamental data on assets.
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Markets.com review
Customer service

5.0
Markets.com's customer service is good: you can reach it via several channels and get quick and useful responses. However, it is not available on weekends.
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Markets.com review
Education

5.0
Markets.com has good education materials, including a demo account, regular webinars, and tutorial videos on its YouTube platform.
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Markets.com review
Safety

Markets.com is regulated by many authorities globally, including the top-tier FCA. It offers negative balance protection and has a solid background, but it has no banking license.
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Markets.com review
Bottom line

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Markets.com review
FAQ

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Author of this review

Réka Hidas

Author of this review

Réka attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Réka Hidas

Junior Broker Analyst

Réka attended the International Business and Economics bachelor program at Corvinus University in Budapest. She's eager to help investors find the best investment providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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79.9% of retail CFD accounts lose money

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