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Markets.com Review 2024

Written by
Krisztián G.
Fact checked by
Adam N.
Updated
5d ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Desktop platform
Product selection
Regulated and trusted. Tested via live trading.
1,011 people chose this broker
Not available in United States; see best alternatives

Why choose Markets.com

Markets.com is a global CFD and forex broker regulated by the UK's FCA, Australia's ASIC, CySEC in Cyprus, and South Africa's FSCA, among others.

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.

  • Free and fast deposit and withdrawal
  • Easy and fast account opening
  • Great tools for learning and research

Explore the key metrics of Markets.com

Overall score
3.9/5
Minimum deposit
$100
FX fee
High
Index CFD fee
Average
Withdrawal fee
$0
Account opening
1 day
Visit Markets.com

74.2% of retail CFD accounts lose money

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to Markets.com

EURUSD spread
Usual spread in pips

Fees

Score: 2.3/5
Markets.com charges no account, deposit or withdrawal fees. However, the positives end there as it has high forex fees and rather average CFD fees, while also charging an inactivity fee.
  • No withdrawal fee

We compared Markets.com's fees with two similar brokers we selected, Capital.com and eToro. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Markets.com alternatives.

High FX fees

All fees are built into the spread, so there is no separate commission charged. For example, the EUR/USD spread is 1.0.

Broker
EURUSD spread
FX commission per lot
Markets.com
1.0
No commission is charged
Capital.com
0.6
No commission is charged
eToro
1.0
No commission is charged
Markets.com forex spreads and commissions

Average index CFD fees

All index CFD fees are built into the spread. The spread for S&P 500 index CFDs is 1.0.

Broker
S&P 500 CFD spread
Markets.com
1.0
Capital.com
0.8
eToro
0.8
Markets.com index CFD spreads and commissions

Average stock CFD fees

All stock CFD fees are built into the spread. The spread for Apple stock CFDs is 1.1.

Broker
Apple CFD
Markets.com
$5.7
Capital.com
$0.6
eToro
$2.0
Markets.com stock CFD spreads and commissions

Average inactivity fee, no withdrawal fee

There are no account, deposit or withdrawal fees.
On the other hand, Markets.com charges an inactivity fee of $10 per month already after 3 months of inactivity.

Broker
Inactivity fee
Withdrawal fee
Markets.com
$0
Capital.com
$0
eToro
$5
Markets.com inactivity, withdrawal and other fees

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.
  • Negative balance protection
  • Regulated by the top-tier FCA
Read more

Deposit and withdrawal

Score: 5/5
Markets.com provides multiple deposit and withdrawal options free of charge on a user-friendly interface.
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
Read more

Account opening

Score: 5/5
Account opening at Markets.com is seamless, fast and fully digital. You can open your trading account within a day.
  • Fast
  • Fully digital
  • Low minimum deposit
Read more

Mobile app

Score: 4.3/5
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.
  • User-friendly
  • Good search function
  • Price alerts
Read more

Desktop platform

Score: 3.4/5
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.
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
Read more

Product selection

Score: 2.3/5
Markets.com's product portfolio covers CFDs and forex. However, some other popular asset classes such as stocks, ETFs, options or futures are not available.
Read more
“I recommend Markets.com for traders looking to venture into CFD trading.”

FAQ

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Author of this review

Krisztián Gátonyi

Forex • Market Analysis • Stock Market

I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.

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.

Visit Markets.com 74.2% of retail CFD accounts lose money

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