Is Markets.com free as of December 2024?
Disclaimer: 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Markets.com does not provide access to real stock trading on US markets. If you are looking for a zero-commission broker to trade on US stock exchanges, you can check our article detailing the best apps offered in this category of brokers. If you wish to stick with Markets.com though, then you will find the fees they charge below.
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74.2% of retail CFD accounts lose money
74.2% of retail CFD accounts lose money
Overview of Markets.com fees and charges
When it comes to brokerage fees, Markets.com is a mixed bag. To see how they may affect you, first you need to figure out your approach to trading - i.e. whether you are more of a buy-and-hold investor or if you want to trade frequently; or what type of assets and in what volumes you'll want to trade. Alternatively, use our questionnaire to help you tell whether Markets.com fees are beneficial for you. Continue reading about Markets.com fees and charges to see if this is the right broker for you, or if a similar broker like Capital.com or eToro might suit you better.
Here's a high-level overview of Markets.com's fees
Assets | Fee level | Fee terms |
---|---|---|
US stock fee | - | Not available |
EURUSD fee | High | The fees are built into the spread, 1 pip is the average spread cost during peak trading hours. |
US mutual fund fees | - | Not available |
Inactivity fee | Average | $10 per month after 3 months of inactivity |
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74.2% of retail CFD accounts lose money
Markets.com fees explained
Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.
This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:
- Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
- A commission is either fixed or based on the traded volume.
- A spread is the difference between the buy price and the sell price.
- A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
- Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.
We compare Markets.com fees with its closest competitors, Capital.com and eToro.
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74.2% of retail CFD accounts lose money
Markets.com trading fees
Markets.com's trading fees are mixed, which means that some asset classes come with high trading fees - be sure to check these carefully.
Let's break down trading fees according to the different asset classes available at Markets.com.
Trading fees
Markets.com's trading fees are average.
Forex fees
Markets.com's forex fees are average.
EURUSD benchmark fee
|
$22.1 |
$12.1
|
$14.1 |
---|---|---|---|
EURGBP benchmark fee
|
$22.5 |
$16.4
|
$19.3 |
Data updated on December 23, 2024
CFD fees
Markets.com has high CFD trading fees.
Apple CFD
|
$4.5
|
$0.5
|
$3.0
|
---|---|---|---|
Vodafone CFD
|
$6.9
|
$0.1
|
-
|
Germany
|
$4.6
|
- |
$1.8
|
Data updated on December 23, 2024
Currency conversion fee
Markets.com will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.6% mark-up.
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74.2% of retail CFD accounts lose money
Markets.com non-trading fees
When it comes to non-trading fees, Markets.com is a rather cheap broker.
Non-trading fees include various brokerage fees and charges at Markets.com that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.
Withdrawal fee
|
$0
|
$0
|
$5
|
---|---|---|---|
Deposit fee
|
$0
|
$0
|
$0
|
Inactivity fee
|
Yes
|
Yes
|
Yes
|
Account fee
|
No
|
No
|
No
|
Data updated on December 23, 2024
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74.2% of retail CFD accounts lose money
74.2% of retail CFD accounts lose money
Markets.com deposit fee
Usually, brokers don't charge anything for deposits, and Markets.com is no different.
Bank transfer
|
Yes | Yes | Yes |
---|---|---|---|
Credit/debit card
|
Yes | Yes |
Yes
|
Electronic wallets
|
Yes | Yes | Yes |
Deposit fee
|
$0
|
$0
|
$0
|
Data updated on December 23, 2024
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74.2% of retail CFD accounts lose money
Markets.com withdrawal fee
Markets.com generally doesn't charge a withdrawal fee.
Bank transfer
|
Yes | Yes | Yes |
---|---|---|---|
Credit/debit card
|
Yes | Yes |
Yes
|
Electronic wallets
|
Yes | Yes | Yes |
Withdrawal fee for bank transfer
|
$0
|
$0
|
$5
|
Data updated on December 23, 2024
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74.2% of retail CFD accounts lose money
Markets.com inactivity fee
Markets.com does apply an inactivity fee and it is $10 per month after 3 months of inactivity. Keep this in mind to avoid getting charged after a longer idle period. The fact that Markets.com charges an inactivity fee makes it less ideal for you if you are a buy-and-hold investor.
The inactivity fee charged by Markets.com is average.
Inactivity fee
|
Yes
|
Yes
|
Yes
|
---|---|---|---|
Inactivity fee
|
$10 per month after 3 months of inactivity | For clients contracting with Cyprus (CCSV) or Bahamas (SCB): €/£/$ 10 per month or EUR equivalent of any other currency after 1 year of inactivity | $10 per month after one year inactivity. eToro defines inactivity as not logging into your account. |
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74.2% of retail CFD accounts lose money
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.2% 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.
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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.