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Is Markets.com free?

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
Apr 2024
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Is Markets.com free as of April 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

BrokerChooser score
3.9 3.9 /5
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74.2% of retail CFD accounts lose money

Overview of Markets.com fees and charges

Markets.com's fees are considered high. This is because of high fees across multiple fee types. It's important to be aware of this and to decide whether other advantages of Markets.com can still make it a good choice for you. Such features may include its research tools, education section or the general user experience you get on its trading platforms.

Here's a high-level overview of Markets.com's fees

Markets.com Fees snapshot
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

We consider Markets.com's trading fees high, as they exceed those of most competitors.

Let's break down trading fees according to the different asset classes available at Markets.com.

Trading fees

Markets.com's trading fees are high.

Forex fees

Markets.com's forex fees are high.

Forex fees of a $20,000 30:1 position (open, 1-week-hold and close)
EURUSD benchmark fee
$22.0 $12.3
$11.4
EURGBP benchmark fee
$22.3 $15.1
$15.2

Data updated on April 18, 2024

CFD fees

Markets.com has average CFD trading fees.

CFD fees and commissions on a $2,000 trade
Apple CFD
$5.7
$0.6
$2.0
Vodafone CFD
$6.9
$0.1
-
Germany
$4.6
- $1.8

Data updated on April 18, 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.

A high-level overview of how Markets.com stacks up in terms of non-trading fees
Withdrawal fee
$0
$0
$5
Deposit fee
$0
$0
$0
Inactivity fee
Yes
Yes
Yes
Account fee
No
No
No

Data updated on April 18, 2024

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74.2% of retail CFD accounts lose money

BrokerChooser score
3.9 3.9 /5
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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.

Markets.com deposit methods
Bank transfer
Yes Yes Yes
Credit/debit card
Yes Yes Yes
Electronic wallets
Yes Yes Yes
Deposit fee
$0
$0
$0

Data updated on April 18, 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.

Markets.com withdrawal fees and options compared
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 April 18, 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

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Author of this article

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.

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