Markets.com
XM
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Traders looking to venture into CFD trading
Recommended for Forex and CFD traders who prefer MetaTrader platforms and seek great account opening
Cyprus
Cyprus
Fees
High trading fees, average non-trading fees
Average trading and non-trading fees, low CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
11
10
Deposit type
Withdrawal type
Account opening
$100
$5
1 day
1 day
Proof of identity: ID / passport / driver's license / National ID / Government ID containing photo, full name, date of birth, expiration date Proof of residency: bank statement / utility bill / internet bill / landline phone / tv service
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 79.9% 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.
Disclaimer: 74.89% 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.
Research, education
Great
Mid-range
Customer service
Security
€20,000 in Europe, £85,000 in the UK, no protection in South Africa, Australia and other countries
€20,000 for EEA residents, no protection for others
2008
2009
Cyprus, UK, Australia, South Africa, British Virgin Islands
Cyprus, Australia, Belize, United Arab Emirates
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
Markets.com's service is slightly weaker than XM's and a comparison of their fees shows that Markets.com's fees are higher than XM's.
Account opening takes about the same effort at Markets.com compared to XM, deposit and withdrawal processes are about the same quality at Markets.com, while customer service quality is similar to XM's.
Our experts rated the trading platform of Markets.com as being of the same quality as the platform of XM, found that clients have access to about the same number of markets and products with Markets.com, while XM provides just about the same quality of research and education.