Markets.com Review and Tutorial 2017

Markets.com Facts & Figures

Official Forex and CFD partner of Arsenal FC, Markets.com offer an unlimited demo account and access to ETFs trading.

Demo AccountYes
Min. Deposit£100
Min. Trade
Regulated ByFSB
MT4 IntegrationYes
CFD
FTSE Spread1.2 pts
GBPUSD Spread2 pts
Oil Spread4 pips
Stocks Spread0.1%
Forex
GBPUSD Spread2 pips
EURUSD Spread2 pips
GBPEUR Spread2 pips
Assets50+
Risk Warning – Your Capital is at risk

Markets.com are a leading broker, offering CFD and Forex trading, via a bespoke trading platform. Operating in 15 languages with clients in over 100 countries. They provide an unparalleled asset list, and are one of the fastest growing brokers online. The brand is a subsidiary of Playtech, a company listed on the London Stock Exchange, forming part of the FTSE 250.

Markets.com is operated by Safecap Investments Limited, a regulated investment services firm authorised by CySEC (under license no. 092/08).

Signing up needs just two pieces on information – an email address and a password. You then get access to the demo account with a £100,000 virtual balance.

Here are some of the key details about the Markets.com brand;

Trading Platform

As a leading CFD broker, Markets.com delivers a trading platform which goes way beyond that of a conventional options website. It represents a “step up” from basic trading platforms, providing leverage and charting options only available at more established CFD brokers.

markets com trading platform

The feature rich platform does provide an additional layer of flexibility. The management of risk is not as straight forward as with something like binary options, but traders get far more choice. They can utilise stop losses, control their level of leverage, and of course close trades at any point they wish. The trading platform presents trades clearly, and traders can see exactly what leverage they are taking on – and configure it appropriately.

Step one for traders to complete is to find their desired asset. There is a simple search function, or traders can select a category of asset (Bonds, Currencies, Stock, Commodities and Indices). These can also be filtered further via sub-choices, such as as ‘major’ or ‘minor’ for currency pairs, or alphabetic grouping for stocks.

Charts At Markets.com

Selecting the asset then brings up the price graph on the right hand side. There is also a star icon that adds that asset to the user’s ‘favourites’. This provides a handy short cut to frequently traded assets. The charting is a real strength at Markets.com – traders can perform a huge range of technical analysis using the advanced charts.

Here is a sample of just some of the charting features;

Some brokers provide the most basic charts, almost assuming their traders will have done their research elsewhere – not so at Markets.com – they provide some of the best charting and research resources we have seen. All these features are present on the demo account, so you can try them out risk free.

Examples Of Manual Technical Chart Drawings;

Markets com charts

Opening Trades

To open a trade and take a position, you select the ‘Buy‘ or ‘Sell‘ buttons above the graph. This will open a new window where the exact figures of the trade can be entered.

This area shows;

The total value of the security is displayed, just above the ‘required margin‘ – this is where traders need to manage their risk and liabilities.

Clicking the ‘Confirm Order’ button will rubber stamp the deal and a popup will appear confirming the order is placed. Once confirmed, the trade will be visible in the ‘Open Positions’ tab. The trade details will also be visible on the chart itself (details of the trade, including the live position, are shown beneath the relevant asset in the asset list) and also in the account overview table, in the bottom left of the trading area.

Edit Or Close A Position

At any point an open position can be edited or closed. The Edit and Close buttons are available alongside the asset in the menu on the left. Clicking either will allow you to amend the stop loss or take profit levels, or close the trade. A live ‘Profit/Loss’ tally informs the trader how that particular trade is performing.

There is also on overall account window. This displays the consolidated position of the account as a whole, including a balance which includes all open trades.

Trader choice

Markets.com offer a very large range of assets. As a Forex and CFD broker, they offer trading on commodities, stocks, forex and indices – but they also offer trading on bonds, which might be useful for some investors. The search facility simplifies finding the required asset. Frequently traded assets can be added to the ‘favourites’ list for easy access in future.

One other note on the trading choice, is that the stock list at Markets.com is dominated by US firms, with not so much attention given to FTSE 100 stocks. This will doubtless change over time as more assets are added regularly.

Mobile App

Markets.com provide a free mobile trading app. Applications have been written for both iOS (version 6.0 or later required) and android (version 4.0 and up). Both are very well established with a large number of downloads. Users have rated them at 4 out of 5 for iOS and 3.8 out of 5 for the android version.

The application reflects the trading platform at the full site. The full range of assets are available via mobile and the trading mechanism is the same. The display is clear but still displays all the relevant detail and the power of the charting tools remain – though a full screen is desirable for that kind of analysis. The asset search facility remains, and the trade confirmation screen is the same – allowing full use of stop losses and take profit options.

markets.com mobile app

Spread

Markets.com offer very competitive spreads and zero commission. Spreads are generally very tight, particularly on the frequently traded assets that attract high volume.  Markets.com margins compare favourably with their CFD and Spread betting rivals.

Spread comparison on popular assets:

Markets.com spreads are better (smaller) than most rivals, though slightly larger than one or two leading brands

Withdrawal and Deposit Options

Markets.com accept deposits via most sources, including; wire bank transfer, credit cards, e-wallets (such as Skrill and Neteller) and debit cards. Making a deposit is a swift process and those deposits are commission free with no fees.

As with the majority of brokers, any withdrawals are made back to the same method as the original deposit. This is a fairly standard anti-money laundering policy. Again, there are no fees for withdrawals and they can be made any time. Traders funds are segregated from the business funds, as per regulation guidelines.

Other Features

Markets.com offer their clients a range of training and benefits:

Official Forex and CFD partner of Arsenal FC, Markets.com offer an unlimited demo account and access to ETFs trading.