ProfitiX vs Markets.com

ProfitiX or Markets.com – which is better for UK traders 2024? Compare ProfitiX and Markets.com in this detailed breakdown of their platforms, features and fees.

ProfitiX vs Markets.com Comparison Table 2024
ProfitiX Markets.com
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4.4
ProfitiX is ranked #97 among CFD brokers. Markets.com is ranked #29 among CFD brokers.
Review
Review
ProfitiX offers an interactive desktop and mobile trading experience via MT5. Markets.com is a respected broker, offering multi-asset trading opportunities through CFDs or spread betting (UK only). Established in 2008, the brand has an impressive 4.3 million registered customers and is overseen by trusted regulators, including the FCA, ASIC and CySEC. 79.1% of retail accounts lose money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% 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. Note: trading Cryptocurrency CFDs and Spread Bets is restricted in the UK for all retail clients.
Pros
  • Markets.com continues to offer a strong proprietary platform with a TradingView-powered charting interface, pro-level technical analysis and custom alerts
  • Traders can access the MT4 and MT5 software, which offer dozens of technical tools and a huge online community for scripts, bots and custom tools
  • CFD and spread-betting opportunities are available on multiple asset classes including forex, stocks, ETFs, bonds and indices
  • Comprehensive educational content is on offer, especially for beginners, including podcasts, webinars and financial market videos
  • The $10 inactivity fee is only charged after 12 months of no trading activity (many competitors start charging after only 3 months)
  • Markets.com is a trusted broker with oversight from tier-one regulators including the FCA, CySEC and ASIC
  • There are no deposit/withdrawal charges, account registration or order admin costs
  • There's good customer support with responses in <1 minute during testing
  • The low minimum deposit of $100 should appeal to beginners
Cons
  • The single retail account option doesn't offer traders any choice of trading conditions, or any additional perks for active trading
  • There are no auto or copy trading terminals outside of the MetaTrader platforms, such as DupliTrade
  • Unlike some top competitors like XM, customer support is not available on the weekend
Awards
  • Best Trading Platform 2020 - FXScouts
  • Runner Up - Best FX Broker 2019 - DayTrading.com
  • Best Forex Provider 2017 - UK Forex Awards
  • Best FX Platform 2017 - UK Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Forex, Stocks, Commodities, Indices, Crypto, ETFs, Bonds, Spread Betting (UK Only)
Demo Account
No Yes
Minimum Deposit
$250 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, ASIC, FSCA, FSC
Mobile Apps
Yes iOS, Android
Trading App

Markets.com operate MarketsX – the bespoke platform, both on WebTrader and mobile applications. The app, available on android and iOS has been downloaded over a million times.
iOS App Rating
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3.2
Android App Rating
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4.5
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes (MT5) Trading Insights
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • SEK
  • NOK
  • DKK
  • PLN
  • CZK
  • AED
Commodities
  • Gold
  • Silver
  • Gold
  • Oil
  • Silver
  • Natural Gas
  • Copper
  • Corn
  • Soybeans
  • Cotton
  • Palladium
  • Wheat
CFD
ProfitiX offers CFDs in a range of financial markets with a choice of five account tiers. Markets.com offers a strong variety of CFD products, not only covering popular asset classes but also more interesting markets such as IPOs and Bonds. The low fees and educational resources will appeal to beginners, whilst seasoned CFD traders will appreciate the feature-rich charting platforms.
Leverage
1:400 1:30
FTSE Spread
Variable & Fixed 2 pips
GBPUSD Spread<
Variable & Fixed 1.3 pips (var)
Oil Spread
Variable & Fixed 0.05
Stocks Spread
Variable & Fixed 4 pips
Forex
Trade a list of currencies with floating and fixed spreads depending on the account. Markets.com offers 43 major, minor and exotic currency pairs. The range is around the industry average, though spreads are fairly competitive, starting from 0.6 pips for EUR/USD. There’s also an excellent range of tools and education, including forex calculators and trading videos.
Assets
100+ 67
GBPUSD Spread
Variable & Fixed 1.3 pips (var)
EURUSD Spread
Variable & Fixed 0.70 pips (var)
EURGBP Spread
Variable & Fixed 1.0 pip (var)
Cryptocurrency
Trade top cryptos, including Bitcoin Gold against the USD and EUR. You can open long or short positions 24/7 on 25+ popular digital currencies including Ripple, Bitcoin, Neo and Monera. Spreads on Bitcoin are around 51.13 which is uncompetitive compared to other brands, although the 1:20 leverage will offer greater exposure to the market.
Spread
Variable & Fixed BTC 88.94 (USD), ETH 5 (USD)
Coins
  • BTC
  • ETH
  • LTC
  • BTG
  • BTC
  • BCH
  • DASH
  • ETH
  • LTC
  • XRP
  • TRON
  • BAT
  • NEO
  • ADA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
ProfitiX Markets.com
Review
Review
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.1% 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. Note: trading Cryptocurrency CFDs and Spread Bets is restricted in the UK for all retail clients.
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