Markets.com is one of the most appreciated and experienced trading companies in the world. It has plenty of features and benefits for its customers. The minimum deposit is only 100 dollars, and you can trade from different platforms. The company is well-known for its highly capable support team. If you are not convinced yet, continue reading our Markets com review, to discover everything this broker has to offer.
What Is Markets.com?
As you will discover on our Markets com review, this company broker has a user-friendly platform, especially for beginner traders. Also, it provides a low initial deposit. This company is owned by SafeCap Investments Ltd. It is based in Cyprus and regulated by CYSEC. Markets.com was launched in 2009, so it has some years of experience on the trading market.
Markets.com Account Types
This broker offers its clients three different account types:
- Classic. For this account type, you will be required to deposit at least 100 dollars. You will have access to the company’s webinars as well to their video tutorials. The daily market analysis will be sent to your e-mail account.
- Standard. The initial deposit requirement for the standard account is 2,500 dollars. Besides all of the benefits of the classic membership, you will also be supported by an account manager. Another additional perk is represented by SMS signals.
- Premium. This account’s initial deposit is 20,000 dollars. Among other perks, you will also receive the guidance of the premium customer support representatives.
Markets.com Demo Account
Markets.com has a demo account version, specially created for those who are just starting their journeys in the trading world. we consider that this aspect is an important one for a Markets com review. This is why we choose to provide you as many information as possible related to this trading tool. The demo account is a great opportunity to practice and learn how the real platform works. Also, there are no risks involved because you will trade virtual currencies instead of real money.
All the data you will receive from the market will be totally real, including charts and reports. If you have a hard time finding out how all the tools work, there is an online support team who will help you with everything you want to know.
The welcome bonus can reach up to 2,000 dollars. You will probably be surprised to find out that the company offers a 25-dollar bonus for everyone who trades with them, even though a deposit is not created. All you have to do to receive those 25 dollars is to register on their platform. Before doing anything, you should first read the broker’s terms and conditions policy. Occasionally, Markets.com provides additional bonuses.
Markets.com Minimum Deposit and Minimum Trade
The company is very flexible when it comes to deposits. Markets.com offers its clients the possibility to pay using a wide range of methods such as credit cards, bank transfers, and more. Besides the minimum deposit, which is 100 dollars for the basic account type, as you could read above in our Markets com review, the company does not charge additional fees or commissions.
The withdrawal process is simple and quick. Before having access to your money, you will be required to submit a withdrawal request. Just go on the platform and click on the Withdrawal tab. If you choose to use credit cards, the entire process happens in an instant. Other methods such as bank transfers might take a couple of days before processing your request. All your funds will be transferred into your bank account.
Markets.com Binary Options Types
This broker uses all the common binary options types, from the classic 60 seconds and One Touch to pairs and long-term options. Even though they are quite different, all binary options refer to the same thing. They are simple ways in which a trader can earn profits by predicting the future of an assets’ value. If his prediction is correct, then his trading becomes profitable. Some traders like the short-term binary options. Other members who are more patient choose the long-term methods.
Our Markets com review also covers the aspect of mobile trading. The company offers a mobile app, which is totally free of charge. The software is available on both Android and iOS mobile devices. So far, this app was downloaded by a large number of people. Besides being on a smaller screen, the mobile platform is the same as the web-based one.
The overall trading process is the same, while there are plenty of assets available. You can access whichever you want and choose your desired binary option type.
For any complaint, you can contact the customer support service, which is one of the most accessible ones in the trading industry. Their help desk is available at over 21 locations around the globe, and the company’s employees will take your calls 24/5.
The software reads your IP, so you will be served by a team member who speaks your local language. There is also a live room chat that you can access on the organization’s website. If you want to contact them in a comfortable way, you should write an e-mail. Also, on their main website, you can find a form. Complete it and send it to them. Markets.com team is highly responsive.
Is Markets.com Legit or Scam?
Markets.com is totally legit. It is regulated by CYSEC and registered with FCA (the Financial Conduct Authority). Not only this, but the company has also received a license from FSB, which is the South African regulator. This is an honest Markets com review. We say things just the way they are, without embellishing any aspects. This company is not a scam. This has been proven by both their certificate and the satisfied clients.
Markets.com Pros and Cons
- It offers the possibility to open a demo account.
- You can choose from a wide range of trading platforms.
- The company provides an excellent customer support.
- This broker has offices in over 21 countries all over the globe.
- It provides a wide range of trading tools.
- The maximum bonus a client can get is 2,000 dollars.
- You can only open one trading account.
- US clients are not allowed.
- Markets.com has high spreads compared to other trading companies.
Successfully Trading with Markets.com
Markets.com has one of the most innovative and sophisticated trading platforms in the industry. It offers both great features and intuitive trading tools. You will be pleased with their customer support service. Their representatives speak a lot of different languages. Also, they can be contacted 24/5. Overall, it is a great trading company for both beginners and experienced traders. If our Markets com review has convinced you, you should go ahead and give this broker a try.