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4.58
/ 5
Accepts Indian Clients. Average spread EUR/USD 0.70 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. MarketsX is regulated by CySEC, ASIC, and the FSCA.
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.
Markets.com is a trademark owned by Finalto (Australia) Pty Ltd, a subsidiary of Playtech Ltd – a company traded on the London Stock Exchange and a constituent of the FTSE 250 Index. Markets.com offers traders fast, low-cost trading on over 2,200 financial instruments, much more than is usually offered at other brokers. Tradeable instruments include stocks, Forex, commodities, indices, cryptocurrencies, ETFs, and bonds.
Full support is offered for MT4, MT5, and Markets.com’s award-winning proprietary platform, Marketsx. An advanced multi-asset trading platform, Marketsx is packed full of features, including over 14 fundamental, technical and sentiment-based trading tools and expert analysis, in addition to in-depth charting and comparison tools.
Markets.com offers low trading costs compared to other similar brokers, with spreads starting at 0.8 pips on the EUR/USD, with no commissions and reasonable minimum deposit requirements. In addition, Markets.com provides a high level of customer service compared to other brokers, and all traders are assigned a dedicated Account Manager to assist with any queries regarding their account or using the platform.
| 🏦 Min. Deposit | USD 100 |
| 🛡️ Regulated By | FCA, CySEC, ASIC, B.V.I FSC |
| 💵 Trading Cost | USD 7 |
| ⚖️ Max. Leverage | 30:1 |
| 💹 Copy Trading | Yes |
| 🖥️ Platforms | MT4, MT5 |
| 💱 Instruments | Blends, Bonds, Commodities, Cryptocurrencies, Stock CFDs, ETFs, Forex, Futures, Indices |
A well-regulated market maker, Markets.com is considered a safe broker to trade with.
Founded in 2010, the Markets.com brand is operated by several regulated entities which are part of the Finalto Group. The brand is operated by its various companies which are regulated in different jurisdictions, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Europe, the Australian Securities and Investments Commission (ASIC) in Australia, and the BVI Financial Services Commission (FSC) for global clients. See below for more details:
Safecap Investments Limited operates Markets.com in Cyprus, while TradeTech Markets Limited operates the other entities. Safecap Investments Limited is a part of the Playtech plc Group, which is traded on the London Stock Exchange and constituent of the FTSE 250 index. This adds to the company’s credibility, as companies listed on major exchanges need to be transparent.
Indian clients will be trading under the subsidiary, Finalto (BVI) Ltd, regulated by the BVI FSC. Unlike regulators in the EU and UK, the BVI FSC does not require Forex brokers to keep a minimum level of capital, segregate client funds, participate in a compensation scheme, or provide customers with information concerning an execution policy. But all Indian client funds are held in segregated accounts at top-tier banks, and all traders receive automatic negative balance protection. Additionally, to protect its clients against insolvency, Markets.com has taken out a $1,000,000 insurance policy covering clients in all regulated territories.
High security and privacy standards are top priorities at Markets.com, and the platform uses encryption, strong firewalls, and Secure Sockets Layer (SSL) software to protect information during transmission, and its trading servers are located in SAS 70 certified data centres.
The longer the track record a broker has, the more proof we have that it has successfully survived previous financial crises, and Markets.com has been in operation for more than a decade. It also has a large international customer base and boasts protection from many top-tier regulators, making it a safe and reliable choice of broker for Indian traders.
Markets.com’s trading fees are lower than other brokers.
Unlike other similar brokers that offer a range of account types with tighter spreads linked to higher minimum deposits, Markets.com offers one live commission-free account, which is available on three different platforms and has slightly different trading conditions. For more details on Markets.com’s account, click here.
The Markets.com account was assessed to compare the costs to those of other brokers. The costs were evaluated based on the trading fees on one lot (100 000 USD) on the EUR/USD, including the spread and commission:
Trading Cost Formula: Spread x Trade Size + Commission = Total Cost in Secondary Currency (USD)
As you can see from the table, the trading costs are built into the spread, which is variable and gets wider or tighter depending on trade volume and market volatility.
The average cost of trading one lot of EUR/USD is 8 USD on the Marketsx platform and 6 USD on the MT4 and MT5 platforms, which is lower than other similar market maker brokers. The minimum deposit is also reasonable, at 100 USD/EUR/GBP, putting it well within reach of most traders.
If you hold a position overnight with Markets.com, a swap fee will also be charged, which is the interest paid on a leveraged position. A leveraged position is the money borrowed from the broker to trade. Interest is paid (or received) when a position is held overnight. The method of calculating the rollover charge may vary according to the type of instrument to which it applies. Additionally, the amount of the charge will vary as it is linked to current interbank interest rates. This charge will appear on your account at the end of the trading day and may be without notice.
Overall, although there is limited account choice, Markets.com’s trading costs are highly competitive, and its minimum deposit requirements are reasonable.
Markets.com’s non-trading fees are low compared to other market makers. It charges no account, deposit, or withdrawal fees, but charges a relatively high inactivity fee.
Markets.com does not charge any deposit or withdrawal fees, but it charges an activity fee of 10 USD per month after three months of account dormancy. While these fees are relatively common in the industry, 10 USD per month is slightly higher than average.
The minimum deposit requirement at Markets.com is 100 USD/EUR/GBP, which is average compared to other market makers.
The account-opening process at Markets.com is easy, hassle-free, and fully digital.
All Indian traders can open an account at markets.com but will need to meet the minimum deposit amount of 100 USD/EUR/GBP to do so.
Creating an account is straightforward, the process is fully digital, and accounts are usually ready within one day.
How to open an account at Markets.com:
Once all the documents have been received, the account will be ready for trading within one day.
Overall, Markets.com’s account opening process is fast, hassle-free, and fully digital compared to other similar brokers.
Markets.com offers one account type that is suited both to beginners and more experienced traders.
Although Markets.com does not offer a choice of account types, trading conditions differ slightly depending on which platform is chosen. With a single registration, traders will have the option of opening a real and a demo account. After traders have opened an account, a choice between the Marketsx, Marketsi, MT4, and MT5 platforms will become available. The Marketsx platform is a multi-asset platform for trading on the financial markets, while the Marketsi platform is an investment platform. We will be focusing on CFD trading through the Marketsx, MT4, and MT5 platforms.
Markets.com’s account is suited to both beginners and more experienced traders. We define beginner traders as inexperienced traders who have never traded before or have been trading for less than a year. Beginners often do not want to risk trading large sums of money, and will generally not be able to trade full-time during the workweek. Markets.com’s account has a reasonable minimum deposit requirement of 100 USD, putting it within reach of beginner traders, and offers trading on its proprietary platform, which is easier to use than third-party platforms such as MT4 and MT5.
While experienced traders often prefer higher minimum deposits and tighter spreads, in exchange for a commission per lot, Markets.com offers a low-cost trading environment and a wide choice of tradable assets (click here for more on Markets.com’s available assets), making it appealing to more experienced traders. Additionally, Markets.com offers leverage of 300:1 to Indian traders, which is available to global clients regulated by the BVI FSC. Traders who are regulated by the FCA and ASIC can only access this leverage if they become professional traders.
Markets.com allows hedging, scalping, and copy trading, but only through its affiliates. It also offers Swap-Free accounts that operate in line with Sharia law. See below for more details on Markets.com’s account:
The minimum deposit requirement on this account is 100 USD/EUR/GBP. Spreads start at 0.70 pips on the EUR/USD on the MT4 and MT5 platforms and at 0.8 pips on the Marketsx platform. No commissions are charged. Traders should be aware that the assets available through the MT4 and MT5 platforms are limited compared to what’s available on the Marketsx platform. Additionally, leverage is limited to 200:1 for Forex pairs on MT4 and MT5, but traders can access leverage of up to 30:1 on the Marketsx platform.
Traders can also open a Demo Account, which allows them to learn the platform’s functionality and understand how the markets work. Demo accounts come loaded with 10,000 USD in virtual funds. The demo account lasts for 30 days but can be extended upon request. It is also fully mobile compatible, so you can learn how to trade across all your devices.
Overall, although Markets.com only offers a single live account, its trading costs, low deposit requirements, high leverage, and wide range of assets make it appealing to both beginners and experienced traders alike.
Markets.com charges low deposit and withdrawal fees compared to other brokers, and offers a wide variety of deposit and withdrawal methods.
A well-regulated broker, Markets.com ensures that all Anti-Money Laundering rules and regulations are followed. As such, all non-profit funds are returned to the original deposit source. No matter your deposit method, the withdrawal of all profits must be made by bank transfer to a bank account in your name.
Deposits and withdrawals can be made securely at Markets.com using major debit and credit cards, bank wire transfer, and leading payment services such as Neteller, Skrill, and PayPal. Markets.com does not charge deposit or withdrawal fees.
The minimum withdrawal amounts are as follows, which depend upon the payment method used:
How Fast are Deposits Processed?
Overall, Markets.com provides various payment methods, and its processing times are quicker than other similar brokers. Traders will also be pleased that no commissions are charged on deposits or withdrawals.
Markets.com offers a wide number of base currencies compared to its competitors, but it does not offer INR accounts.
At Markets.com, you can choose from 9 base currencies: USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, and AUD. However, Markets.com does not offer accounts denominated in INR.
Markets.com charges a Conversion Fee on some trades. This is a small charge (0.3%) deducted for the currency conversion when the trading account currency and the quoted currency of the underlying asset are different. This is a disadvantage for Indians who will likely have bank accounts denominated in INR.
A convenient way to save on conversion fees is by opening a multi-currency bank account at a digital bank. Digital banks offer great exchange rates in addition to free or cheap international bank transfers.
Markets.com offers support for MT4, MT5, Marketsx, and the Marketsi platforms, which is a wider range than is available at most other brokers.
Having established itself as the industry-leading platform, Metatrader 4 (MT4) is considered the most reliable and popular platform in existence. Its intuitive interface and user-friendly environment provide essential tools and resources for successful online trading. However, Markets.com only offers support for the most basic version of MT4, which means that it lacks essential trading features. There are thousands of add-ons available for free, but traders may have to pay extra to take advantage of the platform’s full functionality.
Features of the MT4 include a built-in library of more than 50 indicators and tools to streamline the analysis process and an impressive array of analytical tools available in nine timeframes for each financial instrument. It also offers Expert Advisors, automated trading support, strategy backtesting, customisable charting, indicators, and copy trading functionality.
The MT5 trading platform is being adopted by more Forex brokers all the time. It has a more modern interface, allows for an unlimited number of charts to be used, shows Depth of Market, and has a built-in Economic Calendar. It also has a larger number of pending order types than MT4 and features an embedded chat system. In addition, the MQL5 scripting language is more efficient than its precursor, and MT5 has more advanced charting tools than MT4.
Markets.com’s proprietary platform, Marketsx, is available online and via the dedicated mobile trading app for iOS and Android.
The platform is available in many languages, including English, German, Dutch, French, Spanish, Italian, Danish, Portuguese, and Arabic.
Marketsx is an award-winning platform known for its ease of use and excellent features. It has an intuitive user interface and a clean design. It also offers advanced charting, making it easier to spot trends and identify new trading opportunities, and comprehensive drawing tools to plot trendlines, channels, pitchforks, Fibonacci Retracements, and much more. The platform also allows you to add up to five types of indicators to the chart at once, overlay multiple assets, or compare up to eight instruments side-by-side.
Additionally, the Marketsx platform makes it easy for traders to place orders, including out-of-hours orders where applicable, and use risk management options such as stop loss and limit orders from both the app and the web-based platforms.
The search function on the Marketsx platform is excellent. Traders can search for specific instruments or use the filters to navigate asset classes and subcategories to find new trades. In addition, Marketsx highlights the hottest instruments and the biggest movers with the Featured tab, and traders keep track of their favourites with various Watchlists.
The Marketsx platform features items listed under Trading Tools, which consist of Bloggers Opinions, Hedge Funds Investment Confidence, Insider Trades, Trading Analyst Recommendations, Trends In Trading, Acuity News Alerts, Acuity News Trading Sentiment, Signals, Related Instruments, Advanced Charting, Financial Commentary, Advanced Alerts, Thomson Reuters Stock Report, and Dow Jones News (click here for more information on trading tools).
Marketsx was awarded “Best Trading Platform” by FXScouts in 2020.
The Marketsi platform allows traders to invest for the long-term, medium-term, or short-term. Traders can use a traditional approach to investing or get more creative with its innovative Investment Strategy Builder tool. The tools allow traders to select a bespoke strategy based on risk appetite and investment goals. Traders are also provided expert analysis and a personalised VIP service to help them make the most of the markets without the need for intermediaries.
Overall, Markes.com’s trading platform support is one of the best in the industry. Its proprietary Marketsx platform is simpler and easier to learn for beginners and is packed full of useful features.
Markets.com’s mobile trading platforms are user-friendly and well-designed compared to other market makers.
Markets.com offers support for the MT4 and MT5 mobile trading apps for Android and IOS. The advantage of using the MetaTrader platform is the cross-device and multi-broker functionality, making it easier to change brokers or use multiple brokers. It has also developed its own bespoke Marketsx mobile app.
The Markets.com MT4 and MT5 apps allow traders to work from anywhere, with nine timeframes, 30 indicators, and interactive currency charts. Functionality to close and modify existing orders, calculate profit/loss in real-time, and tick chart trading further empowers traders while on the move.
The features of the mobile version of the Marketsx platform is similar to that offered on web trader. It provides good search functionality and traders can place the same order types as are available on the web trader version.
Overall, Markets.com provides an excellent mobile trading experience compared to other similar brokers.
While Markets.com offers a wide variety of trading tools through its proprietary platform, it lacks support for third-party tools such as Autochartist and Trading Central which are frequently available at other brokers.
Its powerful suite of decision-supporting tools is one of the main strengths of the Marketsx online trading platform. The trading tools menu features several tools that crunch big data from leading analysts, hedge funds, and commentators to give you better insight into the market. Each tool has integrated buy and sell buttons, so you can quickly act upon the information presented.
Tools include:
Overall, Markets.com’s tools are comprehensive, but it lacks support for third-party tools.
With over 2,200 financial instruments available for trading, Markets.com offers an impressive range of CFD products compared to its competitors.
Overall, Markets.com’s range and depth of trading instruments are more comprehensive than many other brokers, and it excels in its cryptocurrency and commodities offerings.
Markets.com offers excellent research tools compared to other brokers, including advance charting, an economic calendar, exclusive analysis and commentary, and an updated news section.
Top financial analysts and industry leaders deliver exclusive analysis and commentary on XRay – the platform’s integrated video streaming service. Traders can access the latest news and views on the major markets and biggest economic developments, technical analysis, company earnings, and more. Marketsx account holders often get exclusive access to the latest training and strategies from top educational providers. See below for more details:
Overall, Markets.com has an excellent analysis section, written or curated by Forex experts, and full of detailed and interesting leads for new trading opportunities. While similarly high-quality market analysis can be found at other brokers, it is rarely in combination with the low trading costs found at markets.com.
Traders looking to acquire an in-house education may be somewhat disappointed by the educational offering at Markets.com, which is a little thin compared to other similar brokers.
The in-platform Knowledge Centre is packed full of content to help traders get the most out of the platform and find more trading opportunities and offers a range of downloadable in-depth guides on top markets. However, the educational materials are not very well-structured.
Markets.com also offers free webinars run by some of the top minds in the world of financial markets. Its expert presenters are on hand to answer questions and guide traders through a range of topics, from using its platforms to understanding the ins and outs of the markets.
Overall, Markets.com could improve its educational materials by adding sections for beginners and more advanced traders, and creating a more structured educational environment.
Markets.com’s customer support is available 24/5, which is the industry average, but the quality of support far surpasses that of other brokers.
Markets.com aims to deliver a premium trading experience, and VIP support is a large part of its offering.
Technical support and customer service are available 24/5 (Monday 03:00 – Saturday 02:55) in various languages, over the phone, or in-platform with the Live Chat feature. Traders can also get help via email.
We found the customer service via live chat responsive, polite, and knowledgeable – they were able to answer all our questions.
We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the Markets.com offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.
Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. Markets.com would like you to know that: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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.
Markets.com is a well-regulated broker offering trading on an extensive range of assets not often seen at other brokers. It also boasts excellent trading conditions and traders are not limited by platform choice, nor the range of trading tools offered at Markets.com. Additionally, Markets.com excels in its customer support, and all traders have access to a personal account manager, a rare offering in the industry. Overall, Markets.com is a good choice of broker for Indian traders of all experience levels.
Find out how markets.com stacks up against other brokers.
Accepts Indian Clients. Average spread EUR/USD 0.70 pips on trading account with lowest minimum deposit. Max leverage 30:1. Islamic account available. MT4 & MT5 platforms supported. MarketsX is regulated by CySEC, ASIC, and the FSCA.
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