Within this review you will read my own standpoint from somebody that has been trading since 2004. With lots brokers to select from, its sometimes hard to make a decision on which firm to trade with. So instead of hearing a review from the company itself, which obviously will probably be bias, my view will be dependent on trading this account day-by-day. So lets give you some background first.
Background
Markets.com is the trading name of Safecap Investments Limited- which is a Forex firm licensed and regulated under CYSEC. Markets.com is also registered with other regulatory firms which include FSA, BaFin, AFM, CNMV and CONSOB. Markets.com was recognized by the Middle-East Forex Expo and named 2010’s Fastest Growing Broker Award. Markets.com growth has been exponential, spreading to over 100 countries and 15 languages, mostly as a result of their efficient and transparent systems (we will get into this later).
Software
Markets.com provides 5 distinct trading platforms:
Meta Trader 4
This is a trade platform which is used by a large percentage of specialized traders. So if you are new to investing or used other platforms before, this is a platform that is user friendly, gives you the opportunity to enter trades with one click, excellent features with regards to the markets, and technical analysis is endless. If you are into or looking to setup an Expert Advisor (EAs) that enables traders and programmers to tailor a solution suited towards your trading parameters.
Market Trader
Market Trader is an in depth FX and CFD platform which is web based. This software provides an easy to operate interface with a very similar one click trading option like MT4.
Market WebTrader
If you regularly travel or use various computers, then this platform is for you. Market WebTrader allows you to synch up to your MT4 account and trade using your specific characteristics within MT4, from wherever you are.
Market Java Trader
You dont want to invest time installing and downloading systems, dont worry, Market Java Trader is focused on web based efficiency and trade from any web browser.
Mobile Applications
Last but not least, Mobile Applications. Always on the move, not having the chance to take a look at your positions from your laptop or computer, can be difficult. Well with this elite platform, you can view your positions using either, Market Mobile Trader, Market iTrader or Market Wap Trader. Demo accounts are offered to test out the platforms.
Accounts and Leverage
The smallest account size to open and trade with a mini account is $100. Typically, dependent on what their present advertising offers are, you will receive a welcome bonus of $50 (please see terms and conditions). In reference to a standard account, you would require to fund at least $2,500 (subject to changes). This account entitles you to view the “News to Mobile” service. Again you will receive a nice welcome bonus. Traders that deposit at least $20,000 will be able to gain access to the VIP benefits of Markets.com, which includes free FX signals via sms. Markets.com provides leverage up to 200:1. Although this is available, please be aware that by increasing the leverage you trade, with a small trading account, it is not recommended to long term trading success. The spread which Markets.com charge is very competitive. The exact pip levels will vary depending on the pairs you decide to trade.
Smart Forex Education Click here to watch the video
Deposit and Withdrawals
Depositing funds in your trading account can be made using a variety of methods, such as Credit/Debit card (Visa, Mastercard or Diners Club), Fast Wire Transfer, Webmoney or Local Payment Methods. Credit card deposit will typically take 24 hours to process. Wire transfers, will take 1-2 business days. Fortunately Markets.com does not charge clients a deposit or withdrawal fee, which is great.SupportMarkets.com provide extensive communication channels via email address, live chat, contact numbers 24 hours per day to discuss any issues that you may have.
Support
Markets.com provide extensive communication channels via email address, live chat, contact numbers 24 hours per day to discuss any issues that you may have.
Summary
Trading utilizing the Markets.com platform is personally one of the leaders in the marketplace with regards to the transparency, user friendly, accessibility. The key for me is finding a platform that looks after the interest of their clients, will separate them from the rest.
If you set up an account using the below link, I will send you a million dollar audio interview, which I conducted with a successful traders coach. The information revealed during this interview will help you in understanding how to overcome losses, self sabotage, dealing with drawdowns building a consistent profitable plan, just to name a few. Plus you will receive my audio interview, one to one 30 min call and 2 part video.
Click on the links within the article to open an account. Then by going to Smart Forex Education you also will receive my audio interview, one to one 30 min call and 2 part video.