Markets.com has become a major player in the world of Forex brokers. Besides a first class website which includes market reports by major finance experts, Markets.com has many features a Forex trader would need.
Markets.com is a fully licensed EU based broker, regulated by CySEC, and authorized to offer services by the ASIC, FCB, Banque De France, BaFIN and other leading EU regulators.
There are 8 trading platforms including the industry’s most popular MetaTrader 4. This potent platform offers traders various unique tools which they can use to execute their trades. The Meta Trader 4 also offers traders the ability to custom tailor their Robots to this platform.
Markets.com offers three types of accounts—mini, standard and VIP. The mini account provides traders with a welcome bonus of up to $250 with an initial deposit of at least $100. With the standard account, traders must deposit a minimum of $2500 and they receive a welcome bonus of up to a maximum of $2000. To open a VIP account, an initial deposit of $20,000 must be made. With this account, traders receive free FX signals as well as free news updates.
I was pleased to see that there is a demo account available for those traders who are just starting out in Forex. They also offer an Islamic Forex accounts for those who follow Sharia laws. This allows them to keep trades open overnight without any interest.
There are no commissions or fees with Markets.com. Fixed spreads start as low as 3 pips and traders can also choose to trade with floating spreads.
Markets.com provides customer service in an astonishing 25 languages and live chat in 15 languages. They take education quite seriously and offers tutorials and webinars as well as 1 on 1 training and workshops. There are market updates six times a day and real time market analysis.
Markets.com is definitely a market leader and has received several awards, including “Best Customer Service 2012” award, and the Global Banking & Finance Review “Best Broker in Customer Service Europe 2012” award, that confirm this status.
|Regulation:||CySEC, FSB and ASIC||Platform:||MetaTrader 4, Sirix, Proprietary platform|
|Maximum Leverage:||1:200||Minimum Deposit||$100|