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Markets.com review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

About the broker

Markets.com Markets.com may not have the clout and the financial footprint of some of their bigger rivals, but they have a decidedly positive community buzz around them and - given that they are now more than six years old - that is a major asset/accomplishment indeed. There aren't really any scam reviews about the operation out there, and trader complaints are mostly about minute issues as well. The company behind Markets.com is Playtech Plc, a corporate entity well-known to those involved in gaming on any level, one that's listed on the London Stock Exchange. The operation is regulated and licensed by CySEC, as well as South Africa's FSB.

While - as said above - it isn't among the biggest Forex and CFD brokers, Markets.com is among the fastest-growing such operations. It currently offers access to more than 2200 assets and commission-free CFDs. Take a look here for a list of their CFD's. "Zero commission trading" is in fact the motto of the site, and traders will agree that it's a very attractive angle indeed. Markets also offers negative balance protection so you can never lose more than your account balance!

Platforms

Like most of the Forex and CFD operators out there, Markets.com offer a range of platforms to cover every possible trading need.

The MetaTrader 4 platform is a must have for every competent Forex broker out there. The reasons for MT4's popularity are numerous, but the fact that it is the most well-equipped, powerful and user-friendly trading platform hangs the heaviest in the balance. Besides offering access to some of the most advanced technical analysis tools, MT4 is also highly customizable.

The Markets live Web Trader is Markets.com answer to the no-download trading platform need that has swept the industry quite some time ago. Through this platform, Markets.com traders can wade right into the middle of the trading action, on just about every platform/web browser available. Besides superb compatibility, the Web Trader features a number of useful trading tools too. You can customize the technical analysis indicators and you can even draw support and resistance lines, as you can see on the image below.

Markets webtrader

The Markets Mobile Trader covers another essential aspect of modern online trading. Built for mobile compatibility, this platform isn't as rich in technical analysis tools as the above two, but it is a very handy solution for those wanting to keep an eye on their trading while on the go.

Click here to take a closer look to their platforms.

Costs: commissions and spreads

As their motto states, Markets.com do not take any kind of commissions on any of their products. They generate revenue through a fixed spread, which is attached to all their quotes. On currency pairs such as the EUR/USD - possibly the most popular traded pair - the spread starts from as little as 1.7 pips. Spreads-wise, the site isn't really flexible though.

Support

The Markets.com support system is competent and efficient. Available in no fewer than 15 different languages on the website, localized phone-support is featured too for 7 languages. Besides that, traders can contact the support team through email as well as live chat. Support can be reached 24/5.

Conclusion

Owned by a reputable company, Markets.com is a solid trading destination. They have nice promotions, a great selection of tradable assets and several trading platforms which address every need.

Is Markets.com a scam?

We have found absolutely no evidence pointing to such a conclusion out there. Unlike some of their peers/competitors, Markets.com have a healthy community buzz about them, although some withdrawal issues have apparently been experienced by those who accepted bonuses in the past. Click here to visit the Markets.com website.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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