Markets.com Review
See what our users say about Markets.com Review
Do you suspect fraud? Markets.com Review
History and Background
Markets.com is operated by Safecap Investments Limited (“Safecap”), a regulated investment services firm authorized by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08 and by the Financial Services Board (“FSB”) in South Africa as a Financial Services Provider under license no. 43906.. The holding company SafeCap Investments was founded in 2006, and assumed its present form and title in 2009, with regulatory approval for forex operations being granted in 2008.
Account Types
Markets.com offers a minimum initial deposit requirement of $100.
Default leverage of 1:50. TCs apply. is available to clients of Markets.com. There are also various additional options for corporate clients. Please note that increasing leverage also increases risk.
|
**Carries Risk of Capital Loss – CFD Service
Trading Software
Clients of Markets.com can now trade on their proprietary Markets.com platform.
|
Deposits and Withdrawals
Markets.com is highly flexible with respect to account deposits. The firm accepts credit or debit card transfers via Visa, MasterCard and Diners’ Club, along with wire transfers for both deposits and withdrawals, and is also open to various local transfer options, upon discussion between the client and the firm.
The broker charges no fees during the deposit/withdrawal process and commits to reimbursing the client for any charges incurred to the financial intermediary (i.e. the bank) in deposits that exceed the $2,500.
The withdrawal process is initiated following the submission of a withdrawal request form by the client. Withdrawals are processed within 3 days for all methods.
|
Customer Support
In line with the general trends in retail forex brokerage, Markets.com offers an excellent support service with employees responding to calls 24 hours a day 5 days a week in multiple languages. With various email addresses to different departments and a live chat makes contacting Markets.com relatively simple in comparison to the market standard.
|
Safety
Markets.com rises above the industry standard in ensuring the safety of client account details. In addition to various advanced physical and technical safeguards, the broker implements rigorous firewalls, and the SSL (secure socket layer) technology to ensure the safety of information transmission.
Markets.com is operated by Safecap Investments Limited (“Safecap”), a regulated investment services firm authorized by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08 and by the Financial Services Board (“FSB”) in South Africa as a Financial Services Provider under license no. 43906. The firm submits regular reports to this institution in order to establish its compliance with various regulatory rules and the state of its finances.
|
Conclusion
On the whole, Markets.com leaves an impression of being a solid, reliable broker with no outstanding features beyond competence in what it does. The website of the broker is also highly informational as well as educational; if you’re interested in the firm, we recommend that you examine it for yourself.
The firm is beginner friendly and offers a low initial deposit at $100 which is very reasonable in comaprison to other brokers of today.
On the safety front, the firm stands out as a broker regulated by two separate and credible EU authorities.
In sum, Markets.com is a good option for any type of trader, whether beginner or seasoned due to its solid concept, excellent customer service, regulation and general image of competence.
