Markets.com is an increasingly popular and rapidly expanding broker that offers CFD and foreign exchange trading all over the world. It has its base in Cyprus and is licensed there by CySEC and throughout the EU by a variety of respected and trusted authorisation bodies that include the FCA in the UK. It has been able to show its superiority as a trading broker by winning a variety of awards that include London Investor Show Forex “Best Customer Service 2012” and Global Banking and Finance Review “Best Broker in Customer Service Europe 2012”.
Whether you choose to start with a demo account, place a minimum deposit of $100 in a real account, are a novice or an expert, there are no fees or commission charges and you get tight spreads and high speed executions.
Starting your trading journey at markets com…
It is extremely simple to start trading with Markets.com. All you need to do is download the software and register for an account. From the landing page you simply click on the “open a real account” button. Basic details need to be given such as your name, email, password and contact phone number. No phone authorisation is required. You can choose to trade in real terms or use the option of trading via a demo account. This is the best option for the complete novice as you are not risking any of your money but still getting a feel for the market.
Your training can be tailored to your specific level of expertise with 1 on 1 training, video tutorials, webinars, workshops and seminars. On top of that you can practice different strategies and take advantage of educational material and trading tips before investing your own money. You can even download the free Ebook “Forex for Beginners”. You will have 24 hour access to informed experts who can guide you through any problems you encounter.
There are 3 types of account available: Mini, Standard and VIP. To open a Mini account the minimum deposit is $100 and you could receive as much as $250 bonus should you deposit more. A Standard account can earn as much as $2,500 bonus. Deposits of at least $20,000 will get you a VIP account. In addition to a bonus of 10% of your deposit you also receive free news updates and FX signals.
The bonuses that are on offer
Markets.com has a very attractive system of bonuses when you open a real money account. There is no free deposit but you can earn as much as $2,000 depending on your initial deposit. A minimum deposit is required of $100 and bonuses are at the rate of 10% of your deposit, up to the maximum of $2,000. If you wish to withdraw any funds there is the condition that you have a trading volume of $10,000 for every $1 of bonus accepted. Your bonus will be forfeited if you do not meet this condition upon withdrawal of funds.
Tools and platforms of markets.com
Especially when you are a relative beginner it is always an advantage to have online support round the clock. With Markets.com you get that and much more.You even get your own personal account manager who you can contact with any questions. There are educational tools and a demo account, a glossary of useful trading terms, articles that go over the basics and for more advanced traders trading systems are explained and there is a wealth of technical analysis.
There are 3 main trading platforms: Meta Trader, Market Web Trader and Market Mobile Trader. If you use something other than Windows there is also Sirix Web Trader Platform. Whether you are on the move or at home you will find the right platform for you. Traders that use Market Mobile Trader can expect access 24 hours a day to all their open positions, instruments and the services of Markets.com brokers.
Social trading is becoming more and more popular nowadays, allowing investors to follow and emulate the trades of others, as well as learn more about investing in this market. Markets.com can offer this option for learning and other training tools such as an Economic Calendar. You can also activate alerts to keep you abreast of any trading signals.
Customer support is given via a live chat facility and can be done in more than 15 languages. You will receive prompt, friendly and informative assistance around the clock. There is real time market analysis, 24 hour news and commentary with market updates at least 6 times a day.
Overview and conclusion
You can be sure you are working with a bona fide broker when you trade with the help of Markets.com. They are properly regulated so you can be confident your money is safe. They are easily accessible when you need some help or advice and have a number of helpful tools and training material to advance and hone your trading skills.
If you are not satisfied with this brokers read here more information for other of our top ranked forex brokers:
Avatrade Plus500 UFX Markets XM Forex IronFX