markets.com is a global online trading platform offering contracts for difference (CFDs) on a wide range of assets, including forex, commodities, indices, shares, cryptocurrencies, and more. Founded in 2006, markets.com is part of the Playtech Group, a leading gambling and financial technology company.
Mission and Vision
markets.com’s mission is to make trading accessible to everyone, regardless of experience or investment level. They achieve this by providing a user-friendly platform, educational resources, and competitive trading conditions. Their vision is to be the world’s leading online trading platform, trusted by traders of all levels.
Products and Services
markets.com offers a wide range of products and services, including:
- CFD trading: CFDs are financial instruments that allow you to trade on the price movement of an asset without actually owning it. This means you can go long (buy) or short (sell) an asset, depending on your view of its future price movement.
- Forex trading: Forex trading is the trading of currencies. markets.com offers a wide range of forex pairs to trade, including EUR/USD, GBP/USD, and USD/JPY.
- Commodities trading: Commodities trading is the trading of physical goods such as oil, gold, and silver. markets.com offers a range of commodities to trade, including gold, oil, and natural gas.
- Indices trading: Indices trading is the trading of stock market indices such as the FTSE 100, the S&P 500, and the Dow Jones Industrial Average. markets.com offers a range of indices to trade.
- Shares trading: Shares trading is the buying and selling of individual shares of companies. markets.com offers a range of shares to trade, including Apple, Amazon, and Tesla.
- Cryptocurrency trading: Cryptocurrency trading is the buying and selling of cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. markets.com offers a range of cryptocurrencies to trade.
Platform and Technology
markets.com’s trading platform is available on web, desktop, and mobile. The platform is user-friendly and easy to navigate, even for beginners. It offers a wide range of features, including:
- Advanced charting tools
- Technical indicators
- Risk management tools
- Educational resources
- Customer support
Regulation and Licensing
markets.com is regulated by a number of different regulators around the world, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC).
Fees and Commissions
markets.com charges spreads on all trades. Spreads are the difference between the buy and sell price of an asset. markets.com also charges overnight financing fees on positions held overnight.
markets.com offers customer support 24/5 in a number of different languages. Customer support can be contacted by phone, email, or live chat.
- Regulated: Licensed by reputable authorities like FCA, CySEC, and ASIC, offering some security and peace of mind.
- User-friendly platform: Web, desktop, and mobile platforms are generally considered user-friendly and easily navigable.
- Wide range of assets: Offers CFDs on various assets, catering to diversified trading preferences.
- Educational resources: Provides educational materials and tools to help beginners learn and improve their trading skills.
- 24/5 customer support: Multilingual support available via phone, email, and live chat.
- High fees: Spreads and commissions can be higher than some competitors, especially for forex trading.
- No account management: Doesn’t offer personalized investment advice or managed account options.
- Limited product selection: Only offers CFDs, no direct asset ownership or other investment products.
- Mixed customer reviews: While some praise the platform, others report negative experiences with fees, withdrawals, and customer service.
- Potential risks: CFD trading is complex and carries inherent risks of significant losses. Leverage can amplify both profits and losses.
Key considerations before using Markets.com:
- Trading experience: The platform caters more to experienced traders due to its complex nature and lack of account management. Beginners should approach with caution and prioritize education.
- Risk tolerance: CFDs involve high risks, so ensure your risk tolerance aligns with potential losses. Consider starting with small amounts and practicing on a demo account.
- Regulation: Verify the platform’s regulatory status in your jurisdiction and understand the protections offered.
- Fees: Compare costs with other platforms to ensure they fit your trading budget and strategy.
- Alternatives: Research other regulated brokers offering CFDs or other investment products that might better suit your needs.
markets.com is a reputable and well-regulated online trading platform that offers a wide range of products and services. The platform is user-friendly and easy to navigate, and it offers a wide range of features. However, it is important to be aware of the risks involved in trading CFDs before you start trading.