Score
Markets.com
The Virgin Islands|5-10 years| https://global.markets.com
Website
Rating Index
MT4/5 Identification
MT4/5
White Label
Markets.com-Live
Influence
A
Influence index NO.1
Romania 6.01MT4/5 Identification
MT4/5 Identification
White Label
IrelandInfluence
Influence
A
Influence index NO.1
Romania 6.01Contact
Licenses
Single Core
1G
40G
1M*ADSL
- The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic information
The Virgin IslandsA Site Visit to MARKETS in Australia
The inspection team did not find the office of MARKETS in Australia. The investors should keep cautious to avoid financial losses.
AustraliaA Site Visit to MARKETS in Australia
The inspection team did not find the office of MARKETS in Australia. The investors should keep cautious to avoid financial losses.
Australia
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
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Sources
Language
Mkt. Analysis
Creatives
WikiResearchWebsite
Most visited countries/areas
Georgia
South Africa
Argentina
markets.com
Server Location
United States
Most visited countries/areas
India
Website Domain Name
markets.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
1994-08-04
Server IP
192.230.81.52
-
markets.com.au
Server Location
Ireland
Website Domain Name
markets.com.au
Server IP
18.203.227.67
-
markets.com.cn
Server Location
Hong Kong
Website Domain Name
markets.com.cn
ICP registration
沪ICP备15004994号-2
Website
WHOIS.CNNIC.CN
Company
EURODNS S.A.
Domain Effective Date
0001-01-01
Server IP
45.64.64.116
Genealogy
VIP is not activated.BitmaX
OPCMarkets
FREEDOMWITH FX
Company Summary
| Registered in | The Virgin Islands |
| Regulated by | CYSEC |
| Year(s) of establishment | 5-10 years |
| Trading instruments | Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, ETFs, bonds |
| Minimum Initial Deposit | $100 |
| Maximum Leverage | 1:300 |
| Minimum spread | Information not available |
| Trading platform | MT4, MT5, own platform |
| Deposit and withdrawal method | Wire transfers, MasterCard, VISA, Skrill, Neteller and zotapay |
| Customer Service | Email/phone number/address/live chat |
| Fraud Complaints Exposure | Yes |
General information and regulations of Markets.com
Registered in the Virgin Islands, Markets.com is an online forex broker that has been offering service for over 5 years.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Market instruments
Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, ETFs, bonds.....Markets.com allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Markets.com.
Spreads and commissions for trading with Markets.com
Markets.com does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Markets.com, we recommend that you take the time to calculate these transaction costs.
Account Types for Markets.com
Markets.com does not provide account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. In addition, many brokers offer demo accounts, where interested parties can trade without incurring real money losses. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges.
Trading platforms offered by Markets.com
As for the trading platform, Markets.com provides its clients with many options. There are public platforms such as MT5 and MT4 that have served many clients worldwide, also Markets.com's own platforms. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT5 and MT4. But Markets.com's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.
Leverage offered by Markets.com
Although some brokers offer leverage up to 1:500 or even 1:1000, the leverage of 1:300 offered by Markets.com is sufficient for the average trader. This is because the more leverage you have, the more risk you take with your money. Even professional traders, let alone novices, should not be tempted to use leverage as large as 1:500.
Deposit and withdrawal methods and fees
About how deposits and withdrawals work, we can only get some information in the FAQs section. Wire transfers, MasterCard, VISA, Skrill, Neteller and zotapay are the payment methods handled by Markets.com. There are no extra fees for deposits and withdrawals.
Educational resources
A series of educational resources is available at Markets.com, such as trading tools, basic knowledge, glossary, news.
Customer support of Markets.com
Below are the details about the customer service.
Language(s): English, Spanish, Vietnamese, Malay, Chinese, etcetera
Email: support@markets.com
Phone Number: +44 2080 979 794
Social media: Facebook, Instagram, LinkedIn, YouTube, twitter
Users exposures on WikiFX
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Advantages and disadvantages of Markets.com
Advantages:
Well regulated
MT4, MT5
Educational resources
Many instruments available
Disadvantages:
Complaints
Few information available
Few deposit and withdrawal methods
No copy trading
Frequent asked questions about Markets.com
Is this broker well regulated？
Yes, it is currently effectively regulated by CYSEC
Keywords
- 5-10 years
- Regulated in Cyprus
- Regulated in South Africa
- Regulated in The Virgin Islands
- Market Making(MM)
- Financial Service Corporate
- Retail Forex License
- White label MT4
- Self-developed
- Global Business
- Suspicious Overrun
- High potential risk
- Offshore Regulated
News
News Markets.com Integrates TradingView
Markets.com integrates with TradingView, offering seamless trading of CFDs on forex and cryptocurrencies with advanced charting tools, enhancing broker connectivity.
2024-10-02 12:21
News Worldpay Partners with Markets.com for Global Payments
Worldpay partners with Markets.com to enhance global payments. Elena Christodoulou was promoted. ACI and Worldpay renew partnerships. Amex supports UK small businesses.
2024-08-05 11:12
News Markets.com Provides An Exceptionally Personal CFD Trading Experience
Markets.com, a comprehensively developed trading platform, has introduced its VIP services to traders as well as investors according to WikiFX. On Markets.com, the CFD Trading section provides users with complete control over expert analysis with world-class trading tools and empowering features.
2022-04-05 17:37
Review 15
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Review 15
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MrRadius
Ghana
I tried withdrawing money from account using the deriv P2P app. I sold the usd out to the buyer only to reject my calls and chats. I completed my part of the transaction but never got the money in my MOMO account Buyer’s nickname is Afoum Sarkodie
Exposure
01-02
FX2730666084
Hong Kong
The gang has committed crimes, saying that the return would be six or seven times of deposits. When you see these, please don’t be cheated. Several bank accounts. Money can only be deposited and not be withdrawn
Exposure
2019-10-10
FX8182348662
Hong Kong
This woman is still scamming around on Wechat moments, promoting their platform. This is a fraud. Don’t believe in them. They won’t let you withdraw after you deposited, asking you to pay them margin and tax. There are all a lie.
Exposure
2019-10-08
FX8182348662
Hong Kong
After downloading the APP by Wechat promotion,I can not withdraw my money.The customer service keeps shirking in bad attitude.
Exposure
2019-10-07
FX8182348662
Hong Kong
I deposited $30000 and tried to withdraw after trading, but the request was rejected. They said it was my bank card number error and I need to pay them margin before I could withdraw. Then the man on Wechat urged me to pay the margin every day, saying that he can help me pay a part of it.
Exposure
2019-10-06
玛雅（娟子王）
Hong Kong
When I tried to withdraw at first, they told me I had a typo when I entered my bank card number and I need to pay 20% of my total margin to unlock my account. I said they could just cut it from the principal, but they said it’s impossible. I looked up and found they are still under regulatory. Thinking that they shouldn’t be scammers, I paid them 76000 RMB as they said I could withdraw my money as soon as I did so. Today I tried to withdraw, but they rejected, saying that I need to pay over 70000 RMB personal income tax. This is an obvious scam. Why is it so hard for us to protect our rights?
Exposure
2019-09-28
股云香市
Hong Kong
Why the website can’t be logged in! Money can’t be withdraw. Cheat the peers!
Exposure
2019-09-26
玛雅（娟子王）
Hong Kong
I deposited 30000 RMB in MARKETS and made a profit of 380000 RMB.When I wanted to withdraw fund,I was declined because of wrong bank account and should pay 20% of margin to modify it.And then my account was froze directly.
Exposure
2019-09-25
FX2730666084
Hong Kong
The recharge channels they gave were different every time, and their QR codes for promotion were also fake. When we deposit, everyone’s account is accessible. But when we try to withdraw, it became impossible to withdraw money to our deposit accounts. Every time there was an error alert on the website which was unable to correct. If we want to correct the wrong information, we need to pay tens of thousands of margins. Fake platform! Scam platform! You can just deposit but have no way to withdraw.
Exposure
2019-09-17
FX2730666084
Hong Kong
I couldn’t modify my wrong bank information unless I pay margin for it.Why don’t you call me to confirm the information instead of asking me to pay margin.Why margin should be paid when I confirm my own bank information?
Exposure
2019-09-15
¥
Colombia
Everything works well. Not sure what could be better. Don't much like the new platform but they have allowed continued use of the old platform so no complaints.
Neutral
05-17
吴新宇
Hong Kong
Worst customer service on the planet. They still haven’t processed my withdrawal requests. I was bewildered by its good reputation at first, but this broker is actually not strictly regulated. So regretful now.
Neutral
2023-02-20
给点阳光就灿烂
Peru
It seems that markets.com is only regulated by CYSEC now, and I personally don't think it is a trustworthy regulator, as I have seen some fraudulent forex brokers under such regulation.
Neutral
2023-02-14
Cuety
Italy
Markets.com delivers a vast array of market instruments and an intuitive trading platform, perfect for traders of all levels.
Positive
07-30
Ricci Leonardo
Nigeria
Other things aside, their live chat service is great, very fast, and no need to wait. The customer service staff is polite and patient, and it is a pleasure to chat with them.
Positive
2023-02-13