Safecap Investments which owns the exclusive brand and trademark, Markets.com has been catering to online currency traders since 2008. They have established a good name for being one of the top European based forex and CFD online brokers.
They run an industry standard software package (MetaTrader 4) and a cutting-edge trading platform that allows instant access to global financial markets.
Friendly for traders
Their platform’s interface are very user-friendly and even if you’re a beginner, you won’t get confused with the controls.
Min account size
The minimum deposit to open an account is $100. It is much more reasonable compared to the initial deposit requirements of other brokerages.
Min Lot size
Micro lot trading is allowed and the accepted minimum size is 0.01.
# Of Tradable Assets
You can access more than 2000 assets with this broker. You can trade shares, forex, indices, ETFs, commodities and crypto (Bitcoin) CFDs.
The leverage can be set to a maximum of 1:300 but this will depend on the trading Instrument.
Spread on EUR/USD
The spreads can go for as low as 2 pips fixed on EUR/USD, GBP/USD and other pairs. They don’t impose any hidden fees or commissions.
They accept a number of payment methods including credit cards, wire transfer, PayPal, Neteller, Skrill, fast bank transfers (Envoy/WorldPay), Ideal, Sofort, Giropay and Multibanco.
Reputation Among Traders
Markets.com is well-accepted in the online currency trading community and this is proven by the majority of positive reviews that can be found from trusted review sites.
Their platforms are bug-free and are capable of displaying real-time quotes.
The demo account offers $10,000 virtual cash to practice trading with and is an effective tool to explore the platform and do test trades.
Markets.com (Safecap) is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Board (FSB).
They have a reliable 24/5 customer support team and they can be reached by giving them a phone call, sending an email or accessing the live chat.
Markets.com is a good choice for trading forex and CFDs. Generally, their reputation is quite good, their minimum deposit requirement is low and their customer service team is well-trained to handle almost any kind of issue. Ideally, these are the prime advantages that you should look for in a broker.
The total score that they received based on our objective scoring system is 89/100.
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