freeamfva: Markets.com Review 2022

Markets.com Review 2022

8 Sep 2022 at 22:36

At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.To get more news about markets.com pros and cons, you can visit wikifx.com official website.


Founded in 2008, Markets.com is a well-regulated broker with oversight from the FCA, CySEC, ASIC, FSCA, FSA & BVI in place. The broker’s parent company (Playtech) is publicly listed on the London Stock Exchange. Markets.com operates many offices around the world with more than 4 million customers.
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In this Market.com review, the InvestinGoal team has taken a deep dive into what the broker offers including their costs, trading platforms, and educational infrastructure to help you get to know more about Markets.com.
Pros and Cons
Pros
There are also several advantages to touch on when trading with the broker. They are one of the few brokers to offer both bonds, and blends so if you want to trade these asset types, Markets.com will be ideal.


This extends to the point that they generally offer a great selection of assets across all types. Including these, crypto (CFDs are not available in the UK), commodities, ETFs, and more.


You can also take advantage of the broker strategy builder feature that allows you to build your own new trading strategies, or choose from some that have been pre-built.


Cons
Starting with some of the downsides related to the broker, they do only have a limited range of account types available including just the Standard, and Islamic account type if you are a retail trader.


This also has an impact as a scalper since they don’t offer a Zero account type and the spread doesn’t get lower than 0.6 pips.
Forex and CFDs Review
Trading forex at Markets.com you will find a great range of more than 65 currency pairs that are available to you. This puts them in a strong position relative to other brokers with fewer assets available.


The spread too is competitive for retail traders from 0.6 pips with an average of 1 pip on major pairs like the EUR/USD.


Overall then, with an excellent range of pairs available, and very competitive spreads, this can be a great broker choice for you trading forex.
Spread Betting Review
You can engage in spread betting through Markets.com. This comes with a minimum $100 deposit, and it is possible to trade through a number of platforms. MT4, MT5, and the proprietary Markets.com platform all provide access.


The offering is available only to UK and Ireland residents but you have thousands of assets to trade on, and the fact you will not find this depth with many other brokers suggests Market.com spread betting is a good choice if that is your trading style.
Islamic Account Review
As an Islamic trader, you will be glad to know that an Islamic trading account with no rollover fees is available through Markets.com and fully Shariah law compliant.


Another plus here is that where some brokers charge a rollover replacement fee, there is no such charge with this broker.The only downside is that some of the great asset range may not be available with this account type.



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