Markets.com offers a wide-range of account options, with the minimum initial deposit requirement as low as $100. This also includes a welcome bonus of $50. Traders are promoted to VIP status, on making an initial deposit of $20,000 or more. In addition to a lucrative welcome bonus of $2000, VIP account holders get access to the News to Mobile service and free forex signals via SMS.
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Markets.com review
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Markets.com serves clients from more than 100 countries, and is operational in 15 languages. Currently, it has offices in UK, France, Germany, Poland, Romania and Russia. Boasting of 100% client growth, Markets.com received the Fastest Growing Broker Award in 2010. Some key benefits of opening an account with Markets.com are:
Comprehensive Trading Support Services
The Markets.com website is well-designed, with clearly marked informative and easy navigation. The website has a comprehensive range of basic educational material to aid new traders to foreign exchange. It covers everything from trading basics to fundamental and technical analysis. Novice traders can also take the benefits of a free demo account for one month, with $100,000 demo money. For more experienced traders, Markets.com offers information on different technical analysis methods, which covers topics like support and resistance, chart types, chart patterns, Elliott Wave Theory and Fibonacci retracements.
Convenient Deposits and Withdrawals
Markets.com has flexible account deposit options. Traders can transfer funds through debit or credit cards, including any MasterCard, Visa or Diners' Club card. It is also open to wire transfers and other local transfer options (with prior agreement between the firm and the client.
Withdrawal of funds is initiated after the client submits a form to Markets.com. Credit card withdrawals take place instantly, while other mediums may take a maximum of 3 days. No commission is charged by the broker for the deposit and withdrawal process.
Friendly and Accessible Customer Support
Markets.com maintains an excellent customer support system, which is available in 25 countries with local phone numbers for easier access. In addition to hosting the live chat functionality on the website, the multi-lingual staff of markets.com responds to customer queries promptly around-the-clock on all business days.
Finally, Markets.com ensures compliance with forex standards as it is regulated by two regulatory bodies- UK's FSA and CySec of Cyprus. Moreover, Markets.com takes strict measures to keep client account and personal information secure, by using advanced data protection techniques, such as SSL and robust firewalls.
Pros and Cons
| Pros: |
- Very low initial deposit - Regulated by CySec and FSA - Offers MetaTrader 4 - Attractive sign-up bonus, as high as $2,000 |
| Cons: | - Occasional delay in chat-responses |
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• Swedish • Romanian