Markets.com Account Types

Markets.com  provides 3 different account types Retail account, Professional account, and  Islamic account.  Account Types vary according to what traders require, Beginner traders will enjoy access to the industry-favored MetaTrader 4 and MetaTrader 5 platforms.

Markets.com at a glance

Overall Rating

• 4.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

CySEC, FSCA, ASIC, FCA, FSC

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Markets.com Account Types – A Quick Key 9 Point Overview

1. ✅ Markets.com Overview
2. ✅Markets.com Account Types
3. ✅Markets.com Account Features
4. ✅Markets.com Demo Account
5. ✅Islamic Account
6. Markets.com Account Types Pros and Cons
7. Markets.com at a glance
8. Conclusion
9. Frequently asked questions

Here is an overview of the Markets.com Account types as well as the treading features and benefits offered for each account.

 Markets.com Overview

👉 Markets.com was established in 2008 and is headquartered in the British Virgin Islands to provide Forex and investment brokerage services to both retail and professional traders. The broker further offers specialized accounts to corporate entities.

👉 Markets.com has become popular for its streamlined and user-friendly trading environment that caters to beginner and advanced traders alike. Beginner traders will enjoy access to the industry-favored MetaTrader 4, MetaTrader 5, and Markets.com proprietary platforms. These two trading software versions from MetaQuotes allow broad-based trading functionality that is easy to understand and apply across several different trading strategies and market environments.

👉 The broker’s proprietary platforms may be a better option for advanced traders, with their comprehensive trading tools that allow for both fundamental and technical analysis, and which can be customized according to your trading strategy. Account opening with Markets.com is an easy online process, and accounts can be opened for an affordable minimum deposit of 100 units of your base currency. This minimizes the likelihood of incurring conversion fees for most traders.

👉 Professional accounts should be opened directly through the accounts department, and professional clients will be required to undergo an assessment in order to establish whether they qualify for professional trader status. After this, professional clients will benefit from a personalized account manager and a number of VIP services that can be tailored to the particular account requirements.

👉 Islamic Account holders must also apply directly to the accounts department in order to have their religious status confirmed. Islamic Accounts can only be opened for the standard Retail Account.Markets.com provides a secure trading environment backed by advanced data security protocols, while its regulator, the FSC, requires regular audits as well as the provision of segregated accounts in order to ensure that client deposits are kept safe.

👉 All in all, Markets.com is an excellent choice for beginner to advanced traders, who will enjoy the catered customer service complemented by a truly impressive asset portfolio, a wide selection of trading platforms, and customizable trading tools.

👉 Markets.com is an offshore broker, it has gained a strong reputation in the Forex industry over its long operational history, with over 5 million clients registered with the broker to date.

Markets.com Account Types

👉 Markets.com offers its clients one main account type; the Standard account which gives clients access to over 2,200 tradable CFDs and leverage of up to 300:1 depending on the client’s jurisdiction. The broker also offers a demo account that comes with $10,000 in virtual funds, thus allowing clients to test the platform prior to depositing their own capital.

👉 Markets.com offers two types of trading accounts, namely the Retail Account and the Professional Account. The broker also offers a free demo account, as well as a swap-free account for Islamic traders. Traders can also open Joint and Corporate Accounts. You can only hold a Joint Account with a spouse or a first-degree family relative (mother, father, brother, sister).

👉 You and your relative must both own a verified own registration, after which you will need to contact Markets.com and fill in the Joint Account application form. With regards to a Corporate Account, the main authorized person of your company can create a registration through the normal process, while completing personal details and questionnaires based on his data.

After the registration is complete, you can reach out to Markets.com via support@markets.com so that the accounts team can provide you with document requirements.

Markets.com Account Features

The accounts from Markets.com provide access to MetaTrader 4, MetaTrader 5, and Markets.com proprietary platform

📉 Retail – This is the standard live trading account that most users sign up for. The retail account gets you access to over 8,000 tradable assets and flexible leverage.

📉Professional – This is for professionals investing over $500,000. Additional leverage is available with a professional account.

👉 To open a standard Retail Account with Markets.com, the following documents are required:

📃 When it comes to registration, the account types available at Markets.com are the Retail Account and the Professional account. The broker also offers an Islamic account, as well as a free demo account. You can only hold a Joint Account with a spouse or a first-degree family relative (mother, father, brother, sister). You and your relative must both own a verified own registration, after which you will need to contact the broker and fill in the Joint Account application form.

Markets.com Demo Account

👉 The free demo account from Markets.com allows users to test out the features and trading conditions of the retail account.

👉 Users can also open a demo account with a live account, which means that you can test trading strategies in a risk-free environment and on an ongoing basis. To switch accounts click on the menu located at the top right corner of the Markets.com platform and select the last option from the drop-down ‘Switch to Demo/or Real’.

👉 Both Demo and Real accounts from Markets.com function under real-time market conditions. A Demo account works with virtual funds for purposes of practice, unlike a Real account that allows you to trade with real funds. The professional account is not available as a demo version.

📍 A free demo account is available from Markets.com and can be opened using the following steps:

👉 Step 1: Locate the official Markets.com website

Visit the markets.com home page to open a Markets.com demo account, select the option to create an account on the top right hand of the website.

👉 Step 2: Fill out the Markets.com account registration form.

You will first be required to register with the broker. Fill in the simple online registration form with the required information, which consists of your email address and a created password for your account. Read and accept the terms and conditions. Submit your registration.

👉 Step 3: Access the markets.com dashboard on the right-hand side to switch to the demo account. From here, you will be able to set up your demo account with the required features

👉 Step 4: Access Markets.com demo account dashboard to start trading.

You will be able to access the markets.com dashboard in order to start trading

Islamic Account

👉 The Islamic Account will have the same trading conditions as that of the swap-rated retail account. As such, Markets.com offers very competitive spreads. Major currency pairs like the EUR/USD average at 0.7 pips and the GBP/USD at 1.3 pips. In terms of commissions, only a small fee is charged on certain stock CFDs. Forex trading is offered commission-free.

👉 Traders who, due to the observance of their religious beliefs, cannot receive or pay interest, can apply for a swap-free account by completing and submitting an application form. This application form is provided by Markets.com at your request from the Accounts Department. A request to render the Account as Swap-Free will only be made due to the client’s religious beliefs and for no other reason whatsoever.

👉Markets.com does reserve the right to refuse to accept the request of a client to designate their Account as a Swap Free Account. Furthermore, if the broker finds that the trader is acting outside of the bounds of the swap-free account, it reserves the right to terminate the account.

👉 Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law. With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide. Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.

Markets.com Account Types Pros and Cons

Overall Rating

• 4.5/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 100

Regulators

CySEC, FSCA, ASIC, FCA, FSC

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

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Conclusion

Markets.com is a well-regulated brokerage in five jurisdictions and a member of FTSE250-listed gaming software company Playtech PLC. Markets.com provides all traders with the Classic CFD account, while an upgrade to a professional account is also available. The company also provides the option of a free demo account and an Islamic account

The core services provided by this brokerage are exceptional, and the fifteen trading tools offered to users provide more than enough of a reason to manage a portfolio at this brokerage as part of a well-diversified strategy.

Disclaimer

High-Risk Investment Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Please read the full Risk Disclosure Statement which gives you a more detailed explanation of the risks involved. The value of shares as well as other CFD instruments can fall as well as rise, which could mean that you get back less than you originally put in. Please ensure you fully understand the risks involved and manage your exposure. Past performance is no guarantee of future results.

Depending on the country of your citizenship or permanent residence, the company may be required under the applicable local laws, rules, and regulations to offer you certain additional protection mechanisms or impose additional restrictions on your trading.

You must carefully review our Investment Services Agreement for the details of such protections or restrictions that may apply to you. The company does establish accounts for residents of certain jurisdictions including Japan, Canada, Belgium, and the USA. For further details please see the Investment Services Agreement. Safecap Investments Limited is a subsidiary of Playtech PLC, a company traded on the London Stock Exchange’s Main Market and a constituent of the FTSE 250 index, according to research in South Africa.

Frequently asked questions

Is Markets.com a fake or scam broker?

Our review reveals that Markets.com enjoys a long operational history, with a Trust score of 97/99, and is regulated by two tier-1, two tier-2, and one tier-3 regulator

Does Markets.com offer leverage?

Yes, Varying leverage ratios depend on the jurisdiction.  EU traders have a maximum leverage of 1:30, while traders elsewhere can access maximum leverage of 1:300

How many instruments can I trade with Markets.com?

• 67 forex major, minor and exotic currency pairs
• 2,200+ shares on major global companies
• 40 major stock indices
• 25 cryptocurrency, including Bitcoin, Litecoin, Ethereum and Ripple
• 28 commodities, including metals and energies
• 21 stock blends of large companies
• 66 ETFs
• 4 bonds

Which platforms are supported by Markets.com?

MetaTrader 4, MetaTrader 5, and Markets.com proprietary platform

What spreads can I expect with Markets.com?

Markets.com offers very competitive spreads. Major currency pairs like the EUR/USD and the GBP/USD at around 0.7 pips.

Does Markets.com charge commission?

Yes, only a small fee is charged on certain stock CFDs. Forex trading is offered commission-free.

Is Markets.com regulated?

Markets.com is regulated by ASIC, FCA, BVI FSC, FSCA and CySEC