Markets.com is a Forex broker owned by Safecap Investments Limited. They are located at: 148 Strovolos Avenue, 2048 Strovolos, P.O.Box 28132, Nicosia, Cyprus. Their trading desk can be reached at +357-2-203-0583. See here for local phone numbers. Their email for general inquiries is firstname.lastname@example.org. For trader complaints read this.
Markets.com Platform Review
Their list of available assets for trading includes over 200 currency pairs, commodities (oil, gold silver), indices (majors and minors including: Spain35, Sweden30, Amsterdam25, MICEX, FTSE Italy, STOXX50 and more) and stocks. See complete list here.
Traders can use Markets Web Trader, and the Markets app. They have a nice HTML5, mobile optimized site that works on all mobile devices. Leverage is 200 times. Which is what many Forex traders are looking for, but don’t forget, using leverage is very risky. Minimum Deposit is now only $100, see here.
When you review a Forex / CFD Broker it is important to verify that they are a legal and regulated company. There are many online scams that look like real brokers.
Markets.com is a licensed and regulated broker. During our review we see that they are operated by Safecap Investments Limited (“Safecap”), which a regulated investment services firm. Authorized by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08, and by the Financial Services Board (“FSB”) in South Africa as a Financial Services Provider under license no. 43906, look here.
The main reason why Forex Traders choose to open an account with a licensed & regulated broker, instead of a scam Forex broker is this quote from their website. “Retail client funds are insured by the Investor Compensation Fund for Customers of Cypriot Investment Firms (up to €20,000 per client)”.
Traders should always compare their broker with other forex brokers here.