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 is [email protected]. For trader complaints read this.
They are a popular Forex broker accepting traders from all countries with the exception of the United States and Canada.
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 at Markets.com can use Meta Trader 4, Sirix Web Trader, and for mobile, 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!
One big advantage they have over the other Forex & CFD Brokers, is that they have 20 local offices in various countries around the world. Most brokers usually operate from just one office. Markets.com also makes it that every client receives one on one Forex and CFD training.
Markets.com is a licensed and regulated broker. During our review of Markets.com 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.
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.