Markets.com Review 2026

The basic trading model

markets.com operates as a market maker and offers leveraged products across several asset classes. Forex trading is leveraged FX. Shares are CFDs rather than direct share ownership; index exposure is through leveraged derivatives, bonds are traded as CFDs, and cryptocurrency exposure is through CFDs outside restricted regions. Commodity exposure is mainly through leveraged derivatives linked to spot or futures prices. ETF CFDs and other leveraged products are also part of the range.

Customers can use Markets.com WebTrader, MetaTrader 4, MetaTrader 5 or TradingView. Account options include Classic, Standard, Raw and Micro, with $0 commission on Classic, Standard and Micro accounts and a separate per-lot commission on Raw accounts. Copy trading and social trading are available.

Important regional differences

Maximum leverage reaches 1:500 under offshore entities identified as FSA Seychelles and BVI FSC. Retail clients under FCA and CySEC rules are capped at 1:30. Cryptocurrency CFDs are not available to UK residents, and the broker restricts customers from a number of countries. A Cyprus entity may give eligible clients access to the Investor Compensation Fund; other entities do not offer the same scheme.

Trading costs

Spreads are floating. The figures below are average spreads, not minimum advertised spreads. Classic, Standard and Micro accounts have $0 commission; Raw accounts carry a separate per-lot commission. The average spread figures are not broken out by account type.

Non-trading costs

markets.com charges $10 per month after 90 consecutive days with no trading activity. Overnight swap fees apply. For trades denominated outside the account’s base currency, a currency-conversion charge of up to 0.6%–0.7% applies to net realized P/L. The broker does not charge deposit or withdrawal fees, but banks or payment providers may charge their own fees, and foreign-exchange conversion charges may apply to withdrawals.

Cost takeaway

Classic, Standard and Micro accounts avoid a broker commission, while Raw pricing combines a separate per-lot commission with its spread structure. Traders who hold positions overnight, leave accounts inactive or trade in a currency different from their base currency should include those additional charges in their cost assessment.

Account options

The practical distinction is between no-commission accounts and Raw pricing with a separate per-lot charge. Classic is a family or legacy label rather than a clearly defined current standalone tier, so Standard, Raw and Micro have more explicit pricing descriptions.

Platform choices

Base currency and account configuration

Base account currencies are USD, DKK, EUR, NOK, AUD, PLN, ZAR, GBP and SEK. Currency conversion can affect net realized P/L on trades denominated outside the account’s base currency. Demo and Islamic accounts are available. The broker supports API trading, but VPS hosting is not offered.

markets.com offers access to multiple markets, mainly through leveraged derivatives. The product counts below describe the broker’s range; they do not imply ownership of the underlying asset where the product is a CFD.

Order execution

markets.com is a market maker, and slippage can occur under normal market conditions. The broker offers API trading, but the platform capabilities differ: MT4 and MT5 support desktop-based Expert Advisors, while TradingView automation is partial and direct unattended execution requires a compatible broker, API or bridge.

Leverage, margin and stop-out

Maximum leverage is 1:500 under offshore entities identified as FSA Seychelles and BVI FSC. Retail clients under FCA and CySEC rules are capped at 1:30. The margin-call warning triggers when equity falls to 100% of required margin. Automatic position liquidation begins at a 50% margin level across all entities.

Trading restrictions

Hedging, scalping and news trading are allowed. VPS hosting is not offered. Markets.com restricts residents of Afghanistan, Australia, Belarus, Canada, Cuba, Hong Kong, Iran, Iraq, Israel, Japan, New Zealand, North Korea, Russia, Singapore, Sudan, Syria, Ukraine and the United States. Cryptocurrency CFDs are not available to UK residents.

Day-to-day usability

Customers can trade through WebTrader, MT4, MT5 and TradingView, with Android and iOS apps also available. Demo access can help users explore the platform before funding a live account. Traders using MT4 or MT5 for full EA development, custom scripts or testing need the desktop environment; the browser and mobile versions do not provide the full desktop automation environment.

1. Eligibility

Markets.com restricts customers from Afghanistan, Australia, Belarus, Canada, Cuba, Hong Kong, Iran, Iraq, Israel, Japan, New Zealand, North Korea, Russia, Singapore, Sudan, Syria, Ukraine and the United States. Cryptocurrency CFDs are not available to UK residents. Leverage and protections depend on the legal entity serving the account.

2. Registration

Choose an eligible jurisdiction and an account setup from the available Classic, Standard, Raw and Micro options. Select among Markets.com WebTrader, MT4, MT5 and TradingView. The broker also offers demo and Islamic accounts.

3. Verification

KYC verification is required. No document list or verification timeframe is specified here, so allow for the broker’s verification process before relying on access to a live account.

4. Initial funding

The minimum deposit is $100. Supported methods include cards, e-wallets, Sofort and wire transfer; the exact options can depend on availability. The broker charges no deposit fee, although a bank or payment provider may apply its own fee.

5. Getting ready to trade

After funding and verification, choose a platform and review the account’s spread and commission structure, leverage limit, base currency and applicable entity protections. A demo account is available for practice before live trading.

Deposits

The broker’s deposit processing time and the payment provider’s settlement time can differ. No broker deposit fee applies; provider fees may apply.

Method	Minimum	Broker Fee	Broker Processing	Expected Settlement
Visa	$100	No broker deposit fee, provider fees may apply	about 24 h	about 24 h
Mastercard	$100	No broker deposit fee, provider fees may apply	about 24 h	about 24 h
Wire Transfer	$100	No broker deposit fee, provider fees may apply	1–2 business days after receipt	1–2 business days after receipt
PayPal	$100	No broker deposit fee, provider fees may apply	up to 24 h	up to 24 h
Skrill	$100	No broker deposit fee, provider fees may apply	up to 24 h	up to 24 h
Neteller	$100	No broker deposit fee, provider fees may apply	up to 24 h	up to 24 h
Sofort	$100	No broker deposit fee, provider fees may apply	up to 24 h	up to 24 h

Withdrawals

Markets.com charges no broker withdrawal fee. Bank, provider and foreign-exchange conversion charges may still apply. The processing and settlement estimates vary by method.

Method	Minimum	Broker Fee	Broker Processing	Expected Settlement
Visa	10 USD/EUR/GBP	No broker fee, bank/provider and FX-conversion charges may apply	2–7 business days	2–7 business days
Mastercard	10 USD/EUR/GBP	No broker fee, bank/provider and FX-conversion charges may apply	2–7 business days	2–7 business days
Wire Transfer	100 USD/EUR/GBP	No broker fee, bank/provider and FX-conversion charges may apply	2–5 business days	2–5 business days
PayPal	5 USD/EUR/GBP where available	No broker fee, bank/provider and FX-conversion charges may apply	up to 24 hours	up to 24 hours
Skrill	5 USD/EUR/GBP	No broker fee, bank/provider and FX-conversion charges may apply	up to 24 hours	up to 24 hours
Neteller	5 USD/EUR/GBP	No broker fee, bank/provider and FX-conversion charges may apply	up to 24 hours	up to 24 hours
Sofort	5 USD/EUR/GBP where available	No broker fee, bank/provider and FX-conversion charges may apply	up to 24 hours	up to 24 hours

Availability

Customer support operates 24/5 through live chat, email, phone and an online query form.

How traders can get help

Routine questions are often handled with practical guidance and quick responses. The listed support languages are English, Thai, Vietnamese, Spanish, Arabic, Italian and Greek.

Support limitations

Experience is less reliable when customers face withdrawal problems that are difficult to resolve or need help with deposits and funding. Straightforward questions are more likely to be handled satisfactorily than complicated cases.

Markets.com operates under Cyprus and South African regulatory jurisdictions, with additional offshore entities relevant to its maximum-leverage terms. The protections attached to an account depend on the entity and client eligibility; the Cyprus Investor Compensation Fund does not apply in the same way to other entities.

Legal entities and regulators

Client money protections

Markets.com says client funds are segregated and that negative balance protection is provided. Eligible clients of the Cyprus entity may be covered by the Investor Compensation Fund up to €20,000; clients under other entities do not receive the same scheme. These safeguards concern broker or client-money risks and do not remove the possibility of losses from trading.

Company transparency

Markets.com was founded in 2008 and is not publicly traded. Its offices are in Cyprus and South Africa.

Important distinction

Segregation, negative balance protection and any applicable compensation scheme address specific broker or account risks. They do not protect a trader from ordinary losses caused by market movements.

What the headline claim suggests

A maximum leverage of 1:500 can appear to apply across the broker’s offering. It does not: that ceiling applies under offshore entities, while retail clients under FCA and CySEC rules are capped at 1:30.

What happens in practice

The account’s legal entity changes both the leverage limit and the protections that may apply. Eligible clients of the Cyprus entity may access the Investor Compensation Fund up to €20,000, while other entities do not offer the same scheme. The broader pricing trade-off also matters: no-commission Classic, Standard and Micro accounts differ from Raw accounts, which add a per-lot commission.

Who should care most

Traders comparing headline leverage, especially those who want to use high leverage while retaining Cyprus or other regulated-client protections, should confirm which entity will hold their account before deciding. Cost-conscious traders should also compare the account’s spread and commission structure rather than focusing on the spread alone.

Practical example

A retail client under CySEC rules faces a 1:30 leverage cap, not the offshore 1:500 maximum. The difference is material even before considering that the Cyprus entity’s eligible clients may have ICF coverage while other entities do not offer the same scheme.

Consider markets.com if you...

• Want access to several leveraged markets, including forex, shares, indices, commodities, cryptocurrencies, ETFs and bonds.
• Prefer a choice among WebTrader, MT4, MT5 and TradingView, with demo access before live trading.
• Can select an account and entity after weighing floating spreads, Raw per-lot commission, leverage limits and applicable protections.

You may want to look elsewhere if you...

• Need 1:500 leverage under a retail account governed by FCA or CySEC rules, where the cap is 1:30.
• Want to avoid costs beyond spreads, including the $10 monthly inactivity fee after 90 inactive days and currency conversion of up to 0.6%–0.7% of net realized P/L on qualifying trades.
• Require cryptocurrency CFDs as a UK resident, or VPS hosting for an automated setup.

markets.com’s strongest proposition is its combination of multiple asset classes and four platform choices, including desktop automation through MT4 and MT5. Its biggest compromise is that leverage and compensation protections depend on the account’s entity, while costs can include Raw commissions, overnight swaps, inactivity and currency conversion. Beginner to intermediate traders who value platform and market choice and can accept those entity and cost differences are the likeliest fit.

This review assesses markets.com’s regulatory jurisdictions and protections, account and platform specifications, pricing, products, funding terms, execution disclosures and customer-support information. Broker claims, regulator records, structured product and payment details, and customer-support feedback are treated according to their nature; no personal trading test is claimed.

For more detail on how brokers are assessed, see our review methodology.