- Available to non-U.S. customers only
- $25 no deposit bonus (T&C apply)
- Regulated by CySEC & FSB
- Above industry standard customer support in countless different languages
- A top recommendation by ForexFraud!
|Company Name: SafeCap Investments|
|Regulation: CySec & FSB|
|Year established: 2009|
|Pairs offered: 43|
|Min deposit: $100|
|EURUSD spread: 2 pips|
|Smallest lot size: Varies, Forex is 5,000|
|Funding methods: Wire Transfer, credit card, Web Money|
|Dealing desk: Yes|
|Trading platform: Markets.com platform|
|Mobile trading: Yes|
|Web based: Yes|
"The firm is beginner friendly and offers a low initial deposit"
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Markets.com is owned and operated by SafeCap Invesments Limited, which is a firm headquartered in Cyprus, and regulated by the Cypriot body CySec and FSB. The holding company SafeCap Investments was founded in 2006, and assumed its present form and title in 2009, with regulatory approval for forex operations being granted in 2008.
Markets.com offers more account options than what is generally available in a typical forex broker. The minimum initial deposit requirement is $100.
The minimum deposit requirement for a standard account is $2,500. Users of the standard account receive free access to the "News to Mobile" service of the firm.
Traders who open an account with an initial deposit of $20,000 and beyond will be eligible for the benefits of a VIP account. Apart from the welcome bonus, owners of a VIP account receive full access to the News to Mobile service, along with free FX Signals via SMS.
Leverage up to 200:1 is available to clients of Markets.com. There are also various additional options for corporate clients. Please note that increasing leverage also increases risk.
**Carries Risk of Capital Loss - CFD Service
Clients of Markets.com can now trade on their proprietary Markets.com platform.
Deposits and Withdrawals
Markets.com is highly flexible with respect to account deposits. The firm accepts credit or debit card transfers via Visa, MasterCard and Diners' Club, along with wire transfers for both deposits and withdrawals, and is also open to various local transfer options, upon discussion between the client and the firm.
The broker charges no fees during the deposit/withdrawal process and commits to reimbursing the client for any charges incurred to the financial intermediary (i.e. the bank) in deposits that exceed the $2,500 mini account limit.
The withdrawal process is initiated following the submission of a withdrawal request form by the client. Credit card withdrawals are instant, while withdrawals through other mediums may take up to 3 days at times. In rare cases this process may take longer due to delays in the interbank market, according to statements at the broker's website.
In line with the general trends in retail forex brokerage, Markets.com offers an excellent support service with employees responding to calls 24 hours a day 5 days a week in multiple languages. With over 25 local phone numbers from different countries, various email addresses to different departments and a live chat makes contacting Markets.com relatively simple in comparison to the market standard.
Markets.com rises above the industry standard in ensuring the safety of client account details. In addition to various advanced physical and technical safeguards, the broker implements rigorous firewalls, and the SSL (secure socket layer) technology to ensure the safety of information transmission.
Markets.com is operated by SafeCap Investments Ltd., which is regulated and authorized by CySEC under license number 092/08 and under the number 43906. The firm submits regular reports to this institution in order to establish its compliance with various regulatory rules and the state of its finances.
Markets.com is six years old this year, but it's only moderately young by standards of the forex brokerage business. On the whole, the firm leaves an impression of being a solid, reliable broker with no outstanding features beyond competence in what it does. The website of the broker is also highly informational as well as educational; if you're interested in the firm, we recommend that you examine it for yourself.
The firm is beginner friendly and offers a low initial deposit at $100 for a mini account which is very reasonable in comaprison to other brokers of today. Traders will also appreciate more account types than what is usually offered by forex brokers, ranging from the just mentioned $100 mini to the $20,000 VIP.
On the safety front, the firm stands out as a broker regulated by two separate and credible EU authorities.
In sum, Markets.com is a good option for any type of trader, whether beginner or seasoned due to its solid concept, excellent customer service, regulation and general image of competence.
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