10Markets Broker Review – Forex and CFD Trading in South Africa

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10Brokers Review

Trading with 10Brokers

Global Forex volume encouraged a lot of traders and investors who desire to double their bank savings to enter the FX market. Subsequently, as anticipated, many Forex and CFD brokers emerged in order to meet the requirements and needs of these traders. Brokers differ in many subjects which we are going to make it clear in our Forex reviews and one of these reviews is 10Brokers.com review.

10Brokers is one of the brokers that has just a while ago appeared in the FX market on the hands of Forex and CFD market experts. However, it has managed to conquer the market and prevail as one of the giants due to its features that made Forex trading with 10Brokers a great experience for investors.

In 10Brokers.com review, it shall be mentioned that the broker is operated by KHO TECH LTD, an EU investment company which is licensed and regulated by FSPC, Securities and Exchange Commission, under the license number FSP777077. The regulation assures traders that their money is safe and secure in case 10Brokers Scam turns out to be true.

Forex trading with 10Brokers which is located in Kai St. 1, 10111 Tallinn, the Republic of Estonia, is an encounter that will definitely excite you. Keep reading 10Brokers review to know all the pros and cons and the truth about 10Brokers Scam and 10Brokers minimum deposit as well as the maximum leverage and spreads.

Minimum Deposit $50
Maximum Deposit Up to 30,000$
Bonus Welcome Bonus
Minimum Trade Size 10$
Trading Platform MetaTrader 4, Mobile Platform, Tablet Platform, WebTrader
Account Types Bitcoin Account, Gold, Standard, VIP Account
Demo Account
Islamic Account
Account Currencies EUR, GBP, USD
Payment Methods
Withdrawal Fees No Fees
Traders From USA
Forex Trading
Forex Broker Type Market Maker
Maximum leverage 1:500
Spreads type Fixed
EUR/USD spread 3 Pips
Bitcoin Trading
Maximum number of positions Unlimited
Mobile Trading
Trading Signals
Automated Trading
Options Trading
VPS (Virtual Private Server)
One Click Trading
Stop Loss (No Slippage)
EA (Expert advisors)
Clients Funds Segregated
Education Center
Forex Pairs EUR/USD
Commodities Gold, Oil (Brent Crude), Wheat
Indices NIKKEI 225, NASDAQ 100
Customer Support
Email [email protected]
Contact form
Live Chat
Call Back
Support Hours 24/5
Supported Languages

Financial Service Providers Register – New Zealand

Forex trading with 10Brokers

FX trading enhances the chances of making profits of the fluctuations through adapting one or more of the strategies. Forex trading with 10Brokers presents a huge collection of the most traded on daily basis currencies including signals and expert tips while on the platform.

Also in 10Brokers review should point out that the broker offers a great leverage that fits all types of traders starting from 1:20 and up to 1:500, in addition to a fixed spread to control the trade. Forex trading with 10Brokers grants traders the utmost advantages of the stock market.

CFD trading with 10Brokers

CFD (Contract for differences) refers to the trades on the differences (in values) between the buying and selling value of an asset at the close time. Recently, CFD has gained a lot of popularity due to market’s volatility. The market volatility motivated brokers into adding CFD to their instruments. CFD trading with 10Brokers offers traders a variety of assets to trade CFD on including Crude Oil, Gold, Wheat and many indices such as the Nasdaq and Nikkei.

Other Features

In 10Brokers.com review, traders should know that ALGOtrading is available so they can make the best use of the volatility in CFD trading with 10Brokers or FX. ALGOtrading service can be adjusted to match the strategies the trader uses. Also 10Brokers sends live signals to its clients at the exact moment of their appearance through mobile and Email. Every sent signal comes with details regarding a specific trade and the buy/sell price of the underlying asset a the stop-loss and Take Profit levels.

10Brokers gives traders access to a whole bunch of commodities on their various platforms and also a lot of charts and technical indicators to identify market patterns and which asset is more likely to generate profits.

Additionally, in 10Brokers.com review, the broker offers clients a huge number of the most famous indices, available like Hang Seng, Nikkie, Nasdaq and Dow Jones among others so they can start CFD trading with 10brokers at ease.

10Brokers Trading Accounts

Let’s agree that the multiplicity of accounts that brokers offer can be a great and at the same time weak feature; good feature as it gives all kinds of traders the possibility of choosing the account that suits their needs, weak feature as it may lead to the distraction of the trader. The company offers a number of accounts that suit all types of traders, let’s have a look at them in 10Brokers review:

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Standard account: for traders who are looking forward to increasing their revenue through Forex trading with 10Brokers. The advantages of this account are limitless as it provides expert advisors, courses, account managing service, the availability of ALGO trading, fixed spreads, live market updates and analysis, fast execution, fast withdrawals and above all a great leverage till 1:500. 10Brokers minimum deposit with the Standard account is only 50$.

Gold account: this account is for more advanced traders who are willing to risk to benefit from the industry volatility. The gold account clients get access to trading room and research panel to aid them make a profit of the process. 10Brokers minimum deposit with the gold account is 5000$ up to 10000$ and together with the benefits of the previous account, holders get special offers and promotions tailored especially for them. Leverage is up to 1:500.

VIP account: The account describes itself, which is only for the VIPs. For the most experienced traders who are provided with the best tools and a personal dealer or a personal expert advisor who is going to grant them market updates, ideas, VIP promoting offers signals directly to their telephone, email, and/or SMS together with the previous account features. 10Brokers minimum deposit with the VIP account is 10000$ and more.

10Brokers offers trader the ability to trade Bitcoin on an additional account. For more information regarding the the Bitcoin account, please contact the customer support service.

10Brokers Demo Account

10Brokers presents traders with an opportunity of trying out 10Brokers demo account for them to try their capabilities before entering the market with their hard earned money. 10Brokers demo account comes with 100,000 unites for trying out the process. In 10Brokers.com review, we should point out that in order to use 10Brokers demo account, traders have to make their initial 10Brokers minimum deposit first.

10Brokers Review Platforms

Regarding platforms in 10Brokers review, the FX broker as every other broker offers a various types of platforms to insure the convenience of its clients. The most famous platform in the FX markets MT4 is available for CFD and Forex trading with 10Brokers and can be downloaded and installed directly from the site. Also the web-trader platform which can be used on the site without having to download it, mobile and tablet platforms beside 10Brokers app which are accessible for traders to trade on the go.

All these great platforms and features oppose 10Brokers scam beliefs, but caution is in order.

10Brokers Scam

The legitimacy of the FX or CFD broker is one of the most important issues that should be checked before registering an account with him so you can trade with a peace of mind.

10Brokers is operated by KHO TECH LTD which is regulated by FSBC. The Financial Service Provider Commission organization (FSBC) is an independent organization and not a Governmental Agency nor it is affiliated with any Government. However, this regulator is well-known among traders so maybe 10Brokers scam is a hoax after all. There are some issues that got our attention in 10Brokers review such as the absence of the Sterling pound while registering an account, although they confirm the availability of the pound, also traders will not be able to check web-trader platform or 10Brokers demo account on the web-based platform. These issues may not confirm 10Brokers scam so traders should contact the customer support service for reassuring in case of Forex trading with 10Brokers is appealing to them.

Also, there is no information about the Assets available on their site along with the absence of education center for traders.

Client Support

Communicating with the brokers is an essential matter for traders. 10Brokers provides its services in 5 languages (Arabic, English, Italian, Russian and Polish) as it aims to reach as many traders as possible in their mother tongue. Support service can be reached through Email, phone numbers and Chat.

Other features at 10Brokers.com review are economic calendar accompanied by the most important economic events in the industry with exclusive market reviews, forex analysis and pip calculator to help trader manage their CFD trading with 10brokers.

Last but not least in 10Brokers review is that it doesn’t accept traders from the following countries (Iran, Iraq, Libya, North Korea and USA).

Forex Trading in South Africa

Jay Hawk
Contributor, Benzinga

As the second largest economy in Africa, the emerging market of South Africa is the only African nation in the G20. The local South African economy depends in large part on mining, agriculture, and manufacturing, and machinery and transportation equipment makes up one-third of the value of the nation’s exports.

The vibrant and active forex trading community currently in South Africa resulted in part from the nation’s support of foreign investment, which has, in turn, attracted the many forex brokers that now have a significant presence in the country.

Reduce your trading costs by up to 15% with cash rebates, Forex.com is the #1 Forex Broker in the US. Signing up for an account now will get you waived bank fees on all wires, as well as one-on-one support from an experienced Market Strategist.

Table of contents [ Hide ]
Broker Best For Commissions Account Minimum Choose your platform
  • Forex traders located in the United States
  • MetaTrader 4 users
  • Beginner forex traders
  • Active forex traders
Spreads start as low as $1 But vary based on trading volume $250
1 Minute Review

FOREX.com is a one-stop-shop for forex traders. With a massive range of tradable currencies, low account minimums and an impressive trading platform, FOREX.com is an excellent choice for brokers searching for a home base for their currency trading. New traders and seasoned veterans alike will love FOREX.com’s extensive education and research center that provides free, informative forex trading courses at multiple skill levels. While FOREX.com is impressive, remember that it isn’t a standard broker. You can’t invest in the stock or bond market through your FOREX.com and you cannot open an account with tax advantages. The confusing pricing and margin structures may also be overwhelming for new forex traders.

  • Impressive, easy-to-navigate platform
  • Wide range of education and research tools
  • Access to over 80 currencies to buy and sell
  • Leverage available up to 50:1
  • Cannot buy and sell other securities (like stocks and bonds)
  • Confusing margin requirements that vary by currency
  • Limited customer support options
  • Cannot open an IRA or other retirement account
Current Promotion

Currently no promotion

Interactive Brokers
  • Access to foreign markets
  • Comprehensive mobile app that makes trading simple
  • Wide range of available account types and tradable assets
$0.005 per share minimum $1 and maximum 0.5% of trade value; volume discount available $0
1 Minute Review

Interactive Brokers (IBKR) is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. With access to over 125 global markets, you can buy assets from all around the world from the comfort of your home or office. Options, futures, forex and fund trading are also available — and most traders won’t pay a commission on any purchase or sale. IBKR is geared primarily toward experienced investors. The platform offers limited assistance and can be a challenge for new users to become acclimated to. The broker’s tiered pricing strategy can also be frustrating for traders who focus on hourly or daily price movements.

  • Comprehensive, quick desktop platform
  • Mobile app mirrors full capabilities of desktop version
  • Access to massive range of tradable assets
  • Frustrating and confusing tiered pricing
  • Bloated website that makes finding information a challenge
Current Promotion

$200 refer-a-friend bonus

IG Group
  • New forex traders who are still learning the ropes
  • Traders who prefer a simple, clean interface
  • Forex traders who trade primarily on a tablet
$10 value per pip $0
1 Minute Review

IG is a comprehensive forex broker that offers full access to the currency market and support for over 80 currency pairs. The broker only offers forex trading to its U.S.-based customers, the brokerage does it spectacularly well. Novice traders will love IG’s intuitive mobile and desktop platforms, while advanced traders will revel in the platform’s selection of indicators and charting tools. Though IG could work on its customer service and fees, the broker is an asset to new forex traders and those who prefer a more streamlined interface.

  • Easy-to-navigate platform is easy for beginners to master
  • Mobile and tablet platforms offer full functionality of the desktop version
  • Margin rates are easy to understand and affordable
  • Access to over 80 currency pairs
  • U.S. traders can currently only trade forex
  • Customer service options are lacking
  • No 2-factor authentication on mobile
Current Promotion

Currently no promotion

  • New forex traders looking for an easy-to-use platform
  • Mobile traders who need a comprehensive on-the-go offering
  • Experienced forex traders who seek a wide selection of charting tools, indicators and currency pairs
$5 per 100,000 base currency traded $0
1 Minute Review

OANDA offers commercial and standard access to the forex market, with over 70 currency pairs to trade. OANDA’s platform is comprehensive, offering a wide range of indicators and charting tools for experts as well as a simple and intuitive layout that’s perfect for beginners.

You won’t find retirement savings or stock trading on OANDA — the platform doesn’t offer any type of trading beyond the forex market. However, the broker does forex trading especially well — though it could stand to offer more in the way of customer service and lower fees.

  • Over 70 unique currency pairs to trade
  • Comprehensive and easy-to-understand platform
  • Mobile platform improves upon the desktop version
  • Only forex trading available
  • No retirement accounts available
Current Promotion

Currently no promotion

TD Ameritrade
  • Novice investors
  • Retirement savers
  • Day traders
$0 $6.95 for OTC Stocks $0
1 Minute Review

This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.

  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options
  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates
Current Promotion

$600 cash & free trades for 60 days

Overview: Trading Forex in South Africa

The South African Rand, symbol R (ZAR) is the nation’s currency and ranks 20 th by the Bank of International Settlements with respect to daily volume and turnover among currencies traded in the forex market.

South Africa’s growing economy and population of 50 million make forex trading in the country attractive to foreign-based brokers and South Africans alike. Keep in mind, however, that trading forex and having knowledge of the currency market does not involve the geographic location of the trader. Traders based in South Africa should remain aware of several elements about trading forex in South Africa are unique to the country.

The first involves taxation. The South African Revenue Services (SARS) taxes trading profits for individual traders who operate within the country just like regular income. Tax rates range from 18% to 42% depending on the amount of profits generated and other factors relating to each individual’s tax status.

The second involves regulation. The forex market and the financial sector, in general, are regulated by the South African Financial Sector Conduct Authority (FSCA), which took over from the previous agency, the Financial Services Board, in April of 2020. Forex brokers licensed by the FSCA are required to maintain client funds in segregated accounts, and they are also prohibited from disclosing your information to third parties.

Many foreign-based brokers that accept South African clients and are regulated by other major regulating agencies also get an FSCA license. Brokers that operate without oversight from any agency should be avoided at all costs since your entire deposit could be at risk.

How to Start Trading Forex in South Africa

Before you dive into forex trading, you first and foremost need to understand the forex market. The forex market is like no other market in the world. It trades continuously throughout the trading week from 5 p.m. EST on Sunday until 5 p.m. EST on Friday.

The forex market also dwarfs all other capital markets combined, with an average daily turnover of more than $5 billion. The market has its own dynamics, which depend on the relative economic circumstances particular to the countries that issue their currencies.

Even if you have experience in other markets, such as the commodities or stock market , a background in the forex market is invaluable before you begin to trade. Below, you will find some preliminary steps to take before you begin trading from South Africa.

Step 1: Consider Your Forex Broker Needs

The first consideration to take into account is the need for a trustworthy broker. Next, your level of knowledge and trading experience also impact what you will need in a forex broker.

If you already have considerable trading experience, you can focus on choosing a broker with adequate trading tools and a sufficiently advanced trading platform. If you have a limited amount of experience, then a broker with an excellent customer service department and educational resources would be your best bet.

Whether you’re experienced or a novice, open a free demo account with any forex broker. Less-experienced traders often find that trading in a demo account gives them insight into how the forex market trades and whether they like the trading environment. If you already have experience trading, then demo trading gives you an idea of how the broker’s trading platform works, as well as an understanding of the broker’s dealing spreads and order slippage, which can occur during fast markets.

Remember, forex trading carries considerable risk, especially when you choose to use a high leverage ratio since leverage lets you control a significantly larger position with your money. This magnifies profits and losses as well. Furthermore, if you leverage a position too much, an adverse move could even wipe out your entire account.

Again, experience will determine your leverage needs. If you have experience, then you could probably leverage sizable positions. If you have limited experience, then you would probably be better off with a lower leverage multiple to avoid excessive losses. Also, your trading should begin with small lots, such as micro lots, since you can start trading smaller amounts and can better fine tune position sizes when you ramp up your dealing size.

Step 2: Pick a Forex Broker

Make sure to carefully consider your needs before opening an account because not all forex brokerages are created equal. Once you have acquired knowledge of the forex market and determined your needs for trading, you can then proceed to pick a broker.

Features to look for to find the best forex broker for your needs include:


The broker you choose should be duly regulated by the South African FSCA or another major regulator such as the U.K. Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) or the U.S. National Futures Association (NFA) or Commodities Futures Trading Commission (CFTC).

Dealer spreads

Brokers make their money with the bid/offer spread or dealing spread. When the broker acts as a market maker, it takes the other side of your trade, but if the broker uses an electronic communications network (ECN), then several market makers’ exchange rates are used to create a quote with the best rates you can trade on. ECN firms also sometimes charge a commission on top of the dealer spread. The narrower the dealing spreads, the lower your overall transaction costs, which makes more of a difference the more often you trade.

Leverage or margin

The leverage ratio consists of the position size you can hold with one unit deposited in your account. For example, the 50:1 leverage ratio commonly used by U.S. based forex brokers means that you control a position worth $50 with just $1. Leverage ratios for some brokers can be as much as 3,000:1 depending on their location and regulatory agency.

Margin is the amount of money you put up to hold the trade. For example, the margin on a $100,000 position at 100:1 leverage would be $1,000.

Trading platform

Many forex brokers let clients use their own proprietary trading platform, though in many cases, they also offer customers NinjaTrader and/or the MetaTrader 4 and 5 trading software from MetaQuotes. If you have experience, then you would probably opt for the software package that conforms best to your needs. If you have limited experience, learning how the popular MetaTrader platforms work gives you excellent technical analysis resources and a news feed.

The platforms are also very customizable and programmable if you are interested in automated trading and developing custom indicators.

Customer service/educational resources

This feature would be an important one for inexperienced traders. Many forex brokers offer educational resources such as audio, video and articles on forex technical and fundamental analysis. The more prepared you are before trading, the more confidence you’ll have after you’ve begun.

Demo account

Regardless of your choice of broker, it usually makes sense to trade in a free demo account first before committing any funds to a live account.

Step 3: Open a Forex Account

Several forex brokerages base their operations in South Africa. Also, you can open an account with an internationally based forex broker that accepts South African clients and is regulated by the FCSA.

If you are based in South Africa and want to consider a local broker, take some time to see if the broker has a good reputation with other traders on forex forums and websites. A brief selection of forex brokers based locally and abroad who accept clients from South Africa is shown below:

10Markets Broker Review – Forex and CFD Trading in South Africa

Your greatest profit is our greatest reward. That is the theme we strive to envelop ourselves in and always continue to strive for because expecting less than your financial benefit in mind is not an option at 10Markets. We provide the novice and experienced investor with consulting and financial services that caters to each’s personal goals and addresses every respective matter to turn them into a successful investor. With a wealth of experience and strong backgrounds in the financial world, our experts not only believe in their capability they can make you a success but confident in doing so.

The foreign exchange market, indices and commodities brokering are the main avenues we offer to trade in. Though seemingly intimidating, our advanced technological plat-form conducts itself with ease and we richly inform how, what, when and why through our supportive education system. Trust is built in action not so much in words. To put it simply, we are a high caliber, ethically sound, and driven minded team prepared to provide you with the best accessibility to these markets as well as give the proper attention and care mindedness to your in-vestments. One thing we will never do is disappoint. Sign in, take a look, and give us the opportunity to do all we can to not let you down.

Markets.com Review: The Right CFD Broker For Commodity Traders?

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Last Updated on February 21, 2020


Risk Warning: Your Capital is at Risk

Markets.com is a brand and trademark used by Safecap Investments Limited. It’s a multi-asset broker offering Contracts for Difference (CFD) trading to retail traders. CFDs allow traders to speculate on the price of assets without actually owning them in their accounts. The Markets.com platform enables traders to trade thousands of instruments across several different asset classes. This impressive menu of financial products and its innovative trading platform have made Markets.com a global leader in the CFD brokerage industry.

Markets.com has been recognized by industry professionals for its excellent trading platform and first-rate customer service. In 2020 the firm received the Forex Best Customer Service award at the London Investor Show and the Global Banking & Finance Review award for Best Broker in Customer Service. Markets.com received Best Forex Trading Platform and Best Forex Provider at the 2020 UK Forex Awards.

Traders seeking a competent, reliable online broker with a huge menu of CFDs to trade at competitive spreads would do well to consider Markets.com as their broker. Please remember, while Markets.com is a responsible broker, losses can still exceed deposits. CFD trading is for experienced traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail trader accounts lose money when trading CFDs with this provider. Therefore, you should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This Markets.com review will give readers important facts about the broker and discuss its major strengths and weaknesses.

Quick Compare

Why Choose Markets.com?

Trustworthy broker (We scored Markets.com 85/100 in our broker trust rating)

No phone support available

Quicker platform than most other brokers

Once a trader has added a stop loss or take profit contingency, there is no way to move these levels

Low minimum withdrawal amounts

Not all cryptocurrencies available to trade (most major ones are though)

Nearly 100 indicators for technical analysis

Limited number of tools to draw charts

Free demo account – for life

Lack of news and research resources available

24/5 customer support via email or live chat

What’s Good About Markets.com? What Could Markets.com Do Better?


Overview Multi-asset broker offering Contracts for Difference (CFD) trading to retail investors
Founded 2008
Product CFDs
Markets Bonds
Countries Served Markets.com serves customers in most countries across the globe. See below for restricted countries
Minimum Deposit $100
Fees Traders don’t pay commissions on CFD trades. Instead, they pay a Markets.com spread on each trade.
Regulator(s) The Cyprus Securities Exchange and The Financial Services Board South Africa
Customer Support 24-hour support 5 days a week through email or live chat
Awards 2020 Forex Best Customer Service award at the London Investor Show.
2020 Global Banking & Finance Review award for Best Broker in Customer Service.
2020 Best Forex Trading Platform and Best Forex Provider at the 2020 UK Forex Awards.
Demo Account Yes


Markets.com was founded in 2008 under the name GFC Markets. In 2020 it took the name Markets.com after its owner Safecap Investments Ltd. merged with forex software developer TradeFX. In 2020 Playtech plc, a publicly traded software company acquired TradeFX, and thus Markets.com, for €458 million.

Where Does Markets.com Operate?

Markets.com serves customers in dozens of countries across the globe.

  1. Andorra
  2. Argentina
  3. Austria
  4. Bahrain
  5. Bulgaria
  6. Chile
  7. Croatia
  8. Cyprus
  9. Czech Republic
  10. Denmark
  11. Estonia
  12. Finland
  13. France
  14. Gibraltar
  15. Greece
  16. Hungary
  17. Iceland
  18. Isle of Man
  19. Italy
  20. Kuwait
  21. Latvia
  22. Liechtenstein
  23. Lithuania
  24. Luxembourg
  25. Malta
  26. Mexico
  27. Monaco
  28. The Netherlands
  29. Norway
  30. Oman
  31. Poland
  32. Portugal
  33. Qatar
  34. Romania
  35. Saudi Arabia
  36. Slovakia
  37. Slovenia
  38. Spain
  39. South Africa
  40. Sweden
  41. Switzerland
  42. United Kingdom
  43. United Arab Emirates
  44. Uruguay

The platform is offered in the following languages: English, French, Arabic, Italian, Spanish, Dutch, German, Greek, Norwegian, Russian, Polish, Czech, Danish, Finish, Swedish.

Customers in the following countries and territories are NOT allowed to open accounts due to local laws and regulations:

American Samoa
Democratic People’s Republic of Korea (DPRK)
Hong Kong
Lao People’s Democratic Republic
New Zealand
Northern Mariana Islands
Papua New Guinea
Puerto Rico
South Korea
Syrian Arab Republic
US Virgin Islands

IMPORTANT: CFDs are not available in the USA due to local regulation, and this regulated CFD broker does not accept US citizens or US residents as clients.

Can I Trust Markets.com?

Yes, Markets.com is a safe and secure way to trade CFDs. The firm is regulated by the Cyprus Securities Exchange (CySEC) and the Financial Services Board (FSB) in South Africa and therefore is required to comply with the strict regulations of these agencies (learn more at Markets.com). One such requirement is that the broker must submit financial statements regularly to CySEC to ensure that the firm possesses the adequate capital to operate.

See the table below for exactly which regulator covers you in your country and what protection is offered.

Regulator Countries Covered Protection Offered Additional Protection Offered
Cyprus Securities Exchange (CySEC) Andorra, Argentina, Austria, Bahrain, Belgium, Bulgaria, Chile, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Gibraltar, Greece, Hungary, Iceland, Isle of Man, Israel, Italy, Kuwait, Latvia, Liechenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Monaco, The Netherlands, Norway, Oman, Poland, Portugal, Qatar, Romania, Saudi Arabia, Slovakia, Slovenia, Spain, South Africa, Sweden, Switzerland, United Kingdom, United Arab Emirates and Uruguay. All client funds are held in a segregated client bank account The Investor Compensation Fund may provide up to €20,000 if Markets.com fails.
Financial Services Board (FSB) South Africa FSB ensures consumrs are treated fairly by the financial services providers they deal with, and that they enjoy a safe investment environment

Cyprus Securities Exchange (CySEC)

Markets.com is a trademark owned by Safecap Investments Limited – a Cyprus Investment Firm (CIF) which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08. For more information, you can inspect their CySEC membership details here.

The Cyprus Securities and Exchange Commission is the financial regulatory agency of Cyprus. Cyprus is a member of the European Union and is a financial services industry hub. The country ranks well in the Transparency International league table of countries based on their corruption perception index.

Regulators require Markets.com to segregate all customer funds in separate bank accounts. If Markets.com were to become insolvent for any reason, the firm could not use clients’ assets to pay its creditors. Customer funds also receive protection through CySEC’s Investor Compensation Scheme. This scheme compensates account holders in the event of a brokerage firm’s financial collapse or its inability to make customers whole on their account balances. See the Investor Compensation Fund for more details.

Financial Services Board (FSB)

The Financial Services Board (FSB) oversees the non-banking financial services industry, including financial advisors and brokers. Markets.com, operated by Safecap Investments Limited, is licensed under license number 43906.

Traders should also take comfort in the fact that Playtech plc, the parent company of Markets.com, is publicly traded on the London Stock Exchange main market and is a constituent of the FTSE250. As a publicly traded firm, it must regularly disclose information to the public about its financial health.

Markets.com uses SSL encryption technology to protect its servers from hackers and unauthorized users. The broker only works with PCI-certified international payment service providers. In addition, Markets.com uses firewalls and encryption to protect data transmissions. The firm asserts in its Privacy Policy that it will only share customer information with Safecap and its affiliates and not with any third parties unless required by law.

Inside Playtech’s Office in Gibraltar

Playtech’s Office in Gibraltar via Playtech

Playtech Team at the London Stock Exchange via LSE

Who Runs Playtech plc?

Markets.com is operated by Safecap, a subsidiary of Playtech plc.

Name Position Information
Mor Weizer

Mor Weizer via Playtech CEO Mor has served as CEO of Playtech since 2007. Prior to that, he was CEO of one of the group’s subsidiaries, Techplay Marketing Ltd. Andrew Smith

Andrew Smith via Linkedin CFO Andrew has been the CFO and Executive Director of the company since 2020. Prior to joining Playtech Investor Relations in 2020, he worked in investment banking for ABN AMRO and Deutsche Bank. Paul Hewitt

Paul Hewitt via Linkedin Independent Non-Executive Director Paul is a qualified accountant. He served as Deputy Group CEO and CFO of the Co-Operative Group from 2003 to 2007 and Finance and IT Director of the RAC plc from 1999 to 2003. John Jackson

John Jackson via Freeextrachips.com Independent Non-Executive Director John is a qualified accountant. He previously served as group CEO of James Oliver Holdings Ltd. from 2007 to 2020 and Group Retail and Leisure Director of Virgin Group Limited from 1998 to 2007. Claire Milne

Claire Milne via Financemagnates.com Independent Non-Executive Director Claire holds a master’s degree from The Johns Hopkins University. She is a member of the Law Society of Scotland. Andrew Thomas

Senior Non-Executive Director Andrew has been a member of the Board since 2020. He has worked in accounting and business, primarily in the leisure industry. Andrew is currently chairman of Randalls Limited, a family-owned pub company. Alan Jackson Non-Executive Chairman of the Board Alan has 40 years of experience in the leisure industry. He has held several Board positions in both an executive and non-executive role for several listed UK companies.

Markets.com Trading Products

Markets.com offers customers trading in CFDs on seven different classes of assets:

1) Shares

Markets.com traders have access to markets in 2,000 shares from 12 major markets. Some of the most popular shares available include:


These company shares are from the following countries, and traders can use leverage of up to 1:5 on share CFDs:

  • Italy
  • Australia
  • Netherlands
  • Germany
  • Switzerland
  • USA
  • Belgium
  • UK
  • Spain
  • France
  • Hong Kong
  • Sweden
  • Greece
  • Finland
  • Austria
  • South Africa
  • Denmark
  • Czech Republic
  • Portugal
  • Poland
  • Russia
  • Norway
  • Japan

2) Forex

Markets.com provides markets in more than 50 pairs including all majors, minors and many exotics:

Majors Minors Exotics

3) Cryptocurrencies

Instrument Spreads Leverage(up to)
Bitcoin 140.00 (USD) 01:01
ETHEREUM (USD) 15.00 (USD) 01:05
LITECOIN (USD) 8.00 (USD) 01:05
RIPPLE 0.0300 (USD) 01:05

4) Indices

Markets.com traders can trade more than 25 major indices from over 20 countries including the S&P 500, Dow Jones, NASDAQ, Nikkei, DAX and FTSE 100:

Dollar Index
MSCI Taiwan

5) ETFs

Markets.com traders have access to more than 30 different ETFs across the globe:

MSCI Mexico

6) Commodities

Markets.com provides markets in the most popular hard and soft commodity CFDs globally (learn more at Markets.com):

Brent Oil
Heating Oil
Natural Gas

7) Bonds

Markets.com provides markets on CFDs for several popular bond instruments:


8) Blends

Markets.com blends are baskets of shares that are combined to reflect a shared theme that can potentially be linked to specific market trends or developments. Traders in blends get exposure to a number of shares in specific sectors as a single product.

Instrument Spreads Leverage(up to)
E-Commerce Blend 0.23 (USD) 1:10
Social Media Blend 0.15 (USD) 1:10
US Tech Blend 0.15 (USD) 1:10

Markets.com Account Types

Markets.com keeps its simple and offers only two types of accounts – a demo account and a real money account. Both accounts offer the same features with the only difference being that the demo account uses practice funds.

Demo account holders can keep their accounts open for an unlimited amount of time. In the left panel of the main trading screen, there is a button that allows traders to switch back and forth between their real and demo accounts. Traders on the Markets.com mobile app also have the ability to switch back and forth easily between the demo and real accounts.

Demo accounts receive $10,000 in virtual funds to start and have immediate access to real-time analytics and charting capabilities. Traders can open a real money account with $/€/£ 100. The quantity is the same regardless of the currency used to make the deposit. Both account types come with access to Markets.com 24/5 support and all of the site’s educational materials.

Markets.com Spreads and Fees

Traders don’t pay commissions on CFD trades. Instead, they pay a Markets.com spread on each trade. The broker offers very competitive pricing on all its CFDs including spreads as low as 2 pips on popular currency pairs such as GBP/USD and EUR/USD.

Markets.com informs trades of the minimum spread on each product. However, if market volatility increases, these Markets.com spreads may be greater. Below are the minimum Markets.com spreads for each type of asset:

Shares: Spreads on the more than 2,000 share CFDs available for trading vary greatly by country and liquidity in the underlying shares. Traders should consult the Markets.com website for more details.

Major Currency Pairs

Instrument Spreads in Pips (as low as)

Minor Currency Pairs

Instrument Spreads in Pips (as low as)

Exotic Currency Pairs

Instrument Spreads in Pips (as low as)

Cryptocurrency Pairs

Instrument Spreads in Pips (as low as)
BCHUSD 12.00 (USD)
Bitcoin 25.00 (USD)
Dash 6.00 (USD)
Ethereum 6.00 (USD)
Litecoin 0.80 (USD)
RIPPLE 0.0030 (USD)


Instrument Spreads (as low as)
Amsterdam25 0.19 (EUR)
Australia200 3.00 (AUD)
China50 20.00 (USD)
Denmark20 2.50 (DKK)
Dollar Index 0.05 (USD)
Europe50 2.00 (EUR)
France40 1.25 (EUR)
Germany30 1.20 (EUR)
Greece20 15.00 (EUR)
HongKong45 10.00 (HKD)
India50 5.00 (USD)
Italy40 15.00 (EUR)
JAPAN225 10.00 (JPY)
Moscow50 1.00 (RUB)
MSCITaiwan 0.20 (USD)
Norway25 2.00 (NOK)
Poland20 3.00 (PLN)
SAfrica40 73.00 (ZAR)
Spain35 7.00 (EUR)
SWEDEN30 0.50 (SEK)
Swiss20 5.00 (CHF)
TECH100 0.75 (USD)
UK100 1.20 (GBP)
USA2000 0.40 (USD)
USA30 2.00 (USD)
USA500 0.60 (USD)


Instrument Spreads (as low as)
ACWI 0.20 (USD)
AGQ 0.08 (USD)
ChinaCSI300 0.10 (HKD)
DBC 0.03 (USD)
DEM 0.20 (USD)
DIA 0.60 (USD)
DLN 0.30 (USD)
EWT 0.06 (USD)
EWY 0.25 (USD)
FAS 0.10 (USD)
FAZ 0.10 (USD)
FXE 0.20 (USD)
IDU 0.45 (USD)
IWM 0.35 (USD)
IWO 0.50 (USD)
MDY 0.90 (USD)
MSCI Mexico 0.20 (USD)
QID 0.06 (USD)
QLD 0.25 (USD)
SDS 0.04 (USD)
SFYAX 0.20 (AUD)
SLV 0.03 (USD)
SPXU 0.05 (USD)
SPY 0.40 (USD)
SSO 0.20 (USD)
TBT 0.07 (USD)
TWM 0.07 (USD)
TZA 0.15 (USD)
USO 0.02 (USD)
VTI 0.35 (USD)
XLB 0.20 (USD)
XLE 0.35 (USD)
XLF 0.10 (USD)
XLI 0.20 (USD)
XLK 0.15 (USD)
XLP 0.20 (USD)
XLU 0.15 (USD)
XLV 0.20 (USD)
XLY 0.25 (USD)


Instrument Spreads (as low as)
Aluminum 10.00 (USD)
Brent Oil 0.04 (USD)
Cocoa 5.00 (USD)
Coffee 0.35 (USD)
Copper 0.0055 (USD)
Corn 0.70 (USD)
Cotton 0.30 (USD)
Gold 0.70 (USD)
Heating Oil 0.0020 (USD)
Natural Gas 0.003 (USD)
Oil 0.03 (USD)
Palladium 1.75 (USD)
Platinum 1.50 (USD)
Rice 0.09 (USD)
Silver 0.030 (USD)
Soybean 1.50 (USD)
Sugar 0.04 (USD)
Wheat 0.65 (USD)
Zinc 10.00 (USD)


Instrument Spreads (as low as)
GER10YBond 0.06 (EUR)
Gilt10Y 0.08 (GBP)
JPN10yBond 0.08 (JPY)
TBOND30 0.08 (USD)
TNOTE10 0.06 (USD)

Customers pay no other Markets.com fees, including when depositing and withdrawing funds. There are no hidden fees at Markets.com, and the company is mainly compensated for its services through spread and daily swap charges.

Account Requirements

Markets.com has a simple and straightforward minimum deposit amount for new accounts. Traders pay $/€/£ 100 to open an account – the quantity is the same regardless of the currency. Markets.com services customers worldwide with the exception of a few countries, including the US, where local regulations prohibit traders from opening accounts.

Traders opening an account have several funding choices:

  1. Credit cards: Markets.com accepts Visa, MasterCard and Diners Club.
  2. Wire Transfer: Markets.com allows bank-to-bank or person to institution wire transfers of funds. The broker doesn’t allow cash transfers into any of its bank accounts.
  3. Fast Wire Transfer: This allows traders to wire funds in their local currency, which saves currency conversion fees.
  4. PayPal
  5. Skrill
  6. Neteller
  7. Other methods: Markets.com accepts other country-specific funding methods. Traders should inquire with customer service.

To open an account, traders are taken to the registration page where they fill in some basic information and click the “Create Account” button.

However, before you can trade with Markets.com for the first time, you need to verify your account with the following information:

  1. Proof of Identification
  2. Proof of Residence*
  3. National Client Identifier (NCI)

Enhanced Verification

Proof of Identification

Clear copy of a valid Passport; if this is not available, you have to provide a copy of your National ID or Driver’s license. Passports should be provided at your earliest convenience.

Note that all details must be clearly visible:

  1. Full name
  2. Date of birth
  3. Date of expiry
  4. Photograph
  5. Document’s number and full security strip if applicable

Proof of identification displaying initials will not be accepted as proof of identity.

Proof of Residence
The proof of residence can include items issued by a financial institution, utility company, government agency or judicial authority:

Acceptable Form of Proof Unacceptable Form of Proof
Bank statement Receipts
Credit card statement Hand written biils
Electricity bill Invoices for purchasing goods
Water or gas bill
Landline phone bill
Internet or TV service
Municipality statements

*Proof of residence documents must have been issued within the last six months. All documents provided must be issued in the name of the client; third-party documents will not be accepted.

National Client Identifier (NCI)

As part of regulatory reporting obligations, Markets.com is required to verify your NCI. To validate your NCI, you need to provide them with the documents indicated above. Based on your nationality, additional documentation may be required such as a clear copy of a Citizen Card, Taxpayer card, Passport, National Insurance number, National Identification number, document indicating your fiscal code, etc.

In cases where documents with the highest priority are not available, Markets.com may proceed by creating a CONCAT. The CONCAT will be created by using information that you have already provided during your registration, such as your date of birth and name.

As part of your account verification, additional information might be required in order to meet regulatory requirements. Information that might be requested from you for these purposes can include:

  • Proof of Phone Number – This can be a document verifying your phone number (mobile or landline). This can be a phone bill, a tax statement, a bank statement, a payslip or any other official document issued by a third party which carries your name and phone number. The document must indicate your full name as per your identification documents. In order to approve the submitted document, an employee from Markets.com will contact you on the phone number indicated in the document.
  • Bank Confirmation Letter – Letter from your banking institution, based in the EEA or an equivalent country, which includes and verified your Full Name, Address, Date of Birth and Passport/ID number. If the passport or ID number is different to the one on the identification document previously submitted Markets.com will require a clear copy of it.

Once registered, traders have access to both demo and real trading accounts.

CFD traders on the Markets.com platform have access to varying amounts of leverage depending on the products they are trading:

Shares: 1:5

Major Currency Pairs: 1:30

Non-Major Currency Pairs, Gold and Major Indices: 1:20

Cryptocurrencies: 1:2

Commodities: 1:10 (other than gold and non-major equity indices)

Markets.com margin requirements for each trade appear in the trade window when opening a ticket. Traders on the Markets.com platform can see in real time the amount of margin they have used and the margin available. When a trader’s margin ratio (calculated as equity divided by initial margin) decreases, the account bears a greater risk of having its positions closed out by Markets.com. Traders can find the precise Markets.com margin requirements for each security on the website as well as on the trading platform.

Markets.com Withdrawal

Withdrawing funds from your account is easy. You can only withdraw funds using the same method that you used to deposit them, and to the same account as previously used to deposit.

Markets.com does not charge any withdrawal fees (Please keep in mind, however, that some banks may charge transaction fees.)

There is a minimum withdrawal amount for every payment method as listed below:

  • Credit/Debit card: minimum 10 USD/EUR/GBP
  • Wire Transfer: minimum 100 USD/EUR/GBP and 20 EUR within EU
  • Skrill/Neteller: minimum 5 USD/EUR/GBP

Markets.com Platform Review

The Markets.com platform has a modern look and an elegant design. The designers developed the platform with HTML 5, which gives it a speed advantage over many other active trading platforms. The layout makes it very easy to switch between different panels such as watchlists, positions, charts, and news.

The platform allows easy customization of watchlists. Traders can click on a favorite icon and a trading instrument gets added to the list.

The trade ticket has features that both novice and experienced traders will appreciate. The large fonts and eye-catching design allow traders to quickly send orders with one click on a symbol and a second click on the send button. New traders will find this ticket very easy to use.

More sophisticated traders will appreciate some of the advanced functionality on the ticket. The colorful design incorporates sentiment features, which allow a trader to easily see whether other traders on the platform are buying or selling the instrument. Traders also have the ability to easily add stop loss and take profit conditions to their orders by simply checking a box and adding the prices. One of the very nice features is the ability to add entry limits and entry stops to orders. The ability to add these contingencies in the same window sets this ticket apart from other trading systems.

However, one of the problems with the Markets.com trade ticket is that once the trader has added a stop loss or take profit contingency to an order, there is no way to move these levels. For a platform designed to appeal to sophisticated and advanced traders, this is a flaw that the developers must address.

The charting features on the Markets.com platform are a mixed bag. On the one hand, the platform offers close to 100 indicators for technical analysis, which exceeds the functionality available on many comparable platforms. The Markets.com Trader platform also offers proprietary indicators for forecasting market direction, which allow traders to automate their technical analysis. In addition, the charts incorporate the sentiment tools so traders can gauge market opinions while analyzing charts.

The charting software also incorporates the trader’s orders and stops on the display, which is a very nice feature not available on many other platforms. The trader’s activity is shown with an order number and a dotted line with trading levels. This feature allows traders to see how their stops or take profit levels compare with key technical levels in the trading instrument.

However, Markets.com makes available a very limited number of tools to draw charts. Traders can only produce charts using bars, lines or candlestick. This is puzzling considering the number of technical indicators the software supports.

A very nice feature of the Markets.com platform is that the different panels within the main trading screen link with one another. For example, when a trader clicks on a symbol, the chart and news tabs populate with information on that symbol. While this feature is not unique to Markets.com, it provides for the integration of information and is helpful for active traders.

The Markets.com trading platform also makes its charts visible no matter where the trader navigates on the platform. This feature will be especially useful for technical traders. Traders can search their positions and watchlists or pull up a trading ticket while continuing to view a chart.

One very disappointing feature of the Markets.com platform is the paucity of news and research resources available to traders. Fundamentally driven traders will likely have to navigate outside of the platform to obtain more in-depth coverage of the instruments they are trading. In fact, it seems that the designers of the platform intend for it to be used more by technical than fundamental traders. This contrasts, for example, with the CMC Markets platform, which integrates fundamentals such as economic news releases with its analysis tools.

Trading Tools

Safecap Investment Limited, the parent company of Markets.com, has collaborated with TipRanks, a leading provider of aggregated Big Financial Data, to produce certain tools for Markets.com traders:

  1. Daily Analyst Recommendations (DAR): This tool is available to all traders on the Markets.com platform. It collects all the public stock recommendations by leading financial analysts and presents it to as real-time data.
  2. Insiders’ Stuff: A tool for analyzing the forms filed by insiders with the U.S. Securities and Exchange Commission (SEC) reporting their transactions. This enables traders to see whether insiders are buying or selling the shares they are trading.
  3. Social Sentiment: A tool for accessing the world’s most influential financial bloggers in real-time. Markets.com traders can get the latest and most updated sentiment from the various financial websites, media channels and blogs.
  4. Hedge Funds’ Activities (HFA): A tool for analyzing the sentiment of your holdings based on the value of shares bought or sold by hedge funds in the last quarter. With HFA, you can view the holding change and resulting holding value of the stock at hand, along with the action of the hedge fund’s transaction. The trends can be seen quarter over quarter since 2020.

This is a social tool for measuring the sentiment of a particular financial instrument among traders in the Markets.com community. The Markets.com platform shows the trading trends of Markets.com traders and updates every few minutes. The displayed percentages of an instrument’s sentiment value are calculated to the nearest 1% and are derived from real data of live open and recently closed positions.

Markets.com indicators offer insights about market and trading instrument momentum, forecasted volatility and movement, and other data.

Markets.com offers a tool for filtering, searching and finding the top trending instruments in real-time market conditions. The categories for trending instruments include:

  • Top Risers
  • Top Fallers
  • Top Volatile
  • Top (Markets.com) Trader Trends
  • 52-Week High
  • 52-Week Low
  • Uptrend
  • Downtrend
  • 30-Day High
  • 30-Day Low

Events and Trade

Events and Trade is a Markets.com tool for taking advantage of news cycle and events that might affect the price of instruments traded on the platform. The tool sorts through the annual economic calendar and finds potential trading opportunities on a variety of currency pairs over a number of different time frames. This tool is especially useful for fundamentally driven traders who have opinions about upcoming news events.

Markets.com Education Resources

The Markets.com Education Center offers a comprehensive suite of educational resources for traders looking to improve their trading. The tools are free for Markets.com customers:

Live Webinars: Markets.com holds live webinars several times a month on topics of interest to active traders. Webinars cover topics ranging from live trading to cryptocurrencies.

Economic Events: Markets.com has a section of its website dedicated to helping traders decipher and understand key economic events such as the Fed and ECB decisions on interest rates or economic releases such as gross domestic product (GDP) or the producer price index (PPI). The information is presented in a series of short videos.

The News and Analysis section of the Markets.com website contains information on important fundamental events:

Economic Calendar: Contains key releases from different countries. The visually appealing layout is organized by date with a flag of the country next to each announcement.

Initial Public Offering (IPO): Contains news on new share offerings.

Non-Farm Payrolls Report (NFP): Contains video analyses of NFP releases.

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