In this Markets.com review, more information will be presented so that the reader can make an informed decision. SafeCap Investments Limited is the parent company of Markets.com and is based in Cyprus. The main regulating body for this Forex broker is the Cypriot body CySec while the other regulating body for this company is United Kingdom’s FSA. SafeCap Investments Limited was formed in 2006 under the name of ACL or Arbat Capital Limited. In 2009, it reached its present form and received Forex operations regulatory approval in 2008. Since then it has grown tremendously.
Account types with this particular broker have more options than most of the other Forex brokers. Deposit minimums are $100, including a $50 bonus. All of this is subject to conditions and terms of a mini account. Limits here are $2,499.00for a mini account. It also provides a welcoming bonus of $250. When it comes to standard accounts, the deposit minimum is $2,500. One bonus for using this account is the “News to Mobile” as well as getting a welcoming bonus of $2,000. This can be withdrawn after certain conditions are met. If traders open an account and make a deposit initially of $20,000 they will be upgraded to a VIP account.
Along with the welcoming bonus they receive free FX Signals by SMS along with the News to Mobile service. Leverage can range up to 200:1 for traders with this broker. Increasing levels of options are presented to corporate clients. Trading software for this particular broker features four different software programs to choose from. A trader can choose from Markets.com Mobile Trader, Markets.com Trader, Markets.com Java Trader and MetaTrader 4. MT4 is the most popular option with a program that is state of the art and offers a wide range of tools, greater speed, EA’s and charting.
Markets.com Trader is a platform that works with Windows and facilitates things with a flexible interface that is drag and drop. It comes with technical tools that can be used in real time. Java Trader is perfect for those that are not at home all the time. It comes with a secure Java platform and needs no installation. Practice Trader is also based on this same software and gives another reason to get an account with this broker. Mobile Trader is specifically for cell phones giving easy and quick access to the markets.
As far as withdrawals and deposits go, acceptable deposits are debit or credit card transfers such as Diner’s Club, MasterCard and Visa. No fees are charged during withdrawal or deposit. Withdrawals are processed by withdrawal form and in case of banks or other mediums can take up to three days. Credit cards are processed immediately. Customer services are brilliant and available 24/7 with multiple local phone numbers, live chat and email. Safety is also first with this company. They rise above the standard of the industry. Use of safeguards both physically and technical as well as SSL and firewalls that are rigorous protects the transmissions. With Markets.com, it is also regulated by two different regulatory bodies.
This is a very young company at four years old and is rock solid. The website is very educational as well as informational. This is a great option for anyone who wants to trade in the Forex market. This broker is competent, abides by the regulation, excellent customer service and solid concept. Create a Best Markets.com review for yourself.