JustMarkets - #1 Trading Platform in Africa

Markets.com Review

Markets.com is a global forex and CFDs online trading and investment broker that was established in 2008. The fintech company is a subsidiary of Finalto Trading Limited, a financial division of Playtech PLC listed on the London Stock Exchange and is an FTSE2 50 listed company. Finalto Ltd provides B2B solutions to enable retail brokers to offer their proprietary trading platform, CRM software, business intelligence systems and liquidity technology. Markets.com allows you to trade currencies and CFDs on stocks, commodities, indices, EFTs and cryptocurrencies. The brokerage is licensed and regulated by several top-tier authorities and is regarded as a safe, reliable broker for forex and CFDs traders in Africa.

Overall Rating

Min Deposit

USD 100 



Trading Desk

MT4, MT5



Total Pairs


Islamic Account


Trading Fees


Account Activation

24 Hours

Is Markets.com regulated?

Yes, Markets.com is licensed and regulated by top-tier authorities under different entities.

  • Markets.com is operated by Safecap Investments Limited (Safecap), and regulated by CySEC under license no. 092/08 and FSCA under licence no. 43906
  • Markets.com operated by Finalto (BVI) Limited is regulated by the BVI Financial Services Commission (FSC) under licence no. SIBA/L/14/1067
  • Markets.com operated by Finalto Trading Limited is regulated by the Financial Conduct Authority (FCA) under licence number 607305
  • Markets.com is operated by Finalto (Australia) Pty Ltd and is regulated by the Australian Securities and Investments Commission (ASIC)

Is Markets.com regulated in South Africa?

Yes, Markets.com is operated by Safecap Investments Limited (Safecap) and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under license number 43906.

Is Markets.com legit?

Yes, Markets.com is a legitimate financial services provider. The fintech company has been operational since 2008. It is licensed and regulated by four top-tier regulatory authorities: CySEC, FCA in the United Kingdom, ASIC in Australia, and the FSC in the British Virgin Islands.

Markets.com is a subsidiary of Finalto Trading Limited, a financial division of Playtech PLC listed on the London Stock Exchange and is an FTSE2 50 listed company. As part of Finalto Limited, Markets.com can deliver world-class trading tools, expertise and knowledge and operates in a highly secure, protected trading environment.

Does Markets.com offer a good trading experience?

Markets.com offers an excellent trading experience in terms of regulatory compliance, security, trading platforms, market analysis and educational resources.

Trading security

Markets.com is regulatory compliant and regarded as safe to use by forex and CFDs traders in Africa. Markets.com follows strict regulatory guidelines for trader protection and has implemented industry protocol to secure their clients’ money and information.

Regulated broker

Markets.com is regulated in four jurisdictions: Cyprus (CySEC), United Kingdom (FCA), Australia (ASIC) and British Virgin Islands (FSC).

Segregated accounts

Markets.com keeps client funds in a segregated account held by leading banks. The brokerage cannot access clients’ funds to pay for company liabilities and expenses. Client funds are held in ring-fenced accounts separate from Markets.com’ financial accounts.

Negative balance protection

Markets.com provides negative balance protection, ensuring an automated adjustment of your account balance to zero should it become negative after a stop-out order. Markets.com brings your account back to zero at no extra costs, which means you do not lose more than your deposited funds.

SSL-protected personal area

Markets.com uses secured technology to safeguard its clients’ data and deposit and withdrawal transactions. SSL-secured Personal Area is protected with 128-bit encryption, meaning browsing is safe, and data is inaccessible to any third parties.

Two-step authentication

Markets.com requires two-step authentication to protect your trading platform, deposits and personal information from hackers using SMS and backup codes. Markets.com uses 3D secure technology when processing credit and debit cards, making all Visa and Mastercard transactions transparent and safe.

Investor Compensation Fund

Markets.com retail clients are protected by the Investor Compensation Fund, up to €20 000 depending on eligibility and criteria. In the unlikely event Markets.com becomes insolvent, the company has an insurance cover to the value of €1 million and covers clients in all its regulatory jurisdictions.

Advanced trading platforms

Markets.com supports the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms and also provides two user-friendly, efficient proprietary platforms called Marketsx (for trading) and Marketsi (for investing).

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MetaTrader 4

MetaTrader is an electronic trading platform that the developers, MetaQuotes Software, pioneered. The software company released a few trading software applications but hit the jackpot in 2005 with a significantly enhanced version called MetaTrader 4. MT4 is now the most popular and widely-used online ret trading platform for speculative forex traders and is offered by most leading brokers worldwide.

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What is MetaTrader 5?

MetaTrader 5 (MT5) was developed by MetaQuotes Software Corporation and launched in June 2010. MT5 is not a new and improved version of MT4. It was created to broaden MetaTrader’s functionality from a single-market trading platform to a multi-market platform, offering traders an advanced trading platform and excellent tools to trade a broader range of financial instruments.

What are Marketsx and Marketsi?

Marketsx is an award-winning proprietary trading platform operated by Finalto Group and provided by its subsidiary broker, Markets.com. Marketsx offers free access to a comprehensive range of fundamental, technical and sentiment-based trading tools, rich features to trade multiple assets on the global market, and real-time interactive access to various forex and CFDs trading experts.

Marketsi is a proprietary trading platform owned by Finalto Group and offered by retail brokers such as Markets.com to invest in long-term, medium-term and short-term financial instruments. Marketsi is an innovative investment platform, providing an Investment Strategy Builder tool and a VIP service to help you decide what to invest and when to invest.

Market analysis and education

Markets.com publishes an extensive array of market analysis and research tools, including fundamental, technical and sentimental data analysis. Bloggers’ Opinions is a valuable Marketsi tool, providing access to the opinions of 50 000 financial bloggers to determine the sentiment on financial assets. Analyst Recommendations publishes leading analysts’ thoughts on critical stocks, providing you with up-to-date information on market sentiments.

Markets.com has a learning portal called Knowledge Centre that provides clients with valuable trading and investment information. Xray is a proprietary financial live-stream service, offering clients essential financial news, expert opinions and commentary.

What products does Markets.com offer?

Markets.com is a multi-asset forex and CFDs broker. Clients use the MT4, MT5 or a proprietary trading platform called Marketsx to trade currency pairs and CFDs on commodities, stocks, indices, bonds, ETFs and cryptocurrencies with competitive spreads and tight margins in normal trading conditions.

Forex 50 plus major, minor and exotic pairs from as low as 0.0 spreads
Commodities CFDs on commodities inc. oil, gas and noble metals
Shares CFDs on largest brands inc. Amazon, Facebook, Apple, Microsoft, Alphabet
Indices CFDs on global indicators inc. US100, DOW30, S&P500, FTSE100, AUS200
Bonds Trade government bond prices inc. US TBond, GER10Y, US TNote, Gilt10Y
ETFs Trade ETFs on financial stocks inc. XLF, QQQ, ChinaCSI300, Euro Trust
Cryptocurrencies CFDs on popular crypto inc. Bitcoin, Litecoin, Ripple, Ethereum

Does Markets.com have Nasdaq?

Yes, Markets.com offers NASDAQ-100 (US100). US100 is traded as a futures CFDs on the MetaTrader and Markets.com trading platforms. The US-100 is a market capitalisation-weighted index containing 100 of the largest, most liquid publicly-traded non-financial businesses on the Nasdaq composite index. The US100 is one of the most significant large-cap growth indexes globally and an essential barometer for the US economy in general.

How to trade forex with Markets.com

Forex traders cannot directly access the global financial markets. You can only trade these instruments through a trading platform hosted by a regulated forex and CFDs broker.

To start trading the financial markets with Markets.com, register with the broker and follow the easy steps to verify your identity and set up a trading account. Deposit funds when your live trading account has been approved and start trading, or you can practice on a free demo account with access to $10 000 worth of ‘fake’ money.

How to open a live Markets.com trading account

  1. Open the official website for Markets.com
  2. Click on Create Account
  3. Fill in the required fields to supply personal information
  4. Select a memorable and secure password to protect your account
  5. Read and accept the terms and conditions
  6. Verify you are older than 18 years of age
  7. Submit your application
  8. Access your dashboard
  9. Choose to practice of the free demo account or make a deposit to trade live with real funds

What trading accounts does Markets.com offer?

Markets.com offers three types of online trading accounts: retail, professional and Islamic swap-free account.

Retail account

Min deposit



From 0.60 pips on EUR/USD

Professional account

To open a professional account with Markets.com, you need to meet at least two of the following criteria:

  • the size of your financial instrument portfolio exceeds €500,000, including cash deposits
  • you work or have previously worked in a professional capacity in the formal financial sector for at least one year
  • you have carried out transactions on the relevant markets in significant sizes, at an average frequency of ten per quarter over the previous four quarters

Does Markets.com offer a free demo account?

Yes, Markets.com offers a free demo account on the MT4, MT5 and Marketsx trading platforms with $10 000 virtual money access. Markets.com clients can register and sign up for a free demo account. It is instantly available to start trading virtual (fake) money, and no minimum deposit is required. You can trade forex in real-time under actual market conditions with zero risk of losing real money. Once beginner traders learn how to trade on a free demo account, they are ready to open a live trading account.

Does Markets.com offer an Islamic account?

Yes, Markets.com Islamic Account offers an Islamic swap-free account for Muslim faith traders. No rollover or swap interest is charged on open positions held overnight; only an administration fee is charged on open positions. The Markets.com Islamic trading account for clients of the Muslim faith to participate in online forex trading while conforming to Sharia Law.

Markets.com deposit and withdrawals

How to deposit money into a Markets.com account

Funds can be deposited into a Markets.com trading account in different ways; via credit and debit cards, bank wire transfer and eWallet payment systems such as PayPal, Neteller and Skrill.

  1. Login to your Markets.com profile
  2. Select the account you wish to fund
  3. Click on Payments
  4. Click on Deposit
  5. Choose the amount you want to deposit
  6. Choose your preferred deposit method
  7. Click Proceed to Pay
  8. Confirm your deposit details

Markets.com does not charge a deposit fee.

How to withdraw money from your Markets.com account

Profits can be withdrawn from a Markets.com account using the same method as your deposit. You are required to provide a bank statement as proof that you are the bank account holder before the withdrawal is approved.

Markets.com does not charge a withdrawal fee.

How long do Markets.com withdrawals take?

Markets.com processes withdrawals within 24 working hours. The time it takes for funds to show in your bank account depends on the financial institution you use and the method used to withdraw from your Markets.com trading account.

What are Markets.com fees for deposits and withdrawals?

Markets.com does not charge a fee for deposits or withdrawals processed via credit card. Markets.com charges an inactivity fee.

What awards has Markets.com received?

Markets.com is an award-winning forex and CFDs broker. Most recent awards include:

  • Best Forex Provider 2017, UK Forex Awards
  • Best FX Platform 2017, UK Forex Awards
  • Best Forex Trading Platform – Middle East 2020, UK Forex Awards

FAQs: Markets.com

Does Markets.com have a Welcome Bonus?

Yes, Markets.com offers a First-time Deposit Bonus in certain jurisdictions.

Can I start trading with no money in my live Markets.com account?

No, you are required to make an initial deposit to open and start trading a live Markets.com account.

Does Markets.com have a mobile app for forex trading?

Yes, Markets.com offers an easy-to-use mobile app available on AppStore and Google Play.

Where is Markets.com based?

Markets.com is based in Limassol, Cyprus.

Who is the CEO of Markets.com?

The CEO of Markets.com is Joe Rundle.

Is Markets.com available for forex traders in Africa?

Yes, Markets.com is available to forex and CFDs traders in Africa.

Does Markets.com offer online support?

Yes, Markets.com offers 24/5 dedicated Customer Support in multiple languages. You can contact a Markets.com representative via Live Chat, phone or email.

Website Markets.com

Telephone +35 722 22 2121

General Enquiries [email protected]


Forex and CFDs are complex instruments and are associated with a high risk of losing money rapidly due to leverage and margin. You need to understand how forex trading works and decide whether you can afford to take the risk of losing money on trade orders that do not go your way.

Forex Trading Africa annually reviews brokers and financial assets and provides information to help online retail traders better understand the global financial markets. The information provided is meant to grow your knowledge and expertise in financial trading and must not be construed as personal advice.

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