Markets.com

Minimum deposit 100 GBP
Minimum trade 1 GBP
Mobile App available? Yes
Demo Account available? Yes
Signal Service available? No

At Markets.com, you can trade in binary options, foreign currencies and CFD:s. The selection of binary options includes options where the underlyings are commodities, stocks, forex or indices.

Why are so many commodity binary option traders using Markets.com? Here are a few reasons:

  • It is possible to carry out very small trades here (as low as 1 GBP). This means that you don’t need a big bankroll to get started, and that you can carry out fairly complex diversification schemes and risk spreading even with a pretty limited bankroll.
  • Markets.com doesn’t charge withdrawal fees.
  • An open position can be closed by the trader at any time.

Trading platform

Markets.com is both a binary options and CFD broker, which can make the platform interface a little daunting at first. The platform is bespoke, so you will not have encountered it with any other online broker. We recommend that you use the free demo account to familiarise yourself with the platform before you do any real-money trades. You need to sign up with your email address to get access to a demo account filled with 100,000 GBP in demo-money.

When trading in binary options, you start out by selecting asset class for the underlying, e.g. commodities. You then get to filter your request further by making sub-choices. When you have selected your underlying asset, a price graph will be displayed on the right hand side.

You can use the star icon to add assets to you favourite list. This makes it easier to find your favourite assets when you’re ready to buy more binary options.

Mobile app

Mobile trading apps are available for Android (version 4.0 and above) and iOS (version 6.0 and above). Through the trading app, you get access to the same underlying assets – including commodities – as when you access Markets.com through your web browser.

Banking

A lot of different banking methods are accepted by Markets.com, including several credit cards, debit cards and e-wallets (e.g. Skrill and Neteller). You can also use wire bank transfer.

Markets.com charges no withdrawal fees, which is a great thing that has been very well received by the traders.

Other features

  • Advanced tools available for charting and technical analysis. This includes convenient chart scaling, overlay technical analysis (Bollinger bands, moving averages, etc), the option to set your own moving average time frames, and the ability to annotate by hand (add bespoke trend lines, channels, support, resistance, etc).
  • A lot of high-quality tutorials, including tutorials on risk management. You will also have access to a well-stocked eLibrary and Live Webinars.

About Markets.com

Markets.com is operated by Safecap Investments Limited. This company is licensed by CySEC; license #092/08. The brand is a subsidiary of Playtech, a company listed on the London Stock Exchange.

Trader funds are kept segregated from company funds, to protect traders in case of corporate bankruptcy or similar.