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Markets.com Review

Overall, Markets.com is very competitive in terms of its trading fees and spreads. Pepperstone is considered low-risk and is regulated by ASIC, BaFin, CMA, CySEC, DFSA, FCA, and SCB. Markets.com has an overall Trust Score of 97% out of 100Markets.com is currently not regulated by the CBN.

Updated : July 7, 2022

Jump to:

005 regulations book

Regulation and Safety of Funds

005 feature selection

Account Types and Features

006 add user

Account Registration

002 candlestick

Range of Markets

007 fees

Fees

001 cash withdrawal

Deposits and Withdrawals

003 research

Education and Research

002 affiliate marketing

Affiliate Program

008 auction

Final Verdict

004 review

Pros and Cons

001 question

FAQ

Overall Rating

Min Deposit

USD 100 / 41459 NGN

Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

Trading Desk

MetaTrader 4, MetaTrader 5, Markets.com propietary platform

Crypto

Yes

Total Pairs

67

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Markets.com Overview

Markets.com Overview

👉 Overall, Markets.com features some of the best proprietary trading platforms in Nigeria. Apart from offering more than 8,000 tradable financial instruments spanning a wide range of asset classes, Markets.com is known for its sophisticated and scalable trading systems that were launched in 2008.

 

👉 Even though the Central Bank of Nigeria does not regulate Markets.com in Nigeria. However, despite this, Markets.com is well-known and recognized, with regulations through ASIC, CySEC, FSCA, FCA, BVI FSC.

 

👉 If Nigerian traders are looking for an online trading platform with a wide range of account choices and features, Markets.com is a wonderful place to start. Markets.com operates as an essential part of Finalto, which is a subsidiary of the popular Playtech PLC. In addition, Playtech PLC is listed on the London Stock Exchange (LSE) Main Market and is a component of the FTSE 250 Index.

 

👉 This Markets.com review will provide traders with the details that they need to consider whether the broker is suited towards their unique trading objectives and needs.

 

Distribution of Traders

Markets.com Distribution of Traders

👉 The distribution of traders with Markets.com is as follows:

➡️️​ Argentina – 10.8%

➡️️​ Colombia – 9.2%

➡️️​ Denmark – 9%

➡️️​ United Kingdom – 8.4%

➡️️​ South Africa – 6.8%

 

Popularity among traders who choose Markets.com

🥇 While Markets.com does not occupy a large market share in Nigeria, the broker does accept Nigerian traders. Markets.com is part of the Top 100 brokers for Nigerian traders.

Markets.com At a Glance

🏛 HeadquarteredThe British Virgin Islands
🏢 Nigerian Based OfficeNo
✔️ Accepts Nigerian Traders?Yes
📊 Year Founded2008
📞 Nigerian Office Contact NumberNone
📲 Social Trading Platforms• Facebook
• Instagram
• Twitter
• YouTube
⚖️ RegulationASIC, CySEC, FSCA, FCA, BVI FSC
💯 License Number• Cyprus (Safecap Investments) – 092/08
• British Virgin Islands (Finalto) – SIBA/L/14/1067
• South Africa (Finalto Pty Ltd) – 46860
• South Africa (Safecap Investments Limited) – 43906
• United Kingdom (Finalto Trading Ltd)- 607305
• Australia (Finalto) – ABN 82158641
⚖️ CBN RegulationNone
🤝 Regional RestrictionsThe United States, Japan, Canada, Belgium, Israel, New Zealand, Russia, Hong Kong, and several other regions
☪️ Islamic AccountYes
📊 Demo AccountYes
📈 Retail Investor Accounts2
✔️ PAMM AccountsNo
📈 Liquidity ProvidersSeveral Tier-1 partnerships, banks, and others
💵 Affiliate ProgramYes
✔️ Order ExecutionMarket and Instant
✔️ Execution Venues0.8 pips EUR/USD
📊 Average spreadVariable, from 0.0 pips EUR/USD
📞 Margin Call50%
🛑 Stop-Out50%
📉 Minimum Trade Size0.01 lots
📈 Maximum Trade Size100 lots
✔️ Crypto trading offered?Yes
✔️ Offers an NGN Account?No
🤝 Dedicated Nigerian Account Manager?No
📈 Maximum Leverage1:300
📊 Leverage Restrictions for Nigeria?None
💵 Minimum Deposit (₦)41,000 Nigerian Naira
✔️ Nigerian Naira Deposits Allowed?No, only USD, ZAR, GBP, and EUR
💰 Active Nigerian Trader Stats1.3 million
🤝 Active Nigerian-based Markets.com customersUnknown
💰 Nigeria Daily Forex Turnover$1.25 million+
💵 Deposit and Withdrawal Options• Bank Wire Transfer
• Credit Card
• Debit Card
• Skrill
• Neteller
💳 Segregated Accounts with Nigerian Banks?No
💻 Trading Platforms• MarketsX
• Marketsi
• MetaTrader 4
• MetaTrader 5
• MarketsX App
✔️Tradable Assets• Shares
• Bonds
• Cryptocurrencies
• Forex
• Primary CFDs
• ETFs
• Indices
• Blends
• Commodities
💵 Offers USD/NGN currency pair?No
📊 USD/NGN Average SpreadN/A
📈 Offers Nigerian Stocks and CFDsNone
📊 Languages supported on WebsiteEnglish, Spanish, Thai, Vietnamese
🤝 Customer Support LanguagesEnglish, French, Spanish, Italian, Arabic, German, Bulgarian
📞 Customer Service Hours24/5
👥 Nigerian-based customer support?No
💰 Bonuses and Promotions for NigeriansNone
📚 Education for Nigerian beginnersYes
📊 Proprietary trading softwareYes
📈 Most Successful Nigerian TraderUche Paragon ($20 million net worth)
✔️ Is Markets.com a safe broker for Nigerians?Yes
📈 Rating for Markets.com Nigeria7/10
✔️ Trust score for Markets.com Nigeria97%
👉 Open An Account 👉 Open Account

Regulation and Safety of Funds

Markets.com Regulation And Safety

👉 Several regulated firms are part of the Markets.com group, which provides worldwide service. Europe, the UK, Australia, and South Africa are all represented by the organization’s offices. It is the responsibility of each office to be governed by the appropriate authorities in their area.

 

👉 They can give a more relevant product based on where the trader is situated, including local rules, since Markets.com is so large. Australia’s Securities and Investments Commission (ASIC) and Cyprus’ Securities and Exchange Commission (CySEC) regulate Markets.com AU and Markets.com CY, respectively.

 

👉 Regulated by the Financial Sector Conduct Authority (FSCA), Markets.com SA is based in South Africa (FSCA). The Financial Conduct Authority oversees and regulates Markets.com UK (FCA). The BVI Financial Services Commission (BVI FSC) is also responsible for regulating the worldwide corporation.

 

👉 All aspects of their business, including financial reporting, asset management, segregation of client assets, and other considerations, must now be governed by stringent regulatory and compliance standards across many countries.

 

👉 Segregated bank accounts protect Markets.com clients’ cash from being utilized for any other reason. Negative balance protection also helps traders.

 

👉 According to the Financial Services Compensation Scheme, investors who meet the criteria may be eligible for up to €20,000 in compensation from CySEC, the EU (UK clients).

 

👉 As a non-EU/UK applicant, you will not be protected by the Investor Compensation Fund or the Financial Services Compensation Scheme when applying to a non-EU/UK firm.

 

👉 It is the responsibility of each Markets.com customer or prospective customer to choose the Markets.com solution that best matches their specific needs and goals. In addition, EU/CySEC customers and UK clients are not eligible for compensation from the Investors Compensation Fund and the Financial Services Compensation Scheme, respectively.

Account Types and Features

Markets.com Review Account Types

👉 For investors and traders, Markets.com offers a wide range of investment and trading accounts with easy-to-understand fee schedules and the best trading conditions accessible.

 

👉 Traders who adhere to Sharia law may convert their live trading account to an Islamic Account, which avoids overnight fees. Additionally, Markets.com offers a useful and comprehensive practice demo account that can be used for several different purposes by beginners and professional traders.

 

Live Trading Accounts

MarketsX Account

Markets.com Review MarketsX Account

👉 When it comes to trading fees, Markets.com aims to be as open as possible so that traders can make educated judgments. Customers of Markets.com can see exactly how much their trades will cost before they are executed.

 

👉 When compared to other trading platforms, the spreads on the MarketsX Account are exceptionally minimal. Customers in Nigeria who want the greatest service and lowest spreads can go no farther than the MarketsX platform from Markets.com.

 

Account FeatureValue
📉 Minimum Deposit41,000 Nigerian Naira
📊 Average SpreadsFrom 0.8 pips on major forex pairs
💸 CommissionsNone
💵 LeverageUp to 1:300 for non-EU traders
💻 Trading PlatformsMetaTrader 4, MetaTrader 5, MarketsX and Marketsi
📞 Customer Support OfferedYes, 24/5
🚨 Trading SignalsYes, from experienced traders
🔧 Trading Tools offeredYes, in addition to market news and analysis
📲 Trading Alerts and NotificationsYes, customizable alerts
📱 Range of MarketsMore than 8,000 financial instruments

 

👉 This account comes with additional features such as, but not limited to:

➡️ Nigerian traders can use fundamental, technical, and sentimental analysis on markets

➡️ Advanced charting capabilities

➡️ Financial commentary from ForexLive.com

➡️ Thomson Reuters Stock report

➡️ Fast and reliable trade execution speeds

 

Marketsi Account

Markets.com Review Marketsi Account

👉 A full investment account, the Marketsi Account provides traders with competitive trading conditions, clear fees, and great tools and information to help them make informed and right investment decisions.

 

👉 For the first three months, Nigerian traders who open a Markets.com share dealing account are exempt from paying commissions. After three months of trading, investors might expect to pay as follows:

➡️ US shares – from 2c and a minimum of 15 USD

➡️ UK shares – from 0.1% and a minimum of 8 GBP

➡️ EU shares – from 0.1% and a minimum of 10 EUR

➡️ AU shares – from 0.1% and a minimum of 10 AUD

 

👉 The Markets.com share dealing account has unique trading criteria for Nigerian traders. The following are examples of such circumstances:

➡️ Stock trading accounts do not have inflated spreads to contend with.

➡️ Custody fees start at 0.15%, with a monthly minimum of 5 EUR. A monthly fee of 10 EUR will be levied to investors once the first period of no commission charges has expired.

➡️ Currency conversion fees of 0.50% will be applied to all transactions during the commission-free period, even if the account currency is not the asset currency. There is a 1% currency conversion penalty after the commission-free period ends.

➡️ Stamp duty on UK shares starts at 0.5%, so keep this in mind when investing.

➡️ A 0.30% Financial Transaction Tax is levied on all large-cap French stocks (FTT)

➡️ There is a $20.70 charge for every $1 million traded on US exchanges.

➡️ US shares are charged an administrative fee ranging from $0.05 to $0.005 per share.

 

👉 Finally, traders from Nigeria who use Markets.com to transact in stocks may be subject to stock exchange fees:

 

Stock ExchangePrivate InvestorsProfessional Investors
Australia20 AUD (6,000 NGN)95 AUD (28,000 NGN)
NASDAQ1 USD (400 NGN)24 USD (9,900 NGN)
BATS Europe25 GBP (13,600 NGN)
New York Stock Exchange1 USD (400 NGN)45 USD (18,600 NGN)
NYSE AMEX and ARCA1 USD (400 NGN)23 USD (9,500 NGN)

 

Demo Account

Markets.com Review Demo Account

👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. 

 

👉 There is a certain degree of risk involved when trading financial markets and Markets.com offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.

 

Islamic Account

Markets.com Review Islamic Account

👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.

 

👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.

 

👉 Sharia-compliant Nigerian Muslims may register an Islamic account on Markets.com and avoid overnight costs while keeping positions open for a long length of time without incurring extra charges or commissions to make up for the absences of swaps.

Account Registration

Markets.com Review Account Registration

👉 Markets.com makes it simple to open an account. Traders just need to fill out a simple online form and provide proof of their personal information such as identity and residential address. To verify the trading account, traders must provide identity evidence like a valid passport and proof of residency like a recent bank statement, or a utility bill not older than three months.

 

👉 Once the trader has been accepted, they can fund the trading account and begin trading. The support staff is accessible if traders need assistance or are unsure about which account type to choose.

Markets.com Vs OANDA Vs OctaFX – Broker Comparison

Markets.comOANDAOctaFX
⚖️ RegulationASIC, CySEC, FSCA, FCA, BVI FSCIIROC, ASIC, CFTC, NFA, FCA, FFAJ, MAS, MFSACySEC, SVG FSA
📱 Trading Platform• MarketsX
• Marketsi
• MetaTrader 4
• MetaTrader 5
• MarketsX App
• MetaTrader 4
• MetaTrader 5
• OANDA Web
• OANDA Mobiler
• MetaTrader 4
• MetaTrader 5
💰 Withdrawal FeeNoneNoneNo
📈 Demo AccountYesYesYes
📊 Min Deposit41,000 Nigerian Naira0 NGN41,500 NGN
💰 Leverage

1:300
1:2001:500
💳 SpreadFrom 0.8 pipsVariable, from 0.1 pips

0.6 pips

✴️ CommissionsFrom 15 USD40 USD / 16,680 NGNNone
💳 Margin Call/Stop-Out50%
Stop-out of 50%

25%/15%

📊 Order ExecutionInstant, MarketMarketMarket
💰 No-Deposit BonusNoNoYes
💰 Cent AccountsNoNoNo
📊 Account Types• MarketsX Account
• Marketsi Account
• Standard Account
• Core Account
Swap-Free Account
• MetaTrader 4 Habitual Trader
• MetaTrader 5 Smart Trader
⚖️ CBN RegulationNoNoNo
💵 NGN DepositsNoYesNo
💳 Nigerian Naira AccountNoNoNo
👥 Customer Service Hours24/5
24/5
24/5
🛍 Retail Investor Accounts232
☪️ Islamic AccountYesYesYes
📉 Minimum Trade Size0.01 lots0.01 lots0.01 lots
📈 Maximum Trade Size100 lots

1,000 lots4x maintenance margin excess

Overall Rating

Min Deposit

USD 100 / 41459 NGN

Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

Trading Desk

MetaTrader 4, MetaTrader 5, Markets.com propietary platform

Crypto

Yes

Total Pairs

67

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Trading Platforms

Markets.com Review Trading Platforms

👉 Markets.com offers Nigerians a choice between some of the best proprietary trading platforms as well as third-party apps. Traders can choose between:

➡️ MarketsX

➡️ Marketsi

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ MarketsX App

 

Desktop Platforms

Markets.com Review Desktop Platforms

➡️ MarketsX

➡️ Marketsi

➡️ MetaTrader 4

➡️ MetaTrader 5

 

👉 In terms of the MarketsX platform, multiple features and customizability options are made available online via Markets.com’s unique MarketsX multi-asset trading platform. FX Scouts has named Markets.com as the top trading platform for 2020.

 

👉 Marketsi puts Nigerian traders in charge, whether they looking to invest for the long term, medium term, or even short term. Markets.com offers its unique Investment Strategy Builder tool, along with Marketsi.

 

👉 Marketsi is the industry-leading platform and in combination with Markets.com’s VIP service, will let retail traders take full advantage of the global markets without the need for intermediaries. 

 

👉 Metatrader 4 continues to be one of the most popular and user-friendly trading systems available. With Expert Advisors, micro-lots, hedging, and one-click trading, our MT4 service exceeds all expectations for this platform.

 

👉 Metatrader 5 is a significant improvement and the company’s most sophisticated online trading platform to date. MT5 is a multi-asset derivatives trading platform that, alongside Markets.com offers Nigerian traders access to forex, futures, stocks, and contract for difference (CFD) trading.

 

WebTrader Platforms

Markets.com Review WebTrader Platform

➡️ MetaTrader 4

➡️ MetaTrader 5

 

👉 Traders who wish to use either MetaTrader 4 or 5 without having to download the app on their desktop computer, can opt to use MetaTrader 4 or 5 WebTrader. The benefit of using this alternative is that the same features are present on the web-based platform that traders will find on the mobile and desktop versions of these platforms.

 

Trading App

Markets.com Review Trading App

➡️ MetaTrader 4

➡️ MetaTrader 5

➡️ MarketsX Mobile

 

👉 MT4 mobile has a plethora of tools and functionality that contribute to a seamless and pleasurable trading environment for traders of all levels of expertise. The user interface is not too intimidating for those new to online trading, and many incorporated trading tools should fulfil the demands of even the most demanding traders.

 

👉 With Markets.com in charge of pricing and the infrastructure for trade execution, Traders can be certain that transactions will be performed at the best available prices and with the lowest possible spreads.

 

👉 While MetaTrader 4 (MT4) was primarily developed for forex trading, MetaTrader 5 (MT5) is a multi-asset derivatives platform optimized for trading forex, futures, stocks, and CFDs. MetaTrader 5 mobile is a tuned-up, quicker version of MT4 that supports hedging and netting and adds additional technical indicators, market depth, and a broader range of timeframes.

 

👉 MarketsX for mobile is one of the most comprehensive trading applications available. Our iOS and Android mobile apps are built on native designs for a more seamless experience. Constantly updated with new features, the app always keeps traders updated on the pulse of the market.

 

👉 Nigerian traders can easily and seamlessly execute trades, place orders, and manage alerts and positions while on the go, regardless of the trader’s location.

 

Range of Markets

Markets.com Review Range of Markets

👉 The range of markets offered by Markets.com includes:

➡️ Shares

➡️ Bonds

➡️ Cryptocurrencies

➡️ Forex

➡️ Primary CFDs

➡️ ETFs

➡️ Indices

➡️ Blends

➡️ Commodities

Broker Comparison for Range of Markets

Markets.comOANDAOctaFX
💰ForexYesYesYes
🔨 Precious MetalsYesYesYes
💰 ETFsYesNoNo
📊 CFDsYesYesYes
📈 IndicesYesYesYes
💵 StocksYesYesYes
💳 CryptocurrencyYesNoYes
💰 OptionsNoNoNo
💸 BondsYesYesYes
🔋 EnergiesYesYesNo

Trading and Non-Trading Fees

Spreads

Markets.com Review Spreads

👉 The typical spreads that Nigerian traders can expect when they trade through Markets.com include:

➡️ EUR/USD – from 0.8 pips

➡️ USD/JPY – from 1.2 pips

➡️ AUD/USD – from 0.7 pips

➡️ USD/CHF – from 1.7 pips

➡️ USD/CAD – from 1.4 pips

➡️ GBP/USD – from 1.1 pips

Commissions

Markets.com Review Commissions

👉 The commissions that traders can expect are charged on the Marketsi Share Dealing account as follows:

➡️ US shares – from 2c and a minimum of 15 USD

➡️ UK shares – from 0.1% and a minimum of 8 GBP

➡️ EU shares – from 0.1% and a minimum of 10 EUR

➡️ AU shares – from 0.1% and a minimum of 10 AUD

 

Overnight Fees, Rollovers, or Swaps

Markets.com Review Overnight Fees

👉 Market.com calculates its overnight charges depending on the financial instrument to which it is applied. The amount that can be debited or credited will differ between instruments because these fees are linked to the interest rates of every instrument. In addition, the additional financing charges defined by the broker are also considered.

 

👉 The formula to calculate the overnight fee on a short position is as follows:

➡️ (The Quote Currency Key Interest Rate – Base Currency Interest Rate – Financing Charge) x Price x Position Size/Volume x Days / 360

 

👉 Where long positions are concerned, the following calculation will apply:

➡️ (The Base Currency Key Interest Rate – Quote Currency Interest Rate – Financing Charge) x Price x Position Size/Volume x Days / 360

 

👉 The Key Interest rate refers to what has been published for major refinancing operations, or an equivalent thereof, per the Central Bank of the Country of the respective currency in which the asset is denominated.

 

👉 The Financing Charge will depend on the product, with the following charges:

➡️ Forex – 3.75%

➡️ Indices – 3.75%

➡️ Oil – 6%

➡️ Shares – 11%

➡️ Commodities – 6%

➡️ Natural Gas – 10%

Other Fees

Markets.com Review Other Fees

👉 Markets.com applies a currency conversion fee which is 0.6% x the Conversion Rate. In addition, Markets.com charges an inactivity fee of $10 on dormant accounts once the account becomes dormant following 90 days of inactivity.

Deposits and Withdrawals

Markets.com Review Deposits And Withdrawals

👉 Markets.com offers the following deposit and withdrawal methods:

➡️ Bank Wire Transfer

➡️ Credit Card

➡️ Debit Card

➡️ Skrill

➡️ Neteller

 

How to Deposit Funds with Markets.com

Markets.com Review How to Deposit

👉 To fund a trading account with Markets.com, Nigerian traders can:

➡️ Select the menu that can be found at the top right corner of the Markets.com trading platform.

➡️ Traders can select “Add Funds”

➡️ Next, traders can select their preferred method, amount, and deposit currency.

➡️ Traders can finalize their deposit and ensure that they have entered the correct details before submitting the form.

 

How to Withdraw Funds with Markets.com

Markets.com Review How To Withdraw Funds

➡️ To make a withdrawal from a Markets.com platform account, traders can go to the Menu in the upper right corner and choose the Withdrawal method from the drop-down menu.

➡️ Nigerian clients can also withdraw using the smartphone app if it is more convenient for them.

➡️ Traders must note that they will get receive their funds using the same method they used to deposit.

➡️ Priority is given to deposits made within the past year, and deposits made during that time will be repaid before any other withdrawal options.

Overall Rating

Min Deposit

USD 100 / 41459 NGN

Regulators

CySec, ASIC, FCA, BVI FSC, FSCA

Trading Desk

MetaTrader 4, MetaTrader 5, Markets.com propietary platform

Crypto

Yes

Total Pairs

67

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Markets.com Education and Research

Markets.com Review Education And Research

👉 Markets.com offers the following educational materials:

➡️ Xray

➡️ eBooks

➡️ Market News

➡️ FAQs

➡️ Webinars

 

👉 The Research and Trading Tools that traders can expect include:

➡️ Analysis

➡️ Market insight

➡️ Fundamental Analysis

➡️ Technical Tools

➡️ Sentimental tools

➡️ Blogger’s opinions

➡️ Hedge Funds Investment Confidence

➡️ Insider Trades

➡️ Trading Analysis Recommendations

➡️ Trends in Trading

➡️ Trading Signals

➡️ Advanced Charting

➡️ Financial Commentary

➡️ Advanced Trading Alerts

➡️ Thomson Reuters Stock Report

Verdict on Markets.com

👉 In addition to offering a wide range of assets, Markets.com also provides a secure trading environment. There are two in-house trading platforms in addition to MetaTrader 4 and MetaTrader 5, a wide range of trading tools and high-quality research capabilities that support the company’s top-quartile ranking within the industry.

 

👉 Many internet brokers only provide a small selection of assets and charge a slew of fees up front. Markets.com, on the other hand, has zero fees, competitive spreads, and a clear pricing system in addition to a wide range of tradable assets.

 

👉 Markets.com’s service is enhanced by the availability of a broad range of trading jurisdictions. Markets.com puts a great value on the simplicity of use and convenience for traders, from the simple procedure of account creation to the customized trading platform itself.

 

👉 Markets.com’s educational resources, analytical tools, and simple deposit and withdrawal procedures all add value to the service that Nigerian traders can receive.

Markets.com Pros and Cons

✔️ Pros❌ Cons
Markets.com is well-regulated by several reputable and strict entitiesThe proprietary trading software could be too simple for advanced traders
There are more than 2,200 financial instruments available for tradingThere is no dedicated Naira trading account or NGN deposit currencies
There are accessible and information investor and trading educational tools offeredThere are no local deposit and withdrawal methods offered to Nigerian traders
Commission-free trading is offeredThere is an inactivity and currency conversion fee applied
Competitive trading conditions are offered
There is outstanding customer support offered by an expert trading team
The broker offers a demo and Islamic Account
There are several deposit and withdrawal methods

Frequently Asked Questions

Is Markets.com suitable for beginner and professional traders in Nigeria?

Yes, Markets.com is recommended for both beginner and experienced Nigerian traders.

Does Markets.com offer a Demo Account?

Yes, Markets.com offers a demo account to Nigerian traders.

What account types does Markets.com offer?

  • MarketsX Account, a CFD trading account
  • Marketsi Account, a share dealing account

Which deposit currencies can I use to make a deposit?

  • USD
  • ZAR
  • GBP
  • EUR

What is the minimum deposit required to register an account with Markets.com?

41,000 NGN or an equivalent to 100 USD.

What is the overall rating for Markets.com out of 10?

Overall rating is 7/10.

 

9.1/10 - (16 votes)

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