Min. Deposit | ZAR 1000 |
Max. Leverage | 300:1 |
Min. Spread | 0.9 pips |
Regulators | CySEC,ASIC,FSCA |
Regulator Origin |
![]() ![]() ![]() |
Broker Type | Market Maker |
Most retail CFD accounts lose money. Your capital is at risk.
Owned by Tradetech Markets (South Africa) Pty Ltd., a subsidiary of Playtech PLC, Markets.com (South Africa) SA is one of the best-recognised Forex brands. In addition to Forex, Markets offers equities, commodities and CFD trading. Cyprus based, and licensed under CySEC and FSCA in South Africa, Markets has clients from around the world, operating in 15 languages.
Trust Rating | |
Trading Conditions | |
Trading Platforms | |
Deposit & Withdrawal | |
Education & Research | |
Assets Available | |
Customer Service | |
Bonuses | ZAR 250 No Deposit Bonus, 20% Deposit Bonus |
Beginner Friendly | Standard |
Our Review Process |
Minimum Deposit | ZAR 1000 |
Base currencies | ZAR, USD, AUD, DKK, EUR, GBP, NOK, PLN, SEK |
Number of FX Pairs | 50+ |
Hedging Allowed | Yes |
Scalping | Yes |
Swap-Free Accounts | Yes |
EUR / USD | 1.9 |
GBP / USD | 2.3 |
USD / JPY | 3 |
Company name | TradeTech Markets (South Africa) (Pty) Limited |
Founded | 2008 |
Website | Visit Website |
Type | Market Maker |
Regulators | CySEC,ASIC,FSCA |
Office locations | Cyprus, UK |
Reliable service, excellent trading infrastructure, and low spreads are some of the factors that have drawn more than 5 million traders to Markets.com.
High security and privacy standards are top priorities at Markets.com and it uses encryption, rigorous firewalls, and Secure Sockets Layer (SSL) software to protect information during transmission. Its trading servers are located in SAS 70 certified data centres, and all client funds are held in segregated trading accounts, providing a further level of protection. Clients of Markets.com also enjoy negative balance protection.
Markets.com has been regulated by CySEC (licence no. 092/08) since 2008, and TradeTech Markets (South Africa) PTY Ltd (Markets.com’s South African operator) has been regulated by ASIC (licence no. 43906) since 2010, and the FSCA (FSP:43906) since 2012.
Markets.com has won numerous industry awards, some of their most significant achievements include:
Markets.com offers both video tutorials and trading webinars for its clients. The webinars are conducted by professional traders and market experts and cover everything from the basics of Forex trading to managing trading risk and applying winning strategies.
You can also learn more about how Markets.com’s trading platforms work by watching the video tutorials and by checking out the platform tips – which provide suggestions on how to get the most out of your trading platform.
Markets.com’s clients have more than enough trading tools at their disposal. Here are some of the handy features you can utilise:
Markets.com’s support team can be reached via email and live chat, 24 hours a day, five days a week. Although the Markets.com website is available in 15 different languages, customer support is only available in Arabic, English, French, German, Italian, Polish, Portuguese and Spanish.
With Markets.com, clients can choose between a number of base currencies, including ZAR, USD, EUR, GBP, PLN, SEK, DKK, NOK and AUD. Similarly, Markets.com has a wide range of tradeable instruments, including:
Min. Deposit | Max. Leverage | Min. Spread | Commission | ||
---|---|---|---|---|---|
LIve | ZAR 1000 | 300:1 | 0.9 pips | None | Account Details |
Markets.com offer an unlimited demo account so you can forward-test an expert advisor indefinitely or practice trading for as long as you want. The Markets.com demo trading account accurately simulates real account trading conditions and gives you USD 10,000 to practice with.
The Markets.com standard live account has a low minimum deposit of USD 100. Although there is only one type of live account with Markets.com, it has a very generous bonus scheme. A USD 100 deposit will receive a 20% bonus, but clients who deposit more than USD 10,000 have access to a senior account manager and will receive an impressive 35% (USD 3,500) bonus to kickstart their trading.
Markets.com’s standard account unlocks competitive live trading conditions on a multitude of financial instruments. All clients of Markets.com enjoy responsive client support and all the trading tools available on the Markets.com trading platform.
The swap-free account option is only available to clients who cannot receive or pay any interest due to the observance of religious beliefs. This account type offers the same advantages as the standard trading account, but clients with swap-free accounts will not be charged rollover fees or be able to execute carry trades.
You can fund your Markets.com trading account with:
Due to anti-money laundering regulations, withdrawals can only be sent via payment methods with which you funded your account. To withdraw funds from your Markets.com trading account, your account needs to be fully verified and will take up to 36 hours to be processed by Markets. You can also withdraw using Markets Mobile (Markets.com’s mobile app).
The minimum withdrawal amount for the supported payment methods are listed below:
Here are the different times according to the different payment channels:
Markets.com doesn’t charge clients for making deposits and withdrawals. The only costs are the usual bank card, e-wallet, or bank transfer fees.
*Please Note: clients depositing over USD 2,500 will be reimbursed by Markets.com for any external transaction fees that are charged.
There is no commission on trades, which means that usually, the only transaction costs are the spread and rollover charges, where applicable. Beware that markets.com do charge a Conversion Fee on some trades. This is a small charge (0.3%) deducted for the currency conversion when the trading account currency and the quoted currency of the underlying asset are different.
The Markets.com mobile trading platform is available for Android and iOS devices.
We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the Markets.com offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.
Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. Markets.com would like you to know that: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Markets.com is a reputable broker with high-security standards. Based on their security measures, segregated trading accounts, and negative balance protection, protecting client funds is clearly a priority with Markets.com.
We like Markets WebTrader, Markets.com’s proprietary trading platform. Some traders prefer an alternative to the ‘traditional’ MT4 trading platform, and Markets WebTrader is a strong substitute.
Telephone customer support is not available, which can be a big drawback for customers with more urgent issues.
Other positive aspects of Markets.com include:
Most retail CFD accounts lose money. Your capital is at risk.
|
|
|
Overall Rating | |||
Minimum Deposit | ZAR 1000 | ZAR 1500 | USD 200 |
Regulation |
![]() ![]() ![]() |
![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
Broker Type | Market Maker | Market Maker | Market Maker |
Trading Instruments | Forex, Commodities, Metals, Energies, Stocks, Crypto, Bonds, ETFs, Shares, Blends | Commodities, Cryptocurrencies, Forex,ETFs, Indices, Stocks | Commodities, Cryptocurrencies, Forex,ETFs, Indices, Stocks |
Forex Pairs | 50+ | 70+ | 47 |
Crypto Pairs | 6 | 9 | 16 |
Read Full Review | Read Full Review | ||
Trust Rating | |||
Trading Conditions | |||
Trading Platforms | |||
Deposit & Withdrawal | |||
Education & Research | |||
Assets Available | |||
Customer Service | |||
% Lose with this broker | 76.60% of retail investor accounts lose money when trading CFDs with this provider | 76.4% of retail investor accounts lose money when trading CFDs with this provider | 76% of retail investor accounts lose money when trading CFDs with this provider |
Leverage | 300:1 | 300:1 | 400:1 |
Spread | 0.9 pips | Not Disclosed pips | 2.0 pips |
Hedging | Yes | No | Yes |
Scalping | Yes | No | No |
Account Types |
|
|
|
Swap Free | Yes | Yes | Yes |
Trading Platforms | MetaTrader4, MetaTrader5, WebTrader | Plus500 | etoro |
Funding Methods | Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Paypal | Bank Transfer, Visa, Mastercard, Skrill, Paypal | Visa, Mastercard, Neteller, Unionpay |
Trading Commission |
Clear all brokers |
Markets.comVisit Website |
Plus500Visit Website |
eToroVisit Website |
---|---|---|---|
Overall Rating | |||
Min. Deposit | ZAR 1000 | ZAR 1500 | USD 200 |
Regulation |
![]() ![]() ![]() |
![]() ![]() ![]() ![]() |
![]() ![]() ![]() |
Broker Type | Market Maker | Market Maker | Market Maker |
Read Full Review | Read Full Review | Read Full Review | |
Trust Rating | |||
Trading Conditions | |||
Trading Platforms | |||
Deposit & Withdrawal | |||
Education & Research | |||
Assets Available | |||
Customer Service | |||
Risk Disclaimer | 76.60% of retail investor accounts lose money when trading CFDs with this provider | 76.4% of retail investor accounts lose money when trading CFDs with this provider | 76% of retail investor accounts lose money when trading CFDs with this provider |
Leverage | 300:1 | 300:1 | 400:1 |
Spread | 0.9 pips | Not Disclosed pips | 2.0 pips |
Hedging Allowed | Yes Yes | No | Yes Yes |
Scalping Allowed | Yes Yes | No | No No |
Platforms | MetaTrader4, MetaTrader5, WebTrader | Plus500 | etoro |
Funding | Bank Transfer, Visa, Mastercard, Maestro, Skrill, Neteller, Paypal | Bank Transfer, Visa, Mastercard, Skrill, Paypal | Visa, Mastercard, Neteller, Unionpay |
This form has double opt in enabled. You will need to confirm your email address before being added to the list.
Most retail CFD accounts lose money. Your capital is at risk.