Compare WorldForex vs Markets.com
What is WorldForex? What is Markets.com?
WorldForex is a forex and CFD broker that offers over 200 trading instruments, leverage up to 1:1000, and various bonuses and promotions. Markets.com is a multi-asset broker that offers forex, stocks, commodities, indices, ETFs, and cryptocurrencies as CFDs or spread bets, with low spreads, fast execution, and user-friendly platforms.
WorldForex vs Markets.com Regulation Comparison
WorldForex is regulated by the International Business Company (IBC) in Saint Vincent and the Grenadines and Saint Lucia, which are not considered as reputable or trustworthy jurisdictions. Markets.com is regulated by several tier-1 and tier-2 authorities, such as the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) of South Africa.
WorldForex vs Markets.com Trading Assets Comparison
WorldForex offers a wide range of trading assets, including forex, metals, indices, commodities, stocks, cryptocurrencies, and digital contracts. Markets.com also offers a diverse portfolio of trading assets, including forex, metals, indices, commodities, stocks, ETFs, bonds, blends, and cryptocurrencies.
WorldForex vs Markets.com Trading Fees Comparison
WorldForex charges variable spreads and commissions depending on the account type and trading instrument. The average spread for EUR/USD is 1.5 pips on the Standard account and 0.5 pips on the ECN account. The commission for ECN accounts is $6 per lot round turn. Markets.com charges variable spreads and no commissions on most of its trading instruments. The average spread for EUR/USD is 0.6 pips on the Standard account and 0.2 pips on the Zero account.
WorldForex vs Markets.com Account Types Comparison
WorldForex offers four types of accounts: Standard, Micro, ECN, and Binary Options. The minimum deposit for the Standard and Micro accounts is $1, while the minimum deposit for the ECN account is $200. The Binary Options account has no minimum deposit requirement. Markets.com offers two types of accounts: Standard and Zero. The minimum deposit for both accounts is $250.
WorldForex vs Markets.com Deposit Options Comparison
WorldForex supports various deposit and withdrawal methods, such as bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, Qiwi Wallet, Yandex Money, Bitcoin, Ethereum, Litecoin, and Dash. Markets.com also supports multiple payment options, such as bank wire transfer, credit/debit cards, Skrill, Neteller, PayPal, Sofort Banking, iDeal, Giropay, Trustly Bank Transfer.
WorldForex vs Markets.com Trading Platforms Comparison
WorldForex provides its clients with the MetaTrader 4 (MT4) platform for desktop and mobile devices. MT4 is a popular and powerful platform that offers advanced charting tools, technical indicators, automated trading systems (Expert Advisors), and market signals.
Markets.com offers its clients three platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Marketsx. MT5 is an upgraded version of MT4 that offers more features and functionalities. Marketsx is a proprietary platform that offers a user-friendly interface, customizable layouts, advanced charting tools, trading signals from Trading Central and TipRanks.
WorldForex vs Markets.com Analytical Tools Comparison
WorldForex does not offer much in terms of analytical tools or educational resources for its clients. The only tools available are an economic calendar and a market news section on its website.
Markets.com provides its clients with various analytical tools and educational resources to enhance their trading skills and knowledge. Some of the tools include an economic calendar, a market sentiment indicator, a financial commentary section from XRay experts (powered by TradeTech Alpha Limited), a technical analysis tool from Trading Central (powered by Recognia Inc.), an insider trades tool from TipRanks (powered by TipRanks Ltd.), a blog section with market insights and analysis from Markets.com analysts.
WorldForex vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which broker is better, as different brokers may suit different traders better.You should also do your own research and compare other aspects of the brokers, such as their customer service, reputation, security, and user reviews. You should also try out their demo accounts to get a feel of their platforms and services before opening a real account.
