Compare ForexMart vs Markets.com
What is ForexMart? What is Markets.com?
ForexMart is an online forex broker that offers trading in various currency pairs, metals, cryptocurrencies, and other products. ForexMart claims to provide low spreads, high leverage, no requotes, negative balance protection, zero spreads, and no deposit fees. ForexMart also offers a copytrade system that allows passive income from social trading and investments.
Markets.com is an online forex and gold CFD trading platform that offers trading in various financial instruments, such as stocks, bonds, ETFs, commodities, indices, and cryptocurrencies. Markets.com claims to provide powerful tools, user-friendly platforms, lightning-fast execution, and expert market insights. Markets.com also offers spread betting for UK residents.
ForexMart vs Markets.com Regulation Comparison
ForexMart is regulated and authorised by the Cyprus Securities and Exchange Commission (CySEC) with license number 266/15. ForexMart also operates under the European Union’s Markets in Financial Instruments Directive (MiFID) and is a member of the Investor Compensation Fund (ICF).
Markets.com is operated by Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08. Markets.com is also operated by TradeTech Markets (South Africa) (Pty) Limited, which is regulated by the Financial Sector Conduct Authority (FSCA) under license number 46860. Markets.com UK is operated by TradeTech Alpha Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) under register number 607305.
ForexMart vs Markets.com Trading Assets Comparison
ForexMart offers trading in over 100 instruments, including 50+ currency pairs, metals (gold and silver), cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Ripple), and CFDs on stocks and indices.
Markets.com offers trading in over 2000 instruments, including 50+ currency pairs, metals (gold and silver), commodities (oil, gas, wheat, coffee, etc.), indices (US Tech 100, UK 100, Germany 30, etc.), cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, etc.), stocks (Apple, Amazon, Tesla, etc.), bonds (US 10Y T-Note, Euro-Bund, etc.), and ETFs (SPDR S&P 500 ETF Trust, iShares MSCI Emerging Markets ETF, etc.).
ForexMart vs Markets.com Trading Fees Comparison
ForexMart charges no commission on trades and offers zero or low spreads depending on the account type. ForexMart also charges no deposit or withdrawal fees. However, ForexMart may charge swap fees for holding positions overnight.
Markets.com charges no commission on trades and offers variable or fixed spreads depending on the instrument and account type. Markets.com also charges no deposit or withdrawal fees. However, Markets.com may charge swap fees for holding positions overnight.
ForexMart vs Markets.com Account Types Comparison
ForexMart offers three types of accounts: Classic Account, Pro Account, and Zero Spread Account. The Classic Account has a minimum deposit of $15 and offers leverage up to 1:3000. The Pro Account has a minimum deposit of $200 and offers leverage up to 1:2000. The Zero Spread Account has a minimum deposit of $1 and offers leverage up to 1:3000 with zero spreads on major currency pairs.
Markets.com offers two types of accounts: Standard Account and Premium Account. The Standard Account has no minimum deposit requirement and offers leverage up to 1:300. The Premium Account has a minimum deposit of $2500 and offers leverage up to 1:300 with additional benefits such as dedicated account manager, premium daily analysis, premium customer support, exclusive webinars and events.
ForexMart vs Markets.com Deposit Options Comparison
ForexMart supports various deposit and withdrawal methods such as bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/PayPal), cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple), local payment systems (PayCo/PaySec/FasaPay), and others. ForexMart claims to process withdrawals within 24 hours.
Markets.com supports various deposit and withdrawal methods such as bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/PayPal), local payment systems (Sofort/Giropay/iDeal), and others. Markets.com claims to process withdrawals within 2-8 business days depending on the method.
ForexMart vs Markets.com Trading Platforms Comparison
ForexMart offers the MetaTrader 4 (MT4) platform as its main trading platform. MT4 is a popular and powerful platform that allows traders to access multiple charts, indicators, and tools. MT4 is available as a desktop application, a web trader, and a mobile app.
Markets.com offers its own proprietary platform as its main trading platform. The Markets.com platform is a user-friendly and intuitive platform that allows traders to access various instruments, tools, and features. The Markets.com platform is available as a web trader and a mobile app.
ForexMart vs Markets.com Analytical Tools Comparison
ForexMart provides various analytical tools for traders such as economic calendar, market news, technical analysis, trading signals, and VPS service. ForexMart also offers a copytrade system that allows traders to follow and copy the trades of successful traders.
Markets.com provides various analytical tools for traders such as economic calendar, market news, trading alerts, trading signals, trading sentiment, and trading central. Markets.com also offers spread betting for UK residents who want to trade without paying capital gains tax or stamp duty.
ForexMart vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences, and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may suit different traders. However, there may be other factors that are important to you such as customer service quality, educational resources, bonuses and promotions, etc.
Therefore, you do your own research before choosing a forex broker. You can also try out their demo accounts or read their reviews online to get a better idea of their services.
