Compare FXGiants vs Markets.com
What is FXGiants? What is Markets.com?
FXGiants is a forex and CFD broker that offers trading on various instruments, such as forex, metals, indices, commodities, futures, and shares. FXGiants is a trade name of Notesco Limited, which is registered in Bermuda and regulated by the Bermuda Monetary Authority.
Markets.com is a forex and CFD broker that offers trading on various instruments, such as forex, metals, indices, commodities, ETFs, and cryptocurrencies. Markets.com is operated by Safecap Investments Limited, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA) in South Africa.
FXGiants vs Markets.com Regulation Comparison
Both brokers are regulated by reputable authorities in their respective jurisdictions. However, Markets.com has an advantage over FXGiants in terms of regulatory coverage, as it also holds licenses from the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, and the Financial Services Agency (FSA) in Japan. These licenses allow Markets.com to offer its services to clients from more countries and regions than FXGiants.
FXGiants vs Markets.com Trading Assets Comparison
Both brokers offer a wide range of trading assets to their clients, but Markets.com has a slight edge over FXGiants in terms of diversity and quantity.
Markets.com offers over 2,200 instruments across six asset classes, including forex, metals, indices, commodities, ETFs, and cryptocurrencies. FXGiants offers over 200 instruments across five asset classes, including forex, metals, indices, commodities, and shares. Markets.com also offers more currency pairs (67 vs 50), more indices (40 vs 26), more commodities (19 vs 17), more ETFs (59 vs 0), and more cryptocurrencies (12 vs 0) than FXGiants.
FXGiants vs Markets.com Trading Fees Comparison
Both brokers charge competitive fees for their trading services, but the fee structure may vary depending on the account type and the trading platform. FXGiants offers six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero. The spreads start from 1.0 pips for the Live Floating Spread account and go down to zero for the STP/ECN Absolute Zero account. However, some accounts may charge commissions ranging from $9 to $18 per lot per side. FXGiants also charges swap fees for overnight positions and may charge an inactivity fee of $15 per month after 12 months of no trading activity.
Markets.com offers two account types: Standard and Premium. The spreads start from 0.6 pips for the Standard account and go down to 0.4 pips for the Premium account. There are no commissions or hidden fees charged by Markets.com. Markets.com also charges swap fees for overnight positions and may charge an inactivity fee of $10 per month after three months of no trading activity.
FXGiants vs Markets.com Account Types Comparison
Both brokers offer different account types to suit the needs and preferences of different traders. However, Markets.com has a simpler and more transparent account structure than FXGiants. Markets.com only offers two account types: Standard and Premium. The main difference between them is the minimum deposit requirement ($100 for Standard and $2,500 for Premium) and the spread level (lower for Premium). Both accounts offer access to all trading instruments, platforms, tools, and features offered by Markets.com.
FXGiants offers six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero. The main difference between them is the spread type (fixed or floating), the spread level (higher or lower), and the commission rate (zero or non-zero). Some accounts also offer access to different liquidity providers (LPs) and execution models (STP or ECN). The minimum deposit requirement varies from $100 to $500 depending on the account type.
FXGiants vs Markets.com Deposit Options Comparison
Both brokers offer various deposit and withdrawal options to their clients, but Markets.com has more options than FXGiants. Markets.com accepts deposits and withdrawals via credit/debit cards (Visa/Mastercard), bank wire transfers, e-wallets (Skrill/Neteller/PayPal/WebMoney), local payment methods (Sofort/Giropay/iDeal/Przelewy24), and cryptocurrencies (Bitcoin/Ethereum/Litecoin/Dash/Ripple). FXGiants accepts deposits and withdrawals via credit/debit cards (Visa/Mastercard), bank wire transfers, e-wallets (Skrill/Neteller/FasaPay), and local payment methods (Dotpay/China UnionPay).
Both brokers do not charge any fees for deposits and withdrawals, but some third-party fees may apply depending on the payment method. Both brokers also have minimum and maximum limits for deposits and withdrawals, which may vary depending on the payment method and the account type.
FXGiants vs Markets.com Trading Platforms Comparison
Both brokers offer the popular MetaTrader 4 (MT4) trading platform, which is widely used by traders around the world for its user-friendly interface, advanced charting tools, custom indicators, automated trading systems, and market news.
However, Markets.com also offers its own proprietary web-based and mobile trading platforms, which are designed to provide a simple and intuitive trading experience with fast execution, innovative features, and enhanced security. Some of the features offered by the Markets.com platforms include trading cubes, advanced risk management tools, sentiment analysis, trading signals, and market alerts.
FXGiants vs Markets.com Analytical Tools Comparison
Both brokers offer various analytical tools to help their clients make informed trading decisions. However, Markets.com has more tools than FXGiants.
Markets.com offers trading signals from Trading Central, market news from Reuters and Xinhua News Agency, economic calendar from FXStreet, sentiment analysis from Acuity Trading, market alerts from Autochartist, and technical analysis from TradingView. FXGiants offers market news from FXStreet, economic calendar from Investing.com, market analysis from Trading Central, and technical analysis from Autochartist.
FXGiants 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 each broker has its own strengths and weaknesses. FXGiants and Markets.com are both reputable and regulated forex and CFD brokers that offer a wide range of trading instruments, platforms, tools, and features to their clients. However, you should also do your own research and due diligence before opening an account with any broker, as there may be other factors that are not covered in this comparison.
You should also read the terms and conditions, risk disclosure, and customer agreement of each broker carefully before signing up. Trading forex and CFDs involves a high level of risk and may not be suitable for everyone. You should only trade with money that you can afford to lose.
