Compare Weltrade vs Markets.com
What is Weltrade? What is Markets.com?
Weltrade is an international company that has 16 years of experience in the FX market and online trading. It was founded in 2006 by a group of experts who shared an interest in finance and IT. Its mission is to provide transparent and secure Forex trading for everyone.
Markets.com is a global online trading platform that offers CFD and spread betting on Forex, shares, commodities, indices, ETFs, and more. It was established in 2008 as GFC Markets, and later rebranded as Markets.com in 2010. It is part of the TradeTech Group, a subsidiary of Playtech PLC, a FTSE 250 company listed on the London Stock Exchange.
Weltrade vs Markets.com Regulation Comparison
Weltrade is regulated by the Belize International Financial Services Commission (IFSC) under license number IFSC/60/350/TS/19-20. It also holds a license from the Financial Sector Conduct Authority (FSCA) of South Africa under FSP number 50634.
Markets.com is regulated by multiple authorities, including the Cyprus Securities and Exchange Commission (CySEC) under license number 092/08, the Financial Conduct Authority (FCA) of the UK under registration number 43906, the Australian Securities and Investments Commission (ASIC) under AFSL number 424008, and the Financial Sector Conduct Authority (FSCA) of South Africa under FSP number 43906.
Weltrade vs Markets.com Trading Assets Comparison
Weltrade offers over 200 trading instruments, including Forex, metals, oil, indices, cryptocurrencies, and stocks. It also provides access to PAMM accounts, which allow investors to copy the trades of successful traders.
Markets.com offers over 2200 trading instruments, including Forex, commodities, indices, shares, ETFs, bonds, blends, and cryptocurrencies. It also provides access to marketsi, an investment strategy builder that allows traders to create and manage their own portfolios.
Weltrade vs Markets.com Trading Fees Comparison
Weltrade charges no commission for opening or closing eligible positions, but other fees may apply depending on the account type and trading conditions. It also offers various bonuses and promotions for traders, such as a first deposit bonus of up to 100%, a gold rush program that rewards traders with real gold bars, and a spinner game that gives traders a chance to win up to $1000 bonus for each deposit.
Markets.com charges no commission for opening or closing eligible positions, but other fees may apply depending on the account type and trading conditions. It also offers various benefits for traders who join the marketsClub, such as free access to premium tools and services, exclusive webinars and events, and personalized support from a dedicated account manager.
Weltrade vs Markets.com Account Types Comparison
Weltrade offers six types of accounts: Micro, Premium, Pro, ZuluTrade, Crypto, and PAMM. The minimum deposit ranges from $25 to $500 depending on the account type. The maximum leverage varies from 1:33 to 1:1000 depending on the instrument and account type. The spreads start from 0 pips on some accounts.
Markets.com offers three types of accounts: Classic, Standard, and Premium. The minimum deposit is $100 for all account types. The maximum leverage is 1:30 for retail clients and up to 1:300 for professional clients depending on the instrument. The spreads start from 0.6 pips on some instruments.
Weltrade vs Markets.com Deposit Options Comparison
Weltrade supports more than 30 methods of depositing and withdrawing funds without commission, including wire transfer, credit card, e-wallets, cryptocurrencies, and local payment systems. The processing time varies from instant to several days depending on the method. The minimum withdrawal amount is $1.
Markets.com supports several methods of depositing and withdrawing funds without commission, including wire transfer, credit card, e-wallets, and local payment systems. The processing time varies from instant to several days depending on the method. The minimum withdrawal amount is $10.
Weltrade vs Markets.com Trading Platforms Comparison
Weltrade supports both MetaTrader 4 and MetaTrader 5 platforms for desktop, web, iOS, Android, and Huawei devices. These platforms offer advanced trading and analytical technologies, as well as access to thousands of trading robots and indicators. Weltrade also provides a personal area where traders can manage their accounts, funds, and preferences.
Markets.com supports its own proprietary platform for web and mobile devices, as well as MetaTrader 4 and MetaTrader 5 platforms for desktop, web, iOS, and Android devices. These platforms offer powerful tools, user-friendly interfaces, and fast execution. Markets.com also provides a marketsi platform where traders can build and manage their own investment strategies.
Weltrade vs Markets.com Analytical Tools Comparison
Weltrade offers various analytical tools for traders, such as market news, economic calendar, trading signals, technical analysis, trading calculators, and trading contests. It also provides educational resources, such as video tutorials, webinars, articles, and FAQs.
Markets.com offers various analytical tools for traders, such as market news, economic calendar, trading signals, technical analysis, trading calculators, and sentiment tools. It also provides educational resources, such as video tutorials, webinars, articles, and FAQs.
Weltrade vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Ultimately, the best way to decide is to try out both brokers yourself and see which one meets your expectations better. You can open a demo account with both brokers for free and test their services without risking any real money. I hope this helps you make an informed decision about which broker to choose.
