Review 2023

/ 5 is #114 in our CFD broker rankings. offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies. 79.9% of retail accounts lose money..


Demo Account

Award Winning

MetaTrader 4
MT4, MT5, TradingCentral
CFD, Forex, Crypto, Spread betting (UK Only)
PayPal, Neteller, Credit Card, Wire Transfer, Debit Card
and 1 more

Forex Trading

67 major, minor and exotic FX pairs

Stocks Trading

Not Available

CFD Trading

Not Available

Crypto Trading

Trade 25 different cryptocurrencies via the feature rich platform. Leverage capped at 1:2 for EU traders.

Spread Betting

Spread betting is available for UK residents. With competitive spreads and a huge range of assets. All markets remained open throughout the Gamestop saga


  • Best Trading Platform 2020 - FXScouts
  • Runner Up - Best FX Broker 2019 -
  • Best Forex Provider 2017 - UK Forex Awards
  • Best FX Platform 2017 - UK Forex Awards is an online forex and CFD broker. Users can choose between several platforms and a range of instruments while trading with a broker regulated in multiple jurisdictions. This review of will cover the broker’s benefits and drawbacks, including trading fees, mobile apps and demo accounts, before concluding with a final verdict. History began serving retail traders in 2008. Following a string of high profile partners, including Arsenal FC, plus a CEO committed to using technology to improving the user experience, the broker has earned a strong reputation.


The broker offers a range of assets and markets:

Note, futures and binary options are not available, and cryptocurrency CFDs are not offered to retail clients that reside in the United Kingdom.

markets-com trading platform

Commissions & Spreads

Spreads at are very competitive. The average spreads for the EUR/USD (0.7) and GBP/USD (1.3 pips) are very good for example. Note that exact spreads will vary based on numerous factors. no longer charges commission, but may charge a daily rollover fee for positions held overnight (which is standard practise).

Also, slippage, the difference between the expected price and the price at execution, can move against a trader, especially during periods of high volatility.

There are also inactivity fees where an account is unused for considerable time – full terms and conditions are on the website.

Leverage does offer leveraged trading. The amount of leverage offered to EU traders was severely limited during the summer of 2018 by the European Securities and Markets Authority (ESMA).

With that in mind, leverage levels for traders from the UK and Europe go up to 30:1 while in Africa and elsewhere the maximum leverage available climbs to 300:1.

ASIC in Australia also recently capped leverage to a maximum of 1:30.

Leverage allows traders to open positions with a value in excess of their account balance. This does, however, increase the risk and reward in each trade, and as such, the European regulator decided to limit the amount of leverage available to retail traders.

With that said, professional traders can still request and arrange higher leverage.

Note maximum leverage will depend on your account type and instrument. Cryptocurrencies will generally have low levels of leverage, whereas more liquid and less volatile assets such as popular forex pairs, can see higher leverage levels. does send traders a notification if leverage levels drops below 70%, before receiving a margin call. The broker also reserves the right to close out positions should leverage fall below 50%. blogger opinion and sentiment

Bonuses & Promotions

Bonuses do vary depending on which country you are registering an account from, with users from the UK and Europe unable to claim promotions due to regulatory conditions.

Bonus terms usually come with volume requirements and a restriction on bonus withdrawals.

Details of sign-up bonuses and refer-a-friend schemes are visible when you open a new account or via the live chat service. Trading Platforms offers its own proprietary trading platform – –  Trader feedback is mostly positive.

The platform is web-based and easily accessible if you have an internet connection. The user interface is simple and clean, while still offering advanced charting and technical analysis tools.

The platform also comes with a range of technical indicators to enhance chart analysis.

The platform also comes with 14 trading tools.

This includes market insights from 50,000 bloggers, a Hedge Funds Confidence tool that uses SEC data, plus an Insiders Trades feature that flags increases and decreases in the shareholdings of over 36,000 companies.

A unique feature of the platform is also its trading cubes. This allows you to view numerous instruments at once, helping to streamline the trading process.

On top of a range of forex signals and everything you need for Fibonacci trading or scalping techniques, you also get a real-time news feed. This ensures you can monitor and react to the markets with ease.

Head over to the official website for video tutorials on how it all works and getting the most out of your platform.

MetaTrader 4 & 5 users also have the option of the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) systems. The download for both is available for Mac and PC users.

Once you have your MT4 or MT5 login details you will have access to a powerful platform that offers advanced charts and in-depth analysis. A long list of custom indicators will also be at your disposal.

On top of that, you get sophisticated real-time trading tools and rapid execution speeds. The MetaTrader system is also easy to set up and there is a wealth of resources online to support you.

Mobile Apps mobile app reviews are mostly positive. Firstly, there is an app for Android and iOS users. The app download is quick and on-boarding takes just a few minutes once you have your mobile login details.

You still get access to the diverse product list, allowing you to speculate on everything from oil to penny stocks.

Both iOS and APK apps are also powerful and packed full of charts and technical analysis tools. You also have numerous risk management features, including:

Overall, the app is good, promising a straightforward transition from the desktop-based applications. However, it’s worth noting the app doesn’t offer the following tools found on the web platform:

As a result, those who do a lot of trading from their mobile may want to consider how to replicate those missing elements, if required.

Deposits & Withdrawals

Deposit methods at are:

Note you cannot fund your account with Bitcoin Cash. There is no fee for making deposits and the minimum deposit is 100 of your base currency.

This is low, making an attractive proposition for new traders with limited capital.

To comply with money laundering laws, withdrawals must first be made via the initial deposit method. Customer reviews were pleased to see there are zero costs for withdrawing funds. However, there are minimum withdrawal requirements:

Average withdrawal times vary depending on the payment method, with bank transfers taking between two and five days while credit cards take up to seven working days.

Fortunately, this means if the market moves your way and you collect on 80 pips, withdrawing your balance will be quick and easy. Accounts

When it comes to registration, the account types available at are:

An Islamic-friendly account that operates in line with the Islamic Sharia Principle of interest-free trading is also available. For all accounts, the sign-up process is quick with traders from the UK, Europe and Australia also able to use electronic verification.

All accounts have access to the Live chat support option.

Demo Account does offer a free demo account. Funded with simulated money, their practice account is a fantastic opportunity to test drive a platform and explore intraday trading.

Then once you are comfortable with various tools and have built an effective strategy, you can open a live trading account. Both demo and live accounts can be open at the same time – this allows for strategies to be trialled and tested alongside real money trading.

Additional Features offers a number of additional resources and research materials. Head to the Learn portal and you can find tools and industry commentary on a range of markets and asset types:

All of the features above can help you learn how to trade, from spotting potential opportunities to conducting in-depth market analysis. Once account verification is complete, you can access most of these tools from within your platform.

User reviews of did point out, however, that the broker could do more in terms of social trading. There are no chat rooms or forums where traders can exchange ideas and have concepts explained.

Also, copy trading isn’t available, which would allow beginners to replicate the trades of successful and experienced traders. Finally, automated trading isn’t an option at The broker does not have APIs or offer any sort of trading algorithms and EAs.

Trading analyst sentiment copy trader

Regulations & Licenses

With an increase in the number of fake and fraudulent brokers around, finding one you can trust is important.

Fortunately, holds licenses with several respected regulatory bodies, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

This should put customers from the UK, France, Spain and the rest of the Eurozone at ease. is also regulated by the Australian Securities and Investment Commission (ASIC), the BVI Financial Services Commission (FSC), and South Africa’s Financial Sector Conduct Authority (FSCA).

The multiple licenses holds is a promising sign the broker is legitimate and that standard client protection protocols are in place, including segregating client capital from broker’s cash, plus compensation should the broker go under.

Note, the amount of protection under financial services compensation schemes varies between regulators, for example, it is up to €20,000 under the CySEC and £85,000 with the FCA. also offer negative balance protection, meaning you cannot lose more than your initial deposit. This also means, however, that traders must keep a healthy balance in their account, or trades may be closed if prices move against them. Stop losses are another valuable way to manage risk.


User reviews show scores particularly well in several areas, including:

Markets_com benefits review


There are also some bad reviews. Most complaints centre around: Trading Hours

The broker’s opening and trading hours are fairly industry standard. For example, all major FX pairs will be available from Sunday 22:05 GMT through until 21:55 Friday GMT.

Note will be closed for trading during certain holiday periods. See the official website for a break down of both instrument-specific opening times and holiday hours.

Customer Support

Customer support is available in over 10 languages, 24/5. You can get in touch via email, telephone, live chat, or through an online query form.

We’d recommend using the live chat support for a fast response as wait times are usually less than a minute. The query form and telephone support number for your respective area can be found on the ‘Contact Us’ page.

Customer service agents can help with a whole host of issues, from why a platform’s not working to helping traders understand why an order was rejected. also houses an extensive support centre and FAQ section where users can find answers. Available are user guides, training videos, or even just simple instructions on how to delete an account.

The only major drawback is that customer support isn’t available on the weekend, which may deter some users.

Safety & Security

Customer reviews highlight the multiple measures taken by to ensure client security. Protocols include robust firewalls, SSL technology and advanced encryption. These measures should put prospective customers at ease that their data and information is safe at Verdict

Overall, delivers an optimal trading experience to its customers.

Traders get a range of assets and tools, excellent customer service (live chat being particularly effective), plus reputable regulatory oversight.

On top of that, the low minimum deposit ensures is a worthwhile choice for both beginners and veteran traders.

Accepted Countries accepts traders from Australia, Thailand, United Kingdom, South Africa, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use from Russian Federation, Brazil, Japan, United States, Canada, Belgium, Israel, Turkey, New Zealand, Syria, Iran, Iraq, Hong Kong, Puerto Rico, Singapore, India.

Payment Methods Details

Minimum Trade 0.01 lots
Islamic Account Yes
Mobile Apps iOS, Android
Margin Trading No
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection Yes
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker Yes
Social Trading No
Trade Signals Yes
Guaranteed Stop Loss Yes
Stock Exchanges
  • S&P 500
  • Gold
  • Natural Gas
  • Oil
  • Silver

CFD Trading Details

FTSE Spread 2 pips
GBPUSD Spread 1.3 pips (var)
Oil Spread 0.05
Stocks Spread 4 pips
Leverage 1:30

Forex Trading Details

GBPUSD Spread 1.3 pips (var)
EURUSD Spread 0.70 pips (var)
EURGBP Spread 1 pip var
Assets 67

Cryptocurrency Trading Details

Crypto Spread BTC 88.94 (USD), ETH 5 (USD)
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • ADA
  • BAT
  • BCH
  • BTC
  • DASH
  • ETH
  • LTC
  • NEO
  • TRON
  • XRP


Compare with similar brokers that accept traders from your location. Among available brokers these are the most similar to

  1. OANDA – OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is authorized by leading regulators, including the CFTC/NFA. Around the clock support is available, alongside flexible contract sizes and automated trade executions.
    Go to OANDA
  2. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to
  3. Webull – Webull offers a popular online stock trading app with low fees and generous bonuses.
    Go to Webull Comparison Table

Compare With Similar Brokers OANDA Webull
Rating 2.9 4.5 4.5 4.4
Markets CFD, Forex, Crypto, Spread betting (UK Only) Forex Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options Stocks, ETFs, options, cryptos, forex, ADRs, fractional shares, OTCs
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $100 $0
Minimum Trade 0.01 lots $0 $1 $5
Bonus $5,000 welcome bonus with a deposit of $500 Six free stocks
Education No Yes Yes Yes
Platforms MT4, MT5, TradingCentral MT4, TradingView, AutoChartist MT4, MT5, TradingView, AutoChartist, TradingCentral
Leverage 1:30 1:30 EU, 1:200 Global 1:200
Payment Methods 6 12 8 3
Visit Visit Visit Visit

Compare Trading Instruments

Compare the markets and instruments offered by and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Trading Instruments OANDA Webull
CFD Yes No Yes No
Forex Yes Yes Yes Yes
Stocks No Yes Yes Yes
Commodities Yes Yes Yes No
Oil Yes No Yes No
Gold Yes Yes Yes No
Copper No Yes No No
Silver Yes Yes Yes No
Corn No Yes No No
Crypto Yes Yes Yes Yes
Futures No No Yes No
Options No No Yes Yes
ETFs No No No Yes
Bonds Yes Yes No No
Warrants No No No No
Spreadbetting Yes No No No
Volatility Index No No No No vs Other Brokers

Compare with any other broker by selecting the other broker below. vs


How can I withdraw money from my account?

To withdraw money from your account, select ‘menu’ in the top right of the trading platform. Then select ‘withdrawal’. Withdrawals will be processed via the same payment method used for deposits. Withdrawals can also be requested from the mobile app.

What spread does offer? uses a floating spread. This means the spread varies throughout the day depending on market volatility and liquidity. It can result in tighter spreads but it also means it’s harder to predict trading costs in advance.

Does offer negative balance protection?

Negative balance protection is applied to all accounts by default. This means traders cannot lose more than their deposit.

Does handle tax reporting? does not handle tax reporting for its clients. On request, it can provide useful information, but tax obligations fall on the user and will vary depending on the jurisdiction you open and operate an account from.

Does offer copy trading? does not currently support copy trading. This means traders are not able to copy the strategies and trades of high-performing traders.

Visit offer CFDs across a huge range of assets from shares and indices to commodities and cryptocurrencies. 79.9% of retail accounts lose money..