Markets Review 2022
Markets caters to both short-term traders and long-term investors via two offers. It presents its proprietary trading platform alongside MT4/MT5, a competitive commission-free pricing environment, and excellent order execution statistics. It offers a well-regulated trading environment, with the broker owned by the UK publicly listed company Playtech PLC, a constituent of the FTSE 250. Is Markets the right broker for you?To get more news about Markets.com Pros and Cons, you can visit wikifx.com official website.
The proprietary Markets trading platforms are ideal for manual traders, but I like that MT4/MT5 are equally available for algorithmic and copy traders. I also appreciate the separate offerings for CFD traders and investors.
Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. Markets presents clients with five regulated entities, including more than one top-tier regulatory regime.
One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.
MT4/MT5 traders can access swap rates from their platform by following these steps:
1. Right-click on the desired symbol in the Market Watch window and select Specification.
2. Scroll down until you see Swap Long and Swap Short.
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-free Markets account.
What Can I Trade
Markets presents traders and investors with an excellent choice of trading instruments. Traders are offered a choice of more than 2,200 CFDs for a well-balanced and diverse asset list spanning nine classes. With 25 cryptocurrency CFDs, Markets ranks among the brokers with a more in-depth choice for this maturing asset. I also like the in-house constructed themed portfolios labeled blends.
The broker also offers an extensive set of share CFDs, global indices and more. To support its large offering, Markets also provides trading tools so that traders can assess the financial products from different scopes using fundamental, technical as well as sentimental analysis tools.
The overall asset selection depends on the Markets entity and trading platform used. Please note that UK-based retail traders cannot trade Cryptocurrency CFDs due to regulatory restrictions.
Markets offers its Investment Strategy Builder. Investors may define their strategy and can soon follow ready-made templates, presently under development. I would appreciate it if Markets explained this service in more detail on their site.
I also want to note the positive execution statistics at Markets, with 79% of orders experiencing zero or positive slippage for 2020. It is down from 86% reported for 2019 and dipped to 69% for 2021 year-to-date, but Markets remains transparent about its order execution statistics.
