Month: February 2018
French traders: let’s hear their opinion on the broker platform Markets.com
We interviewed the experts at one of the most important trading conference of the month.
We have already extensively discussed the famous broker platform Markets.com in previous posts, analyzing its functionality, strengths and weaknesses. We have decided to hear the opinions and experiences about the broker directly from French traders and, to do so, we participated to the VI Trading Conference held a week ago at the breathtaking and enchanting “Saint-Germain-des-Prés” district of Paris to hear last opinions about markets.com.
This two-day event aimed to bring together traders, fincial experts and sponsors sharing interests in broker platforms, forex and stock trading, financial management, financial markets, etc. It also provided a forum for presenting new trading tragedies as well as discussing current and challenging issues in financial management and related topics. We took the opportunity to ask questions and advices from the present speakers, taking advantage of the discussion moments of the proposed seminars. Here’s what emerged:
The safety first of all of Markets.com is much appreciated.
We remind that the broker is a trademark of “Safecap Investments Limited” and it’s regulated by CySEC, registered in the United Kingdom at the FSA (Financial Services Authority) and with the CONSOB (National Commission for Companies and the Stock Exchange). Since Markets.com is authorized to operate in the European Economic Area and needs to respect all the obligations that ensure a safe and secure trading experience, it is also registered with the French regulatory body Banque de France. This is a very important aspect that allows the broker to gain the trust of traders.
“It collects everything I need. Before using Markets.com, I compared different websites or platforms to find a result. Plus it has no commissions.” -Varden Daigneault, trader & financial expert
Markets.com has an extensive range of financial products and services, so it is able to provide everything needed for a successful trading experience under extremely competitive conditions. Low spreads, leverage up to 200: 1, analysis of on-demand markets also in French. No commission, no surprise. The fixed spread, although it may be higher than the floating spreads in favorable market conditions, allows to predict in advance the costs of its trading strategy and not to be faced with unexpected commissions or hidden costs.
“Customer support is an aspect that many platforms underestimate. Markets.com’s one is very efficient.”-Arthur Monrency, trader
Markets.com offers excellent customer support even in French. The assistants are always ready to solve the doubts of the trader and the communication takes place in a clear, simple and direct way.
“I think the decisive aspect of Markets.com, at least for me, is the use of different platforms. It’s useful.” -Victor Martel, trader
Within its trading platform, Markets.com offers traders 2 different types of platforms: Markets Web Trader, an online trading platform for accessibility 24 hours a day via the web, and Markets Mobile Trader, which allows access to financial markets directly from the smartphone.
All platforms made available by Markets.com have been developed internally and created to be user friendly and provide a personalized trading experience.
But the reviews with a more uncertain tone are not lacking.
“I think Markets.com is a suitable platform for inexperienced traders or for very experienced traders with high profits incoming. The intermediate account is not convenient for me.” -Orane Bourque, trader
To improve the online trading experience of its customers, Markets.com offers traders 3 different types of trading accounts as indicators:
- Classic trading account, with a minimum required deposit of $100, daily market analysis, Webinars and Video Tutorial;
- Standard trading account, whose minimum deposit required is $2,500 and has all the features of the classic trading account, with additions of Premium daily analysis;
- And the premium trading account, minimum deposit required: $20,000, all standard account features, 90% payments and Premium customer support.