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Markets.com reviews




Average: 2.6 based on 5 reviews
2.6
Markets.com
GFC Markets Forex broker reviews

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  • Website: www.markets.com
  • Year since: 2006
  • Headquarters: Nicosia, Cyprus
  • Company registration: Safecap Investments Ltd., Cyprus
  • Regulation: CySEC (license no. 092/08), FSA UK (#507880), BaFin
  • Notes: Markets.com formerly known as GFC Markets.

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REVIEWS & RATINGS

Rating interpetation

Canada, John Yeh

April 13, 2012



1 year Total
8 months with this Broker
3


Here is summary for this broker.
Advantages:
(1) fast open an account and deposit by credit card
(2) minimum lot size is 0.01

Disadvantages:
(1) Leverage is Not high
200:1 for currencies and 100:1 for oil
(2) there is swap fee for currencies and oil
(3) margin for hedging pair is Not 0
(4) connection speed is slower and slower.
When I log in MT4, I need wait for 5 seconds or more to connect.

Canada, John

January 26, 2012



1 month Total
1 month with this Broker
1


IN my experience, very bad customer service, NOT RELIABLE!!!
After download a demo account, someone from there called me, inviting me to start with a 100$ so I accepted, afert that, he offered me some trainning sessions to operate with the webtrader, and that never happened!!!
I mailed him and the custommer service and no answer, afeter a few emails, he answered me with a short "Tomorrrow at 9 a.m." and I'm still waitning that moment.
So now, I have an account with 100 bucks there and I don't know how to follow.
DON'T MAKE BUSINESS WITH THEM!!!
I'll search another one and wish my 100 bucks give a bad diggestion to someone from there!!!

Romania Vlad.G

January 4, 2012



2 years Total
1 year live with this Broker
5


With my 1st deposit of 10K $ with their help I've made around 25% in 3 months and after that I choose the VIP account and went to 60k and now I'm around 82.000 all in all the best experience I had so far.

south africa

July 11, 2011



2 years Total
2 month demo with this Broker
3


Very good service, good spread

Canada

March 11, 2011



7 years Total
8 mnths with this Broker
1


They have turned out to be a typical broker, this after 8 months of trading with them.

They started by making changes, some by announcing them first.

THEIR DEALING DESK CANNOT BE TRUSTED!!!
They will make changes to your account with out telling you.
Then you have to waste your own time chasing them down. THERE DEALERS WILL THEN LIE TO YOU!

A typical broker if they do not like your style they restrict your trading ability,

The good was that their customer service is great, but that is not good enough when the dealer screws around.

To detail there actions. After getting assurance, have it in transcript, that there is no problem with scalping. When short term news trades were made, then the dealer started the changes by putting the acct. on dealer execution at these times - no warning given & on they went from there, if they don't like your trading then it is on dealer execution constantly.

They complained of scalping yet the last month trades on average were held for about 18 minutes. So What is the real issue??

Be informed, the decision is yours!