Markets.com Review
Overall, Markets.com is considered an average risk, with an overall Trust Score of 97% out of 100. Markets.com offers 5 excellent trading platforms. Markets.com is authorized by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). Markets.com is currently not regulated by the Central Bank of Botswana.
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Trading Platforms
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.7/5
Min Deposit
100 USD /1 232 BWP
Regulators
CySEC, FSCA, ASIC, FCA, FSC
Trading Desk
MetaTrader 4, MetaTrader 5 Markets.com, proprietary platform
Crypto
Yes
Total Pairs
67
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Markets.com Review – 22 key points quick overview:
Markets.com Overview
👉 Overall, Markets.com is considered low-risk, with an overall Trust Score of 98 out of 100. Markets.com is licensed by two Tier-1 Regulators (high trust), two Tier-2 Regulators (average trust), and one Tier-3 Regulator (low trust). In addition, Markets.com offers one different retail trading account, namely a Standard MarketsX Account.
👉 Markets.com was created in 2008 and is a subsidiary of Finalto, a subsidiary of Playtech PLC, a component of the FTSE 250 Index, and listed on the London Stock Exchange Main Market.
👉 Markets.com provides traders with quick, low-cost trading on various financial products, including over 2,000 stock CFDs, Forex, commodities, cryptocurrencies, indices, ETFs, and bonds.
👉 Markets.com accepts Botswanan clients and has an average spread from 0.6 pips with zero commission charges. In addition, Markets.com has a maximum leverage ratio of up to 1:300, and a demo and Islamic account are available.
👉 MT4, MT5, and MarketsX platforms are supported. Markets.com is headquartered in South Africa and regulated by ASIC, CySEC, FSCA, FCA, and BVI FSC.
Markets.com Distribution of Traders
👉 Markets.com currently has the largest market share in these countries:
➡️ Argentina – 10.8%
➡️ Colombia – 9.2%
➡️ Denmark – 9.01%
➡️ United Kingdom – 8.45%
➡️ South Africa – 6.8%
Popularity among traders who choose Markets.com
👉 Markets.com is a well-known South African broker. While it does not dominate the Botswanan forex market, it is a practical and trustworthy choice for Botswanan traders, ranking it among the country’s Top 15 forex and CFD brokers.
Markets.com At a Glance
| 🏛 Headquartered | The British Virgin Islands |
| 🌎 Global Offices | United Kingdom, South Africa, Cyprus, Australia, the British Virgin Islands |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💳 Foreign Direct Investment in Botswana | 115.89 BWP Million in 2021 |
| 💰 Foreign Exchange Reserves in Botswana | 5270 USD Million in 2021 |
| ✔️ Local office in Gaborone? | No |
| 👨⚖️ Governor of SEC in Botswana | None, Moses Dinekere Pelaelo is the Governor of the Bank of Botswana |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2008 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Facebook • YouTube |
| ⚖️ Regulation | ASIC, CySEC, FSCA, FCA, BVI FSC |
| 1️⃣ Tier-1 Licenses | • Financial Conduct Authority (FCA) • Australian Securities and Investments Commission (ASIC) |
| 2️⃣ Tier-2 Licenses | • Cyprus Securities and Exchange Commission (CySEC) • Financial Sector Conduct Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | • British Virgin Islands Financial Services Commission (BVI FSC) |
| 🪪 License Number | • Cyprus (Safecap Investments) – 092/08 • British Virgin Islands (Finalto) – SIBA/L/14/1067 • South Africa (Finalto Pty Ltd) – 46860 • South Africa (Safecap Investments Limited) – 43906 • United Kingdom (Finalto Trading Ltd) – 607305 • Australia (Finalto) – ABN 82158641 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | No |
| ✔️ Regional Restrictions | The United States, Japan, Canada, Belgium, Israel, New Zealand, Russia, Hong Kong, and several other regions |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 1 |
| ✔️ PAMM Accounts | Yes |
| 💻 Liquidity Providers | None indicated |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market and Instant |
| 📊 Starting spread | 0.6 pips EUR/USD |
| 📉 Minimum Commission per Trade | Commission-free |
| 💰 Decimal Pricing | Up to 5 digits after the comma |
| 📞 Margin Call | 50% |
| 🛑 Stop-Out | 20% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots |
| ✅ Crypto trading offered? | No |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | 1:300 |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 1,300 Botswanan Pula or an equivalent to $100 |
| ✔️ Botswana Pula Deposits Allowed? | No, only USD, ZAR, GBP, and EUR |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based Markets.com customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Bank Wire Transfer • Credit Card • Debit Card • Skrill • Neteller • PayPal • Local Bank Transfer • Ideal • Sofort |
| 💻 Minimum Withdrawal Time | 24 Hours |
| ⏰ Maximum Estimated Withdrawal Time | 7 working days |
| 💳 Instant Deposits and Instant Withdrawals? | Yes |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • MarketsX • MetaTrader 4 • MetaTrader 5 |
| 💻 Tradable Assets | • Forex Pairs • Commodities • Exchange-traded funds (ETFs) • Indices • Crypto Assets • Stocks |
| ✔️ Offers USD/BWP currency pair? | No |
| 📊 USD/BWP Average Spread | No |
| ✅ Offers Botswana Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, Spanish, Thai, Vietnamese |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Botswana-based customer support? | Yes |
| 💸 Bonuses and Promotions for Botswanans? | Yes |
| 📚 Education for Botswana beginner traders | Yes |
| 📱 Proprietary trading software | No |
| 🤝 Most Successful Trader in Botswana | Currently unknown |
| ✔️ Is Markets.com a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for Markets.com Botswana | 7/10 |
| 🥇 Trust score for Markets.com Botswana | 98% |
| 👉 Open Account | 👉 Open Account |
Markets.com Regulation and Safety of Funds
Markets.com Regulation in Botswana
👉 The local market regulators in Botswana are as follows:
➡️ Ministry of Finance and Economic Development (MFED)
➡️ Bank of Botswana (BoB)
➡️ Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
👉 While Markets.com is regulated globally, the broker does not yet have local regulations or licenses in Botswana. However, Markets.com is a popular and trustworthy broker that accommodates Botswanan traders.
Markets.com Global Regulations
👉 The following entities regulate Markets.com:
➡️ The Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) are responsible for regulating Markets.com AU and Markets.com CY, respectively.
➡️ com SA is governed by the reputable and stringent Financial Sector Conduct Authority (FSCA) in South Africa, where the firm maintains a local office.
➡️ com UK is overseen and regulated by the Financial Conduct Authority (FCA).
➡️ In addition to regulating Markets.com, the British Virgin Islands Financial Services Commission (BVI FSC) is responsible for its management.
Markets.com Client Fund Security and Safety Features
👉 Each region is responsible for ensuring that investors’ interests are protected. Markets.com’s size allows it to adapt its services to your area, including any local restrictions.
👉 In several countries worldwide, strict financial reporting regulations require segregating client assets. As a result, customers’ funds are maintained in separate bank accounts from Markets.com’s own funds, and negative balance protection is advantageous for traders.
Markets.com Awards and Recognition
👉 Other than the “Best Trading Platform” award from FxScouts in 2020, Markets.com does not presently provide any information on its awards and accolades.
Markets.com Account Types and Features
👉 Even though Markets.com does not provide several account types, the trading criteria differ based on the chosen platform. For example, traders can open a real and a demo account with a single sign-up.
👉 Botswanan traders would choose to utilize MarketsX, Marketsi, MT4, or MT5 after opening an account. MarketsX is a multi-asset trading platform for financial markets, while Marketsi is an investment platform.
| 💻 Live Account | 💳 Minimum Dep. | 📊 Average Spread | 💸 Commissions | 💰 Average Trading Cost |
| MarketsX | 1,500 BWP/$100 | 0.8 pips | Spread Only | 8 USD |
| MetaTrader 4 | 1,500 BWP/$100 | 0.6 pips | Spread Only | 6 USD |
| MetaTrader 5 | 1,500 BWP/$100 | 0.6 pips | Spread Only | 6 USD |
Markets.com Live Trading Account Details
MarketsX Account
| Account Feature | Value |
| 💵 Minimum Deposit | 1,300 BWP or an equivalent to $100 |
| 📊 Average Spreads MarketsX | From 0.8 pips on major forex pairs |
| 📈 Average Spreads MetaTrader 4 | From 0.6 pips on major forex pairs |
| 📉 Average Spreads MetaTrader 5 | From 0.6 pips on major forex pairs |
| 💰 Commissions | None |
| 💵 Leverage | Up to 1:300 for non-EU traders |
| 💸 Trading Platforms | • MetaTrader 4 • MetaTrader 5 • MarketsX |
| 📱 Customer Support Offered | Yes |
| 💻 Trading Signals | Yes |
| 🔧 Trading Tools offered | Yes |
| 🚨 Trading Alerts and Notifications | Customizable alerts |
| 📉 Range of Markets | 8,000+ financial instruments |
Markets.com Base Account Currencies
👉 Botswanans can choose their default account currency among USD, EUR, GBP, DKK, NOK, SEK, PLN, CZK, and AED when opening an account with Markets.com.
👉 This implies that Botswanans making deposits or withdrawals in BWP can incur currency translation costs, which might harm their profitability.
Markets.com Demo Account
👉 Traders can also open a Demo Account, which allows them to learn how the platform and markets function. Demo accounts come with a $10,000 virtual balance.
👉 The 30-day duration of the sample account is extendable if required. Additionally, it is mobile-friendly, so you can study trading on your smartphone or tablet.
Markets.com Islamic Account
👉 Depending on their trading style and approach, a forex trader’s position may be open for longer than 24 hours throughout a trading day.
👉 This might incur an overnight or rollover fee for the trader. Moreover, this kind of interest is prohibited under Sharia law’s Riba regulations, restricting Muslim forex traders.
👉 Muslim traders who adhere to Sharia may create a live account with Markets.com and have it converted into an Interest-Free Islamic Account, exempting them from paying or earning overnight fees when positions are open for more than 24 hours.
How to open an Account with Markets.com in Botswana
👉 Follow these procedures to open an account with Markets.com, Botswanan traders:
➡️ Navigate to the Markets.com website and choose “Create Account.”
➡️ Traders will be required to supply personal and financial information and answer a questionnaire on their trading experience and general financial market understanding on the application form that loads.
➡️ Traders must complete the obligatory Know Your Customer (KYC) procedure, during which they must upload evidence of identification and domicile.
➡️ Before applying, traders must review and accept the Markets.com risk disclosure, customer agreement, and business terms.
➡️ Once Markets.com receives the required paperwork, the information given by the trader will be evaluated, and the account application will be granted or rejected.
➡️ Once authorized, traders may begin trading by making a minimal deposit.
Markets.com Vs HFM Vs Exness – Broker Comparison
| 🥇 Markets.com | 🥈 HFM | 🥉 Exness | |
| ⚖️ Regulation | ASIC, CySEC, FSCA, FCA, BVI FSC | FSCA, CySEC, DFSA, FSA, FCA, FSC, and CMA with registration in ACPR, BaFin, MNB, CONSOB, CNMV, FI, FMA, FSC, and other regions | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA |
| 📱 Trading Platform | • MarketsX • MetaTrader 4 • MetaTrader 5 | • MetaTrader 4 • MetaTrader 5 • HF App | • MetaTrader 4 • MetaTrader 5 • Exness App • Exness Terminal |
| 💰 Withdrawal Fee | None | No | No |
| 📊 Demo Account | Yes | Yes | Yes |
| 📈 Minimum Deposit | 1,300 BWP | 66 BWP | 130 BWP |
| 📊 Leverage | 1:300 | 1:1000 | Unlimited |
| 📊 Spread | From 0.6 pips | 0.0 pips | Variable, from 0.0 pips |
| 💰 Commissions | Spread only | $3 to $4 | From $0.1 per side per lot |
| ✴️ Margin Call/Stop-Out | 50%/20% | • 40%/10% • 50%/20% | 60%/0% |
| 💻 Order Execution | Instant, Market | Market | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | Yes |
| 📈 Account Types | MarketsX Account | • Micro Account • Premium Account • Nigeria HFcopy Account • Nigeria Zero Spread Account • Auto Account | • Standard Account • Standard Cent Account • Raw Spread Account • Zero Account • Pro Account |
| ⚖️ CBN Regulation | No | No | No |
| 💳 BWP Deposits | No | Yes | Yes |
| 📊 Botswana Pula Account | No | No | No |
| 👥 Customer Service Hours | 24/5 | 24/5 | 24/7 |
| 📊 Retail Investor Accounts | 2 | 5 | 3 |
| ☪️ Islamic Account | Yes | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots | 60 lots | Unlimited |
| 💰 Minimum Withdrawal Time | 24 hours | 10 Minutes | Instant |
| 📊 Maximum Estimated Withdrawal Time | 7 working days | 10 business days | Up to 72 hours |
| 💸 Instant Deposits and Instant Withdrawals? | Yes, Deposits | No | Yes |
Markets.com Trading Platforms
👉 Markets.com offers Botswanan traders a choice between these trading platforms:
➡️ MarketsX
➡️ MetaTrader 4
➡️ MetaTrader 5
Desktop Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
👉 The Forex-specific MetaTrader 4 (MT4) platform remains one of the most popular and user-friendly trading platforms.
👉 MT4, used by millions of traders across the globe, offers an abundance of tools and functionality to provide a smooth and pleasant trading experience for traders of all experience levels.
MetaTrader 5
👉 MetaTrader 5, abbreviated as MT5, is a multi-asset derivatives platform designed for trading on a wide range of currencies, futures, stocks, and CFDs. In contrast, MetaTrader 4, or MT4, was created particularly for currency trading.
👉 It is a streamlined, faster version of MT4 that allows hedging and netting and provides more technical indicators, better market depth information, and a wider number of periods. In addition, it provides a greater variety of technical indications.
WebTrader Platforms
➡️ MetaTrader 4
➡️ MetaTrader 5
MetaTrader 4
👉 MetaTrader 4’s user interface is not too frightening for those new to online trading. The number of accessible trading tools should be adequate to suit the requirements of even the most demanding traders.
👉 More free trading tools are available to increase the platform’s usefulness. When Markets.com controls pricing and infrastructure, you can be guaranteed that your transactions will be performed at the best available rates and with the lowest possible spreads.
MetaTrader 5
👉 Markets.com’s exclusive trading platform, with its support for MetaTrader 5, offers traders a vast array of investment analysis tools, indicators, and signals to assist them in making the most profitable trading decisions possible.
👉 While novice and intermediate traders will find the customized platform most helpful, it is more probable that advanced traders will utilize MetaTrader 5.
Trading App
➡️ MetaTrader 4
➡️ MetaTrader 5
➡️ MarketsX Mobile
MetaTrader 4 and 5
👉 MT4/5 mobile has many tools and features that make trading easy and enjoyable for traders of all experience levels. In addition, the user interface offers a variety of trading instruments to satisfy even the most discerning Botswanan investors.
👉 MetaTrader 5, a multi-asset derivatives platform meant to compete with MetaTrader 4, enables Forex, futures, stock, and CFD trading. In addition, MetaTrader 5 enables hedging and netting and provides a wider selection of timeframes and different technical indicators.
MarketsX
👉 The Markets.com mobile app is compatible with Android and iOS smartphones and tablets. This user-friendly mobile trading application allows you access to several dynamic trading tools and innovative trading technology while on the go.
👉 You may trade online using Markets.com’s award-winning trading platform, which offers various customizable features.
👉 Markets.com’s features include a shortlist of your preferred trading instruments, several chart views, and advanced trading tools, all developed by Markets.com’s algorithms.
👉 The platform’s slick, the user-friendly layout makes trading enjoyable. Moreover, each platform feature may be accessible promptly with a few clicks.
👉 In addition, you may choose a multi-chart view from inside the website, which offers extensive charting with innovative analytical tools and free real-time quotes.
👉 In addition, the app may be downloaded from the App Store or Google Play by completing a simple form on Markets.com.
Markets.com Range of Markets
👉 Botswanan traders can expect the following range of markets from Markets.com:
➡️ Shares
➡️ Bonds
➡️ Cryptocurrencies
➡️ Forex
➡️ ETFs
➡️ Futures
➡️ Indices
➡️ Blends
➡️ Commodities
Financial Instruments and Leverage offered by Markets.com
| 🔨 Instrument | 💰 Number of Assets Offered | 📈 Max Leverage Offered |
| ➡️ Shares | 1,953 | 1:10 |
| ➡️ Bonds | 4 | 1:1000 |
| ➡️ Cryptocurrencies | 25 | 1:10 |
| ➡️ Forex | 67 | • MarketsX – 1:300 • MT4/MT5 – 1:200 |
| ➡️ ETFs | 60 | 1:33 |
| ➡️ Indices | 40 | 1:200 |
| ➡️ Blends | 10 | 1:10 |
| ➡️ Commodities | 28 | 1:200 |
| ➡️ Futures | 19 | 1:200 |
Broker Comparison for Range of Markets
| Markets.com | HFM | Exness | |
| ➡️️ Forex | Yes | Yes | Yes |
| ➡️️ Precious Metals | Yes | Yes | Yes |
| ➡️️ ETFs | Yes | No | No |
| ➡️️ CFDs | Yes | Yes | Yes |
| ➡️️ Indices | Yes | Yes | Yes |
| ➡️️ Stocks | Yes | Yes | Yes |
| ➡️️ Cryptocurrency | Yes | Yes | No |
| ➡️️ Options | Yes | No | No |
| ➡️️ Energies | No | Yes | Yes |
| ➡️️ Bonds | Yes | Yes | No |
Markets.com Trading and Non-Trading Fees
Spreads
👉 Markets.com provides a premium service with market-beating spreads that change based on market price, financial instrument, and time of day. Therefore, Botswanan traders engaged in leveraged trading with Markets.com should only concern themselves with the spread since the broker charge is already included.
👉 The following are some common spreads that traders might anticipate from Markets.com:
➡️ EUR/USD – from 0.8 pips
➡️ USD/JPY – from 1.2 pips
➡️ AUD/USD – from 0.7 pips
➡️ USD/CHF – from 1.7 pips
➡️ USD/CAD – from 1.4 pips
➡️ GBP/USD – from 1.1 pips
Commissions
👉 Markets.com does not charge commissions for MarketsX, MetaTrader 4, or MetaTrader 5; traders are only charged the spread, which includes Markets.com’s broker fee for completing the transaction.
Overnight Fees, Rollovers, or Swaps
👉 Each open position close to a company’s trading day may incur overnight rollover fees. The rollover charge calculation method differs based on the appropriate instrument type.
👉 In addition, since the fee is tied to current interbank interest rates, its amount will change. This charge may be assessed to your account at the end of the trading day, with or without prior notice.
👉 To avoid the automatic termination of your account, any open positions will be automatically rolled over to the next trading day. As a result, Botswanan traders should anticipate some of the following overnight fees:
➡️ EUR/USD – a short swap of -12.0485 points and a long swap of -12.0489 points.
➡️ Cryptocurrency pairs – short swaps of -12 points and long swaps of -25 points.
➡️ BTCFutures – a short swap of -501.2 points and a long swap of -501.2 points.
➡️ Brent Toil – a short swap of -1.05 points and a long swap of -1.09 points.
➡️ XAU/USD – a short swap of -28.52 points and a long swap of -29.49 points.
➡️ AUS200 – a short swap of -63.835 points and a long swap of -67.59 points.
➡️ US100 – a short swap of -123.6 points and a long swap of -130.8 points.
➡️ VIXX – a short swap of -0.211 points and a long swap of -0.258 points.
➡️ APPL – a short swap of -0.592 points and a long swap of -0.62 points.
➡️ EUR-BUND-10Y – a short swap of -1.2 points and a long swap of -1.2 points.
👉 During significant refinancing operations, the Central Bank of the country whose currency the asset is denominated in announces the Key Interest Rate (or an equivalent). The Financing Charge is a product-specific charge comprised of the following costs:
➡️ Forex – 3.75%
➡️ Indices – 3.75%
➡️ Oil – 6%
➡️ Shares – 11%
➡️ Commodities – 6%
➡️ Natural Gas – 10%
Deposit and Withdrawal Fees
👉 Markets.com does not charge any fees on the deposit or withdrawal methods offered.
Inactivity Fees
👉 After 90 consecutive days of inactivity, inactivity fines are applied to trading accounts. If an account becomes inactive, a $10 fee will be assessed until the account balance reaches zero. At that point, the account will be closed.
Currency Conversion Fees
👉 Markets.com applies currency conversion fees equal to 0.6% multiplied by the conversion rate. These costs are collected when currencies are exchanged.
Markets.com Deposits and Withdrawals
👉 Markets.com offers the following deposit and withdrawal methods:
➡️ Bank Wire Transfer
➡️ Credit Card
➡️ Debit Card
➡️ Skrill
➡️ Neteller
➡️ PayPal
➡️ Local Bank Transfer
➡️ Ideal
➡️ Sofort
Broker Comparison: Deposit and Withdrawals
| 🥇 Markets.com | 🥈 HFM | 🥉 Exness | |
| Minimum Withdrawal Time | 24 hours | 10 Minutes | Instant |
| Maximum Estimated Withdrawal Time | 7 working days | 10 business days | Up to 72 hours |
| Instant Deposits and Instant Withdrawals? | Yes, Deposits | No | Yes |
Markets.com Deposit Currencies, Accepted Regulatory Regions for Method, Processing Time, Minimum Withdrawal Amount
| 💳 Payment Method | 💵 Deposit Currencies | 💳 Deposit Processing | 💰 Minimum Withdrawal |
| Bank Wire Transfer | Europe, Australia, UK, BVI | 1 to 2 days | • 100 USD, EUR, GBP • 20 EUR (EU) |
| Credit Card | Europe, Australia, UK, BVI | Up to 24 hours | 10 USD, EUR, GBP |
| Debit Card | Europe, Australia, UK, BVI | Up to 24 hours | 10 USD, EUR, GBP |
| Skrill | Europe, Australia, UK, BVI | – | 5 USD, EUR, GBP |
| Neteller | Europe, Australia, UK, BVI | – | 5 USD, EUR, GBP |
| PayPal | Europe | – | – |
| Local Bank Transfer | Europe, Australia, UK, BVI | – | – |
| Ideal | Europe | – | – |
| Sofort | Europe | – | – |
How to Deposit Funds with Markets.com
👉 To deposit funds to an account with Markets.com, Botswanan traders can follow these steps:
➡️ The “Menu” button can be found in the upper-right area of the platform.
➡️ Choose the “Add Funds” button and select the payment method of your choice.
➡️ Provide the amount you intend to deposit and the currency of the deposit, then confirm the information to complete the transaction.
Markets.com Fund Withdrawal Process
👉 To withdraw funds from an account with Markets.com, Botswanan traders can follow these steps:
➡️ To withdraw money from your Markets.com account, go to the Menu in the upper right corner of the site and choose withdrawal.
➡️ If withdrawing using the mobile app is more convenient, you may do so.
➡️ Complete and submit the withdrawal request to Markets.com for processing.
👉 Up to the amount placed, clients will receive monies using the same payment method they used to deposit. For example, if a deposit is made using a credit card, the funds will be returned to the same credit card.
👉 Preference is given to credit card deposits, which will be refunded first (with deposits made within the last year getting priority), followed by other withdrawal methods.
Markets.com Education and Research
Education
👉 Markets.com offers the following Educational Materials:
➡️ Xray
➡️ eBooks
➡️ Market News
➡️ FAQs
➡️ Webinars
Research and Trading Tool Comparison
| 🥇 Markets.com | 🥈 HFM | 🥉 Exness | |
| ➡️ Economic Calendar | No | Yes | Yes |
| ➡️ VPS | No | Yes | Yes |
| ➡️ AutoChartist | No | Yes | Yes |
| ➡️ Trading View | Yes | No | Yes |
| ➡️ Trading Central | No | No | Yes |
| ➡️ Market Analysis | Yes | Yes | Yes |
| ➡️ News Feed | Yes | Yes | Yes |
| ➡️ Blog | Yes | Yes | Yes |
👉 Markets.com also offers Botswanan traders the following additional Research and Trading Tools:
➡️ Analysis
➡️ Market insight
➡️ Fundamental Analysis
➡️ Technical Tools
➡️ Sentimental tools
➡️ Blogger’s opinions
➡️ Hedge Funds Investment Confidence
➡️ Insider Trades
➡️ Trading Analysis Recommendations
➡️ Trends in Trading
➡️ Trading Signals
➡️ Advanced Charting
➡️ Financial Commentary
➡️ Advanced Trading Alerts
➡️ Thomson Reuters Stock Report
Markets.com Bonuses and Promotions
👉 Markets.com does not currently offer any active bonuses or promotions to Botswanan traders.
How to open an Affiliate Account with Markets.com
👉 To register an Affiliate Account, Botswanan traders can follow these steps:
➡️ Go to the Markets Affiliates website by typing “Markets.com Affiliates” into your browser’s search bar.
➡️ Before joining, read Markets.com’s partnership offering, terms and conditions, Privacy Policy, and client agreement.
➡️ Click the “Become a partner today” banner and fill out the Affiliate account application using your username, first and last name, email address, and mobile phone number. Next, pick a user-defined password, select your country from the drop-down menu, and input your firm information, such as its name and website address.
➡️ Apply by clicking “Register,” and then wait for a Markets.com affiliate customer representative to contact you about the status of your application.
Markets.com Customer Support
👉 This award-winning trading platform has excellent customer support accessible through phone, email, and live chat throughout the trading week to assist you with any questions or technical issues. In addition, Markets.com has a thorough FAQ area that addresses a range of topics.
| Customer Support | Markets.com’s Customer Support |
| ⏰ Operating Hours | 24/5 |
| 🗣 Support Languages | Arabic, Afrikaans, Bulgarian, French, German, Greek, Italian, Spanish |
| 🗯 Live Chat | Yes |
| 📧 Email Address | Yes |
| ☎️ Telephonic Support | Yes |
| 📞 Local Support in Botswana? | No |
| 🥇 Overall quality of Markets.com Support | 4.7/5 |
Markets.com Corporate Social Responsibility
👉 Currently, Markets.com provides no information about CSR activities or projects.
Our Verdict on Markets.com
👉 Markets.com is a well-regulated broker that offers to trade on a wide variety of assets that other brokers seldom offer. In addition, Markets.com provides traders with a free choice of trading platforms and a comprehensive selection of trading tools.
👉 In addition, Markets.com excels in customer service, and all traders have access to a personal account manager, an industry rarity. As a result, Markets.com is an excellent option for traders of all levels of expertise.
👉 A broad range of currency pairs, metals, stocks, bonds, ETFs, cryptocurrencies (Crypto CFDs are not available to retail customers via the broker’s UK business), and blends is one of the platform’s finest characteristics.
👉 Blend funds from Markets.com, such as the Buffet, Soros, Cannabis, Brexit Winners and Losers, and Dogs of the Dow blends, provide investors with a varied mix of growth and value companies across a variety of sectors and geographies.
👉 Markets.com provides several buy, sell, and hold signalling tools in addition to their fundamental investor education offerings. In addition, investors will benefit from Markets.com’s stock alerts, insider trade alerts, hedge fund confidence indices, and user-generated trading trends.
Markets.com Pros and Cons
| ✔️ Pros | ❌ Cons |
| Markets.com is extremely well-regulated | There is an inactivity fee |
| There are commission-free options offered | |
| Markets.com provides advanced trading tools | |
| There is 24/5 dedicated customer support | |
| Botswanans can choose from flexible account types | |
| There is a demo and Islamic account | |
| There are flexible funding and withdrawal options offered |
FAQ
Is Markets.com regulated?
Markets.com is well-regulated by ASIC, CySEC, FSCA, FCA, and BVI FSC.
Does Markets.com have Nasdaq?
Markets.com allows Nasdaq to be traded as a Primary CFD, Futures CFD, or Cash instrument under the “US Tech 100” category of CFD on Indices.
How do I open a demo account on Markets.com?
You may access this feature directly from the homepage of the main website. Then, after filling out a brief registration form and confirming your contact information, you can begin trading by downloading the MT4, MT5, or MarketsX mobile platforms.
What is the minimum deposit for Markets.com?
Markets.com requires a minimum deposit of 1,300 BWP, or around USD 100.
Does Markets.com have Volatility 75?
Primary CFDs on Markets.com include Volatility 75.
What is the withdrawal time with Markets.com?
The Markets.com withdrawal time can range from a few hours to a few days.
Does Markets.com have a no-deposit bonus?
There is no no-deposit bonus available to new customers in Botswana on Markets.com.
Is Markets.com safe or a scam?
Markets.com is a legit broker that is well-regulated and guarantees the safety of all client funds.
Conclusion
👉 Now it is your turn to participate:
➡️ Do you have any prior experience with Markets.com?
➡️ What was the determining factor in your decision to engage with Markets.com?
➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or other factors?
➡️ Have you experienced any issues with Markets.com, such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
👉 Regardless, please share your thoughts in the comments below.
Addendum/Disclosure:
👉 No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
