If you are reading this article, you’re likely having trouble deciding whether Forex.com or Markets.com is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.
In this Forex.com vs Markets.com review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:
- Features and Platforms
- Available Markets
- Typical Spreads and Fees
- Security and Trust
- Markets vs BlackBull Markets - Verdict
United States New Zealand ASIC, BVIFSC, CySEC, FCA, FSCA FMA, FSA 2008 2014 Market Maker ECN/STP, No Dealing Desk $100 $0 N/A Proprietary platform MetaTrader 4, MetaTrader 5, cTrader, Trading View 0.7 pips 1.3 pips 1.1 pips 2.0 pips $0.05 $0.03 $0.30 $0.90 79.90% Undisclosed Not applicable 0.0 pips 0.6 pips 0.8 pips Commission-free $6.00 per round lot Visit Website Visit Website
Features and Platforms
N/A N/A Visit Website Visit Website
The trading environment at Markets.com remains highly competitive. Besides the out-of-the-box MT4/MT5, investors get the proprietary Marketsi trading platform and traders the Marketsx one. Two unique tools, the Investment Strategy Builder and the XRay personalized financial live stream service stand out. Fourteen additional trading tools provide clients with an edge. BlackBull Markets is a New Zealand-based broker and FinTech company and provides clients with a choice between the core MT4/MT5 trading platforms and TradingView. It does maintain technology infrastructure ideal for ECN trading and automated trading solutions, supported via VPS hosting and FIX API trading.
Available Markets
N/A N/A Visit Website Visit Website
The asset selection at Markets.com consists of 67 currency pairs, 25 cryptocurrency pairs, and 28 commodities. Equity traders get 2,027 equity CFDs, 40 index CFDs, 60 ETFs, 23 in-house themed stock baskets, and four bond CFDs. BlackBull Markets merely lists 30 currency pairs, four commodities, and nine index CFDs. Even for new traders, the available at BlackBull Markets remains inadequate. Markets.com provides one of the most balanced choices of assets, suitable for all types of traders. BlackBull Markets ranks among the brokers with the fewest available assets. Unless it decides to increase them, the technology investment appears wasted.
Typical Spreads and Fees
0.7 pips 1.3 pips 1.1 pips 2.0 pips $0.05 $0.03 $0.30 $0.90 $51.50 $24 Not applicable 0.0 pips 0.6 pips 0.8 pips Commission-free $6.00 per round lot N/A No Visit Website Visit Website
Markets.com features a commission-free Forex pricing environment commencing from 0.6 pips versus 0.8 pips at BlackBull Markets. It results in a minimum difference of $2 per 1.0 standard lot, with $6 at the former and $8 at the latter. BlackBull Markets also has a commission-based option with raw spreads from 0.1 pips for a cost of $6 per lot plus a volume-based rebate program. Therefore, high-frequency traders can achieve a lower trading fee. Other costs to consider are swap rates on leveraged overnight positions, third-party payment processor costs, plus an internal withdrawal levy at BlackBull Markets.
Security and Trust
Australia, Cyprus, United Kingdom, British Virgin Islands, South Africa New Zealand, Seychelles ASIC, BVIFSC, CySEC, FCA, FSCA FMA, FSA 607305, 092/08, 424008, SIBA/L/14/1067, 46860 403326, SD045 Visit Website Visit Website
Publicly listed Playtech PLC, a constituent of the FTSE250, is the corporate owner of Markets.com, providing a layer of financial stability reserved for only a few brokers. Besides the £/€/$1,000,000 excess of loss insurance policy, Markets.com has regulatory licenses from the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities & Investments Commission (ASIC), and the British Virgin Islands Financial Services Commission (FSC). The primary regulator for BlackBull Markets is the New Zealand Financial Monetary Authority (FMA). Client deposits remain segregated at both brokers, and negative balance protection applies.
Markets vs blackbull-markets – Verdict
Investors and traders seeking a trustworthy and competitive broker with an excellent pricing environment will feel at home at Markets.com. Fourteen trading tools, together with the Investment Strategy Builder and the personalized financial live stream service XRay enhance the core trading environment. Investors will manage their portfolios with Marketsi, one of the two proprietary trading platforms. CFD traders can either opt for Marketsx or rely on the MT4/MT5 trading platforms. The asset selection at Markets.com ranks among the most balanced ones. BlackBull Markets only offers out-of-the-box MT4/MT5 trading platforms. It maintains a superior technology infrastructure, ideal for automated trading solutions, as evident by VPS hosting and FIX API trading. The most significant drawback at BlackBull Markets is the asset selection, which remains among the fewest industry-wide. The cost structure remains acceptable, but BlackBull Markets cannot compete with the overall product and services portfolio available at Markets.com.
You might also be interested in reviewing the below broker comparisons:
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