Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.
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BrokerDNA™
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
Markets.com
9.5
/10
VISIT MARKETS.COM
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
Tradeo
9
/10
VISIT TRADEO
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
AvaTrade
9.7
/10
VISIT AVATRADE
The BROKERDNA™ score tells you, overall, how reputable, suitable, and affordable a broker is compared to other brokers. This score is algorithmically-generated based on 31 factors. Neither our team, nor the brokers featured on our site, are able to change this without changing their service offering. Learn more here. |
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About |
Markets.com is regulated by CySEC, Financial Services Board. Markets.com have provided Forex, Shares, Indices, Commodities, ETF and CFD trading services since 2008. |
Tradeo is regulated by CySEC and have provided Forex, CFD, and social trading services since 2011. |
AvaTrade is regulated by the Central Bank of Ireland, ASIC (Australia), FSA (Japan), FSB (South Africa) and BVI. AvaTrade have provided Forex trading services since 2006. |
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Why choose them? |
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Headquarters | 148 Strovolos Avenue, 2048 Strovolos, P.O.Box 28132, NICOSIA CYPRUS | Limassol, Cyprus | Dublin, Ireland | |
TRADING SERVICES OFFERED |
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Spot Forex | ||||
Forex (CFD) | ||||
CFD | ||||
Spread Betting | ||||
Social Trading | ||||
MARKETS & INSTRUMENTS | ||||
Forex (currency pairs) | 56 | 41 | 59 | |
Commodities Offered | 0 | 70 | 16 | |
Stocks Offered | 2000 | 0 | 99 | |
Bitcoin | ||||
Majors | ||||
Indices | ||||
US Stocks | ||||
Penny stocks | ||||
Energies | ||||
Metals | ||||
Agriculturals | ||||
FTSE | ||||
Dow Jones | ||||
Dax | ||||
Nikkei | ||||
ETFs | ||||
IPO | ||||
See all instruments
73% of retail investor accounts lose money when trading CFDs with this provider |
See all instruments
80% of retail investor accounts lose money when trading CFDs with this provider |
See all instruments
79% of retail investor accounts lose money when trading CFDs with this provider. |
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PLATFORM & FEATURES |
See the platforms and features offered by each broker |
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Screenshot |
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MT4 | ||||
MT5 | ||||
MT4 Mac | ||||
WebTrader | ||||
Mirror Trader | ||||
ZuluTrade | ||||
Sirix | ||||
cTrader | ||||
PAMM | ||||
Custom Platforms | Safecap | Tradeo | AvaTradeAct, AVAOptions | |
APPS |
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iOS |
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Android |
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Windows |
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Available Languages |
Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish |
English, Russian, German, Italian, Spanish, Chinese, Portuguese, and French |
English, Italian, German, French, Greek, Hebrew, Spanish, Arabic, Malay, Russian, Chinese, Portuguese and Dutch |
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See platform & features
73% of retail investor accounts lose money when trading CFDs with this provider |
See platform & features
80% of retail investor accounts lose money when trading CFDs with this provider |
See platform & features
79% of retail investor accounts lose money when trading CFDs with this provider. |
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ACCOUNT INFORMATION |
From micro accounts to ECN accounts, compare the accounts offered by Markets.com and Tradeo |
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Demo account | ||||
Mini account | ||||
Micro account | ||||
Standard account | ||||
ECN Account | ||||
Islamic account | ||||
Zero spread account | ||||
VIP account | ||||
Fixed spreads | ||||
Variable spreads | ||||
See account options
73% of retail investor accounts lose money when trading CFDs with this provider |
See account options
80% of retail investor accounts lose money when trading CFDs with this provider |
See account options
79% of retail investor accounts lose money when trading CFDs with this provider. |
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TRADING CONDITIONS |
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Scalping | ||||
Hedging | ||||
Expert advisors (EAs) | ||||
Virtual private server | ||||
Direct market access | ||||
STP broker | ||||
Market maker | ||||
Min trade | 0.01 Lot | 0.01 Lot | 0.01 Lot | |
Max trade | None | None | None | |
Min deposit | $100 | $250 | $100 | |
RISK MANAGEMENT |
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Stop losses | ||||
Limit orders | ||||
One-click trading | ||||
Trailing stops | ||||
Price alerts | ||||
Signal trading | ||||
FUNDING METHODS |
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Credit card | ||||
Bank transfer | ||||
Standard account | ||||
Paypal | ||||
Neteller | ||||
Skrill | ||||
Payment processing time | Varies | Varies | Varies | |
Withdrawal processing time | Varies | Varies | Varies | |
See all funding options
73% of retail investor accounts lose money when trading CFDs with this provider |
See all funding options
80% of retail investor accounts lose money when trading CFDs with this provider |
See all funding options
79% of retail investor accounts lose money when trading CFDs with this provider. |
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DETAILED INFO |
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Excluded countries | US, MA, DZ, TN, IR | US, MA, DZ, TN, IR | BE,BR,NZ,US,KE,IN,GH | |
Contact email | Send Email | Send Email | Send Email | |
Phone number | 357-2-203-0583 | 44-203-695-8555 | (44) (0) 8005200423 | |
Live Chat | ||||
Website | https://www.markets.com | https://tradeo.com/ | http://www.avatrade.com/ | |
Spreads: | ||||
EUR/USD (Average: 0.7 pips) | 2.0 pips | 2.7 pips | 0.9 pips | |
GBP/USD (Average: 1.1 pips) | 2.0 pips | 4.0 pips | 1.6 pips | |
USD/JPY (Average: 1.1 pips) | 3.0 pips | 3.5 pips | 1.1 pips | |
AUD/USD (Average: 0.8 pips) | 3.0 pips | 3.1 pips | 1.1 pips | |
USD/CHF (Average: 2.3 pips) | 3.0 pips | 3.7 pips | 1.6 pips | |
USD/CAD (Average: 2.9 pips) | 3.0 pips | 4.1 pips | 2.0 pips | |
NZD/USD (Average: 3.6 pips) | 4.0 pips | 4.5 pips | 1.8 pips | |
EUR/GBP (Average: 2.4 pips) | 3.0 pips | 3.7 pips | 1.5 pips | |
View all spreads
73% of retail investor accounts lose money when trading CFDs with this provider |
View all spreads
80% of retail investor accounts lose money when trading CFDs with this provider |
View all spreads
79% of retail investor accounts lose money when trading CFDs with this provider. |
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FEES |
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Inactivity Fee | Yes | Yes | No | |
Commission | No | No | No | |
Deposit Fee | No | Varies | No | |
Withdrawal Fee | No | Yes | No | |
View All Fees
73% of retail investor accounts lose money when trading CFDs with this provider |
View All Fees
80% of retail investor accounts lose money when trading CFDs with this provider |
View All Fees
79% of retail investor accounts lose money when trading CFDs with this provider. |
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Featured In | Best Bitcoin BrokersBest FTSE100 BrokersBest Dow Jones BrokersBest DAX BrokersBest CySEC Regulated Brokers | Best Social Trading BrokersBest Futures BrokersBest Brokers For CocoaBest DAX BrokersBest CySEC Regulated Brokers | Best MT4 BrokersBest Bitcoin BrokersBest Ethereum BrokersBest Ripple BrokersBest Litecoin Brokers | |
Last update |
All information collected from https://www.markets.com. Last updated on 01/01/2021. |
All information collected from https://tradeo.com/. Last updated on 01/01/2021. |
All information collected from http://www.avatrade.com/. Last updated on 01/01/2021. |
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Company |
Markets.com provide an in-house trading platform that is powerful yet friendly for the user. They give you access to all the popular markets including stocks, currencies, commodities and indicies. Markets.com are regulated by multiple authorities in Europe and provide a secure and transparent service, helping to make them one of the fastest growing Forex and CFD provider. They also provide 24 hour customer support five days a week and have zero commissions and fees on top their platforms. |
Tradeo focuses on transparency, flexibility and reliability to provide traders a positive platform for their trading experience. Tradeo has been featured on many leading publications including TechCrunch, Mashable, The Wall Street Journal and the Dow Jones to name a few. |
Since 2006, Avatrade have attracted over 20,000 traders to their platform. While their spreads are not the most competitive, they do offer traders a range of great features, such as guaranteed stop losses, the ability to hedge / scalp, and low margins. |
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Popular comparisons |
Popular comparisons feat. Markets.com
City Index vs Markets.com |
Popular comparisons feat. Tradeo
ETX Capital vs Tradeo |
Popular comparisons feat. AvaTrade
Avatrade vs LCG |
If you’re a trader looking for a broker that offers a wide variety of instruments to trade, Markets.com is likely the better option out of these brokers. However, if
You can determine a broker’s reliability & trustworthiness by looking at eight factors:
Based on these eight factors, we consider Markets.com to be the more reliable broker. We’ve broken down why below:
Markets.com is regulated by CySEC, Financial Services Board, while Tradeo is regulated by CySEC.
AvaTrade are regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI
If a broker has been around for a long period of time, they’re likely to be more reliable (in comparison, most scam brokers only exist for several years before they disappear).
This also suggests that a broker has good risk management processes that have prevented them being caught out by major financial events, as was the case with Alpari UK going bust when they were there was a policy reversal of capping the Swiss Franc against the Euro.
Markets.com has been around for 13 years, while Tradeo have been around for 10 years. Our third alternative broker, AvaTrade, have been around for 15 years.
You wouldn’t want your broker paying their staff out of the same bank account account that you’re depositing your trading funds into, would you?
Fortunately, all regulated brokers must use segregated bank accounts to hold client money. This is one of the reasons why we only feature regulated brokers here on BrokerNotes.
All three brokers above will hold your money in a separate bank account.
Most tier-1 banks like Barclays and HSBC have been around for over 100 years and manage trillions of dollars of assets, proving that they have stood the test of time.
Both Markets.com and Tradeo use tier one banks, but we are not sure of which bank specifically.
If a broker has been penalised by a regulator in the past five years, it may mean that they were caught doing something they shouldn’t be doing - which may be of concern to you as an end client.
We’re not aware of any penalties or fines imposed by regulators on Markets.com or Tradeo in the past five years.
While not always the case, the number of traders a broker has can be a good metric for understanding how reputable a brokers is.
Companies that are publicly listed on a stock exchange tend to be considered more reputable as they will be required to disclose their financials, and aspects of their operations, to the public.
Markets.com is a publicly listed company, while on the other hand Tradeo is still a privately owned company.
Most reputable brokers tend to be headquartered in a major capital city or a financial hub such as Cyprus.
Markets.com are based in 148 Strovolos Avenue, 2048 Strovolos, P.O.Box 28132, NICOSIA CYPRUS, while Tradeo are based in Limassol, Cyprus .
Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.
This can be broken down into three categories:
If you’re looking to trade currency pairs, both Markets.com and Tradeo offer forex trading. Markets.com have a slightly larger variety of currency pairs with 56 pairs, compared to 41 offered by Tradeo. Also, if you’re looking to trade cryptocurrencies, Markets.com offers a handful of cryptocurrency CFDs to trade, including Bitcoin, Ethereum and Ripple.
Both Markets.com and Tradeo allow you to trade commodities like gold, silver and crude oil.
Tradeo also offer social trading, which allows you to follow the trading activity, engage in discussion, and even copy the trades of other traders.
If you trade forex, there’s a good chance you might want a broker that offers the popular MT4 trading platform. If that’s the case, both Markets.com and Tradeo offer this. Markets.com also offer the new & improved MT5 platform. Our alternative broker, AvaTrade, also offers MT4 and MT5.
In addition to the platform, you’ll also want to ensure that the broker you choose offers the account type best suited to your needs. Markets.com, for example, offer a mini account, standard account and VIP account.
If you have a certain trading style (e.g. scalping, hedging, or using EAs), you’ll want to double check that the broker you choose allows this, as not all of them do.
Markets.com does allow scalping and hedging. While Tradeo also allows scalping and hedging. You can trade with EAs (expert advisors) on both Markets.com and Tradeo.
In terms of risk management tools, Markets.com does offer negative balance protection to prevent you owing your broker more than you’ve deposited, but Tradeo doesn't offer this.
Markets.com also offer stop losses, limit orders, and price alerts to help you automate aspects of your trading strategy.
Markets.com accept Paypal while Tradeo accept Neteller.
Comparing the fee structures of different brokers can be a minefield at times. The important thing to consider is what the spreads & fees are on the specific instruments and account type that you will be using.
For trading EUR/USD, Markets.com and Tradeo both charge points. Therefore, both brokers are equally affordable for this instrument. You can jump back up to our comparison of their currency pair & indice spreads above.
Another consideration is whether or not your broker charges inactivity, deposit/withdrawal fees, or commissions on trades. If you’re a frequent trader, inactivity fees are unlikely to be an issue.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Markets.com is more reliable based on our criteria above. Markets.com has a wider range of instruments to trade. Markets.com offer lower spreads on popular forex instruments like EUR/USD and are used by more traders.
Both brokers offer demo accounts, allowing you to test their platforms to see which is suitable for you. You can test drive their demos using the links below:
Finally, if you’re really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable broker based on your precise requirements here.