Company

Spread

for EURUSD

Min.

Deposit

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Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details

Markets.com

Offers five ways to trade: Forex, Shares, Indices, Commodities, ETF and CFD

 
Markets.com
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$100Min. Deposit Learn More
  • MT4
  • WebTrader
  • Mobile apps
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  • Variable

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Trust Score:

B

Established in:

2008

Regulated by:

CySEC, Financial Services Boar...

CFDs are leveraged products and can result in the loss of your capital. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Norway

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose Markets.com
For Norway?

Markets.com scored best in our review of the top brokers for norway, which takes into account 120+ factors across eight categories. Here are some areas where Markets.com scored highly in:

  • 9+ years in business
  • Offers + instruments
  • A range of platform inc. MT4, Web Trader, Tablet & Mobile apps
  • 24/7 customer service
  • Tight spreads from 2.0 pips
  • Used by + traders
  • Allows hedging
  • 5 languages
  • Leverage up to 100:1

Markets.com offers five ways to trade: Forex, Shares, Indices, Commodities, ETF and CFD. If you wanted to trade EURUSD through copy trading or other means, skip to part two.

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

Markets.com have a B trust score, which is good. This is largely down to them being regulated by CySEC, Financial Services Board, segregating client funds, being established for over 9 years, and much more. For comparison:

Trust Score comparsion

Markets.com
Trust Score B
Year Established 2008
Regulated by CySEC, Financial Services Board
Uses tier 1 banks
Company Type Public Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We've compared these in detail in part three of this guide.

Part 2

Who Markets.com is (& Isn’t)
Suitable For

As mentioned, Markets.com allows you to trade in five ways: Forex, Shares, Indices, Commodities, ETF and CFD.

Suitable for:

  • CFD Trading
  • Forex Trading

Not Suitable for:

To trade with Markets.com, you'll need a minimum deposit of $100. Markets.com offers a range of different account types for different traders including a mini account, vip account.

Finally, Markets.com isn't available in the following countries: AF, DZ, AS, AO, AU, BE, BA, BR, KH, CA, CN, CU, KR, GU, GY, HK, ID, IR, IQ, IL, JP, LA, MO, MY, MM, NZ, MP, PA, PG, PH, PR, RU, SG, KR, SD, SY, TW, TH, TR, UG, VI, VU, USA, VN, YE.

Part 3

A Comparison of Markets.com vs. vs.


Want to see how Markets.com stacks up against and ? We've compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Markets.com
Fixed Spreads
Variable Spreads
EUR/USD Spread 2.0
GBP/USD Spread 2.0
USD/CAD Spread 3.0
USD/JPY Spread 3.0
DAX Spread 2
FTSE 100 Spread 2
S&P500 Spread 1

Comparison of account & trading features

Markets.com
Spread type Fixed
EUR/USD Spread 2008
EUR/GBP Spread CySEC, Financial Services Board
Crude Oil Spread
Gold Spread Public Private Private
DAX Spread

Part 4

Plus500

www.plus500.no

Plus500 operate in Norway under the subsidiary, Plus500CY Ltd, which is regulated by one of Europe’s most trusted regulators, the Cyprus Securities and Exchange Commission (CySEC). The organisation are licensed to provide investment services and ancillary services for a wide range of financial instruments, including derivative contracts relating to commodities, indices, interest rates, currencies, and securities, amongst others. The company are publicly listed in the AIM section of the LSE.

Plus500 have a dedicated Norwegian language website, which is well organised and offers an introduction to the company and the products and services on offer. A live or demo account can be set up through the website, and this allows instant access to the online trading platform. The platform is accessible and easy to navigate, allowing users to quickly find the instrument they wish to trade, and to short or buy the instrument. Advanced features include the ability to close a position once it reaches a particular value, and price alerts can be set up for instruments that a trader is keen on following.

The CFD trading platform can be set up with Norwegian Krone as the base currency, and it can be accessed online from any device with an internet connection or downloaded as an app. Clients can switch easily between the free demo account and the live account, and traders can set up challenges within the demo account where they can compete against friends and colleagues.

Some of the top CFDs for Norwegian traders include the Norway 25 index, Brent Oil, Apple, Litecoin and Olje. Deposits can be made by bank transfer, credit/debit card, or Paypal/Skrill.

AvaTrade

www.avatrade.com

AvaTrade are one of the top brokers for traders from Norway for a number of reasons. They are one of the largest brokerage firms in the EU offering financial instruments such as forex and CFDs. Their services are offered in Norway under the AVA Trade EU Ltd. entity, which is regulated by the Central Bank of Ireland and compliant with the European Union’s Markets in Financial Instruments Directive (MiFID). The regulations set the conduct standards that firms are expected to adhere to, and cover the requirements for the transparency of trades, amongst other things. Their regulatory status ensures clients are offered security and fair treatment when engaging with AvaTrade.

AvaTrade’s automated trading platforms are expansive, allowing access to numerous different markets including stocks, cryptocurrencies and commodities including gold, silver, sugar and cotton. There are also multiple indices available to traders, including all of the major European indices. Traders can choose between AvaTrade’s own platforms, and the MetaTrader 4 platform, all of which are available for mobile devices. Within their selected platform, clients can open and close positions, view and analyse charts, save their own custom layout, view account information and much more. The balance and other features are updated in real time and the dealing window displays prices.

For deposits and withdrawals, AvaTrade offer their own debit card, or clients can simply use bank transfers and their own debit/credit card to deposit and withdraw funds. Norwegian customer support is also available via Live Chat, email or telephone.

IG

www.ig.com/no

IG Markets Limited are a regulated broker offering trading services under the trading name IG. They are authorised and regulated by the UK’s Financial Conduct Authority (FCA), and licensed to provide services in Norway under the EEA’s passport arrangements. With more than 40 years in the industry, they are one of the most experienced brokers and with over 152,000 active clients as at 2016, they are also amongst the most popular.

A Norwegian language website is available allowing traders from Norway to get comprehensive information about the products, services and trading platforms provided by IG. The latest news and analysis are also available from the website.

Traders have access to more than 15,000 different markets through contracts for difference (CFDs), such as indices, stocks and shares, commodities, options, bonds and much more. Just some of the top instruments traded by Norwegian clients include the Norway 25 index, Sweden 30, and Germany 30. Popular Forex pairs within Norway include EUR/NOK and EUR/USD.

The trading platform can be tried out by opening a demo account, and 100,000 virtual Norwegian Krone will be available to trade with. The base currency of a live account can also be selected as Norwegian Krone, and Norwegian language customer support and webinars are also available.


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