Markets.com
synergy fx
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Markets.com was founded in 2008 and is headquartered in Cyprus, while synergy fx was established in 2013 and is based in Cayman Islands. Markets.com holds licences including Cyprus Securities and Exchange Commission (CySEC), while synergy fx is regulated by Financial Conduct Authority (FCA) among others. Markets.com serves 10,000+ clients worldwide; synergy fx has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | Markets.com | synergy fx |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F316 |
| Founded | 2008 | 2013 |
| Country | Cyprus | Cayman Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Markets.com and synergy fx, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Markets.com | synergy fx |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Markets.com offers MT4, MT5, cTrader, while synergy fx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Markets.com | synergy fx |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Markets.com and synergy fx compare. synergy fx runs regular live webinars; Markets.com does not. Both provide video tutorials. synergy fx publishes daily market commentary; Markets.com does not. Both integrate third-party research tools. synergy fx maintains an archive of past webinars for on-demand viewing. synergy fx scores higher overall in education and research.
| Feature | Markets.com | synergy fx |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Markets.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while synergy fx supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). synergy fx uniquely supports Skrill and Neteller among the two brokers. synergy fx scores higher on deposit and withdrawal flexibility.
| Feature | Markets.com | synergy fx |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Markets.com and synergy fx offer live chat support. Both provide phone support. Email support is available at both brokers. Markets.com supports 14 languages and synergy fx supports 8, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | Markets.com | synergy fx |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Norwegian, Polish, Romanian, Russian, Spanish, and Turkish | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |