Markets.com
TopForex
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Overview
Markets.com was founded in 2008 and is headquartered in Cyprus, while TopForex was established in 2009 and is based in Cyprus. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. Markets.com serves 10,000+ clients worldwide; TopForex has 10,000+. The minimum deposit is $250 at Markets.com and $100 at TopForex.
| Feature | Markets.com | TopForex |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2009 |
| Country | Cyprus | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Markets.com and TopForex, directly affecting your bottom line as a trader. TopForex has a lower barrier to entry with a minimum deposit of $100 (vs $250 at Markets.com). TopForex charges withdrawal fees while Markets.com does not, giving Markets.com an edge for frequent withdrawers. Overall, TopForex scores higher on fees in our assessment.
| Feature | Markets.com | TopForex |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Markets.com offers MT4, MT5, cTrader, while TopForex 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 | TopForex |
|---|---|---|
| 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, Web Trader, 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 TopForex compare. TopForex runs regular live webinars; Markets.com does not. Both provide video tutorials. TopForex publishes daily market commentary; Markets.com does not. Both integrate third-party research tools. TopForex maintains an archive of past webinars for on-demand viewing. TopForex scores higher overall in education and research.
| Feature | Markets.com | TopForex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
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 TopForex supports 2 (bank transfer, credit/debit card). Markets.com uniquely supports PayPal among the two brokers. Markets.com scores higher on deposit and withdrawal flexibility.
| Feature | Markets.com | TopForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | No | No |
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 TopForex offer live chat support. Both provide phone support. Email support is available at both brokers. Markets.com supports 14 languages and TopForex supports 2, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | Markets.com | TopForex |
|---|---|---|
| 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, and Chinese |