Markets.com
USAA
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Overview
Markets.com was founded in 2008 and is headquartered in Cyprus, while USAA was established in 2008 and is based in United States. Markets.com holds licences including Cyprus Securities and Exchange Commission (CySEC), while USAA is regulated by Financial Conduct Authority (FCA) among others. Markets.com serves 10,000+ clients worldwide; USAA has 10,000+. The minimum deposit is $250 at Markets.com and $25 at USAA.
| Feature | Markets.com | USAA |
|---|---|---|
| Min. Deposit | $250 | $25 |
| 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), The Prudential Regulation Authority (PRA) |
| Founded | 2008 | 2008 |
| Country | Cyprus | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Markets.com and USAA, directly affecting your bottom line as a trader. USAA has a lower barrier to entry with a minimum deposit of $25 (vs $250 at Markets.com). USAA charges withdrawal fees while Markets.com does not, giving Markets.com an edge for frequent withdrawers. USAA charges deposit fees; Markets.com does not. Overall, USAA scores higher on fees in our assessment.
| Feature | Markets.com | USAA |
|---|---|---|
| Min. Deposit | $250 | $25 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Markets.com offers MT4, MT5, cTrader, while USAA 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 | USAA |
|---|---|---|
| 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 ,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Markets.com and USAA compare. USAA runs regular live webinars; Markets.com does not. Both provide video tutorials. USAA publishes daily market commentary; Markets.com does not. Both integrate third-party research tools. USAA maintains an archive of past webinars for on-demand viewing. USAA scores higher overall in education and research.
| Feature | Markets.com | USAA |
|---|---|---|
| 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 USAA 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 | USAA |
|---|---|---|
| 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 USAA offer live chat support. Both provide phone support. Email support is available at both brokers. Markets.com supports 14 languages and USAA supports 2, giving Markets.com broader global reach. Both brokers are comparable on support quality.
| Feature | Markets.com | USAA |
|---|---|---|
| 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 |