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Markets.com vs FXOpen 2026

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between Markets.com and FXOpen? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, Markets.com ranks more highly than FXOpen.

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Compare

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Overall Rating Markets.com FXOpen
Overall Rating star 8.0 /10 star 6.9 /10
Offering of Investments star 8.0 /10 star 6.0 /10
Commissions & Fees star 7.0 /10 star 7.5 /10
Platform & Tools star 8.0 /10 star 7.5 /10
Research star 8.0 /10 star 5.5 /10
Mobile Trading star 7.5 /10 star 7.5 /10
Education star 7.0 /10 star 6.0 /10
Account Type Markets.com FXOpen
Islamic Account
Professional Account
VIP/Premium Account
Deposit/Withdrawal Options Markets.com FXOpen
Minimum Deposit $100 $100
Bank Wire (Deposit/Withdraw)
Credit card (Deposit/withdraw)
PayPal (Deposit/Withdraw)
Non-wire bank transfer No No
Copy Trading Markets.com FXOpen
Copy Trading Yes Yes
Cryptocurrency Markets.com FXOpen
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes Yes
Bitcoin (BTC) Yes Yes
Ethereum (ETH) Yes Yes
Forex Trading (Spot or CFDs) Markets.com FXOpen
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) Markets.com FXOpen
DAX Yes Yes
Dow Jones Yes Yes
FTSE Yes Yes
NASDAQ 100 Yes Yes
Nikkei Yes Yes
SP 500 Yes Yes
Investments Markets.com FXOpen
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting No No
Copy Trading Yes Yes
Commodities: Silver Yes Yes
Commodities: Oil Yes Yes
Commodities: Agriculturals Yes No
ETF Yes Yes
U.S. Stocks (CFDs) Yes Yes
Trading Platforms Markets.com FXOpen
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform Yes No
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
Regulatory Licenses Markets.com FXOpen
Tier-1 Licenses 3 2
Australia (ASIC Authorised) Yes No
Canada (CIRO Authorised) No No
Hong Kong (SFC Authorised) No No
Japan (FSA Authorised) No No
Singapore (MAS Authorised) No No
Switzerland (FINMA Authorised)
United Kingdom (U.K.) (FCA Authorised) No Yes
USA (CFTC Authorized) No No
New Zealand (FMA Authorised) No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Tier-2 Licenses 1 0
Tier-3 Licenses 0 0
Research, Education Markets.com FXOpen
Trading Central No No
Forex News (Top-Tier Sources) Yes Yes
Daily Market Commentary (Articles) Yes Yes
Autochartist No No
Videos - Beginner Trading Videos Yes No
Trading Costs Markets.com FXOpen
Minimum Deposit $100 $100
Average spread (EUR/USD) - Standard account N/A N/A
All-in Cost EUR/USD - Active N/A N/A
Trading Tools Markets.com FXOpen
Charting - Indicators / Studies (Total) 89 30
Mobile Charting - Indicators / Studies (default on MT4, none on Markets app) 30
Trust Factors Markets.com FXOpen
Year Founded 1999 2003
Publicly Traded (Listed) No No
Bank No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Trust Score 93 76
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Markets.com vs FXOpen Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between Markets.com and FXOpen? Our independent database powered by our unbiased research will help you compare Markets.com vs FXOpen side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust Markets.com?

Markets.com has a Trust Score of 93, giving it a "Highly Trusted" Trust Score Label.

Can I trust FXOpen?

FXOpen has a Trust Score of 76, giving it a "Average Risk" Trust Score Label.

Is Markets.com a good broker?

Markets.com may be an expensive option, but its trading platforms are easy to use, and traders gain access to a wide range of forex and CFD symbols.

Is FXOpen a good broker?

Founded in 2003, FXOpen is a trusted broker that is regulated in multiple Tier-1 regulatory jurisdictions, boosting its overall Trust Score. FXOpen offers the full MetaTrader suite (both MT4and MT5) alongside the TickTrader platform, though the broker's MetaTrader offering is relatively unimpressive. With an extremely small number of tradeable markets and a limited selection of educational materials, FXOpen simply can't compete with the best forex brokers.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. Markets.com holds regulatory licenses in the following Tier-1 jurisdictions: Australia (ASIC Authorised). FXOpen, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: United Kingdom (U.K.) (FCA Authorised). Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (FSA Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Markets.com is Cyprus (CySEC Authorised) and South Africa (FSCA Authorised), while FXOpen is Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), Thailand (SEC Authorised) and UAE (DFSA, FSRA, or CMA Authorised). When comparing tier-3 licenses Markets.com is British Virgin Islands (FSC Authorised), while FXOpen is none.. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that Markets.com offers a Proprietary Desktop Trading Platform and Desktop Platform (Windows), whereas FXOpen supports a Desktop Platform (Windows). Neither have cTrader, DupliTrade [DELETED] and ZuluTrade [DELETED]

Does Markets.com offer MetaTrader? Does FXOpen offer MetaTrader?

Both Markets.com and FXOpen offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do Markets.com and FXOpen differ in terms of minimum deposit? What about average spreads and funding options?

Markets.com requires a minimum deposit of $100, while FXOpen requires a minimum deposit of $100. Always check to see that your broker offers the funding options that work best for you. Our research found that neither Markets.com nor FXOpen offer Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit) [DELETED], PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw).. Neither have Skrill (Deposit/Withdraw)

Which broker offers more tradeable asset classes, Markets.com or FXOpen?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that Markets.com delivers a more diverse selection of investment options than FXOpen, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Copy Trading, Commodities: Silver, Commodities: Oil, Commodities: Agriculturals, ETF and U.S. Stocks (CFDs). Neither have Spread Betting.

We also keep track of each broker’s total number of tradeable symbols; Markets.com offers 2179, and FXOpen offers a total of 87 tradeable symbols.

Can I trade cryptocurrency with Markets.com or FXOpen?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither Markets.com nor FXOpen allow you to trade physical cryptocurrencies.

Who offers more research tools, Markets.com or FXOpen?

The best forex brokers arm their clients with a variety of research tools and resources. Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. In our testing, we discovered that both Markets.com and FXOpen offer the same suite of research tools and resources. Here’s a comprehensive list of the tools provided by both brokers: Daily Market Commentary (Articles), Forex News (Top-Tier Sources) and Copy Trading.. Neither have Autochartist, Stock Charts [DELETED] and Trading Central

Broker Reviews

Still looking for more information, read our broker reviews.

Markets.com Review

FXOpen Review

Overall winner: Markets.com

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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