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Markets.com vs TD Ameritrade Forex 2019

Is Markets.com better than TD Ameritrade FX? After grading forex brokers on nearly 100 different variables, TD Ameritrade FX is better than Markets.com. For US-based investors and traders, TD Ameritrade’s thinkorswim platform is a sophisticated multi-asset desktop experience optimized for securities trading, including off-exchange spot forex and exchange-traded options and futures (including Bitcoin).
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Overall Rating

Feature Markets.com TD Ameritrade Forex
Overall 3.5 4.5
Markets.com Review TD Ameritrade Forex Review
73% of retail CFD accounts lose money N/A of retail CFD accounts lose money

Regulation

Feature Markets.com TD Ameritrade Forex
Trust Score 92 96
Year Founded
1999 1955
Publicly Traded (Listed)
Yes Yes
Bank
No Yes
Tier-1 Licenses
2 5
Tier-2 Licenses
2 0
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature Markets.com TD Ameritrade Forex
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No Yes
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No Yes
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
No Yes
CFTC Registered (USA)
No Yes

Investments

Feature Markets.com TD Ameritrade Forex
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
57 75
CFDs - Total Offered
2179 0
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes No
Offering of Investments 3.5 4
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Cost

Feature Markets.com TD Ameritrade Forex
Average Spread EUR/USD - Standard
1.9 (as of Oct 19) N/A
All-in Cost EUR/USD - Active
1.9 (as of May 19) N/A
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 3 4
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Funding

Feature Markets.com TD Ameritrade Forex
Minimum Initial Deposit
$100 $0.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes No
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
Yes No

Trading Platforms

Feature Markets.com TD Ameritrade Forex
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes No
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes No
MetaTrader 5 (MT5)
Yes No
cTrader
No No

Trading Tools

Feature Markets.com TD Ameritrade Forex
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
7 548
Charting - Indicators / Studies (Total)
51 382
Charting - Drawing Tools (Total)
31 20
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 3 4.5
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Mobile Trading

Feature Markets.com TD Ameritrade Forex
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes Yes
Charting - Indicators / Studies
30 397
Charting - Draw Trend Lines
Yes No
Charting - Trend Lines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No Yes
Forex Calendar
No Yes
Mobile Trading 3.5 4
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Research

Feature Markets.com TD Ameritrade Forex
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
No No
Trading Central (Recognia)
No No
Delkos Research
Yes No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 3.5 4.5
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Education

Feature Markets.com TD Ameritrade Forex
Has Education - Forex
No Yes
Has Education - CFDs
No No
Client Webinars
Yes Yes
Client Webinars (Archived)
No No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No Yes
Education 2 4
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Major Forex Pairs

Feature Markets.com TD Ameritrade Forex
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature Markets.com TD Ameritrade Forex
Markets.com Review TD Ameritrade Forex Review
Overall 3.5 4.5
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Our ForexBrokers.com team spent several months and hundreds of hours assessing 28 different forex broker accounts for trading FX. In total, over 2,200 data points were collected. For this review, we will compare Markets.com vs TD Ameritrade FX.

To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. TD Ameritrade FX received a rating of 4.00 stars over Markets.com's 3.00 stars.

Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. Markets.com and TD Ameritrade FX both are regulated in a major hub. Both Markets.com and TD Ameritrade FX are publicly traded companies. How many currency pairs are available to trade? Markets.com trails TD Ameritrade FX by 20 total currency pairs (for example, EUR/USD), with TD Ameritrade FX offering 75 and Markets.com offering 55.

To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. Markets.com makes Meta Trader available to clients, while TD Ameritrade FX does not. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. Markets.com offers its clients access to 31 charting tools while TD Ameritrade FX has 20 charting tools, a difference of 11. TD Ameritrade FX boasts an offering of 403 different indicators (for example, moving averages) compared to Markets.com's 51 available indicators.

Markets.com Review
TD Ameritrade FX Review


Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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