Markets.com

Markets.com, owned by Safecap Investments Limited, a subsidiary of Playtech, is an electronic trading platform for trading on the foreign exchange market, commodity market, cryptocurrency, and as well as contract for difference. Playtech is listed on the London Stock Exchange under ticker PTEC.[1]

Markets.com
Type of site
Electronic trading platform
Available inEnglish, Arabic, German, French, Spanish
OwnerPlaytech
Launched2010 (2010)
Current statusActive

The company is regulated by Cyprus Securities and Exchange Commission (CySEC)[2], the Financial Services Board (South Africa) (FSCA), the Australian Securities and Investments Commission (ASIC), and the Financial Markets Authority (New Zealand) (FMA).[3]

Markets.com offers web-based and mobile trading with leverage up to 1:300 available to all global clients except those in Europe.[4]

History

Markets.com began as GFC Markets and rebranded in 2010 as 'Markets.com' – this was done after a merger of GFC Markets' owner Safecap Investments Limited and TradeFX, a developer of software for Forex and CFD operators. In 2015, Playtech fully acquired TradeFX and thus Markets.com for the sum of €458m.

Partnership with Arsenal FC

In 2014, Markets.com entered into a partnership with Arsenal FC as the football club's "official forex and CFD trading partner".[5]

The partnership with Arsenal FC was made in partly order to access the club's extensive digital channels.

As part of the partnership, Markets.com has provided 'Matchday Experiences' for competition winners. In 2015, an online advertisement was created to promote the partnership starring Mesut Özil and Olivier Giroud.[6]

Employee re-structuring

In the early months on 2016, Markets Ltd as part of its strategy of shifting towards automated sales and retention channels, restructured its operations and laid off a large number of its workforce, including the vast majority of its sales and retention divisions.[7] In the same year, Markets Ltd also decided to sell TopOption, the binary option brand of the company.[8]

References
  1. "LSE PTEC Listing". londonstockexchange.com.
  2. "CySEC Safecap Investments Ltd". cysec.gov.cy.
  3. "Markets.com Review 2019". ForexBrokers.com.
  4. "Markets.com Review". ForexFraud.com.
  5. "Arsenal welcomes Markets.com as partner". arsenal.com.
  6. "The Partnership: Markets.com". arsenal.com.
  7. "Playtech unit Markets.com sees mass layoffs in restructuring of sales, retention and customer service operations – LeapRate Exclusive". leaprate.com.
  8. "Notre avis sur Markets.com - DigitalBusiness". DigitalBusiness (in French). 2018-02-20. Retrieved 2018-02-25.
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