Markets212 (markets212.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: markets212.com.
The mobile app from Markets212 (markets212.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Professional team|Quick verification
Cons: Limited ETF selection|Charting tools need more indicators
I signed up with Markets212 (markets212.com) based on a colleague's recommendation and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Comprehensive tools|Regular platform improvements|Multi-device support|Risk management tools
Cons: Charting tools need more indicators
Do not use Markets212 (markets212.com) for anything serious. I used them for about three months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Real-time alerts|Customizable dashboard
Cons: Website design could be more modern|Limited ETF selection
What really bothers me about Markets212 (markets212.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a financial advisor and I fell for the polished exterior. Never again.
Pros: Clean UI|Multi-device support|Great customer service|Easy withdrawals
Cons: None so far|No live chat on mobile
After for roughly four months with Markets212 (markets212.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Copy trading available|Fast support response|High security standards|Responsive team
Cons: Limited social trading features
The reporting at Markets212 (markets212.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Dedicated account manager|Regular updates|Two-factor authentication|Market news feed
Cons: Search feature is basic
I lost a significant amount because Markets212 (markets212.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Fast support response|Social trading features|Good analytical tools
Cons: Spreads widen during volatile periods
I opened an account with Markets212 (markets212.com) since early this year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Demo account available|Comprehensive tools|Social trading features|Fast deposits
Cons: Desktop app not available on Linux
Markets212 (markets212.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Reliable uptime|Dedicated account manager|Clear documentation
Cons: Help articles are sometimes vague
I requested my data from Markets212 (markets212.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Automated trading options|Educational resources|Copy trading available
Cons: Nothing significant