This Markets Direct review evaluates the broker’s regulatory framework, platform offerings, and account structure. Markets Direct is a US-based brokerage that primarily caters to institutional clients and professional traders via an advanced Direct Market Access (DMA) model. Operating under CFTC oversight as an Introducing Broker, the firm provides access to multiple asset classes and proprietary execution tools, with a strong emphasis on compliance and transparency.

Regulation and Safety

Markets Direct is registered with the following U.S. regulatory authorities:

• Commodity Futures Trading Commission (CFTC): Registered as an Introducing Broker
• National Futures Association (NFA): Member ID 0512598

As a CFTC-registered IB, Markets Direct does not hold client funds directly. All client accounts are held and managed at designated Futures Commission Merchants (FCMs) or clearing firms. The firm adheres to NFA compliance guidelines, AML standards, and undergoes periodic audits.

Execution Model and Trading Platforms

Markets Direct provides DMA and agency-based execution for institutional and professional traders. It offers multiple execution technologies and platform options:

• MT5: MetaTrader 5 for forex, indices, and CFDs (white-label environment)
• TraderEvolution: Advanced multi-asset platform with level 2 pricing, DOM, and API
• Web and mobile portals: For simplified access

FIX API connectivity, bridge solutions, and third-party EMS/OMS integrations are available for institutional clients.

Markets and Instruments

Markets Direct offers access to a broad spectrum of instruments via partner liquidity providers and exchanges:

• Forex – 70+ pairs with raw spreads
• Equities – US and global stocks (DMA access)
• Futures – CME, ICE, Eurex, etc. (through clearing partners)
• Options – Equity and index options via listed exchanges
• Metals and Energies – Gold, silver, oil
• Crypto – Limited access via CFD (not for US clients)

Accounts, Spreads and Leverage

Markets Direct primarily offers institutional-style accounts with tiered pricing:

• Execution: DMA with pass-through commission structures
• Spreads: Raw + commission (as low as $2 per side)
• Leverage: Up to 1:50 for forex, lower for futures/options per US rules
• Minimum deposit: Varies by product and clearing partner (typically $5,000+)

No swap-free or Islamic accounts are offered. All margin requirements follow regulatory guidelines (e.g., Reg-T for equities, NFA margin for futures).

Funding and Base Currencies

Funding is handled through designated clearing firms or custodians. Markets Direct itself does not process deposits or withdrawals directly. Available methods include:

• Bank wire (USD base only)
• ACH transfer (for US clients)
• Broker-to-broker account transfers

Crypto deposits are not accepted. Processing times depend on the custodian’s policies, generally 1–2 business days for wires.

Client Protections and Features

• All client funds held in segregated accounts at clearing firms
• Regulatory oversight by CFTC and NFA
• Advanced account management tools for position and margin monitoring
• Encrypted access and optional 2FA
• No rehypothecation of client assets

Institutional and Retail Offering

Markets Direct is designed for high-volume or professional traders, offering:

• Institutional: FIX API, custom liquidity access, clearing partnerships, white-label solutions
• Retail: MT5 or TraderEvolution with limited leverage and DMA access (US only)

No rebates, promotions, or bonuses are offered due to strict US compliance restrictions.

Pros

• CFTC and NFA registration with transparent clearing model
• DMA execution with institutional-grade platforms
• Multi-asset access including futures and equities
• Strong segregation and fund safety standards
• FIX API and custom integrations available

Cons

• Not suitable for beginners or low-capital retail traders
• High minimum deposit (≥ $5,000)
• Crypto trading not available for US clients
• No swap-free or Islamic account options

Frequently Asked Questions

Is Markets Direct regulated?

Yes, Markets Direct is registered with the CFTC and is a member of the National Futures Association (NFA), ID 0512598.

Does Markets Direct hold client funds?

No, all client funds are held with licensed Futures Commission Merchants or clearing partners.

What platforms does Markets Direct offer?

The broker offers MetaTrader 5 and TraderEvolution, along with API access for institutional clients.

What is the minimum deposit to open an account?

The minimum deposit typically starts at $5,000, depending on the product and custodian.

Can US clients trade crypto at Markets Direct?

No, cryptocurrency CFDs or instruments are not available to US-based clients.