CPT Markets Review

Category: Reviews | Author: Trading Brokers | Date: October 7, 2023

Welcome to the world of CPT Markets, a dynamic and innovative player in the realm of online trading. With a commitment to providing a wide range of trading instruments, cutting-edge platforms, and a tailored approach to suit diverse needs, CPT Markets stands out as a prominent brokerage. In this exploration, we’ll delve into the intricacies of CPT Markets, aiming to shed light on its reliability and trustworthiness as a trading partner. Join us on this journey as we uncover what sets CPT Markets apart in the world of online trading.

Pros & Cons

  • Regulatory oversight by FCA and IFSC
  • Offers educational resources
  • No deposit or withdrawal fees
  • Multiple account types
  • Wide range of tradable assets
  • Relatively limited industry track record
  • Withdrawal times can vary
  • Geographic client restrictions apply
  • Presence of an unauthorized clone firm
  • No support for cryptocurrency trading
  • Reports of slow customer support

Summary

CPT Markets Review

CPT Markets Review

CPT Markets is a forex and CFD broker that offers trading services to clients across the globe. The broker has different entities that are regulated by different authorities, such as the Financial Conduct Authority (FCA) in the UK and the International Financial Services Commission (IFSC) in Belize. The broker offers various financial instruments, including forex, indices, stocks, commodities, and more. The broker also offers different types of accounts for different types of traders, such as CPTClassic, CPTPrime, Live Account, Corporate Account, Standard Account, Platinum Account, and ECN Account. The broker provides the MetaTrader 4 and the MetaTrader 5 platforms for trading, as well as a range of trading tools. The broker also offers educational resources for traders, such as webinars, trading guides, and video tutorials. The broker offers various funding options, including bank wire transfers, credit/debit cards, and e-wallets such as Neteller and Skrill. The broker does not charge any fees for deposits or withdrawals, but some third-party providers may apply their own fees or charges.

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Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

Regulations

CPT Markets is a broker that has different entities that are regulated by different authorities, depending on the location and jurisdiction of the clients. The broker’s main entity is CPT Markets UK, which is fully regulated by the Financial Conduct Authority (FCA) with license number 606110. The FCA is one of the most reputable and respected regulatory bodies in the world, which ensures that brokers comply with high standards of conduct and protection for their clients. Some of the benefits of trading with an FCA-regulated broker include segregation of client funds from the broker’s own funds, participation in the Financial Services Compensation Scheme (FSCS), protection from negative balance, and transparency and fairness in pricing, execution, and customer service.

Another entity of CPT Markets is CPT Markets Belize, which is regulated by the International Financial Services Commission (IFSC) with license number IFSC000314/470. The IFSC is the regulatory body that oversees the financial services sector in Belize, which is a popular offshore destination for forex brokers. The IFSC requires brokers to meet certain minimum capital requirements, maintain adequate accounting records, and submit periodic reports.

CPT Markets PTY LTD is authorized and regulated by the Financial Sector Conduct Authority (FSCA), license No.45954. The FCA ranks as a Tier-1 regulator, while the IFSC ranks as a Tier-3 regulator and the FSCA ranks as a Tier-2 regulator. However, it is important to note that CPT Markets does not accept clients from certain countries, such as the USA, Canada, Japan, Iran, North Korea, and others. You should check the broker’s website for the full list of restricted countries before opening an account. For alternative options, consider referring to a list of regulated brokers, ensuring a secure and compliant trading environment.

Platforms and Tools

ctrader

ctrader

CPT Markets now offers cTrader as one of its trading platforms. The cTrader platform is available on both mobile and desktop devices and provides a premium trading experience for traders. With cTrader, traders can buy and sell global assets, including forex, metals, oil, indices, stocks, and ETFs. The platform is user-friendly and optimized for trading in all market conditions.

MT4 & MT5 Platforms

MT4 & MT5 Platforms

CPT Markets also offers the popular MetaTrader 4 (MT4) and its successor, MT5, as trading platforms. Both platforms are well-known for their advanced charting capabilities and automated trading features. The broker also provides a range of trading tools, such as technical analysis tools, economic calendars, and market news. These tools can help you stay updated on the market movements and trends, as well as make informed trading decisions.

Education

CPT Markets offers educational resources for traders, including webinars, trading guides, and video tutorials. These resources can help traders to learn more about the basics of trading, as well as to improve their skills and strategies.

  • Webinars: Webinars are dynamic live online sessions that delve into a diverse array of trading topics, including market analysis, risk management, and the psychology of trading, among others. Whether you’re a novice or a seasoned trader, these webinars offer valuable insights. To get in on the action, simply register for upcoming sessions on the broker’s website, or if the timing doesn’t align, catch up by viewing recorded sessions on the broker’s YouTube channel. Skilled traders and seasoned analysts lead these sessions, sharing their wisdom and tips. What’s more, you’re encouraged to actively participate by interacting with presenters and asking questions during these informative webinars.
  • Trading guides Trading guides are written materials that provide in-depth information and guidance on various aspects of trading, such as trading platforms, instruments, indicators, strategies, and more. You can download the trading guides for free from the broker’s website or read them online. Trading guides are suitable for both beginners and advanced traders who want to expand their knowledge and understanding of trading.
  • Video tutorials: These are short videos that demonstrate how to use the broker’s platforms and tools, such as MT4, Autochartist, Trading Central, and Smart Trader Tools. You can watch the video tutorials on the broker’s website or on the broker’s YouTube channel. Video tutorials are useful for traders who want to learn how to use the broker’s features and functions effectively and efficiently.

Markets

CPT Markets provides access to various financial instruments, including forex, indices, stocks, commodities, and more. The broker offers competitive spreads and leverage on these instruments, as well as fast execution and low latency. Now let’s take a closer look at the markets that CPT Markets offers:

  • Forex: CPT Markets offers over 60 currency pairs with spreads starting from 0.0 pips and leverage up to 1:500. You can trade major, minor, and exotic pairs with the broker, such as EUR/USD, GBP/USD, USD/JPY, USD/ZAR, and more. You can also enjoy low commissions and swap rates with CPT Markets.
  • Indices: CPT Markets offers over 20 indices with spreads starting from 0.5 points and leverage up to 1:200. You can trade global equity markets with the broker, such as the US (Dow Jones, S&P 500, Nasdaq), Europe (DAX, FTSE 100, CAC 40), Asia (Nikkei 225, Hang Seng, ASX 200), and more. You can also benefit from low margin requirements and no hidden fees with CPT Markets.
  • Stocks: CPT Markets offers over 100 stocks with spreads starting from 0.1% and leverage up to 1:20. You can trade individual companies with the broker, such as Apple, Amazon, Tesla, and more. You can also access a wide range of sectors and industries with CPT Markets.
  • Commodities: CPT Markets offers over 10 commodities with spreads starting from 0.3 points and leverage up to 1:200. You can trade natural resources with the broker, such as oil, gold, silver, and more. You can also take advantage of market volatility and diversification opportunities with CPT Markets.

Accounts

CPT Markets recognizes that traders come in all shapes and sizes, each with their unique preferences and needs. To cater to this diverse spectrum of traders, CPT Markets offers a range of carefully tailored account options. Whether you’re a novice looking to dip your toes in the trading waters or a seasoned pro seeking advanced features, CPT Markets has an account designed just for you.

  • CPTClassic: This account type offers commission-free trading with high floating spreads. The minimum deposit for this account is 0 USD, according to one source. This account type is suitable for traders who want to trade with low initial investment and no extra fees.
  • CPTPrime: This account type offers raw spreads starting from 0.0 pips and fixed commissions. The minimum deposit for this account is 1,000 USD, according to one source. This account type is suitable for traders who want to trade with tight spreads and transparent costs.
  • Live Account: This account type is offered by CPT Markets UK and requires a minimum deposit of $100. This account type offers spreads starting from 1.0 pips and leverage up to 1:500. This account type also has no commissions and no swap charges.
  • Corporate Account: This account type is also offered by CPT Markets UK and requires a minimum deposit of $100. This account type offers the same features and benefits as the Live Account, but it is tailored for corporate clients who need more flexibility and support.
  • Standard Account: This account type is offered by CPT Markets Belize and requires a minimum deposit of $500. This account type offers spreads starting from 1.0 pips and leverage up to 1:500. This account type also has no commissions and no swap charges.
  • Platinum Account: This account type is also offered by CPT Markets Belize and requires a minimum deposit of $500. This account type offers low spreads starting from 0.0 pips and leverage up to 1:500. This account type also has low commissions and low swap rates.
  • ECN Account: This account type is also offered by CPT Markets Belize and is tailored for customers to meet different needs. The minimum deposit for this account varies depending on the customer’s preferences and trading style. This account type offers raw spreads starting from 0.0 pips and leverage up to 1:500. This account type also has low commissions and low swap rates.

You can compare the features and benefits of each account type on the broker’s website or by contacting their customer support team. You can also open a demo account with CPT Markets to test their platforms and services before opening a live account.

Funding

When it comes to managing your trading account, CPT Markets understands the importance of flexibility and convenience. That’s why they offer a diverse array of funding options, ensuring that you can choose the method that suits you best. These options include:

  • Bank Wire Transfer: A traditional and secure way to transfer funds, bank wire transfers are available for those who prefer the reliability of direct bank transactions.
  • Credit/Debit Cards: CPT Markets accepts major credit and debit cards, making it easy for you to deposit and start trading with your preferred card.
  • E-Wallets: For those who prefer the speed and convenience of digital wallets, CPT Markets supports popular options like Neteller and Skrill.

One notable advantage of using CPT Markets is that the broker does not impose any fees for deposits or withdrawals. However, it’s important to note that some third-party payment providers may have their own fees or charges, so it’s advisable to check with your chosen provider for any applicable fees.

When it comes to withdrawals, CPT Markets strives for efficiency. They typically process withdrawal requests within one business day. However, the actual time it takes for funds to reach your account may vary depending on the chosen payment method and the policies of the respective banks or payment processors.

To ensure a smooth and hassle-free transaction experience, it’s recommended to use the same payment method for both deposits and withdrawals. This helps prevent delays or complications during the process. Additionally, make sure that your CPT Markets account is fully verified before initiating any transactions.

Conclusion

In conclusion, CPT Markets presents itself as a global player in the forex and CFD trading arena, offering a wide array of financial instruments and account types to a diverse clientele. With regulatory oversight from entities like the FCA and IFSC, it strives to create a secure trading environment. The adoption of the popular MT4 platform and the provision of essential trading tools showcase its commitment to empowering traders. It’s essential to keep in mind that while CPT Markets boasts robust features, there exist brokerage firms with lengthier histories that deserve your consideration as viable alternatives. To broaden your horizons and explore more options, we enthusiastically invite you to delve into our comprehensive selection of trading broker reviews.

CPT Markets Logo

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CPT Markets is a forex and CFD broker that offers trading services to clients across the globe. The broker has different entities that are regulated by different authorities, such as the FCA in the UK, the IFSC in Belize, and the FSCA.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.


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