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CA Markets

Vanuatu|1-2 years|
Financial Service Corporate|MT5 Full License|Regional Brokers|Suspicious Overrun|Medium potential risk|Offshore Regulated|

https://camarkets.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
CorporateAlliance-Live MT5
Server Location United States

Contact

+61 2 9006 8888
info@camarkets.com
https://camarkets.com/
6C Equity Bank/Santal building, Santal Crescent, Port Vila CBD, Vanuatu 0000

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+61 2 9006 8888

Broker Information

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Company Name

CA Markets Limited

Company Abbreviation

CA Markets

Platform registered country and region

Vanuatu

Company website
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WikiFX Risk Alerts 3
Previous Detection : 2024-04-29
  • This broker exceeds the business scope regulated by New Zealand FSPR(license number: 1002179)Financial Service Providers Register Non-Forex License. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 523351) claimed by this broker is suspected to be clone. Please be aware of the risk!

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CA Markets · Company Summary

Company Name CA Markets
Headquarters Vanuatu
Regulations No license
Market Instruments Forex, Commodities, Indices CFDs, Treasuries, Cryptocurrencies
Account Types ACE, PRO, STANDARD
Leverage Up to 1:500
Spread Starting from 0.0 pips (ACE), 1.0 pips (PRO), 1.5 pips (STANDARD)
Commission Fee $3.5 per side (ACE), $0 (PRO and STANDARD)
Minimum Deposit $20
Deposit/Withdraw Methods UnionPay, ChipPay, 9Pay, Help2Pay, Crypto Wallet, Bank Transfer, Broker to Broker
Trading Platforms MetaTrader 5 (MT5)
Customer Support Phone, Email, Live Chat, Inquiry Form
Educational Resources Economic Calendar, News section

Overview of CA Markets

CA Markets is a brokerage firm headquartered in Vanuatu, offering traders access to a range of market instruments. Traders can engage in the forex market, commodities trading, indices CFDs, treasuries, and cryptocurrencies. The broker utilizes the MetaTrader 5 (MT5) trading platform, known for its user-friendly interface and advanced charting tools. While it provides a diverse array of trading options, traders should be aware that CA Markets operate without regulatory oversight, which may raise concerns about the level of accountability and security offered by the broker.

Overview of CA Markets

Is CA Markets legit or a scam?

This broker currently operates without a valid regulation or license, raising concerns about its credibility and oversight. While the absence of a license doesn't necessarily indicate a scam, it does pose certain risks that traders should approach with caution. Unregulated brokers may lack the necessary checks and balances to ensure fair and transparent trading conditions.

Operating without a valid regulation or license, this broker prompts a need for vigilance among traders. While the absence of a license doesn't inherently denote fraudulent activity, it does raise valid concerns regarding the broker's oversight and transparency in its operations. To navigate this situation effectively, traders are advised to conduct comprehensive due diligence.

Pros and Cons

CA Markets offers a diverse range of market instruments, including forex, commodities, indices CFDs, treasuries, and cryptocurrencies, providing traders with a wide array of options. Additionally, the broker offers swift and transparent withdrawals, processing requests on the same business day if received before 04:00 server time (GMT+2). The availability of a live chat feature for real-time customer support is a convenient communication option. CA Markets also uses the MetaTrader 5 (MT5) trading platform, known for its user-friendly interface and advanced charting tools. Furthermore, the broker's competitive deposit methods, including instant options and conditional fee waivers, can benefit traders.

One of the notable drawbacks of CA Markets is its lack of regulatory oversight, which may raise concerns about the broker's accountability. While the Economic Calendar and News section provide valuable market insights, some traders may find the educational resources limited and may desire more comprehensive materials. Additionally, the broker charges a commission for the ACE account, affecting overall trading costs for users of this account type. Traders should also be aware of potential fees incurred on payments to and from banking institutions, as CA Markets accepts no responsibility for such fees.

Pros Cons
Diverse range of market instruments Lack of regulatory oversight
Swift and transparent withdrawals Limited educational resources
Live chat for real-time customer support Commission charges for ACE account
MetaTrader 5 trading platform Possible fees on payments to/from banking institutions
Competitive deposit methods

Market Instruments

CA Markets offers a diverse range of market instruments, catering to the preferences and strategies of a wide spectrum of traders. In addition to the forex market, traders can access commodities, including precious metals and energy resources, providing opportunities to diversify their portfolios. The inclusion of agricultural products, indices CFDs, and treasuries further enhances the variety of trading options, allowing traders to tap into global financial markets.

Additionally, CA Markets acknowledges the growing popularity of cryptocurrencies and provides trading access to this asset class, enabling traders to participate in the dynamic and evolving crypto markets. This array of market instruments allows traders to explore and adapt their strategies across different financial sectors, contributing to a well-rounded trading experience.

Market Instruments

Account Types

CA Markets offers a variety of account types to cater to the diverse needs of traders.

The “ACE” account offers a maximum 1:500 leverage and a $20 minimum deposit, making it accessible to traders of various budgets. Its minimum spread starts from 0.0 pips, ideal for those favoring tight spreads. However, it comes with a $3.5 per side commission, impacting overall costs.

The “PRO” account shares the same 1:500 leverage and $20 minimum deposit but has a slightly wider minimum spread of 1.0 pip. Notably, it doesn't charge commissions, appealing to traders seeking fee-free trading while accepting slightly wider spreads.

The “STANDARD” account is cost-effective, featuring commission-free trading with a minimum spread starting from 1.5 pips. It maintains 1:500 leverage and a $20 minimum deposit, suitable for beginners or those preferring a simple fee structure without commissions. CA Markets offers diverse account types catering to various trader preferences.

Account Types

How to open an account in CA Markets?

Opening an account with CA Markets is a straightforward process designed to ensure a secure and efficient trading experience. Follow these 5 simple steps to get started:

  1. Begin by registering on the CA Markets platform by providing your basic information.

  2. Complete the ID verification process to confirm your identity, enhancing security.

  3. Deposit funds into your trading account using the preferred payment method of your choice.

  4. With your account funded, you can now start trading in the diverse range of market instruments offered by CA Markets.

  5. Before making any trading decisions, take the time to review the provided documentation, such as the Target Market Determination and PDS, to ensure a clear understanding of the associated risks.

    1. open an account

It's important to note that trading involves risk, and traders should consider their personal circumstances and seek independent advice if necessary to make informed trading decisions.

Spread and Commission Fees

CA Markets provides a competitive spread offering across its diverse account types, with spreads starting as low as 0.0 pips. This enticing feature can particularly benefit traders engaged in scalping or high-frequency trading, as tight spreads enhance profitability. The “ACE” account, known for its tight spreads, is accompanied by a $3.5 per side commission, affecting overall trading costs.

Meanwhile, the “PRO” and “STANDARD” accounts offer a slightly wider starting spread of 1.0 and 1.5 pips, respectively, but do not charge commissions. Traders can choose an account type that aligns with their spread and fee preferences.

In terms of the fee structure, CA Markets emphasizes a transparent approach. While the “ACE” account includes a $3.5 per side commission alongside its tight spreads, the “PRO” and “STANDARD” accounts provide commission-free trading. This means that traders opting for the latter two account types can enjoy fee-free transactions while potentially accepting slightly wider spreads. CA Markets' low-latency execution, powered by OneZero FinTech and hosted in Equinix Datacentres, ensures that traders experience swift order execution, enhancing their overall trading experience.

Spread and Commission Fees

Leverage

CA Markets offers a maximum leverage of 1:500, providing traders with the potential to amplify their positions significantly. This high leverage can be particularly advantageous for those seeking to maximize their trading capital and potentially increase their profits. With a relatively small initial deposit, traders can control larger positions, allowing for greater exposure to price movements in various financial markets.

However, it's essential for traders to be aware of the risks associated with margin trading, especially when using high leverage. While leverage can magnify gains, it can also multiply losses, potentially leading to substantial financial setbacks. Traders should exercise caution and have a well-defined risk management plan that includes setting stop-loss orders to limit potential losses.

Trading Platform

CA Markets primarily offers the widely recognized MetaTrader 5 (MT5) as its main trading platform. MT5 is celebrated for its user-friendly interface, advanced charting tools, and a wide range of technical indicators, making it suitable for both novice and experienced traders. This platform supports various order types, including market, limit, and stop orders, allowing traders to execute their strategies with precision.

Additionally, MT5 provides access to real-time market data, news feeds, and expert advisors (EAs), empowering traders to make informed decisions and automate their trading strategies.

Overall, MT5's versatility and features make it a popular choice among CA Markets' clientele for their trading activities.

Trading Platform

Deposit & Withdrawal

CA Markets offers a range of deposit methods, including UnionPay, ChipPay, 9Pay, Help2Pay, Crypto Wallet, and Bank Transfer. These methods provide traders with options for instant deposits or processing within 1-2 business days. Fees may be waived conditionally for certain methods if a minimum trading requirement is met.

For withdrawals, CA Markets prioritizes speed and transparency, processing requests on the same business day if received before 04:00 server time (GMT+2). There are no additional withdrawal fees from CA Markets, but traders should be aware of possible fees from their banks. Withdrawals are made to the bank account matching the trading account's name, and supporting documentation may be required for verification. CA Markets cannot guarantee the recall of financial transactions and is not liable for losses due to incorrect instructions or bank details.

Deposit & Withdrawal

Customer Support

CA Markets offers multiple avenues for customer support, ensuring traders have access to assistance when needed. They provide a dedicated phone line, +61 2 9006 8888, for direct inquiries, allowing traders to speak with a representative for real-time assistance. Additionally, the provided email address, info@camarkets.com, serves as a convenient channel for submitting inquiries or seeking clarification on various trading matters.

For those who prefer immediate responses, CA Markets offers a live chat feature, enabling traders to engage in real-time text-based conversations with support agents. This can be particularly beneficial for resolving quick queries or technical issues. Moreover, CA Markets provides an inquiry form, allowing traders to submit detailed questions or requests for assistance, which can be useful for more complex issues or account-related inquiries.

Customer Support

Educational Resources

CA Markets offers educational resources to help traders expand their trading knowledge. These resources include an Economic Calendar and a News section, which can provide valuable insights into market events and trends. Traders can use these tools to stay informed about economic data releases, geopolitical developments, and other factors that can impact their trading decisions.

However, some traders may find these resources limited in scope and may demand more comprehensive educational materials. While the Economic Calendar and News section are valuable for staying updated on current events, a broader range of educational content, such as video tutorials, webinars, and in-depth trading guides, could further enhance traders' understanding and skills

Conclusion

In summary, CA Markets presents a trading platform with a variety of market instruments, including forex, commodities, indices CFDs, treasuries, and cryptocurrencies, providing traders with diverse options. The broker also emphasizes swift and transparent withdrawals, leveraging the MetaTrader 5 (MT5) trading platform for a user-friendly experience.

However, concerns are raised due to its lack of regulatory oversight, which may affect its credibility and accountability. Additionally, while it offers valuable tools such as the Economic Calendar and News section, some traders may find the educational resources somewhat limited. Traders should weigh these factors carefully when considering CA Markets as their trading platform of choice and conduct thorough research to ensure it aligns with their individual trading needs and risk tolerance.

FAQs

Q: Is CA Markets a regulated broker?

A: CA Markets is currently unregulated, which traders should consider when evaluating its services.

Q: What types of market instruments does CA Markets offer?

A: CA Markets provides a diverse range of market instruments, including forex, commodities, indices CFDs, treasuries, and cryptocurrencies.

Q: How can I contact CA Markets' customer support?

A: You can reach CA Markets' customer support by phone at +61 2 9006 8888, email at info@camarkets.com, live chat, or by using the inquiry form on their website.

Q: What trading platform does CA Markets offer?

A: CA Markets primarily uses the MetaTrader 5 (MT5) trading platform, known for its user-friendly interface and advanced features.

Q: What types of trading accounts are available at CA Markets?

A: CA Markets offers various account types, including ACE, PRO, and STANDARD, each with its own unique features and fee structures to cater to different trader preferences.

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teamthantin
more than one year
They keep trading me out before the price reaches my entry point and getting me out before it hits my stop loss. For instance, I just made two trades, bought at the limit of the trade hit and moved in my direction, but my trades weren't activated yet. Very dishonest and disgusting, I'm closing my account.
2024-03-20 17:55
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