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Do you want to know which is the better broker between ATFX and CJC Markets ?
In the table below, you can compare the features of ATFX , CJC Markets side by side to determine the best fit for your needs.
EURUSD: 0.3
XAUUSD: 1.2
Long: -6.02
Short: 2.33
Long: -34.43
Short: 19.17
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of atfx, cjc-markets lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
ATFX | Basic Information |
Company Name | AT Global Markets (UK) Limited |
Regulated By | FCA, CYSEC |
Year Founded | 2014 |
Headquarters | London, UK |
Trading Platforms | MT4, MT5, and their own proprietary trading platform |
Account Types | Standard, Edge, Premium |
Demo Account | Yes |
Minimum Deposit | $/€/£100 |
Leverage | Up to 1:30 for retail traders and up to 1:400 for professional traders |
Spreads | Variable, starting from 0.0 pips |
Tradable Assets | Forex, CFDs on indices, commodities, and stocks |
Deposits & Withdrawal Methods | VISA, MasterCard, Skrill, Neteller, Bank Transfer, Trustly |
Education and Analysis | Webinars, articles, daily market outlooks, technical analysis tools |
Customer Support | 24/5 via phone, email, live chat, and social media |
ATFX is a global online forex and CFD broker established in 2014, offering a range of trading instruments, including forex, commodities, indices, and shares. The broker also offers several account types, including the Standard Account, Edge Account, and Premium Account, each with different features and benefits to suit different trading needs, with $100 to start. Besides, the broker also offers a demo account for traders to practice and test their strategies. One of the key features of ATFX is its trading platforms. The broker offers the popular MetaTrader 4 (MT4) platform, which is known for its advanced charting tools and user-friendly interface.
ATFX provides its clients with a range of educational resources to help traders improve their trading knowledge and skills. These resources include trading guides, webinars, seminars, and video tutorials. The broker also offers customer support services 24/5 via live chat, phone, and email.
ATFX is a legitimate forex broker that operates under strict regulations. TThis broker is currently regulated by two major financial regulators, the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulators are known for their strict oversight and regulations in the financial industry, which provides traders with a higher level of security and protection. ATFX's compliance with these regulations demonstrates its commitment to transparency and fairness in its business practices.
ATFX has a number of advantages and disadvantages that traders should consider before choosing this broker. On the positive side, ATFX is a well-regulated broker that offers a range of trading platforms and tools, including MetaTrader 4, WebTrader, and mobile trading apps. The broker also provides a wide range of trading instruments, including forex, CFDs, and cryptocurrencies, and offers competitive spreads and low trading fees. In addition, ATFX provides its clients with a variety of educational resources to improve their trading skills and knowledge, and customer support services are available 24/5 through live chat, phone, and email.
On the downside, ATFX has limited options for deposit and withdrawal methods, as it only accepts payments via bank transfers and credit/debit cards. Another potential disadvantage is that ATFX does not offer social trading or copy trading features, which may be important to some traders. Finally, ATFX has limited research and analysis tools compared to other brokers, which may be a concern for more advanced traders.
Pros | Cons |
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ATFX provides a wide range of tradable assets to its clients, including forex, metals, oils, indices, cryptocurrencies, and shares. This diverse range of instruments allows traders to diversify their portfolios and take advantage of various market conditions.
Forex-The forex market is the largest financial market in the world, and ATFX provides access to over 100 currency pairs, including major, minor, and exotic pairs.
Precious Metals-The broker also offers trading in precious metals such as gold and silver, which are popular safe-haven assets during times of market volatility.
Indices-Additionally, traders can speculate on the price movements of various indices, including the popular S&P 500 and NASDAQ.
Oils-Oils, such as Brent and Crude Oil, are also available for trading, which are popular among traders due to their high volatility.
Cryptocurrency-ATFX also offers trading in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, which have gained increasing popularity in recent years.
Shares-Lastly, traders can also invest in shares of some of the world's largest companies such as Apple, Amazon, and Google.
Pros | Cons |
Wide range of market instruments including forex, metals, oils, indices, cryptocurrencies, and shares. | The selection of instruments may not be as extensive as some other brokers. |
Highly liquid markets, allowing for efficient trading and price discovery. | Market volatility can lead to significant price fluctuations and potential losses. |
Ability to trade on leverage, allowing traders to increase their buying power and potential profits. | Trading on leverage also increases the risk of losses, especially for inexperienced traders. |
Opportunity for diversification, as traders can access a variety of different asset classes through a single broker. | Certain market instruments may have high trading fees or commissions. |
Market events or news can have a significant impact on market instruments, making them unpredictable at times. |
ATFX understands that every trader has their own trading style, preferences, and needs, which is why the broker offers a range of account types to choose from. Whether you're a beginner or an experienced trader, there is an account type that is suitable for you.
The Standard Account is a basic account type that is suitable for beginner traders who are just starting in the forex market. It requires a minimum deposit of $100 and offers fixed spreads starting from 1.0 pips. This account type also provides access to the MT4 trading platform and a range of trading instruments, including forex, metals, oils, indices, cryptocurrencies, and shares.
The Edge Account is a more advanced account type that is suitable for traders who have some experience in the forex market. It requires a minimum deposit of $5,000 and offers variable spreads starting from 0.6 pips. This account type also provides access to the MT4 trading platform and a range of trading instruments, including forex, metals, oils, indices, cryptocurrencies, and shares. In addition, the Edge Account offers free VPS hosting, market analysis, and a personal account manager.
The Premium Account is the most advanced account type offered by ATFX, designed for professional traders who require advanced trading features and tools. It requires a minimum deposit of $10,000 and offers variable spreads starting from 0.0 pips. This account type also provides access to the MT4 trading platform and a range of trading instruments, including forex, metals, oils, indices, cryptocurrencies, and shares. The Premium Account offers free VPS hosting, market analysis, a personal account manager, and access to exclusive trading tools, such as Autochartist and Trading Central.
ATFX offers demo trading accounts to its clients, allowing them to practice and familiarize themselves with the trading platform and strategies before committing real funds. Demo accounts are available for all account types, including Standard, Edge, and Premium accounts. These accounts simulate real market conditions, providing traders with the opportunity to test their trading skills and strategies without any financial risks.
The demo accounts are also an excellent tool for beginners who are new to trading as it enables them to learn the basics of trading without the fear of losing money. The demo accounts offer the same features as live accounts, including access to all trading instruments and educational resources, enabling traders to experience the real trading environment.
ATFX's demo accounts have no time limit, giving traders ample time to perfect their trading strategies and techniques. Moreover, traders can switch between the demo and live accounts anytime they want, enabling them to transition smoothly to live trading when they are ready. The demo accounts offered by ATFX are an excellent resource for traders looking to improve their trading skills and strategies in a risk-free environment.
Visit the ATFX website: Go to the ATFX website and click on the “Start Trading” button on the top right corner of the homepage.
Fill in your personal information: You will be directed to a page where you will need to provide your personal information, including your full name, date of birth, contact details, and country of residence. You will also need to choose your preferred account type.
Provide your financial information: You will be asked to provide information about your financial status, including your employment status, annual income, and investment experience.
Submit verification documents: To complete the registration process, you will need to submit a copy of your passport or ID card, as well as a proof of address, such as a utility bill or bank statement.
Fund your account: Once your account is verified, you can fund it using one of the available payment methods, such as bank transfer, credit/debit card, or e-wallet.
Start trading: Once your account is funded, you can start trading on the ATFX platform using your preferred trading instruments and strategies.
However, when browsing through the broker's website, an unwelcomed page showed up. A message popped up on the screen informing us that only the big shots - professional clients - were allowed to use the trading platform, while retail clients were left out in the cold.
Here's a table that compares the spreads on EUR/USD, UK100, and Oil offered by ATFX, Avatrade, IC Markets, and FP Markets:
Broker | EUR/USD Spread | UK100 Spread | Oil Spread |
ATFX | 0.6 pips | 2.5 pips | 0.05 pips |
Avatrade | 0.9 pips | 1.0 pips | 0.03 pips |
IC Markets | 0.1 pips | 1.0 pips | 0.03 pips |
FP Markets | 0.0 pips | 1.0 pips | 0.02 pips |
ATFX offers varying levels of leverage depending on the type of trading account and financial instrument.
For forex trading, the maximum leverage available for retail clients is typically 30:1 for major currency pairs and 20:1 for minor and exotic currency pairs. Professional clients may have access to higher leverage, up to a maximum of 400:1, depending on their trading experience and other criteria.
For trading other financial instruments such as commodities, indices, and shares, the leverage may vary depending on the asset class and market conditions.
It's important to note that while leverage can amplify potential profits, it also magnifies potential losses, so it's crucial to use leverage responsibly and only trade with funds you can afford to lose. Additionally, different regulations may apply in different regions and countries, which could impact the maximum leverage available to traders.
ATFX offers competitive spreads and commissions on its trading accounts, which vary depending on the type of account and trading instrument.
For forex trading, ATFX offers both fixed and variable spreads, depending on the account type. The spreads for major currency pairs on the standard account start from 1.0 pip, while the spreads on the Edge account start from 0.0 pips but come with a commission of $7 per lot traded.
For other financial instruments such as commodities, indices, and shares, the trading fees may vary depending on the specific asset class and trading platform used.
Aside from trading fees, ATFX may charge non-trading fees that traders should be aware of, including:
Inactivity Fee: ATFX may charge an inactivity fee of $50 per quarter for accounts that have been inactive for more than 90 days. This fee may be waived for active traders or in certain circumstances.
Conversion Fees: If you deposit or withdraw funds in a currency different from your account's base currency, ATFX may charge a conversion fee to cover the costs of currency conversion.
Overnight Financing Charges: If you hold a position overnight, ATFX may charge or credit you with an overnight financing charge, also known as a swap fee. This fee is based on the interest rate differential between the two currencies being traded and is typically charged at a fixed percentage of the position value.
Withdrawal Fees: While ATFX does not charge any withdrawal fees, third-party payment providers may charge a fee for their services.
Deposit Fees: ATFX does not charge any deposit fees, but third-party payment providers may charge a fee for their services.
ATFX currently provides the MetaTrader 4 (MT4) platform for its traders, which is a widely used platform among forex traders. It offers advanced charting tools, technical analysis indicators, and automated trading options through Expert Advisors (EAs).
While some traders may prefer other trading platforms, the MT4 platform is a robust and reliable option with a large community of users and third-party developers creating and sharing custom indicators and EAs.
In addition to the MT4 platform, ATFX also offers a range of trading tools and resources, including economic calendars, market analysis, and educational resources such as webinars and tutorials.
Check out this table that compares the trading platforms of ATFX, IC Markets, FP Markets, and Exness:
Feature | ATFX | IC Markets | FP Markets | Exness |
Trading Platform | MT4 | MT4, MT5 | MT4, MT5 | MT4, MT5 |
Web Trading Platform | Yes | Yes | Yes | Yes |
Mobile Trading Platform | Yes | Yes | Yes | Yes |
Social Trading | No | Yes | Yes | No |
Copy Trading | Yes | Yes | Yes | Yes |
Trading Signals | Yes | Yes | Yes | Yes |
Automated Trading | Yes | Yes | Yes | Yes |
Scalping Allowed | Yes | Yes | Yes | Yes |
Hedging Allowed | Yes | Yes | Yes | Yes |
ATFX's minimum deposit requirement of $100 makes it an accessible option for traders who are just starting out or those who prefer to trade in smaller amounts. The following payment methods are available for deposits:
Credit/Debit Cards: Visa and Mastercard are accepted. The processing time for deposits made via credit/debit cards is instant, and there are no fees charged by ATFX.
Bank Wire Transfer: Deposits can be made via bank wire transfer. The processing time for this method varies, and it may take 2-5 business days to reflect in the trader's account. ATFX does not charge fees for deposits made through bank wire transfer, but traders should check with their bank for any charges that may apply.
Online Payment Methods: ATFX also supports online payment methods such as Skrill, Neteller, and Trustly. Deposits made using these methods are typically processed instantly. ATFX does not charge fees for deposits made through online payment methods, but third-party payment providers may charge a fee for their services.
How to withdraw money from my trading account?
Log in to the secure Client Portal section of our homepage, then click “Withdrawal”.
This broker will always return funds to the original source they were deposited. For example, if a deposit is made by credit card, funds will be returned to the same credit card. The return can be done through bank transfer, credit/debit card or e-wallet transfers.
If you are withdrawing profit, this broker may ask you for bank account details to send funds directly to your account.
Please note: Your bank account must be fully verified before submitting a withdrawal request.
The time it takes for funds to return to a trader's bank account will depend on the withdrawal method used.
For bank transfers, once the funds have been removed from the trading account, it will take 3-5 business days before they arrive in the trader's bank account. The actual time required for processing may vary, and traders should refer to their bank for more information.
If using an e-wallet, funds will typically be returned to the trader's e-wallet within 2 business days.
For refunds to credit/debit cards, the process typically takes 2-5 business days after the withdrawal has been successfully processed. However, if there are restrictions preventing funds from being returned to the card, ATFX may request a valid bank statement and return the funds to the trader's registered bank account. In such cases, the trader will be contacted by their relationship manager.
All withdrawal requests received before 2 pm (UK time) on a business day will be processed on the same day. Requests received after this time will be processed on the next available business day.
It seems that ATFX understands the importance of providing reliable and efficient customer support to help traders along the way. Whether you're a seasoned professional or just starting out, the brokerage firm offers a range of customer support options to ensure that you have access to the assistance you need, when you need it.
Live Chat: ATFX provides a live chat feature on their website, which allows traders to chat with a customer support representative in real-time. This option is convenient and efficient, as traders can get their questions answered without having to wait for a response via email or phone.
Email: Traders can contact ATFX's customer support team by email. The brokerage firm aims to respond to all queries within 24 hours, making this a good option for non-urgent matters.
Phone: ATFX also provides a phone number for traders to call if they prefer to speak to a customer support representative directly. The phone lines are open from Monday to Friday, during business hours.
FAQ Section: ATFX's website also features a comprehensive FAQ section, which covers a range of topics such as account opening, funding, trading platforms, and more. This section can be a useful resource for traders who prefer to find answers to their questions independently.
Social Media: ATFX has an active presence on social media platforms such as Facebook, Twitter, and LinkedIn. Traders can use these channels to connect with the company and stay up to date with news and updates.
ATFX offers a wide range of educational resources to help traders improve their skills and knowledge.
One of the primary educational resources available through ATFX is their comprehensive online trading academy. This academy provides traders with a variety of resources, including webinars, videos, articles, and e-books, all designed to help traders learn the fundamentals of trading and improve their strategies. The academy covers a range of topics, from basic concepts such as market analysis and risk management to more advanced topics like trading psychology and algorithmic trading.
In addition to the online trading academy, ATFX also offers a range of educational resources specifically tailored to the needs of different traders. For example, beginners can take advantage of the company's beginner's course, which provides an introduction to the basics of trading, while more experienced traders can benefit from advanced courses covering topics such as technical analysis and trading psychology.
ATFX also provides traders with access to a variety of market analysis tools and resources. These include daily market analysis reports, economic calendars, and real-time news feeds, all of which can help traders stay informed about the latest market trends and make more informed trading decisions.
ATFX is a well-known brokerage firm that offers a variety of trading services and features for traders of all levels. The brokerage's competitive trading conditions, such as low spreads, high leverage, and multiple trading instruments, provide traders with opportunities across various markets.
Additionally, ATFX provides several customer support channels, including live chat, email, and phone, to help traders with their queries and concerns. The brokerage also offers educational resources, such as an online trading academy and tailored courses, to help traders develop their knowledge and skills.
While ATFX has received positive feedback from some traders, as with any brokerage firm, there are also negative reviews and complaints online. However, these reviews should be taken with a grain of salt, and traders are encouraged to conduct their research and make informed decisions before investing their funds with any broker.
Q: Is ATFX a regulated broker?
A: Yes, ATFX is a regulated broker that is authorized and regulated by multiple financial authorities, including the FCA in the UK, the CySEC in Cyprus.
Q: What is the minimum deposit requirement for ATFX?
A: The minimum deposit requirement for ATFX is $100.
Q: What trading platforms does ATFX offer?
A: ATFX offers the popular MetaTrader 4 (MT4) trading platform for desktop, web, and mobile devices.
Q: What are the trading fees and spreads at ATFX?
A: ATFX offers competitive trading conditions, including tight spreads and low commissions. The exact trading fees will depend on the account type and trading instrument.
Q: What payment methods are accepted by ATFX?
A: ATFX accepts a range of payment methods, including bank wire transfer, credit/debit cards, and e-wallets. The availability of payment methods may vary depending on the trader's location.
Q: Does ATFX offer a demo account?
A: Yes, ATFX offers a demo account for traders to practice their trading strategies and familiarize themselves with the trading platform before trading with real money.
Q: Does ATFX offer customer support?
A: Yes, ATFX provides customer support through multiple channels, including live chat, email, and phone. Traders can also access a comprehensive FAQ section on the ATFX website.
Q: Is ATFX suitable for beginner traders?
A: Yes, ATFX offers a range of educational resources, including an online trading academy and tailored courses, to help beginner traders develop their knowledge and skills. Additionally, the broker offers a demo account for traders to practice their trading strategies before trading with real money.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
CJC Markets Review Summary in 10 Points | |
Founded | 2012 |
Registered Country/Region | New Zealand |
Regulation | ASIC |
Market Instruments | Forex, Metals, Equity Indices, US Shares, Asia Shares, EUR Shares, Cryptocurrency CFDs |
Demo Account | N/A |
Leverage | 1:400 |
EUR/USD Spread | 1.5 pips |
Trading Platforms | MT4 |
Minimum deposit | $1,000 |
Customer Support | 24/5 live chat, phone, email |
Based in Auckland, New Zealand, CJC Markets (Carrick Just Capital Markets Limited) is an online NDD (No Dealing Desk) trading broker that allows clients to trade multiple financial assets with flexible leverage up to 1:400 and floating spreads on the MT4 trading platform via 3 different live account types, as well as 24/5 customer support service. However, it is important to note that CJC Markets is not regulated by any financial authorities, which may be a concern for some traders.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
CJC Markets has several advantages including a wide range of tradable instruments, a variety of deposit and withdrawal options, and 24/5 customer support. However, there are also some significant drawbacks, including the lack of regulation, high minimum deposit requirements, and mixed reviews from clients. Overall, traders should exercise caution and carefully consider these factors before deciding whether to trade with CJC Markets.
Pros | Cons |
• Multiple tradable assets and funding options | • Exceeded ASIC license |
• Provides balance protection | • Clients from US and China (including Hong Kong) are not accepted |
• Multiple deposit and withdrawal options | • Negative reviews from some clients regarding the platform being a scam |
• MT4 supported | • High minimum initial deposit ($1,000) |
• Customer support team available 24/5 | • Unclear commission fees on ECN account |
There are many alternative brokers to CJC Markets depending on the specific needs and preferences of the trader. Some popular options include:
FP Markets - An ASIC and CySEC-regulated broker with a wide range of trading instruments, competitive spreads, and multiple trading platforms, suitable for both novice and experienced traders.
FXDD - An offshore broker offering ECN trading accounts with a variety of trading instruments and low spreads, but lacks regulatory oversight and has mixed reviews from clients.
Global Prime - An ASIC-regulated broker with a focus on transparency, offering ECN trading accounts with competitive spreads and a range of trading tools, but has limited trading instruments and high minimum deposit requirements.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
CJC Markets provides investors with 500+ instruments including Forex, Metals, Equity Indices, US Shares, Asia Shares, EUR Shares, Cryptocurrency CFDs. The broker provides access to more than 100 currency pairs, such as the EUR/USD, GBP/USD, and USD/JPY. Clients can also trade precious metals such as gold and silver, as well as a variety of equity indices such as the S&P 500 and the Nasdaq 100. CJC Markets also offers a broad selection of shares from the US, Europe, and Asia. Additionally, the broker provides access to popular cryptocurrency CFDs such as Bitcoin, Ethereum, Ripple, Litecoin, and Tether. With a variety of instruments available, traders can diversify their portfolios and potentially take advantage of different market conditions.
There are three account options available on the CJC Markets platform: Standard, VIP and ECN. The minimum initial deposit for a Standard account is $1,000, way too high for most regular traders to get started. The high minimum initial deposit can be a disadvantage for many traders, especially beginners who want to start with a smaller amount of money.
However, the higher minimum deposit requirement for the Standard account may be suitable for more experienced traders who want access to higher leverage and other advanced trading features. The VIP and ECN accounts require a minimum initial deposit of $25,000 and $50,000 respectively, which may not be feasible for many traders.
In terms of trading leverage, the maximum leverage for the Standard account is up to 1:400, up to 1:300 for the VIP account and up to 1:200 for the ECN account. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads and commissions with CJC Markets are scaled with the accounts offered. Specifically, the spread starts from 1.5 pips on the Standard account, from 1 pip on the VIP account, and raw spreads on the ECN account. As for the commission, there is no commission charged on the Standard and VIP accounts, while unspecified on the ECN account.
While the Standard and VIP accounts do not charge commissions, the spreads are higher, which may not be as cost-effective in the long run. Traders should carefully consider their trading style and needs when choosing an account type with CJC Markets.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission |
CJC Markets | From 1.5 pips | No |
FP Markets | From 0.0 pips | AUD $7 round turn |
FXDD | From 0.2 pips | No |
Global Prime | From 0.0 pips | AUD $7 round turn |
Note that these rates are subject to change and may vary depending on account type and market conditions. Traders should always confirm the most up-to-date rates directly with the broker.
CJC Markets offers the leading MT4 trading platform for iOS, Android, Windows, and Mac to meet a wide range of user needs. MT4 is currently the most popular forex trading platform on the market, with a user-friendly interface, and powerful charting tools. With a user-friendly interface, powerful charting tools, and a large number of custom indicators, MT4 is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders to get ahead in the financial markets.
See the trading platform comparison table below:
Broker | Trading Platform |
CJC Markets | MetaTrader 4 |
FP Markets | MetaTrader 4, MetaTrader 5, Iress |
FXDD | MetaTrader 4 |
Global Prime | MetaTrader 4 |
From the logos shown at the foot of the home page on CJC Markets official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Visa, MasterCard, Bitcoin, bit wallet, BTPay, Bank Wire, dragon pay, help2ay, PayTrust, Skrill, Neteller, and Tether.
Having multiple payment options provides more convenience and flexibility for traders to deposit and withdraw their funds. It's worth noting that certain payment methods may have fees or restrictions, so it's essential to check with the broker's website or customer service before making any transactions.
CJC Markets | Most other | |
Minimum Deposit | $1,000 | $100 |
See the deposit & withdrawal fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee |
CJC Markets | N/A | N/A |
FP Markets | None | None |
FXDD | None | Varies by method |
Global Prime | None | None |
Note: Withdrawal fees for FXDD vary depending on the payment method used. Please refer to the broker's website for more information.
The CJC Markets customer support team can be contacted 24/5 through telephone, email, social media, or live chat. You can also follow this broker on social networks such as Facebook, Instagram and LinkedIn. FAQ section is also available. Alternatively, traders can visit their physical office in Auckland, New Zealand.
It's worth noting that having a physical office can provide additional peace of mind for traders who value face-to-face communication and transparency with their broker. The availability of multiple channels for customer support is also a plus, as traders can choose the most convenient way to reach out for help. However, the lack of 24/7 customer support may be a disadvantage for traders who need immediate assistance outside of regular business hours. Overall, the customer support options provided by CJC Markets seem to be reasonable and comprehensive.
Pros | Cons |
• Available 24/5 through various channels | • No 24/7 customer support |
• Physical office available for in-person help | • No support for some languages |
• Active on various social media platforms | |
• Comprehensive FAQ section on the website |
Please note that these pros and cons are based on the information available and may not be exhaustive.
On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Generally, CJC Markets is an unregulated broker that provides a range of instruments. However, the high minimum deposit requirement, lack of regulation, and negative reviews from clients raise concerns about the safety of the platform. On the other hand, the broker offers balance protection up to $500, and there is a range of deposit and withdrawal options available. The customer support team can be contacted 24/5. Overall, traders should approach CJC Markets with caution and consider the potential risks before investing.
Q 1: | Is CJC Markets regulated? |
A 1: | No. Their Australia Securities & Investment Commission (ASIC) license is exceeded. |
Q 2: | At CJC Markets, are there any regional restrictions for traders? |
A 2: | Yes. CJC Markets does not accept customers who are residents of the US and China (including Hong Kong). |
Q 3: | Does CJC Markets offer the industry-standard MT4 & MT5? |
A 3: | Yes. CJC Markets supports MT4. |
Q 4: | What is the minimum deposit for CJC Markets? |
A 4: | The minimum initial deposit to open an account is $1,000. |
Q 5: | Is CJC Markets a good broker for beginners? |
A 5: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its too high initial deposit. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive atfx and cjc-markets are, we first considered common fees for standard accounts. On atfx, the average spread for the EUR/USD currency pair is -- pips, while on cjc-markets the spread is --.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
atfx is regulated by ASIC,FCA,CYSEC,SCA. cjc-markets is regulated by FinCEN,FMA,ASIC,ASIC,ASIC,ASIC.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
atfx provides trading platform including -- and trading variety including --. cjc-markets provides trading platform including ECN,VIP,Standard and trading variety including Forex, CFD’s, Commodities, Stocks.