CPT Markets Basic Information

Founded in 2016, CPT Markets is a global financial brokerage firm that offers trading on Forex, Metals, Energy, Indices, Cryptocurrencies through MT4, MT5 or cTrader. However, CPT Markets does not offer its services to residents of the United States, Canada, and some other jurisdictions.

Is CPT Markets legit?

CPT Markets is a legit broker and it has three entities regulated in their own jurisdictions:

CPT Markets UK is the trading name used by CPT Markets UK Limited. The company's registered office is located in Wales, England, with registration number 6707165, authorized and managed by the UK Financial Conduct Authority (FCA), number 606110. CPT Markets UK Limited is an associated company of CPT Markets Limited.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Status
	Financial Conduct Authority (FCA)	CPT Markets UK Limited	Market Making (MM)	606110	Regulated

CPT Markets is the trading name used by CPT Markets Limited, registered in Belize, offshore regulated by the Belize International Financial Services Commission (FSC), license number: No. IFSC000314/351.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Status
	Financial Services Commission (FSC)	CPT Markets Limited	Retail Forex	000314/126	Offshore Regulated

Another entity, CPT MARKETS (PTY) LTD, is regulated in South Africa, authorized by the Financial Sector Conduct Authority (FSCA) under license no. 45954.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Status
	Financial Sector Conduct Authority (FSCA)	CPT MARKETS (PTY) LTD	Financial Service	45954	Regulated

Pros & Cons

Market Instruments

CPT Markets offers access to five classes of tradable instruments across different markets, including forex, indices, commodities, stocks, and cryptocurrencies. With over 60 currency pairs, major indices such as the S&P 500 and Nasdaq 100, popular commodities like gold, silver, and crude oil, as well as cryptocurrencies like Bitcoin and Ethereum, traders can choose their preferred investment options based on their trading style.

Account Types

Three account options are on offer with CPT Markets, namely Classic, ECN and Prime, classified by account-opening deposits.

For those looking for a more accessible entry point, the Classic account is the most popular choice. It requires a minimal deposit of just $20, making it ideal for beginners or those preferring to start with smaller capital. While it maintains the high leverage of 1:1000, it offers slightly wider spreads of 1.4 pips but without any commission charges.

The ECN account, with a minimum deposit of $1,000, is tailored for experienced traders seeking tight spreads and direct market access. It offers spreads as low as 0.1 pips and operates on a commission-based model. This account type provides maximum leverage of 1:1000, with a 50% margin call and a 30% stop out level.

The Prime account strikes a balance between the ECN and Classic offerings. It requires the same $1,000 minimum deposit as the ECN account but provides a commission-free trading environment with spreads from 0.7 pips. This account maintains the same leverage, margin call, and stop out levels as the other account types.

Aside from the three types of trading accounts above, CPT Markets also offers MAM accounts and Corporate accounts.

Demo Accounts

CPT Markets offers demo accounts to its clients, which can be used to practice trading without risking real money. The validity period of the CPT Markets demo account is 30 days, after which the account will expire. It's not possible to extend the demo account's validity period, but clients can open a new demo account once the previous one expires. Each client is allowed to have multiple demo accounts to test different trading strategies or to use them for educational purposes.

Leverage

CPT Markets (Belize) offers a maximum leverage of up to 1:1000, which is considered to be high.

While CPT Markets (UK) offers trading leverage up to 1:30 in accordance with the regulations set by the Financial Conduct Authority (FCA). One of the regulations set by the FCA is the maximum allowable leverage that can be offered to retail clients, which is currently set at 1:30 for forex trading. This is intended to protect retail clients from incurring large losses due to excessive leverage.

Spreads & Commissions

CPT Markets offers variable spreads, which means that the spread can widen or narrow based on market conditions. The broker also charges commissions on some of its account types.

The spreads on CPT Markets' forex pairs start from 0.0 pips, with an average spread of 0.2 pips on the EUR/USD pair. The broker also offers competitive spreads on other major currency pairs, such as GBP/USD, USD/JPY, and AUD/USD.

For indices, the spread on the UK 100 index starts from 0.8 points, while the spread on the US 500 index starts from 0.5 points. For commodities, the spread on gold starts from 0.3 pips, while the spread on silver starts from 0.02 pips.

In terms of commissions, CPT Markets charges $4 per lot for its ECN account, while the Standard and Platinum accounts have no commission charges.

Non-Trading Fees

In addition to trading costs, CPT Markets also charges non-trading fees that clients should be aware of. These fees include fees for deposits, withdrawals, account inactivity, and other administrative fees that may apply.

CPT Markets does not charge fees for deposits and withdrawals, and clients can make unlimited free-of-charge withdrawals per month. However, it should be noted that some payment providers may charge their own fees for transactions, which is beyond the control of the broker.

Inactivity fees may be charged to clients who have not made any trades or account activity for a period of 90 days or more. The fee for this inactivity is $50 per month, which will be deducted from the client's account balance. However, if there is no available balance in the account, no fee will be charged.

Other administrative fees that may apply include fees for account closure, wire transfers, and chargebacks. These fees vary depending on the specific circumstances and are listed in the broker's terms and conditions

Besides, CPT Markets also charge swap fees. Swap fees are charges incurred for holding a position overnight, also known as an overnight financing fee. The amount of the swap fee depends on the instrument being traded and the direction of the position (long or short).

Trading Platforms

CPT Markets gives its clients access to three excellent choices of trading platforms, the advanced MT4 and MT5 as well as cTrader.

MetaTrader 4 (MT4)

CPT Markets offers the popular MetaTrader 4 (MT4) trading platform, which is available for download on desktop and mobile devices. MT4 is a well-established platform in the industry, offering advanced charting tools, technical analysis indicators, and the ability to execute trades directly from the platform. Additionally, CPT Markets also provides a web-based platform, which can be accessed through a web browser without the need for any downloads. The web platform offers similar features to the desktop platform, including charting tools and order execution.

MetaTrader 5 (MT5)

Besides, CPT Markets also offers the MetaTrader 5 (MT5) trading platform to its clients. With MT5, traders can access a range of order types, including market orders, limit orders, stop orders, and trailing stops. The platform also supports hedging, allowing traders to open multiple positions in the same market in different directions. In addition to the desktop version, CPT Markets also offers a mobile version of the MT5 platform, allowing traders to access the markets from anywhere with an internet connection. The mobile app is available for both iOS and Android devices and offers many of the same features as the desktop version.

cTrader

CPT Markets also offers cTrader, an intuitive and easy-to-use trading platform for new and advanced traders. With cTrader, you can customize your on-the-go trading experience with a variety of order types, technical analysis tools, price alerts, and trade statistics. CPT Markets cTrader is available on PC, desktop and mobile devices.

Copy Trading

CPT Markets offers a copy trading feature that allows less experienced traders to replicate the strategies of successful investors. You can choose to be a social trading provider or follower by filling out the following form.

Deposit & Withdrawal

CPT Markets offers 14 payment methods for its clients, including bank transfer, credit/debit card, and Skrill, Neteller, and other online payment systems. The broker does not charge any fees for deposits, but third-party fees may apply depending on the payment method used. Withdrawals are generally processed within one business day, but it may take up to five business days for funds to appear in the client's account, depending on the withdrawal method.

Clients can make deposits and withdrawals in multiple currencies, including USD, EUR, GBP, AUD, and CAD. However, it's worth noting that there may be some currency conversion fees charged by the payment provider. In terms of minimum deposit requirements, CPT Markets requires a minimum deposit of $500 for all account types, which is higher than the industry standard.

Customer Support

Clients can reach out to the broker's customer service team through phone, email, live chat, and social media platforms such as Facebook and Twitter. CPT Markets' customer service team is available 24/5 to assist clients with any questions or issues they may have.

The broker has a multilingual support team that can assist clients in different languages, including English, Chinese, Spanish, and Arabic.

Educational Resources

In comparison to industry peers such as FP Markets and XM, CPT Markets offers a more limited range of educational resources. The broker's educational offerings are focused primarily on essential tools, including the CPT Academy, an Economic Calendar, and occasional webinars. While these resources provide basic support for traders, the scope and depth of educational content are not as extensive as those offered by some of its competitors in the forex and CFD trading space.

FAQs

Is CPT Markets legit?

CPT Markets operates legally, and it is regulated by FCA in the UK, FSC in Belize, and FSCA in South Africa.

What account types are available at CPT Markets?

CPT Markets offers several account types, including Classic, ECN, Prime, MAM and Corporate accounts.

Is CPT Markets a good broker for beginners?

Yes, CPT Markets is a good broker for beginners. CPT Markets offers robust platforms for traders, operating under stringent regulatory oversight and providing solid educational resources along with demo accounts. More importantly, it allows small-budget trading from $20 only.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital.

Avatrade Information

Avatrade is an online forex and CFD broker that was established in 2006. The company is headquartered in Dublin, Ireland, and is regulated by several financial authorities around the world, including ASIC, FSA, FFAJ, ADGM, CBI, and FSCA.

As a market maker broker, Avatrade offers a range of tradable assets including forex, indices, commodities, crypto CFD, stocks, ETFs, bonds, and FX options. The broker provides clients with access to multiple trading platforms, including AvaTrade Mobile App, WebTrader, AvaSocial, AvaOptions, MT4, MT5, and DupliTrade.

Pros & Cons of Avatrade

When it comes to choosing a broker, it's important to carefully consider the pros and cons to determine which one is right for you.

Is Avatrade Legit?

Avatrade is regulated by multiple financial regulatory authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Services Authority (FSA), the Financial Futures Association of Japan (FFAJ), the Abu Dhabi Global Market of the United Arab Emirates (ADGM), the Central Bank of Ireland (CBI), and the Financial Sector Conduct Authority of South Africa (FSCA). These regulatory bodies ensure that Avatrade operates with transparency, integrity, and in compliance with regulatory requirements.

• Ava Capital Markets Australia Pty Ltd - authorized by ASIC (Australia) registration no. 406684
• Ava Trade Japan K.K. - authorized by FSA (Japan) registration no. 2010401081157 and FFAJ registration no. 1574
• Ava Trade Middle East Limited - authorized by ADGM (UAE) registration no.190018
• AVA Trade EU Ltd - authorized by CBI (Ireland) registration no. C53877
• Ava Capital Markets Pty Ltd - authorized by FSCA (South Africa) registration no. 45984

Market Instruments

Avatrade offers a wide range of trading instruments across various markets, including forex, indices, commodities, crypto CFD, stocks, ETFs, bonds, and FX options.

Account Type

When it comes to account types, Avatrade only offers a standard account. This means that all clients will have access to the same features and trading conditions, regardless of the size of their deposit.

Avatrade has a minimum deposit requirement of $100, which is relatively low compared to other brokers in the industry. However, there are other brokers that have a lower minimum deposit requirement than Avatrade. For instance, HFM and XM have a minimum deposit requirement of $0 and $5, respectively.

Demo Account

Avatrade offers demo accounts for traders who want to practice their trading skills or test out the trading platform without risking real money. The demo account allows traders to access the full range of trading instruments and features on the Avatrade platform using virtual funds. It is a useful tool for new traders to get familiar with the platform and for experienced traders to test new strategies before using them in live trading. The demo account is available for 21 days and can be renewed upon request.

How to Open an Account?

When it comes to the process of opening an account with Avatrade, rest assured that it is one of the most streamlined and user-friendly experiences out there. Not only is the process simple and straightforward, but it is also designed to ensure that new traders can start their journey with ease.

• First, you need to visit the Avatrade website and click on the “Register Now” button, which is prominently displayed on the homepage.

• Then, you will then be taken to a Sign Up Form where you will need to provide your email address. You will also need to create a password.

• After filling out the registration form, you will need to verify your identity by submitting a copy of your government-issued ID and a recent utility bill or bank statement. This is a standard requirement for all regulated brokers and is done to ensure the security and integrity of the trading platform.
• Once your account is verified, you can fund your account using one of the many payment options available, such as credit/debit card, bank transfer, or electronic wallets like Neteller or Skrill. After funding your account, you can download the Avatrade trading platform or use the web-based version to start trading.

Leverage

Avatrade offers leverage of up to 1:400 for forex trading and up to 1:200 for other instruments such as commodities and indices. This means that traders can control a larger position with a smaller amount of capital. However, it's important to keep in mind that leverage can magnify both profits and losses, and traders should use it responsibly and with caution.

Avatrade also offers a range of leverage options for different account types, including 1:30 for retail clients in compliance with ESMA regulations and 1:400 for professional clients. It's important to note that professional clients must meet certain criteria to qualify for higher leverage.

Spreads & Commissions (Trading Fees)

Avatrade offers competitive spreads and charges no commission fees for trading on its platform. The spreads offered by Avatrade vary depending on the trading instrument and market conditions. For example, the typical spread for EUR/USD is 0.9 pips, while for GBP/USD, it is 1.5 pips. Spreads for other instruments, such as indices and commodities, also vary.

However, it's important to note that spreads can vary depending on market conditions and volatility. Additionally, Avatrade charges commissions on certain trading instruments such as CFDs, which can impact the overall cost of trading.

Non-Trading Fees

Non-trading fees are the fees that a broker charges for activities other than trading. These fees can significantly impact the profitability of a trader, and it's important to be aware of them when choosing a broker. Avatrade charges inactivity fee and administration fee. You can find detailed info in the table below:

Trading Platform

Avatrade offers a selection of trading platforms that are designed to meet the needs of different types of traders. Here are some of the trading platforms offered by Avatrade:

1. AvaTrade Mobile App: This is a mobile app that is available on both iOS and Android platforms. It allows traders to access their accounts and trade on the go.
2. MT4: Avatrade offers the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world. MT4 is known for its user-friendly interface, advanced charting tools, and a range of custom indicators and expert advisors.
3. MT5: Avatrade also offers the MetaTrader 5 (MT5) platform, which is the successor to MT4. MT5 has several new features, including more advanced charting tools, a wider range of order types, and improved back-testing capabilities.
4. WebTrader: Avatrade's WebTrader platform allows traders to access their accounts and trade directly from their web browser. The platform is easy to use and offers a range of trading tools and indicators.
5. AvaOptions: This is Avatrade's platform for trading options. It offers a range of options trading tools, including risk management tools, and a range of customizable trading strategies.

Deposit & Withdrawal

Avatrade accepts MasterCard, Visa, PayPal, Skrill, Neteller, Wire Transfer, Perfect Money, and Boleto. The minimum deposit requirement is 100 USD, EUR, GBP or AUD. Deposit and withdrawal processing time very by the method you choose. You can find more detailed info in the screenshot below or directly visit this link: https://www.avatrade.com/about-avatrade/avatrade-withdrawals-deposits

Educational Resources

Avatrade offers a variety of educational resources to help traders improve their skills and knowledge. They have a comprehensive educational section on their website that includes a range of materials such as academy, trading for beginners, trading platforms turtorials, economic indicators, trading rules, blog, etc. The video tutorials are easy to follow and cover a variety of topics, including trading platforms, technical analysis, and risk management. Avatrade also offers webinars that are conducted by experienced traders and cover a variety of topics. These webinars are interactive, allowing participants to ask questions and receive feedback from the presenter.

Customer Support

Avatrade offers customer supportthrough multiple channels, including live chat, contact form, WhatsApp: +447520644093, phone (vary by the region), and email. They also have a comprehensive FAQ section on their website, which covers a wide range of topics related to the platform and trading.

Conclusion

Avatrade is a well-established broker with a long history of providing trading services to traders worldwide. They offer a variety of trading instruments, including forex, indices, commodities, crypto CFD, stocks, ETFs, bonds, and FX options, with competitive spreads and leverage options. Their trading platform is user-friendly and provides a range of advanced tools and features for traders of all skill levels. Additionally, they provide excellent customer support, educational resources, and demo accounts for traders to practice their strategies. However, there are some downsides to consider, such as higher inactivity fees and limited account options.

FAQs

Is Avatrade regulated?

Yes, Avatrade is regulated by multiple reputable authorities, including ASIC (Australia), FSA (Japan), FFAJ (Japan), ADGM (UAE), CBI (Ireland), and FSCA (South Africa).

Does Avatrade offer demo accounts?

Yes.

What is the minimum deposit requirement for Avatrade?

The minimum deposit requirement for Avatrade is $100.

Does Avatrade charge inactivity fee?

Yes. After 3 consecutive months of non-use (“Inactivity Period”), and every successive Inactivity Period, an inactivity fee will be deducted from the value of the Customers trading account. This fee is outlined below and subject to client relevant currency based account:

• USD Account: $50
• EUR Account: €50
• GBP Account: £50