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Do you want to know which is the better broker between FxPro and CPT Markets ?
In the table below, you can compare the features of FxPro , CPT Markets side by side to determine the best fit for your needs.
EURUSD: 0.1
XAUUSD: 1.2
Long: -6.28
Short: 1.28
Long: -17.45
Short: 9.08
EURUSD: 0.2
XAUUSD: 0.1
Long: -6.49
Short: 1.94
Long: -21.31
Short: 11.33
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 fxpro, cpt-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:
FxPro | Basic Information |
Company Name | FXPRO UK Limited |
Founded | 2006 |
Headquarters | London, UK |
Regulations | FCA, CySEC |
Tradable Assets | Forex, Stocks, Futures, Indices, Metals, Energies, Cryptocurrencies |
Account Types | Demo Account, Live Account |
Minimum Deposit | $100 |
Maximum Leverage | 1:200 |
Deposit & Withdrawal | Bank Transfer, Credit/Debit Cards, PayPal, Skrill, Neteller, China UnionPay, mPay, FasaPay, Webmoney |
Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, FxPro Trading Platform |
Customer Support | Multilingual customer support through Phone, Email, Live Chat |
Education Resources | Webinars, Articles, Videos, eBooks, Tutorials |
Bonus Offerings | None |
Founded in 2006, FxPro is a reputable UK-based forex broker that provides online trading services to a global audience. With over 70 financial instruments available for trading, FxPro offers its clients a diverse range of products, including forex, shares, indices, futures, and spot metals. The broker provides clients with access to multiple trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as its proprietary platform, FxPro trading platform, FxPro trading App, and cTrader.
In addition to its trading services, FxPro provides clients with a range of educational resources, including webinars, video tutorials, and market analysis tools. The broker offers 24/5 customer support in over 20 languages, ensuring that clients can receive assistance in their preferred language at any time of the day or night. FxPro also provides its clients with a range of payment options, including credit/debit cards, bank transfers, and various e-wallets, making it easy to deposit and withdraw funds from their trading accounts.
Yes, FxPro is regulated by several reputable financial regulatory bodies in different jurisdictions where it operates. These regulatory bodies ensure that FxPro adheres to strict standards of financial stability, security, transparency, and fair trading practices.
FxPro UK Limited is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, with registration number 509956.
FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), with license number 078/07.
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FXPro offers a diverse range of trading instruments to its clients, including Forex currency pairs, indices, commodities, shares, and futures. The broker offers over 70 currency pairs, including majors, minors, and exotic pairs, with competitive spreads starting from 0 pips. In addition, FXPro provides traders with access to a variety of indices, such as S&P 500, NASDAQ, DAX, and FTSE 100, among others. The broker also offers commodities such as gold, silver, oil, and gas, along with futures contracts on indices, energies, and metals. Lastly, FXPro provides traders with access to more than 150 stocks of some of the largest companies globally, such as Apple, Amazon, Google, and Facebook, among others. Overall, FXPro offers its clients a broad range of instruments to trade with, making it a suitable broker for traders of all levels and preferences.
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FXPRO offers two types of accounts: a live trading account and a demo account. The live trading account offers instant execution with no requotes, negative balance protection, and a variety of trading platforms to choose from.
FXPro offers a free and 180-day life span demo account that enables traders to test their trading strategies and get a feel for the platform's features and functionality without risking any real money. The demo account comes with virtual funds that can be used to trade various financial instruments, including forex, commodities, indices, and shares.
With FXPro's demo account, traders can familiarize themselves with the platform's trading tools and resources, such as the advanced charting package, market news and analysis, and risk management tools. Traders can also practice their trading skills and test out new trading strategies in a risk-free environment.
The process of opening an account with FXPro is a streamlined and uncomplicated endeavor, which aims to provide a smooth onboarding experience for traders.
First, you need to visit the broker's website and click on the 'Register' button.
Then, you will then be directed to a page where you need to fill out a registration form with your personal information, including your full name, email address, phone number, and country of residence. You will also need to create a unique username and password.
Once you have submitted your registration form, you will be prompted to verify your email address by clicking on a verification link that will be sent to your inbox. After verifying your email, you can then proceed to complete the verification process by providing additional information, such as your ID and proof of address.
Once your account has been verified, you can then proceed to fund it with the minimum required deposit. FXPro offers a variety of payment methods, including bank transfers, credit/debit cards, and e-wallets. You can choose the payment method that best suits your needs and preferences.
After funding your account, you can then start trading by logging into the FXPro trading platform with your account credentials. If you are new to trading, it is recommended that you first practice on the demo account to get a feel of how the platform works before risking your real money.
FXPro offers competitive leverage ratios for different trading instruments to help traders maximize their trading potential. For forex majors, gold, and futures spot, as well as futures of energy (UK Oil, Natural Oil), the broker offers a high leverage of up to 1:200. This means that traders can control a large amount of capital with a relatively small deposit. However, traders should be aware that high leverage also increases the risk of potential losses.
For other instruments such as indices and shares, the leverage ranges from 1:20 to 1:50, depending on the specific instrument.
Here's a table comparing the maximum leverage offered by FXPro, IC Markets, Exness, FP Markets, and FBS across various asset classes:
Broker | Forex majors & Gold | Forex minors & exotics | Futures Spot & Futures Energy | Indices & Metals | Stocks & ETFs | Cryptocurrencies |
FXPro | 1:200 | 1:50 | 1:200 | 1:100 | 1:05 | 1:05 |
IC Markets | 1:500 | 1:500 | 1:200 | 1:100 | 1:20 | 1:05 |
Exness | 1:2000 | 1:2000 | 1:200 | 1:200 | 1:20 | 1:02 |
FP Markets | 1:500 | 1:500 | 1:100 | 1:100 | 1:20 | 1:05 |
FBS | 1:3000 | 1:3000 | 1:100 | 1:500 | 1:20 | 1:03 |
FXPRO offers variable spreads that can vary depending on the market conditions and the asset being traded. The spreads offered by FXPRO may appear to be on the higher side, with the EUR/USD pair starting from 1.5 pips, GBP/USD from 2.1 pips, WTI spreads from 60 pips, Gold from 36 pips, and BTC from 6251 pips. However, it's important to note that different brokers may offer different spreads depending on their business model, and it's always essential to compare the spreads of different brokers before deciding on one.
In terms of commissions, FXPRO offers commission-free trading for most instruments, except for share CFDs, which are subject to a commission of 0.05% of the transaction value.
Here's a table that compares the spread on some of the most popular trading instruments provided by FXPRO with other well-known brokers in the market.
Broker | EUR/USD Spread | GBP/USD Spread | WTI Spread | ETHUSD Spread | Gold Spread |
FXPRO | 1.5 pips | 2.1 pips | 60 pips | 1.5 pips | 36 pips |
XM | 0.8 pips | 1.7 pips | 3.0 pips | 8.0 pips | 34 pips |
AvaTrade | 1.3 pips | 1.6 pips | 2.2 pips | 4.0 pips | 40 pips |
FXTM | 1.3 pips | 1.9 pips | 2.0 pips | 12.0 pips | 35 pips |
HF Markets | 1.1 pips | 1.4 pips | 4.0 pips | 3.0 pips | 38 |
In addition to trading fees, FXPRO also charges non-trading fees that traders should be aware of. These fees include overnight interest fees, inactivity fees, and withdrawal fees.
Overnight interest fee, also known as swap rates. This fee is charged when traders hold positions overnight and can be either positive or negative, depending on the currency pair and the direction of the trade.
The inactivity fee is charged when a trader does not place any trades for a certain period of time. This fee is typically charged on a monthly basis and is deducted from the trader's account balance.
FXPRO also charges withdrawal fees, which vary depending on the withdrawal method used. Withdrawals via bank transfer are typically subject to a fee, while withdrawals via e-wallets may be free of charge.
Overall, while the non-trading fees of FXPRO are not excessive, traders should be aware of them and factor them into their trading costs.
FXPro provides traders with a variety of robust and user-friendly trading platforms to choose from, including the popular MetaTrader 4 and 5 (MT4 and MT5) platforms, as well as their proprietary FXPro Trading Platform and the advanced cTrader platform. Each platform offers different features and advantages, allowing traders to choose the platform that best suits their individual trading needs and preferences.
MT4 and MT5 are widely recognized as the industry standard in forex trading platforms, providing traders with a comprehensive range of analytical tools, customizable indicators, and automated trading capabilities. FXPro's proprietary trading platform, on the other hand, offers a user-friendly interface with advanced charting capabilities and built-in risk management tools.
For traders looking for a more advanced trading experience, cTrader offers a range of sophisticated features such as level 2 pricing, advanced order types, and algorithmic trading capabilities.
Broker | Trading Platforms Offered |
FXPro | MT4, MT5, FXPro Trading Platform, FXPro cTrader |
FXTM | MT4, MT5 |
Exness | MT4, MT5 |
FP Markets | MT4, MT5, IRESS |
Pepperstone | MT4, MT5, cTrader |
The minimum deposit is $100. FXPro UK Ltd provides its clients with a diverse range of deposit and withdrawal options to facilitate seamless transactions. Clients can deposit funds through various methods, including bank transfer, broker-to-broker transfer, VISA, MasterCard, Maestro, and MasterCard Secure Code. Withdrawals can also be made using the same methods.
It is important to note that while deposits are free of charge, some withdrawal methods may incur fees. For instance, bank transfers may attract fees from the bank or intermediary bank, and credit card withdrawals may incur a 2% fee on the withdrawal amount.
FXPro Financial Services Ltd accepts the payment methods mentioned previously, such as Bank Transfer, Broker to Broker, VISA, MasterCard, and Maestro. Additionally, FXPro Financial Services Ltd also supports e-wallet payment methods including PayPal, Neteller, and Skrill.
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FXPRO offers customer support to its clients through various channels, including email, phone, and live chat. The customer support team is available 24/5 and can assist clients with any questions or issues they may have regarding their trading accounts, trading platforms, or other services offered by the broker.
Clients can contact the customer support team via email, and they can expect to receive a response within 24 hours. Phone support is available in multiple languages, and clients can find phone numbers for their respective countries on the broker's website.
FXPRO also offers a live chat feature on its website, which allows clients to connect with a customer support representative in real-time. Live chat is available in multiple languages and is a quick and convenient way for clients to get their questions answered or issues resolved.
In addition to the above channels, FXPRO has an extensive FAQ section on its website that covers a wide range of topics related to trading, account management, and other services provided by the broker. Clients can access the FAQ section by clicking on the “Support” tab on the broker's website.
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Video tutorials: FXPro offers a wide range of video tutorials covering various topics such as trading strategies, technical analysis, and market news.
Webinars: The broker hosts webinars featuring expert traders, covering a wide range of topics and providing clients with the opportunity to ask questions and interact with other traders.
Trading tools: FXPro provides its clients with a range of trading tools, including economic calendars, market analysis, and trading calculators.
Ebooks: The broker offers a range of ebooks covering topics such as trading psychology, technical analysis, and trading strategies.
Glossary: FXPro has a comprehensive glossary of trading terms, providing clients with definitions of commonly used terms and concepts.
Trading academy: The broker has a trading academy that offers a range of courses covering beginner, intermediate, and advanced topics. These courses are designed to help traders improve their skills and knowledge.
Market insights: FXPro provides clients with daily market insights, covering the latest market news, analysis, and commentary.
Overall, FXPro is a well-regulated and reputable online forex broker with several advantages and disadvantages. The broker offers a wide range of trading instruments and allows trading on multiple platforms, including MT4, MT5, cTrader, and its proprietary platform.
While the broker's leverage is relatively high, its trading fees, including spreads and commissions, may be considered somewhat expensive. The broker also offers a variety of deposit and withdrawal options, with a minimum deposit of $100.
FXPro's customer support is reliable and efficient, with several contact options, including email, phone, and live chat. Additionally, the broker offers various educational resources, including webinars, articles, and tutorials, to help traders enhance their trading skills and knowledge.
Question: Is FXPro a regulated broker?
Answer: Yes, FXPro is a regulated broker. It is authorized and regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.
Question: What trading instruments are available at FXPro?
Answer: FXPro offers a wide range of trading instruments, including forex, commodities, indices, futures, and shares. Clients can trade over 70 currency pairs, as well as gold, silver, crude oil, and other popular commodities.
Question: Does FXPro offer a demo account?
Answer: Yes, FXPro offers a demo account that allows clients to practice trading in a risk-free environment with virtual funds.
Question: What payment methods does FXPro accept?
Answer: FXPro accepts a wide range of payment methods, including bank transfers, credit/debit cards, and e-wallets such as PayPal, Skrill, and Neteller.
Question: What trading platforms does FXPro offer?
Answer: FXPro offers several trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and its own proprietary trading platform. Clients can choose the platform that best suits their trading needs and preferences.
Question: Does FXPro offer educational resources for traders?
Answer: Yes, FXPro offers a range of educational resources for traders, including video tutorials, webinars, and articles.
CPT Markets | Basic Information |
Registered Country/Region | Belize |
Founded in | 2016 |
Regulation | FCA (UK), FSC (Belize) |
Minimum Deposit | $500 |
Demo Account | Yes |
Tradable Assets | Forex, Metals, Energy, Indices, Cryptocurrencies |
Trading Platforms | MetaTrader 4, WebTrader, Mobile App |
Spreads | From 0.0 pips |
Commission | $3 per lot |
Leverage | Up to 1:1000 |
Deposit Methods | Bank Wire Transfer, Credit/Debit Cards, E-wallets |
Withdrawal Methods | Bank Wire Transfer, Credit/Debit Cards, E-wallets |
Education | Trading Academy, Webinars, Trading Tools |
Customer Support | Phone, Email, Live Chat |
CPT Markets is a global financial brokerage firm that offers a variety of financial instruments for trading. Founded in 2016, the broker is headquartered in London, UK, and is regulated by the Financial Conduct Authority (FCA) and the International Financial Services Commission (IFSC). CPT Markets provides its clients with access to a range of trading platforms, including the popular MetaTrader 4 (MT4) platform, as well as a variety of educational resources and trading tools. The broker also offers competitive spreads and leverage, with the ability to trade on a range of asset classes, including forex, commodities, indices, and cryptocurrencies. However, CPT Markets does not offer its services to residents of the United States, Canada, and some other jurisdictions.
CPT Markets is a legit broker and it has two entities regulated in their own jurisdictions:
CPT Markets is the trading name used by CPT Markets Limited, registered in Belize, regulated by the Belize International Financial Services Commission, license number: No. IFSC000314/351.
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.
When evaluating a potential broker to trade with, it's important to consider both the advantages and disadvantages. This can help you make an informed decision on whether a broker like CPT Markets is suitable for your trading needs. In this section, we will provide an overview of the pros and cons of trading with CPT Markets, including aspects such as trading conditions, account types, customer support, and more. By the end of this section, you should have a better understanding of what CPT Markets has to offer and whether it aligns with your trading goals and preferences.
Pros | Cons |
Wide selection of trading instruments | Limited range of tradable instruments |
Multiple account types to suit various traders | No proprietary trading platform |
Competitive spreads and commissions | Limited educational resources |
Multiple deposit and withdrawal options | Limited research and analysis tools |
Negative balance protection and client fund safety | Limited customer support options outside of Asia |
Access to popular trading platforms such as MT4 | Limited social trading options |
CPT Markets offers a range of financial instruments across different markets, including forex, indices, commodities, and cryptocurrencies. The broker's asset selection is designed to provide traders with diversified trading opportunities and a chance to profit from market volatility. 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, CPT Markets has a range of assets to suit different trading styles and strategies. In this way, traders have access to a broad range of markets to trade, making it easier to find potential opportunities in various markets.
Pros | Cons |
Diverse range of assets including forex, commodities, indices, and cryptocurrencies | Limited selection of stocks compared to some other brokers |
Competitive spreads and low commissions | No option to trade futures |
No option to trade options | |
Limited information about some of the available assets | |
No access to bonds or other fixed-income assets |
CPT Markets (Belize) offers three types of trading accounts: Standard, Platinum, and ECN. Each account comes with a minimum deposit requirement of $500.
The Standard account is designed for beginner traders who want to start trading with a small investment. This account offers fixed spreads and allows trading in all available instruments. It also comes with the option to use a swap-free account for those who want to trade according to Shariah law.
The Platinum account is aimed at more experienced traders who require access to a wider range of trading tools and services. This account offers variable spreads and allows trading in all available instruments. It also comes with a personal account manager, free VPS hosting, and priority withdrawal processing.
The ECN account is designed for advanced traders who require faster execution speeds and the ability to trade with no dealing desk intervention. This account offers raw spreads, which means that traders can access the tightest spreads available in the market. It also allows trading in all available instruments and comes with the option to use a swap-free account for those who want to trade according to Shariah law. Additionally, the ECN account offers free VPS hosting and priority withdrawal processing.
Pros | Cons |
Multiple account types to choose from | High minimum deposit requirement of $500 |
Competitive spreads on all account types | No 24/7 customer support |
Access to various trading instruments | No bonuses or promotions offered |
Advanced trading platforms offered | |
Negative balance protection | |
Demo Accounts Available |
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.
To initiate the account opening process with CPT Markets, interested individuals may visit the broker's official website and click on the “Open Account” button.
This will redirect them to the account registration page where they will be required to fill out the necessary personal and contact information, as well as financial details and other relevant documents.
After completing the online registration form, the account will then be subject to review and approval by CPT Markets. Once the account has been verified and activated, clients may then proceed to fund their trading account with the required minimum deposit and start trading various financial instruments offered by the broker.
CPT Markets (Belize) offers a maximum leverage of up to 1:1000, which is considered to be high. However, it's worth noting that the actual leverage offered to traders may vary depending on their account equity.
For example, traders with a lower account balance may have a lower leverage ratio, while those with a higher account balance may be able to access higher leverage ratios. This is because higher leverage ratios can increase the risk of losses, and brokers must take steps to ensure that traders have enough margin to cover potential losses.
You can request a change to the leverage of your trading account by logging into the CPT Markets Client Portal, clicking on “Accounts” section, selecting the relevant account number, and clicking on the “double arrow - leverage change” icon, selecting the suitable leverage from the options.
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.
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.
Below is a table comparing the spreads of CPT Markets on EUR/USD, Crude Oil, and Gold with those of FP Markets and AvaTrade:
Broker | EUR/USD Spread | Crude Oil Spread | Gold Spread |
CPT Markets | 0.3 pips | 3.5 cents | 20 cents |
FP Markets | 0.1 pips | 3 cents | 25 cents |
AvaTrade | 0.9 pips | 3 cents | 35 cents |
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).
CPT Markets gives its clients access to two excellent choices of trading platforms, the advanced MT4 and MT5. 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.
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.
Broker | Platform | Desktop | Web | Mobile | Automated Trading |
CPT Markets | MetaTrader 4 | ✔ | ✔ | ✔ | ✔ |
MetaTrader 5 | ✔ | ✔ | ✔ | ✔ | |
cTrader | ❌ | ❌ | ❌ | ❌ | |
FXCM | Trading Station | ✔ | ✔ | ✔ | ✔ |
MetaTrader 4 | ✔ | ✔ | ✔ | ✔ | |
NinjaTrader | ✔ | ❌ | ✔ | ✔ | |
FP Markets | MetaTrader 4 | ✔ | ✔ | ✔ | ✔ |
MetaTrader 5 | ✔ | ✔ | ✔ | ✔ | |
WebTrader | ❌ | ✔ | ✔ | ✔ | |
IRESS | ✔ | ❌ | ✔ | ✔ |
CPT Markets offers a variety of deposit and withdrawal methods for its clients, including bank wire transfer, credit/debit card, and 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.
Pros | Cons |
Multiple deposit and withdrawal options | Some methods may incur fees or minimum transaction amounts |
No deposit or withdrawal fees for most methods | Withdrawals can take up to 3 business days to process |
Option to use local bank transfer in some regions | Limited availability of some methods in certain regions |
Withdrawal options are more limited than deposit options | |
Currency conversion fees may apply for some methods |
CPT Markets has set the minimum deposit amount at $500, which is relatively higher than the industry average. This may be a consideration for some traders who are just starting out or have limited funds available for trading.
Below is a table comparing the minimum deposit requirements of CPT Markets, IC Markets, and FP Markets:
Broker | Minimum Deposit |
CPT Markets | $500 |
IC Markets | $200 |
FP Markets | $100 |
CPT Markets offers customer support to clients via various channels. 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. The broker also provides a comprehensive FAQ section on its website that covers a wide range of topics related to trading and account management.
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.
CPT Markets offers a variety of educational resources to help traders improve their skills and knowledge of the financial markets. These resources include:
Webinars: CPT Markets offers regular webinars covering a range of topics, from trading strategies and market analysis to risk management and trading psychology.
Video Tutorials: CPT Markets provides a range of video tutorials covering different aspects of trading, including technical analysis, fundamental analysis, and trading psychology.
eBooks: CPT Markets offers a range of eBooks covering various topics related to trading, including forex trading, stock trading, and commodity trading.
Economic Calendar: CPT Markets provides an economic calendar that displays upcoming economic events and their potential impact on the financial markets.
Market Analysis: CPT Markets provides daily market analysis, including technical analysis, fundamental analysis, and market news.
Trading Tools: CPT Markets offers a range of trading tools, including trading calculators, economic indicators, and a margin calculator.
CPT Markets is a regulated broker that offers a range of trading instruments on multiple trading platforms. The broker's competitive spreads and flexible leverage options make it an attractive option for traders. Additionally, CPT Markets provides a wide range of educational resources, including webinars, trading courses, and market analysis, to help traders improve their skills and make informed trading decisions.
However, CPT Markets does have some drawbacks. The minimum deposit requirement of $500 is higher than industry standards, and the broker charges higher than average non-trading fees. Customer support options are limited, with no phone support available. Finally, while the broker offers a variety of deposit and withdrawal options, some users have reported slow processing times for withdrawals.
Overall, CPT Markets may be a suitable choice for experienced traders who value competitive pricing and a variety of educational resources. However, potential users should weigh the pros and cons carefully and conduct their own research before opening an account with the broker.
Q: Is CPT Markets regulated?
A: Yes, CPT Markets is regulated by the Financial Conduct Authority (FCA) in the UK and the International Financial Services Commission (IFSC) in Belize.
Q: What is the minimum deposit requirement for CPT Markets?
A: The minimum deposit requirement for CPT Markets is $500.
Q: What trading platforms are available with CPT Markets?
A: CPT Markets offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the CPT Markets Mobile App.
Q: Does CPT Markets offer a demo account?
A: Yes, CPT Markets offers a demo account that is valid for 90 days. Multiple demo accounts can be opened.
Q: What is the maximum leverage offered by CPT Markets?
A: CPT Markets offers leverage up to 1:1000, but the actual leverage offered varies depending on the account equity.
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 fxpro and cpt-markets are, we first considered common fees for standard accounts. On fxpro, the average spread for the EUR/USD currency pair is -- pips, while on cpt-markets the spread is From 0.9.
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.
fxpro is regulated by CYSEC,FCA. cpt-markets is regulated by FCA,FSC,FSCA.
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.
fxpro provides trading platform including -- and trading variety including --. cpt-markets provides trading platform including STANDARD ACCOUNTS and trading variety including --.