Do you want to know which is the better broker between plus500 and cpt-markets?
In the following table, you can compare the functions between plus500, cpt-markets, and side by side to determine the most suitable for your trading needs.
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 plus500, cpt-markets, and 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:
General Information & Regulation
CPT Markets is the trading name used by CPT Markets Limited, which is located in Belize and is regulated by the Belize International Financial Services Commission under license number: No. IFSC000314/126 with its registered address at 2118 Guava Street, Belama Phase 1, P.O. Box 1920, Belize City. CPT Markets UK is the trading name used by CPT Markets UK Limited, the company registered address is located in Wales, England, authorized and managed by the Financial Conduct Authority (FCA) under the registration number 6707165, NO.606110. CPT Markets UK Limited is an affiliated company of CPT Markets Limited. CPT Markets is an online forex and CFD brokers offering a range of financial instruments through popular MT4 trading platform.
Tradable financial instruments available on the CPT Markets include forex currency pairs, indices, precious metals (silver & gold), crude oil, CFDs, digital currencies.
CPT Markets Minimum Deposit
To meet the different needs of customers, CPT Markets give its clients a choice of two accounts: the Standard accounts and the ECN account. Both accounts requirs an initial minimum deposit of US$500, much higher than most brokers' initial minimum deposit requirments.
Leverage of CPT Markets
When it comes to leverage, CPT claims that it applies a flexible leverage mechnism, please see follow chart for more detaild information.
Spreads & Commissions
CPT Markets comes with a floating spread. The main spreads for EUR/USD 1.9 pips, GBP/USD 2.3 pips, AUD/USD 2.0 pips, USD/JPY 2.2 pips, XAUUSD 3.2 pips, XAGUSD 1.9 pips, Crude Oil 3.5 pips.
MT4 is the most mature and widely used online trading platform in the forex industry today, helping investors view the forex market in real-time, conducting simulations and real tradings. The perfect combination of PC and mobile terminals provides traders with a flexible trading interface that can be operated wherever they are, comprehensive and reliable charts, and data analysis function. It can also collect global current affairs news in time, providing multilingual customer trading experience, 5*24 hours professional customer service; online real-time monitoring and management, regardless of customer experience, can obtain fast and efficient transaction information through the MT4 platform.
Deposit & Withdrawal
CPT Markets has provided traders with multiple ways to deposit and withdraw funds over these years, making the trading process more efficient and convenient. Users can freely choose transaction payment methods according to their needs. The currently supported deposit methods are UnionPay (the deposit limit is $25,000, and it will be credited immediately;), USDT (no limit, subject to the actual time of bank arrival), wire transfer (2-3 days to arrive, no deposit limit), SSAC (No limit, subject to the actual arrival time of the bank), Visa/MasterCard credit/debit card (no more than $20,000 within 7 days, instant arrival). The withdrawal methods are UnionPay (withdrawal time is 1-3 working days, with a limit of $25, and the first monthly withdrawal of more than $100 is free of handling fees) and wire transfer (withdrawal limit is $0-$60).
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 plus500 and cpt-markets are, we first considered common fees for standard accounts. On plus500, the average spread for the EUR/USD currency pair is -- pips, while on cpt-markets the spread is From 1.8.
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.
plus500 is regulated by ASIC,CYSEC,FCA,FMA,MAS. cpt-markets is regulated by FCA,FSC.
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.
plus500 provides trading platform including -- and trading variety including --. cpt-markets provides trading platform including STANDARD ACCOUNTS and trading variety including --.