CBD Markets

General Information & Regulation

CBD Markets, a trading name of CBD Markets PTE. LTD., is allegedly a forex and CFD broker registered in the United Kingdom that claims to provide its clients with 10,000+ trading products with flexible leverage up to 500:1 and raw spreads from 0.0 pips on the MT5 trading platforms via three different live account types. Here is the home page of this brokers official site:

As for regulation, it has been verified that CBD Markets holds an unauthorized National Futures Association (NFA) license. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.49/10. Please be aware of the risk.

Market Instruments

CBD Markets advertises that it offers access to 10,000+ trading products, covering Forex, Commodities, Indices, Spot Metals, Share CFDs, Energies and Crypto CFDs.

Account Types

Apart from demo accounts, CBD Markets claims to offer three types of real trading accounts - Standard, Pro and Alpha, with minimum initial deposit requirements of $200, $1,000 and $10,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Leverage

The specified leverage for different account types at CBD Markets varies between 100:1 and 500:1. 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 & Commissions

All spreads with CBD Markets are a floating type and scaled with the accounts offered. Specifically, the spread on the Standard account is variable from 1 pip, while the Pro and Alpha account members can enjoy raw spreads from 0.0 pips. As for the commission, there is no commission charged on the Standard account, while the Pro and Alpha accounts will be charged a commission of $/S$/NZ$/C$3.5 or €/£3 and $/S$/NZ$/C$3.0 or €/£2.5 per lot per side respectively.

Trading Platform Available

The platform available for trading at CBD Markets is one of the most notable and preferred trading platforms the market offers - MetaTrader5 for PC, iOS and Android devices. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Deposit & Withdrawal

CBD Markets claims to accept deposits and withdrawals via credit cards, e-payments, international bank wire transfers and local bank transfers. The minimum initial deposit requirement is said to be $200 or equivalent value in other currencies, and the minimum withdrawal amount is $100 or equivalent value in other currencies. There are no deposit and withdrawal fees charged.

As for the processing time of deposits and withdrawals, deposits via credit cards and e-payments are instant, international bank wire transfer deposits take up to 2-3 days and local bank transfers require 1-2 days; while local bank transfer withdrawals take up to 1-2 business days, and other withdrawals are said to be processed in 24 hours and reach your account 3-5 business days.

Customer Support

CBD Markets customer support can be reached by telephone: +4420 3575 1266, email: support@cbdmarkets.net. Company address: Suite 415, 162 Warwick Way, London, England, SW1V 4JE.

Pros & Cons

Risk Warning

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.