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    Cooper Markets

    Scam Brokers
    |
    2-5 years
    |
    Regulated in United States
    |
    Suspicious Regulatory License

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    License Index

    0.00

    Business Index

    5.88

    Risk Management Index

    0.00

    Software Index

    6.91

    Regulatory Index

    0.00

    Licenses

    National Futures Association

    Common Financial Service License

    NFA Unauthorized

    Overview

    • Company Name:

      Cooper Markets
    • Company Abbreviation:

      Cooper Markets
    • Place of registration:

      Cooper MarketsSaint Vincent and the Grenadines
    • Regulatory Status:

      Scam Brokers
    • Customer Service Email Address:

      info@coopermarkets.com
    • Customer Service Phone Number:

      + 603 - 2110 1804
    • Company summary

      BasicInformation&RegulationofCooperMarketsCooperMarketsisaForexandCFDbrokerandcurrentlyholdsageneralfinanciallicensefromtheNationalFuturesAssociation(licensenumber:0523055).MarketInstrumentsInvestorscantradepopularcurrencypairsintheForexmarket,metals(silver&gold),energy,commodities,andCFDproductswithCooperMarkets.Accounts&LeverageofCooperMarketsCooperMarketsoffersinvestorsfourdifferenttypesoftradingaccounts:Standard($100initialdeposit),ECN($3,000initialdeposit),Premium($100initialdeposit),andSwap-free($500initialdeposit).Themaximumtradingleveragefortheotherthreeaccountsis1:500.Spreads&CommissionsSpreadsstartat1.6pipsforStandardaccounts,0.8pipsforECNaccounts,2.2pipsforPremiumaccounts,and1.6pipsforSWAP-freeaccounts.Objectivelyspeaking,thespreadsofferedbyCooperMarketsareabovetheindustrystandard.TradingPlatformsAvailableofCooperMarketsCooperMarketsofferstradersthemarket-leadingandwidelyacclaimedMT4tradingplatform,aswellasMT4Android,MT4Desktop,andMT4iPhone.MT4haspowerfulchartingtoolsandalargenumberofcustomtechnicalindicators,supportsEAandautomatedtrading,andhelpstradersofalllevelstodevelopdifferently.Ithelpstradersofalllevelstodevelopdifferenttradingstrategiestogetaheadinthefinancialmarkets.DepositandwithdrawalofCooperMarketsCooperMarketssupportstraderstodepositandwithdrawfundsfromtheirinvestmentaccountsthroughavarietyofpaymentmethods,suchasthepopulare-walletpaymentsSkrill,Neteller,PerfectMoney,FasapayaswellassomelocalbanksinMalaysia,ThailandandIndonesia. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    Warning: This platform is a Ponzi Scheme. Please stay away!

    Previous Detection: 2021.09.22 Risk: 5 Item

    • This broker bas been verified to be illegal and all of its licences have been expired, and it has been listed in WikiFX's Scam Brokers list; please be aware of the risk!
    • The platform is a Ponzi Scheme, which refers to the use of "principle of value multiplication". In the form of rolling or static fund circulation, it uses the money of next member to pay to the present one, which is essentially a pyramid scheme with the distinction of hidden, deceptive and socially harmful. By calling common person's desire for money, fraudsters in the platform begin raising funds underground. Since this kind of platform mostly will abscond after 1 or 2 years, the fund-raising mode just can exist less than 3 years.
    • The number of the complaints received by WikiFX have reached 68 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • United StatesNFA (license number: 0523055) The regulatory status is abnormal, the official regulatory status is Unauthorized, please be aware of the risk!
    • This broker exceeds the business scope regulated by United States NFA(license number: 0523055)National Futures Association-UNFX Non-Forex License, please be aware of the risk!

    WikiFX Verification

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    WikiResearch

    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-09
    National Futures Association

    National Futures Association (NFA)

    National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

    • Licensed Institution :

      CP MARKETS LIMITED

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      SUITE 305, GRIFFITH BUSINESS CENTRE, P.O BOX 1510, KINGSTOWN KINGSTOWN, P.O BOX 1510 VC

      Phone Number of Licensed Institution :

      442031296953
    • Licensed Institution Certified Documents :

      CP MARKETS-NFA牌照200406 View Certified Documents CP Markets NFA监管截图 View Certified Documents CP Markets NFA牌照191127.png View Certified Documents

    Cooper Markets · MT4/5

    Identification Result

      Cooper Markets · Website

      Most visited countries/areas

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          Cooper Markets· Genealogy

          Cooper Markets · Clones

          Cooper Markets · Market Analysis

          The data are from WIKI Research    2021.09.22 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          Continue
          Cooper Markets · Survey×

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          Cooper Markets

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          Cooper Markets · Chart
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          Data Sources WikiResearch 2021.09.22 Update

          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          Cooper Markets
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          Cooper Markets · Company summary

            Basic Information & Regulation of Cooper Markets

            Cooper Markets is a Forex and CFD broker and currently holds a general financial license from the National Futures Association (license number: 0523055).

            Market Instruments

            Investors can trade popular currency pairs in the Forex market, metals (silver & gold), energy, commodities, and CFD products with Cooper Markets.

            Accounts & Leverage of Cooper Markets

            Cooper Markets offers investors four different types of trading accounts: Standard ($100 initial deposit), ECN ($3,000 initial deposit), Premium ($100 initial deposit), and Swap-free ($500 initial deposit). The maximum trading leverage for the other three accounts is 1:500.

            Spreads & Commissions

            Spreads start at 1.6 pips for Standard accounts, 0.8 pips for ECN accounts, 2.2 pips for Premium accounts, and 1.6 pips for SWAP-free accounts. Objectively speaking, the spreads offered by Cooper Markets are above the industry standard.

            Trading Platforms Available of Cooper Markets

            Cooper Markets offers traders the market-leading and widely acclaimed MT4 trading platform, as well as MT4 Android, MT4 Desktop, and MT4 iPhone. MT4 has powerful charting tools and a large number of custom technical indicators, supports EA and automated trading, and helps traders of all levels to develop differently. It helps traders of all levels to develop different trading strategies to get ahead in the financial markets.

            Deposit and withdrawal of Cooper Markets

            Cooper Markets supports traders to deposit and withdraw funds from their investment accounts through a variety of payment methods, such as the popular e-wallet payments Skrill, Neteller, Perfect Money, Fasapay as well as some local banks in Malaysia, Thailand and Indonesia.


          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.