Celtic Markets

Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

What is Celtic Markets？

Celtic Markets is a brokerage firm registered in St. Vincent and the Grenadines while has a physical office in Vietnam. It provides clients with access to various financial instruments such as Currencies, Cryptos and Stocks. Notably, Celtic Markets lacks regulatory oversight from established financial authorities at present.

In the following article, we will analyse the characteristics of this company in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.

Pros & Cons

Pros:

Celtic Markets boasts a diverse range of trading instruments including currencies, stocks and cryptos, catering to various investment preferences. With low starting spreads from 0.01 pips, traders can access competitive pricing. The advanced MT5 trading platform offers sophisticated tools for analysis and execution. Additionally, the absence of deposit fees and the availability of a demo account enhance accessibility for traders.

Cons:

However, Celtic Markets operates without regulatory oversight, raising concerns about investor protection. Furthermore, limited information on commissions and payment methods can pose challenges for traders seeking transparency and clarity in their transactions.

Is Celtic Markets Legit？

When considering the safety of a brokerage like Celtic Markets or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:

• Regulatory sight: The absence of valid regulations under which the broker operates signifies potential risks, as it lacks the guarantee of comprehensive protection for traders engaging on its platform.

• User feedback: To get a deeper understanding of the brokerage, it is suggested that traders explore reviews and feedback from existing clients. These shared insights and experiences from users can be accessed on reputable websites and discussion platforms.

• Security measures: Celtic Markets implements strict AML and KYC policies to ensure robust security. Clients must verify their identity through comprehensive KYC procedures, including providing ID and proof of address. These measures help prevent fraud, money laundering, and other illicit activities, maintaining a secure trading environment for all users.

Ultimately, the choice to trade with Celtic Markets is a personal decision. It is important to thoroughly assess the risks and benefits before arriving at a conclusion.

Market Instruments

Celtic Markets offers a diverse range of market instruments designed to cater to various trading preferences and strategies.

With a selection of 55 currency pairs, traders can engage in the dynamic forex market, benefiting from the liquidity and volatility of major, minor, and exotic currencies.

The platform also supports trading in 38 cryptocurrencies, providing access to popular digital assets such as Bitcoin, Ethereum, and Litecoin, as well as a variety of altcoins. This allows traders to capitalize on the growing interest and market movements within the cryptocurrency space.

Additionally, Celtic Markets features 73 stocks, enabling users to invest in and trade shares of prominent companies across different industries.

Accounts

Celtic Markets provides traders with two primary types of accounts: demo and live accounts.

The demo account is an excellent tool for beginners to familiarize themselves with the platform and practice trading without any financial risk. It allows users to simulate real market conditions using virtual funds, helping them build confidence and develop trading strategies.

The live account, on the other hand, is intended for actual trading with real capital. While Celtic Markets has yet to disclose the minimum deposit required for opening a live account, it promises a seamless transition from demo to live trading.

How to Open an Account？

To open an account with Celtic Markets, you have to follow below steps:

• Visit the Celtic Markets website, locate and click on the 'Register button on the right corner of the mainpage.

• Fill in the necessary personal details required and choose an account type.

• Complete any verification process for security purposes.

• Once your account has been approved, you can set up your investment preferences and start trading.

Leverage

Celtic Markets provides traders with a high leverage option, offering up to 1:1000 leverage. This high leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing their returns.

However, it also comes with higher risk, as both profits and losses can be magnified. Such leverage levels are suitable for experienced traders who understand the risks involved and can manage their trades effectively to avoid substantial losses.

Spread & Commission

Celtic Markets offers competitive trading conditions with spreads starting from as low as 0.01 pips. This low spread can be particularly beneficial for scalpers and traders who rely on tight spreads to maximize their profits.

While specific commission details are not mentioned, the broker does highlight that they do not charge any deposit fees, making it more cost-effective for traders to fund their accounts.

Trading Platform

Celtic Markets offers the MetaTrader 5 (MT5) platform, a robust and multi-asset trading solution renowned for its diverse functionality. Traders can stream live prices and place orders directly within MT5, benefiting from advanced analysis tools, copy trading, and automated trading features.

This platform is designed to cater to both novice and experienced traders, providing a comprehensive suite of tools for efficient and informed trading decisions. Whether engaging in forex, cryptocurrencies, or stocks, MT5 ensures a seamless and powerful trading experience.

Customer Service

Celtic Markets offers multiple customer service channels, including phone, email, physical address, a contact us form on their website and an Instagram official account. These avenues ensure that clients can reach out for assistance or inquiries conveniently, enhancing accessibility and support for traders navigating the platform.

Tel:+84 (284) 458 1283.

Email: info@Celticmarkets.com.

Registered Office: Suite 305, Griffith Corporate Centre, Beachmont Kingstown, St. Vincent and the Grenadines.

Physical Office: 36 Street 12C, Phong Phu Ward, Binh Chanh District, Ho Chi Minh City, Vietnam.

Instagram: @celticmarkets.

Conclusion

Celtic Markets, a brokerage firm registered in St. Vincent and the Grenadines while has a physical office in Vietnam, offers Currencies, Cryptos, Stocks as market instruments to its clients. However, the current lack of regulation from recognized authorities should prompt concerns for investors. Regulation typically ensures financial oversight, protecting clients from possible malpractices.

Therefore, individuals considering Celtic Markets as their broker should be cautious, do their own research and explore alternative, regulated brokers that prioritize transparency, security, and client protection.

Frequently Asked Questions (FAQs)

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 provided in this review may be subject to change due to the constant updating of the company's services and policies.