CPT Markets -Some Important Points about This Broker

General Information& Regulation

CPT Markets is a provider of international financial derivatives and related services. It offers CFDs, futures and options trading on the MT4 platform. 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. CPT Markets UK is the trading name used by CPT Markets UK Limited, 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. For business relationship establishment with CPT Markets UK, please go to CPT Markets UK's official website at www.cptmarkets.co.uk.

Instruments

Forex & CFD trading markets include: 100 forex pairs, precious metals, major European and US indices. Futures & options market access include: metals, energies, currencies, agricultures, equity index, fixed income and volatility futures.

Spreads & Commissions

CPT Markets offers variable, floating spreads, starting from 1.8 pips in retail trading accounts. Unfortunately the broker doesnt provide details of average spreads. CPT Markets does not charge any retail trading commissions, however, fees may apply if a client needs a specific setup or customisation. A finance adjustment fee is charged for positions held overnight.

Leverage

Leverage rates are capped at 1:30 for retail forex trading in line with ESMA guidelines. Forex is 1:30, indices 1:20, and commodities 1:20.

Trading Platform

As for the trading software CPT Markets supports a market leading and industry known platform MetaTrader4. Indeed, MT4 does not require an introduction, as together with its comprehensive and professional approach for trading youll get vast possibilities to learn, automate or even copy positions. The platform features the most important trading needs, without making confusion of numerous expensive tools as very known for its customer-friendly design. Also, the MT4 platform is accessible through either PC or Mobile Phone thanks to its Applications suitable for all devices.

Deposits & Withdrawals

The minimum deposit is $100. CPT Markets offers several payment methods for live account deposits: wire bank transfers, card payments, Neteller and Skrill. As for withdrawals, requests are submitted via an online form on the website of CTP Markets and are generally processed within 1 business day with no fees. Withdrawals must be made back to the initial bank account and will be rejected if they bring accounts below margin levels.

Trading Hours

CPT Markets follows standard office and trading hours, however timings do vary by instrument. Forex trading, for example, is available 24/5 on the MetaTrader platform.

Accepted Countries

CPT Markets accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders can not use CPT Markets from the United States.

Pros & Cons

Advantages of trading with CPT Markets include: demo account, weekly express webinars, negative balance protection, FCA regulated and FSCS protection, and industry renowned MT4 trading platform. Drawbacks of trading with CPT Markets include: no live chat customer support, no new client deals or bonuses, and lengthy account opening requirements.