CPT Markets UK Review
Leverage: 1:30 | 1:500
Regulation: FCA, FSCA, FSC
Min. Deposit: $100
Platforms: MT4, MT5
Found in: 2008
Leverage: 1:30 | 1:500
Regulation: FCA, FSCA, FSC
Min. Deposit: $100
Platforms: MT4, MT5
Found in: 2008
CPT Markets UK is a UK-based Forex and CFD trading firm that offers a range of financial derivatives including Equities, Futures, Options, Forex, and CFDs to both individual and institutional traders.
Based on our research, the company is authorized and regulated by the Financial Conduct Authority (FCA) in the UK and also carries licenses from the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in Belize.
As we found, with 15 years of experience in the industry, CPT Markets UK provides customized solutions for retail traders as well as specialized conditions for institutional traders, focusing on reliability and delivering high-performance services.
After conducting an analysis, we have identified both pros and cons to consider when selecting CPT Markets UK as your broker. On the positive side, the broker offers Straight Through Processing (STP) execution and a fee structure based on spreads, which can be beneficial for traders. It also provides a wide range of trading instruments and popular MT4 and MT5 trading platforms.
For the cons, the trading conditions may vary depending on the specific entity you are dealing with, which could potentially affect your trading experience. Additionally, customer support is not available 24/7, which may be inconvenient for some traders. Moreover, the availability of educational materials may be limited depending on the entity you and the country you are registered in.
|FCA regulation and oversee||No 24/7 customer support|
|Competitive spreads||Limited educational materials|
|MetaTrader trading platforms||Trading conditions might vary based on the entity|
|Available for UK, South African, and international traders|
|🗺️ Regulation and License||FCA, FSCA, FSC|
|📉 Instruments||Forex, CFDs, Futures, Options, Equities, Commodities, Indices, Stocks, Crypto CFDs|
|🖥 Platforms||MT4, MT5|
|💰 EUR/USD Spread||1.8 pips|
|🎮 Demo Account||Provided|
|💰 Base currencies||EUR, GBP, USD|
|💳 Minimum deposit||$100|
|📚 Education||Research tools, analysis|
|☎ Customer Support||24/5|
Per our findings, we have a positive ranking for the broker due to its regulation, wide range of trading products, secure trading platforms, and competitive pricing for trading services.
|Ranking||CPT Markets UK||Varianse||Blackwell|
|Advantages||Trading Conditions||Spreads||Financial Products|
Although the broker offers competitive pricing and trading conditions, it faces competition from other brokers in the market that provide similar or even better services based on personal preference. Therefore, we have compiled a list of the broker’s main competitors that you may want to take into account:
No, CPT Markets UK is not a scam. The company is regulated by the top-tier authority FCA and delivers strictly legal financial services.
Yes, CPT Markets UK is a legit and regulated broker.
Compliance with the regulatory requirements set by FCA enhances the safety and confidence of traders who choose to trade with CPT Markets UK.
See our conclusion on CPT Markets UK Reliability:
|CPT Markets UK Strong Points||CPT Markets UK Weak Points|
|Negative balance protection|
CPT Markets’ each customer is covered by the Financial Services Compensation Scheme (FSCS) that guarantees clients’ funds up to 50,000 GBP in the unlikely event. Also, funds are always kept separately from the company’s actives, which means cannot be used for operational purposes, making money management a transparent system. Moreover, along with money protection, the broker applies negative balance protection that ensures the clients’ safety not exceeding losses more than the available balance.
Leverage is a valuable tool that allows traders to enter the market with limited capital. However, you should understand that it can result in substantial gains or losses. Therefore, have a comprehensive understanding of how it operates and its potential consequences before engaging in any trading activities that involve leverage.
CPT Markets leverage is offered according to FCA, FSCA, and FSC regulations:
According to our findings, the UK entity’s traders have the option to select between Individual and Corporate account types. However, you should verify the specific entity of CPT Markets that you are trading under, as different jurisdictions can have varying obligations and potentially provide slightly different trading conditions.
Additionally, new traders can choose a Demo account for free, allowing them to practice trading and make trial trades to test the strategies.
|Fast account opening||Account conditions may vary according to regulation|
|Various account base currencies|
Opening an account with a broker is quite easy. You can open an account within minutes. Follow the opening account or sign-in page and proceed with the guided steps:
Per our research, the broker provides a diverse selection of financial products including 100 Forex pairs, CFDs, Indices, Stocks, Commodities, Equities, Futures, and Options. However, the availability of trading instruments might vary depending on the entity, so it is recommended to thoroughly research the range of available options.
The fees and pricing of the broker as we found are mainly built into a spread with no commission. There is no imposition of any hidden fees, no charges for opening, closing, or inactivity of accounts, as well as deposit and withdrawal fees. However, you should consider an overnight policy that applies in case the trading order is held for longer than a day. In this case, a rollover fee, swap, or overnight fee will apply to the position.
|Fees||CPT Markets UK Fees||Varianse Fees||Blackwell Global Fees|
Based on our test trade, the broker provides competitive floating spreads with an average spread of 1.8 pips for the widely-traded EUR/USD currency pair in the Forex market. Additionally, the broker provides competitive spreads for all major currency pairs and other popular trading instruments too. However, the trading conditions might differ depending on the entity, so do your research to understand the specific spread conditions that are in place.
|Asset/ Pair||CPT Markets UK Spread||Varianse Spread||Blackwell Global Spread|
|EUR USD Spread||1.8 pips||1 pips||2 pips|
|Crude Oil WTI Spread||5||0.05||5|
CPT Markets UK and its global entities, as a majority of brokers offer the most common payment methods and support funding and withdrawals through card payments, wire bank transfers, and e-wallets like Skrill, and Neteller.
Here are some good and negative points for CPT Markets UK funding methods found:
|CPT Markets UK Advantage||CPT Markets UK Disadvantage|
|Fast digital deposits||Fees and conditions may vary according to entity rules|
|Popular funding methods|
|Multiple account base currencies|
To open a live trading account with the broker, you need to deposit $100 as an initial deposit amount for a Standard account, which is considered a good offering overall.
CPT Markets UK minimum deposit vs other brokers
|CPT Markets UK||Most Other Brokers|
The commission and transaction fees for withdrawals, involving card deposits and transfers do not incur any charges from the company for both deposits and withdrawals. Yet, you should always check with your payment provider in case any fees are waived from your side.
In terms of trading software, CPT Markets offers a market-leading and industry-known platform MetaTrader 4 for UK entity traders. The platform features the most important trading needs, without making confusion about 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.
For traders associated with international entities, CPT Markets also provides the option to trade using MetaTrader 5.
|Platforms||CPT Markets UK Platforms||Varianse Platforms||Blackwell Platforms|
The broker offers a range of trading tools that include advanced charting features, an economic calendar, technical indicators, analytical charting tools, time frames, and more. Additionally, the trading platforms facilitate automated trading using Expert Advisors (EAs) and algorithmic trading.
Broker’s customer support is available 24/5 through Email and Phone. We found that CPT Markets has a team of experienced trading specialists who are available to help clients with various issues. These include technical problems, market analysis advice, general inquiries, and operational concerns.
See our find and ranking on Customer Service Quality:
|Phone lines and email||No 24/7 customer support and live chat|
|Quick response and relevant answers|
Lastly, we noticed that the broker does not have a dedicated education section on its UK entity website. This lack of educational support can be seen as a drawback since comprehensive resources are crucial for the development and enhancement of traders’ skills. While CPT Markets’ international website provides an Economic calendar, market news, and financial articles, these resources may not be sufficient for individuals seeking a more extensive educational experience.
However, the broker offers a demo account option, which allows traders to practice their trading strategies without risking real money.
In conclusion, CPT Markets UK is a well-regarded Forex trading broker that caters to the needs of both retail and institutional traders. The presence of widely-used trading platforms like MT4 and MT5 guarantees a trading experience that is both comprehensive and packed with advanced features. Moreover, the broker is regulated by the reputable FCA, providing traders with a sense of security and trust.
The STP execution model offered by CPT Markets allows for diverse investment opportunities, accommodating traders of varying expertise and trading styles. However, the broker’s website lacks comprehensive educational materials, which may be a disadvantage for those seeking educational resources. Additionally, the absence of 24/7 customer support is a limitation that traders should consider.
While the broker offers secure and competitive trading conditions, it is recommended to conduct thorough research to ensure it aligns with your specific trading needs. You should evaluate the broker’s regulations, fees, spreads, and customer reviews before making a decision.
Based on Our findings and Financial Expert Opinions CPT Markets UK is Good for:
No news available.