Pros & cons of CPT Markets broker

CPT Markets Fact sheet

CPT Markets operates on several continents under three regulatory licenses:

• Financial Conduct Authority (FCA), UK
• International Financial Services Commission (IFSC), Belize
• Financial Sector Conduct Authority (FSCA), South Africa

The UK’s FCA is among the most strict regulators on the planet, and brokers operating under its license can generally be seen as trustworthy as they work under tight regulatory scrutiny. 

CPT Markets is part of an investor compensation fund and holds client funds in segregated accounts. 

There is only one account type available, called the Standard account, which offers average trading terms. With minimum spreads starting from 1.8 pips on major pairs, CPT Markets is not a cheap broker. It should be sufficient for day trading, but with so many brokers offering low spreads and commissions, the reasons why traders could be attracted to CPT Markets are not many. The minimum deposit is $500 and leverage can be acquired going up to 1:1000, which is quite high for such a well-regulated firm. The minimum lot size allowed is 0.01 lots, enabling traders to trade with micro account-like conditions.

Comparing CPT Markets fees with other brokers

CPT Markets fees compared to Interactive Brokers fees

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

CPT Markets fees compared to CM Trading fees

CPT Markets fees compared to plus500 fees

CPT Markets fees compared to XM fees

CPT Markets fees compared to AvaTrade fees

CPT Markets fees compared to Capital.com fees

The MetaTrader 4 (MT4) trading platform is offered by CPT Markets and is among the most popular and robust trading platforms out there today, as it offers multiple advanced features. Inbuilt technical indicators and chart analyzing tools coupled with the ability to fully automate the trading process through Expert Advisors (EAs), make MT4 a great platform to use. Hedging is also allowed with this broker when using the MT4 platform. 

Mobile trading is also available through the MT4 app.

A video center, knowledge base, and webinars are the three main educational material types available on CPT Market's website. Beginners can learn about financial markets and acquire basic trading skills using these educational materials. There is also daily analysis to help give some insights into ongoing market conditions. 

There is no live chat with which to contact the broker’s representatives through their website, which is always a downside. But it is possible to download Cloud Chat for all devices and contact the broker through this specialized app. This is a bit inconvenient and time-consuming though. The best alternative would be to use a 24/5 phone line and there is also email support. Although the website is multilingual, there are only two languages available, which is not a lot when compared to other brokers. 

CPT Markets is a multi-asset brokerage firm that offers access to global derivatives markets. The broker has two main products, namely custody and execution services in listed equities, futures, options, Forex, and CFDs. The broker has three regulatory licenses and is part of an investor compensation fund, which ensures safety and security for clients. However, CPT Markets offers only one account type with hefty trading terms, which may not be attractive for traders seeking low spreads and commissions. The minimum deposit is $500, which is also quite high, and leverage can be acquired for up to 1:1000. CPT Markets charges no fees on deposits, withdrawals, or inactivity. The broker offers the MetaTrader 4 (MT4) trading platform, which is among the most popular and robust trading platforms on the market. The education and research tools offered by CPT Markets are moderate but include videos, articles, and webinars. There is no direct live chat available, but they do offer an exclusive app that can be downloaded for contacting customer support, which is inconvenient.