Score
CP Markets
United Kingdom|2-5 years| https://cp-markets.com/index.php
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
United Kingdom
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Website
cp-markets.com
Server Location
United States
Website Domain Name
cp-markets.com
Server IP
104.21.39.72
-
champion-markets.com
Website Domain Name
champion-markets.com
Server IP
104.21.75.238
Company Summary
Note: CP Markets's official website - https://cp-markets.com/ is currently inaccessible normally.
| CP Markets Review Summary | |
| Founded | 2021 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | 500+, Forex, Commodities, Shares, Futures and Indices |
| Demo Account | ❌ |
| Leverage | 1:100 |
| EUR/USD Spread | 0.6 pips (Standard account) |
| Trading Platform | MT5 |
| Min Deposit | $50 |
| Customer Support | Contact form |
| Email: cs@cp-markets.com | |
| Physical address: Unit 1804 South Bank Tower, 55 Upper Ground, London, England, SE1 9EY | |
CP Markets is a Forex and CFD broker registered in 2021 with its headquarters in London. It offers trading services for Forex, Commodities, Shares, Futures and Indices. CP Markets claims to provide access to over 500 assets on the MetaTrader5 platform, along with four account types. However, this broker does not hold a legal regulatory license.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Unavailable website |
| Multiple account types | No regulation |
| Commission-free accounts offered | No demo accounts |
| Micro account | Unknown payment methods |
| MT5 trading platform | Only email support |
| Low minimum deposit |
Is CP Markets Legit?
No, CP Markets is not a legitimate broker as it holds no license from any legal authorities. Furthermore, our investigation has revealed that the company's physical address is fake, and no office was found at that location.
What Can I Trade on CP Markets?
CP Markets claims to offer more than 500 trading instruments across three classes, including 70+ Forex, Commodities (Spot metals), Shares, Futures and Indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Futures | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Micro | $50 |
| Standard | $500 |
| PRO | $1,000 |
| VIP | $30,000 |
Leverage
CP Markets offers leverage up to 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spread and Commission
| Account Type | Spread | Commission |
| Micro | 1.2 pips | ❌ |
| Standard | 0.6 pips | ❌ |
| PRO | 0 pips | $3.5 per lot per side |
| VIP | 0 pips | Earn rebates of up to 21% of commissions |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Web and Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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yang105
Hong Kong
cpMarkets cooperates with Fuchuang. Fuchuang has stopped trading and no withdrawals allowed. Our money is in the cpMarkets MT5 wallet. Now I request cpMarkets to return the principal of the investment.
Exposure
03-20
Kk4554
Macao
Requested to do KYC, it has been almost a month since I submitted the information, no reply, no money withdrawn. What do you mean, what happened? Please give a reasonable process or explanation. Thanks.
Exposure
02-23
Sarre
United States
Leverage levels are generous, but managing risk becomes more challenging at higher levels. Need to be disciplined.
Neutral
08-06
Lorelei St. James
Malaysia
While CP Markets offers a wide array of trading products, and their platform options are impressive, the fact that they are not regulated does raise some potential concerns regarding fund security and transparency. Many traders, especially beginners, prefer to work with regulated brokers for added peace of mind, and unfortunately CP Markets does not offer that assurance.
Neutral
2023-12-07
Jacqueliner
Argentina
As a user of CP Markets, I've been pleased with their diverse trading options and competitive spreads. Moreover, the inclusion of the advanced MetaTrader5 platform, as well as their own desktop and mobile applications, has provided me a seamless trading experience. However, the lack of regulatory oversight is a concern, and for that reason, I urge potential traders to carry out their research before making a commitment.
Neutral
2023-12-06
FX1501890546
Nigeria
Listen up, folks, I've got a bone to pick with CP Markets. First off, their customer support is straight-up MIA. I sent them an email weeks ago, and I still haven't heard back. It's like they don't even care about their customers. And don't even get me started on their leverage. Yeah, it's high and all, but it's a double-edged sword. One wrong move, and you can get wiped out faster than a cheetah chasing its prey. CP Markets needs to step up their game and start prioritizing their customers' needs, or else they're gonna lose us real quick.
Neutral
2023-06-25
EXOKAY
Kazakhstan
Very easy enrolling process. Powerful platform. Low commissions. A lot of added value through the training material. Having Pablo Gil as an analyst is something amazing. Very good customer service.
Positive
06-21
RtyuD
Pakistan
The account manager was very helpful, friendly and patient with me as a beginner. He also offered a lot of material to help me get started, Really appreciate the fantastic customer service.
Positive
05-08
propfirm
Italy
This is the fastest withdrawal trading software I've used in years, and it's convenience has made me fall in love...
Positive
2023-07-24
FX1501701504
Philippines
Hey there, gotta give props to CP Markets for their killer spreads! I've been trading with them for a while now, and those tight spreads have been putting a smile on my face. It's like they're hooking us up with some sweet deals, bro. And let's not forget their trading platforms, they're smooth as butter. Whether I'm on my phone or desktop, the experience is seamless. CP Markets knows how to keep a trader happy, and I'm loving every minute of it!
Positive
2023-06-25