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CP Markets -

Score

1.41 /10
Danger

CP Markets

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://cp-markets.com/index.php

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Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.20

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Champion Markets

Company Abbreviation

CP Markets

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

CP Markets

Canada

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
CP Markets · Company summary

Note: CP Markets's official website - https://cp-markets.com/ is currently inaccessible normally.

CP Markets Review Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market Instruments500+, Forex, Commodities, Shares, Futures and Indices
Demo Account❌
Leverage1:100
EUR/USD Spread0.6 pips (Standard account)
Trading PlatformMT5
Min Deposit$50
Customer SupportContact 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.

CP Markets' homepage

Pros and Cons

Pros Cons
Diverse tradable assetsUnavailable website
Multiple account typesNo regulation
Commission-free accounts offeredNo demo accounts
Micro accountUnknown payment methods
MT5 trading platformOnly 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 TypeMin Deposit
Micro$50
Standard$500
PRO$1,000
VIP$30,000
Account comparison

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 TypeSpreadCommission
Micro1.2 pips❌
Standard0.6 pips❌
PRO0 pips$3.5 per lot per side
VIP0 pipsEarn rebates of up to 21% of commissions

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Web and MobileExperienced traders
MT4❌/Beginners
MT5

News

NewsWikiFX Broker Assessment Series | Reviews CP Markets in Depth

In this article, we'll look in-depth at CP Markets, examining its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service.

WikiFX
2023-10-27 17:29
WikiFX Broker Assessment Series | Reviews CP Markets in Depth
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User Reviews

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User comment

10

Comments

Write a review

Sarre
more than one year
Leverage levels are generous, but managing risk becomes more challenging at higher levels. Need to be disciplined.
Leverage levels are generous, but managing risk becomes more challenging at higher levels. Need to be disciplined.
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2024-08-06 19:03
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EXOKAY
more than one year
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.
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.
Translate to English
2024-06-21 11:24
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