WikiFX Review: Is CJC Markets trustworthy?

What CJC Markets is

Found in 2012, CJC Markets, also called Carrick Just Capital Markets Limited. Based in Auckland, New Zealand, CJC Markets is an online trading broker that allows clients to trade multiple financial assets across different asset classes, such as forex, commodities, metals, and stocks. According to WikiFX, this broker has been given a decent rating of 7.27/10.

(Note: Because different regions or countries have different levels of regulatory strictness, the score of the same broker might be slightly varied in other regions or countries. For details, please consult WikiFX customer service.)

Regulation

According to CJC Markets, CJC Markets Limited is a regulated broker. It is authorized and regulated by the ASIC with license number: 001294124 and license number: 517661.

Market Instruments

CJC Markets provides investors with a wide range of trading assets, mainly popular currency pairs in the foreign exchange market, stock indices, crude oil, precious metals, U.S. stocks, U.K. stocks, European stocks, and Asian stocks.

Account Types & Minimum Deposit

There are three account options listed on CJC Markets platform: Standard, VIP, and ECN. The minimum initial deposit for a standard account is $1000, the minimum initial deposit for an ECN account is $50,000, and the minimum initial deposit for a VIP account is $25,000.

Leverage

In terms of trading leverage, the maximum leverage for the standard account is up to 1:400, up to 1:300 for the VIP account, and up to 1:200 for the ECN account.

Spreads & Commissions

The official website of CJC Markets shows a spread of 2.4 pips for the euro-dollar, 2.6 pips for the dollar-yen, 6.7 pips for the pound-dollar, 5 pips for the S&P 500 (SPX500), 4.3 pips for Tesla stock, 3.1 pips for the gold-dollar, 2.9 pips for the silver-dollar, and 2.6 pips for the crude oil.

Trading Platforms

CJC Markets offers clients MT4 as its main trading platform. The MT4 is currently the most popular forex trading platform along with the MT5 on the market. With a user-friendly interface, powerful charting tools, and a large number of custom indicators, MT4 is available for automated trading and EA trading, helping traders of all levels to develop different trading strategies and help traders to get ahead in the financial markets.

Deposit and withdrawal

CJC Markets only supports traders to deposit and withdraw funds via wire transfer. The popular e-wallet methods like Skrill, BPay, and POLi are missing.

Customer Support

The CJC Markets customer support team can be contacted through telephone, email, social media, or by filling the online contact form provided on the website. Alternatively, traders can visit their physical office in Auckland, New Zealand.

Accepted Regions

CJC Markets does not accept customers who are residents in the US and China (including Hong Kong).

Exposure

As of April 5, 2022, WikiFX didn't receive any complaints yet.

Conclusion

CJC Markets is a regulated broker. Which means your money is secured under its management. We advise you to do more research and make yourself comfortable before making a decision. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link (https://www.wikifx.com/en/download.html). Running well in both the Android system and the IOS system, the WikiFX APP offers you the easiest and most convenient way to seek the brokers that you are curious about.