CPT Markets UK Review

Overall CPT Markets UK can be summarized as a credible and trustworthy broker with competitive trading fees and spreads. CPT Markets UK spread is low compared to other FCA regulated brokers and there are no hidden trading fees and commissions with the Live and Corporate accounts.

CPT Markets UK at a glance

Overall Rating

• 3.7/5

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Min Deposit

USD 100

Regulators

FCA

Trading Platform

MT4

Crypto

No

Total Pairs

100

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

CPT Markets UK Review – A Key 19 Point Quick Overview

1. ✅CPT Markets UK at a glance
2. ✅CPT Markets UK Overview
3. ✅CPT Markets UK Minimum Deposit
4. ✅CPT Markets UK Sign-up Bonus
5. ✅CPT Markets UK Account Types
6. ✅CPT Markets UK Account Features
7. How to Open a CPT Markets UK Trading Account – Step by step
8. CPT Markets UK Demo Account
9. CPT Markets UK Islamic Account
10. CPT Markets UK Trading Platforms
11. CPT Markets UK Fees and Spreads
12. CPT Markets UK Deposit and Withdrawals
13. CPT Markets UK vs LiteForex vs Lirunex – A Comparison
14. CPT Markets Current Popularity Trends
15. CPT Markets UK Pros and Cons
16. CPT Markets UK Customer Reviews
17. Conclusion
18. Disclaimer
19. Frequently Asked Questions

CPT Markets UK Overview

CPT Markets UK is an FCA-regulated broker that specializes in CFDs and forex trading. CPT Markets UK is part of CPT Markets Limited, a company registered in Belize and licensed under the International Financial Services Commission of Belize. Originally named Citypoint Trading Ltd, the UK branch was established in 2008 and has its headquarters in London.

CPT Markets UK has recently joined the London Stock Exchange as a non-clearing member in an ongoing expansion of its services. The CPT Markets UK offers the globally popular MetaTrader 4 (MT4) platform which can be downloaded to desktop devices or used through major web browsers. MT4 can also be used as a mobile trading application. The platform has full customization features and is highly secure with encryption protocols and advanced real-time communication tools.

CPT Markets UK offers access to Forex and CFD trading markets that include instruments like 100 forex pairs, Precious metals, Major European and US indices, and the Futures & options market access includes Metals, Energies, Currencies, Agricultures, Equity Index, Fixed Income and Volatility Futures. Unfortunately, CPT Markets UK does not provide Islamic or swap-free accounts.

CPT Markets UK Minimum Deposit

CPT Markets UK has a minimum deposit requirement of only $100. This minimum deposit amount is equivalent to ZAR 1 600 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

CPT Markets UK Sign-up Bonus

CPT Markets UK  does not offer a sign-up bonus. Traders who register a real account with CPT Markets UK are not offered either a sign-up bonus, a deposit bonus, or a welcome bonus.

Brokers often offer such a broker bonus to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

CPT Markets UK Account Types

CPT Markets UK offers two types of accounts –  a Live and Corporate Account.

CPT Markets UK Account Features

The online application process to open a live trading account is long and tedious, with traders having to submit information such as their trading experience and investment objectives, along with identity documents and FATCA. Both retail and professional accounts share features such as best execution for orders, clear and transparent information, and FSCS protection.

The minimum deposit required to open the account is only $ 100 and CPT Markets UK offers several payment methods for live account deposits, including wire bank transfers, Card payments, Neteller, and Skrill. Withdrawal requests are submitted via an online form on the website and are generally processed within one business day. Withdrawals are free and must be made back to the initial bank account. Requests will be rejected if they bring accounts below margin levels.

How to Open a CPT Markets UK Trading Account – Step by step

How to open a CPT Markets UK trading account:

• Step 1 – Navigate to the CPT Markets UK website

The first step in registering for a CPT Markets UK trading account involves traders navigating to the CPT Markets UK website, and clicking on “Open an account” to proceed.

• Step 2 – Select the ” live account”  or  “corporate account” option

The second step requires the trader to select the “ live account” or corporate account option to proceed through the process of opening a CPT Markets UK trading account.

• Step 3 – Fill out the CPT Markets UK live account registration

The third step in the registration process requires traders to fill in their: email addresses, and phone numbers thereafter traders can proceed through the KYC process for approval.

CPT Markets UK Demo Account

CPT Markets UK’s demo account imitates the conditions of a live trading account and gives traders access to the same functions, features, and options they would have on a live trading account, with the exception that the demo account is risk-free since they make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

CPT Markets UK Islamic Account

CPT Markets UK does not offer traders who follow the Sharia law the option of an Islamic Account. Traders who are interested in registering for an Islamic account must contact the broker’s customer support team to verify the availability and current conditions of such an account as conditions may have changed from the time of writing.

The purpose of an Islamic Account is that it caters explicitly to Muslim traders who follow the strict rules of Sharia law. These rules prevent followers from paying any type of interest, such as overnight fees, which is seen as exploitive or wasteful. Overnight fees are charged when traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should traders hold positions open for longer.

CPT Markets UK Trading Platforms

CPT Markets supports the market-leading and industry-known platform MetaTrader4. The platform features the most important trading needs and is known for its customer-friendly design. It is accessible through either PC or Mobile Phone as its applications are suitable for all devices.

MetaTrader4

With MT4 clients can manage their accounts, access live streaming prices, analyze charts, and place trades whilst brokers administer and manage the server-side component of MT4. CPT Markets UK further offers a combination of some of the best executions, powerful technology and low commissions for all types of clients, and of course a comprehensive technical solution through the platform.

A variety of EAs for automated trading is allowed too, so you may choose your best strategy for trading, as well as the possibility for managers through MAM. The platform provides a secure and flexible way for you to explore and trade the widest range of market products possible.

CPT Markets UK Fees and Spreads

CPT Markets UK’s spreads on EUR/USD start from 1.8 pips. Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with CPT Markets UK is as follows:

CPT Markets UK Deposit and Withdrawals

Compared to other brokers, the minimum deposit amount that CPT Markets UK requires when traders register a live account is affordable for most traders. CPT Markets UK offers traders various payment or deposit methods which can be used when funding accounts. Withdrawals usually must be returned by the same method used to deposit and to the same bank account.

CPT Markets UK offers several deposit methods for live account deposits:

Withdrawal requests are submitted via an online form on the broker’s website and are generally processed within 1 business day. Withdrawals must be made back to the initial bank account and will be rejected if they bring accounts below margin levels.

CPT Markets UK vs LiteForex vs Lirunex - A Comparison

CPT Markets Current Popularity Trends

According to Google Trends, here is an overview of how frequently the search term – “CPT Markets” is entered into Google’s search engine over a given period of time.

CPT Markets UK Pros and Cons

CPT Markets UK Customer Reviews

Great Platform!

CPT Markets provides the easiest and most accessible trading platforms CPT Markets MetaTrader4 are by far the best I’ve come across  – D

 Affiliate Programs offered

was hoping that CPT Markets UK reaches Affiliate Brokers in South Africa – this can be considered a great offering– Channon

No Sign Up Bonus offered.

The CPT Markets UK website is easy to navigate but lacks clearer information though. – Natalia

Conclusion

Overall, CPT Markets UK is a good opportunity for traders of different size and portfolio. You will find exactly what is necessary for trading, a good platform, competitive spreads as well as strict regulation by the broker himself. Seamless account opening and money transfer to or from the account is a plus point for CPT Markets UK, which makes this broker a good choice to consider.

The broker is not just an anonymous electronic platform provider or an impersonal institution, but a full-service brokerage bringing traditional high levels of service into today’s electronic trading world. It understands that each client is different and may need a different business models to succeed. Whether this is direct trading with CPT Markets UK, speculative or hedge trading, or doing business indirectly by introducing clients to CPT Markets UK.

You might also like: CPT Markets UK Account Types Overview

You might also like: CPT Markets UK Demo Account – Step by Step

You might also like: CPT Markets UK Fees and Spreads

You might also like: CPT Markets UK Minimum Deposit

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Disclaimer

CPT Markets UK Limited is a company registered in England and Wales under registration no. 6707165 and authorized and regulated by the Financial Conduct Authority under firm reference number 606110. CPT UK is an affiliate of CPT Markets Limited, a company doing business under the trading name of CPT Markets, registered in Belize and licensed by the International Financial Services Commission of Belize under License No. IFSC/60/430/18(33)h.

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money, According to research in South Africa.

Frequently Asked Questions

Is CPT Markets UK a fake or a scam?

Our  Review of CPT Markets reveals that this is a FCA-regulated broker who has recently joined the London Stock Exchange as a non-clearing member and is therefore considered not fake or a scam.

Does CPT Markets UK manipulate the market?

CPT Markets UK is regulated through FCA therefore market manipulation is monitored.

What instrument can I trade with CPT Markets UK?

You can trade several instruments with this broker incl:  CFDs, Futures, and Options.

Which trading platforms are supported by CPT Markets UK?

MetaTrader4 is a world-class platform offered by CPT Markets

Which type of trader is CPT Markets UK best suited for?

CPT Markets is best suited for Corporate traders