CPT Markets Review 2024


3 / 5
CPT Markets is #108 in our CFD broker rankings.

CPT Markets will suit traders looking for a UK-regulated, no-frills online broker, or professional traders looking for institutional trading conditions.

- Daytrading Review Team

CPT Markets is a London-based forex and CFD broker regulated by the FCA. Founded in 2008, this established brokerage offers trading across currencies, equities, commodities, futures and bonds with leverage up to 1:30. The broker's services are more limited than other firms, with just the MT4 platform on offer and no additional trading features.

$100
MT4
CFDs, futures, options
-
Skrill, Neteller, Wire Transfer, Mastercard, Visa, Credit Card, UnionPay

Forex Trading

There is an impressive selection of 100 forex pairs in the MT4 platform. However, spreads start from 1.8 pips for retail traders, which is not competitive vs other brokers.

Stock Trading

CPT Markets offers a range of single stock CFDs, although transparency around specific equities is lacking. Algorithmic stock traders can also implement custom Expert Advisors in MT4.

CFD Trading

Trade CFDs across metals, energies and indices with leverage up to 1:30. Traders can access 50+ indicators and charting tools, although no other analysis tools or software are offered.

✓ Pros

  • FCA-regulated with FSCS protection and negative balance protection
  • Competitive range of 100 currency pairs, as well as futures and options
  • Beginner and intermediate level educational resources, plus weekly research bulletins
  • Industry renowned MT4 trading platform
  • Easy-access demo account
  • Fast sign-up process

✗ Cons

  • Wider spreads than many brokers
  • Limited additional trading tools
  • No live chat customer support
  • Only one trading platform

CPT Markets is an FCA-regulated broker specialising in CFDs and forex trading. The broker strives to offer bespoke solutions for clients of all levels and abilities. Our CPT Markets review covers account types and login, payment methods, additional features and more.

CPT Markets Details

CPT Markets is part of CPT Markets Limited, 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 with headquarters in London.

More recently, CPT Markets UK joined the London Stock Exchange as a non-clearing member in an ongoing expansion of its services.

MetaTrader 4 Platform

The broker offers the globally recognised MetaTrader 4 (MT4) platform. You can download MT4 to desktop devices or trade through major web browsers. MT4 also offers a mobile trading application.

Highlights of the MT4 trading platform:

CPT Markets MetaTrader 4
CPT Markets MetaTrader 4

Refer to the broker’s website for full details on the installation of the CPT Markets MT4 trading platform, account login, navigation, and tools.

Instruments

Forex & CFD trading markets include:

Futures & options market access include:

Fees

The broker offers variable, floating spreads, starting from 1.8 pips in retail trading accounts. Unfortunately CPT Markets doesn’t provide details of average spreads.

The broker does not charge any retail trading commissions, however, fees may apply if a client needs a specific setup or customisation. A finance adjustment fee is charged for positions held overnight.

Leverage

Leverage rates are capped at 1:30 for retail forex trading in line with ESMA guidelines.

Mobile Apps

MetaTrader 4 is available as a mobile trading tool, compatible with iOS and Android devices. The application allows for complete account management and price analysis from your mobile or tablet device. The easy to use platform picks up positive customer reviews online and allows for powerful analysis of the markets and rapid order execution.

CPT Markets MetaTrader 4 mobile
CPT Markets MetaTrader 4 mobile

Payments

Deposits

The minimum deposit is $100. CPT Markets offers several payment methods for live account deposits:

Withdrawals

Requests are submitted via an online form on the broker’s website and are generally processed within 1 business day with no fees. Withdrawals must be made back to the initial bank account and will be rejected if they bring accounts below margin levels.

Demo Account

The broker offers a demo account where users can test their strategies on the MetaTrader 4 platform. A simple online registration form needs to be completed when opening an account. The trial account is a great place to start if you’re unsure about signing up for real-money trading.

CPT Markets Bonus

At the time of writing, CPT Markets does not offer any promotions to new clients, this includes no deposit bonuses.

Regulation Review

CPT Markets is authorised and regulated by the Financial Conduct Authority (FCA) meaning the broke operates with a high level of reliability following regulatory standards. The broker also works with reputable credit institutions and legal houses that help to oversee trades and maintain a robust financial standing.

The global brokerage is also licensed with the International Financial Services Commission of Belize.

Additional Features

CPT Markets Ltd offers online educational courses split between beginner and intermediate levels. Various topics are covered such as trading caps, managing risk, market indices, basic terms, and MT4 installation, all with training videos.

CPT Markets Price Analysis
CPT Markets Price Analysis

The broker also provides weekly research bulletins with updated market information and global trading news on both their website and Facebook account.

Account Types

The online application to open a live trading account is extensive. Users must submit information such as their trading experience and investment objectives, along with identity documents and FATCA.

The brokerage offers two accounts:

Both retail and professional accounts share features such as best execution for orders, clear and transparent information, and FSCS protection.  The retail account also offers negative balance protection, client money segregation protection, and access to a Financial Ombudsman.

Trading Hours

CPT Markets follows standard office and trading hours, however timings do vary by instrument. Forex trading, for example, is available 24/5 on the MetaTrader platform.

Customer Support

CPT Markets Ltd offers customer support via:

Security

CPT Markets prides itself on its handling of personal information and its robust data policy. Users are also entitled to call upon the Financial Ombudsman for any trading issues associated with CPT Markets UK. The MT4 platform assures high-tech encryptions, secure logins, and industry-standard data privacy.

CPT Markets Verdict

CPT Markets provides opportunities for traders of different abilities on the established MT4 platform along with FCA regulation and FSCS protection. The decent breath of learning resources and payment options also helps to make CPT Markets a strong contender.

Top 3 Alternatives to CPT Markets

Compare CPT Markets with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. Swissquote – Swissquote is a Switzerland-based bank and broker that offers online trading and investing. The company has a high safety score and is listed on the Swiss stock exchange. The firm offers a huge range of products, from stocks, ETFs, bonds and futures to 400+ forex and CFD assets. Hundreds of thousands of traders have opened an account with the multi-regulated brokerage. Clients can get started in three easy steps while 24/7 customer support is available to assist new users.
    Go to Swissquote
  3. AvaTrade – AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.
    Go to AvaTrade

CPT Markets Comparison Table

Compare CPT Markets With Similar Brokers
CPT Markets IG Swissquote AvaTrade
Rating 3 4.4 4 4.9
Markets CFDs, futures, options CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Forex, CFDs, Indices, Stocks, ETFs, Bonds, Options, Futures, Cryptos (location dependent) CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $0 $1000
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FCA, IFSC (Belize) FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA, FINMA FCA, FINMA, DFSA, SFC ASIC, CySEC, FSCA, ISA, CBol, FSA, FSRA, BVI, ADGM
Bonus
Education No Yes No Yes
Platforms MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral MT4, MT5, AutoChartist, TradingCentral WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade
Leverage 1:30 1:30 (Retail), 1:250 (Pro) 1:30 1:30 (Retail) 1:400 (Pro)
Payment Methods 7 6 5 13
Visit Visit Visit Visit Visit
Review IG
Review
Swissquote
Review
AvaTrade
Review

Compare Trading Instruments

Compare the markets and instruments offered by CPT Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare CPT Markets Trading Instruments
CPT Markets IG Swissquote AvaTrade
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No Yes
Silver Yes Yes Yes Yes
Corn No No No Yes
Crypto No Yes Yes Yes
Futures Yes Yes Yes Yes
Options Yes Yes Yes Yes
ETFs No Yes Yes Yes
Bonds No Yes Yes Yes
Warrants No Yes No No
Spreadbetting No Yes No Yes
Volatility Index No Yes No Yes

CPT Markets vs Other Brokers

Compare CPT Markets with any other broker by selecting the other broker below.

 

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CPT Markets is a London-based forex and CFD broker regulated by the FCA. Founded in 2008, this established brokerage offers trading across currencies, equities, commodities, futures and bonds with leverage up to 1:30. The broker's services are more limited than other firms, with just the MT4 platform on offer and no additional trading features.

FAQ

Is CPT Markets regulated?

Yes, the broker is regulated by the Financial Conduct Authority (FCA) in the UK and the International Financial Services Commission (IFSC) of Belize. This indicates a trustworthy brokerage.

What trading platforms does CPT Markets use?

The broker offers the well-known industry platform MetaTrader 4, available to download to desktop or to trade on major web browsers. MT4 mobile app can also be downloaded from respective app stores with compatibility on iOS and Android devices.

Does CPT Markets offer a demo account?

Yes, traders can complete a simple online registration form to access a fully featured demo account.

How do I open an account with CPT Markets?

You can complete an online account application form, requiring information such as personal details and trading experience. Alternatively, contact the broker using the customer support telephone number or email address.

What are the payment options to fund my CPT Markets account?

Once you have registered for an account, you can make deposits via card payments, bank wire transfers, Skrill, Neteller and UnionPay, among others.