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CK Markets Forex Broker keeps up-to-date with the latest trading account information, including ECN Account, Standard Account, Cent Account maximum leverage of 1:500 (Equity $20,000 and below) 1:200 ($20,001 - $100,000) 1:100 (Above $100,000 Equity), trading varieties, and more
Rating Index
Pros
Wide range of trading instruments, including over 60 forex pairs and various CFDs on commodities and cryptocurrencies.
High leverage options of up to 1:500, allowing for potentially greater returns on investment.
User-friendly trading platform (MetaTrader 4) available on both PC and mobile devices, with features supporting automated trading.
Cons
Lack of regulation, as CK Markets is based in Saint Vincent and the Grenadines, which does not provide oversight for forex brokers.
Higher spreads on the standard account, which can start closer to 2 pips, potentially increasing trading costs.
Limited educational resources and trading tools available, which may hinder less experienced traders.
CK Markets broker Accounts
ECN Account
Environment
--
Currency
--
Maximum Leverage
1:500 (Equity $20,000 and below) 1:200 ($20,001 - $100,000) 1:100 (Above $100,000 Equity)
SupportedEA
Minimum Deposit
$100.00
Minimum Spread
From 0
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Majors, Minors, Exotics Precious Metals Energies Indices
Standard Account
Environment
--
Currency
--
Maximum Leverage
Unlimited (Equity $1,000 and below) 1:1000 ($1,001 - $5,000) 1:500 ($5,001 - $20,000) 1:200 ($20,
SupportedEA
Minimum Deposit
$100.00
Minimum Spread
From 1.3
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Majors, Minors, Exotics Precious Metals Energies Indices Stocks Cryptocurrencies
Cent Account
Environment
--
Currency
--
Maximum Leverage
1:2000 (Equity $1,000 and below) 1:500 ($1,001 - $2,000) 1:100 (Above $2,000 Equity)
SupportedEA
Minimum Deposit
$30.00
Minimum Spread
From 2.5
Depositing Method
--
Withdrawal Method
--
Minimum position
0.01
Commission
--
Products
Majors, Minors, Exotics Precious Metals Energies
CK Markets Account Type
CK Markets offers three different types of trading accounts to cater to the varying needs of its clients: Cent Account, Standard Account, and ECN Account. Each account type is designed for different levels of traders, from beginners to experienced ones.
1. Cent Account
- Minimum Deposit: $30
- Leverage: Up to 1:2000 (for equity $1,000 and below)
- Spread: From 2.5 pips
- Commission: None
- Trading Instruments: Major, minor, and exotic currency pairs, precious metals, energies, and indices.
- Order Execution: Instant execution
- Swap-Free Option: Available
2. Standard Account
- Minimum Deposit: $100
- Leverage: 1:500 (for equity $20,000 and below)
- Spread: From 1.3 pips
- Commission: None
- Trading Instruments: Major, minor, and exotic currency pairs, precious metals, energies, indices, stocks, and cryptocurrencies.
- Order Execution: Market execution
- Swap-Free Option: Available
3. ECN Account
- Minimum Deposit: $100
- Leverage: 1:500 (for equity $20,000 and below)
- Spread: From 0 pips
- Commission: $3 per round turn lot
- Trading Instruments: Major, minor, and exotic currency pairs, precious metals, energies, and indices (No stocks or cryptocurrencies).
- Order Execution: Market execution
- Swap-Free Option: Available
CK Markets Broker Account Opening Process
Opening an account with CK Markets involves the following steps:
- Online Registration:
- Visit the official CK Markets website and locate the account registration page.
- Fill out the online registration form with your personal information, including your full name, email address, phone number, and any other required details.
- Account Verification:
- After submitting the registration form, complete the verification process by providing identification documents such as a valid passport or driver's license, along with proof of address like a utility bill or bank statement.
- Account Selection:
- Once verified, choose the type of trading account that best suits your needs (Cent, Standard, or ECN). Consider factors such as account features, trading conditions, and minimum deposit requirements.
- Deposit Funds:
- Deposit funds into your trading account using various payment methods, including bank transfers, credit/debit cards, or digital payment systems.
- Start Trading:
- Once your account is funded, access the trading platform provided by CK Markets. Download any necessary software or log in to the web-based platform to start trading. Familiarize yourself with the platform's features and manage your account according to your trading strategy.
CK Markets Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
CK Markets accounts can be viewed for products that can be traded Majors, Minors, Exotics Precious Metals Energies Indices accounts with a minimum deposit of $100.00 by (2+) --.