Search

For more information about CPY Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Regulated by the Securities and Futures Commission of Hong Kong, ensuring a level of safety for traders.
Established in 2007, providing a long track record in the financial industry.
Offers online customer service support, making it accessible for clients.

Cons

Customer service may have long waiting times for responses.
Does not support cryptocurrency trading, limiting options for traders interested in digital assets.
No demo accounts available, which can hinder new traders from practicing before committing real funds.

CPY Company

CPY Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

CPY Company, officially known as Core Pacific Yamaichi International (H.K.) Ltd., was established in 2007. It has grown to be a significant player in the financial brokerage industry, particularly in the realms of forex and CFD trading. The company has positioned itself to cater to a diverse clientele by offering a range of financial services.

Parent Company/Owership Structure

CPY operates under the ownership of Core Pacific Yamaichi Group, which has a strong presence in the Asian financial markets. This ownership structure allows CPY to leverage extensive resources and expertise from its parent company, enhancing its service offerings.

Headquarters Location

The headquarters of CPY is located in Hong Kong, specifically at Room 1101, 11th Floor, China Resources Building, 26 Harbor Road, Wanchai. This strategic location places the company at the heart of one of Asia's leading financial hubs.

Global Business Scope

CPY has a global business scope, with operations extending beyond Hong Kong to key markets in Asia, including Singapore, Tokyo, Taipei, and Seoul. The company serves a diverse clientele, including individual traders and institutional investors.

Main Regulatory Bodies

CPY is regulated by the Securities and Futures Commission (SFC) of Hong Kong, which oversees its activities related to dealing in futures contracts. This regulatory framework ensures that CPY adheres to strict compliance and operational standards.

Back to top

2. Company History and Development

Key Milestones

Since its establishment in 2007, CPY has achieved several key milestones, including obtaining its SFC license, which has bolstered its reputation as a trustworthy brokerage. Over the years, it has expanded its offerings to include a wide range of financial instruments.

Business Expansion Journey

CPY has undergone significant business expansion, initially focusing on forex trading and gradually diversifying its services to include stocks, CFDs, commodities, and cryptocurrencies. This strategic expansion has allowed the company to cater to a broader audience and adapt to evolving market demands.

Customer Base Growth

The customer base of CPY has grown steadily since its inception. The company has attracted both retail and institutional clients, thanks to its competitive trading conditions and comprehensive support services. This growth reflects the company's commitment to meeting the needs of its clients.

Platform Development History

CPY has developed its proprietary trading platform known as T SCI, which provides users with a range of trading tools and features. Unlike many competitors that offer popular platforms like MetaTrader 4 and 5, CPYs proprietary platform is designed to enhance user experience and facilitate efficient trading.

Important Awards or Recognitions Received

While specific awards and recognitions have not been detailed in the available data, CPY's regulatory compliance and established presence in the market contribute to its reputation as a reliable brokerage.

Back to top

3. Trading Services Offered

Forex Trading Options

CPY offers a comprehensive range of forex trading options, providing access to numerous currency pairs. The leverage for forex trading can go up to 1:500, enabling traders to maximize their potential returns.

Stock Trading Options

The company allows clients to trade a variety of stocks from major exchanges, providing opportunities for diversification within investment portfolios. This service is particularly appealing to investors looking to broaden their market exposure.

CFD Trading Products

CPY provides Contracts for Difference (CFDs) on various assets, allowing traders to speculate on price movements without owning the underlying assets. This includes CFDs on indices, commodities, and cryptocurrencies, offering flexibility in trading strategies.

Other Financial Instruments

In addition to forex and stocks, CPY also offers trading in commodities and cryptocurrencies. This broad range of financial instruments enables clients to engage in diverse trading activities and capitalize on various market conditions.

Special Services or Unique Advantages

CPY prides itself on offering 24/7 customer support through multiple channels, including email, phone, and live chat. Additionally, the company provides an informative knowledge base, which serves as a valuable resource for traders seeking to enhance their trading skills.

Back to top

Detailed Regulatory Information

CPY operates under the regulatory oversight of the Securities and Futures Commission (SFC) in Hong Kong. The company's license number is ABY048, which signifies its compliance with the regulatory standards set forth by the SFC.

In Hong Kong, CPY is structured as a limited liability company, allowing it to operate within the legal framework established by the SFC. The company has also expanded its reach to other Asian markets, maintaining compliance with local regulations in those regions.

Client Fund Protection Measures

CPY implements strict measures to protect client funds, ensuring that all client accounts are maintained separately from the company's operational funds. This practice is critical in safeguarding client assets against potential risks.

Countries/Regions Served

CPY serves clients primarily in Hong Kong, but its services are also available in several other Asian countries, including Singapore, Japan, Taiwan, and South Korea. This regional focus allows CPY to cater to diverse trading needs across different markets.

Compliance History

The compliance history of CPY appears to be clean, with no negative regulatory disclosures reported. This positive compliance record reinforces the company's reputation as a trustworthy and reliable brokerage.

Back to top

5. Competitive Landscape

3-5 Main Competitors

CPY competes with several established brokerages in the financial services industry, including:

  • FXPro: Known for its extensive range of trading instruments and competitive spreads.
  • IC Markets: Offers low spreads and high leverage options, making it a popular choice among traders.
  • FBS: Provides a variety of account types and promotional offers for both new and existing clients.
  • Exness: Recognized for its user-friendly platform and strong customer support.

Positioning in the Industry

CPY positions itself as a reputable and regulated brokerage, focusing on providing a comprehensive range of trading services. Its regulatory compliance and proprietary trading platform differentiate it from many competitors.

Market Differentiation Factors

Key differentiation factors for CPY include its proprietary trading platform, competitive leverage options, and extensive customer support. The company's focus on regulatory compliance and client protection further enhances its standing in the market.

Back to top

In conclusion, CPY Company has established itself as a significant player in the financial brokerage industry, offering a wide range of trading services and maintaining a strong regulatory framework. With its commitment to client support and diverse financial instruments, CPY continues to attract a growing customer base. For more information on CPYs offerings and services, learn more.