Search
Capital Markets Elite Group Forex broker specializes in providing foreign exchange trading services, the company's official website https://secure.cmeli..., the company's legitimate regulatory information United KingdomFCAForex Execution License (STP), Cayman IslandsCIMADerivatives Trading License (EP) to enhance the security of the company's address

Capital Markets Elite Group Forex Broker

Regulated
Capital Markets Elite Group

Rating Index

This rating is sourced from logo

Company profile

Registered Country United Kingdom Regulation No regulation Incorporated Years 2-5 Years Company Name Capital Markets Elite Group Limited Minimum Deposit $500 Demo Account Available Maximum Leverage 1:200 (forex trading) Minimum Spreads From 0.8 pips (forex pairs) Trading assets Equities & ETFs, Forex, and CFD, Options Trading Platform Stearling Traderpro, DAS Traderpro, MT4, MT5, Takion Payment Methods N/A Customer support Telephone, Email, Online Chat, Facebook, Twitter, Linkedin, Instagram, Youtube General Information & Regulation Capital Markets Elite Group (CMEG) is an independent financial services group since 2013, registered in Trinidad and Tobago. CMEG provide access to trading platforms as well as retail, institutional and alternative investment services. CMEG claims that it is authorized and regulated by the Trinidad and Tobago Securities and Exchange Commission to carry on the business of a Broker Dealer (Agent and Principal) and Investment Advisor in accordance with Section 51(1) of the Securities Act (2012) Chap. 83:02 (as Amended). However, since this place is an offshore island, with its regulation super loose. We dont believe its credibility. Here we can see that WikiFX has given this broker a very low score of 1.40/10. Please be aware of the risk involved. Market Instruments Tradable financial instruments available on the CMEG platform include Equities trading, ETFs Trading and forex trading. While some popular instruments like commodities, precious metals, indices, and Cryptos are not available. Minimum Deposit In terms of minimum initial deposit, traders with accounts of $500 can trade with margin up to 6-to-1 for accounts above $2,500 USD. Leverage In terms of trading leverage, the maximum leverage for forex trading is up to 200:1, the standard account with the trading leverage of up to 4:1, up to 6:1 leverage for the Active account, 10:1 leverage for the Enhanced account. Spreads & Commissions Spreads on the forex trading is not provided. As for commissions, the Standard Account commissions for U.S. equities are $8.95-per trade and $0.0075-per share. Active account commissions start at $3.95 per-trade and $0.007-per share on monthly volume up to 350,000 shares and drop to $1.95-per trade and $0.0035-per share on monthly volume over one-million shares. Trading Platform Available In terms of trading platform available, CMEG offers quite a few platforms, including Takion (fueled by technologically-advanced code and algorithmic smart order routing, with its pricing $80 per month), Sterling Trader Pro (providing a high level of customization & reporting analysis to complement their style of trading, $99 per month), DAS Trader Pro (designed for day traders, Direct Access Software (DAS), $90 per month), DAS Web/Mobile (no fees), and MT5 trading platform (a powerhouse among FX trading platforms). Some fees charged for using different platfoms: Sterling clients: platform and market data fees of $250 will be billed to your account once activated and deducted on the last day of the calendar month. DAS clients: Platform and market data fees are charged by the provider as soon as the platform is activated, your account will be billed the full platform fee from your activation date and will be deducted on the last day of the calendar month. These fees are not pro-rated and cannot be waived. Deposit & Withdrawal In terms of payment methods, CMEG does not make this part clear. Most traders accept traders to fund their account through Wire Transfer, Visa, MasterCard, Visa, Skrill and Neteller. Customer Support Clients with any inquiry can first step into CMEGs FAQ section to find their desirable answers. The CMEG) customer support can be reach through telephone: UK (+44 (207) 993 6276, Int: + (829) 956 5161, and this broker is also on some social media platform including Facebook, Twitter, Linkedin and Instagram. Surprisingly, live chat is available. Trading Hours For the trading of Equities and ETFs, pre-market trading hours are from 7.30 am to 9.30 am EST. Normal trading hours are from 9.30 am to 4 pm EST and after-hours trading extends from 4 pm to 5.30 pm EST. For the trading of Forex, the Forex market is open 24 hours a day (24/5) due to different international time zones. Pros & Cons Pros Cons Multiple trading platform options, MT4, MT5 No regulation Demo accounts available High inactivity fees Average selection of trading accounts provided High trading fees, platform fees Only two types of trading accounts available High minimum deposits Frequently Asked Questions Where is Capital Markets Elite Group Located? Capital Markets Elite Group is a broker based in Carribean twin-island Republic of Trinidad and Tobago. Does Capital Markets Elite Group offer business accounts? Yes, this broker provides Corporate accounts, but clients are required to provide the following documents: Your name, company name, country, email address, and phone number. How long is the free Sterling demo amount valid for? The Sterling demo account is valid for 7 days. What are the main charges associated with the active account? The active account is subscription-based. It includes a monthly subscription charge of $225 for platform access and market data, depending on the platform selected. These charges are not pro-rated. What are your inactivity fees? For every 30 days that your active account remains inactive, there is an inactivity fee of $17. For standard accounts, an activity fee of $15 will be charged in any month with less than five trades.
How to login to Capital Markets Elite Group?

Capital Markets Elite Group Similar Brokers

Latest Reviews

Pros
No PDT rule, allowing U.S. residents to day trade without the $25,000 minimum requirement.
Access to multiple advanced trading platforms, including DAS and Sterling Trader.
Competitive minimum deposit of $500 for active accounts, making it accessible for small traders.
Cons
Very high commissions and fees compared to other brokers.
Not regulated by FINRA, SEC, SIPC, or other U.S. authorities, posing potential risks for clients.
Not available to Canadian residents, limiting accessibility for traders in that region.

Basic Information

Registered Region
Saint Lucia
Operating Period
--
Company Name
Capital Markets Elite Group
Abbreviation
Capital Markets Elite Group
Company employee
--
Customer Service Email Address
clientservices@cmelitegroup.com
Contact Number
+18299565161
How to login to Capital Markets Elite Group?
Capital Markets Elite Group Complete Account Guide: Registration, Account Opening, and Login Processes Navigating the world of online trading can be overwhelming, especially for newcomers. Capital Markets Elite Group (CMEG) offers a robust platform for trading various financial instruments, but understanding how to register, open an account, and log in is crucial for a seamless experience. This guide will walk you through each of these processes, ensuring you have the necessary information to start trading confidently. Part One: Account Registration Process How to Register a Capital Markets Elite Group Account Step 1: Accessing the Registration Page To begin the registration process, navigate to the Capital Markets Elite Group website. Click on the "Register" or "Sign Up" button, typically located in the top right corner of the homepage. This will redirect you to the registration form. Step 2: Filling in Required Information On the registration page, fill out the necessary fields, which generally include your name, email address, and phone number. Ensure that the information provided is accurate, as it will be used for verification. Step 3: Email/Phone Verification After submitting your information, you will receive a verification email or SMS. Click the link in the email or enter the code sent to your phone to verify your identity. This step is crucial to ensure the security of your account. Step 4: Identity Verification (if required) Depending on your region and the regulations in place, you may need to verify your identity further. This could involve uploading a government-issued ID and possibly a proof of address document. Step 5: Registration Confirmation Once all information is submitted and verified, you will receive a confirmation email indicating that your registration with Capital Markets Elite Group is complete. At this point, you can proceed to open an account. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, check your spam folder or ensure that the email address entered is correct. Identity Verification Failure: Ensure that the documents submitted are clear and meet the specified requirements. Double-check that you are using the correct forms of identification. Regional Differences in Registration Users in certain regions may face additional requirements or restrictions when registering. For instance, U.S. citizens must certify that they have not been solicited by CEG, as the firm is not registered with the U.S. Securities and Exchange Commission (SEC) (Source: Warrior Trading). Always check the specific guidelines applicable to your location. Part Two: Capital Markets Elite Group Account Opening Detailed Guide Explanation of Differences Between Registration and Account Opening While registration involves creating a user account, the account opening process specifically pertains to establishing a trading account with Capital Markets Elite Group, which allows you to trade financial instruments. Preparation Work Before Account Opening Before opening an account, ensure you have the required documents ready. This typically includes: Two forms of government-issued photo identification A proof of address document (e.g., utility bill) Any additional documentation specified during registration. Detailed Account Opening Steps Step 1: Selecting Account Type Capital Markets Elite Group offers various account types, including Standard and Active accounts. Choose the one that best fits your trading style and needs. Standard accounts are suitable for long-term trading, while Active accounts cater to day traders. Step 2: Submitting Required Documents Upload the necessary documents as prompted in the account opening application. Ensure that all documents are clear and legible to avoid delays. Step 3: Account Review Process Once submitted, your application will undergo a review process. This typically takes 3-5 business days, depending on the completeness of your documentation. Step 4: Account Activation Upon approval, you will receive an email confirming your account activation. Follow the instructions provided to finalize your setup. Step 5: Initial Setup Log in to your account using the credentials provided during registration. Familiarize yourself with the trading platform and set up any necessary preferences. Frequently Asked Questions About Account Opening How long does it take to open an account? The account opening process usually takes 3-5 business days, depending on the documentation submitted. What if my documents are rejected? You will receive a notification detailing the issues with your documents, allowing you to resubmit. Next Steps After Opening an Account After successfully opening your account, consider funding it and exploring the trading platforms offered by Capital Markets Elite Group. Take advantage of demo accounts to practice before trading with real money. Part Three: Capital Markets Elite Group Login Process Explained Basic Web Login Process Step 1: Navigate to the Login Page Visit the Capital Markets Elite Group website and click on the "Login" button, typically located at the top right corner. Step 2: Enter Your Credentials Input your registered email address and password. Ensure that caps lock is off and that you are entering the correct credentials. Step 3: Two-Factor Authentication (if enabled) If you have two-factor authentication enabled, enter the code sent to your registered device. Step 4: Click "Login" After entering your credentials and any required codes, click the "Login" button to access your account. Step 5: Familiarize Yourself with the Dashboard Once logged in, take a moment to familiarize yourself with the platform's layout and available features. Mobile App Login Process If you are using the Capital Markets Elite Group mobile app, the login process is similar: Open the app and select "Login." Enter your email and password. Complete any additional verification steps if prompted. Other Login Methods Capital Markets Elite Group may offer third-party login options or Single Sign-On (SSO) for corporate users. Check the login page for available options. Common Login Issues and Solutions Forgotten Password: Use the "Forgot Password" link on the login page to initiate a password reset process. Account Lockout: If your account is locked due to multiple failed login attempts, wait for a specified time before trying again or contact support for assistance. Technical Issues: Ensure your browser is updated, and clear your cache if you encounter login problems. Overview of Features After Login Upon logging in, you will have access to your trading dashboard, where you can view account balances, execute trades, and access market data. Familiarize yourself with the various tools available for effective trading. Additional Sections Account Security Recommendations Use a strong password and change it regularly. Enable two-factor authentication for an added layer of security. Be cautious of phishing attempts and only log in through the official website or app. Best Practices for Account Management Regularly monitor your account activity. Keep your personal information updated. Utilize demo accounts to practice trading strategies without risk. How to Get Technical Support For technical issues or account inquiries, contact Capital Markets Elite Groups support team via their website or customer service email. They typically offer 24/5 support to assist with any concerns you may have. By following this guide, you can confidently navigate the registration, account opening, and login processes with Capital Markets Elite Group. Whether you are a novice or experienced trader, understanding these steps will help you make the most of your trading journey.

Capital Markets Elite Group Forex Broker - Complete Information Guide

1. Broker Overview

Capital Markets Elite Group, commonly referred to as CMEG, was established in 2013 and is headquartered in the Republic of Trinidad and Tobago. The company operates as a private entity, providing a range of financial services primarily to retail and institutional clients. Since its inception, CMEG has aimed to offer competitive trading conditions and advanced trading platforms, making it a popular choice among traders looking for flexible trading options.

CMEG has made significant strides in the financial services industry, particularly by providing access to various global markets. The firm has developed a reputation for its unique offerings, including the ability for U.S. residents to trade without being subject to the Pattern Day Trader (PDT) rule, which is a major draw for many small account traders. The company is part of a larger group, with its parent company being Mondeum Investment Group Limited, which also oversees other regional entities.

The business model of Capital Markets Elite Group encompasses retail forex trading, institutional services, and asset management, allowing clients to engage in a wide array of trading activities across different financial instruments. As a result, the capital markets elite group broker has positioned itself as a versatile option for traders seeking comprehensive market access.

2. Regulatory and Compliance Information

Capital Markets Elite Group operates under the regulation of several authorities, including:

  • Trinidad and Tobago Securities and Exchange Commission (TTSEC) - License Number: [specific number not provided]
  • Cayman Islands Monetary Authority (CIMA) - License Number: 1671530
  • Financial Conduct Authority (FCA) in the UK - License Number: 583632

These licenses allow CMEG to conduct its brokerage business in compliance with local laws. However, it is important to note that CMEG is not registered with U.S. regulatory bodies such as FINRA or the SEC, which means that U.S. clients may not receive the same protections as they would with a U.S.-registered broker.

CMEG adheres to strict client fund segregation policies, ensuring that client deposits are held separately from the firm's operational funds. This practice is crucial for protecting client assets, especially in the event of financial difficulties faced by the broker. Additionally, CMEG implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to enhance security and compliance with international standards.

3. Trading Products and Services

Capital Markets Elite Group offers a wide variety of trading products, catering to diverse trading needs. The broker provides access to:

  • Forex Trading: CMEG offers a broad selection of currency pairs, including major, minor, and exotic pairs, enabling traders to participate in the global forex market.
  • CFDs: Clients can trade Contracts for Difference across various asset classes, including indices, commodities, and stocks. However, cryptocurrency trading is currently not available.
  • Equities and ETFs: CMEG facilitates trading in a range of stocks and Exchange-Traded Funds (ETFs), providing clients with opportunities to invest in different sectors and markets.

The firm regularly updates its product offerings, ensuring that traders have access to the latest financial instruments. Retail trading services are complemented by institutional client support, which includes tailored solutions for larger trading entities. Additionally, CMEG provides asset management services for clients looking for professional investment management.

4. Trading Platforms and Technology

CMEG supports several advanced trading platforms, catering to the varying needs of traders:

  • MetaTrader 4/5: These widely-used platforms are available for traders looking for robust trading features and automation capabilities.
  • Cap It All: A proprietary platform designed for user-friendly navigation and customizable trading tools.
  • Sterling Trader Pro: A dynamic platform that offers advanced charting and risk management tools, ideal for active traders.
  • DAS Trader Pro: This platform is tailored for day traders, providing direct access to market data and fast order execution.
  • Takion: A sophisticated trading platform that utilizes advanced algorithms for smart order routing, suited for professional traders.

CMEG also offers mobile trading applications compatible with both iOS and Android devices, allowing traders to manage their accounts on-the-go. The execution model employed by CMEG includes ECN and STP, ensuring competitive pricing and efficient order execution. The broker's servers are strategically located to enhance trade execution speed, and they provide API access for automated trading solutions.

5. Account Types and Trading Conditions

Capital Markets Elite Group offers various account types to meet the needs of different traders:

  • Standard Account: Requires a minimum deposit of $500, with competitive spreads and no commissions for long-term investors.
  • Active Account: Designed for day traders, this account requires a minimum deposit of $500 and offers leverage of up to 6:1 for accounts above $2,500.
  • Enhanced Account: Offers higher leverage options and is available for proprietary trading groups with the necessary experience and credentials.

CMEG also provides a demo account for traders to practice before committing real funds. The leverage ratios vary across account types, with a maximum of 1:200 for forex trading. The minimum trade size and overnight fees are also defined based on account type, ensuring transparency in trading conditions.

6. Fund Management

CMEG supports several deposit methods, primarily relying on bank transfers for funding accounts. The minimum deposit requirements vary by account type, with a standard minimum of $500 for active accounts. Deposits typically take 3-5 business days to process, and there are no fees associated with deposits.

Withdrawal methods are limited, with clients required to submit a wire transfer request form to withdraw funds. Withdrawal processing times can also take several days, and there may be fees associated with withdrawals, which can vary based on the amount and method.

7. Customer Support and Educational Resources

CMEG provides robust customer support, available through multiple channels, including phone, email, online chat, and social media. The support team is accessible during business hours, Monday to Friday, and offers assistance in several languages.

The broker also invests in educational resources for its clients, providing access to webinars, tutorials, and e-books. Market analysis services, including daily insights and research reports, are available to help traders make informed decisions. Additionally, CMEG offers trading tools such as calculators and economic calendars to assist clients in their trading activities.

8. Regional Coverage and Restrictions

Capital Markets Elite Group primarily serves clients in the Caribbean and the UK, with specific restrictions on clients from certain countries. Notably, CMEG does not accept clients from the United States or Canada due to regulatory limitations. The firm operates offices in Trinidad and Tobago, the UK, and the Cayman Islands, ensuring a broad reach within the Caribbean and beyond.

In conclusion, the capital markets elite group broker presents a compelling option for traders seeking flexibility and advanced trading solutions. However, potential clients should be aware of the regulatory landscape and associated risks before engaging with the broker.

Latest Reviews

FX1263301479

FX1263301479

Malaysia

I've been wanting to try trading on Capital Markets Elite Group platform for a long time, the platform came in the first time. Everything is clear and clear. Sometimes there were questions, the support service quickly helped in solve problems.

Positive

2023-02-28

FX1204247012

FX1204247012

South Africa

A friend recommended me this broker several days ago, and I checked its official website today and discovered that this broker is seemingly professional, multiple trading platform options, online chat provided, two types of trading accounts, but it does not hold any license at all. So, it is not a good choice.

Positive

2023-02-14

吴晓敏

吴晓敏

United States

I can't even trade commodities, precious metals, indices and cryptocurrencies with this company...why doesn't it offer these popular instruments?

37130

2022-12-08

Capital Markets Elite Group Forex Broker has an overall rating of 6.71, Regulatory Index 6.40, License Index 6.40, Business Index 7.26, Software Index 5.76 Risk Control Index 8.90.
Capital Markets Elite Group