CAT Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://cat-market.com/en/index1.html, about the company's legal and temporary regulatory information, the company's address 1 World Trade Center, New York, NY 10007, United States.
Cat Markets, officially known as CA Markets Ltd, was established in 2015. The company is headquartered in Port Vila, Vanuatu, with additional operational offices in Sydney, Australia. It operates as a private entity and is not publicly traded. Cat Markets primarily serves retail and institutional traders, offering a diverse range of financial products and services.
Since its inception, Cat Markets has focused on creating a user-friendly trading environment, catering to both novice and experienced traders. The broker has achieved significant milestones, including the introduction of multiple account types and the integration of advanced trading platforms. As part of the Corporate Alliance Group, Cat Markets aims to provide innovative trading solutions while adhering to regulatory standards.
The business model of Cat Markets encompasses retail forex trading, contract for differences (CFDs), and other financial instruments. The brokers commitment to offering competitive trading conditions and a wide array of instruments has positioned it as a notable player in the forex brokerage industry.
Cat Markets is regulated by the Vanuatu Financial Services Commission (VFSC) under license number 700714. The regulatory framework ensures that the broker adheres to specific operational standards, providing a level of security for traders. The VFSC is recognized as a tier-3 regulator, which means that while it offers some oversight, it may not be as stringent as regulators in major financial centers.
In addition to its VFSC license, Cat Markets operates as an entity under the Australian Securities and Investments Commission (ASIC), which is a tier-1 regulator. This dual regulatory structure enhances the broker's credibility and provides clients with additional layers of protection.
Cat Markets employs a client fund segregation policy, ensuring that client funds are kept in separate accounts from the brokers operational funds. This practice protects traders in the event of financial difficulties faced by the broker. However, it is important to note that Cat Markets does not participate in an investor compensation scheme.
The broker follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines, requiring clients to verify their identities before engaging in trading activities. This compliance helps maintain the integrity of the trading environment and protects against fraudulent activities.
Cat Markets offers a comprehensive range of trading products, including:
Cat Markets is committed to regularly updating its product offerings, ensuring that clients have access to the latest financial instruments. The broker also provides retail trading services tailored to individual traders and institutional client services for larger entities.
Cat Markets supports the MetaTrader 5 (MT5) trading platform, which is widely recognized for its advanced trading features and user-friendly interface. The platform allows traders to execute orders quickly and efficiently, with an average execution speed of 46-56 milliseconds, which is faster than the industry average.
In addition to MT5, Cat Markets offers a web-based trading platform and mobile applications compatible with both iOS and Android devices, enabling traders to manage their accounts on the go. The broker operates under a Straight-Through Processing (STP) model, ensuring that trades are executed directly in the market without dealing desk intervention.
The brokers technical infrastructure is robust, with servers located strategically to enhance trading performance and minimize latency. Cat Markets also supports API access for algorithmic trading, allowing traders to implement automated trading strategies seamlessly.
Cat Markets offers three primary account types:
Standard Account:
Minimum Deposit: $20
Spread: From 1.5 pips
Commission: $0
Pro Account:
Minimum Deposit: $500
Spread: From 1.0 pips
Commission: $0
Ace Account:
Minimum Deposit: $1,000
Spread: From 0.0 pips
Commission: $7 per lot
The broker provides a demo account option, allowing prospective clients to practice trading strategies without financial risk. Cat Markets offers leverage of up to 1:500 for forex trading, which can amplify potential profits but also increases the risk of significant losses. The minimum trade size is set at 0.01 lots, and the broker implements a competitive overnight fee structure suitable for various trading strategies.
Cat Markets supports multiple deposit methods, including:
The minimum deposit requirement varies by account type, with the standard account starting at $20. Deposit processing times range from instant for cryptocurrencies to 2-5 business days for bank transfers, depending on the method used.
There are no deposit fees associated with funding accounts, provided that clients meet specific trading volume criteria. Withdrawal methods include bank transfers and cryptocurrencies, with processing times typically ranging from 1-2 business days. Withdrawal fees may apply depending on the chosen method, but the broker does not charge inactivity fees for dormant accounts.
Cat Markets offers 24/5 customer support via multiple channels, including:
The support team is multilingual, providing assistance in English, Chinese, and Malay. Clients can access educational resources, including webinars, tutorials, and market analysis services, to enhance their trading knowledge and skills.
The broker also provides daily market commentary and research reports to help traders make informed decisions. Various trading tools, such as calculators and economic calendars, are available to assist clients in their trading activities.
Cat Markets primarily serves clients in Vanuatu, Australia, and several other regions. The broker has established offices in key locations to enhance its service delivery. However, it does not accept clients from certain jurisdictions, including the United States, Iran, and North Korea, due to regulatory constraints.
The broker's commitment to compliance with local laws and regulations ensures that it operates within the legal frameworks of the regions it serves. This focus on regulatory adherence helps maintain the integrity of the trading environment for all clients.
In conclusion, Cat Markets is a versatile forex broker that offers a range of trading products and services tailored to meet the needs of both retail and institutional clients. With a strong regulatory framework, competitive trading conditions, and a robust trading platform, Cat Markets continues to establish itself as a reputable player in the forex brokerage industry. As such, it is an appealing option for traders looking for a reliable and efficient trading experience.
ODIE
Australia
I've been trading CFDs at CAT Markets and it feels pretty solid with their legit licenses. But be ready, it's high risk! Definitely not for beginners without doing your homework or talking to a financial advisor first. If you know what you're doing, it’s a good platform to trade on.
37130
2024-06-04
CC87
United States
From forex to commodities, their transparent pricing and quick withdrawals make trading efficient and reliable
Positive
2024-07-16