CP Markets Forex Broker

Note: CP Markets's official website - https://cp-markets.com/ is currently inaccessible normally.CP Markets Review SummaryFounded2021Registered Country/RegionUnited KingdomRegulationUnregulatedMarket Instruments500+, Forex, Commodities, Shares, Futures and IndicesDemo Account❌Leverage1:100EUR/USD Spread0.6 pips (Standard account)Trading PlatformMT5Min Deposit$50Customer SupportContact formEmail: cs@cp-markets.comPhysical address: Unit 1804 South Bank Tower, 55 Upper Ground, London, England, SE1 9EY CP Markets is a Forex and CFD broker registered in 2021 with its headquarters in London. It offers trading services for Forex, Commodities, Shares, Futures and Indices. CP Markets claims to provide access to over 500 assets on the MetaTrader5 platform, along with four account types. However, this broker does not hold a legal regulatory license.Pros and ConsPros Cons Diverse tradable assetsUnavailable websiteMultiple account typesNo regulationCommission-free accounts offeredNo demo accountsMicro accountUnknown payment methodsMT5 trading platformOnly email supportLow minimum depositIs CP Markets Legit? No, CP Markets is not a legitimate broker as it holds no license from any legal authorities. Furthermore, our investigation has revealed that the company's physical address is fake, and no office was found at that location.What Can I Trade on CP Markets? CP Markets claims to offer more than 500 trading instruments across three classes, including 70+ Forex, Commodities (Spot metals), Shares, Futures and Indices.Tradable Instruments Supported Forex ✔Commodities✔Shares✔Futures✔Indices✔Cryptocurrencies❌Bonds❌Options❌ETFs❌Account TypeAccount TypeMin DepositMicro$50Standard$500PRO$1,000VIP$30,000Leverage CP Markets offers leverage up to 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Spread and CommissionAccount TypeSpreadCommissionMicro1.2 pips❌Standard0.6 pips❌PRO0 pips$3.5 per lot per sideVIP0 pipsEarn rebates of up to 21% of commissionsTrading PlatformTrading PlatformSupported Available Devices Suitable forMT5✔Web and MobileExperienced tradersMT4❌/Beginners