CA Markets Review 7
We primarily work with gold EA and have high requirements for spread costs and commission return times. Previously, we mainly worked with EC and TMGM. Later, I met a CA salesperson online who claimed that they offer low spreads on gold and high commissions, so we decided to give it a try. Indeed, the costs were quite low, and the commissions were returned quickly. However, the back-end system is not commendable at all; it's even confusing at times to understand what it means.
A platform recommended by a friend, tested for more than a month. The trading environment is good. I have used the same EA in several places, and their profits are the highest. This point is worth acknowledging. However, they currently do not provide a free copy trading system, which is not perfect.
The platform manager promised a 24 to 22 return, but after trading for one day, I received no commission for over 900 standard lots of gold. Aside from the missing commission, the customer manager's behavior was appalling; they blocked all contact methods. Everyone should avoid this pitfall. After delving deeper into CAmarkets, I discovered that its front and back ends are identical to those of Cxm Ximeng platform. It is clear that they are just rebranding Cxm Ximeng; all their operations are initiated by Ximeng's salespeople, mainly a few in Shanghai running a pig butchering scam. Do not be deceived.
As an experienced market participant, I usually share EA strategies and real-time transaction orders, and provide insights on platform mechanisms and other aspects to help avoid pitfalls. I have never specifically recommended any broker nor disparaged any, but today I must candidly discuss the CA Markets platform based on my personal experience. The forex market is a small circle, and well-informed friends can quickly learn the details of any incident. Today, January 10, 2025, I was trading with an EA on CA Markets. After some heavy trading—900 standard lots with a nearly 50% loss to my principal—around 4 PM the platform suddenly blocked my trading account and access to deposits and withdrawals. More maliciously, they blacklisted my registered email making it impossible to send emails to the platform. Everyone has experienced it; when you open an account, you worry about whether the platform is legitimate? Whether orders are thrown into the market? The customer manager's answer is always reassuring: "It's a regular platform, hedging," etc. They say you can scalp, hold large positions, etc., and that orders are hedged in the market—they don't eat client losses; the more you trade, the more spread fees the platform earns, so they support frequent trading. CA Markets was the same, swearing that scalping was allowed and fully hedged with various accounts like STP or advanced accounts. But the end result is disheartening. Are these orders just eaten by the platform itself? Is that why they're unwilling to rebate when they lose on spreads? The answer is obvious; most platforms in the market are market makers which is legal abroad—there's nothing wrong with that. But if you choose to be a market maker and bet against clients, then you must be able to afford it. Only allowing the platform to profit makes no sense. Many have encountered platforms blocking withdrawals or commissions, slow deposits or adjusting leverage, freezing during trading causing slippage and losses—how were these actually resolved? Most complaints lead nowhere; there's no solution. Platforms seem polite in their emails but they're ineffective. What I want to express is that as investors we are already at a disadvantage; platforms should at least ensure a basic trading environment. It’s not about completely eliminating freezing or slippage but about fairness! CA Markets hasn't been around long; I didn’t know this platform until their own people highly recommended it. Now look—I give them business and they slaughter their customers using high rebate schemes to attract clients. CA Markets' attitude in handling matters cannot be atrocious; direct blacklisting on WeChat, banning backends, blacklisting emails, removing balances from MT4 are all typical of a scam operation. Everyone must be vigilant not to fall prey to such scam platforms. I've been cut as a retail investor for real money; I hope everyone actively shares this so more investors see it and resist scam platforms like CA Markets. Face reality; my account number is 3000055 with viewing password Abc321 on CAMarketsGlobal-Live server. Total losses including commission removals amounted to $21,320.37 with remaining balance of $4,128.28 USD.
Good platform, low spreads, and dedicated account managers. Highly recommend.
User experience is solid 👍👍👍, but the range of technical indicators could be broader. It’s functional, but could be better, I mean.
Super smooth platform, tight spreads, and deposits and withdrawals are a breeze. Newbie or pro, CA Markets is gonna make trading easy. You gotta check them out!
