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CH Markets Forex Broker provides real users with 2 positive reviews, 2 neutral reviews and 13 exposure review!

CH Markets Broker Review

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CH Markets Review 17

Latest All(17) Positive(2) Neutral(2) Exposure(13)
Positive
CH Markets Review: Varied Trading Options and Streamlined Platform, Yet Navigate Unregulated Leverage with Caution

In my recent interaction with the CH Markets platform, I found the overall user experience quite satisfactory. Brimming with a diverse range of trading options, it seems to cater to various trading appetites. The advanced platform enhances the trading experience, providing an environment designed to streamline trading activities. This, combined with a serviceable customer support system, makes for a smooth trading journey. However, one must be aware of the responsibility that comes with high leveraging options and consider perils, especially in an unregulated setting.

worldword
2023-12-04
Neutral
CH Markets Review: 1:1000 Leverage & Varied Instruments, Yet Unregulated Caution Needed

Hello all! Recently came across this new trading platform named CH Markets. The wide variety of market instruments they offer is something that caught my attention, ranging from Forex and stocks to commodities and even cryptocurrencies. I found their trading platform, MT5, to be quite effective and user-friendly. However, what intrigued me was their offering of 1:1000 leverage - but beware; without regulation, do take your steps cautiously. Their customer support is available round-the-clock via multiple contact channels including email, live chat, telephone, and even online messaging, providing good backing when needed. Overall, I'll give them three stars.

G. ༽
2023-12-01
Exposure

If you have a profit, they will start calling customers to order orders that deviate from the market to cancel your account. Until you can no longer add capital, you will automatically cut losses and withdraw the surplus money.

an3559
2023-09-10
Exposure
Scam platform

For new RMB who do not know anything about trading, the expert market will not have instructions on trading and capital management % of safe margin. that leads, requires RMB to follow orders and a large volume of experts to keep the account on red alert and continuously requires a few times more capital than the initial capital to keep the account and gradually remove the order. Appointment on the floor to meet directly, exchange sales solutions for the reason that they do not want to meet experts, then support via telegram. Using a Vietnamese phone number, it is said to support working in Singapore in order to easily avoid and block NDT

FX2554072582
2023-04-19
Exposure
A saff talking nonsense

Please help me with this problem, it's very annoying. was a stupid chat

haidang255
2023-03-31
Positive

Thank you Chmarket's expert team, thank you Cong Minh for helping me make monthly profits from the market. Thanks for everything

thanh hoa
2023-03-23
Neutral

CH Markets' customer support staff really seemed to try hard to help me with my EXTREMELY slow connection to the trading platform. No luck. It is probably my computer.

净心
2023-02-28
Exposure
Platform CH Markets scams, customers depositing transactions and withdrawing orders, customer support staff open 2-way orders, resulting in account liquidation

Platform CH Markets for the support staff to constantly ask customers to top up to receive a negative account rescue bonus, deliberately put a 2-way buy and sell order to confine the order. if customers withdraw money, the exchange will not approve it during the day, intentionally leaving it for the next day to increase transaction fees and overnight fees to reduce the free margin for customers who cannot withdraw money, leading to order suspension, account liquidation. deposited $10500 and as a result, the account was liquidated.

Nguyen658
2023-02-22

  

CH Markets 2025 Review: Everything You Need to Know

  Summary: CH Markets, an offshore forex broker, has garnered significant scrutiny due to its lack of regulation and mixed user reviews. While it offers various account types and trading platforms, many users report withdrawal issues and questionable practices.

  Note: Due to the presence of multiple entities operating under the CH Markets brand, the evaluation of this broker considers the potential risks associated with unregulated offshore trading platforms.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 4
Tools and Resources 5
Customer Service and Support 6
Trading Setup (Experience) 5
Trustworthiness 2
User Experience 3

  We evaluate brokers based on a comprehensive analysis of user feedback and expert opinions.

  

Broker Overview

  Established in 2023, CH Markets operates under the brand name of Mode 8 Limited, registered in Saint Vincent and the Grenadines. This broker primarily offers trading through the MetaTrader 5 (MT5) platform, catering to forex, commodities, indices, and cryptocurrency markets. Despite its claims of being regulated by the Financial Services Regulatory Authority (FSRA) of Saint Vincent and the Grenadines, it lacks credible oversight from reputable financial authorities such as the UK's FCA or Australia's ASIC.

  

Detailed Information

  •   Regulated Geographical Areas: CH Markets claims to be registered in Saint Vincent and the Grenadines. However, the FSRA does not provide the necessary regulatory oversight for forex brokers, raising significant concerns about the safety of client funds.

  •   Deposit/Withdrawal Methods: The broker accepts deposits via bank transfers and credit/debit cards. However, there are reports of difficulties when attempting withdrawals, which have been flagged by numerous users as a major red flag.

  •   Minimum Deposit: Specific minimum deposit requirements are not clearly stated across various sources, indicating a lack of transparency.

  •   Bonuses/Promotions: CH Markets offers a 100% bonus on initial deposits, a tactic often used by unregulated brokers to attract new clients.

  •   Tradable Asset Classes: Users can trade a variety of instruments, including forex pairs, commodities, indices, and cryptocurrencies. However, the actual variety and liquidity of these assets may vary.

  •   Costs (Spreads, Fees, Commissions): The standard account offers spreads starting from 1.1 pips, while the zero spread account may charge commissions ranging from $0 to $10 per lot. Users have reported that costs can be unpredictable, and additional fees may apply.

  •   Leverage: CH Markets offers a high leverage of up to 1:1000, which can amplify both profits and losses. This high leverage is a double-edged sword, especially for inexperienced traders.

  •   Allowed Trading Platforms: The primary trading platform offered is MetaTrader 5 (MT5), which is widely recognized and provides various trading tools and functionalities.

  •   Restricted Regions: CH Markets does not service clients from certain jurisdictions, including the United States, Canada, and Japan, which is a common practice among unregulated brokers.

  •   Available Customer Support Languages: The broker provides support in English, but the quality and responsiveness of customer service have been questioned by users.

      

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    Ratings Breakdown

    •   Account Conditions (4/10): The lack of transparency regarding minimum deposits and withdrawal processes has led to a low score in this category. Users have expressed frustration over unclear account conditions and hidden fees.

    •   Tools and Resources (5/10): While CH Markets provides access to the MT5 platform and some trading tools, the lack of educational resources and market analysis tools limits the overall trading experience.

    •   Customer Service and Support (6/10): Customer support is available via phone, email, and live chat. However, users have noted that support can be unresponsive or slow, especially during withdrawal requests.

    •   Trading Setup (5/10): The trading setup is generally user-friendly, but issues with execution speed and slippage have been reported, affecting the overall trading experience.

    •   Trustworthiness (2/10): Given the broker's unregulated status and numerous user complaints regarding withdrawal issues, trustworthiness is a significant concern.

    •   User Experience (3/10): The overall user experience is marred by negative reviews and reports of scam-like behavior, making it difficult for traders to feel secure.

        

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      Detailed Breakdown

      •   Account Conditions: Users have reported that CH Markets does not clearly outline its account conditions, leading to confusion and frustration. This lack of clarity is a significant drawback, as prospective traders need to understand the terms before committing their funds.

      •   Tools and Resources: While the MT5 platform is robust, the broker fails to provide adequate educational resources or market analysis tools to assist traders in making informed decisions.

      •   Customer Service and Support: Although there are multiple channels for customer support, the effectiveness of these channels is questionable. Many users have reported delays and unresponsive service, particularly when attempting to withdraw funds.

      •   Trading Setup: The trading experience is generally satisfactory with MT5, but issues with execution speed and slippage have been noted, which can lead to unexpected losses.

      •   Trustworthiness: The absence of regulatory oversight and numerous complaints about withdrawal issues paint a concerning picture of CH Markets. Users are advised to be cautious and consider regulated alternatives.

      •   User Experience: The general sentiment among users is negative, with many expressing dissatisfaction with the broker's practices and overall reliability.

        In conclusion, CH Markets presents itself as a broker with a wide range of trading instruments and competitive trading conditions. However, significant concerns regarding its regulatory status, user experiences, and withdrawal issues overshadow its offerings. Traders are strongly advised to conduct thorough research and consider regulated alternatives before engaging with CH Markets.