CPY Broker Review

　　

CPY 2025 Review: Everything You Need to Know

　　Summary:

　　CPY, a forex broker based in Hong Kong, has garnered mixed reviews from users and experts alike. While it is recognized for its regulatory compliance and variety of trading services, concerns regarding high fees and limited educational resources have been raised. The proprietary trading platform and multiple account types are notable features that may appeal to different trader profiles.

　　Note:

　　It's essential to be aware that CPY operates under different entities across regions, which can affect the trading experience. This review aims to provide a balanced perspective based on various sources, ensuring fairness and accuracy.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	5
Customer Service and Support	7
Trading Setup (Experience)	6
Trustworthiness	7
User Experience	5

　　We evaluate brokers based on user feedback, expert reviews, and factual data.

　　

Broker Overview

　　Founded in 2007, Core Pacific Yamaichi International (H.K.) Ltd., commonly known as CPY, is a regulated financial broker headquartered in Hong Kong. The brokerage is licensed by the Securities and Futures Commission (SFC) of Hong Kong, which oversees its operations related to futures contracts. CPY offers a proprietary web-based trading platform called T SCI, differing from popular platforms like MetaTrader 4 or 5. The broker provides access to various asset classes, including forex, stocks, CFDs, commodities, and cryptocurrencies, catering to a diverse clientele.

　　

Detailed Insights

　　

Regulatory Regions

　　CPY operates primarily under the jurisdiction of the Hong Kong SFC. This regulatory oversight ensures that CPY adheres to strict guidelines designed to protect investors. According to WikiFX, CPY has maintained a positive regulatory track record with no significant negative disclosures.

　　

Deposit/Withdrawal Currencies

　　CPY supports various deposit and withdrawal methods, including bank wire transfers and e-wallets like Skrill and Neteller. However, the specific currencies accepted for transactions were not explicitly detailed in the sources.

　　

Minimum Deposit

　　The minimum deposit to open an account with CPY varies by account type. For the standard account, the minimum deposit is USD 500, while the pro account requires USD 20,000, and the VIP account demands a hefty USD 100,000. This tiered structure allows traders to choose according to their investment capabilities.

　　

Bonuses/Promotions

　　Information regarding specific bonuses or promotions was limited in the sources. It appears that CPY does not prominently advertise any promotional offers, which could be a consideration for prospective traders.

　　

Tradable Asset Classes

　　CPY provides a wide array of tradable assets, including forex pairs, stocks, CFDs, commodities, and cryptocurrencies. This diverse offering enables traders to explore various markets and implement different trading strategies.

　　

Costs (Spreads, Fees, Commissions)

　　The cost structure at CPY includes spreads starting from 1.2 pips for standard accounts, 0.8 pips for pro accounts, and as low as 0.6 pips for VIP accounts. While these spreads are competitive, some users have expressed concerns about overall fees being higher than average, which could impact trading profitability.

　　

Leverage

　　CPY offers leverage of up to 1:2000 for pro accounts, which is significantly higher than many competitors. However, this high leverage comes with increased risk, and traders should use it judiciously.

　　

Allowed Trading Platforms

　　Unlike many brokers that offer MetaTrader platforms, CPY only provides its proprietary T SCI platform. While this platform includes essential trading tools and features, it may not be as familiar to traders accustomed to using MT4 or MT5.

　　

Restricted Regions

　　While the specific regions where CPY operates were not detailed, it is suggested that the broker primarily serves clients in Hong Kong and surrounding areas, including China, Singapore, and the United States.

　　

Available Customer Support Languages

　　CPY offers customer support in English and Chinese, ensuring that it can cater to a diverse range of clients. Support is available via phone, email, and live chat, which many users have found to be responsive.

　　

Repeated Ratings Overview

Category	Rating (out of 10)
Account Conditions	6
Tools and Resources	5
Customer Service and Support	7
Trading Setup (Experience)	6
Trustworthiness	7
User Experience	5

　　

Detailed Breakdown

• 　　Account Conditions (6/10): CPY offers multiple account types catering to different trader preferences, but the high minimum deposits for some accounts could be a barrier for new traders.

• 　　Tools and Resources (5/10): The proprietary platform lacks the familiarity of MT4 or MT5, which may deter some users. Additionally, educational resources are limited, potentially hindering new traders.

• 　　Customer Service and Support (7/10): CPY provides various support channels, including 24/7 phone support, which many users have rated positively, though some have noted longer wait times.

• 　　Trading Setup (Experience) (6/10): The trading experience on CPY's platform is generally smooth, but the lack of popular trading platforms may limit user satisfaction.

• 　　Trustworthiness (7/10): As a regulated broker under the SFC, CPY maintains a level of trustworthiness, but mixed user feedback regarding fees raises some concerns.

• 　　User Experience (5/10): Overall user experience is average, with some users reporting dissatisfaction with fees and the platform's usability.

　　In conclusion, the CPY review reveals a broker that, while regulated and offering a range of services, may not fully meet the needs of all traders, especially those seeking a familiar trading platform and lower costs. Prospective clients should carefully consider their trading preferences and requirements before opening an account with CPY.