CPT Review Forex Broker & Trading Markets Legit or a Scam

Score

3.5/5

Min Deposit

$20

Min Spread

Variable spreads

Regulation

FSCA, FSA

Max Leverage

1:0000

Calls, Email, and Feedback Form

Positive Ratings

60%

Neutral Ratings

25%

Negative Ratings

15%

Company Summary

Aspect	Information
Registered Country/Area	Belize
Founded Year	2016
Company Name	CPT
Regulation	FSCA, FSA
Demo Account	Available
Minimum Deposit	$20
Maximum Leverage	1:0000
Spreads	Variable spreads
Trading Platforms	cTrader, MetaTrader 4 and MetaTrader 5.
Customer Support	Email, Live Chats, Contact Forms
Payment Methods	Not Available

Introduction

CPT is an online trading platform that provides multiple assets and a user-friendly approach. It has been regulated by top-tier financial authorities that offer secure and transparent trading. It provides robust trading opportunities to investors with different skills and needs. The platform provides detailed information about fees, educational resources, and more.

This CPT review discusses the various features that establish reliability in trading.

CPT Overview

CPT is a growing trading platform offering a seamless trading experience. It is a well-regulated trading platform that provides safety. The platform offers advanced features like tight spreads and leverage options. The platform has market tools and learning resources for a perfect learn-and-grow balance.

CPT markets operates on MetaTrader 4, MetaTrader 5, and cTarder platforms. These platforms provide traders with advanced trading tools and features. These enhance the trading experience of the traders.

Trading Instruments

CPT offers traders numerous trading products to trade. It allows traders to create a better portfolio with various trading conditions. The top trading products you get access to are:

Forex

The platform provides numerous currency pairs including major, minor, and exotic.

Stocks

Access to global stock exchanges, offering detailed stock data and charting options.

Crypto

CPT crypto market helps you learn more about cryptocurrencies. It offers multiple digital trading opportunities to trade.

Indices

Major market indices are available for analysis, helping traders make informed decisions.

Account Types

CPT caters to different trading needs by offering various account types:

Classic Account

The basic and simple account type offers features like stop out, margin calls, and advanced tools like technical indicators. Traders with limited budgets and knowledge can easily access these accounts.

ECN Account

The account is created for traders with a high level of trading experience. To open a ECN account you need to deposit 1000 dollars. The account offers low spreads starting from 0.1 pips.

Prime Account

These are the top-tier accounts that offer tight spreads and high leverage. This account provides commission-free trading with a dedicated account manager.

CPT also provides Demo accounts for traders to practice their skills and learn without investing real funds. These accounts offer virtual funds to the traders.

Deposits and Withdrawal

CPT offers users different payment options on the platform. This ensures traders’ comfort and provides seamless transactions. The withdrawals can take up to 3 business days depending on the payment option.

The deposits at CPT are processed instantly.

The platform does not imply any extra charges or commissions for the deposits. The minimum deposit for a classic account starts from 20 dollars.

However, for ECN and Prime accounts it is 1000 dollars.

Well-Regulated Trading Platform
Secure Accounts

Limited information about Charges

Fees and Commission

CPT operates with a transparent fee structure, ensuring traders are well aware of the costs involved in trading:

Spreads

CPT offers competitive spreads that vary depending on the account type. The Classic Account may have wider spreads, while the ECN and Prime accounts offer tighter spreads to attract experienced traders.

Commissions

On Classic account types, CPT may charge commissions per trade. However, the other account types provide commission-free trading.

Overall, CPT’s fee structure is competitive, but traders should consider the potential costs involved when planning their trading activities.

Security and Regulations

Security and regulation are vital aspects when choosing a forex broker. CPT prioritizes client safety through several measures:

Regulatory Compliance

CPT is registered under a reputable regulatory body like FSCA and FCA. These regulations help platforms adhere to financial industry standards, ensuring smooth trading practices.

Client Fund Segregation

The platform has segregated accounts for traders in secure banks. These help traders keep the funds safe.

Customer Support

CPT offers a dedicated customer support team to assist traders with various concerns:

Live Chat

The live chat feature on CPT’s website provides instant assistance for quick queries.

Email Support

The platform provides email service for different departments at the platform. It ensures quick responses for clients.

Is CPT a Scam?

CPT is a well-regulated trading platform that ensures secure trading practices. It is regulated by authorities like the FCA and FSCA. The platform is created to meet various trading goals and needs.

Apart from this, the platform provides a transparent and user-centric approach that ensures seamless trading.

Lastly, it ensures that traders understand the platform. CPT is a credible and legitimate trading platform for your trading process.

Conclusion

CPT is a user-friendly online trading platform that offers multiple products and top features for trading. The platform provides reliable and attractive options for traders. The platform ensures the safety of the client’s funds during transactions.

Lastly, CPT has grown to be a safe and legitimate trading platform.

FAQS

Is CPT regulated?

Yes, CPT operates under regulatory oversight including FSCA and FCA. This ensures compliance with industry standards and practices.

Can I open an Islamic account with CPT?

Yes, CPT provides Islamic (swap-free) accounts for traders who adhere to Sharia law.

What is the minimum deposit for a CPT account?

The platform offers a minimum deposit of 20 dollars for a classic account. However, it has a 1000 dollar minimum deposit for other account types.

Does CPT charge withdrawal fees?

Withdrawal fees may apply based on the method used. CPT’s terms and conditions provide details on potential fees.

Is my money safe with CPT?

CPT segregates client funds into separate accounts to protect clients’ capital, in line with regulatory requirements.

Does CPT offer educational resources?

Yes, CPT provides various educational materials, including tutorials, webinars, and market analysis, to help traders improve their skills.

What leverage does CPT offer?

Leverage varies depending on the account type and trading instrument. Traders should refer to CPT’s website for specific leverage ratios.

Is CPT suitable for beginner traders?

Yes, CPT offers a Standard Account with user-friendly platforms and educational resources, making it suitable for beginners.