简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:In this article, we will conduct a comprehensive examination of CA Markets, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Background:
Founded in 2015 and headquartered in Sydney, CA Markets Limited, operating as CA Markets Global (also known as CA Markets), is an online brokerage specializing in the trading of exchange CFDs.
CA Markets offers a diverse range of over 1000 tradable assets, including currency pairs, agricultural contracts, cryptocurrencies, commodities, government bonds, interest-rate instruments, and global indices.
In addition, CA Markets provides a social trading service called CA Markets Copy Trading, which enables money managers and traders to enhance efficiency, increase profitability, and generate passive income through copy trading.
CA Markets also supports Algo Trading via the renowned MetaTrader 5 trading platform.
CA Markets offers several partnership programs, including an Introducing Broker (IB) program with a competitive rebate structure and high trading standards, an affiliate program with scheduled and attractive payouts for driving traffic, and a white label program designed for individuals or companies aiming to establish their own Forex brokerage. Additionally, CA Markets provides advanced technology to seamlessly connect businesses with a wide range of liquidity providers, offering tailored solutions to meet specific business needs.
It is important to note that, at present, CA Markets does not offer its services to residents of Vanuatu, the USA, or countries listed as NCCT by the FATF (as of 2024, these include Iran, North Korea, and Myanmar).
Types of Accounts:
CA Markets offers three account options: the Standard Account, the Pro Account and the Ace Account. Please refer to the attached image below for more detailed information on each corresponding account.
Deposits and Withdrawals:
CA Markets offers a range of deposit methods, including UnionPay, ChipPay, 9Pay, Help2Pay, Crypto Wallet, bank transfers, and additional methods. While CA Markets asserts a policy of not imposing any commission or fees for deposits and withdrawals, it is important to note that any fees levied by third-party providers shall be the responsibility of the trading client. In conjunction with this, CA Markets claims that it will waive fees charged by the merchant service provider if clients meet the minimum trading requirement of 0.2% of the deposit amount in round lots. Otherwise, a funding fee of 3% will be charged during client withdrawals.
Trading Platforms:
CA Markets only offers the MetaTrader 5 (MT5) as its trading platform. The MT5 platform, available on PC, mobile, and web, is known for its technological sophistication, providing access to a depth of market and various advanced solutions.
MT5 features technical analysis tools, customizable charts, automated trading through Expert Advisors (EAs), and a wide array of indicators to assist traders in making decisions. Its multi-asset capabilities and execution speed make it suitable for both novice and experienced traders. MT5s versatility, user-friendly interface, and access to real-time market data provide a platform for engaging in online trading across multiple financial instruments.
Research and Education:
No research or educational resources could be found on CA Markets official website. Compared to its industry peers, CA Markets is lacking in this department, as it is common for brokers to provide an extensive array of free resources for the benefit of their trading clients.
Customer Service:
CA Markets has four offices located in Sydney (Australia), Melbourne (Australia), Toronto (Canada), and Auckland (New Zealand). Clients can contact the broker at any of these offices using the contact information provided below.
Additionally, trading clients can contact the broker through its live chat service on its official website or via email at info@camarkets.com. Notably, CA Markets' website is currently available only in English, suggesting that its customer service support may be limited to English-savvy clients.
Conclusion:
To summarize, here's WikiFX's final verdict:
WikiFX, a global forex broker regulatory platform, has assigned CA Markets a WikiScore of 5.23 out of 10.
Upon examining CA Markets' licenses, WikiFX found that the broker is regulated by the Vanuatu Financial Services Commission (VFSC) with license number 700714, classifying it as an offshore-regulated broker.
However, the broker exceeds the business scope regulated by New Zealand's Financial Service Providers Register (FSPR) with the non-Forex license number 1002179, rendering this license invalid.
Additionally, CA Markets' license number 523351, which is purported to be issued by the Australian Securities and Investments Commission (ASIC), is suspected to be a clone.
Therefore, WikiFX would urge our users to opt for a broker that has a higher WikiScore for better protection.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
Spartan Capital Securities, LLC, a brokerage firm, has agreed to a settlement with the Financial Industry Regulatory Authority (FINRA), which includes a fine of $115,000, a censure, and the requirement to retain an independent consultant.
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.