CLMarkets Review
CLMarkets Review
CLMarkets operates all over the world and was established in Australia. CLM has gained popularity among traders because of its reputation with various clients, who have been trading with them since 2013. They continue to gain more attention each year as they become increasingly popular. Let’s have an in-depth analysis & get an honest CLMarkets Review of its features.
Is Core Liquidity Markets CLM safe or a scam?
Core Liquidity Markets is a licensed company operating through two locations- one in Australia and the other in Saint Vincent and the Grenadines. The first location is registered under ASIC, while the second only registers financial firms but does not provide strict regulatory guidelines for companies to follow. Although this may seem risky, Core Liquidity Markets has obtained serious regulatory guidelines from ASIC that they respect- we consider them to be a safer forex broker!
Leverage
There are two ways to trade with Liquidity Markets and CLM, depending on your preference. The first way is using high leverage in the best forex ratio that the ASIC still allows for retail traders. The other one is trading by having your own “level” defined by the company, in compliance with regulatory restrictions. But make sure not to overuse this because it increases risks dramatically if you don’t know how to use leverage wisely!
Instruments
Core Liquidity Markets strives to offer various means of trading, which includes a diversified portfolio as well. There is also access to tailored services through the MAM program that provides different types of trading conditions specifically designed for investors who want the best out of their investments.
Account types
Core Liquidity Markets are a broker that offers two account types for those interested in trading. As the name suggests, ECN and Standard both offer great opportunities to engage in trading with small first deposits. They can be chosen according to an individual’s preference of all-inclusive spread costs or raw spreads plus commission charge per trade.
Fees
– Standard spreads start from 1.3 pips and ECN accounts have a spread of zero, with a commission of $3 per side.
– Core Liquidity Markets has some CLM spreads to show you below as well as an overview of the company at BDSwiss.
– You can either benefit from the interest rate or pay an extra fee if you go long after holding any position for more than one day (known as rollover). The base rate that determines this is different for each instrument – it can be calculated based on the base rates in those instruments.
Which payment methods does Core Liquidity Markets CLM accept?
Core Liquidity Markets will accept many different methods of payments, including Bitcoin transactions and credit or debit card purchases. Bank wire transfers and Skrill transfers are also accepted. Neteller is also an option for deposits to your account.
Minimum deposit
The minimum deposit for Core Liquidity markets is $100 for a Standard Account and $500 for a ECN Account.
| CLMarkts | |
|---|---|
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Minimum Deposit |
$100 |
Withdrawal fee
Core Liquidity Markets will waive the fees typically charged by your payments providers. If you are using Core Liquidity, deposits and withdrawals for all countries or other applicable charges that may apply to you are free of charge. That said, there is a 5$ minimum withdrawal fee in all cases where it applies overseas or domestically.
Trading Platforms
Besides its powerful trading capabilities, MT4 gives access to over 100 instruments available in one single account and interface. This also comes with servers located in LD4 delivering light-stream speeds for your executions and quotes from various liquidity providers due to MT4.
Conclusion - CLMarkets Review
Core Liquidity Markets has chosen MetaTrader4 as the most complete charting software and one of the most popular online forex trading platforms. It is both beginner-friendly and professional-friendly, which means it is among those who trade manually or automatically with strategies that are very well-known.
