✔️ Information reviewed and updated in March 2024 by Eduardo López
Opinions and information about the broker CLMarkets
¿It is the CLMarkets broker (also known as clmforex.com or Core Liquidity Markets) really reliable? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The CLMarkets broker is a broker of: Forex, Cryptocurrencies and CFDs.
The broker mentions to be part of: CLMarkets Ltd.
CLMarkets is based in: Saint Vincent and the Grenadines.
If we talk about regulation, CLMarkets website does not mention absolutely anything about being regulated, CLMarkets is an unregulated broker.
We will continue to analyze the different account types that CLMarkets offers. In the case of CLMarkets, we note that they have 2 different plans or types of account: the Standard Account and the ECN Account.
Standard Account: Support 24 hours 6 days a week, trading tools, spreads from 1.3, commission (per side) $ 0, maximum leverage of 1: 500. Minimum initial deposit of $ 100.
ECN account: Support 24 hours 6 days a week, trading tools, spreads from 0.0, commission (per side) of $ 3.5, maximum leverage of 1: 500. Minimum initial deposit of $ 500.
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The platform used for trading is the MT4 platform.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: some explanations of the products that CLMarkets offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
Additional information about the company
Clarification: The investment company CLMarkets works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with.
Why? It is an unregulated broker, it is based in very unsafe countries (Saint Vincent and the Grenadines), when looking for information and other ratings about CLMarkets we found a large number of negative reviews.
January 2021 update: CNMV, financial regulator of Spain, has denounced CLMarkets due to fraudulent maneuvers.
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