Independent rating of Forex broker CLMarkets

About company

Core Liquidity Markets is a trade name of CLMarkets Ltd. The forex broker is an OTC financial services provider offering traders access to a wide range of speculative and hedging products from a single interface. CLMarkets has been offering its services to retail investors, asset managers, and professional traders from over 100 countries since 2013. Interestingly, the company's official website does not contain any information about the financial authority that regulates CLMarkets’ activity.

Trading conditions

• trading instruments: currency pairs, cryptocurrencies, indices, stocks, and commodities
• two types of accounts
• more than 50 currency pairs
• micro lots
• Expert Advisor (EA)
• scalping
• MetaTrader 4
• hedging
• 30 days demo account
• base currencies: USD, GBP, EUR
• above 100 trading instruments.

Trading platform

CLMarkets offers trading on the popular MetaTrader 4 platform. The MetaTrader 4 (MT4) trading platform is classic software with an arsenal of features and a wide range of tools for effective technical analysis. Holders of the Pro account gain access to Expert Advisors and robots for automated trading.

Support service

The CLMarkets support service works 24/6. Clients can get answers to their questions via live chat, email, or phone. All contact details are featured on the website.

Traders’ reviews

There are only a few reviews about CLMarkets Forex on the Internet and the majority of these comments are negative. Traders call CLMarkets a scammer, accusing it of stealing funds and being dishonest with clients.

Advantages:

• no commissions for deposits
• affiliate program
• wide choice of trading instruments
• demo account
• MetaTrader4

Disadvantages:

• problematic funds withdrawing
• lack of the regulatory authority
• many negative reviews