Altcoin News
CMarkets Group Review
Company Overview
CMarkets Groups is a safe and reliable platform for cryptocurrency trading established in 2020 and owned by Click World Ltd. It is specialized in providing cutting edge trading technologies for customers all around the world, except citizens or residents in the United States.
Safety is one of the main priorities of the company, which is why it uses an industry-leading system operating through offline signature to ensure the safety of each transaction.
The cryptocurrency market represents a relatively-new concept for the broader audience, making the provision of expert guidance the main concern for CMarkets Group. That’s why the broker offers tools and professional advisement to aspiring new traders.
At the same time, fee transparency will ensure that clients won’t be caught up by surprise with any surprise fee. Customers can find more about the fee policy by visiting cmarketsgroup.com and reading the full terms and conditions.
With a trading infrastructure optimized specifically for cryptocurrencies, CMarkets Group should be part of our review series and in today’s article, we’ll try to talk about some of their most important trading features.
Trading Platform
We start with SIRIX, the proprietary platform of CMarkets Group, which is a very flexible software available in versions for Android, iOS, desktop, and browser. There’s no support for MetaTrader, but the platform comes with all the regular trading and a few extra. One-click execution will make it faster to open a trade when volatility spikes. The user-friendly interface will help beginners understand quickly how to use the platform and open trades.
Social trading is one of the main features of CMarkets Group. It allows customers to copy trades placed by top-ranked traders. The good news about it is that it comes integrated into SIRIX and gets updated in real-time once an expert places a trade. Given the clear and intuitive dashboard, all clients have to do is press the “Copy” button and they’ll automatically open a similar trade on their account.
Chart analysis, news & an economic calendar will enable traders to conduct their own technical and fundamental analysis to find trading opportunities. With SIRIX for mobile, they will be constantly in touch with the latest developments, monitor existing trades, or place new ones when a trading setup is spotted. CMarkets Group claims that “trading is in your pocket” with SIRIX.
Account Types
Despite a lack of diversity when it comes to trading platforms, CMarkets Group compensates when it comes to account types. Traders wanting to open an account can choose between:
- Starter
- Advanced
- Pro
- Expert
The started Account requires a $1,000 deposit and in exchange, traders will get to trade on cryptocurrencies with up to 1:200 leverage. At the same time, they get access to one live monthly webinars, assistance from an account manager, and free access to the SIRIX platform. Similar features are offered for an Advanced Account, which includes expert advisers, in addition to the ones previously mentioned.
For Pro and Expert Accounts, the maximum leverage increases to 1:500, and several other features kick in. Automated strategies, unlimited webinars, weekly reports, crypto experts, or in-depth research are just a few of them. Customers must deposit more money to get access to all of these privileges.
However, all registered clients will be able to trade 100+ crypto assets, more than what any other broker is currently offering. Bitcoin, XRP, Ether, Litecoin, Dash, Monero, ZCash, IOTA, and Stellar are just a few of the tokens available for trading. Flexible spreads and overnight swaps are the only trading costs.
The minimum deposit via credit/debit card is $250. Also, customers must be aware that there are fees associated with withdrawals, depending on the amount.
Customer Service
Providing customer service for clients had not been neglected by CMarkets Group, with several channels of communication currently set up. To get in touch with a representative, customers can call at +44 2038-070454 or use the support email address support@cmarketsgroup.com. Additionally, the FAQ section and the information available on the website should provide enough clearance for those looking to find out more about CMarkets Group.
Summary
CMarkets Group is a relatively new trading brand, but it comes with a very promising offer. It’s one of the few companies that offer access to such a wide range of cryptocurrencies. At the same time, there a trading infrastructure developed to make cryptocurrency trading available for the wider public.
One should not forget that crypto trading involves risks, but with the resources available at CMarkets Group, anyone can learn how to trade, as long as there’s a willingness to learn and develop some skills. We did not find any relevant proof suggesting the company is a scam, which makes CMarkets Group a suitable broker to trade cryptocurrencies. Share your experience below, in case you already have a live account.
CMarkets Group Review
Product Name: CMarkets Group
Product Description: CMarketsGroup.com is an online trading brand providing access to 100+ contracts based on cryptocurrencies. With wide coverage of the crypto market, the company is one of the best-suited choices for traders that want to focus on one of the fastest-growing markets. Established in 2020, this is a brand that had taken all the data available and integrated the latest technologies to provide enhanced trading conditions.
Brand: CMarkets Group
Offer price: 100$
Currency: USD/EUR/GBP
Offer URL: https://cmarketsgroup.com/
-
Trading Platform
-
Languages
-
Spread
-
Support
Summary
CMarkets Group is a relatively new trading brand, but it comes with a very promising offer. It’s one of the few companies that offer access to such a wide range of cryptocurrencies. At the same time, there a trading infrastructure developed to make cryptocurrency trading available for the wider public.
Pros
- The most diverse offer, with more than 100 contracts based on cryptocurrencies.
- SIRIX platform designed for the challenges of the crypto market.
- A Broad offer of trading features enhancing the trading process.
Cons
- High spreads for low-liquid instruments.
- Relatively high initial deposits required.
