CLMarkets Journal (Broker out of business)

Journal status: closed
CLMarkets out of business
CLMarkets Profile
Website
www.clmforex.com
Year
2013
Country
SVG
Branches
2
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Australia, Japan, Spain, US
Broker type
MM, DMA, ECN pricing
Dealing book
A+B hybrid book, A-book
Tier
3
Execution speed
...
LPs total
10
LPs quality
Tier-1 Banks
LPs names
Barclays, Citibank, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Lucid Markets, Morgan Stanley, UBS

CLMarkets Accounts
MM
ECN
Minimum Deposit
100 $
500 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.3 pips
0 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
40 lots
40 lots
Margin Call
80 %
80 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, Bitcoin, Boleto
Base currency
USD, EUR, GBP
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
Update broker

Is CLMarkets safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is CLMarkets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • CLMarkets website: highly detailed, updated ★★★★★
  • CLMarkets popularity (by visitor count): low visits ★★

How CLMarkets works



..our ECN account provides traders access to ultra-low, direct raw pricing with no markup and a very small commission cost per trade.


CLM shall have the right, at its sole discretion, to determine the mark to market value from time to time.

Rate indications from CLM are available via the Online Platform(s). The Rate indication is not binding, and the Client agrees to accept the prices offered by CLM when the Contract is executed.

Does CLM Allow EAs -yes, but we reserve the right to disable these on a client by client basis


Our spreads are variable with a price feed aggregated form leading banks and institutions.



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