CA Markets Forex Review

Read our full CA Markets review to get exact details about their safety, accounts, spreads, platforms, assets, support, and many more. Our unbiased CA Markets opinion allows our readers to decide whether CA Markets is a reliable broker.

CA Markets Forex Broker History

CA Markets is a regulated Forex and CFDs broker that is registered and operated in multiple jurisdictions like Australia and New Zealand. It has been providing trading services since its establishment in 2020, making it a decently experienced broker in its industry. The broker lacks some crucial features like live chat while offering some attractive conditions.

CA Markets broker safety

When it comes to safety, regulatory licenses are critical. Brokers that are not regulated can not be trusted. In the case of CA Markets, there are multiple jurisdictions where the broker is regulated. Here is a list of all entities overseen CA Markets broker:

• Vanuatu Financial Services Commission (VFSC)
• Australian Securities and Investments Commission (ASIC)
• New Zealand Financial Service Provider (FSP)

Since the broker holds licenses from three different regulators, it is relatively safe. The Australian ASIC is an especially reputable regulator and brokers under its license tend to be reliable and ethical.

The one important disadvantage of CA Markets is the absence of negative balance protection, which is a crucial policy ensuring traders never get into minuses and if they do, they won’t become liable for losses beyond their account balance. While the broker has protective stop-out technology to cut losses beyond the trader’s balance, in a scenario where volatility gets extreme, this measure could fail leading to liabilities.

CA Markets keeps trader money in segregated bank accounts, ensuring traders’ money is separate from the broker’s operational funds.

CA Markets Broker Review of Accounts

CA Markets offers a wide range of different accounts to attract traders at all experience levels and trading styles. There are standard, pro, and ace account types offered and each of them comes with different offerings.

The CA Markets Standard trading account offers the following:

• Minimum deposit – $20
• Maximum leverage – 500:1
• Spreads from – 1.5 pips
• Commissions – No
• EAs allowed – Allowed
• Hedging – Allowed

The CA Markets Pro trading account offers the following:

• Minimum deposit – $20
• Maximum leverage – 500:1
• Spreads from – 1 pip
• Commissions – No
• EAs allowed – Allowed
• Hedging – Allowed

The CA Markets Ace trading account offers the following:

• Minimum deposit – $100
• Maximum leverage – 500:1
• Spreads from – 0.0 pips
• Commissions – $3.5 per side per lot
• EAs allowed – Allowed
• Hedging – Allowed

As we can see, both standard and pro accounts are commission-free and pro is more competitive with lower spreads as all other conditions are the same. The Ace account is for traders who use strategies that need the lowest spreads possible.

CA Markets instruments

CA Markets trading instruments are diverse as the broker offers access to a wide range of different asset classes, like FX pairs, commodities, indices, cryptos, and even treasuries. Treasuries consist of main instruments traded in euros and there are also agricultural commodities offered, which is competitive. The broker does not offer access to stocks, which is a minor drawback.

CA Markets Reviews of Trading Platforms

The broker also excels in trading platforms as it offers access to advanced trading platform, MT5, and allows traders to use not only Expert Advisors (EAs) but provides copy trading services. Mobile trading is accessible using the MT5 app which is available on all mobile platforms like iOS and Android. Trading on the go coupled with automated trading capabilities makes the broker competitive.

CA Markets Forex Review of Extra Features

CA Markets does not offer many extra features but there are some features that might be attractive for some traders. The broker offers copy trading services and there is a free VPS service available. However, there are not many details offered for the VPS services, which is a drawback.

The broker also offers educational resources like articles, free economic calendars, and market insights.

CA Markets Reviews of Customer Support

CA Markets falls short in customer support experience as it only offers an email channel. While the broker provides addresses for its physical offices in Australia, New Zealand, and Canada, there are no phone numbers available, which is a red flag. No live chat and phone support make it a lengthy process to contact your broker when you have an emergency, making it time-consuming to resolve urgent matters.

CA Markets Deposit and Withdrawal

The broker promises instant withdrawal processing, which if true, is incredibly rare and competitive in this sector. However, while deposits support a multitude of payment options, withdrawals can only be made via a handful of payment methods like BTC, wire transfers, UnionPay, and bank wires. Deposits, on the other hand, can also be made via ChipPay, 9Pay, and many more. Deposits incur no fees and the broker waves back commissions on withdrawals.

CA Markets Review Conclusion – can you trust CA Markets?

CA Markets is a decently safe broker with regulation in three jurisdictions and access to an advanced MT5 platform and copy trading. It’s well-suited for beginner traders as minimum deposit requirements are very low from 20 dollars. There are several account types and 1:500 leverage. However, limited customer support and lack of negative balance protection are serious downsides. Traders are advised to stay cautious and test withdrawals and support responsiveness before committing serious capital.

FAQs on CA Markets

Is CA Markets a scam?

CA Markets scam is highly unlikely as the broker is very well-regulated in multiple jurisdictions like Australia, Vanuatu, and New Zealand.

What is the CA Markets minimum deposit?

The minimum deposit starts at $20 for Standard and Pro accounts and $100 for the Ace account.

Is CA Markets a cheap broker?

Yes, especially for beginner and mid-level traders. The pro account has spreads from 1 pip and Ace offers zero-spread trading experience.