CLM Forex revisão

On-line since: 2014
Country of origin: Australia
Regulation: ASIC
Payment options: wire transfer, Visa/MasterCard, Neteller, Skrill
Minimum account size: $200
Minimum lot size: 0.01
Leverage: up to 1: 400
Spreads: floating, from 0 pips

About the company:

CLM (Core Liquidity Markets) is an Australian broker managed by Core Liquidity

Markets Pty Ltd., regulated by the Australian Securities & Investments Commission (ASIC).

CLM Forex offers trading in currencies, indices, CFDs, binary options and commodities.

Safety of funds

ASIC requires that licensed companies meet certain requirements and comply with various rules. Client funds are held in accordance with ASIC requirements in segregated client trust accounts.

As for the minimum capital requirement, forex brokers must have at least $1 million. In comparison, the FCA of Great Britain requires that forex brokers have at least 730,000 euros.

However, unlike other European brokers (in Cyprus and the UK), Australian companies are not required to participate in funds compensation programs.

Trading conditions

Core Liquidity Markets offers three different account options to its users: standard without commission, the Core Standard and the Core Pro accounts with lower spreads, but with a commission.

Micro-lots are available for trading in a standard account. The broker also provides free demo accounts.

Another broker's offer is binary options. Available assets: 29 currency pairs. CLM offers the contract expiration time from 60 seconds to 2 hours and attractive payments – up to 85% with zero commissions.

Deposit

Traders are required to deposit a minimum of $200 to open an account with the company. This is not the highest offer among all brokers, however there are dealing centers suggesting the trading from $1.

CLM offers variable spreads in an interest-free account that make up to 1.3 pips for EUR/USD, which is the standard for the forex market. The Pro account provides lower spreads, on average up to 0.3 pips for EUR/USD, but also includes a commission of $3.5 for a standard lot. Accordingly, the trade costs of such account holders are about 1.0 pips including commission.

Leverage

Customers can take advantage of leverage up to 1:400, which is considered the average offer. In some jurisdictions, the leverage limit is significantly lower, for example, 1:50 in the US.

Most brokers usually offer leverage up to 1:200 or 1:400. However, many brokers provide leverage ratios equal to or greater than 1:500.

Trading platforms

This broker offers its clients various trading platforms: MetaTrader 4, WebTrader, Mobile Trader and MetaFx (MAM / PAMM).

WebTrader is a web-based platform that supports all modern browsers and synchronizes with your MT4 account in real time.

A fully customizable graphical package with technical indicators and capital management tools.

Like most brokers, CLM supports the most widely used MetaTrader 4 platform (MT4). Note that traders can also trade binary options using the platform. For this you need to install a special plug-in.

MT4 provides all the tools and resources that a trader needs: a set of technical indicators, an extended set of diagrams, a wide range of expert advisors and an extensive testing opportunities. Using EAs, traders can entrust all work to advisors which can fully automate the trading.

Moreover, CLM provides MAM/PAMM accounts. Multi-Account Trader is built into the MT4 platform. Traders can independently configure various parameters.

Payment Methods

CLM offers its clients various ways of deposit/withdraw of funds: through a credit/debit card (Visa, MasterCard), wire transfer, Neteller, Skrill, WebMoney and China UnionPay.

Customers can use the following currencies to work in their accounts: AUD, USD, GBP and EUR.

Pros:

• Regulated broker
• MT4 is available
• Trade in binary options, indexes, commodities and CFDs from one account
• Choice of several trading accounts.

Cons:

• No Islamic accounts.