CMarkets
CMarkets Group is a cryptocurrency trading platform that was established in 2019, with offices in Dominica. The CMarkets Group specializes in allowing people without any previous background in trading, easier access to the world of trading digital assets.
It allows doing so thanks to the latest technological proprietary solutions for cryptocurrencies, and via features such as social trading.
CMarkets currently offers the possibility to trade on tens of different cryptocurrencies, while its fees are completely transparent.
Contents
Overview
CMarkets Group was founded in 2019. It is owned by Click Wold Ltd., and its offices are located in the Commonwealth of Dominica. The company serves more than 150,000 clients all around the world and has completed more than 650,000 cryptocurrency trades. The brand has a team of 45 professional advisers and star traders that offers their services 24/5.
Social trading
CMarkets Group presents its customers the option to explore and learn from other traders happening to follow top-performing traders and the way they respond to recent market trends and changers. It also allows exploring the recent popular transactions to learn from the experts or to compare them with other people.
The copy of trading is based on the professional traders P/L and the number of copies, with only a few clicks, trades can be completely copied.
The social trading feature was described as a “Unique opportunity to match or follow recent trades and successful traders”.
Other services provided by CMarkets Group
- Professional trader advice from the account managers team
- The option to open multiple trades
- Automatic trading via AI trader
CMarkets Group Trading Platform
CMarkets Group developed and designed its own proprietary trading platform – SIRIX.
SIRIX is available in 4 different versions (web-based, Android, iOS, and desktop).
The SIRIX platform uses a smart algorithm and the latest technology in terms of AI learning, the platform was described as “designed intuitively, carrying a simple yet very effective user interface”.
Access to Cryptocurrencies
CMarkets Group website offering access to 100+ cryptocurrency contracts, ranging from popular tokens like BTC, ETH, or LTC, to smaller altcoins like STR, OMG, or XMR, Dash, Monero, OMG, Ripple, IOTA, Ethereum Classic, Stellar, Tether, ZCash.
Tokens can be traded against Euro, US dollar, or USDT. At the same time, the company facilitates trading on crypto-to-crypto contracts.
Trading conditions
The leverage floats between 1:200 and 1:500.
Spreads are variable and depend on the type of contract involved.
Popular contracts will have very small spreads, while small altcoins will have higher spreads, due to the low liquidity.
It requires a $250 initial deposit for the smallest account.
Security
CMarkets Group requires its customers to comply with KYC and AML policies.
References
- CMarkets Group Review – Enhanced Crypto Trading in 2020.
- CMarkets Group Review – All Cryptocurrencies in One Place.
- CMarketsGroup Crypto Broker Broker Review.
- CMarkets Group Now Offers Social Trading for Easy Adapting to the Crypto World.
- CMarkets Group Review – The qualities of a crypto brokerage brand.
External links
- CMarkets Group (official website)