Abstract:Central Markets is a brokerage providing all types of Forex on the trading market such as Forex and CFDs, which was supposedly registered in Ireland with its correct address not disclosed.
Official Website Unavailable
We could not get relevant information due to failing to visit the official website, besides, the information is not available on other websites as well, thus, clients only take a poorly-conceived browse.
General Information& Regulation
Central Markets is a brokerage providing all types of Forex on the trading market such as Forex and CFDs, which was supposedly registered in Ireland with its correct address not disclosed.
Market Instruments
Central Markets currently provides tradable financial trading assets including Forex, Commodities, Indices, and Stocks.
Accounts & Leverage
Trades can select five types of available accounts, that is, Silver Account, Gold Account, Platinum Account, Diamond Account, and VIP Account with various minimum deposits. Besides, the minimum deposit varies between $250 and $100,000. For instance, the minimum deposit of Silver Account is $250, the Gold Account is $10,000, the VIP Account is up to $100,000. Each account requires different leverage, for instance, the Silver Account provides the leverage of 1:1 UST pairs/ 1:100 others and the Gold Account offers the leverage of 1:2 UST pairs/ 1:200 others, besides, the Platinum Account offers the leverage of 1:2 UST pairs/ 1:300 others, additionally, the Diamond Account offers the leverage of 1:2 UST pairs/ 1:400 others, and the VIP Account offers the leverage of 1:50UST pairs/ 1:500 others.
Trading Platform
Clients are allowed to apply on a web-based trading platform that possesses a plethora of experts, and advanced tools and features.
Deposit & Withdrawal
Payment methods include Credit, Debit Cards, Wires, Perfect Money, and Quanto. Besides, the minimum deposit of starting trading is $250, however, no withdrawal amount is mentioned.
Customer Support
If in any doubts as to transactions, please call at +35924963395 or e-mail at support@centralmarkets.io within a reasonable time.
Risk Warning
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.
The main trading dashboard account of a trader for LQH Markets was completely deleted by a broker. The trader is not being offered any access to their funds or profits. This incident shows the risks of trading markets and brokers and the importance of protecting your funds without relying on any broker.
According to report, the Cyprus Securities and Exchange Commission (CySEC) announced today that it has entered into a settlement agreement with ZFN EUROPE Ltd for the amount of €20,000. This settlement resolves a regulatory inquiry into ZFN Europe’s compliance with Cyprus’s Investment Services and Activities and Regulated Markets Law of 2017, as amended.
PrimeXBT launches stock CFDs on MetaTrader 5, offering shares of major U.S. companies with crypto or USD margin for enhanced multi-asset trading.
FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.