CP Markets has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal from CP Markets was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since last summer of being strung along.
Pros: Tax reports included|Quick verification
Cons: No crypto staking|Website design could be more modern
Where do I even begin with CP Markets? for just over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Economic calendar|Detailed reporting
Cons: Alert system is basic|Withdrawal takes 1-2 business days
Do not believe the bonus offer from CP Markets. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Customizable dashboard|Intuitive for beginners
Cons: Withdrawal takes 1-2 business days
I joined CP Markets after a trusted YouTuber reviewed them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Good mobile app|Fast deposits
Cons: Onboarding videos are outdated|No integrated tax optimization
I experienced a security concern with my CP Markets account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Stable platform|Comprehensive tools
Cons: Some tools only available on higher tiers|Minimum deposit could be lower
After since early this year with CP Markets, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Tax reports included|Excellent charting|Clear documentation|Portfolio tracking tools
Cons: No integrated tax optimization|Desktop app not available on Linux
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. CP Markets recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Educational resources|Risk management tools|Detailed reporting|Dividend tracking
Cons: Slow to add new assets
After doing some research AFTER the fact (I know, I should have done this first), I discovered that CP Markets is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I am in a dispute with CP Markets over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Low minimum deposit|Copy trading available|Tax reports included|Detailed reporting
Cons: Email notifications too frequent
I requested my data from CP Markets under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Clear documentation|Regular updates|Social trading features
Cons: Alert system is basic