Introduction
CDOMarkets.com is an online trading platform that offers its users a variety of assets to trade including; stocks, commodities, indices, and Forex. The website is operated by CDO Markets Ltd, a company located in the Marshall Islands and regulated by the Marshall Islands Business Corporation Act. The website provides its users with a powerful trading engine and advanced features such as; market news, economic calendar, and technical analysis. The platform is available in English and Russian language
CDOMarkets Review
CDOMarkets is a broker that offers online trading in forex, CFDs, and commodities. The company is based in the Seychelles and is regulated by the Financial Services Authority (FSA).
The broker offers two account types: a standard account and a VIP account. The standard account requires a minimum deposit of $250 and gives traders access to leverage of up to 1:200. The VIP account requires a minimum deposit of $25,000 and gives traders access to leverage of up to 1:500.
CDOMarkets uses the MetaTrader 4 platform for trading. The broker offers more than 50 currency pairs, as well as CFDs on indices, metals, and energies.
Minimum deposits for both account types are low, and leverage is high. However, it is important to note that higher leverage comes with higher risk. CDOMarkets does not offer demo accounts, which makes it difficult for new traders to test out the platform before risking real money.
Regulatory Bodies
In the United States, the two main regulatory bodies are the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). These agencies are responsible for ensuring that companies comply with federal securities and commodities laws.
The SEC is a government agency that regulates the securities industry. The SEC’s mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The SEC oversees exchanges, brokers, dealers, investment advisers, and mutual funds.
The CFTC is an independent federal agency that regulates futures and options markets. The CFTC’s mission is to promote commodity price discovery and efficient execution of trades. The CFTC oversees exchanges, clearinghouses, and trading platforms for futures and options contracts.
Platforms
CDOMarkets.com offers two types of trading platforms, the web-based Advanced Trading Platform and the downloadable MetaTrader 4 (MT4) platform. Both are feature-rich and offer a variety of tools and resources for traders of all experience levels.
The web-based platform is designed for ease of use and is accessible from any internet-connected device. It includes advanced charting and analysis tools, as well as a news feed to keep you up-to-date on the latest market developments.
The MT4 platform is more suited to experienced traders and offers a wider range of features and customization options. It can be downloaded onto your desktop or mobile device, giving you access to your account from anywhere in the world.
Both platforms offer a wide range of CFD instruments to trade, including forex, indices, commodities, shares, and cryptocurrencies. CDOMarkets.com also offers binary options trading on selected assets via its web-based platform.
Instruments
Instrument Variety:
One of the main attractions at CDOMarkets.com is the variety of instruments available for trading. This includes major, minor and exotic currency pairs as well as CFDs on commodities, indices, shares and cryptocurrencies. In total, there are over 150 instruments available which should be more than enough to satisfy the needs of most traders.
Commissions & Fees:
Another key attraction at CDOMarkets.com is the low commissions and fees charged. For forex trading, there is a flat rate commission of just $3 per lot traded with no additional fees or charges. This compares very favourably to most other brokers who charge a commission based on a percentage of the trade value. For CFD trading, there is a variable spread starting from 0.1 pips plus a small commission of $0.03 per share traded. Overall, the commissions and fees at CDOMarkets.com are very competitive when compared to other online brokers.
Ratings
CDOMarkets.com is a leading online broker that offers a wide range of financial instruments and platforms to its clients. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and offers a variety of account types to suit different investor needs.
CDOMarkets.com has been operational since 2009 and has won numerous awards over the years, including “Best Forex Broker” at the MENA Forex Expo in Dubai and “Best Newcomer” at the UK Forex Awards.
The broker offers forex and CFD trading on the popular MetaTrader 4 (MT4) platform, as well as its own proprietary web-based platform, WebTrader. CDOMarkets.com also provides mobile trading apps for iOS and Android devices.
When it comes to customer support, CDOMarkets.com offers 24/5 live chat, email, and telephone support in multiple languages. The broker’s website is available in English, Arabic, Chinese, French, German, Italian, Russian, Spanish, and Turkish.
Conclusion
In conclusion, CDOMarkets.com is a great online broker that offers a wide range of features and benefits for its clients. The company is highly regulated and has a strong reputation in the industry. It offers a variety of platforms, instruments and ratings that make it a great choice for online trading.