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phpMyEdit General     CK Markets Review
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pysong     Joined: 02 Feb 2023   Posts: 613  
Post Posted: 2023-02-08 04:25
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CK Markets Review



CK Markets is a forex broker based in Saint Vincent and the Grenadines and boasts that they have over 1,500,000 clients in over 196 different countries. Some other statements that they make are that they are globally renowned, focused on the client, transparent and fair and easy and convenient. In this review, we will be looking at the service being offered to see if they really do live up to these claims.To get more news about ck markets review , you can visit wikifx.com official website.

Standard Account: The standard account is the basic level account from CK Markets, it has an entry requirement of $100 and this gets you maximum leverage up to 1:500. The account must be in USD and use the MetaTrader 4 platform. There is no additional commission added to this account and spreads start from 1.3 pips. The margin call is at 40% and the stop out level is set at 20%. Plenty of assets available that we will look at later and there is a maximum lot size of 50 lots and a minimum of 0.01 lots. You may only have 200 trades open at once.
ECN Account: The ECN account has a higher entry fee with a minimum deposit requirement of $1,000, the base currency remains as USD and MT4 is the only trading platform available. leverage remains at 1:500 but now there is an added commission of $6 per lot traded and due to the commission the spread has reduced down to 0.2 pips as a starting level. Margin call has moved up to 80% and the stop out level has now moved to 50%. Minimum trade size remains at 0.01 lots but the maximum trade size has now increased to 100 lots and the maximum number of open trades is now 500.

As mentioned, there is only one trading platform available with CK MArkets and that is MetaTrader 4. The platform is provided in a variety of formats, including applications for mobile devices. Experience no 3rd party bridges while utilizing all sorts of trading strategies including scalping. Gain access to free EAs (Expert Advisors), as well as free Virtual Private Server (VPS) access2 using your MT4 account.

The maximum leverage available with CK Markets is 1:500, this is true for both account types. When opening up an account the client can select what leverage they would like, once an account is open the leverage can be changed by contacting the support team, there much be no trades open at the time of making such a request. Note the possibility of leverage reduction, as outlined below.

Trade sizes for both accounts start at 0.01 lots which are also known as micro-lots, they then go up in increments of 0.01 lots so the next trade would be 0.02 lots and then 0.03 lots. For the standard account, the maximum trade size is 50 lots and for the ECN account the maximum trade size is 100 lots, it should be noted that we usually do not recommend making trades larger than 50 lots as the bigger the trade the harder it is for liquidity providers and the market to execute the trades quickly without any slippage.

The standard account does not have any added costs apart from the spreads that we will look at later in this review. The ECN account has a commission of $6 per lot traded which seems to be about the industry-standard a the time of writing.

There are also swap charges which can be both positive or negative and are for holding trades overnight, these can be viewed directly within the MetaTrader 4 trading platform. You can also have swap-free accounts should you not be able to accept interest, if you have this sort of account, then an administration fee is added to the account instead.

Assets
The assets and instruments are divided into 6 different categories, the first being forex currency pairs, there are 59 in total and range from the majors, minors and exotic pairs. Pairs such as EUR/USD, NOK/SEK and USD/JPY are available to trade. The second category ar ethe metals, there are 5 in total including the usual Gold and Silver but then there are also others such as Palladium and Platinum.
Next, are the energies, 3 instruments in total which are Natural Gas spot, Crude Oil (Brent) and Crude Oil (WTI). There are then 11 different indices available to trade including the AUS 200, GER 30 and UK 100. Stocks are also present and there are 64 in total with eh likes of Apple, Google Inc, and Netflix, inc making appearances. The final category is the cryptocurrencies, there are 18 in total which is great to see as crypto trading is quickly becoming a major trading asset for both new and experienced traders.

 
annastark     Joined: 09 May 2022   Posts: 14  
Post Posted: 2023-02-08 04:26
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This is, in my opinion, one of the best posts that you have made. Your work is quite outstanding in both quality and quantity. Retro Bowl
grateful to you for it.

 
paulahong     Joined: 17 May 2023   Posts: 1  
Post Posted: 2023-05-17 03:56
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CK Markets is rated quite well when it has a large number of customers, especially it has the ability to fleeing the complex extremely well.

 
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