Review and feedback on Citypoint Trading
Review and Feedback on Citypoint Trading
Citypoint Trading – a regularly discussed forex and CFD broker that attracts the interest of many traders. After its rebranding from cptmarkets.co.uk, this broker has undergone significant changes, raising questions about its reliability and attractiveness to investors. Let’s explore the updated Citypoint Trading together and uncover the key aspects of its operations.
Information about Citypoint Trading
The website cptmarkets.co.uk was registered in August 2017, and significant changes and content updates were made over the following two years. The company operates under the name Citypoint Trading Limited with an office located at 40 Bank Street, E14 5NR, London, United Kingdom. It is licensed and regulated by the Financial Conduct Authority (FCA) with license number 6707165. It is worth noting that the website offers two account options – under British FCA jurisdiction or Belizean legislation.
Account Opening on the Website
The account registration process on cptmarkets.co.uk is convenient and straightforward. After filling out a standard form on the main page, a company manager will contact you to clarify further collaboration details. Customer support is provided in English, which can be convenient for most traders.
Types of Citypoint Trading Accounts
Citypoint Trading offers two types of accounts – Retail and Professional, differing in technical parameters and conditions. The Retail account has additional client fund protection, enhancing the broker’s reliability. The Professional account is available only to experienced traders who meet specific criteria.
Trading Instruments and Assets
The broker provides access to various trading instruments such as currencies, commodities, indices, and CFDs. The main platform is MetaTrader 4, known for its stability and availability of extensions.
Risks and Overall Reliability
Citypoint Trading takes security and trading risks seriously, warning clients about the potential risks of investing. Client funds are held in major banks in the UK, ensuring their safety. The broker has received positive feedback from experienced traders.
Review of Feedback on Citypoint Trading
Reviews about Citypoint Trading are mostly positive, although there are some critical points. Most users highlight the company’s reliability and professionalism. Russian-language reviews also leave a positive impression of the broker’s work.
Conclusions on Citypoint Trading
Based on the review and user feedback, Citypoint Trading appears to be a reliable broker with a solid license, good reputation, and a wide range of trading instruments. Despite some shortcomings, the company deserves the attention of traders seeking successful investments.
Author: Sasha Chaika