Core Liquidity Markets CLM Review
What is Core Liquidity Markets CLM and how does it work?
Core Liquidity Market, or CLM, is an Australian brokerage firm. It also operates through the offshore Saint Vincent and Grenadines. This entity has a global reach. Since 2013, the company has enjoyed a good reputation in the industry and many traders that they serve around the globe.
Broker: Core Liquidity Markets CLM
Minimum deposit: 100 US$
Leverage: 1:500
Regulator: ASIC
Year: 2013
Platforms: MT4
HQ: Australia
Core Liquidity Markets CLM Licences:
CORE LIQUIDITY PTY LTD - Authorized by ASIC Australia registration ABN 12 164 994 049 ACN 11 469 049 - Not Active
CLMarkets Ltd. is authorized by FSA (SVG), registration IBC No. 24750-IBC-2018.
Overview
Core Liquidity Markets adhere to the regulatory directives of the Australian Securities and Investments Commission and hosts its MetaTrader 4 servers in the secure EFX1 suite in Equinix LD4 (London) and in Equinix NY4 (NYC) data centers.
Pros
The minimum deposit available on a standard account is $100.
Availability of two types of accounts (Standard and ECN) with different spread levels and transaction processing models.
Possibility to make trades using desktop and mobile terminals, as well as MT4 and WebTrader.
Cons
The broker doesn’t provide Cent accounts, and use of the Demo is limited to 30 days.
Access to the copy trades service of successful traders is possible only after depositing $2,000 to the account.
Only a few training materials and analytics are available.
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐⭐
RATING: 4.3
Is Core Liquidity Markets CLM a fraud or safe?
We now move on to the most important part Core Liquidity Markets CLM Review, which is a license that allows the company to establish its trading business and provide services.
Core Liquidity Markets operates from two locations. One entity, however, is located in Australia and therefore licensed under ASIC. The second entity is located in Saint Vincent and the Grenadines offshore, and is responsible for registering financial companies and not providing strict regulation.
We consider Core Liquidity Markets to be a safe broker to trade with, despite the fact that they follow strict and respected ASIC guidelines.
ASIC licenses are subject to a number of established standards that firms must follow. They are also constantly monitored for reliability. ASIC is a customer-oriented regulatory body that covers all aspects of trading, including support for education and money safety.
You can trade with Australian licensed broker and be sure of a safe environment and unrivalled conditions.
Leverage
You can also trade with Liquidity Markets and CLM, but you'll need a high leverage ratio because ASIC allows these levels even for retail traders. Some Forex instruments come with a 1:500 ratio. Each instrument has its own level, which is determined by the company and any regulatory restrictions.
You should learn how to leverage effectively as unrealized uses can increase your risk.
Instruments
Core Liquidity Markets CLM trading proposition offers traders a healthy way to trade, regardless of strategy or level. CLM has also diversified its portfolio with Equities and Commodities and a market range that includes Indices, Cryptocurrencies, Equities and FX.
A Money Managers program, which includes MAM and PAMM accounts, is also available. This allows you to access a variety of services under tailored trading conditions.
Types of accounts
Core Liquidity Markets has two account types that offer great opportunities to trade with small initial deposits for either the Standard or ECN accounts. These two account types allow you to pick the best option for your trading style, with either a spread that includes all costs or a raw spread with a commission per trade.
Fees
We have already mentioned that Standard accounts feature spread only basis. spreads start at 1.3pips, and ECN spreads start at 0pips. However, a $3 commission per side is added.
You can see CLM spreads here. To get a better idea of company pricing, you might also check BDSwiss.
You may also be able to benefit from the interest rate if you hold a position for more than one day. The rollover, or overnight fee is a different interest rate for each instrument. It is calculated using a base rate.
Which payment methods Core Liquidity Markets CLM uses for core liquidity markets?
The broker supports many payment methods, including Bitcoin payments and Credit. Bank Wire Transfer . Skrill, Neteller and Boleto are all options.
Minimum deposit
Core Liquidity Markets Minimum Deposit: 1,000$ for Standard Account, $50,000 for Platinum One. CLM targets professional and high-volume traders even though the deposit requirement may be prohibitively high.
Core Liquidity Markets Minimum Deposit vs Other Brokers
Withdrawal fee
Many payment methods Core Liquidity Markets CLM have waived any fees that were usually charged by payment providers. This means you can also benefit from no-cost deposits. However, withdrawals may incur small fees depending on where you are located.
Trade Platforms
Core Liquidity Markets chose to be a majorstay on the most comprehensive charting platform and the one most familiar to traders around the world. This platform is MetaTrader4, which is both a beginner and a professional-level software, and it's a favorite among developers, traders and other professionals.
MT4 not only offers powerful trading capabilities but also allows access to more than 100 trading instruments from a single interface and account. Broker servers are located in LD4 and provide light-stream speeds for executions. You can also connect quotes from multiple liquidity providers to get the best results.
Conclusion
We conclude Core Liquidity Markets CLM Review by identifying a company that offers trading conditions suitable to professionals, beginning traders and Money Managers. You have access to many trading instruments and the trading costs are set at a reasonable level. ASIC-regulated firms provide stability for your account and protection. You can find TopFX brokers that provide liquidity solutions.
CLM Updates Core Liquidity Markets
Concluding Core Liquidity Markets CLM operates for the moment through its SVG offshore entity and does not offer trading services via ASIC Australia regulated branch. We recommend that you do your own research on CLM and we don't recommend trading with offshore broker because of lack of regulation.