Editor’s Verdict
CA Markets, founded in 2015 but licensed and regulated in Vanuatu since 2023, offers trading in a core range of asset classes: Forex, cryptocurrencies, energy, commodities, agriculture, metals, and indices, utilizing the MT5 platform. My review found that the asset selection is missing equities, the choice of platforms is limited, and the fees for the Standard account could be more competitive. On the other hand, the Pro and Ace accounts offer relatively attractive terms, while the infrastructure provides ultra-fast execution and some of the highest leverage in the industry, making CA Markets a decent option for scalpers and short-term traders. Read on for an in-depth evaluation to see if it is the best broker for you.
Overview
CA Markets offers trading on over 70 Forex pairs, as well as trading on cryptocurrencies, energies, commodities, agriculture, metals, and indices, using the MT5 platform. The company takes pride in their ultra-fast execution using an STP model.
Headquarters | Australia |
|---|---|
Regulators | VFSC |
Tier 1 Regulator(s)? | |
Owned by Public Company? | |
Year Established | 2023 |
Execution Type(s) | No Dealing Desk |
Minimum Deposit | $20 |
Negative Balance Protection | |
Trading Platform(s) | MetaTrader 5 |
Average Trading Cost EUR/USD | Standard: 1.6 pips; Pro: 1.1 pips; Ace: 0.1 pips + $7 commission round turn |
Average Trading Cost GBP/USD | Standard: 1.8 pips; Pro: 1.3 pips; Ace: 0.3 pips + $7 commission round turn |
Average Trading Cost WTI Crude Oil | Standard: 30 pips; Pro: 25 pips; Ace: 15 pips + $7 commission round turn |
Average Trading Cost Gold | Standard: 26 pips; Pro: 21 pips; Ace: 11 pips + $7 commission round turn |
Average Trading Cost Bitcoin | Standard: $174; Pro: $124; Ace: $24 + $7 commission round turn |
Retail Loss Rate | Undisclosed |
Minimum Raw Spreads | 0.0 pips on Ace account |
Minimum Standard Spreads | 1.5 pips |
Minimum Commission for Forex | $0 commission on Standard and Pro accounts; $7 round turn on Ace account |
Funding Methods | UnionPay, ChipPay, 9Pay, Help2Pay, Crypto Wallet, Bank Transfer, Broker to Broker |
Islamic Account | |
Signals | |
US Persons Accepted? | |
Managed Accounts |
CA Markets’ five core takeaways:
- Over 70 Forex pairs with 1:500 Forex leverage on Forex Majors and Minors, and 1:100 leverage on Exotic pairs, and offers trading on cryptocurrencies, energy, metals, agriculture, and indices.
- CA Markets only uses the MT5 platform
- Three account types: Standard, Pro and Ace. Standard and Pro have minimum spreads without commission, whereas Ace has raw spreads from 0.0 pip plus a $7 round trip commission.
- 24/5 client support
- Execution is STP, i.e., no dealing-desk
CA Markets Regulation and Security
CA Markets is regulated in Vanuatu since 2023 and holds client funds in segregated accounts.
Country of the Regulator | Vanuatu |
|---|---|
Name of the Regulator | VFSC |
Regulatory License Number | 700714 |
Regulatory Tier | Tier 2 |
Is CA Markets Legit and Safe?
My review found no evidence of misconduct or malpractice by this broker during its decade-long history.
CA Markets regulation and security components:
- Regulated by the Vanuatu Financial Services Commission under the name CA Markets Limited
- Registered office: Level 6.3 Santal House, Santal Crescent, CBD, Port Vila, Vanuatu
- Founded in 2015, but regulated with the VFSC from 2023
- Segregation of client deposits from corporate funds
What Would I Like CA Markets to Add?
- The company should add equities to its offerings
- Add TradingView
Fees
For the Standard and Pro accounts, CA Markets only charges a spread. The minimum spreads are 1.5 pips on the Standard account and 1.0 pips on the Pro account. The Ace account has minimum spreads from 0.0 pips plus a $7 commission.
Average Trading Cost EUR/USD | Standard: 1.6 pips; Pro: 1.1 pips; Ace: 0.1 pips + $7 commission round turn |
|---|---|
Average Trading Cost GBP/USD | Standard: 1.8 pips; Pro: 1.3 pips; Ace: 0.3 pips + $7 commission round turn |
Average Trading Cost WTI Crude Oil | Standard: 30 pips; Pro: 25 pips; Ace: 15 pips + $7 commission round turn |
Average Trading Cost Gold | Standard: 26 pips; Pro: 21 pips; Ace: 11 pips + $7 commission round turn |
Average Trading Cost Bitcoin | Standard: $174; Pro: $124; Ace: $24 + $7 commission round turn |
Minimum Raw Spreads | 0.0 pips on Ace account |
Minimum Standard Spreads | 1.5 pips |
Minimum Commission for Forex | $0 commission on Standard and Pro accounts; $7 round turn on Ace account |
Deposit Fee | |
Withdrawal Fee | |
Inactivity Fee | Yes |
CA Markets will waive fees charged by the merchant service provider if clients meet the minimum trading requirement of 0.2% of the deposit amount in round lots. Otherwise, a 3% funding fee will be charged for withdrawals. The client’s merchant may charge separate fees directly to the client; for example, the client’s bank may charge a fee for a wire transfer, which CA Markets will not cover.
The client trading agreement references an inactivity fee. It states, “If there has been no activity on your Account for an extended period, the Company may impose dormant Account fees and make a Deduction from your Account.” However, CA Markets does not specify when they will charge this fee or how much it will be.
Range of Assets
Currency Pairs | |
|---|---|
Cryptocurrencies | |
Commodities | |
Crude Oil | |
Gold | |
Metals | |
Stocks | |
Stocks (non-CFDs) | |
Bonds | |
ETFs | |
Options | |
Futures | |
Synthetics |
- 70+ Forex pairs
- Cryptocurrencies, including Bitcoin and Ethereum
- Energy: Crude oil and natural gas
- Agricultural commodities: Cotton, coffee, cocoa, sugar and orange juice
- Metals: Gold, silver, and copper
CA Markets Leverage
- Forex majors: 500:1
- Other Forex pairs: 500:1
- Metals: 250:1
- Cryptocurrencies: 5:1
- Crude oil: 250:1
- Natural gas: 100:1
- Agricultural commodities: 50:1
- Indices: 100:1
CA Markets Trading Hours
Asset Class | From | To |
|---|---|---|
Currency Pairs | Monday 00:00 | Friday 24:00 |
Commodities | Monday | Sunday |
Crude Oil | Monday | Friday |
Gold | Monday | Friday |
Metals | Monday | Friday |
Account Types
CA Markets offers three account types: Standard, Pro and Ace.
Account type | Minimum deposit | Minimum Spread | Commission |
Standard | $20 | 1.5 pips | $0 |
Pro | $20 | 1.0 pips | $0 |
Ace | $100 | 0.0 pips | $7 round turn |
Given that the minimum deposit for the Standard and Pro accounts is identical, there is no reason anyone should opt for the Standard account when they could have a Pro account with a lower minimum spread.
CA Markets Demo Account
CA Markets allows a MetaTrader 5 download to set up a demo account. I was able to download and install their MT5 version, but I was unable to set up a demo account, because after repeated attempts, I did not receive the required confirmation code to my cell phone.
Trading Platforms
CA Markets uses MT5 for its clients. Their MT5 download is under the name of another broker, “PU Prime Ltd.” There is no stated corporate link between CA Markets and PU Prime, so it seems CA Markets is using a third-party to access MetaTrader 5. However, the MT5 live account accesses a CA Markets server.
MT4 | |
|---|---|
MT5 | |
MT4/MT5 Add-Ons | |
cTrader | |
Proprietary Platform | |
Automated Trading | |
Social/Copy Trading | |
DOM? | |
Guaranteed Stop Loss | |
Scalping | |
Hedging | |
One-Click Trading | |
OCO Orders |
Unique Features
CA Markets allows clients to access low trading costs and ultra-fast execution with low minimum deposits.
Research and Education
The CA Markets site has a few dozen articles and an intuitive economic calendar. Their “Market Insights” section on their website used to regularly produce daily analysis but has not been updated since September 2024.
Customer Support
CA Markets offers live chat, phone, and email support, all available 24/5. However, during my test, I did not get a response from their live chat during the week.
Customer Support Methods |   |
|---|---|
Support Hours | 24/5 |
Website Languages |   |
Bonuses and Promotions
CA Markets will contribute up to $20 a month towards the cost of a VPS for accounts with a minimum $1000 deposit and trading at least 20 lots per month on closed trades.
Opening an Account
CA Markets has a standard online account opening process, requiring name, address, contact details, and proof of ID.
Minimum Deposit
- Standard account: $20
- Pro account: $20
- Ace account: $100
CA Markets require higher minimum deposits for some payment methods.
Payment Methods
Withdrawal options |    |
|---|---|
Deposit options |  |
CA Markets accepts:
- UnionPay
- ChipPay
- 9Pay
- Help2Pay
- Crypto Wallet
- Bank Transfer
- Broker to Broker
Accepted Countries
CA Markets states that the services on its website are not provided to residents of the United States, Australia, New Zealand, Vanuatu, Singapore, Japan, Iran, Russia, North Korea, and jurisdictions listed on the FATF and global sanctions lists.
Deposits and Withdrawals
Deposits:
- The minimum deposit starts at $20 for a Standard or Pro account. The Ace account has a minimum deposit of $100.
- Clients can deposit by UnionPay, ChipPay, 9Pay, Help2Pay, crypto wallets, bank transfer or broker-to-broker deposits.
- There are no deposit fees for ChipPay, crypto wallets, bank transfers, and broker-to-broker deposits.
- There is a conditional 3% deposit fee for UnionPay, 9Pay or Help2Pay deposits, but CA Markets will waive this fee if the client meets the minimum trading requirement of 0.2% of the amount in round lots.
Withdrawals:
- Clients can withdraw by UnionPay, crypto wallets, or bank transfer.
- There is no withdrawal fee for withdrawals to crypto wallets.
- There is a conditional 3% withdrawal fee for UnionPay and bank transfers, but CA Markets will waive this fee if the client meets the minimum trading requirement of 0.2% of the amount in round lots.
- CA Markets will process withdrawal requests received before 04:00 server time (GMT+2) on the same business day and will process requests after this time on the following business day.
Is CA Markets a Good Broker?
CA Markets is a broker that offers a streamlined selection of markets: Forex, cryptocurrencies, energy, commodities, agriculture, metals, and indices, but not individual equities. Also, it limits itself to the MetaTrader 5 platform. While this offering may be considered insufficient by some traders, this selection of markets, along with MetaTrader 5, will be enough for many traders.
Rather than focusing on a broader range of markets or multiple trading platforms, CA Markets instead focuses on ultra-fast execution, high leverage, and low minimum deposits. Other brokers usually require higher deposits to access this level of execution and leverage. So, CA Markets could be a great fit for scalping and short-term traders who need excellent market access but have small accounts. Clients can withdraw by UnionPay, crypto wallets, or bank transfer. The minimum deposit is $20 for the Standard and Pro accounts, and $100 for the Ace accounts with raw spreads. Yes. CA Markets’ licenses are up-to-date, and it segregates client funds. Yes, it offers a good range of markets for beginners and the easy-to-use MetaTrader 5 platform.FAQs
How do I withdraw money from CA Markets?
What is the minimum deposit for CA Markets?
Is CA Markets safe?
Is CA Markets suitable for beginners?
