CPT Markets broker is an international forex and CFD broker that has been operating since 2008 and, with a Persian website, Persian support and the option to select Iran during registration, also serves Iranian users. Its FCA license alongside offshore entities gives this broker a dual image. In this overview, we review CPT Markets' licenses, accounts, platforms, payment methods and risks based on Teagle data.
What kind of broker is CPT Markets?
With 18 years of history, CPT Markets offers trading on more than 180 instruments, including currency pairs, precious metals, indices, energy, international stocks and cryptocurrencies. The broker provides Standard and ECN accounts and fast order execution infrastructure for beginner and professional traders; however, according to Teagle data, the level of legal protection, trading conditions and compensation mechanisms are not the same across its different entities.
CPT Markets licenses and credibility
According to Teagle's latest review, CPT Markets holds four active licenses:
- UK FCA (Financial Conduct Authority, No. 606110);
- South Africa FSCA (Financial Sector Conduct Authority, No. 45954);
- Capital Markets Authority of Kenya (CMA); the license number has not been recorded;
- Belize FSC (Financial Services Commission, No. IFSC/60/315/TS/19).
The key point is that Iranian users usually trade under the broker's offshore entity and do not benefit from the legal protections of tier-1 regulators such as the FCA. The Belize FSC license is offshore and in a weak regulatory tier. Before registering, read the article the difference between offshore and onshore brokers to find out which protections apply to you.
Does CPT Markets serve Iranians?
Yes. According to Teagle data, CPT Markets offers the Persian language and Persian support, and users can select Iran during registration. Methods such as TCPay transfer and Tether are also available for deposits. However, as mentioned, Iranians' accounts are usually registered under the offshore entity; so easy access does not mean high-level legal protection.
CPT Markets trading accounts
CPT Markets offers three account types with floating spreads:
- Standard account: minimum deposit $20, on MetaTrader 4, MetaTrader 5 and the proprietary CPT app.
- ECN account: minimum deposit $1000, spreads from 0.0 pips and a commission based on trading volume, on MetaTrader 4, MetaTrader 5 and cTrader.
- MAM account: for managing multiple accounts on MetaTrader 4 and 5.
Maximum leverage on all accounts is 1:1000, the stop-out level is 30% and the minimum order size is 0.01 lot; no limit on the number of open orders is recorded and there are no requotes. As for the Islamic account, Teagle's table lists it as "available" for all accounts, but according to the FAQ, this account is not publicly offered and must be requested by emailing support. To better understand commission accounts, see the guide to ECN accounts in forex .
CPT Markets platforms and services
Trading at CPT Markets takes place on MetaTrader 4, MetaTrader 5 and the CPT app, and cTrader is also listed for the ECN account. Hedging, news trading, phone trading and the use of expert advisors are allowed. Additional services include copy trading, social trading, PAMM, rebates, an IB program, education and an economic calendar; if copying trades appeals to you, read the copy trading guide . Bonuses are also offered as periodic campaigns through the Rewards Center section; brokers' active offers are collected on the bonuses page .
Deposits and withdrawals at CPT Markets
According to Teagle's payment table, all methods have no deposit or withdrawal fees, and the minimum withdrawal is $20:
- E-wallets (Skrill and Neteller): minimum deposit $20, instant deposits and withdrawals within one business day.
- Bank transfer (TCPay): minimum deposit $100 and deposits in 1 to 3 business days; withdrawal processing takes one business day, but completion takes longer.
- Tether via USDT Pay: minimum deposit $20, with timing depending on the blockchain network.
Despite these conditions, Teagle's expert has reported criticism about delays or discrepancies in withdrawals.
CPT Markets rating and risk on Teagle
CPT Markets' final rating on Teagle is 3.32 out of 5, calculated as the average of three sources: WikiFX 4.26, Teagle expert 2.9 and Trustpilot 2.8. No reviews from Teagle users have been submitted yet. The Teagle Eye risk index for this broker is 23 out of 100, in the "low to medium risk" category; its multiple licenses and 18-year history have kept it low. There is also criticism about the quality of trade execution; learn about the concept of slippage to better assess order execution.
CPT Markets pros and cons
- Pro: multiple licenses, including FCA and FSCA
- Pro: Persian website and support, and a $20 minimum deposit
- Pro: variety of platforms and competitive trading costs
- Con: Iranians' accounts registered under the offshore entity and differing levels of protection across entities
- Con: low rating in user surveys and negative reports about withdrawals
- Con: limited educational resources compared to competitors
Who is CPT Markets suitable for?
CPT Markets is suitable for experienced traders who want a professional platform, an ECN account and high leverage and are familiar with the risks of offshore entities. For beginners and large investments, Teagle's expert recommends a broker with stronger regulatory coverage and a better withdrawal track record. To evaluate it, put it side by side with a competitor targeting a similar audience in the CPT Markets vs. OpoFinance comparison .
Conclusion
With Persian services and competitive trading conditions, CPT Markets is an option worth considering, but the registration of Iranians' accounts under the offshore entity and criticism about withdrawals make caution necessary. Start with limited capital, make a test withdrawal and follow the latest warnings on the risk warning page .