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Clmforex review

Clmforex review: regulation (No), minimum deposit 250, leverage up to 1:500, platforms and current bonuses.

Open account
Minimum deposit250
Max. leverage1:500
Spread from0.3 Pips
Founded2016

Trading conditions

Broker type
STP/ECN
Minimum deposit
250
Maximum leverage
1:500
Minimum spread
0.3 Pips
Platforms
MetaTrader 4
Account currencies
USD/EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/debit cards, Wire transfer, Neteller, Skrill
Withdrawal methods
Credit/debit cards, Wire transfer, Neteller, Skrill

Company

Regulation
No
Founded
2016
Country
Australia
Address
Core Liquidity Markets Pty LtdLevel 50, 120 Collins StreetMelbourne, VIC 3000, Australia
Website languages
English, Chinese
Phone
+61 2 8015 5431
Email or Skype
[email protected]

Clmforex pros and cons

Pros

  • Regulated by No
  • Raw spreads from 0.3 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Clmforex FAQ

Is Clmforex a safe and regulated broker?

Clmforex was founded in 2016 and is regulated by No. Your protection depends on which Clmforex entity opens your account.

What is the minimum deposit at Clmforex?

The minimum deposit at Clmforex is 250. Payment providers may set their own minimum amount.

What is the maximum leverage at Clmforex?

Clmforex offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Clmforex offer a no deposit bonus?

No. Clmforex does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Clmforex offer?

Clmforex supports MetaTrader 4. Mobile trading is available.

Does Clmforex allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Clmforex offer an Islamic (swap-free) account?

Yes. Clmforex offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Clmforex – NoOpen account