CLMarkets Trading Broker Review: Expert Insights for Traders

As an expert reviewer for DayFunded, I spend a considerable amount of time exploring different trading platforms and brokers to provide traders with reliable and accurate guidance when it comes to the financial market. Today, I'll be looking at CLMarkets, part of Core Liquidity Markets Pty Ltd., a company that's been operating since 2013.

Company Overview

Founded in 2013, CLMarkets is part of Core Liquidity Markets Pty Ltd, boasting its presence in the market for almost a decade. They have been providing online services since their establishment, showing their competency in the virtual trading environment.

Broker Specifics

CLMarkets has established a relatively easy entry point for new traders, with a minimum account size of $100, it's accessible to most traders. This is combined with a minimum position size of 0.1.

It's worth noting for the U.S. traders amongst us, however, that CLMarkets doesn't currently allow for U.S. traders to participate.

On the positive side, CLMarkets is under serious regulation, offering traders the confidence and peace of mind that their funds are secure and treated according to regulatory standards.

Rating and Spreads

CLMarkets didn't provide an exact figure for their overall rating. However, the broker boasts of offering a 'Low' spread which is certainly attractive to traders who ideally want to reduce potential costs.

Broker Features

One of the stand-out features of CLMarkets is the facility to trade by phone, which optimizes convenience for traders and allows them to keep their finger on the pulse of the markets, no matter where they are.

Built with a learner's mindset, CLMarkets also offers free education resources. These can prove to be invaluable for beginners or experienced traders looking to expand their knowledge base.

For the savvy trader interested in making the most of professional market expertise, CLMarkets offers Managed accounts, as well as Multilevel Account Manager (MAM) and Percentage Allocation Management Module (PAMM) services.

Leverage

Unfortunately, the leverage information provided is unclear (recybfPUJkrhdLzKD). We recommend traders to directly reach CLMarkets for precise information on their offered leverage.

When utilizing leverage, remember that while it can significantly magnify potential profits, it can also inflate potential losses. Therefore, it should always be used carefully and responsibly.

Final Thoughts

To summarize, CLMarkets, with its range of trading resources, low spreads, and serious regulatory compliance, presents a reliable choice for traders. Their diverse trading features and options particularly stand out and make the overall trading experience advantageous. Nonetheless, the unavailability of the service for US traders and unclear leverage information are areas where the broker falls short.

A key recommendation would be to reach out to CLMarkets directly in case of any lingering questions or doubts, to ensure your trading decisions are informed and viable.

Disclaimer: Trading involves risks, including the potential loss of funds. Always ensure that you're fully informed and aware of the risks before step into trading activities.