CH Markets is a foreign exchange broker that was registered in Saint Lucia on March 14, 2023, primarily providing financial trading services such as forex, stocks, commodities, indices, and cryptocurrencies to investors. Its headquarters are located in Istanbul. This broker does not provide services in jurisdictions that may violate local laws or regulations, including but not limited to North Korea, the United States, Puerto Rico, Canada, Japan, Iran, Iraq, Lebanon, Turkey, etc.
Corporate Registration Information and Regulatory Status:
The official website of CH Markets shows that the corporate entity registered in Saint Lucia is CH Markets Ltd, with the registration address at Fortgate Offshore Investment and Legal Services Ltd. Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia, and the registration number is 2023-00076. Its office address is located at Maslak Mahallesi, Sümer Sokak, Ayazağa Ticaret Merkezi, No:3/14, Şişli, Sarıyer, İstanbul. The broker's official website does not disclose the regulatory information it is subject to.
Upon verification, the International Business Company and International Trust Registry (ifc) in Saint Lucia lists an enterprise entity named CH Markets Ltd, with the registration number 2023-00076. However, CH Markets Ltd is not found at the Financial Services Regulatory Authority (FSRA) of Saint Lucia as a registered broker, and it is not listed with any other official financial regulatory authorities in other jurisdictions either.
According to information obtained from Whois, the domain of the broker's official website was registered on April 10, 2021. Moreover, as of January 15, 2024, CH Markets has been registered for less than a year.
Opening an Account:
To open an account with CH Markets: visit the broker's official website, click on “Register” on the top right corner of the website to enter the account registration interface, fill out the personal information as required, and submit. Afterwards, the broker will send a verification code to the email address provided by the user. Upon entering the verification code, users can log in to their accounts. A complete verification of personal information is needed before depositing funds and initiating trading activities.
Account Types:
CH Markets offers five different types of real trading accounts: CH Standard Account, CH Fixed Account, CH VIP Account, CH Zero Account.
CH Standard Account:
- Spread: From 1.1 pips
- Maximum Trading Leverage: 1:1000
- Trading Commission: 0
- Bonus: Provided
CH Fixed Account:
- Spread: From 1.3 pips
- Maximum Trading Leverage: 1:1000
- Trading Commission: 0
- Bonus: Provided
CH VIP Account:
- Spread: From 0 pips
- Maximum Trading Leverage: 1:1000
- Trading Commission: $0-$10
- Bonus: Provided
CH Zero Account:
- Spread: From 0.5 pips
- Maximum Trading Leverage: 1:1000
- Trading Commission: 0
- Bonus: Provided
Trading Platform:
CH Markets offers the MT5 trading platform, with servers provided by CH Markets Ltd. On the MT5 platform, the broker only connects existing trading accounts and does not allow the opening of new demo or real trading accounts.
Deposits and Withdrawals:
CH Markets has not disclosed the methods, fees, or minimum amounts for deposits and withdrawals on its official website.
Summary:
Traderknows reminds investors that CH Markets is a forex broker without valid regulation, and its deposit and withdrawal methods are unclear. Traderknows advises investors to stay away from CH Markets when choosing a broker and to opt for brokers with transparency, strong regulation, and a good reputation for investment activities to prevent unnecessary financial losses.
Currently, this broker is marked as 'suspected fraud' on Traderknows.