Core Liquidity Markets Fees and Spreads

Core Liquidity - Fees & Spreads

 

Core Liquidity Markets Fees and Spreads

 

Core Liquidity Markets fees and spreads start from $0 with spreads form 0 pips.

Core Liquidity Markets CLM’s trading fees depend on the type of financial instrument being traded in addition to the account type, with spreads that start from as low as 0.00 pips.

Core Liquidity Markets CLM has trading fees which are transparent in a summary of fees along with a comprehensive spread list. The spread provided will depend on the type of account that the trader chooses.

Traders have the option of choosing two different type of accounts, each designed to cater for a variety of traders depending on their trading plan in addition to their trading knowledge, experience, and skill.

 

The features tied to these plans are:

  • Standard Account – minimum deposit of $100, spreads from 1.3, market execution, zero commissions, leverage up to 1:500.
  • ECN Account – minimum deposit of $500, spreads from 0.0 pips, market execution, commissions of $3 per side and leverage up to 1:500.

 

Traders should note that certain financial instruments can only be traded during a certain time of the day, especially when considering different time zones, and additional fees may be charged should they hold these positions after they have closed.

 

Additional Trading Fees

 

Overnight fees, otherwise known as swap fees or rollover fees, may be charged for positions held open for longer than a day. Core Liquidity Markets CLM’s website does not indicate whether an Islamic account is offered.

Core Liquidity Markets CLM does not offer traders with spread betting and therefore spread betting fees are not applicable to this broker.

 

Broker Fees

 

Core Liquidity Markets CLM charges both deposit fees and withdrawal fees according to the payment method that the trader chooses, these fees are as follows:

  • Neteller – 5%
  • Skrill – 4%
  • Boleto – 2%

 

In addition, merchant fees are waived according to the payment method chosen and are as follows:

  • Credit/Debit Card – 5%
  • Bank Wire Transfer – $20 – $45
  • Bitcoin – 1%

 

Traders should note that should there limited trading activity or any inactivity, the accounts will be subjected to any incoming or outgoing fees which will be imposed by the processor of the payment.

Any fees that are made to or from international banking institutions may be subjected to intermediary transfer fees and may or may not include conversion rates.

 

Pros and Cons

 

PROS CONS
1.      Low commissions 1.      Deposit fees charged
2.      Low spreads starting form 0.0 pips 2.      Withdrawal fees charged
3.      Competitive trading conditions 3.      Certain payment methods have merchant fees
4.      No indication of an Islamic/Swap-Free account

 

FAQ

 

How many instruments can I trade with Core Liquidity Markets CLM?

You can trade more than 100 different financial instruments, including:

  • Forex
  • Cryptocurrencies
  • Indices
  • Stock
  • Commodities

 

Which platforms are supported by Core Liquidity Markets CLM?

Core Liquidity Markets CLM provides the following popular trading platforms:

  • MetaTrader4

 

Does Core Liquidity Markets CLM offer leverage?

Yes.

Core Liquidity Markets CLM offers a maximum leverage of up to 1:500 on all the account options available.

 

What spreads can I expect with Core Liquidity Markets CLM?

Spreads from as little as 0 pips when choosing an ECN Account.

The spreads will be determined by type of live account you choose to register.

 

Does Core Liquidity Markets CLM charge commission?

Yes.

Commissions are charged on the ECN Account at $3 per side traded.

 

Is Core Liquidity Markets CLM regulated?

Yes, Core Liquidity Markets CLM is regulated by the highly reputed ASIC in Australia.

 

Is Core Liquidity Markets CLM a recommended forex trading broker for experts and beginners?

Yes, Core Liquidity Markets CLM offers a good trading environment for all types of traders, from beginners to advanced.

 

What is the overall rating out of 10 for Core Liquidity Markets CLM?

7/10