Citypoint Trading Review Rating and Comparison
The broker has been re-branded to CPT Markets.
CityPoint Trading (previously known as Azurite Markets forex broker) has been established in 2008 and is situated in London, United Kingdom. The broker offers trading services on major currency pairs, indices, commodities and energies.
Reviewed broker: CityPoint Trading
Location: 40 Bank Street, 30th Floor, Canary Wharf, London, E14 5NR, England
Established in 2008
Regulation: fully authorised and regulated in the UK by the FCA, Our FCA reference number is 606110.
Note: previously known as Azurite Markets
USA traders: not accepted
Segregated accounts: All clients’ money are kept segregated from the company money, this mean that the client money has the Trust status provided by top UK banks in the UK.
Trading instruments: forex, soft commodities, bullions and indices, CFDs
MT4 & Vertex Trading Platforms
MetaQuotes Software released the MT4 electronic trading platform in 2004, allowing clients to manage their accounts, access live streaming prices, analyse charts and place trades whilst brokers administer and manage the server-side component of MT4.
Whilst MT4 is the most widely used and a very stable electronic trading platform, Hybrid solutions soon followed with their platform Vertex. Vertex was released in 2005, adding advanced techniques for closing positions and offering enhanced flexibility with its customisable trading parameters per user (even within the same user group). Vertex is based upon a hierarchical organisational structure which means that actions can apply from a top down approach, which saves time, plus it includes a real-time transaction log that the user or dealing desk can see whenever they need to track any account activity.
The Citypoint MT4 and Vertex servers are very securely located in one of the best serviced data-centres in Europe. To back this up we have a highly skilled team with many years of experience to configure and manage our platforms and structure our backup server architecture for reliability.
We’ve partnered with top technology specialists to provide robust bridging software and connect accurate price feeds into these platforms.
All you need to run either MT4 or Vertex is a default windows PC with a reasonable internet connection; both platforms consume minimal computer resources, so they are both likely to have little impact on other software you might have running.
Citypoint trading conditions in the market
Currency pairs: 11
Real time news: yes
Daily market analysis: yes
Powerful charting: yes
Account types: individual
Demo account: yes, 30 days limit
Minimum trade size: 0.01
Commissions: yes, within a spread, or flat fee per traded lot
Maximum leverage: 1:100
Spread type: fixed
Commissions: Commission may be built within the spread, or a flat fee may be added per lot traded.
Spreads: starting at 2 pips
Islamic (swap free) accounts: available
Scalping: not allowed
Expert advisors: allowed
One click trading: yes
Automated trading: yes
Social trading: no
Payment methods for deposit and withdrawal of funds
Payment methods: only wire transfer to the broker's bank account
Minimum deposit requirement: $20,000
How was the rating of CityPoint performed compared to other brokers?
This 2019 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on CityPoint FX broker performance and features.
Overall our online CityPoint review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online CityPoint or you find inaccurate details CityPoint broker review please get in touch with us and the changes will be applied.