The trading software on offer from Core Liquidity Markets is especially impressive since there is a choice of trading platforms. Clients can use the famous, high quality MetaTrader 4 platform with its intuitive interface and cutting edge technology or the web trader platform which is 100% web based. There is also a mobile trading platform that allows for convenient trading on the move. Core Liquidity Markets also has an excellent customer service department which is open 24 hours a day, 5 days per week. Clients can use email, telephone helplines or live chat to find answers or resolve issues. There are some downsides however in the lack of choice of tradable assets, with only around 40 available to binary options trading clients, and the lack of any bonuses for either new or existing clients.
Review Overview
Bonuses - 0%
Software - 100%
Customer Support - 85%
Options Choice - 40%
56%
Good quality broker
Summary : Trusted broker
Intro
Core Liquidity Markets is an online brokerage service that offers clients from around the world the opportunity to trade in both Forex and binary options on award winning platforms including MetaTrader 4. Offering currencies, indices and commodities as tradable assets, this broker does not offer any types of bonus to either new or existing clients and is unable to offer its services to any clients from the USA.
Start Trading at Core Liquidity Markets
Company Information
Core Liquidity Markets is an Australian company which is regulated and licensed by ASIC for the client’s complete peace of mind. This broker also holds all of its clients’ funds in segregated accounts for added security in the event of an unforeseen financial crisis and they use strong SSL encryption to protect all financial transactions from cybercrime. The company’s management team have more than 4 decades of experience in the financial industry and the broker serves clients from over 100 countries around the world.
Assets Available
Core Liquidity Markets only offers around 40 assets for traders to select from.
Their list of assets includes:
Commodities: 4
Currencies: 29
Indices: 10
Bonuses & VIP Programs
Core Liquidity Markets does not seem to offer any type of bonus offers to any clients, either when newly registering for a live trading account or as an existing client. There are different levels of account to suit the needs of varying types of trader, and the highest level account type, the Core Pro account is designed for higher volume investors, however there do not seem to be any particular perks or benefits applicable to clients at this level.
Mobile
Core Liquidity Markets have a web trader platform available which is entirely internet based, allowing clients to access their accounts without having to download or install any trading software to their computer. The web trader can be accessed from any type of internet enabled device and offers a convenient and seamless trading experience. This broker also offers its own mobile app for Android tablets and smartphones which can be downloaded free of charge from the broker’s own website or from the Google Play Store. This basic binary trading app allows for easy trading on the go. Core Liquidity Markets also offers a fully functional MT4 trading platform for mobile devices which is compatible with both iOS and Android devices. This app offers all of the functionality of the desktop version with access to account history, charting tools and complete trade execution functionality.
Deposits and Withdrawals
There are several methods by which Core Liquidity Markets’ clients can pay funds into their trading account or withdraw any profits. These are:
- Credit Card
- Debit Card
- Bank wire transfer
- Neteller
- Skrill
- UnionPay
- Rapid Transfer
- Astro Pay
- Boleto Bancario
The minimum amount which can be deposited into the lowest level Core Liquidity Markets’ account is $200 (or the equivalent in other currencies). Most methods allow for money to appear instantly in the client’s account, although deposits via AstroPay can take 24 hours and by bank transfer can take up to 5 days to appear. A fee of $20-$45 is payable on all deposits via bank transfer.
Withdrawals can be accomplished quickly and easily via the client account portal and requests are processed within 24 hours. Withdrawals can only be returned via the original deposit method, with any profits being paid through bank wire transfer in the case of credit card payments or Union Pay. The minimum sum permitted to be withdrawn is $50 except in the case of bank transfers where $100 is the minimum amount. The fees charged for withdrawals vary, with $25 charged for bank transfers, a 2% fee on Union Pay and Neteller payments and 1% fee being levied on Skrill transactions.
Depositing funds into a Core Liquidity Markets trading account is very simple through the website and accounts can be opened in any one of 4 currencies including:
- US Dollar
- Euro
- Pound Sterling
- Australian Dollars
Once a base currency has been chosen, it is not possible to switch to a different one at a later date.
Customer Support
There are several methods through which clients can contact the Core Liquidity Markets customer support centre. These include:
- Telephone helplines (2 numbers are provided, one for Australian clients and one for the UK)
- Live chat
Customer support services are available for all clients to access 24 hours a day from Monday to Friday, however there is no support available at the weekends. The support on offer is also multilingual to assist clients from around the world.
The website is available in three languages, English, Spanish and Portuguese.
Extra Features and Resources
Unfortunately, unlike most other binary options brokers on the market today, Core Liquidity Markets does not offer any educational resources to its clients to enable them to improve their trading experience or to widen their knowledge of investment. However, there are are couple of additional features for clients to enjoy including an up to date economic calendar and some free trading tools.
Verdict
Core Liquidity Markets has quite a lot to offer its potential clients, however it is also important to bear in mind that there are several negative points too.
Pros
- Cutting edge trading software that is suitable for use by both experienced and novice traders
- 100% online trading interface requiring no installations or downloads
- Mobile trading apps for iPhone and Android
- Choice of customer service contact methods including emails, live chat and telephone helplines
- Multilingual website
- Multilingual phone support
- Client support available 24/5
- Several account types to suit the needs of traders at all levels of experience
- Strong SSL encryption site wide
- Choice of base account currencies
- ASIC regulated broker for peace of mind
- Segregated client funds
Cons
- No educational resources available to clients
- No bonuses available for clients
- No customer support at weekends
- Traders from the USA are not accepted by this broker
FAQ
Can I use e-Wallets to trade with Core Liquidity Markets?
Core Liquidity Markets offer a number of convenient ways by which clients can deposit funds into their trading account and withdraw any profits. Designed to suit the needs of those investors who are keen to use traditional methods as well as those with more contemporary preferences, this broker offers bank wire transfers and credit and debit card transactions as well as a range of popular e-Wallets including Skrill and Neteller.
Which currencies can be used as a base account currency with Core Liquidity Markets?
Core Liquidity Markets accept accounts opened in one of 4 different currencies:
- US Dollars
- Australian Dollars
- Pounds Sterling
- Euros
The base currency cannot be changed once the decision has been made.
What are the advantages of choosing Core Liquidity Markets?
Core Liquidity Markets has a lot to offer its clients. The benefits include low minimum deposits for the basic level account, a quick withdrawal process, several deposit and withdrawal options, multilingual support available 24 hours a day, 5 days per week and the protection of choosing a broker that is licensed and regulated by a recognised authority, ASIC.
Are there different types of accounts available from Core Liquidity Markets?
Core Liquidity Markets understand that not all traders have the same needs and requirements, and therefore they have taken care to offer a range of account types designed to specifically accommodate specific types of investor. Their basic level account, The Core Standard account offer access to 29 currency pairs, commodities and 4 instruments for a minimum deposit of just $200. For a minimum deposit of $2500, you can open the Core Plus account or for a minimum deposit of $5000, professional traders can access to Core Pro account.