Cooper Markets Review

About Cooper Markets

Cooper Markets (also referred to as CP Markets) is an offshore broker registered in Saint Vincent and the Grenadines under CP Markets Ltd. No financial regulation has been found in any of the regulator databases or official authorities. The SVG FSA registration number 24887 has been canceled and is not verifiable in the SVG FSA records (). The Czech National Bank warned that COOPER MARKETS s.r.o., company ID 03441067, holds no valid authorization (). Advanced Markets issued a cease-and-desist letter to Cooper Markets for falsely claiming a relationship; Advanced Markets confirmed no such ties exist (). WikiFX listed Cooper Markets as illegal with all licences expired, categorizing it among scam brokers ().

The broker reportedly offered trading on the MetaTrader 4 platform, with advertised minimum deposit of $100, leverage up to 1:500, and spreads around 1.5; however, these trading conditions are not supported by verifiable regulatory oversight or official documentation (). Users have reported that the website is offline, services appear discontinued, and the broker is effectively out of business ().

Pros and cons

Pros

• Offered MetaTrader 4 platform (as claimed) ().

Cons

• No valid regulation or licensure in any jurisdiction; claims were false or unverified ().
• Being named in warnings by Czech National Bank and confirmed as illegal by WikiFX ().
• False claims of liquidity provider relationships repudiated by Advanced Markets ().
• Website and services appear suspended; broker seems out of business ().