About CJC Markets
Company Overview
CJC Markets, operating under the corporate name Carrick Just Capital Markets Limited, is an online trading broker based in Auckland, New Zealand. Founded in January 2019, the company presents itself as an NDD (No Dealing Desk) broker offering access to multiple financial asset classes. Its registered address, however, is listed in Ho Chi Minh City, Vietnam, which may raise questions about its physical operations.
According to available records, CJC Markets has a regulatory entry with the Financial Markets Authority (FMA) of New Zealand, but the status of this licence is unclear. The broker's own description explicitly states that it is not regulated by any financial authority, creating a contradiction that requires careful consideration.
Account Types and Suitability
CJC Markets provides three distinct account tiers designed to accommodate different trader profiles. The Standard account requires a minimum deposit of $1,000 and offers leverage up to 1:400, aimed at retail traders seeking higher exposure. The VIP account starts at $25,000 and offers leverage up to 1:300, while the ECN account, with a $50,000 minimum and 1:200 leverage, appears targeted at institutional or high-volume traders.
These account structures suggest the broker is positioning itself to attract both retail and professional clients, though the high minimums for VIP and ECN accounts may limit accessibility for average traders.
Trading Platform and Instruments
The broker offers the widely used MetaTrader 4 (MT4) platform, known for its advanced charting tools and automated trading capabilities. Instruments available include forex, commodities, indices, and individual stocks, providing a reasonable range for diversification.
CJC Markets also promotes 24/5 customer support, which is standard for brokers operating in major financial markets. However, the lack of information on deposit and withdrawal methods or additional tools leaves gaps in the overall service picture.
Regulatory Status and Risk Considerations
The most critical factor for traders is CJC Markets' regulatory status. While an entry for the FMA exists on file, the broker itself denies holding any active regulation. This discrepancy is significant because an unregulated broker lacks oversight from a recognised financial authority, meaning client funds may not be protected under schemes like compensation funds or negative balance protection.
As a result, traders face elevated risks, including potential issues with fund segregation, dispute resolution, and overall broker reliability. FXCanary's Scam Risk Score of 47/100 (Guarded) reflects these concerns.
Social Media and Transparency
CJC Markets maintains a presence on Facebook, Instagram, and LinkedIn, which may indicate some level of public engagement. However, a social media presence does not substitute for regulatory transparency.
Given the limited independent information available, prospective clients should exercise caution and conduct thorough due diligence before committing funds. The broker's offshore registration and conflicting regulatory statements underscore the need for scepticism.
Overview compiled by FXCanary from regulatory records and public data. full CJC Markets review