cdo markets

What cdo markets does

CDO Markets is an online retail FX and multi-asset broker operating under CDO Markets Limited, headquartered in Port Vila, Vanuatu and licensed by the Vanuatu Financial Services Commission (license #17936). The firm offers trading in forex, metals, CFDs, stocks, options, cryptocurrencies, and crypto perpetuals from a single integrated account, serving individual retail traders, introducing brokers, and money managers globally (excluding the United States). Reported scale indicators include 2,000+ tradable instruments and a 4.6/5 Trustpilot rating.

The company's product stack combines the industry-standard MetaTrader 4 platform with its proprietary CDO Trader (desktop, iOS, Android) and a FIX API bridge solution built on a proprietary message processor for streaming executable prices 24/7. Money-manager infrastructure (MAM/PAMM) and IB/White Label partnership programs extend the platform into asset-management and B2B licensing use cases. Core technology is largely dependent on MetaQuotes-supplied infrastructure, with CDO Trader and the FIX bridge representing the in-house differentiation layer.

The business is transaction-based, monetizing through spreads on the STP account (from 0.8 pip, commission-free), tighter spreads plus $2/side commissions on the ECN account (from 0.1 pip), and customized VIP pricing at a $10,000 minimum deposit. Acquisition runs through direct self-serve online signup, social media and content marketing, referral/IB partnerships, and a White Label channel targeting partner brokers. The firm operates with 1–10 employees, has no disclosed funding rounds or ownership structure, and is privately held.

Name

cdo markets

Legal name

CDO Markets Limited

Website

https://cdomarkets.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

CDO Markets is a Vanuatu-licensed online multi-asset broker offering forex, metals, CFDs, stocks, options, and crypto trading via MetaTrader 4 and its proprietary CDO Trader platform to retail traders, introducing brokers, and money managers globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Port Vila

HQ country

Vanuatu

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Spread-based Trading Revenue: Revenue generated from the spread difference between buy and sell prices. STP Account offers commission-free trading with spreads from 0.8 pip, while ECN Account offers tighter spreads from 0.1 pip with $2 per side commission.
2. Commission-based Trading Revenue: Revenue from per-side commissions on ECN Account trades at $2 per side. VIP accounts have customized commission and spread arrangements.
3. API Service Fees: Revenue from FIX API service for clients requiring 200 million+ USD notional monthly volume, with fees up to 2000 USD for API service usage.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

CDO Markets is an online multi-asset retail forex broker offering trading in forex, metals, CFDs, stocks, options, and cryptocurrencies via its proprietary CDO Trader platform and MetaTrader 4. The company provides STP, ECN, and VIP account types, supports MAM/PAMM money management solutions for money managers, and offers Introducing Broker and White Label partnership programs for partners. Additional institutional-grade services include FIX API bridge solutions connecting multiple liquidity providers.

Product overview

CDO Markets is an online FX broker offering a unified multi-asset trading platform. The core product portfolio consists of their proprietary CDO Trader platform alongside MetaTrader 4, with various trading tools (Profit Calculator, Margin Calculator, Pivot Point Calculator, Economic Calendar) and a customer portal (My CDO). They offer three account types (STP, ECN, VIP) with different pricing structures and a range of money manager solutions (MAM, PAMM) through their partnership program. The company provides access to over 2,000 trading instruments across Forex, Metals, CFDs, Cryptocurrencies, Crypto Perpetual, Options, and Stocks from a single integrated account.

Differentiator

Problem solved

Functional benefit

Brands

• CDO Trader: Proprietary trading platform offered by CDO Markets, available for desktop, Android, and iOS devices.

Products and services

• CDO Trader CDO Markets' proprietary multi-asset trading platform for desktop, Android, and iOS, offering access to forex, metals, CFDs, cryptocurrencies, options, and stocks with continuously updated features.
• MetaTrader 4 Industry-standard MetaTrader 4 trading platform offered by CDO Markets with 50+ built-in indicators, Expert Advisor support, and availability across desktop, iOS, and Android for retail traders.
• STP Account Commission-free STP trading account for individual retail traders, offering spreads from 0.8 pip, leverage up to 1:500, minimum trade size 0.01 lot, and $100 USD minimum deposit on MetaTrader 4 and CDO Trader.
• ECN Account ECN trading account for experienced traders needing tight pricing, with spreads from 0.1 pip, $2 per side commission, leverage up to 1:500, minimum trade size 0.01 lot, and $1,000 USD minimum deposit on CDO Trader.
• VIP Account VIP trading account for adept traders and money managers engaged in high-volume trading, requiring $10,000 USD minimum deposit and contact with the sales team for customized special offers, commissions, and spreads.
• MAM (Multi Account Manager) Money management solution available on both MetaTrader 4 and CDO Trader for professional money managers managing multiple client sub-accounts, with Expert Advisor support, scalping capability based on account type, and multiple lot allocation methods (lot allocation, percent allocation, equity percent allocation).
• PAMM (Percent Allocation Management Module) PAMM money management solution on MetaTrader 4 for money managers, with multiple lot allocation methods including predetermined volume, total volume per order, free margin ratio, equity ratio, and per-order volume.
• Bridge Solutions (FIX API) FIX protocol-based technical bridge solution for institutional and partner clients, providing high-speed streaming executable prices 24/7, proprietary message processor for distributing prices and receiving FX and Spot Bullion deals, and connecting multiple liquidity providers. Requires $200M+ USD notional monthly volume (or up to $2,000 USD API service fee) and NDA.
• Introducing Broker Program Partnership program where Introducing Brokers earn rebates based on a percentage of the commission or spread each time their referred customers close trades, with access to multilingual support, a dedicated account management team, real-time transparent reporting, and access to 100+ different marketplaces.
• White Label Partner Program White label partnership solution providing partner firms with market-leading trading technology, full hosting and IT services, access to global markets, scalable onboarding tools, competitive pricing, real-time business management, and customizable commissions and spreads for their own branded brokerage.

Quantifiable outcome

• Spreads from 0.1 pip on ECN accounts
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• MetaTrader 4 (MetaQuotes)coreTechnology or IntegrationIntegration with MetaTrader 4 platform providing traders access to 50+ built-in indicators, expert advisor support, and familiar trading interface available across desktop and mobile devices.
• Financial Markets Association (FMA)coreOthersCDO Markets is a member of the Financial Markets Association, which offers a transparent process and a compensation fund providing traders with up to €20,000 protection per complaint.
• FIX Protocol OrganizationcoreTechnology or IntegrationFIX protocol is the worldwide approved messaging standard for electronic financial data transfer. CDO Markets employs a FIX server with proprietary message processor for high-speed streaming executable prices 24/7 to distribute prices and receive FX and Spot Bullion deals.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• IC Markets: Australia-headquartered retail ECN/FX and CFD broker offering MT4/MT5/cTrader with multi-asset access. Directly comparable in product mix, ECN pricing model, and global retail targeting, though materially larger and ASIC-regulated.
• Pepperstone: Large global retail FX/CFD broker with MT4/MT5/cTrader, tight ECN spreads, and an Introducing Broker program. Closely comparable in platform structure, pricing tiers, and IB economics, but with far greater scale and ASIC/FCA regulation.
• Exness: Global multi-asset retail broker offering FX, metals, CFDs, and crypto with tiered accounts and high leverage. Comparable in account tiering (Standard, Pro, Raw), spread/commission model, and emerging-market retail focus.
• XM (Trading Point of Financials): Large retail FX/CFD broker with MT4/MT5, multi-tier accounts, IB/affiliate programs, and global emerging-market focus. Highly comparable GTM (IB rebates, bonus campaigns) and product breadth.
• FBS: Global retail FX/CFD broker with MT4/MT5, high leverage, low minimum deposits, and IB/affiliate programs targeting similar emerging-market retail traders as CDO Markets.
• HF Markets (HotForex): Multi-regulated retail FX/CFD broker with MT4/MT5, tiered accounts, and an IB/PAMM program. Comparable account architecture, leverage offerings, and money-manager solutions.
• ThinkMarkets: Multi-asset broker offering FX, CFDs, and crypto via MT4/MT5 and ThinkTrader. Comparable multi-asset single-account proposition and global retail targeting.
• Vantage (Vantage FX): Retail FX/CFD broker with ECN pricing, MT4/MT5/ProTrader, and an IB program. Comparable ECN/STP account tiers, IB economics, and global retail focus.

Broad incumbents

• eToro: Large multi-asset retail broker/social trading platform offering FX, stocks, crypto, and CFDs globally. Overlaps in multi-asset single-account retail brokerage but is materially larger, public, and multi-regulated.

Others

• MetaQuotes (MetaTrader 4 /5): Vendor of the MetaTrader 4 and MetaTrader 5 platforms that CDO Markets depends on for its retail trading interface. Not a competitor but a critical infrastructure provider whose product roadmap and licensing directly affect CDO Markets' offering.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UClzRggQFB_LPzpoou19Cg6Q
• Facebookfacebook.com/cdomarketslimited
• LinkedInlinkedin.com/company/cdo-markets
• Instagraminstagram.com/cdomarkets

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about cdo markets