Concord Bay established in 2013 is an ECN/STP/DMA broker. The company is registered in New Zealand and is regulated by Financial Markets Authority (FSP365866). Concord Bay is also registered in FSCL under the number of 5350; so clients can direct their complaints to Financial Services Complaints Ltd.
The broker’s clients can trade 48 currency pairs, 18 CFD instruments, spot metals, commodity futures, and stock indices. Traders can use the leverage of 1:100 (Forex) and 1:25 (CFD). Accounts can be open only in US dollars.
Trading is conducted through the MetaTrader 4 platform. ECN/STP accounts for Forex and CFD trading and demo accounts are available to customers.
The company provides a usual ECN/STP account with a floating market spread and a manager account that enables its holder to attract investments for managing. Both account types have the same STP order execution and are used at the same platform.
UPD 29.10.2015 The company was placed on a brokerage blacklist because Concord Bay does not give money and ignores clients’ complaints and our official requests.