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CMC Markets Summary

Trust Rating AWhat's this?

How BrokerNotes Trust Rating is Calculated:

Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.

 
  • Regulated by the Financial Conduct Authority, UK #173730
  • Over 57,000 clients world wide
  • Over 27 years in the business (established 1989)
  • Uses investment grade UK banks for client funds
  • Client deposits are held in segregated bank accounts
Visit CMC Markets Website Open a practice account
Losses can exceed deposits. Your capital is at risk.

BROKERNOTES

#1 FEATURED BROKER
AvaTrade logo
  • Regulated by the Central Bank of Ireland
  • Used by 200,000+ traders
  • Over 11 years in business
Visit AvaTrade to start trading

CMC Markets Review

CMC Markets
Trust Rating A
  • Regulated by the Financial Conduct Authority, UK #173730
  • Over 57,000 clients world wide
  • Over 27 years in the business (established 1989)
  • Uses investment grade UK banks for client funds
Visit CMC Markets to start trading
CMC Markets
4.5 5 173

CMC Markets Review

CMC Markets is one of the most trusted and a leading provider of Forex, CFD, Spread Betting and more recently Binary Options. CMC Markets was the first broker to provide an online retail forex trading platform in 1996.

They are one of the few online brokers that are regulated by the Financial Conduct Authority in the UK for trading activities as well as the Gambling commission for their Binary option "Countdown" offerings.

CMC offer some of the tightest spreads, with typical spreads of 0.7 for major forex pairs like EUR/USD and minimum spreads of 1.4 for major indices like the US 30.

CMC Markets offer their own custom platform available in both standard and advanced mode to suit traders of all levels. They come with all the charting features a trader could ask for including a wide range of charts, technical indicators and an extensive price history.

CMC Markets offer 24-hour support, extensive risk management features and in-depth educational materials for clients. With no minimum deposit and free demo accounts, it is easy to get started with CMC Markets.

CMC Markets a full two years of grace before charging any inactivity fee. CMC Markets also provide guaranteed stop losses for a small premium and allow traders to use both scalping and hedging as part of their trading strategy.

CMC Markets screenshot

CMC Markets Spreads from (view all)

See all CMC Markets spreads

  • Website

    Min. Deposit: $0

  • Services Offered:

    Spread Betting, Forex, CFD and Binary Options

    Min. Trade: Varies

  • Instruments:

    Currencies, Indices, Stocks, ETFs, CFDs, Metals

    Max. Trade: None

  • Excluded countries:

    US

    Margin: 0.20% Forex 0.20% Indices 0.50% Commodities 5% Shares

  • Platforms:

    CMC Platform

    Leverage: 1:400

  • Apps:

    iOS, Android

    Commission: From 0.1% on shares

  • Payment & Withdrawals

    Payment methods Payment methods

CMC Markets Pros & Cons

CMC Markets

LCG have great offerings for traders with larger trading capital including ECN and STP accounts and allow advanced trading strategies like scalping and hedging. LCG is also great for traders who want to adopt a more simple trading strategy like using expert advisor to automate their trading strategies.

Althought CMC Markets charge an inactivity fee it is only after 24 months. They do not offer the MT4 platform so if you are looking to trade via an EA or need the MT4 platform, CMC Markets may not be the right option for you. You can see a range of the top MT4 Brokers here if that is an important requirement in a broker for you. CMC Markets also do not offer a swap free Islamic account so this may also be a con if that is a requirement for you.

  • Offers tight fixed spreads
  • Offers tight variable spreads
  • Has guaranteed stop losses & limit orders
  • Allows one click trades
  • Has trailing stops
  • Offers price alerts
  • Allows Hedging
  • Allows Scalping
  • Available in 5+ languages
  • Charges deposit & withdrawal fees
  • Charges inactivity fee
  • Does not offer EA integration and automated trading
  • Does not offer VPS services
  • Does not offer Islamic accounts

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Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade.