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CMC Markets Review

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: AAA
Open CMC Markets's Website

Losses can exceed deposits. Your capital is at risk.

CMC Markets offer four ways to trade: Forex, CFDs, Spread Betting, Binary Options.

To open a live account, you’ll need a minimum deposit of at least $200. Alternatively, CMC Markets offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 173730), and Derivatives issuer licence in New Zealand, FSP No.41187. CMC Markets puts all client funds in a segregated bank account and uses tier-1 banks for this. CMC Markets have been established since 1989, and have a head office in UK.

Before we dive into some of the more detailed aspects of CMC Markets’s spreads, fees, platforms and trading features, you may want to open CMC Markets‘s website in a new tab by clicking the button below in order to see the latest information directly from CMC Markets.

Open a demo account Visit CMC Markets

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

PROS

  • Segeregates client funds
  • Established in 1989
  • Regulated by Financial Conduct Authority
  • Min. deposit from $ 200

CONS

What are CMC Markets's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on CMC Markets’s website. The colour bars show how competitive CMC Markets’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

CMC Markets AvaTrade Plus500
Spread from: $7.00 $7.00 $6.00
Typical overnight fee: $2.50 $5.00 $9.40
Commission: 0 0 0
Total cost of a 100k trade: $9.5 $12 $15.4
+$2.50 more +$5.90 more
Visit CMC Markets Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • CMC Markets does charge inactivity fees
  • CMC Markets withdrawal fees varies on payment method

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$2.5
  • the roll over fee for short positions on EUR/USD is $2.5% + libor

Commissions

  • CMC Markets does charge commission on CFD shares

What instruments can you trade with CMC Markets?

FX / Currencies CMC Markets AvaTrade Plus500
# of forex pairs offered 32 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs CMC Markets AvaTrade Plus500
# of commodities offered 0 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs CMC Markets AvaTrade Plus500
# of Stocks offered 9000 99 1816
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares No Yes Yes
See CMC Markets's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the CMC Markets trading experience like?

1) Platforms and apps

CMC Markets offer a user-friendly custom trading platform, available as both a downloadable program or as a broswer based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.

CMC Markets Screenshot See CMC Markets's Platforms

CMC Markets also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See CMC Markets's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • Managed account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

With CMC Markets, the minimum and maximum trade requirements vary depending on the trader and the instrument.

As a market maker, CMC Markets may have lower entry requirements compared to a ECN broker who benefit from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, CMC Markets offer margin up to 0.002% on currencies.

Finally, we‘ve listed some of the popular funding methods that CMC Markets offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer

3) Client support

CMC Markets support a wide range of languages including English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian

CMC Markets have a BrokerNotes double AA support rating because CMC Markets offer over three languages, email and phone support.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://www.cmcmarkets.com on November 21, 2017.