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.
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.
Spread Betting, Forex, CFD and Binary Options
Currencies, Indices, Stocks, ETFs, CFDs, Metals
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.