CMC offers investment options such as CFDs and spread betting. This detailed review examines trading fees, suitable account types, and deposit and withdrawal methods at CMC to help you decide if it meets your investment requirements. Read over and make your decision confidently.
CMC Markets broker review
CMC Markets is a well-known online trading platform with headquarters in the UK that specializes in spread betting and contracts for differences (CFDs). Since its founding by Peter Krudas in 1989, the business has expanded greatly. Its headquarters are in London and it also has operations in Sydney and Singapore.
Forex, commodities, cryptocurrencies, stocks, treasuries and indexes are just a few of the trading instruments that are accessible via CMC. CMC Markets caters to the demands of both novice and seasoned traders with its cutting-edge trading tools, competitive spreads and easy-to-use interface.
CMC Markets regulations
- BaFin (registration number 154814) has authorized and regulated CMC Markets Germany GmbH, guaranteeing §84 of the Securities Trading Act (WpHG) compliance under BaFin’s supervision.
- CMC Markets UK Plc is regulated by the UK Financial Conduct Authority (FCA) (registration number 173730). This signifies compliance with the FCA’s Client Custody Rules (CASS).
- The company is additionally authorized by the Australian Securities & Investment Commission (ASIC) (ACN number 100 058 213), Canadian Investment Regulatory Organization (CIRO), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA) (reference number FSP41187), and Dubai Financial Services Authority (DFAS) (reference number F002740).
CMC Markets trustability
- CMC Markets ensures the segregation of client funds.
- Keeping them in separate bank accounts from the broker’s corporate funds.
- Negative balance protection prevents losses from exceeding your account balance.
- The Financial Services Compensation Scheme (FSCS) provides up to £85,000 in coverage for clients of CMC Markets UK PLC in the event that the broker falls.
- The maximum leverage restriction of 1:30 serves to balance possible earnings and losses by limiting the market exposure of retail traders.
CMC Markets awards
CMC Markets broker has received numerous awards for its services across various segments, reflecting its strong position in the financial services industry.
| Awarded year | CMC market’s Awards | Awarded by |
|---|---|---|
| 2024 | Best Mobile Trading Platform No.1 Most Currency Pairs Best for CFDs | ADVFN International Financial AwardsForexBrokers.com AwardsWeMoney Awards |
| 2023 | No.1 Web PlatformBest Forex BrokerBest In-House Analysts 2023 | ForexBrokers.com AwardsGood Money Guide AwardsProfessional Trader Awards |
| 2022 | CFD Provider of the Year 2022No.1 Platform Technology 2022 | Investors’ Chronicle/Financial Times Celebration of Investment AwardsForexBrokers.com Awards |
| 2021 | Best Trade Execution Best Spread Betting Provider Best Spread Betting & CFD Education Tools | Global Forex AwardsThe City of London Wealth Management AwardsADVFN International Financial Awards |
| 2020 | Best White Label Provider 2020Best CFD Provider of the Year 2020Most Transparent Forex Broker – Europe | Global Forex AwardsShares AwardsGlobal Forex Awards Retail |
CMC Markets account types
All account types at CMC Markets have competitive prices and a wide range of products including forex, indices, and commodities, making them ideal for both new and experienced traders. Select your preferred platform to start your trading journey.
| Account types | Spread betting | CFD account | FX active |
|---|---|---|---|
| Number of instruments | 12000 | 12000 | 12000 |
| Forex pairs | 330+ | 330+ | 330+ |
| Commodities | 100+ | 100+ | 100+ |
| Indices | 80+ | 80+ | 80+ |
| Shares | 9000+ | 9500+ | 9500+ |
| Treasuries | 50+ | 50+ | 50+ |
| Account currencies | GBP, EUR | GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD | GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD |
| Trade size | £ per point | Number of units/notional value | Number of units/notional value |
| Fractional trade sizes | Yes | Yes | Yes |
| Telephone trading | Yes | Yes | Yes |
| Available platform | CMC web platform, iOS and Android app, MT4 | CMC web platform, iOS and Android app, MT4 | CMC web platform, iOS and Android app, MT4 |
| Demo account | Available | Available | Available |
| Hedge | No | Yes | Yes |
| Market data | N/A | ON a limited trial basis for demo accounts | No |
CMC corporate account
CMC Markets also provide the corporate account businesses with access to a CFD trading account, offering:
- 12,000 instruments
- CMC Market leverage trading
- CMC’s web platform, plus iOS and Android apps
- MT4 platform option
- 24/5 customer support
CMC Markets demo account
CMC Markets offers a demo account to introduce the platform’s features and services to traders. At the same time, it provides a safe place for trading promoters to practice and refine without financial risk.
Given the ever-changing nature of financial markets, it is essential for traders to constantly sharpen their skills and a demo account provides the perfect environment to do so.
Users can test strategies with real-time data on a demo account to build confidence before using a live CFD account. Having both demo and live accounts helps traders be better prepared for real market conditions.
How to open an account
Open a trading account online to access their award-winning, user-friendly platform. They are constantly improving their features and tools to support you in your trading journey.
- Step 1: Complete an application form.
- Step 2: Receive verification: You’ll get a response within 60 seconds after submitting the form.
- Step 3: Fund your account and choose from over 12,000 financial instruments.
Note: There is no minimum deposit requirement for account opening.
CMC investment products
CMC Markets brokerage offers a wide range of investment products that cater to various trader preferences. These include:
- Forex
- Indices
- Cryptocurrencies
- Commodities
- Shares & ETFs
- Treasuries
| Investment products | Number of instruments | Spread from | Margin from |
|---|---|---|---|
| Forex | 330+ | 0.7 points | 3.3% |
| Indices | 80 | 0.3 points | 5% |
| Cryptocurrencies | 21 | 0.5 points | 50% |
| Commodities | 100+ | 0.3 points | 5% |
| Shares & ETFs | 11000+ | 0.10 %1 | 20% |
| Treasuries | 50+ | 1 point | 20% |
Forex
CMC market forex review: Trade major, minor and exotic currency pairings to take advantage of leverage and competitive spreads.
Indices
Exposure to 24-hour trading and narrow spreads on international stock indexes including the FTSE 100, DAX, and S&P 500.
Cryptocurrencies
Trade popular digital currencies like Bitcoin, Ethereum, and Ripple, with CMC offering tight spreads on crypto CFDs.
Commodities
Trade well-known commodities to profit from market volatility, such as gold, silver, oil and natural gas.
Share & ETFs
To obtain exposure to a variety of industries and asset classes, purchase a wide selection of exchange-traded funds (ETFs), and access thousands of worldwide shares from major exchanges for long and short positions.
Treasuries
Exchange treasury notes and government bonds from major economies including the US, Germany, and the UK.
CMC trading platforms
CMC trading review: The CMC market provides a variety of trading platforms for new and experienced traders. The trading platform such as:
- Next generation
- Mobile app
- Web platform
- MT4
- MT4 virtual private server (VPS)
Next-generation trading platform
- The next-generation platform is a sophisticated trading platform with features including order execution, access to news and insights, charting tools and a platform guide.
- To assist in analyzing market movements, it has 115 technical indicators, more than 70 chart patterns, drawing tools, and 12 different types of charts.
- CMC Markets offer the next-generation platform on both mobile and web, providing a seamless trading experience across devices.
Mobile app
- CMC Markets’ mobile app platform offers a seamless trading experience on iOS and Android devices.
- With access to over 12,000 tools, traders can manage their accounts, place trades and monitor markets on the go.
- The mobile app includes advanced charting tools, real-time data, and a user-friendly interface, allowing traders to analyze trends, set alerts and stay up-to-date with market news.
- It is designed for flexibility and convenience, ensuring you can trade anytime, anywhere with the same powerful features available on the desktop platform.
Web platform
- CMC Markets’ website is a feature-rich, intuitive platform designed for traders of all levels.
- It provides access to over 12,000 financial instruments, including forex, indices, commodities, and stocks.
- The platform offers advanced charting tools, technical indicators, and customizable layouts, allowing users to analyze market trends and execute trades efficiently.
- With real-time data, integrated news feeds, and risk management tools, the website ensures a seamless trading experience.
- Its user-friendly interface is accessible from any web browser, making it convenient for traders to manage their portfolios without downloading any software.
MT4
- CMC Markets offers the MetaTrader 4 (MT4) platform, a popular choice for traders due to its powerful tools and customization options.
- It provides access to markets such as Forex, Indices, and Commodities, including advanced charting, automated trading by expert advisors (EAs), and various technical indicators for analysis.
- MT4 supports multiple order types, real-time price quotes, and risk management tools, making it ideal for both new and experienced traders. It is available on desktop, web, and mobile, allowing flexible trading across devices.
MT4 virtual private server (VPS)
- CMC Markets offers access to a MetaTrader 4 (MT4) Virtual Private Server (VPS) for enhanced reliability and performance.
- With MT4 VPS, traders can run automated strategies (EAs) 24/7 without needing their computer, ensuring uninterrupted trading even during power outages or internet problems.
- VPS also offers low-latency implementation, making it ideal for high-frequency or complex deployments, providing a secure and high-performance solution with a fast, stable connection from anywhere.
CMC Markets deposit & withdrawal methods
CMC Markets offer several deposit & withdrawal methods to fund your trading account and receive money via bank transfer, debit/credit card, and online banking.
| Method of deposit & withdrawal | Deposit | Fees details |
|---|---|---|
| Bank transfer | Used direct bank transfers. | It’s the most common withdrawal method. |
| Debit/credit card | Some card issuers may charge a fee. No fees for instant deposits via Visa or MasterCard. | You can make withdrawals to the same deposited card. |
| Online banking | Fast and secure transfer allow instant deposits with no additional fees. | You can make withdrawal to the same deposit method. |
CMC Markets minimum deposit & withdrawal limit
- There is no minimum deposit requirement for account opening.
- You can withdraw up to $40,000 or its equivalent in your account currency to a card within 24 hours.
- However, there is no limit on withdrawals to a registered bank account.
CMC Market deposit & withdrawal time
The bank transfer deposit time is typically taking 1-2 business days for processing. Withdrawals are processed securely, and the time frame depends on the selected method.
- Bank transfer: 1-2 business days
- Debit/ credit card: 2-5 business days
- Online banking: 1 business day
CMC Markets brokerage fees and commissions
The fees and commissions of CMC markets are as follows:
| Fees details | Spread betting | CFD trading | FX active |
|---|---|---|---|
| CMC market spreads | 0.0 pips | 0.0 pips | 0.0 pips |
| Leverage (Retail clients) | 30:1 | 30:1 | 30:1 |
| Commission | No | YES (shares only) – US shares from $10; UK shares from £9 | YES (shares only) – US shares from $10; UK shares from £9 |
| Overnight holding cost | Yes | Yes | Yes |
| Market data fees | No | Yes | Yes |
| Dormancy fees | £10 monthly, if no trading activity for one year. No fee on accounts with zero funds. | £10 monthly, if no trading activity for one year. No fee on accounts with zero funds. | £10 monthly, if no trading activity for one year. No fee on accounts with zero funds. |
| GSLO premium (Guaranteed stop-loss order) | Yes (100% refund if not triggered) | Yes (100% refund if not triggered) | Yes (100% refund if not triggered) |
Customer support
CMC Markets provides 24/5 customer support in multiple languages to serve its global clients. Their experienced consultants provide quick and effective assistance, improving customer satisfaction.
Support is available via email, phone, live chat, and a detailed FAQ section. Fast and reliable service that helps traders efficiently resolve technical, account, or market issues is highly appreciated.
- Email: clientmanagement@cmcmarkets.co.uk
- Phone: +44 (0)20 7170 8200
- Lines open: 24/5 (Monday to Friday)
CMC Markets research and education
Improve your financial market knowledge with CMC Markets’ free online webinars and in-person seminars. These sessions cover everything from trading basics and platform exercises to advanced trading strategies and more. CMC Markets offer videos and articles on their website.
Explore their library of market analyst videos to learn how to use the platform’s features to improve your trading strategy. Discover key trading concepts through analyst articles on topics like CFD and FX trading basics, spread betting, technical and fundamental analysis, charting, and day-trading strategies.
Conclusion
CMC Markets stands out a trustworthy and extensive online trading platform with a wide selection of CFDs and spread betting options. Founded in 1989, CMC Markets guarantees a secure trading environment with a strong base of 35 years of expertise and a dedication to regulatory compliance under the FCA and BaFin.
Whether you want to trade Forex, Commodities, Cryptocurrencies, or Indices, CMC Markets provides the resources and support you need to enhance your trading journey. We advise you to invest in this market without any hesitation.
Pro Tips
Take advantage of CMC Market’s free demo account with the feature to practice your trading strategies without any risk. To know more regulated brokers like this, stay connected with our trusted forex broker. Here you can also find information about investments like stocks, bonds, EFTs, crypto, forex, and CFDs.
