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Trading Critique

BROKER REVIEW

CMC Markets Broker Review 2023 - A Detailed Product Guide with Regulations

TC_cmcMarkets

CMC Markets is one of the oldest trading companies in the world. Trading in CFD markets is one of the riskiest trades. When you start to trade without knowing about CFD, it will be the biggest downfall in your trading carrier. tradingcritique.com gives the best knowledge about CMC Markets with a Detailed Product guide along with its regulations.

  • Minimum Deposit: 0
  • Trading Commissions: $7 (Shares only)
  • Regulated by: FCA, Bafin
  • Market Asset: ForexCFDsIndices, FX pairs, Cryptocurrencies, Commodities, Treasuries, Shares, and ETFs.
  • Customer support: 24/5
  • Deposit Fees: 0

CMC Markets is a UK-based CFDs and Forex online trading company. In 1989 the company was established by Peter Cruddas. It has headquarters in London, with centres in Singapore and Sydney. This company is fully regulated and authorized by FCA and BaFin. They offer two types of CFD accounts with trading instruments such as Forex, Treasuries, Cryptocurrencies, Commodities, Shares, and Indices.

CMC Markets provide award-winning trading platforms like Next Generation and the well-known MetaTrader 4. The MT4 has run on both Mobile and Web. They serve 24/5 multilingual client support via Email and Phone calls.

Image 1: Home page in CMCMarkets.com website

1.HomePage-CMCMarkets
Image Copyrights reserved to CMCMarkets

Regulation and Trustability

CMC Markets are authorized and regulated by various countries’ financial institutions. The company has been around for a long time, and more customers have commented positively.

Table 1:  The regulations of CMCMarkets.com
Country Regulations Company name Registration details
United Kingdom Financial Conduct Authority (FCA) CMC Markets UK Plc Registration Number – 173730.
Germany Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) CMC Markets Germany GmbH Registration Number – 154814.

CMC Markets Awards

CMC Markets received numerous awards for various services, like Customer support, Trading platforms, CFD provider, etc.

Table 2:  Awards received for the Excellency of CMC Markets in various domains
AwardsAwarded by
Best Trade Execution 2021Global Forex Awards
Best Spread Betting Provider 2021The City of London Wealth Management Awards
Best Spread Betting & CFD Education Tools 2021ADVFN International Financial Awards
Best White Label Provider 2020Global Forex Awards
Best CFD Provider of the Year 2020Shares Awards
Most Transparent Forex Broker – Europe 2020Global Forex Awards Retail
Image 2:  Awards in CMCMarkets
2.Awards-CMCMarkets
Image Copyrights reserved to CMCMarkets

Investments, Products, and Instruments

CMC Markets offers a high range of tradable instruments and products for CFD trade.

The CMC trading instruments are,
  • 80+ Indices
  • 330+ FX pairs
  • 14 Cryptocurrencies
  • 100+ Commodities
  • 50+ Treasuries
  • 8000+ Shares, and ETFs.

Table 3 : Various trading instruments available in CMCMarkets.com

Trading typesFeatures to trade in EToro
Indices
  • CMC Markets.com provides to trade on 80+ indices
  • Precision pricing
  • Dedicated customer support
  • Exclusive products
  • No partial fills
  • Spread start from 0.5
  • Advanced trading platforms
  • The margin rate starts at 5%
  • Trading hours 24/5

Available indices in CMC Markets

  • Australia 200
  • Canada 60
  • Euro 50
  • France 40
  • Germany 40
  • Hong Kong 50
  • Hong Kong China H-shares
  • Japan 225
  • Netherlands 25
  • South Africa 40
  • Spain 35
  • Sweden 30
  • UK 100
  • US 30
  • US NDAQ 100
  • US Small Cap 2000
  • US SPX 500
Forex
  • CMC Markets.com offers over 330 currency pairs
  • FCA regulated
  • Most accurate price
  • No partial fills
  • Segregated funds
  • LSE listed
  • Minimal slippage
  • Fully automated
  • Lightning-fast execution
  • 99.7% fill rate
  • Web, and Mobile based trading platforms
  • UK-based client services

Different forex pairs available in CMC Markets

Majors

  • AUD/USD
  • EUR/GBP
  • EUR/USD
  • GBP/USD
  • USD/JPY
  • USD/CAD
  • GBP/JPY

Minors

  • AUD/GBP
  • AUD/JPY
  • EUR/AUD
  • AUD/NZD
  • EUR/NZD
  • GBP/CHF
  • CHF/JPY

Exotics

  • USD/RUB
  • USD/CZK
  • USD/CNH
  • EUR/TRY
  • USD/HUF
  • USD/MXN
  • USD/NOK
TheyoffersdfsddfCFDa
Cryptocurrencies
  • 18 major and altcoins
  • Automated trading
  • Accurate price from 18 different feeds
  • Lightning-fast execution
  • Crypto indices available
  • 99.9% fill rate
  • Tax-free trading
  • Minimal slippage
  • 24/5 award-winning client service
  • Advanced award-winning trading platforms

Various Cryptocurrencies available in CMC Markets

Most popular

Alt coins

  • TRON (USD)
  • NEO (USD)
  • EOS (USD)
  • Stellar Lumens (USD)
  • Cardano (USD)

Crypto Indices

  • Component
  • Bitcoin
  • Ethereum
  • Bitcoin Cash
  • Litecoin
  • NEO
  • EOS
  • Stellar Lumens
  • Cardano
  • TRON
  • Monero
  • Dash
TheyofferCFDa
Commodities
  • CMC Markets offers 100+ commodity products
  • The minimum spread amount is 0.30 points.
  • 100+ cash and forward commodities
  • No partial fills
  • Cash markets available
  • The UK based 24/5 client support
  • Trade the whole sector
  • Trading on 23 hours per day
  • Award-winning trading apps

Available commodity products

Metals

  • Gold
  • Silver
  • Palladium
  • Platinum
  • Copper

Energies

  • Crude Oil West Texas
  • Crude Oil Brent
  • Natural Gas
  • Gasoline
  • Heating Oil

Agriculture

  • Coffee Arabica
  • Lean Hogs
  • Live Cattle
  • Sugar Raw
  • Wheat
ETFs
  • CMC Markets provide 1,000+ ETFs to trade
  • Minimal slippage
  • They offer free access for quantitative equity analysis from Morningstar.
  • 99.8% fill rate
  • Professional research
  • UK-based client services
  • 24/5 customer service
  • Competitive pricing

ETFs available in various sectors

Consumer discretionary

  • Market Vectors Retail ETF
  • iShares US Consumer Goods ETF
  • Vanguard Consumer Discretionary ETF
  • Fidelity MSCI Consumer Discretionary Index ETF
  • iShares Global Consumer Discretionary ETF
  • SPDR S&P Retail ETF
  • Invesco S&P 500 Eql Wght Con DiscrtN ETF
  • First Trust Consumer Discretionary AlphaDEX Fund
  • Consumer Discretionary Select Sector SPDR Fund
Biotech & pharma ETFs
  • Health Care Select Sector SPDR Fund
  • Vanguard Health Care ETF
  • iShares Nasdaq Biotechnology ETF
  • iShares U.S. Medical Devices ETF
  • SPDR S&P Biotech ETF
  • iShares U.S. Healthcare ETF
  • iShares Global Healthcare ETF (US)
  • Fidelity MSCI Health Care Index ETF
  • First Trust Health Care AlphaDEX Fund
  • iShares U.S. Healthcare Providers ETF
  • Invesco S&P 500 Eql Wght Health Care ETF
  • iShares US
Technology ETFs
  • ARK Innovation ETF
  • Invesco S&P 500 Eql Wght Technology ETF
  • iShares North American Tech ETF
  • Technology Select Sector SPDR Fund
  • Vanguard Information Technology ETF
  • SPDR S&P Semiconductor ETF
  • iShares Global Tech ETF
  • First Trust NASDAQ-100 Technology Index Fund
  • iShares PHLX Semiconductor ETF
  • iShares US Technology ETF
  • First Trust Dow Jones Internet Index Fund
  • First Trust ISE Cloud Computing Index Fund
  • ETFMG Prime Cyber Security ETF
  • First Trust Nasdaq Cybersecurity ETF
  • First Trust Indxx NextG ETF
  • First Trust ISE Cloud Computing Index Fund
  • First Trust NASDAQ Technology Dividend Index Fund
Popular themes
  • Invesco QQQ Trust Series 1
  • Vaneck Vectors Gold Miners ETF
  • iShares Nasdaq Biotechnology ETF
  • ARK Innovation ETF
  • Global X Robotics & Artificial Intelligence ETF
  • Global X Lithium & Battery Tech ETF
  • Vanguard Information Technology ETF
  • Energy Select Sector SPDR Fund
  • Technology Select Sector SPDR Fund
  • First Trust Dow Jones Internet Index Fund
  • Invesco Solar ETF
  • iShares U.S. Medical Devices ETF
  • First Trust ISE Cloud Computing Index Fund
  • First Trust Nasdaq Cybersecurity ETF
  • SPDR S&P Regional Banking ETF
  • Health Care Select Sector
Treasuries
  • CMC Markets provide 50+ global rates & bonds
  • No partial fills
  • They provide US and European bonds
  • Spread start from 1
  • Execution speed at 0.0075 seconds
  • Trading hours – 23 hours per day
  • Dedicated customer service

US Bonds

  • US T-Note 10 YR
  • US T-Bond
  • US T-Note 5 YR
  • US T-Note 2 YR

European Bonds

  • UK Gilt
  • Euro Bund
  • Euro Buxl
  • Euro Schatz
  • Euro Bobl

Rates

  • Euribor
  • Eurodollar
  • UK Short Sterling
Shares
  • CMC Markets provide 8,000 shares
  • Professional research
  • No currency risk
  • Share baskets available
  • Minimal slippage
  • Automated trading options
  • 24/5 customer support
  • Advanced and award-winning trading platforms
  • The minimum spread amount is 0.10 points.

Most popular

  • Tesla Motors Inc
  • Amazon.com
  • Apple
  • Facebook
  • Boeing

Growth

  • Amazon.com
  • Zoom Video Communications, Inc.
  • Tesla Motors Inc
  • Shopify Inc
  • NVIDIA

Technology

  • Roku Inc
  • BT Group
  • Alphabet Inc – Class A
  • Microsoft
  • IBM

Banking

  • Lloyds Banking
  • JPMorgan Chase
  • Barclays
  • HSBC
  • Natwest Group PLC

Share baskets

  • Big Tech
  • Streaming
  • Gaming
  • UK Banks
  • Automation & Robotics

Image 3: Markets assets and instruments in CMCMarkets

3.TradingInstruments-CMCMarkets
Image Copyrights reserved to CMCMarkets

Trading Platform

CMC Markets contain both mobile and web-based trading platforms. They offer trading platforms like Next Generation and MetaTrader 4. Especially the “Next Generation” trading platform was created by CMC Markets, with exclusive features.

Next Generation

The Next Generation platform is an advanced and standard trading platform. It consists of powerful features like charting, trading tools, order execution, platform guide, news, and insights. It has 115 technical indicators, 70+ chart patterns, drawing tools, and 12 chart types, which helps to access the features to analyze price movements. CMC Markets provide the Next Generation trading platform in Mobile and Web.

Image 4 : Industry leading charting package from Next Generation platform in CMCMarkets

4.ChartingPackage-CMCMarkets
Image Copyrights reserved to CMCMarkets

CMC Markets Next Generation trading platforms features,

  • Industry-leading charting package
  • 12 different chart types
  • 70+ Chart patterns
  • 35+ drawing tools
  • Save default chart layouts
  • 115 Technical indicators
  • 30+ overlays
  • Customizable charts
  • Extensive price history
  • Numerous chart intervals
  • Trade from charts
  • View expert chart analysis
  • Copy technical analysis
  • Compare price action
  • Innovative trading tools
    • Client Sentiment
    • Multiple Layouts
    • Pattern Recognition

MetaTrader 4

MetaTrader 4 (MT4) is one of the world’s most popular trading platforms. It helps to trade in a wide range of trading instruments. The MT4 platform is a customizable one, and it can be user-friendly for new customers. It has thousands of signals and indicators.

MT4 provides free mobile and web-based applications.

Image 5:  About MetaTrader 4 in CMCMarkets

5.MetaTrader4-CMCMarkets
Image Copyrights reserved to CMCMarkets
MetaTrader 4 Features
  • 1000+ indicators
  • Build own algorithms
  • Sentiment trader
  • Mini terminal
  • Trading signals
  • Wide range of tools and chart types
  • Micro lots from 0.01
  • Fully customizable
  • MT4 on WebAndroidiOS.

Mobile Trading

The MetaTrader 4 and Next-Generation trading platforms both run on CMC Markets Mobile trading. Using Mobile trading you can trade on securities through a mobile device such as a smartphone or tablet. It has refashioned the trading sector by allowing smartphone users to trade outside the region of traditional trading methods.

CMC Markets mobile trade has given traders more control and flexibility. It even offers features to set a range of notification types to place an order and monitor your progress with their complete functional charts. Mobile Trading Apps helps you to trade from anywhere.

Image 6:  Mobile Trading in CMCMarkets

6.MobileApps-CMCMarkets
Image Copyrights reserved to CMCMarkets
CMC Markets Mobile Trading features
  • Access to 11,000 markets
  • 25 technical indicators
  • Advanced order ticketing
  • Client sentiment tracker
  • Mobile-optimized charting
  • 15 Drawing tools
  • Regulated in the UK
  • Instant notifications
  • A transparent broker
  • Straightforward application
  • Customizable dashboard
  • Topical watchlists
  • Easy fund & withdrawal options
  • Awarded – Best Mobile/Tablet App 2019 – Investment Trends UK Leverage Trading Report
  • CMC Markets Mobile Trading apps from,

CMC Markets Trading Websites – Continent wise

CMC Markets provide different trading websites for various countries. Maximum, they offer English and Chinese language websites worldwide.

Table 4:  Multilingual trading websites of CMC Markets segregated continent wise

NoCMC Markets Trading WebsitesCountriesWebsite Language
1.CMC Markets (Main)GlobalEnglish
2.CMC Markets (Main)GlobalSimplified Chinese
EUROPE
3.CMC Markets UKUnited KingdomEnglish
4.CMC Markets österreichAustriaAustria
5.CMC Markets FrançaisFranceFrench
6.CMC Markets ItalianoItalyItalian
7.CMC Markets EspañolSpainSpanish
8.CMC Markets DeutschGermanyGerman
9.CMC Markets EnglishIrelandEnglish
10.CMC Markets på SvenskaSwedenSwedish
11.CMC Markets PolskiPolandPolish
12.CMC Markets NorgeNorwayNorwegian
ASIA
13.CMC Markets EnglishSingaporeEnglish
14.CMC Markets 简体中文SingaporeSimplified Chinese
15.CMC Markets 简体中文ChinaSimplified Chinese
AUSTRALIA
16.CMC Markets EnglishAustraliaEnglish
17.CMC Markets 简体中文AustraliaSimplified Chinese
NORTH AMERICA
18.CMC Markets EnglishCanadaEnglish
19.CMC Markets 简体中文CanadaSimplified Chinese
OCEANIA
20.CMC Markets EnglishNew zealandEnglish
21.CMC Markets 简体中文New zealandSimplified Chinese

Account Types

CMC Markets offer three types of live accounts. CFD accounts type only provides a free virtual money Demo account. The Demo account features are apt with new beginning stage traders, and the real money accounts features are suitable for experienced traders.

CMC Markets account types,
  • Spread betting account
  • CFD account
  • Corporate account

Image 7: Account types in CMCMarkets

7.AccountTypes-CMCMarkets
Image Copyrights reserved to CMCMarkets

Demo account

CMC Markets offer a free demo account for CFD and Spread betting accounts. It has some virtual money for your trading practice. You can top up this virtual fund at any time. They provide global equity markets for 30-days, which helps to practice your fearless trade on a live account. There is no limit to the period of the Demo account. This demo account does not show the share CFD prices.

Fees, Commissions, and Bonus

Deposit and Withdrawal: There is no deposit fee for both types of accounts, and the minimum deposit amount is $0. You can deposit the amount using the following transaction methods like Bank Transfer, Debit/Credit card, and Electronic wallet.

The card and E-Wallets transactions take instant process, and bank transfers take several business days. They do not accept third-party transactions. When you deposit an amount, the account must be in your name.

There is no withdrawal fee for the following transaction methods as Card, E-Wallet, Domestic bank transfer, and transaction times are instant. When using international bank transactions for withdrawal, charges are applicable.

How to withdraw your money from the CMC Markets web trading platform?
  • Go to CMCMarkets web trading platform.
  • On the left sidebar, click Funding.
  • Click Withdraw.
  • Choose the method for Withdrawal.
  • Add the amount you wish to withdraw.
  • Confirm your Withdrawal.

Customer Support

CMC Markets Customer service is available in multiple languages. They offer 24/5 customer support with an experienced advisor. The customer handling and responding time is too good. CMCMarkets.com provides Customer support via Email, Phone calls, live chat, and related answered FAQ pages.

Table 5: Phone numbers to contact CMC Markets Country wise

Countries CMC Markets Contact Number
International Phone Number +44 (0)20 7170 8200
EUROPE
United Kingdom +44 (0)20 7170 8200
Austria +43 (0)1 532 1349 0
France +33 (0)1 53 83 14 03
Italy +39 02 3600 9604
Spain +34 911 140 703
Germany +49 (0)69 22 22 440 00
Ireland +353(0)1 256 3000
Sweden +46 08 5069 3203
Poland +48 22 160 5600
Norway +47 22 01 97 31
ASIA
China 400 816 8888
Singapore +65 6559 6000
AUSTRALIA
Australia‎ +611300 303 888
NORTH AMERICA
Canada +1866 884 2608
OCEANIA
New zealand 0800 26 26 27

Image 8 : Contact details in CMCMarkets

8.ContactDetails-CMCMarkets
Image Copyrights reserved to CMCMarkets

Education and Research

CMC Market’s research offer CMC TV, its insights news, internal content, a bi-monthly print magazine, and the Opto Market Intelligence Portal with articles and podcasts. In addition via Reuters’ news headlines, CMC Market’s team of researchers produces quality research in written form, available under its News and Analysis section. Both the Insight series and the weekly Outlook offer extensive market coverage and can be filtered by the property class.

CMC Markets offers various learning videos and podcasts on its YouTube channel, some of which are available on its platforms and websites. For example, Artful Trader Series 3 has eight records, and there are nearly a dozen in the Opto Sessions series. Apart from the tutorials, an additional 17 videos are available in the CMC Markets ‘Learn’ section which is combined into its next-generation mobile app.

Image 9 : Learning section in CMCMarkets

9.LearningCenter-CMCMarkets
Image Copyrights reserved to CMCMarkets

In a Nutshell

  • CMC Markets is Regulated and Licensed by FCABaFin.
  • The Market Assets offered are Indices, FX pairs, Cryptocurrencies, Commodities, Treasuries, Shares, and ETFs.
  • CMC Markets offer three types of live trading accounts – Spread betting account, CFD account and Corporate account.
  • CMC Markets provides MT4, NextGen trading platforms on Mobile, PC, and Tab.
  • They charge trading Commissions of $7 for Shares only.
  • The minimum deposit amount is $0.
  • There is no deposit fee.
  • CMC Markets provide 24/5 Customer support via live chat, email, phone calls, with multilingual.
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