CMC Markets Customer Reviews & Expert Rating

Yes, MT4 is available as a mobile app, allowing you to trade and manage your account on the go. In the event of a bank liquidation, losses would be shared among clients in proportion to the funds held with the failed bank. If CMC Markets goes into liquidation, clients will have their share of segregated funds returned, minus the costs incurred by the administrator in distributing those funds.

• Traders can choose from spread betting, CFD trading, and FX Active accounts.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
• CMC Markets provides a wealth of market research and tools to help you make informed trading decisions.

The broker’s advanced research support tools can prove to be invaluable for its clients. It has tied up with Morningstar to provide its users with the latest news and reports covering a wide range of financial instruments. In addition to this, the broker also grants its users access to numerous value-added tools including economic calendars, stop loss support, and pattern recognition systems. CMC Markets offers a competitive pricing schedule that varies based on the client’s trading preferences, account type, and asset class.

Can I trust CMC Markets?

• The platform is designed to accommodate both novice and experienced traders, offering intuitive features and robust tools for comprehensive market analysis.
• The range of available markets, however, will vary based on the regulatory entity governing your CMC account.
• Integrated into the Next Generation are multiple news and information sources.
• The 24-hours-a-day, five-days-a-week customer service is another win for users.
• CMC Markets shines as a market maker broker with competitive pricing and a truly terrific trading experience.
• Join the Active Trader Program for monthly cash rebates and personalized support that grows with your account.

Please note, some markets may only be available via CFDs or other derivatives. But while functional, the mobile app doesn’t lack the intuitiveness of apps from eToro. CMC generally has a competitive fee structure, especially when you factor in its Alpha and Price+ schemes, and it does not charge for depositing or withdrawing funds.

One of the things that I’ve always liked about CMC is its approach to diversification. Everyone knows that you shouldn’t put all your eggs in one basket when it comes to investing, and the same is true of trading. You’ve got a better chance of beating the market consistently if you spread your risk across different asset classes and don’t go crazy Rio trading.

Regulatory bodies, pricing, security, and account segregation are also transparently explained. One advantage of CMC is that there is no minimum deposit required to open an account. To fund your account, you can use a credit or a debit card such as Visa or Mastercard, set up a wire transfer, or initiate a bank transfer. To fund your account, click on the “Funding” tab on the web-based platform or the mobile app. Costs vary by instrument and country and can be found on the FAQ pages and the trading costs page.

This market-making ecosystem makes one of the most far-reaching asset varieties accessible to a broad range of different investors to ensure that any strategy or trading preference can be satisfied. Additionally, the broker’s trading platforms are also among the best in the industry, offering advanced charting features to its users in addition to in-platform news, research, signals, and more. Additionally, the platform offers a zero minimum deposit requirement, making it accessible for traders of all levels. CMC Markets boasts a vast range of over 10,000 CFDs across various asset classes, enabling effective portfolio diversification. Their advanced trading tools, such as automated trading options and comprehensive charting capabilities, enhance the trading experience. One of the few drawbacks with CMC Markets, besides the fact that it doesn’t accept U.S. clients, is that its tradable asset base covers only CFDs.

Is CMC market trustworthy?

To gather data, we sent a questionnaire to each of the 18 brokers, covering multiple areas critical to a forex trader’s experience. Our researchers and editors verified the responses and supplemented the data with additional online research and direct communication with each broker. This research was conducted between May 13 and July 30, 2024, ensuring that our evaluations reflect current information. When spread betting on shares and ETFs, there are additional spread charges for entering and exiting a trade. The additional spread bet fees range from 0.10% for European customers to one to four cents for the U.S. The Next Generation platform promises fast, 100%-automated executions with multiple order types.

CMC Markets Comparison Table

Outside of the help provided, useful risk management tools and exceptional order execution round out a feature-rich experience that places the brand well above the competition. The broker ensures that its customers have ready access to a range of informational materials at all times. Finally, the customer service team is also prompt and provides quick resolution for all queries. Additionally, the broker also offers advanced risk management features to its users. For instance, it offers guaranteed stop-loss orders (GSLOs) in exchange for a premium. To ensure full transparency for users, CMC Markets also highlights that it only uses its proprietary funds for hedging purposes.

Reviews

Steven Hatzakis is the Global Director of Online Broker Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). CMC Markets provides an outstanding mobile trading experience, allowing for robust and flexible trading from anywhere.

Index trading fees range from a minimum spread of 1 for the UK 100 and the Australia 200 to a maximum of 5 for the US SPX 500. The company holds highly regarded regulatory licenses relevant for the U.K., Australia, Singapore, New Zealand, and Germany. CMC Markets is regulated by the FCA which, along with U.S. regulatory agencies (NFA and CFTC), is widely considered to be the preeminent cmc markets review regulatory body. The main office that CMC Markets’ customer service is based out of CMC Markets UK plc, 133 Houndsditch, London.

CMC Markets is regulated by multiple top-tier authorities globally, including the FCA (UK), ASIC (Australia), CIRO (Canada), MAS (Singapore), and FMA (New Zealand). While specific processing times vary by method, CMC Markets generally processes withdrawals efficiently. Their account opening is 1-3 days, suggesting a quick turnaround for account services. Yes, CMC Markets offers the MetaTrader 4 (MT4) platform in addition to its proprietary Next Generation platform.

MT4 includes advanced charting tools, technical analysis indicators, automated trading options, and customizable interface settings. The platforms offered are intuitive and accessible, catering to both novice and experienced traders. CMC Markets offers extensive resources to help traders improve their skills and knowledge. CMC Markets’ educational offerings are a valuable asset, particularly for new traders looking to build a strong foundation and for experienced traders seeking to refine their strategies.