The multi-jurisdictional regulation of CMC Markets means that traders from different regions can choose the regulatory body that best aligns with their preferences and requirements. This flexibility enhances CMC Markets’ global appeal, making it a preferred option for traders seeking a broker with comprehensive regulatory oversight. For those interested in a deeper understanding of how CMC Markets protects its clients’ investments, the broker provides a detailed Security of Funds section on their website. This resource offers valuable insights into the specific measures CMC Markets employs to secure client assets, reflecting their dedication to upholding the trust and safety of their trading environment.
CMC Markets offers nearly 12,000 CFDs, a large number of forex pairs, and access to international equity markets (such as Australia). CMC Markets also quotes its 158 currency pairs both ways (not just EUR/USD – but also the inverse USD/EUR quote). This unique feature doubles the number of CMC Markets’ available pairs – bringing the total up to 316 and helping CMC win our 2025 Annual Awards for #1 Most Currency Pairs.
Where is CMC Markets based?
The app’s order tickets allow users to place the full range of order types, including guaranteed stop-loss orders and trailing stops. Some regulators mandate compliance with the strictest financial frameworks, while others are less rigid. That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. CMC Markets is a CFD and Spread Betting broker founded in 1989 and based in the UK.
- Other fees that may apply to Retail CFD and Corporate account holders are additional market data fees.
- This platform offers features such as measuring client sentiment, accessing price alerts, as well as custom indicators.
- If you don’t know, Reuters has this simple format where news will be delivered quickly in just a few lines and opening the news will also open a small block of text with the most relevant info.
- Toni manages online teams and contributes to publications about technology and finance.
Customer Support Test
Cryptocurrencies are also available for trading, including Bitcoin, Ethereum, and Ripple. Overall, the trading platforms offered by the broker are excellent, and they ensure that its users are fully aware of the market situation at all times. The trading platforms are also highly reliable, thereby making sure that users can make the most of the market at all times.
Note that professional clients are exempt from negative balance protection. We judged the speed of deposits and withdrawals at CMC Markets to be average for the industry. Its quality is high, although there is still room for improvement, especially with the waiting times for responses via chat.
Additionally, CMC Markets applies an inactivity fee to accounts that have remained dormant for an extended period, which is a common practice in the industry to encourage active trading or account closure. This fee structure is designed to be transparent and fair, aligning with industry standards while supporting the financial well-being of active traders. Key to CMC Markets’ commitment to safety is the stringent protection of client funds. CMC Markets employs segregated bank accounts, ensuring that client funds are kept separate from the company’s operating funds.
However, licenses obtained from regulators in different jurisdictions do not always entail the same degree of protection. Customer service and support begins with links to FAQ and relevant educational pages. Users who require a more personal touch can dial in and talk to phone representatives 24 hours per day, Monday through Friday. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
Next Generation Platform
Aside from the ordinary transaction cmc markets review fees, there are subscription fees for access to certain stock market data feeds and subscribing to the Stockbroking Pro platform of $49.00 per month. Additionally, there are carrying costs for foreign exchange pairs and commodities which vary by instrument and holding costs for forex which reflect the swap rates plus a 1% charge assessed by CMC. CMC Markets comes highly recommended for advanced traders who wish to gain access to a wide range of tradable assets via its market-making approach.
CMC, by far the best platform out there for PA TRADERS…
- With over 30+ years in the business, CMC Markets has expanded its global presence with regional offices in Germany, Australia, and Singapore.
- Each of CMC’s trading platforms offers a distinct number of instruments.
- Chat and local phone support are available 24 hours a day from Monday to Friday.
A User Agreement (Terms of Business) document is available on the CFD Legal Documents page. I opened a CFD Account with the CMC Markets UK PLC entity and performed my tests using the Next Generation Platform and mobile app. Some of the features and services will vary depending on which jurisdiction you open an account in.
Information is accessible and easy to locate, whether you seek out educational materials, require customer service, or just want to get straight to placing trades via one of the trading platforms. CMC provides a seamless user experience across its mobile app, web-based CMC NextGeneration Platform, or the MetaTrader 4 platform. Usability across all platforms, including mobile, is consistent with access to a range of forex pairs, indices, commodities, shares, ETFs, and more.
Our methodology ensures that our recommendations are based on reliable data and a thorough understanding of the industry. Designed for corporate entities, this account type mirrors the CFD account in terms of product availability and features. It allows corporate traders to access over 10,000 trading products with the same advanced platform features as the CFD account. This includes detailed charting tools, a range of order types, and mobile trading capabilities.
Furthermore, the low minimum deposit requirement makes this account highly accessible, lowering the barrier to entry for new traders who may be hesitant to commit large sums of capital initially. This setup is ideal for those just beginning their trading journey, providing them with a supportive environment to develop their skills while managing their investment prudently. The Mobile Trading App features a modern and intuitive interface, real-time market data, customizable dashboards, and integrated trading tools that allow traders to execute trades swiftly and efficiently. The platform also supports social trading features, enabling traders to follow and copy the strategies of successful peers. This platform is equipped with sophisticated charting tools that allow for detailed market analysis and decision-making. Additionally, the Next Generation Platform supports automated trading capabilities through customizable tools, enabling traders to set up and execute trades automatically based on pre-defined strategies.
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. Spreads are fairly tight across the board and start from 0.3 pips for foreign exchange pairs which rank as very affordable for the industry. For CFD Account holders, there are minimum commissions for share trading which vary based on where the share is listed geographically.
Investors can trade competitively priced CFDs on forex, indices, shares, ETFs, commodities, and fixed income. Established in 1989, we have 35 years’ industry knowledge and experience. We’re listed on the London Stock Exchange and headquartered in London, with several international offices in many of the world’s leading financial centres.
If you trade real shares as an Australian resident, these are the fees you need to bear in mind. Since CMC Markets offers variable spreads, head over to CMC Markets’ website for up-to-date data. You can have fixed or variable spreads — in the case of CMC Markets, spreads vary and are provided as a minimum for each instrument.
In terms of leverage, CMCMarkets offers high leverage on most of its products. Recently CMC Markets has also introduced copy trading which is another great addition to its services. In terms of Forex, the spread on major currency pairs such as EUR/USD and GBP/USD is typically between 0.7 and 1.2 pips. On commodities such as Crude oil and Gold, the spread can range between $0.1 to $0.5 per barrel and $0.1 to $0.5 per ounce respectively.
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