CMC Markets – Advanced Trading Platform Review 4.2/5 Min. deposit £0 Website address https://www.cmcmarkets.com/en/ Demo account Yes Currency AUDEURGBPPLNSEKUSD Active Yes Payment Methods MastercardPOLiVisa Min. trade price 0.01 Lots Regulated By ASICFCAIIROCMAS MetaTrader 4 Yes MetaTrader 5 No cTrader No OmniTrader No AlgoTrader No TradingView No Trading Central No Autochartist No eSignal No STP Account No ECN Account No DMA Account No MAM Account No PAMM Account No LAMM Account No Demat Account No Mobile Apps iOS and Android Margin Trading Yes Volatility Index Yes Spot Trading No Perpetual Swaps No ELWs No REITs Yes AI / Machine Learning No Robo Advisor No P2P Trading No Negative Balance Protection Yes VPS Hosting No Tournaments No Demo Competitions No Managed Accounts No Market Maker Yes Auto Trading Yes Social Trading Yes Copy Trading No Trade Signals Yes Islamic Account No Guaranteed Stop Loss Yes Stock Exchanges Deutsche BoerseS&P 500Shenzhen Stock Exchange Commodities CannabisCoffeeCopperGoldNatural GasNickelOilOrange JuicePalladiumPrecious MetalsSilverSoybeansSteelWheat Forex Trading Yes Forex GBPUSD Spread 0.9 Forex EURUSD Spread 0.7 Forex EURGBP Spread 1.1 Forex Assets 300+ Crypto Lending No Crypto Staking No Crypto Mining No Crypto Auto Market Maker No Ladder Options No Boundary Options No Show all >>* The amount that will be credited to the account in the case of a successful deal*General Risk Warning: Your capital might be at riskMin. deposit1$Min. trade price1$Website addresshttps://www.cmcmarkets.com/en/Profitability90%*Demo accountYesCurrencyAUDEURGBPPLNSEKUSDActiveYes * The amount that will be credited to the account in the case of a successful deal Trustpilot Real Time Reviews The Trustpilot rating is 4.2, according to 1586 reviews Jason gb What i find simple and effective about using CMC platform is the convenience and easy to use setup. Client sentiment tool is very useful to the experienced trader! No issues here as I tried so many brokers this is my go to platform/firm love this Colour scheme! Demo accounts are also excellent in regards to spread betting easy access to rearrange funds at a click. 10/10 for support responses and helpfulness. I honestly can’t see any reason to not stay around long term here. Very satisfied indeed.View all Hernan Botero gb Best broker in the market by miles! The best spreads, an excellent platform, and an excellent customer service all in one company! CMC Markets seems to be unreal. I started fully enjoying my life as a trader since i moved to CMC Markets.View all Michael Wilkinson gb So, my experience began with a Demo account at CMC. Straight forward process in opening. The Web platform is very well set out and has all the help I need, Technicals, Time frames, searches, and Tutorials. And lots more. I can fashion a watch list and create my own instruments I trade mostly. This platform has everything a Trader requires. You have access to UK CMC staff if and when required. No questions go unanswered. Transition from Demo to Live account all done within the Demo Account. Also, I have the CMC App on my cell. Its so useful and I have not had any problems with Trade executions, same goes for the CMC Web site. Your left to trade in the know that help is not far from a click if required. I haven't found any glitches or login or Trade executions, there you have it. I don't do promotions, I tell it as it is. I'm in good hands and feel secure being with CMC. Full respect, and would say, my Demo time allowed me to learn and find my way round the Web and App platforms. I recommend CMC platform for all the above and more it can do to help new traders become good sensible traders.View all Mr Green gb Great assistance after I seemed to have messed up the trading chart configuration. A feeling that your organization is that of a friendly & professional company.View all Dr Paul Donnellan gb I’ve been with CMC for over a decade now. Excellent mobile platform with a wide range of supporting analytics, news, and sentiment information. Easy to access and responsive client services team when needed. Fund withdrawals completed in only a couple of hours. Now offering 2% interest on GBP funds in my account. That’s better than my high street bank !!View all John Poynton gb Good: Range of instruments to trade - especially most of the LSE equities which I find on ShareScope. Bad: Stop losses are often taken out by flagpoles - those exceptional spikes that typically though not always occur on opening, though I have made a profit on a limit flagpole as well.View all Load more Cory Mitchell Author Hannah Jones Editor 10 min read Published: October 25, 2018 Updated: December 19, 2022 Views: 154Content CMC Markets Overview CMC Markets Trading Terms and Product Offerings CMC Markets Trading Platform Review CMC Markets Funding and Withdrawal Options CMC Markets Review of Security of Funds CMC Markets Regulations Review FAQsCMC Markets Overview CMC has a long history of excellence in the contract for difference (CFD) broker industry. It offers more than 10,000 financial products to trade. CMC is regulated in multiple jurisdictions, most notably in the UK by the FCA, in Canada by IIROC, and in Australia by ASIC.Client funds are held in trust in a segregated account, which helps eliminate fraud and the company using client’s funds for other purposes. The company offers 24-hour support. Since it has regional offices in multiple locations around the world, customer support is offered in a number of languages.Offices are located in the UK, Australia, Austria, Canada, China, France, Germany, Ireland, Italy, New Zealand, Norway, Poland, Singapore, Spain, and Sweden. CMS is a CFD broker, which means traders aren’t actually buying or shorting the underlying asset. Rather, they are making a bet with the broker about the underlying asset.CFDs fluctuate in value along with the underlying asset. Spreads may be bigger in CFDs compared to the underlying asset, but you may be able to access more leverage. CMC charges a commission on shares trading, but only charges the spread on other assets.In the UK, CFD trading is called spread betting. UK residents can open a spread betting account and trading gains aren’t taxable. Spread betting accounts are only for UK residents, and outside the UK, CFDs are subject to local tax regulations.Further reading The Most Popular Trading Assets For Binary Options How to make money on binary options without any investment? Building Small Profits, Fast: How to Use an Options Scalping Strategy for Trading Trading Strategy: ALMA with Moving Averages How to Buy Stripe Stock The 80/20 rule In Trading. How To Implement It?CMC Markets Trading Terms and Product Offerings Trading terms or conditions refer to the spread, commissions, and margin offered on trading products.Here are the trading terms for CMC Markets.CMC Markets Commission Rates and SpreadsThe spread is the difference between the bid and ask prices. CMC Markets is a CFD provider, meaning you’re not buying or selling the actual underlying asset. CMC Markets controls the spread you pay, and it’s generally much higher than what the actual underlying market would offer.The spread is a cost, so the lower the spread the better. CMC Commissions are 0.1% of the total trade value of share/stock transactions in the UK and Europe. CMC commissions are 2 cents per share for US shares. There is a $10 or £9 minimum commission on each trade. Commissions are only shared on shares trades.CMC Markets Margin and LeverageMargin is the amount of capital you need to control a position. For shares it is 20%. That means you can buy $10,000 worth of stock with only $2,000. You only need 20% of the value of the position to open it and maintain it. Another way to think of margin is as leverage, so for example, 20% is 5:1 leverage. A 3.3% margin, like in forex, is 30:1 leverage.CMC Markets Holding Costs and Other FeesAnother difference between CFDs and the real underlying market is holding costs. CMC charges a fee for every day a position is held. The fee ranges between 0.0008% and 0.1% of the total position value. This is charged daily, and the amount charged varies by product.To see the daily holding costs, visit the CFDs page, select an asset class, then scroll down to the “Costs” section. Two holding costs are listed: one for if you are holding a short position, and the other for if you are holding a long position. The margin and spread are also listed for that specific product.If you want real-time share data, you will need to activate a market data subscription. These fees vary based on the data you need. These fees are refunded if you make more than 2 trades per month as a non-professional investor. If an account is dormant for more than a year, it is subject to a fee of £10 per month.CMC Markets Product OfferingsCMC Markets has one of the widest product offers of any broker in the world.More than 330 forex pairsMore than 80 global stock indices, including the FTSE 100, Dow Jones, Nasdaq 100, and German Dax21 cryptocurrencies, including Bitcoin, Bitcoin Cash, Etherium, and LitecoinMore than 100 commodities, including gold, silver, oil, and natural gasMore than 10,000 shares from stock exchanges around the worldMore than 1,000 ETFs from stock exchanges around the worldMore than 50 interest rate/treasure products from the US and European countries.There is no shortage of things to trade. Keep in mind that most great traders (not all) are specialists in a particular market. Most don’t trade everything; they pick a market and hone their skills.Further reading Take-profit and stop-loss on the IQ option platform! 11 BEST PAPER TRADING APPS (TRADE WITH NO RISK) Close Option - binary options broker review Investors take Forex platform ROFX and its founders to court Pip calculator Finrally binary options review 2023: should you sign up with this broker?CMC Markets Trading Platform Review CMC offers a number of trading platforms suitable for different styles of trading.Here is CMC’s in depth platform user guide.The CMC Next Generation trading platform is their flagship. It is intuitive and relatively easy to use and get started with. One of the key features that traders like is that you can place your entry, stop loss, and profit target all once.The order entry tool shows you exactly the value of the position, the margin required for the position, as well as how much you will make or lose if the price hits the profit target or stop loss.The Next Generation platform is also offered for mobile devices. MetaTrader 4 is a popular platform for forex and CFD commodity trading. Its user-friendly interface offers algorithmic trading capabilities. You can trade shares via the Next Generation platform, the Share Trading platform, or the Share Trading Pro platform.The Share Trading platform offers research and portfolio tools, as well as more advanced features such as customizable charts and the ability to link features together for rapid ticker symbol changes. The linked modules update in realt-time to show you the information you need to make your trades.Further reading How long to learn binary options trading in 2023? What Is Online Wealth Market (The Full Review 2023) The Story Behind the MBA Forex Scam and Closure Top Five Richest and Most Influential Traders Today Live Currency Heat Map CXMARKETS BROKER REVIEW 2023: COST AND BENEFITSCMC Markets Funding and Withdrawal Options An array of funding and withdrawal options make it easy to put money into your trading account, as well as get it out.CMC Markets UK offers funding and withdrawals via:Credit or debit cardBank transferPayPalOther jurisdictions offer bank wires if an electronic bank transfer isn’t available. PayPal and credit cards are not available for deposits and withdrawals in all jurisdictions. Outside the UK, you will likely be limited to electronic bank transfers or bank wires.There is no fee for deposits, but your bank, PayPal, or credit card may charge a fee. CMC withdrawals typically take 1-2 business days to process. There is no fee for most withdrawals, but your credit card or PayPal may charge a fee. Fees for bank wire and bank transfer withdrawals range from $10 to £15.Further reading Grand Capital Broker Overview - Pros, Cons, and Warnings FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? Learn to Use the Economic Calendar: Binary Options Trading How to Trade Trend Channels and Ranges (Rising, Falling and Sideways Price Channels) 10TRADEFX REVIEW 2023: IS IT WORTH IT? Free Online Interactive Binary Options Charts and Why You Should Use ThemCMC Markets Review of Security of Funds CMC holds clients’ funds in trust. CMC can’t access client funds for its own purposes, which helps prevent fraud and keeps clients’ funds protected.Segregating funds is an important safety feature that some brokers offer. It means that if the company is financially distressed they can’t dip into client funds. Your funds are held in a separate trust account.If CMC were to enter bankruptcy, client funds would be distributed back to clients less any bankruptcy administration fees. Such fees could then be reimbursed by your local investor protection organization, if applicable.For example, the Financial Services Compensation Scheme (FSCS) provides coverage for UK client losses (due to a broker’s insolvency) up to £85,000. Similar measures exist for clients outside the UK, if their country provides such protection.Further reading FXCM Review - Best Forex Brokers What Is an Option eOption review 2023: should you sign up with this broker? Free Online Interactive Binary Options Charts and Why You Should Use Them OptionsHouse by E*Trade - overview of the trading platform What Is AdvCash Or An Off-shore Payment Card AlternativeCMC Markets Regulations Review CMC Markets operates in many countries around the world. This makes it highly regulated, which is a desirable feature that increases trustworthiness to traders.A regulated broker must apply to and be approved by a country’s regulating body. The broker must then abide by local laws and maintain financial health or risk having their license revoked or face charges.Below you can find the jurisdictions where CMC Markets is regulated, and the governing body that regulates them. If you ever have issues with a broker, contact the broker first. If that doesn’t work, you can file a complaint with the regulatory organization.UK – Financial Conduct Authority (FCA)Canada – Investment Industry Regulatory Organization of Canada (IIROC)Australia – Australian Securities and Investment Commission (ASIC)Germany – Federal Financial Supervisory Authority (BaFin)New Zealand – Financial Markets Authority (FMA)Singapore – Monetary Authority of Singapore (MAS)CMC Markets is also a publicly traded company (CMCX), listed on the London Stock Exchange. This provides an added level of credibility, since companies listed on exchanges must file financial statements on time and maintain a certain level of financial health. If they don’t, they risk being delisted from the exchange.CMC Markets Support ReviewCMC Markets offers live support 24 hours per day during the week via email or phone. Use the CMC Contact Us page to locate your local head office. You’ll find the email and phone number listed.Wait times for phone calls are typically several minutes, and email responses are typically received within 24 hours (during the week) for non-urgent matters. They also offer an extensive FAQ section providing insights on commonly asked questions.Further reading FreshForex Review: Is FreshForex Ideal for Forex and CFD Trading? How To Identify Stocks Gaps Properly? (The 4 Gap Types) Option Robot Review - The Best Auto Binary Trading System? FXTM (Forex Time): A Detailed Review of a Forex Broker with over 4 million users Swissquote review 2023: should you sign up with this broker? 110 Trading Quotes to Set You on the Road to Success FAQsHow is CMC Markets rated as a broker?According to Trust Pilot, an independent user review site, CMC Markets has a rating of 4.2 out of 5 based on more than 1,500 reviews.What should I do if I have a complaint against CMC Markets?First, try to resolve the dispute with the CMC by contacting them via phone or email. If that doesn’t address the issue, contact the regulatory body that governs CMC in your area.How much capital should I deposit with CMC Markets?You can deposit as much or as little as you like. At least $100 or £100 is recommended. This will allow you to meet the margin requirements of most financial assets while trading the smallest position size possible.Which assets should I trade with CMC Markets?CMC offers more than 10,000 financial products you can trade; however, most successful traders are specialists. It will pay to focus on a specialty that you’re most interested in.CMC Markets is a CFD broker, what does that mean?CFDs are a derivative product created by the broker. When you trade a CFD, you are not trading the actual stock, forex pair, or commodity. You’re making a contract with the broker. CFD prices move as the underlying asset moves, but CFDs typically have a higher spread than the actual underlying market.Final Thoughts on CMC MarketsCMC Markets is a reputable broker for CFDs. They are highly regulated and operate in many countries around the world, and offer a wide range of products on which you can trade.The real choice for traders is whether they want to trade a CFD or the real underlying product. There is a tradeoff here; spreads are lower in the real underlying market compared to the spread CMC charges. CMCs commissions are also on the higher end. On the flip side, CFDs offer slightly higher leverage in some cases than trading the underlying product directly.If you want to buy and sell the actual financial asset with no mark-up from the broker, then it’s a good idea to search instead for a traditional (non-CFD) broker. However, if you want to trade CFDs or spread bet, CMC Markets is a solid broker to suit your needs.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading How Сan Binary Options Brokers Cheat You? 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