CMC Markets Guide – Read our In-Depth CMC Markets Review
CMC Markets Rating: 5.88 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This CMC Markets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this CMC Markets review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the world of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll acquire adept at all the concepts of broker since you keep trading. For starters, you have to select the ideal broker who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan will create hefty returns. CMC Markets is one such stage which will take you and your investment into great heights. It is important to understand all about CMC Markets until you trust them with your money.
CMC Markets Guide – Brief Summary
CMC Markets Telephone Number:
CMC Markets Email Address:
CMC Markets Address:
Financial Conduct Authority (FCA)
Number Of Clients:
10,000+ CMC Markets users and traders
CMC Markets LinkedIn:
CMC Markets Facebook:
CMC Markets Facebook Likes:
CMC Markets Twitter:
CMC Markets Twitter Followers:
CMC Markets Instagram:
CMC Markets Instagram Followers:
CMC Markets Youtube:
Losses can exceed deposits
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|Regulated By:||Financial Conduct Authority (FCA)|
|Number Of Clients:||10,000+ CMC Markets users and traders|
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|CMC Markets Facebook:|
|CMC Markets Facebook Likes:||0|
|CMC Markets Twitter:||@|
|CMC Markets Twitter Followers:||0|
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Losses can exceed deposits
Our entire CMC Markets Review covers all you need to learn about trading with CMC Markets. A fantastic broker can multiply your initial investments and provide you positive profits. If you want to make profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a frequent misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
CMC Markets is a broker which has forged its way successfully to the broker world. In this review, we have tried to collate some of the important aspects of CMC Markets. This review can help you to know whether CMC Markets is a good match for your own investments or not. We've tried to breakdown all of the qualities and charges for your advantage.
CMC Markets Review, Table Of Contents
- Who are CMC Markets?
- Benefits Of Trading With CMC Markets
- Everything you should know about trading with CMC Markets
- Is CMC Markets Safe To Trade With?
- CMC Markets Risk Disclaimer
- Pro's & Con's Of Trading With CMC Markets
- Compare Brokers Similar To CMC Markets
- Regulation And Licencing In More Detail
- CMC Markets Awards
- Minimum Deposit Required For A Live Account With CMC Markets
- CMC Markets Commission And Fees Explained
- Compare broker fees against CMC Markets
- CMC Markets Withdrawal Fees Explained
- CMC Markets Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With CMC Markets?
- CMC Markets Customer Support
- Alternatives To CMC Markets
- Frequently Asked Questions About CMC Markets
Who are CMC Markets?
CMC Markets is a forex broker headquartered in UK and provides a variety of instruments for online trading. Since its establishment in 1989, CMC Markets has emerged as a top-tier player in the industry of online broker. CMC Markets includes a highly competitive and full-featured trading website that's focused on forex, indices, metals, stocks , commodities.
Over the past 32 years, CMC Markets has grown into one of the leading online brokers.
After establishing in 1989, their consumer base has become as big as 10,000+ clients.
CMC Markets is the favourite of many dealers.. Our CMC Markets review found that they are an excellent choice for automated trading solutions. They're most appropriate for investors who are looking for a variety of assets. Social and automated trading solutions are the core at CMC Markets.
Technology plays a significant role in CMC Markets. CMC Markets features trading on Web Trader, Binary, Tablet & Mobile apps. CMC Markets is fair, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational department at CMC Markets is very insightful for new dealers since it permits them to have a closer look in the financial markets. CMC Markets caters to all sorts of traders and are a must-have broker for any well-diversified method of trading.
CMC Markets Videos
If you feel that CMC Markets is not right for you then at the bottom of this CMC Markets review you wil find a lot of alternatives to CMC Markets.
What you ought to know about trading with CMC Markets
CMC Markets is a dynamic platform that offers various techniques of trading. These instruments cover the financial markets considerably. Most of the broker platforms offer fewer methods than CMC Markets
If you would like to exchange with CMC Markets, you'll require a minimum deposit of $200. This deposit is required if you want to begin trading with CMC Markets. This 2021 CMC Markets review will direct you clearly about trading with them.
CMC Markets is as flexible as another broker platform. CMC Markets is great for traders that want a manageable assortment of cheap services. The platforms supplied by CMC Markets are third party, white-label offerings. All traders can pick out of Web Trader, Binary, Tablet & Mobile apps.
Together with everything, CMC Markets has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade has to be kept available. The agents offer premium customer service that rewards clients with benefits.
Many less reputable brokers try to pressurise users into larger funding for superior services. CMC Markets, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more advantages will come along.
CMC Markets accounts are available around the world and provides quality service everywhere they have customers. There are some select few countries where CMC Markets accounts are not available. Traders in the following countries cannot open or use a CMC Markets account:
BR, KR, IR, IQ, SY, JP, US
Is CMC Markets Safe To Trade With?
Launched in 1989, CMC Markets has been operating for 32 years, they have a head office in UK.
CMC Markets is regulated by Financial Conduct Authority (FCA). These bodies have rules that make sure that trading platforms have measures in place to maintain investor's resources secured. This means that CMC Markets users don't need to be worried about their money as it is segregated and safely stored in established banks. SSL encryption simplifies each user's personal information also.
You can make use of a choice for Two Factor Authentications (2FA) with CMC Markets for increased security. An SMS for the verification code will be sent to your phone. You'll be asked to input this code to log in to your account.
Another concern with fiscal brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is more prevalent in the case of Market Maker agents who compete with customers on the platform.
CMC Markets Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With CMC Markets
Every online trading platform will have a few pros and cons CMC Markets review would be complete without having a balanced approach. This CMC Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
CMC Markets Pro's
- CMC Markets is trusted by 10,000+ clients
- CMC Markets has low minimum deposit requirements
- CMC Markets doesn't charge deposit fees
- CMC Markets doesn't charge CFD fees
- CMC Markets offer trading on Web Trader, Binary, Tablet & Mobile apps
- CMC Markets offer 100 trading instruments
- CMC Markets trades major forex pairs
- CMC Markets trades minor forex pairs
- CMC Markets trades exotic forex pairs
- CMC Markets can communicate in English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian
CMC Markets Con's
- CMC Markets does not offer Negative Balance Protection
- CMC Markets does not offer Guaranteed Stop Loss
- CMC Markets charge withdrawal fees
- CMC Markets charge inactivity fees
- CMC Markets doesn't offer trading on cryptocurrencies
- CMC Markets doesn't offer social trading
- CMC Markets doesn't offer copy trading
- CMC Markets doesn't offer trailing stop
CMC Markets Review - Compare Brokers Similar To CMC Markets
|CMC Markets||WellsTrade||swiss markets||pro finance service|
|Rating||5.88 / 10||1.73 / 10||4.9 / 10||5.95 / 10|
|Regulated By||Financial Conduct Authority (FCA)||Unregulated||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F315||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F296|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||Your capital is at risk||Your capital is at risk|
CMC Markets Review - Regulation And Licencing In More Detail
CMC Markets is regulated by Financial Conduct Authority (FCA).
CMC Markets, as a company, has a powerful collection of rules for ensuring honest trading onto its own platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
CMC Markets Review - AwardsAt the time of writing this CMC Markets review, and despite CMC Markets’s impressive offering, the company has surprisingly not garnered any other awards to date.
CMC Markets Trading Platforms
CMC Markets are a professional brokerage that has been operating for over 32 years. They offer a large range of options in their user accounts.
Below we take the main parts of any good online broker and compare CMC Markets with WellsTrade, swiss markets, and pro finance service
CMC Markets Review - Minimum Deposit Required
The minimum deposit that you need to begin on CMC Markets is $200. This is a decent amount for those just starting out. You can create more complex residue as you cooperate. But, ensure you understand how to make the most of your cash before investing in larger amounts.
CMC Markets Review - Commission And Fees Explained
CMC Markets is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the number of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are primarily three different types of penalties for this objective.
The first kind of fees to keep an eye out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight rates are people that are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They are billed for services like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, CMC Markets doesn't charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who often trade, for example weekly or daily trading.
However, non-trading fees charged by CMC Markets are relatively lower. As a result, you are billed more for non-trading actions in your trading account, such as deposits and withdrawal. These aren't about the purchase and sale of assets.
This CMC Markets review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against CMC Markets
CMC Markets Review - Withdrawal Fees Explained
CMC Markets charges a withdrawal fee when you create a bank transfer. Each time you transfer money into your bank accounts, these withdrawal fees become important.
Withdrawal of money is possible at any time from your CMC Markets account. You can withdraw up sums to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't necessarily have to have any money on your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn cash will be sent to the card. CMC Markets will ask you to offer other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you are choosing to draw in.
CMC Markets Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions that run through your mind while open an account with CMC Markets. An inactivity fee is an amount charged to registered dealers that have not participated in purchasing or selling for a while. The period regarded as inactive is decided by the agent.
The inactivity fee also differs from 1 broker to another and isn't generalized. If a traders account does not have a purchasing or selling trade, it is maintained by the broker as an inactivity fee. The traders need to pay this fee under terms and conditions that they had agreed while enrolling.
CMC Markets charges an inactivity fee when you don't create any trades for a while.
Even if no charges are indicated by CMC Markets, it is better that you close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you've selected. The inactivity fee is subjected to a lot of circumstances and needs to be disclosed clearly by the broker beforehand.
CMC Markets Review - Deposit Fees Explained
When you move money into your trading account by the bank account, a deposit fee can be billed by the broker. Most agents don't charge an excessive amount of money for this particular operation.
CMC Markets doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the CMC Markets trading platform is easy. You just need to finish a single-user profile survey to begin depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit substantial amounts.
CMC Markets Review - Compare Broker Deposit Methods
What Can You Trade With CMC Markets?
Note: CMC Markets provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different based on the country of residence of the client.
CMC Markets has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then CMC Markets offer over 35 currency pairs.
Compare CMC Markets, WellsTrade, swiss markets & pro finance service below.
Reviewing The CMC Markets Mobile App
Note: CMC Markets's mobile app has a lot of functions and is being developed all the time. The table below was correct at the time of writing this CMC Markets review.
Understand the capabilities of the mobile apps of CMC Markets, WellsTrade, swiss markets & pro finance service below.
CMC Markets Customer Support
For this CMC Markets review we looked at the customer service options as well as response times. the CMC Markets trading platform problems resolution effectiveness. CMC Markets provides support in various languages including English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian.
CMC Markets Live Chat Support
We tested the live chat on CMC Markets and it works well. We made a request through the CMC Markets livechat through their app and website and recieved a response in less than 20 seconds. There was sometimes no response.
We tried communicating via CMC Markets support in multiple languages and in various countries. CMC Markets were able to resolve our client's problems.
CMC Markets Phone Support
We called CMC Markets and the call was answered very quickly. It was responded to within less than five to ten minutes.
CMC Markets phone support team were able to effectively address our questions and concerns via phone. We tried the multi-lingual CMC Markets team by calling in varying languages. CMC Markets made an effort to make sure that our questions were addressed.
Overall the phone support from CMC Markets was satisfactory.
CMC Markets Email Support
We have sent numerous email to CMC Markets and responses were generally outstanding. The fastest email response from CMC Markets was 5 hours while the slowest response was 12 days! Sometimes there wasn't a response. Response times to support may differ for you at CMC Markets, however, we've had the experience of sending out 10 emails at various times.
The team resolved and answered our queries. The overall average of email support provided by CMC Markets was very good.
Alternatives To CMC Markets
If, after reading this CMC Markets review, they do not fulfill your needs check out these CMC Markets alternatives.
We have scoured the web to find the best alternatives to CMC Markets. Click on the links below to learn more.
Frequently Asked Questions about CMC Markets
Can I try CMC Markets before I buy?
Yes, you can most certainly try CMC Markets before you buy. CMC Markets offers demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demo account on CMC Markets, you may set out using a decent amount of virtual currency. It is to establish a sense of security and confidence in you until you choose to spend your own money.
With this virtual CMC Marketsdemo account, you are able to experiment in any way, to whatever period you wish. You might also open positions, examine different trading approaches, and much more.
CMC Markets specifies on its official site that you can exchange real time stocks with your demo account.
Is CMC Markets safe?
You can drop all of your worries because we believe that CMC Markets is completely safe to use. It's in compliance with the rules of Financial Conduct Authority (FCA).
Nevertheless, CMC Markets doesn't provide assured stop-loss protection.
Why does CMC Markets ask for my passport?
The reason that CMC Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, CMC Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, CMC Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with CMC Markets?
The process to start trading withCMC Markets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the CMC Markets website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with CMC Markets is $200. You should have a good understanding of the details of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with CMC Markets.
The best way to kickstart your trading career with CMC Markets is to open a demo account facility before risking any real money
What funding methods do CMC Markets accept?
There are multiple ways to fund your account with CMC Markets. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal isn't available in all country. The currencies CMC Markets
Is my money safe with CMC Markets?
Yes, your cash is safe and protected with CMC Markets. As you already know, CMC Markets works with proper conformation to. It has established lots of measures to guard all of its investors.
CMC Markets protects its customers' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, it is possible to empower Two-Step Verification also. It requires an SMS confirmation that you get your accounts.
Is CMC Markets trading good?
Yes, trading through CMC Markets is a pleasant and good experience indeed. It's an excellent and intuitive platform with helpful features for your ease. In addition, you can even gain access to a huge collection of educational resources and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries does CMC Markets support?
CMC Markets operates across the globe. However, due to regulations there are some countries that CMC Markets cannot accept clients from BR, KR, IR, IQ, SY, JP, US
Is CMC Markets legit?
CMC Markets is a legit company headquarted in UK since 1989. They are regulated by Financial Conduct Authority (FCA). CMC Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is CMC Markets a good broker?
CMC Markets is a great broker, and its users can vouch for it. The highlight of this platform is its quick order execution on trades.
You'll discover the clean layout of the platform and the admirable features a pleasure to work with.
Is CMC Markets a trustworthy broker?
Yes, CMC Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for CMC Markets?
The minimum deposit to open a live account with CMC Markets is $200
How long do CMC Markets withdrawals take?
Normally, withdrawal of money from CMC Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from CMC Markets to show in your bank account.
Are CMC Markets regulated?
CMC Markets are regulated by Financial Conduct Authority (FCA)
Is CMC Markets a market leading broker?
CMC Markets is currently one of the business leaders. It has over 10,000+ registered users and over 32 years of expertise on its own record. They're one of the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this standing to its incredible platform and broad range of resources plus tools so you may put money into capital markets.
Is CMC Markets a con?
No, CMC Markets is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that CMC Markets is not a scam.
Can you make money with CMC Markets?
Using CMC Markets, many traders make a great deal of money. However, typically, through consistent trading, you also can create between 2% - 10% profit a month.
This can look to be a little number, but over the entire year, this adds to a substantial amount of gains. Even though CMC Markets provide you all of the tools to earn money, they can't guarantee that you will profit.
Does CMC Markets have fees?
Yes. To start trading with CMC Markets, you need to deposit $200. Certain commissions while trading additionally apply. Any processing fees from your bank might have to be incurred by you.
When was CMC Markets founded?
CMC Markets was founded in 1989 in UK. CMC Markets is regulated by Financial Conduct Authority (FCA).
How many people use CMC Markets?
CMC Markets is a worldwide recognised agent with 10,000+ customers.
Where is the CMC Markets head office?
CMC Markets has its head office in UK
Does CMC Markets offer negative balance protection?
No. CMC Markets doesn't offer negative balance protection. If your balance is unfavorable, CMC Markets indicates you promptly contact client services. With this, you can correct any imbalances in your own account.
Does CMC Markets offer guaranteed stop loss?CMC Markets unfortunately, does not offer guaranteed stop loss. CMC Markets gives an opportunity for its traders to close their trades at their given price. Aside from that, CMC Markets does not offer guaranteed stop loss.
Does CMC Markets allow scalping?Yes, CMC Markets do permit scalping. Many traders across the world choose CMC Markets due to their scalping services. They offer trading on Web Trader, Binary, Tablet & Mobile apps which allow this.
Does CMC Markets allow hedging?
Yes, CMC Markets does allow hedging.
Can you trade energies with CMC Markets?
Yes, you can trade energy stocks with CMC Markets
Can you trade agricultural shares with CMC Markets?
Yes, you can trade agricultural stocks with CMC Markets
Can you trade cryptocurrency with CMC Markets?
No, unfortunately you cannot trade cryptocurrency with CMC Markets
Can you trade metals with CMC Markets?
Yes, you can trade metals with CMC Markets
Can you trade UK Shares with CMC Markets?
Yes, you can trade UK shares with CMC Markets
Can you trade US Shares with CMC Markets?
Yes, you can trade US shares with CMC Markets
Can you trade Japanese Shares with CMC Markets?
No, unfortunately you cannot trade Japanese shares with CMC Markets
Can you trade German Shares with CMC Markets?
Yes, you can trade German shares with CMC Markets
Does CMC Markets accept bank transfers?
Yes, CMC Markets accepts bank transfers for depositing money.
Does CMC Markets accept credit cards?
Yes, CMC Markets accepts credit cards for depositing money.
Does CMC Markets accept PayPal?
No, CMC Markets does not accept PayPal.
Does CMC Markets accept Skrill?
No, CMC Markets does not accept Skrill.
Does CMC Markets accept Payoneer?
Yes, CMC Markets accepts Payoneer for depositing money.
Does CMC Markets accept Neteller?
No, CMC Markets does not accept Neteller.
Does CMC Markets offer Live Chat customer support?
Yes, CMC Markets offers customer support through live chat.
Does CMC Markets offer phone customer support?
Yes, CMC Markets offers customer support over the telephone.
Does CMC Markets offer email customer support?
Yes, CMC Markets offers customer support through email.
What languages can CMC Markets communicate in?
CMC Markets has the ability to communicate and support customers who speak: English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian
Does CMC Markets have a wikipedia page?
No, CMC Markets does not have an official wikipedia page.
Does CMC Markets offer demo accounts?
Yes, CMC Markets offers demo accounts so you can test your trading strategies before risking any real capital. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before risking a live account.