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CMC Markets Review

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CMC Markets
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General Rating

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4.30/5

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CMC Markets is a well-established broker since 1989. CMC Markets has headquarters in Germany and United Kingdom. CMC Markets to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by BaFin 154814 and FCA (UK) 173730.


Company Information

🌐 Website
www.cmcmarkets.com

Year Established
1989

🌎 Country
GermanyUnited Kingdom

💼 Regulation

Features

📖 Free education

📁 Segregated accounts

Account Information

Apart from the forex demo account, this broker offers Live account, Binary options and CMC Pro. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by CMC Markets is up to 1:500. Meanwhile, you can open an account with a starting capital of $1.

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Min Deposit

$1

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Max Leverage

1:500

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Spread

Fixed

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $200

💡 Min Position 1 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

🕛 Overnight interest rates (swaps)

1️⃣ One-click trading

Instruments Traded

Besides lots of currency pair, CMC Markets also offers some instruments you would like to trade on, such as Forex, CFD, Indexes, Soft commodities, Spread betting and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Live account account, CMC Markets specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Indexes

Indexes
1:20

Spread betting

Spread betting

Crypto

Crypto
1:2


💲 Min Deposit $200

💡 Min Position 0.0002 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

Instruments Traded

Besides lots of currency pair, CMC Markets also offers some instruments you would like to trade on, such as Binary options for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Binary options account, CMC Markets specifically provides it with the following instruments and leverage:


Binary options

Binary options


💲 Min Deposit $1

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

1️⃣ One-click trading

Instruments Traded

Besides lots of currency pair, CMC Markets also offers some instruments you would like to trade on, such as Forex, CFD and Spread betting for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for CMC Pro account, CMC Markets specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Spread betting

Spread betting

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

CMC Markets also provides payment with Credit/debit cards



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, CMC Markets offers you CFD Platform and Spread Betting Platform.

Customer Support

Do you have any question or find any trouble related to CMC Markets? If you do, you should reach CMC Markets's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

Chinese
Danish
English
Finnish
French
German
Italian
Japanese
Norwegian
Spanish
Swedish

Office Support

Email Support

Call Support

Chat Support



FAQ About CMC Markets

Is CMC Markets a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if CMC Markets is a good broker for you or not by reviewing the criteria. In general, CMC Markets provides trading service in Forex , CFD , Indexes , Soft commodities , Spread betting , Crypto and Binary options . As for the payment methods, you can choose between Credit/debit cards and Wire transfer. The customer support is available via Email, Office, Phone and Web form.


What is the minimum deposit for CMC Markets?

The starting capital in CMC Markets is $1.


Is CMC Markets regulated?

CMC Markets is regulated by BaFin 154814 and FCA (UK) 173730. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is CMC Markets legit?

CMC Markets is a brokerage company offering trading services for clients since 1989 with offices in Germany and United Kingdom.