CMC Markets review
About the broker
Established in 1989, CMC Markets is regulated by the Financial Conduct Authority (FCA) and offers traders a wide range of trading options. In terms of execution, the broker uses the Market Maker (MM) model, and offers competitive spreads that start from as low as 0.7 pip. This can be attractive to traders looking for low transaction costs.
CMC Markets also provides leverage of up to 1:30, which can increase trading potential, and the minimum account deposit is only $1. In terms of bonuses, the broker offers no deposit bonus or no deposit bonus. Several options are available for deposits and withdrawals, including bank transfer and credit/debit card payments. CMC Markets offers a wide selection of trading instruments, including equities, CFDs (Contract for Difference), gold and silver, commodities, oil, indices, and many major and minor currency pairs, including exotic currencies.
The broker has its own mobile trading platform and its own desktop trading platform. Unfortunately, social trading is not supported. Other features of the broker include scalping and hedging options, segregated bank accounts, and the ability to open an Islamic account for traders who follow Islamic rules regarding finance.
Risk warning CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Basic information | |
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Regulations | |
Number of instruments CFD | 5 |
Broker type | MM |
Customer support | |
Deposit from | 1 EUR/USD |
Spreads | 0.8 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
Real Stocks and ETFs | |
Platforms | |
Instruments CFD | Commodities, Share CFDs, Forex, Cryptocurrency traded as CFD, Indicies |
Established | 1989 |
Location | CMC Markets Austria: CMC Markets Germany GmbH Niederlassung WienMillennium Tower Wehlistrasse 66/51200WienÖsterreich |
Phone | +44 (0)20 7170 8200 |
Country | UK, Australia |
About the broker
Established in 1989, CMC Markets is regulated by the Financial Conduct Authority (FCA) and offers traders a wide range of trading options. In terms of execution, the broker uses the Market Maker (MM) model, and offers competitive spreads that start from as low as 0.7 pip. This can be attractive to traders looking for low transaction costs.
CMC Markets also provides leverage of up to 1:30, which can increase trading potential, and the minimum account deposit is only $1. In terms of bonuses, the broker offers no deposit bonus or no deposit bonus. Several options are available for deposits and withdrawals, including bank transfer and credit/debit card payments. CMC Markets offers a wide selection of trading instruments, including equities, CFDs (Contract for Difference), gold and silver, commodities, oil, indices, and many major and minor currency pairs, including exotic currencies.
The broker has its own mobile trading platform and its own desktop trading platform. Unfortunately, social trading is not supported. Other features of the broker include scalping and hedging options, segregated bank accounts, and the ability to open an Islamic account for traders who follow Islamic rules regarding finance.
Basic information | |
---|---|
Regulations | |
Number of instruments CFD | 5 |
Broker type | MM |
Customer support | |
Deposit from | 1 EUR/USD |
Spreads | 0.8 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. |
Real Stocks and ETFs | |
Platforms | |
Instruments CFD | Commodities, Share CFDs, Forex, Cryptocurrency traded as CFD, Indicies |
Established | 1989 |
Location | CMC Markets Austria: CMC Markets Germany GmbH Niederlassung WienMillennium Tower Wehlistrasse 66/51200WienÖsterreich |
Phone | +44 (0)20 7170 8200 |
Country | UK, Australia |
Licences and regulation
CMC Markets broker has quality licenses and regulations, which includes authorization from reputable regulators and supervisors in the financial sector. These licenses and regulations ensure that the broker meets strict standards and requirements regarding security and transparency of trading, which contributes to the credibility and protection of traders.
- CMC Markets Canada Inc. - IIROC (Canada) and Ontario Securities Commission
- CMC Markets Germany GmbH - BaFin No. 154814
- CMC Markets Asia Pacific Pty Ltd - ASIC (Australia) registration no. ABN 11 100 058 213, AFSL No. 238054
- CMC Markets NZ Ltd - FMA (New Zealand)
- CMC Markets Singapore Pte Ltd - MAS (Singapore) registration no. No./UEN 200605050E
- CMC Markets plc - FCA (UK) registration no. 173730
- CMC Spreadbet plc - FCA (UK) registration no. 170627