Broker CMC Markets is one of the leading FX and CFD trading companies founded in 1989. It operates as an online brokerage company linking traders to many liquidity markets. 

The broker claims to offer advanced spread betting and CFDs trading services on over 10,000 instruments through its trading platforms. 

A solid experience in the financial services market, regulation in the UK, and segregated accounts for clients are the foundation of a high level of traders’ trust. The broker also has a risk management program. 

How to start trading with a CMC Markets broker?

How to start trading with a CMC Markets broker?

Step 1. Log into the official website.

Step 2. Click the Create Account button and fill up the form with all the needed details.

Step 3. Verify your email address by entering the security code sent to you.

Step 4. Choose the type and preferred currency.

Step 5. Verify your identity using KYC documents and fund your account.

Customer support at CMC Markets broker

Customer support at CMC Markets broker

The broker prides itself on having a portfolio of awards for good customer support. The broker’s trading platforms offer real-time customer support 24/5 and attribute to its elevated reputation of good customer service. In addition, the broker allows clients access to a rich customer support platform via its website.

It offers clients real-time information about trading topics on its Help topics sections and answers most raised queries by clients through its FAQs section. 

Nonetheless, the broker provides a Contact Us section to receive the most complicated questions from traders. The broker claims to answer 98% of the calls made within 20 seconds.

Year of foundation 

Founded in 1989, CMC Markets (LSE: CMCX) has gradually become one of the leading retail FX and CFD brokers, offering nearly 10,000 CFDs across major asset classes, including FX, commodities, and securities.    

In 2016, CMC Markets was listed on the London Stock Exchange under the ticker CMCX, with an initial valuation of $1 billion, making it one of the largest tech IPOs of the year. 

The broker offers its Next Generation trading platform as a web version, also available as a mobile app for Android and iPhone / iPad devices. 

CMC Markets serves over 60,000 clients through its 15 offices worldwide and its registered branches in the UK, Canada, and Australia. 

Regulation

CMC MARKETS BROKER Regulation

The head office located in England holds the trading license № 173730 from the Financial Conduct Authority (FCA). The broker operates under 1-tier and 2-tier regulations. Besides, the brokerage company stock is publicly traded on the London Stock Exchange.

In addition, the company’s subsidiaries operate under the surveillance of regulatory bodies based in the same region. CMC Markets Australia abides by the Australian Securities & Investment Commission (ASIC) laws. 

Regulatory facts:

  • Multi-regulated broker (FCA, FMA, ASIC and more)
  • Highest regulation for trade 

Broker’s awards

Broker’s awards

The company won over 50 awards, recognizing the quality of the service and dedication to delivering innovation and technology to our clients.

Key broker features 

Key broker features 

 Trading tools

  • EAs on news and insights
  • Trading calculator
  • Charting tools
  • Advanced order options like one-click trading, price ladders, etc.

Analytical tools

  • Market watch information tools
  • Technical analysis tools
  • Indicators & signals

Fees

The broker imposes trading fees and commissions depending on the account type and asset. CFD and corporate account traders face a $10 trading commission when trading shares. They also incur fees on market data depending on their subscriptions. 

Spreads

Spreads

The broker provides spreads referring to 0.7 pips variable across major currency pairs on standard accounts. They only include commissions for investing in stocks and trading stocks. The lower the investment level, the higher the leverage, lower spread, and zero commission on trades – an excellent opportunity for hedgers, scalpers, and high-frequency traders to invest in foreign exchange markets without cost restrictions. 

Market coverage

The broker offers more than 10,000 instruments with competitive spreads and margins. 

CMC- Market coverage

Forex

CMC - Forex
  • Over 350 currency pairs are made up of both significant pairs and exotics. 
  • Some major currency pairs include EUR/USD, GBP/USD, AUD/USD, etc.
  • Spreads starting from 0.7 pips, instant executions at 0.0045 seconds, and with no dealer intervention — clients have a 99.7% fill rate.

Indices

CMC - Indices
  • Over 80 indices trade on the broker based on the FTSE 100 and other regional indices. 
  • The indices basket holds the UK 100, US 30, etc., at a 24/5 trading schedule. 
  • It offers accurate bid/ask prices on these assets with no dealer intervention.

Commodities 

CMC Commodities 
  • Broker’s clients trade over 100 commodity assets.
  • A minimum spread of 0.3 points and a margin rate of 5%. 
  • Some of the commodities include natural gas, gold, silver, etc.

Shares & ETFs

CMC  - Shares & ETFs
  • Over 9000 instruments on shares and ETFs. 
  • The asset class holds about 250 biggest UK shares and the most popular US shares. 
  • They trade with instant execution and automation and 24/5 customer support. 
  • The spreads start from as low as 0.1 points but fluctuate depending on the instrument. 

Cryptocurrencies

CMC - Cryptocurrencies
  • 14 crypto assets.
  • Instant execution and a 99.9% fill rate.
  • Clients experience limited partial and 0 manual dealer interventions. 
  • The min. spreads start from as low as 1.9 points and change relative to the asset. 

Treasuries

CMC - Treasuries
  • Over 50 treasuries with full automation, fast executions, and without any dealer intervention.
  • Access to 24/5 expert customer support to clients trading these instruments and others, such as the US T-Bond trade up to 23 hours a day. 
  • Some of the assets include euro Bund-Cash, UK Gilt-Cash, etc.

Trading platforms 

CMC - Trading platforms 

The broker provides a personalized chart, 35 drawing tools, and 115 indicators. All this allows the trader to go deeper and perform quick technical analysis on the dashboard. They perform price predictions for a given asset, showing how an asset might achieve over the years. 

Charting functions: 

  • Customizable indicators
  • Drawing tools and charts 
  • Automatic pattern recognition 
  • Price projection box 
  • Connection with other chart traders 
  • Viewing expert analysis 

Next-generation platform

CMC - Next-generation platform

This trading platform has several unique tools and numerous support features for beginners and advanced traders. Many features, which can be categorized from simple to complex, provide multiple levels of configuration, including five standard layouts that are optional. 

It serves the broker’s clients on all its accounts. It’s available on the web, desktop, and mobile phones giving clients the ability to trade from anywhere. 

Its features include:

  • Market watch indicators provide clients with new and market insights
  • Advanced features including boundary orders, stop-loss orders, price ladders
  • One-click trading
  • Live chat and feedback
  • Over 10,000 instruments
  • 115 technical indicators
  • Drawing tools
  • 70 chart patterns
  • 12 chart types

Another unique feature of Next Generation for the web is the Portfolio Mixer plugin, which allows you to create baskets of different assets at their net worth (NAV), aggregating them from all your individual investments and distributing them in a dedicated My Mix portfolio.

CMC - Next-generation platform

MT4

The broker also offers the MT4 a substitute for its leading trading platform. The broker submits the MT4 platform as most traders prefer using it to its proprietary platform. 

Its main features include:

  • Instant trade executions
  • Tight spreads
  • Automated trading
  • Live chat with customer support
  • One-click through trading
  • Over 10,000 instruments

Trading accounts

CMC - Trading accounts

Spread Betting account

  • The min. deposit is 0
  • Access to a demo account
  • There is no trading commissions
  • Negative balance protection +
  • Market data fees –
  • Inactivity fees +
  • Fast execution
  • Access to over 10,000 instruments
  • Free deposits
  • Free withdrawals
  • Access to free education, online trading courses
  • Access to real-time market trends and advanced trading tools
  • Spreads starting from 0.7 pips
  • Leverages of up to 30:1 for FX
  • Base currencies — GBP, EUR

CFD account

  • The min. deposit is 0
  • Access to a demo account
  • A $10 trading commission on shares only
  • Negative balance protection +
  • Ten base currencies
  • Market data fees +
  • Inactivity fees +
  • Trade with points low points starting from as low as 0.3 points
  • Leverages of up to 20:1 for stock index CFDs and 5:1 for stock CFDs
  • Instant execution
  • Access to over 10,000 markets
  • Free deposits
  • Free withdrawals
  • Access to real-time market trends
  • Access to free education, online trading courses

What else should you know about CMC Markets?

Up to a certain threshold, which varies depending on the instrument you are trading, CMC Markets offers a so-called Guaranteed Stop-Loss Order (GSLO). It guarantees that the stop loss is triggered at the client’s level when setting the risk threshold on their positions. There is a small fee to use GSLO – for example, $8 per 100,000 units for EUR/USD. In addition, GSLO affects the base margin, which is the amount of risk specified in the GLSO order based on the selected rate.