Company Summary
Aspect | Information |
Registered Country/Area | Australia |
Founded Year | 1989 |
Company Name | CMC Markets |
Regulation | FCA, FMA, MAS, IIROC |
Demo Account | Yes |
Minimum Deposit | $0 |
Maximum Leverage | Not Specified |
Spreads | Variable spread form 0.7 |
Trading Platforms | Mobile App, MetaTrader 4, and CMC Markets Invest |
Customer Support | Phones, Emails, and Physical Offices at Multiple Locations |
Payment Methods | Debit/Credit Cards, Wire Transfer, and eWallets. |
Introduction
CMC Markets is a well-regulated and authorized trading platform. The platform was established in 1989 and has provided standard trading assistance since then. The platform offers multiple trading products and advanced trading platforms that ensure client satisfaction. This CMC Markets review delves into the key aspects of the platform ensuring its legitimacy.
CMC Overview
CMC Markets is a publicly listed trading platform. It offers trading services to global clients and traders along with efficient educational services. The platform is regulated by multiple regulatory bodies globally which makes the platform trustworthy and increases its legitimacy.
It operates on the popular trading platform MT4 and has a personal operator CMC Markets Invest. These operators provide advanced tools and features that enhance the overall trading experience.
The platform also provides traders with demo accounts and robust customer support that make trading seamless.
Trading Instruments of CMC Markets
At CMC Markets you can access a variety of trading instruments including
Forex Trading
Traders can access over 330 forex currency pairs. These include all minor, major, and exotic currency pairs helping forex traders to trade in the global market.
Indices
If you trade indices, then CMC Markets is the place for you. They offer over 80 global indices. These include the FTSE 100 and S&P 500.
Commodities
Commodities at CMC Markets lets you trade in various raw materials that help you grow. These include silver, oil, metals, and more.
Shares & ETFs
CMC Markets offers over 11000 shares and ETFs from top global companies. Traders can easily get access to their favorite company share with CMC Markets.
Fees and Commissions of CMC Markets
At CMC Markets, traders get three payment methods to deposit and withdraw funds. These include card payments, bank transfers, and e-wallets. Apart from these, the platform does not offer payment via cash and cheques. Moreover, there is no minimum deposit which makes it easier for traders with smaller funds to start trading.
AT CMC Markets, traders get access to a transparent pricing structure that they can access from the website. It offers detailed information about the spreads, commissions, and overnight fees.
The platform does have additional charges during withdrawal. Traders must check before withdrawal charges, as the prices change depending on the payment method.
Account Types offered by CMC Markets
The CMC Market trading platform does not offer any specific types of accounts. This reduces the segregation and makes it difficult for traders to adapt to the trading account.
The platform does have a free demo account provision. These accounts are perfect for beginner traders as they help them understand and get familiar with the account without risking real funds initially.
If you want various account types with their own benefits, you can check out SmartSTP, TradeEU and Capplace.