A trading dream makes investors put their funds into the financial market to reap huge returns. Everyone expects unexpected (massive) results shortly. That happens when you’ve got the right conditions, experience, and a trustable broker with tools worth trading in every market’s capacity. CMC Markets broker packs that punch for a user and offer simple to complex instruments for diversifying the portfolio.
The broker helps you in becoming the broker that you want to be in financial markets. It renders you the liberty to take your time and learn nuances of the changes in prices. Also, the trading experience of serious market players counts here. You can enable yourself to trade the way you want to.
CMC Markets Pros
- Offers advanced risk management
- Award-winning customer service
- Competitive spreads
- Tax-free spread betting
- Swift automated execution
- Get expert analysis
- Consistent news alerts
- Great education courses
- Advanced trading tool
- Competitive spreads
Is CMC Markets Scam?
CMC Markets is an online trading portal that operates in multiple countries and follows its rules and regulations. It has an establishment in Germany (CMC Markets Germany GmbH) and United Kingdom(CMC Spreadbet plc or CMC Markets UK plc).
CMC Markets Germany GmbH is regulated by (BaFin) Bundesanstalt für Finanzdienstleistungsaufsicht. The regulatory authority has also provided it with a license to trade. Its registration number is 154814.
Meanwhile, in the UK, CMC Markets is regulated by FCA ( Financial Conduct Authority). Accordingly, its registration number is 173730. Likewise, for CMC Spreadbet plc, the registration number is 170627.
A trader can visit the physical address: 133 Houndsditch, London, EC3A 7BX.
So, the broker complies with all regulations for every country. Also, it ensures your data and funds remain safe. Thus, you can safely trade on CMC Markets.
CMC Markets: Trading Accounts
The broker offers a live trading account to its users that helps in making leeway in the trading markets. The account is compatible with all devices and browsers for every trader, including veteran and novice ones. So, you have plenty of options aligned with the live account that CMC Markets offers.
Also, if you are not aware of trading and want to try your hand, then the brokerage firm offers a demo account. Use it wisely and experiment with all ideas that you have in mind. The brokerage company provides many tools and charts. You can utilise them in different conditions and situations that the practice account throws you.
You get virtual money for getting trained on different markets, assets and real-life environments. You can keep it open for as long as you wish to.
CMC Markets: Account Opening
If you are considering opening a live account with the broker, follow the steps:-
- Click the blue-button at the top-right of the trading portal
- You’ll be asked to select the country of your residence
- After selecting that, you’ll be asked to put in your official email id and password
- A code would be dispatched on your email id
- Put it there and verify the id
- Now, put up your name, phone number, address and other personal details
- Provide the documents for authentication
- Put up your funds and start trading
CMC Markets Trading Platforms
The broker is offering MetaTrader4 (MT4) trading platform services, which is renowned globally for its services holier than thou. It is developed by MetaQuotes that has a reputation to maintain in the financial market with its immaculate services.
- It has more than thirty years of industry experience
- Risk management tools
- Extremely educational
- No minimum deposit required
- Listed on London Stock Exchange
- It allows automated trading programs
- Expert Advisors (EAs) are allowed
- You can trade CFDs here
- A trader can download it through different devices like laptops, desktops, and mobile phones.
- The MT4 app is available on iOS and Android
- Get trading tools
- Charting features for predictions
- News and insights of the market
- Platform user guide
- Get trading ideas
- Swift order execution
CMC Markets: Trading instruments
The broker has a basket full of trading instruments and assets for all traders alike. So if you have the zeal to extend in the extolling environment of trading, there’s no better place than this. You get plenty of opportunities and options for implying your luck and see what works best for you.
Forex
The online trading portal allows you to trade more than 330 forex pairs in the trading market. You have immense leverage for garnering huge profits with lesser amounts in your hands. The lightning-fast execution and tight spreads enable you to see through profits and bigger rewards.
Indices
There are above 80 cash and forward indices on the FTSE 100 and dozens of other markets for investing your funds. You get the chance to trade out of hours and make good money.
Cryptocurrency
You get the chance to trade some of the best crypto coins like bitcoin, ethereum, tron, ripple and others with huge leverage possibilities. As a customer, you feel satisfied after trading with the broker. You get to trade with the fully emerging and top digital currencies in the financial market. The execution is fully automated and lightning quick.
Commodities
Users can trade several metals, energy and other daily usable items in worldwide markets. You can use CFDs for buying and selling these commodities at a quick speed. Customer satisfaction is optimum here.
Shares
A client gets to trade on more than 8000 shares through CFDs. Also, leverage is applicable for them. So, benefits can rise manifolds in quick time. One can receive the best 250 UK shares for trading at the place. The slippage is minimum and there’s no currency risk involved with it.
Share basket
This is exclusively coming from the broker. You can ride on a big trend using a share basket. It is a CFD portfolio where you can trade the growth potential. Cybersecurity and autonomous driving are two of them. You can learn the basket formation, do impact analysis and identify the trend using different tools.
Treasuries
You can trade on more than 50 interest rate instruments and government bonds with leverage. The fill rate is 99.9 per cent with no dealer intervention. There’s no bar on the trading size. A trader can trade out of hours.
ETF Trading
You’ve got over 1000 exchange-traded funds for trading through the CFD platform. You get the most popular themes. The pricing is competitive in the market.
CMC Markets: Commission and Spreads
The broker offers competitive spreads and commissions that assist you in buying and selling your assets easily without having to pay much charge during the time.
The spreads for forex starts from 0.7 points
The commission on shares is a mere 0.1 per cent
On commodities, spreads start from 0.3 points
On treasuries, it starts from 2 points
On indices it starts from 1 point
Moreover, the commission and spreads may vary upon trading in different nations. Their rules and regulations may alter the pattern.
CMC Markets: Leverage
The broker offers massive leverage on every instrument and asset that a trader uses. The broker has got one of the highest leverage in the industry. So, any trader trading with gets the benefit of high leveraging with experts advice. Thus, gains get bigger without losing focus or any money.
CMC Markets: Deposit and Withdrawal
For funding, your account all you need is a credit or debit card. Also, you can use the facility of the bank transfer and do it swiftly. The card or ban account must have your name. Thus ensure that before initiating the fund. For activating the facility, you need to sign in to your account soon after you receive a notification for your application approval while registering.
For withdrawal, you can click on the payments icon and seek your money. You’ll have to select the withdrawals tab. Alternatively, you can ask for the assistance of the client management team. The broker does not transfer money to the third party account during withdrawal. Your request gets processed the same day if you submit it within the banking hours.
CMC Markets: Educational and Research Support
The education system is immensely important and the brokerage firm knows that. Its courses are tailor-made for every beginner and experienced trader. They help you in developing new trading skills and learn the latest ways of trading in the market.
- Webinars and events are available
- Watch videos and tutorials
- Learn from the glossary
- Get trading guides for better investments
For research
- Involve yourself into fundamental
- Weekly outlook
- Morning update
- Featured chart
- Economic calendar
CMC Markets: Customer Support
The customer service support is ready for traders 24*5 when they make a call on the number 02071708200. The executives are quick to respond your calls. Besides, there’s an email id available for every trader. They can write their grievance and dispatch to responsible authorities.
Final verdict
The broker is different from other existing trading portals that you find in the market. It is fully protected and offers trading products that you do not find usually. That opens the gates for experimentation for a market player to invest and create a diversified portfolio. It helps in improving your trading knowledge and customer support makes it count that you are helped in time.
