CMC Markets Review 2021

Overall rating

Overall rating

6

/10

CMC Markets Review 2021

Davis J.
Robertson A.
September 2020
Analysis of the Main Features of the Forex Broker

6

Overall rating

6

/10

Execution of orders

5.9

/10

Investment instruments

5.7

/10

Withdrawal speed

6

/10

Customer Support work

6.1

/10

Variety of instruments

6.3

/10

Trading platform

36

Position
in rating

Trading terminals:

MetaTrader4 Mobile Apps
36

Position in rating

6/10
Overall rating

Trading terminals:

MetaTrader4 Mobile Apps

Attention!

Due to the large number of negative reviews about this company and because it occupies the low position of number 20 on our Ratings List of Forex brokers, the Traders Union does not recommend cooperating with this broker.

Instead, our experts strongly advise you to select a brokerage from among the Top 5 on our objectively ranked list:

Summary of CMC Markets Trading Company

CMC Markets (https://www.CMC Markets.com/en/) is one of the leading companies in Forex and CFD trading, founded in 1989. The broker is regulated by the FCA (UK Financial Conduct Authority). The company provides a wide range of trading assets, including indices, stocks, and cryptocurrencies. 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.

Attention!

We work with accounts opened exclusively through the Traders Union website.

👍 Advantages of trading with CMC Markets:

  • a wide range of assets;
  • high level of security and compensation in case the company is recognized as illiquid;
  • high technical level of the proprietary platform.

👎 Disadvantages of CMC Markets:

  • the basic language of the site and support service is English;
  • withdrawal and deposit methods are limited to bank transfers and Visa and MasterCard cards;
  • despite the impressive amount of information, the official website does not have data on the minimum amount of start-up capital or trade speed;
  • a new account must be opened for each category of trading assets;
  • Apart from manual trading, there are no investment options.

Overall

The CMC Markets broker offers the profitable trading conditions and is characterized as a broker which is providing the high level protection of investments to its traders.

Visit CMC Markets

CMC Markets Latest Comments for 2021

0
0
0

The reviews by customers of the CMC Markets indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of CMC Markets published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Expert Review of CMC Markets

The CMC Markets broker has been on the market for over 30 years and during this time has gained the trust of clients, taking a confident position in the exchange and over-the-counter markets. The list of provided trading assets includes CFDs for stocks, commodities, cryptocurrencies, and classic currency pairs. Low spreads and fast execution of trade orders, and a stable platform attract traders.

The company focuses exclusively on active members working independently. So, it is not suitable for those who wish to receive passive profit by investing in trust management. However, traders who prefer to trade manually have effective analytical tools at their disposal, which positively affects the efficiency of trading operations.

The CMC Markets website is not user-friendly because it contains a lot of really useful information that is not so easy to find.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

6

Overall rating

6

/10

Execution of orders

5.9

/10

Investment instruments

5.7

/10

Withdrawal speed

6

/10

Customer Support work

6.1

/10

Variety of instruments

6.3

/10

Trading platform

Dynamics of the Popularity of CMC Markets
in 2020 among the Users of the Traders Union

Dynamics of the Popularity of CMC Marketsin 2020 among the Users of the Traders Union

Investment Programs, Available Markets and Products of the Broker

The CMC Markets broker does not provide investment programs for clients. The company is focused on cooperation with clients who prefer active trading to improve their own professional level. However, the broker still offers ways of passive earnings. These are affiliate programs.

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] or by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

CMC Markets affiliate program:

  • Gray Label is targeted at licensed investment companies and trading account management firms. It allows you to copy the trading conditions of a broker. Cooperation is discussed individually with each partner.

  • White Label allows the broker to use the CMC Markets network to promote the broker’s business.

  • API Direct provides access to CFD and FX liquidity and stable prices for over 400 assets.

  • Prime Derivatives allow counterparties to trade CFDs through the FIX API that is located in multiple data centers around the world and connected directly to the order management system.

As you can see, all programs are aimed at entrepreneurs. Affiliate programs open up opportunities for business development.

Rebate and Discount Programs of the Traders Union for CMC Markets

The CMC Markets broker is a partner of the Traders Union. Each client of the Union can reduce trading costs through TU’s rebate service. You need to go through a free registration on the Traders Union website (the process takes up to 15 minutes, including verification). Then you need to open an account with CMC Markets using the affiliate link, and that's it. Now you can receive compensation for the spread on the balance of the Traders Union personal account.

Try it!  You’ll like this!

Trading Conditions for CMC Markets Users

Trading conditions of the CMC Markets broker can be attributed to a high level of competitiveness. The leverage reaches a ratio of 1:500. The spread in the company is floating. According to trading conditions, the minimum value of the spread for contracts for currency pairs is 0.7 pips, the average value is 0.9 pips.

No minimum deposit

Minimum
deposit

Up to 1:500

Leverage

24/5

Support

MetaTrader4 Mobile Apps
Trading platform: MetaTrader4, Web trading platforms, Mobile apps
Accounts: Spread betting account, CFD account, Demo (limited)
Account currency: GBP, EUR, USD, AUD, CAD, NOK, NZD, PLN, SEK, and SGD
Replenishment / Withdrawal: Bank transfer, payment cards
Minimum deposit: No minimum deposit
Leverage: Up to 1:500
PAMM-accounts: No
Min Order: No data
Spread: From 0.7 pips
Instruments: Forex, Cryptocurrencies, Indices, Stocks, Commodities, Shares & ETFs, Treasuries
Margin call/Stop Out: 80/50%
Liquidity provider: No data
Mobile trading: Yes
Affiliate program: Yes
Orders execution: Market Execution
Trading features: Cryptocurrency trading is allowed
Contests and bonuses: No

Comparison of CMC Markets with other Brokers

CMC Markets FxPro XM Group Admiral Markets UK AvaTrade
Trading
platform
MT4, MobileTrading, Web platform MT4, MobileTrading, MT5, cTrader MT4, MT5, MobileTrading MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit No $100 $5 $200 $100
Leverage From 1:1
to 1:500
From 1:1
to 1:500
From 1:1
to 1:30
From 1:25
to 1:500
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance No No No No No
Spread From 0 points From 1 point From 1 point From 0 points From 0 points
Level of margin call
/ stop out
80%  /  50% 25%  /  20% 100%  /  50% 100%  /  30% 25%  /  10%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus No No $30 No No
Cent accounts No No Yes No Yes

Broker comparison table of trading instruments

CMC Markets FxPro XM Group Admiral Markets UK AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes
Crypto Yes No No Yes Yes
CFD Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes No Yes Yes Yes
ETF Yes Yes No Yes No
Options No Yes No No No

Commissions & Fees CMC Markets

Information

The Traders Union analysts have analyzed the trading conditions of CMC Markets for explicit and implicit fees. There are no hidden fees. The company only charges for spreads. Their minimum value is the same for all account types.

Account type Spread (minimum value) Withdrawal commission
Spread betting account From $7 No

Also, the Traders Union experts have compared trading commissions at the CMC Markets broker with those of other Forex brokers. Each broker was assigned a level from low to high, based on the results of the assessment for this parameter.

Broker Average commission Level
CMC Markets $7 Medium
FxPro $13.2 High
Admiral Markets UK $5 Low
CMC Markets
$7
FxPro
$13.2
Admiral Markets UK
$5
Conclusion

The CMC Markets broker offers quite attractive conditions on individual instruments. The average value of the spread corresponds to the market average. Also, traders have the opportunity to reduce the volume of trading costs due to the rebate from the Traders Union.

Detailed Review of CMC Markets

CMC Markets is a company that focuses on maximum coverage of trading assets: from currencies and metals to stocks, indices, and securities (US Treasury), as well as cryptocurrencies. CMC Markets provides direct access to trading at prices from global banks and liquidity providers. This feature is implemented thanks to API Direct. The undoubted advantages of the broker also include a high level of security and technical components of the trading mechanism.

A few numbers about the CMC Markets broker that will help a trader to choose a reliable broker:

  • 57,000 clients worldwide;

  • over 50 awards;

  • experience in trading since 1989.

CMC Markets is a broker for professional trading in the exchange and over-the-counter markets

CMC Markets is a direct broker with liquidity providers that offer optimal spreads. The company guarantees the best market prices as well as order execution without slippage. As a terminal, customers can use the classic MetaTrader 4 and the proprietary development of the company, as well as mobile applications. More than 100 technical tools are available to each client, including tools for drawing charts and diagrams. 

A wide selection of CFDs on various assets is what attracts clients around the world. The company offers several accounts for trading CFDs on various financial instruments. The broker also accommodates traders with a demo account.

Useful services of CMC Markets:

  • news feeds;

  • more than 100 analytical tools;

  • risk management.

Advantages:

1

modified technical functionality of the proprietary platform;

2

low spreads;

3

company experience in the market for over 30 years;

4

segregated accounts. 

5

Algorithmic trading and scalping are allowed.

How to Start Making Profits — Guide for Traders

CMC Markets offers two types of Real accounts for each category of selected instruments with identical trading conditions. There is no minimum deposit, the maximum leverage is 1:500.

Account types:

Account Type
Description
Spread betting account
Spread betting account to spread bets;
CFD account
CFD account that allows trading contracts for more than 1000 commodities.

It is possible to open a demo account. It is suitable for strategy testing and training. It is worth considering that the demo account has a limited validity period.

CMC Markets is a company that is suitable for both novices and professional traders who prefer manual contracts for difference (CFDs) trading.

Bonuses Paid by the Broker

Bonus for professionals

For large trading volumes, each client can receive a monthly discount.

CMC Markets Bonuses - For Professionals
CMC Markets Bonuses - For Professionals

Bonus from Traders Union

To receive compensation for the spread, register at Traders Union (it takes no more than 15 minutes, including verification) and open an account using the Union’s referral link. After that, a rebate will be credited to your Traders Union personal account regardless of how the trade was completed. You can find out how to link a valid account and a Traders Union account.

Investment Education Online

Information

The CMC Markets broker provides quality educational information. Thus, it will be very comfortable for traders to cooperate with the company, regardless of their professional level.

Information available in the Education Section
Information not available at CMC Markets site
Risk- management
Online lessons
Technical and fundamental analysis
 
Webinars
 
Training
 
Glossary
 

All information is general, therefore it is recommended to practice on a demo account before trading on a real account.

Security (Protection for Investors)

Information

The CMC Markets broker has been providing services for over 30 years. During this time, the company has earned the trust of customers around the world. CMC Markets is licensed by the UK . It is an international regulator that monitors the fulfillment of their obligations by brokers very closely.

👍 Advantages

  • Availability of segregated accounts in accordance with the requirements of the regulator
  • Independent external audit

👎 Disadvantages

  • Company insolvency insurance is not provided for retail traders
  • It is sometimes difficult for traders to contact the regulator to clarify controversial issues

Withdrawal Options and Fees

  • You can withdraw funds via bank transfer or Visa and MasterCard payment cards.

  • Withdrawal requests are processed on the same day if they are submitted by 14:00 (GMT + 1) for the UK and by 11:00 (GMT + 1) for customers outside the UK.

Customer Support Service

Information

The broker's support service is ready to provide assistance around the clock, but not including weekends.

👍 Advantages

  • Works 24/5
  • Answers quickly

👎 Disadvantages

  • Does not work on weekends

The broker offers several ways to contact support:

  • call to phone numbers indicated on website;

  • email.

Contacts

Registration address CMC Markets UK Plc 133 Houndsditch London EC3A 7BX United Kingdom
Regulation
Contacts

Review of the Personal Cabinet of CMC Markets

How to open your personal account:

1

On the main page of the CMC Markets website in the top panel, click the "Register" button to create a real account.

CMC Markets Review - Registration
CMC Markets Review - Registration
CMC Markets Review - Registration
2

Register by entering your current personal data in the appropriate fields: country of residence.

CMC Markets Review -Personal Data completion
CMC Markets Review -Personal Data completion
3

Enter your email and password. Click on the "Continue" button.

CMC Markets Review - Entering an email and password
CMC Markets Review - Entering an email and password
4

The following functions are available in the CMC Markets personal account:

1. Trade statistics and account management.
2. Account settings.
3. Withdrawal of funds and replenishment of the trading account.
1. Trade statistics and account management.
2. Account settings.
3. Withdrawal of funds and replenishment of the trading account.

There are also many other useful functions and features here:

  • fresh analytics and the section has an economic calendar and news archive;

  • analytical tools;

  • customer support;

  • education.

Tags:

CMC Markets cmcmarkets cmcmarkets com cmc markets com cmcmarkets com de cmc markets com de

The Oldest Reviews of the CMC Markets

The reviews by customers of the CMC Markets indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of CMC Markets published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders.

No entries yet.

Author of this Review

CMC Markets broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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FAQs

Do reviews by traders influence the CMC Markets rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about CMC Markets you need to go to the broker's profile.

How to leave a review about CMC Markets on the Traders Union website?

To leave a review about CMC Markets, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about CMC Markets on a non-Traders Union client?

Anyone can leave feedback about CMC Markets on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with CMC Markets through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.