CMC Markets Review 2021
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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.
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 MarketsTop 3 CMC Markets Customer Reviews
I started working with the broker about six months ago. I like that trade orders are quickly executed; the variety of trading instruments is also an advantage. But the fact that you need to open a separate account for each asset is inconvenient. So far, the opinion is rather neutral.
I have been working with the company for about a year. The platform is stable, orders are executed without slippage, and spreads are very low. I see no reason for discontent. Withdrawal requests are processed quickly, there are many trading tools. I only trade manually, so the lack of investment programs does not bother me. In general, there are no particular complaints: I will continue to cooperate.
I have been a client of CMC Markets for over a year. Everything is fine regarding the stability of the platform and the range of trading instruments. Unfortunately, periodically there are delays when withdrawing funds. I don’t know, maybe it’s just my problem. Support says that it’s in my bank. Although I tried to withdraw to different bank cards, it is the same everywhere.
CMC Markets Latest Comments for 2021
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.
Analysis of the Main Features of the Forex Broker
Dynamics of the Popularity of CMC Markets
in 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.
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:
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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.
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White Label allows the broker to use the CMC Markets network to promote the broker’s business.
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API Direct provides access to CFD and FX liquidity and stable prices for over 400 assets.
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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
| 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
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 |
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:
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57,000 clients worldwide;
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over 50 awards;
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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:
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news feeds;
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more than 100 analytical tools;
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risk management.
Advantages:
modified technical functionality of the proprietary platform;
low spreads;
company experience in the market for over 30 years;
segregated accounts.
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:
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.
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
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.
All information is general, therefore it is recommended to practice on a demo account before trading on a real account.
Security (Protection for Investors)
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
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You can withdraw funds via bank transfer or Visa and MasterCard payment cards.
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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
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:
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call to phone numbers indicated on website;
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email.
Contacts
| Registration address | CMC Markets UK Plc 133 Houndsditch London EC3A 7BX United Kingdom |
| Regulation |
FCA Licence number: 173730 |
| Contacts |
Email:
[email protected],
Phone: +44 (0)20 7170 8200 |
Review of the Personal Cabinet of CMC Markets
How to open your personal account:
On the main page of the CMC Markets website in the top panel, click the "Register" button to create a real account.
Register by entering your current personal data in the appropriate fields: country of residence.
Enter your email and password. Click on the "Continue" button.
The following functions are available in the CMC Markets personal account:
There are also many other useful functions and features here:
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fresh analytics and the section has an economic calendar and news archive;
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analytical tools;
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customer support;
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education.
Tags:
CMC Markets cmcmarkets cmcmarkets com cmc markets com cmcmarkets com de cmc markets com deThe 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
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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.
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