CMC Markets, founded in 1989, is a trusted global trading platform specializing in forex and CFD trading. It provides access to a broad range of financial instruments, including currencies, indices, commodities, stocks, and cryptocurrencies. Renowned for its intuitive Next Generation platform, CMC Markets offers advanced charting tools, competitive pricing, and fast trade execution.
Outstanding ingredients
CMC Markets has received over 200 awards throughout its more than three decades of operation, solidifying its position and reputation in the financial brokerage industry.
Some notable awards CMC Markets has received include:
- Broker of the Year: Awarded by Canstar in 2020, recognizing the quality and reliability of CMC Markets in the online stock trading sector.
- Best Web Trading Platform: Awarded by ForexBrokers.com in 2020, recognizing the advanced features and performance of CMC Markets’ online trading platform.
- Best Broker: Recognized by Good Money Guide in 2020, highlighting CMC Markets’ excellence in providing brokerage services to investors.
- Best Broker: Awarded by Investment Trends in 2019, acknowledging CMC Markets as the leading broker based on customer satisfaction.
- Best Broker: Also awarded by Investment Trends in 2018, further cementing CMC Markets’ standing in the financial brokerage industry.
Operating license
The company holds several key licenses, ensuring global regulatory compliance:
- FCA (UK): Authorized by the Financial Conduct Authority, ensuring adherence to strict UK financial standards.
- ASIC (Australia): Regulated by the Australian Securities and Investments Commission, offering protection to Australian clients.
- MAS (Singapore): Licensed by the Monetary Authority of Singapore, following high standards for financial services.
- CySEC (Cyprus): Licensed by the Cyprus Securities and Exchange Commission, allowing operation within the EU.
- FSC (Mauritius): Regulated by the Financial Services Commission, enabling operations in various international markets.
- FMA (New Zealand): Authorized by the New Zealand Financial Markets Authority, ensuring compliance with local financial regulations.
Security and Reliability of the CMC Markets Platform
Client Fund Protection
Segregated Accounts: Client funds are held in segregated accounts, separate from CMC Markets’ own funds, ensuring they are protected in case of the company’s insolvency.
Investor Compensation: Clients are protected by compensation schemes in the jurisdictions where CMC Markets operates, such as the Financial Services Compensation Scheme (FSCS) in the UK, providing compensation if the company defaults.
Risk Management
The company implements strong risk management protocols to safeguard clients from undue risks, including margin call notifications and risk management tools like stop-loss orders.
CMC Markets actively monitors accounts and transactions for unusual activity to detect and prevent fraud. Additionally, it provides clients with educational resources to help them recognize potential scams or phishing attacks.
Outstanding features of the CMC Markets platform
Wide Range of Instruments
CMC Markets offers access to a broad range of financial instruments, including over 330 forex pairs, thousands of global stocks, major stock indices, commodities like oil and gold, and popular cryptocurrencies such as Bitcoin and Ethereum. Traders can also engage in spread betting and CFDs, allowing them to profit from both rising and falling markets.
The platform caters to diverse trading strategies, giving clients the flexibility to trade across various asset classes. This variety provides ample opportunities for both beginners and advanced traders to diversify their portfolios and manage risk effectively.
Advanced Trading Platforms
The company offers a proprietary trading platform known for its user-friendly interface, powerful charting tools, and real-time data. It includes over 40 technical indicators, customizable layouts, and a wide range of market data to help traders analyze and execute trades effectively.
In addition to the proprietary platform, CMC Markets supports MetaTrader 4 (MT4), a widely used platform favored by experienced traders. The mobile app also allows traders to manage their accounts and execute trades on the go, with full access to all platform features.
Educational Resources
CMC Markets provides a comprehensive collection of educational materials, including webinars, guides, and video tutorials for traders at all levels. Beginners can access step-by-step guides on trading basics, while advanced traders can explore more complex strategies and technical analysis.
The platform also offers daily market insights, analysis, and forecasts from experts to help traders stay informed. With practice accounts available, users can hone their skills risk-free, gaining hands-on experience before trading with real capital.
Risk Management Tools
The company offers a range of risk management tools, such as stop-loss and take-profit orders, to help traders control potential losses and secure profits. Guaranteed stop-loss orders (GSLO) are also available for a fee, ensuring positions are closed at the desired price, even during volatile market conditions.
The platform includes negative balance protection, preventing traders from losing more than their account balance, and margin alerts to warn when funds are nearing margin call levels. These features help traders manage risk more effectively and avoid unwanted surprises.
Types of accounts on CMC Markets
Standard Account
The Standard account is suitable for most traders and provides access to a wide range of markets, including forex, stocks, commodities, indices, and cryptocurrencies.
Accounts | Pro |
Minimum deposit | No minimum deposit required |
Spread³ | From 0.7 pip |
Commission | No |
Maximum leverage | 1:500 |
Instruments | Offers a wide range of instruments including forex, stocks, commodities, indices, and cryptocurrencies. |
Demo Account
CMC Markets offers a demo account that allows traders to practice trading with virtual funds. This is useful for beginners or those looking to test strategies in a risk-free environment before using real capital.
The demo account provides access to the full range of markets and trading features, helping users familiarize themselves with the platform.
Types of platforms on CMC Markets
Web platforms
The company offers a Web Platform that provides a user-friendly, feature-rich trading experience directly from a browser. Key features include:
- Advanced Charting Tools: Real-time charts with over 40 technical indicators and drawing tools for in-depth analysis.
- Customizable Layout: Personalize the interface with multiple chart views and tailored workspaces.
- Access to Wide Range of Instruments: Trade forex, stocks, commodities, indices, and cryptocurrencies without needing to download any software.
- Real-Time Market Data: Live price feeds, news, and analysis to keep traders informed.
- Integrated Risk Management: Includes stop-loss and take-profit orders, along with other risk management features.
MetaTrader 4
CMC Markets offers MetaTrader 4 (MT4), a popular platform known for:
- Advanced Charting: Over 30 indicators and customizable charts for in-depth technical analysis.
- Automated Trading: Supports expert advisors (EAs) for automated strategy execution.
- Customizable Interface: Personalize layouts and tools to suit individual preferences.
- Wide Market Access: Trade forex, CFDs, commodities, and more.
- Mobile App: Access and trade on the go with the MT4 mobile app.
Conlusion
CMC Markets stands out as a trusted and versatile trading platform, providing access to a wide variety of financial instruments with competitive spreads. With strong customer support and comprehensive educational resources, CMC Markets is a great choice for traders of all experience levels looking to navigate the global markets confidently.