CMC Markets Review: Features, Pros, Cons, and More 2025!
CMC Markets is based in London, UK, and is listed on the London Stock Exchange (LSE). It serves both individual and business clients and claims to be suitable for both new and experienced traders. After carefully examining the reviews, we found that most of them are genuine, provided by real users sharing their real-life trading experiences. Though CMC Markets is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. In this review, we will take an in-depth look at CMC Markets, exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether CMC Markets is the right broker for your trading needs and preferences.
Other popular pairs
Apart from that, charts and indicators are some basic features you get inside. There’s no need to drop your amount directly into the giant financial ocean. From bitcoin, Ethereum, to Litecoin, you can trade almost every popular digital asset on the go.
For example, you can utilize the main search bar, watchlist, or product library icons located in the top left of the platform interface to locate a trading instrument. My biggest disappointment with the platform is the absence of real stocks or ETFs in the product selection, which limits my options for diversification. Then in 2025, CMC introduced extended hours trading on the ‘Magnificent 7’ US tech stocks for opportunities outside of traditional market hours. There is no specified protection amount for other clients and there is no protection for clients in Australia, New Zealand, Singapore or the Middle East. The brokerage has been operating since 1989 and has licenses from multiple trusted bodies, including the FCA in the UK, CIRO in Canada, and ASIC in Australia.
But here, the broker brings you two options to select from, e.g., web-based and mobile app. You can even use a web-based trading platform on both Android and iPhone devices. Last Thursday, the Bank of Japan may have intervened in the currency market to support the battered yen. Find out more about how the yen could move, and what this could mean for the price of gold.
- The content on this page is not intended for UK customers and you will not be able to open an account.
- This made for a slightly frustrating experience during my hands-on tests of the CMC Markets platform.
- Additionally, CMC Markets does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives.
- To simply put, users can even trade this era’s most famous assets – the crypto-currency.
Beginner-focused articles, guides, videos and podcasts are available in the CMC Markets Learn Hub. Topics and guides are detailed, covering the basics of how to trade different types of assets, beginner-friendly trading strategies, how to use the different platforms and strategy tips. My favorite feature is Opto, an investment magazine offering daily insights, thought pieces and expert-led podcasts covering a range of topics. This is in addition to the reports and analysis provided by Reuters within the Next Generation platform. This allows you to get a feel for the general direction the asset price could move. Furthermore, the broker also specifies the direction the most profitable traders are placing their orders in.
How does CMC Markets segregate client money?
Similarly, the third and the last one is a Corporate account that provides you access to almost every asset you want to trade. CMC Markets is regulated by Financial Conduct Authority (FCA) and the Australian Securities and investment commission (ASIC) in the UK. CMC Markets offers some truly amazing deals and offers to range from free learning courses; referral offers to trade bonus rewards. The trader can choose their preferred payment mode for both withdrawals and deposit activities. In the mainstream, the broker offers you three payment options to select from – Paypal, Wire Transfer, and Credit Card. The actual leverage that a trader will receive depends upon numerous factors.
How to Trade NASDAQ 100 on CMC Markets 2024
This education portal has a deep well of content including articles, guides, videos, podcasts, webinars, and news and analysis. The CMC Opto news aggregator pulls from a range of perspectives to deliver news stories about current and emerging themes that interest active investors. This vertical has a newsletter, quarterly magazine, website, podcast, and free e-books to elevate CMC users’ news and information. Market data feeds are required to view share prices for select products and monthly subscription fees may apply. As a professional high-stake trader, Tom Hougaard talked about why traders should spend less time on market analysis and more time on mental analysis. Tight spreads on 12,000 instruments, volume-based discounts, no hidden fees.
CMC integrates with Autochartist, a provider of market-scanning tools and trade signals, adding a new layer of analytical capabilities. Inbuilt https://traderoom.info/cmc-markets-a-wholly-reliable-brokerage/ tools like sentiment charts and pattern recognition are also designed to help clients analyze the markets and uncover potential trading opportunities. The “also being traded” section provides trading ideas and shows related instruments that other clients are currently trading, although the platform lacks full social and copy trading functionality.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. Yes, based on our broker matrix CMC Markets offers the most currency pairs of all the forex brokers we compare. This is made up of both cash markets, but also CFDs and spread bets based on future prices (not DMA futures, but OTC derivatives based on the cost of carry). The Fx platform lets you rank all 388 fx pairs based on change and market so you can see what is most volatile and what are the cheapest and most expensive crosses to trade. They are also split into developed markets, which will traditionally have more liquidity and emerging markets, where prices may be more volatile.