CMC Markets Review – Trading Platforms, Commission, Leverage, Account Types & more

CMC Markets is one of the brilliant broker in forex markets.

There’s no get-rich-quick formula that genuinely doubles your wealth in a day. But on the flip side, some smart ways exist to boost financial inflows.

If you want to create multiple income streams, no wonder – trading and investment – are the worthwhile choices to take action upon that have turned effortless.

To tell you how to make a good amount at CMC Markets, this blog shares a brief discussion.

About CMC Markets & Accepted Countries

Established in 1989 by Peter Cruddas and Baron Cruddas, CMC Markets continue to earn a reputed spot in the list of the best online trading platforms of this age.

No wonder the company has decades in history to share with you.

Currently, CMC Markets is being managed by 200+ people from their headquarters in the United Kingdom.

But before we cover features you get with this online trading platform that helps you capture a big chunk of profits in one go, it’s worth clarifying whether the broker is trusted or not. So let’s make it simple for you!

The forex broker works under top-tier regulators – the ASIC and FCA – which makes it certain that your investment is safe.

Apart from that, the broker serves worldwide users in millions making it a reliable trading platform.

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CMC Markets Trading Platforms

CMC Markets’ online trading platform caters to the varying needs of traders.

No matter if you trade from Windows, Mac, or mobile devices, if you seek a reliable trading solution, tap into this broker and sign-up for a trading account.

The web-based and MT4 platform can be accessed from any device.

You can even use a web-based trading platform on both Android and iPhone devices.

In addition to these standard offerings, the company has a lot to offer you in its trading platform.

Such as, you access real-time updates, research reports, and personal advisory by the broker on its trading platform.

The most notable thing is that the trading platform supports multiple languages ensuring users can enhance their experience with the broker.

The same advantages you receive in CMC Markets mobile app that we discuss next.

CMC Markets Mobile App

As outlined above, you can use CMC Markets on mobile devices.

But here, the broker brings you two options to select from, e.g., web-based and mobile app.

The web-based trading platform is available for both desktop and mobile users.

But only mobile users can reap the benefit of the CMC Markets App.

The app comes with some great features, ensuring flexibility and ease at a trader’s hand.

A simple sign-up process provides quick access to the mobile trading platform.

Notification and ease of access are the core features of the app.

Moreover, the log-in details for both the web-based trading platform and the mobile trading app stay the same.

You can download the Apple app store or Google Play Store, respectively.

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CMC Markets Commission or Brokerage or Fees

In the trading sector, the ultimate profit is greatly influenced by the commission and brokerage that a trading platform charges on every single trade, investment, or transaction.

High charges are more likely to work as a stumbling block for profitability.

At the same time, lower charges ensure that you get what you target. CMC Markets Commission and brokerage can vary because it depends upon your investment.

However, the broker does charge a commission on trades. Hence, before you start your trading journey, review charges carefully.

Apart from that, the broker does offer fixed spreads that are worth noting down in your checklist.

CMC Markets Exposure or Leverage

Leverage brings you a golden chance to generate extra of what you invest for a trade.

Usually, the leverage is denoted in ratios. Such as, CMC Markets offers leverage in 1:500, which represents that a trader can trade assets (with a total value of $500) at $1 only.

Though, it is just the maximum leverage that brokers offer to traders.

The actual leverage that a trader will receive depends upon numerous factors.

But one thing is certain, 1:500 leverage is undoubtedly a brilliant ratio.

Luckily if you make a good amount in trading, you can get more out of your investment.

Payment Methods provided by CMC Markets

CMC Markets offers the safest and reliable checkout feature on its trading platform.

This gives traders full assurance about their transactions.

A user can invest without worrying about losing their money or a web threat.

After all, the broker has decades-long existence in the industry.

Millions of traders are using CMC Markets that give a clear indication to the new users who hesitate to use the amount on a trading platform that is yet new to them.

If we talk about the payment methods, these are as follows.

In the mainstream, the broker offers you three payment options to select from – Paypal, Wire Transfer, and Credit Card.

The trader can choose their preferred payment mode for both withdrawals and deposit activities.

Find out Payment Methods provided by other Forex Brokers

Investment in Asset Classes or Markets by CMC Markets

Tradable assets are innumerable at the CMC Markets trading platform.

From currency trading to stock trading, the broker offers you a lot to access.

Though option trading is absent in the CMC Markets, you can trade almost any asset apart from that.

To simply put, users can even trade this era’s most famous assets – the crypto-currency.

From bitcoin, Ethereum, to Litecoin, you can trade almost every popular digital asset on the go.

The broker offers 9000+ stocks to trade. No wonder it adds further benefits to using CMC Markets for trading.

CMC Markets Virtual Trading or Demo Account

Beginners can expect a brilliant treat from the broker through a demo account.

You can sharpen your mind in the nitty-gritty of trading at CMC Markets online trading platform at zero charges.

There’s no need to drop your amount directly into the giant financial ocean. You’ll hardly be able to stay in the market.

Mainly, if you are a beginner, it’s worth starting with demo accounts first and real accounts second.

The demo account by CMC Markets has a brilliantly working feature with virtual money USD 500O.

Whether you lose or make profits, the demo account is all about learning and understanding without putting yourself at any financial risk in any way.

CMC Markets Offers or Deals

CMC Markets offers some truly amazing deals and offers to range from free learning courses; referral offers to trade bonus rewards.

Demo account also falls into the list of offers because it works as a special virtual tool that provides the best guidance to the traders with practical executions.

The rest of the deals and promotions can be expected near or at special events.

CMC Markets Regulation or Licensing

CMC Markets is regulated by Financial Conduct Authority (FCA) and the Australian Securities and investment commission (ASIC) in the UK.

No wonder the broker is a 100% reliable trading platform as some of the top-tier regulators keep their active eyes on the broker.

Every trader can feel secure about their investment here.

Find out Regulations & Licensing of more Forex Brokers

CMC Markets Features

The best set of features helps online trading achieve a winning spot in a trader’s life. A trading platform with the standard feature is worthless in modern age trading.

Luckily CMC Markets offers every feature in its trading platform.

The most notable is educational features that maximize your knowledge about trading.

Apart from that, charts and indicators are some basic features you get inside.

The broker even offers some highly useful risk management tools, e.g., stop loss, take profit, etc.

But that’s not enough since CMC Markets has an extensive list of features to show you.

CMC Markets Account Types

In the mainstream, CMC Markets offers three different accounts.

As discussed above – the first one is a demo account that is best for beginners who have no experience on how to trade.

The second is the CFD account which is certainly built for pro-level traders who know how to turn risk into profits.

Similarly, the third and the last one is a Corporate account that provides you access to almost every asset you want to trade.

But it’s worth noting that every trading account charges a significant commission except for the demo account, which is free to use.

CMC Markets Trading Account Features

Check below all the trading account features under various account types:

CMC Markets – Research & Advisory

Find below all the different reports and support provided by its Research & Advisory team:

CMC Markets Benefits

Here is a list of benefits that talk about the major perks you receive on joining CMC Markets.

The major benefits we find in this CMC Markets Review are-

• 9000+ tradable assets
• Loaded with features and options
• Backed by top-tier regulators
• App is available
• Decades Of existence in the industry
• Free demo account offered
• The demo account comes with a virtual currency
• Free educational services
• Offers and deals available
• Fully encrypted payment method
• Offers brilliant leverage
• Multiple payment methods available
• Promotions, deals, and special offers available

CMC Markets Cons or Drawbacks

Here are the key drawbacks that give CMC Markets a shady spot because not every broker is perfect.

The major flaw in this CMC Markets Review includes –

• Charges commission and brokerage
• Fixed spreads
• Lacks payment bank transfer
• Only three payment modes provided
• No flexible brokerage plan
• No discount on brokerage
• Islamic account is absent
• Not every report is available
• Not trading tips are provided
• No customer supports on weekends

CMC Markets Trading Hours

CMC Markets has no specific trading hours.

Few assets follow a standard opening and closing time, such as morning 9:15 am to 3:00 pm, while few are open throughout the day and night, e.g., crypto-currency.

Thanks to the broker that always alerts you about the price and markets respectively through a notification.

CMC Markets Customer Care or Contact Details

Unfortunately, in our CMC Markets Review, customer support service isn’t that satisfying.

Customer support on weekends is absent, which makes trading a bit annoying for crypto-traders, especially in emergencies.

Apart from that, the customer support team is available 24×7 hours.

You can connect with the customer support team by live chat support (available on both app and web-based platforms). The broker also offers email support.

CMC Markets Safety & Security

CMC Markets is regulated by top-tier regulators ASIC and FCA (UK).

The broker has been working with 200+ employees.

Long-standing existence in the industry assures new traders about their investment as this gives us a clear indication that the broker isn’t going anywhere in the years ahead.

Millions of users trust and appreciate the excellence of this brand.

Thus, you can also feel confident in your decision to trade with this one of the best trading platforms.

CMC Markets Rating & Reviews by Top10StockBroker

Based on different users and their experiences below are the company rating and reviews:

CMC Markets Forex Trading – Conclusion or Verdict

In this detailed CMC Markets Review, we unwrapped some of the brilliant features that a broker offers its users.

From authenticity to the reliability, the broker is transparent on everything.

Hence, if you plan to start trading at CMC Markets, you are all set to get started.

CMC Markets Review FAQs

Here is the list of FAQs related to the CMC Markets forex trading:

Is CMC Markets Safe For Trading?

Yes, CMC markets are 100% safe for trading.

Some of the top-tier regulators, ASIC and FCA, keep their active eyes on the broker.

This ensures your investment is free of risk unless you make a silly mistake in the market.

What Is The Commission For CMC Markets?

CMC markets have no specific commission rule.

It depends upon the assets you choose and trade. Few tradable assets may come with a high brokerage fee.

Apart from that, the broker also charges penalties.

How To Open a Trading Account With CMC Markets?

It’s very simple. All you need to do is, get your Gmail id for sign-up.

Create a password. Similarly, qualify for the EKYC process, wait for the verification and start trading.

Can I Invest In Cryptocurrency With CMC Markets?

Yes, they offer 15+ crypto-currencies in its tradable assets list.

So, of course, yes, you can trade crypto-currencies with CMC markets.

What Leverage Does CMC Markets Provide?

CMC markets provide maximum leverage up to 1:500 that is subject to change based on users’ demands, their level of trading, the type of assets they choose, etc.

Does CMC Markets Have a Trading App?

CMC markets have a trading app that delivers the same features and interfaces you see on the web-based trading platform.

The app comes with the added benefit of pop-up notification and flexibility in trading.

How To Contact CMC Markets Customer Care?

You can contact the CMC markets customer care team via live chat or email.

The customer support team is absent on weekends, so plan your trading accordingly.

Is CMC Markets Good For Beginners?

Yes, theu are good for beginners. As a newbie, you can start with a demo account provided by the broker.

Once you are confident about trading, you can switch to CFDs or a Corporate trading account on one tap.

Who Founded CMC Markets?

Peter Cruddas, Baron Cruddas founded CMC Markets in 1989, headquartered in the UK (United Kingdom).

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