CMC Markets is one of the oldest broker which was opened in UK in 1989. The shares of this brokerage company are successfully traded on the London Stock Exchange (CMCX). It has several regulators and is currently one of the leading providers of spread betting and CFDs.
The company has many awards and operates on a global, global financial market.
The assets for trading that the broker offers are: CFD and stocks, digital currencies, commodities and raw materials, currency pairs and indices. For trading these assets, the company offers many tools, which will be helpful for any trader.
CMC claims that there is no order book as such and all orders are executed at the best stock exchange prices. Thus, this broker is not connected to a liquidity provider, which makes a markup on the spreads likely.
The company has a regulator in Canada – IIROC.
Client funds are kept on separate accounts from the company’s funds in the world’s leading banks in Great Britain, Germany, France and Ireland. All trading accounts are audited one way or another, and reports are sent directly to the controlling organizations.
Web site has a special section related to teaching, where in addition to the necessary articles or releases, you can find training videos on various topics, including a basis for analyzing trading on currency pairs, etc. All videos are divided into groups for convenience: for beginners, for clients with basic knowledge, and for market professionals.
Also in this section you can find lessons, guides and articles, etc. Generally, everything a trader needs you can find on this company’s website. You can also take part in different webinars held once or twice a month.
Company has a generous set of assets for trade, among them: currency pairs – 300, indices more than 50. More than 9000 CFD’s for shares, about 100 commodities and raw materials and more than 15 crypto-currencies.
Account for clients from UK and Ireland with low spreads (from 0.3) with a small leverage of 1:30. Company doesn’t set the minimum deposit level for this type of account. 9000 instruments are available for trading.
This account is available only for those clients who chose Metatrader platform, a small number of assets-50 (currencies, commodities, indices) and the commission is included in the spreads.
Support Desk is available 24/5. Live Chat is the most popular way to contact them via e-mail or phone, this is very convenient for UK customers.
There are over 200 definitions of stock market related terms and answers to the most popular questions in our FAQ section.
Communication with the broker is available through social networks.
Please note that all payments are accepted on behalf of the client. The methods of deposit depend on the client’s registration region. Most of the withdrawals and deposits are made without commissions from the broker. Exceptions are fees which take place at the side of payment systems.
Bank transfer-usually the time of deposit up to 5 working days, it depends on delays from the client’s bank. Please note that the company does not work with AMEX and Diner cards. Before making a payment, please make sure you have sms or push notifications connected to your account.
Online payments are processed instantly, a wide variety of payments are available.
In order to activate your account (to register) you should visit the broker’s website, click the button – create account and fill in all the necessary information including your personal data and address. For verification you should upload your personal ID and any other documents that will confirm the address of your residence.
After verification which takes from several hours to a day, all trading tools will be available to you.
CMC is a broker that has been around for decades, even though it is founded a long time ago, it is adaptive and up to date with the latest news in trading. You should not forget that the broker is regulated by the United Kingdom and Canada, in this connection you can be sure that the company complies with all the rules of law and all the trading rules, this is a weighty argument for a trader who is only thinking about opening an account with this company.
Indeed, the company has a large number of assets, instruments, works with both individuals and legal entities, there is no minimum deposit level. Thus, the broker is suitable for absolutely any trader, be it a beginner or a trader with many years of experience. The company has won many awards in different spheres.