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CMC Markets is a well-established UK broker founded in 1989. The broker is regulated by the Financial Conduct Authority (FCA). This means that CMC Markets is obliged to comply with the rules of keeping client assets. Therefore, client funds are segregated from company funds and are held in separate bank accounts which ensures their safety.
The broker pays special attention to upgrading its services and technologies in order to improve clients’ trading experience.
CMC Markets headquarters are located in London. Its representative offices can be found in France, Spain, Germany, Austria, Canada, Singapore, and other countries. The company continues to expand its presence worldwide.
The company’s official website www.cmcmarkets.com is available in several languages. Clients from all over the world, including traders from the CIS countries, can register with the broker.
Trading conditions
With CMC Markets, clients can trade currency pairs, indices, stocks, and commodities. Novice traders can open a demo account and get access to various training materials. In addition to educational resources, the company’s website features analytics, an economic calendar, and daily market reviews.
The minimum deposit required to open a standard account is $100. The maximum leverage is set at 1:500. CMC Markets provides competitive low spreads regardless of market volatility. Sometimes, new clients are granted welcome bonuses.
Trading platforms
CMC Markets offers its clients to trade on a popular trading platform MetaTrader4. What is more, traders can use Next Generation trading platform, unique proprietary software designed by the broker and which has been highly appraised by millions of users.
Customer support service
In the Customer Support section, you can find contact phone numbers and an email. There is also an extended FAQ section where clients can find answers on how to register their accounts and deal with other basic issues. The support team speaks several languages and is available 24/7.
Deposit and withdrawal of funds
CMC Markets offers a limited number of methods to deposit and withdraw funds. For this, you can use bank transfers, credit cards, and PayPal.
Traders’ reviews
CMC Markets is highly trusted by traders, and numerous positive reviews confirm this statement. Customers note the broker`s exceptional honesty and reliability. CMC Markets always fulfills its financial commitments, does not delay withdrawal of profit, and never blocks accounts.
Advantages and disadvantages
Advantages:
- regulated broker
- affordable minimum deposit
- wide range of trading instruments
- demo account available
- extensive analytics from leading experts
- user-friendly trading platform
Disadvantages:
- limited number of depositing and withdrawal methods
- no Skype, live chat or callback form is available to contact customer support
- no regular bonus programs
Conclusion
CMC Markets is known as a reputable and experienced broker. Positive feedback from traders supports this view. The company offers its clients favorable and flexible trading conditions, provides access to a wide array of trading instruments, convenient software, and extensive analytical material.
