CMC Markets Review 2024 | Is CMC Markets a Scam or Legit Forex Broker?
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Is CMC Markets safe? Yes CMC Markets is a safe and secure broker. However, No broker is perfect, and CMC Markets is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to CMC Markets. So which brokers are better than CMC Markets? Want to jump straight to the answer?

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Read our CMC Markets review to find out if CMC Markets is a scam or a reliable forex broker. Unbiased Forex brokers reviews that serve the interests of our users.

CMC Markets Review and Analysis

Overview

CMC Markets ReviewCMC Markets is the award-winning UK based online FX and CFD brokerage firm that was established in 1989. The company is listed in the London Stock Exchange under the ticker CMCX

Investor Protection & Regulations

A forex broker with licenses from world’s top financial watchdogs

Tradeable Products

Over 10,000 trading instruments with competitive spreads

Fees and Commissions

CMC Markets fees and commissionsCompetitive fixed spreads from as low as 0.7 for forex pairs

Trading Platform

CMC Markets trading platformA proprietary trading platform with an assortment of technical analysis tools, news feed, and chat functionA robust native mobile app available for Android and iOS devices

Account Types

Three-step account opening process. Traders have three account choices

Deposit and withdrawal

CMC Markets Deposit and WithdrawalThree account funding options with no minimum deposit requirement

Usability

Novice, intermediate and veteran traders will find this broker resourceful

Customer Support

CMC Markets customer supportMultilingual customer support available on a 24/5 basis. Help available through in-depth FAQ’s, Live Chat, email, and phone

Education and Research

E-books, videos, and webinars for beginners, intermediate, and veteran traders

Overall Conclusion – Final Thoughts

Highly regulated broker across multiple jurisdictions

Broker's Features CMC MARKETS Availability
Commissions
Hedging
PAMM
Scalping
Accepts US traders
24 hour trading
Swaps
Demo account
Daily analysis
Automated trading
Mobile trading
Trading by phone
1st deposit bonus
Forex contests competitions
Bonuses Promotions
Interest charges on the balance
Free education
Expert advisors
Partnership programs
Trust management
24 hour support

People Also Asked

Is CMC Markets regulated?
Yes, CMC Markets is regulated by top-tier regulators, FCA inclusive.
Where is CMC Markets based?
CMC Markets is based in , United Kingdom
How does CMC Markets make money?
CMC Markets charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in CMC Markets account?
With CMC Markets you can deposit money via the following means; Credit Card, Wire Transfer.
How do I withdrawal in CMC Markets account?
CMC Markets lets you request a withdrawal of funds from your account via the following means; Credit Card, Wire Transfer.
What is the minimum deposit for CMC Markets?
CMC Markets has $200 minimum deposit.
What is the max leverage in CMC Markets?
CMC Markets has a maximum leverage is 1:30 for professional traders.
Does CMC Markets use MetaTrader?
CMC Markets platforms: No, CMC Markets do not use MetaTrader but it uses the following platforms: CMC Web Platform
What type of broker is CMC Markets?
CMC Markets appears to be a Dealing Desk, Market Maker broker which offers market access to a variety of traders.
Does CMC Markets accept US clients?
No, CMC Markets does not accept US clients
Does CMC Markets offers Islamic accounts?
No, CMC Markets does not offer Islamic accounts
What financial instruments can I trade?
You can trade a wide variety of instruments with CMC Markets: You can trade a wide variety of instruments with CMC Markets: Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency, Futures

Are you Satisfied with what They Offer?