CMC Markets Review
CMC Markets is a FTSE 250 company (LSE: CMCX) with over 30 years of experience. It is famous for its proprietary "Next Generation" platform, which offers institutional-grade charting, 12,000+ instruments, and unique tools like the "Price Ladder" for depth-of-market execution.
Pros
- Next Generation platform (Award-winning)
- Huge range of 12,000+ instruments
- Spread Betting available (Tax-free in UK)
- Client Sentiment & Pattern Recognition tools
Cons
- Platform can be complex for beginners
- MT4 product range is smaller than proprietary platform
- Share market data fees may apply
Next Generation Platform
Product Range
FAQs about CMC Markets
Is CMC Markets safe?
Yes, it is a publicly traded company on the London Stock Exchange (LSE: CMCX) and regulated by top-tier authorities like the FCA (UK), ASIC (Australia), and BaFin (Germany).
Does it offer MT4?
Yes, CMC Markets offers MetaTrader 4 (MT4) for those who prefer it, although the product range on MT4 is smaller than on the Next Generation platform.
What is the minimum deposit?
There is no minimum deposit required to open a live account. You can fund with as little as you like.
Is Spread Betting available?
Yes, for residents of the UK and Ireland, CMC Markets offers tax-free Spread Betting alongside CFD trading.
Can I trade crypto?
Yes, you can trade cryptocurrency CFDs like Bitcoin and Ethereum. Note that crypto CFDs are not available to UK retail clients due to FCA rules.
Regulatory Risk Warning
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.