CMC Markets Review BY Fxstay
The CMC Markets trading platform uses a proprietary web based platform called “Next Generation” which is specifically designed for active traders, is completely customizable and includes many impressive features and invaluable tools for trading financial assets.
CMC Markets UK is licensed and regulated by the Financial Conduct Authority of the United Kingdom (FCA), one of the strictest regulatory agencies in the world. In 2015 the firm developed and introduced a proprietary platform for trading binary options called “Countdowns,” which is also licensed and regulated by the FCA, but is also overseen by the Gambling Commission.
This next generation trading software complies with all regulatory rules and meets standards imposed by the Gambling Commission, which means that CMCMarkets.com separates client funds from the firm’s money and maintains customer deposits in top financial institutions which afford traders the additional privacy, security and protection of the Financial Services Compensation Scheme, which insures deposits up to 50,000 Euros.
CMC Markets UK
CMC Markets was founded in the UK in 1989 and listed on the London Stock Exchange (LSE) in 2016. Almost thirty years of experience trading in financial markets has created a loyal following of traders who regularly use this award winning platform for investing their money in various international financial marketplaces.
CMC Markets Australia and US
CMC Markets also maintains US and Australian branches that provide traders with opportunities to trade in the US and Australia, which are regulated by the Commodities and Futures Trading Commission (CFTC) in the US and the Australian Securities and Investment Commission (ASIC) in Australia.
Traders who choose CMC Markets have the option of opening either a Fixed Risk Account or a Regular Account. Fixed Risk account holders enjoy the benefit of guaranteed stop orders but pay an additional fee for the service. Accounts are available in joint individual names or in business names.
Although there are no minimum deposit requirements for trading on CMCMarkets’ platform, they recommend a minimum account balance of at least 1000 Pounds before trading commences using a real (not demo) account.
Commissions and Spreads
CMC’s trading costs vary between assets with minimum forex transaction fees starting at 0.7 points for EUR/USD currency pairs, which is considerably lower than spreads of other brokers. Small commissions are charged on CFD trading and varies between countries with an average rate of 0.09% of volume traded.
CMC Markets Demo Account
CMC Markets trading platform includes a free Demo Account with the opening of a trading account, for which there are no minimum deposit requirements. Demo Accounts are crucial for traders to gain knowledge of markets, industries and assets and to experience trading assets in a virtual world of investments before risking real money in actual financial markets. You can open a free demo account by the broker at “ForexSQ” CMC Markets review page.
CMC Markets MT4 Download
An analysis of the MetaTrader 4 (MT4) platform was conducted by industry experts who found that MT4’s biggest competitors are proprietary platforms, like CMC Markets. The majority of trading of financial assets is conducted on proprietary broker platforms, but the popularity of MT4 cannot be ignored by brokers, many of whom are now offering MT4 to their clients.
CMC Markets recently released its “biggest ever” upgrade to the trading platform, which aims to make its interface more accessible and the platform quicker and more user friendly. CMC also included social media integration of Twitter feeds, blog pages and YouTube videos in the upgrade, following the advice of an international team of software developers who considered valuable client feedback to develop the upgrade in order to further enhance its clients’ trading activities.
Many rivals of CMC Markets have succumbed to offering the MT4 platform download to their clients, but CMC Market is sticking solely to its “next generation” trading platform, in which it strongly believes. An official from CMCMarkets stated “while we never discount the possibilities of working with selected technology partnerships in the future, we have every confidence that we will be able to deliver in-house the core functionality the retail audience demands and beyond.” You can do a free CMC Markets MT4 download at “TopForexBrokers.com” CMC Markets review page.
CMC Markets UK offers non-United States customers a platform for trading foreign currency (forex) via Contracts for Difference (CFDs), Exchange Traded Funds (ETFs), binary options, oil, gold or spread betting on over 10,000 investment assets that include stocks, equities, comm
CMC Markets’ trading platform offers regular, trailing and guaranteed stop loss orders (GSLOs) for a small fee which provides 100% certainty that your GSLO will be triggered at the price you specified, regardless of market conditions.
CMC Market’ trading platform offers one click automated trading and includes a wide array of trading tools for the convenience of traders, including multiple trading signals, price alerts, analyst insights and market commentary, mobile and email alerts, hedging, trailing stops, Guaranteed Stop Loss Orders, Guaranteed Limit Orders and Fills, pattern recognition, client sentiment, chart forums, a completely customizable streaming news feed and more.
The Learning Academy included in the CMC Markets trading platform includes videos, written material, webinars and social networking capabilities for every level of trader from novice to professional.
Deposits and Withdrawals
CMC Markets allows customers to make deposits to or withdrawals from their CMC trading accounts using Visa or MasterCard credit and debit cards or via electronic fund transfers (EFTs) to or from a bank or other financial institution. Personal checks are not an acceptable form of depositing funds into a CMC trading account.
International banking law requires proper personal identification and banking information as prescribed by global regulatory agencies. Transactions must be made using debit or credit cards or via EFTs from reputable banking institutions. The name on the bank account must match the name on the CMC Markets trading account. Withdrawals will not be processed without proper identification
The CMC Markets trading platform is available in a variety of languages, including English, Spanish, German, French, Italian, Portuguese, Chinese, Japanese, Arabic, Czech, Norwegian, Finnish and Danish.
The platform maintains a bilingual Customer Service team in the UK that is accessible during normal market hours via telephone, fax, email or live chat. Technical information, timely market analyses and commentaries, along with social networking capabilities round out the well known stellar customer support services provided by CMC Markets to its clients.
CMC Markets’ trading platform includes a free custom and trademarked mobile app for use in remote trading with a variety of handheld electronic devices, including iPhones, Androids, tablets and more.
Precautions for Using CMC Market
Before conducting financial trades on any market platform, potential investors should familiarize themselves with the industries, assets and markets in which they are traded. The more you know about the asset in which you’re investing, the better you will be able to research, conduct and follow successful trades.
This precautionary advice also applies when choosing a broker with whom to conduct trades. Traders should compare brokers and the trading platforms they use to conduct trades, as well as things like commissions, fees, spreads, margin policies, etc.
Before signing any agreement to open a brokerage trading account, you should read the entire written contract paying special attention to the Terms and Conditions specified in the agreement, as well as all small print and language related to fees, commissions, monetary transactions and other costs of trading with the broker.
Knowing as much as possible about all the brokers and trading platforms you’re considering will be a valuable expenditure of time and will enable you to choose the best broker for your particular trading activities, which will contribute highly to your ongoing success with trading financial assets.
Many brokers utilize the MT4 trading platform and, If you are accustomed to using Expert Advisors included in the MT4 platform, then CMC Markets is probably not a good broker for you. Practice conducting trades without using Expert Advisors if you feel CMC Markets’ trading platform would be beneficial to you and your investment portfolio’s bottom line.
Other things potential investors can do to minimize financial losses using the CMCmarkets trading platform include, hedging CMC Markets’ exposure with other brokerage firms, widen stop losses while also lowering positions, withdraw funds from your trading account periodically and do not trade assets in the midst of news releases, speeches from government leaders, or heads of central banks because trading during those highly volatile conditions will result in you paying higher spreads and the potential for slip-ups is greater during unsure economic conditions.
Conclusion of CMCMarkets Review
In this CMC Markets review i want to emphasis the CMC Markets broker has created a platform for trading fx that is impressive and provides reliable and high quality operational efficiency unrivaled by competitors. CMC offers a broad range of financial assets for trading on its platform that has become one of the world’s leading online CFD and spread betting market platforms. According to Wikipedia You can download Android app or IOS application from Apple store for mobile trading. The broker has many offices in Australia, Germany, Singapore, Poland , Italy. The important advantage of the CMC Markets broker is it’s regulation by FCA.
The proficiency of the options and features of the trading platform combined with investment options on a wide and diverse array of assets, stellar bilingual customer support services and high quality educational options have made CMC Markets UK one of the best online brokers available to investors alike.
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