CMC MARKETS REVIEW 2022 - PROS AND CONS REVEALED

Cmc Markets Lg

CMC Markets is established in 1989. It is publicity traded and regulated by four major regulators: Australian Securities & Investment Commission (ASIC), Investment Industry Regulatory Organization of Canada (IIROC), Monetary Authority of Singapore (MAS), and the Financial Conduct Authority (FCA). Being listed and regulated makes this company extremely safe. They offer low costs, their own trading platform, social trading, rebates and more.

Account:

For the Forex market, there is only one type of account- Standard. It offers 1:500 leverage. There are no requirements for the minimum deposit. They also offer CFD account, Corporate Account, and Stockbroking account.

Supported instruments:

You can trade up to 180 forex pairs. You can choose from 9000+ CFD. Cryptocurrency is also supported as CFD. You can also take advantage of the social trading feature.

Forex

InstrumentMinimum spread**Margin rate from^Trading hours
AUD/USD0.75%Sun 21:00 to Fri 22:00
EUR/CHF2.53.3%Sun 21:00 to Fri 22:00
EUR/GBP1.13.3%Sun 21:00 to Fri 22:00
EUR/JPY1.53.3%Sun 21:00 to Fri 22:00
EUR/USD0.73.3%Sun 21:00 to Fri 22:00
GBP/USD0.93.3%Sun 21:00 to Fri 22:00
USD/CAD1.73.3%Sun 21:00 to Fri 22:00
USD/CHF1.03.3%Sun 21:00 to Fri 22:00

Indices

 
Instrument
Min spread*Trading hours
Germany 302
1
1.8
5
4
07:00-08:00
08:00-16:30
16:30-21:00
21:00-01:00
01:15-07:00
UK 100
Sun 23:05-Fri 21:00
break 21:15-21:30 / 22:00-23:00
2
1
2
4
07:00-8:00
08:00-16:30
16:30-21:00
21:00-07:00
UK 100 – Forward
Sun 23:05-Fri 21:00
break 21:15-21:30 / 22:00-23:00
2
2
3
7
07:00-8:00
08:00-16:30
16:30-21:00
21:00-07:00
US 30
Sun 23:00-Fri 21:00
break 21:15-21:30 / 22:00-23:00
2.4
1.6
4
3
07:00-14:30
14:30-21:30
21:30-23:00
23:00-07:00
US 30 – Forward
Sun 23:00-Fri 21:00
break 21:15-21:30 / 22:00-23:00
5
3.5
4
4
07:00-14:30
14:30-21:30
21:30-23:00
23:00-07:00
Australia 200
Mon-Fri
00:50-07:30 / 08:10-22:00
1
4
00:50-07:30
08:10-22:00
Australia 200 – Forward
Mon-Fri
00:50-07:30 / 08:10-22:00
2
5
00:50-07:30
08:10-22:00

Commodities

InstrumentMinimum spread*Margin rate fromTrading hours
Cocoa Bulk Bean (UK)3.510%Daily 09:30-16:55
Cocoa (US)410%Daily 09:45-18:30
Coffee Arabica310%Daily 09:15-18:30
Coffee Robusta310%Daily 09:00-17:30
Copper210%Sun 23:00-Fri 22:00 (break 22:00-23:00)
Corn0.910%Daily 01:00-13:45 / 14:30-19:15
Cotton1510%Daily 02:00-19:20
Crude Oil Brent310%Sun 23:00-Fri 22:00 (daily break 23:00-01:00 Mon-Thu)

Shares

CountryNumber of sharesMargin rate fromCommission chargeMinimum commissionTrading hours
(UK time)
UK89420%0.10%GBP 9.00Daily 08:00-16:30
US4,33020%2 centsUSD 10.00Daily 14:30-21:00
Australia39220%0.10%AUD 7.00Daily 23:00-05:00
Austria3220%0.10%EUR 9.00Daily 08:00-16:30
Belgium5920%0.10%EUR 9.00Daily 08:00-16:30
Canada57220%2 centsCAD 10.00Daily 14:30-21:00
Denmark5220%0.10%DKK 90.00Daily 08:00-15:50
Finland6420%0.10%EUR 9.00Daily 08:00-16:20

Crypto-currencies

InstrumentMinimum spreadMargin rate from
Bitcoin/USD3750%
Ethereum/USD1.450%
Bitcoin Cash/USD1.850%
Litecoin/USD4550%
Ripple/USD4050%
Dash/USD550%
EOS/USD3450%
Monero/USD1050%

Platforms:

The broker offers its own trading platform called Next-generation and also supports Metatrader 4.

The Next Generation covers WEB, Android, iPhone, and Ipad devices. It offers more than 150 technical indicators, 70 chart patterns, and 12 chart types. The pattern recognition and price projection offer you chart integrated technical analysis, and the chart forum community gives you the ability to discuss charts with other traders.

Metatrader 4 is the most popular platform for traders. It is supported by many brokers and it is the preferred platform for the traders using automated trading. It has a big community, the custom code for it in the mql community is a huge advantage. You can also take advantage of social trading in Metatrader. Also, there is integrated VPS.

Metatrader 4

Conclusion:

CMC Markets is a safe broker and regulated broker. It offers competitive market conditions, a big amount of instruments and a unique trading platform with many unique features and social trading.

Author

Miroslav Georgiev

Miroslav Georgiev is Senior Risk Executive with 20+ years of professional wide-ranging experience in multinational forex companies. Take part in Global setup and development of Forex and CFD being an active part of the Business Team. Build and manage Risk management departments and teams.

Contact

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Useful resources:

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