CMC Markets is a British CFD broker and betting spread that was founded in 1989. It offers many different instruments, assets, and types of accounts for trading.
CMC Markets is part of a public company on the London Stock Exchange – CMC Group. This work is very transparent when it comes to finance and transactions.
How Does CMC Markets Exchange Work
CMC Markets offers access to trading assets such as:
- ETFs and Stocks
- Currency pairs
The platform’s currency offers are traded for more than 330 forward currency pairs and just currency pairs.
Traders can work with such indices CFDs as Germany 30, US 30 and UK 100. There are CFDs on products such as WTI, Brent, natural gas, silver, and gold.
Over 9,400 stock CFDs from 23 countries that are ready for sale. You can choose one of the most famous companies like Facebook, Tesco, Barclays, and Apple. Users can trade CFDs on various bonds, such as treasury notes and bonds. Spreads from 1 pip and margin from 20%.
Clients of the company can choose more than ten crypto pairs and cryptocurrencies such as XRP / USD, ETH / USD and BTC / USD.
CMC Markets offers the following types of accounts:
- Corporate account
- Spread betting account
- CFD account
These types have much in common but differ in many important respects. For example, they all use the same features of the trading platform, but the tools are slightly different for each of them.
It also gives traders the opportunity to use MetaTrader4 and Next Generation platforms. The first one won first place in the review of investment trends in 2016. The platform chart package contains more than 115 technical indicators and other tools. There are 12 types of graphs and over 70 graphic templates. Another additional feature is the Client Sentiment that gives an opportunity to view the number of customers and their position value in real-time.
The second one is a very popular platform and is actively used by various well-known forex exchanges. It has competitive spreads, viewing and copying strategies of other traders, configuration settings and expert advisors. There are advanced drawing tools, chart types, free indicators and add-ons for download.
Another advantage of this broker is training. It allows users to stay updated on the latest economic events and news. Comments, webinars and training videos from professional market analysts are available.
There are also applications that work on IOS and Android.
Is CMC Markets Safe?
It is regulated by FCA – the highest regulatory body that controls brokers in the UK. The company also provides investor protection by dividing user money into different accounts.
CMC Markets is a CFD broker with extensive market experience. For both professional traders and beginners, it does everything to make their trading experience more easy, profitable and comfortable. The platform has a regulator, many different advantages and became the best in its class in eleven categories in 2020.