CMC Markets Review
Feeling unsafe trading with CySEC regulated brokers and want to switch to truly UK Forex broker that offers high quality services? The reviewed broker is located in the United Kingdom and makes sure that your trading remains safe. Are its services good enough for you? Find everything out in our full CMC Markets review!
CMC Markets Broker at a Glance
Based in London, United Kingdom, CMC Markets broker is owned by the CMC Markets UK Plc. As was mentioned before by the CMC Markets reviews, this broker is registered with Financial Conduct Authority and also the UK Gambling Commission.
Furthermore, this broker has offices in 11 cities, including Sydney and Singapore. The broker offers Forex, CFD trading as well as spread betting services.
The broker was founded in 2008, so it is rather one of the old and well-known brokers with stable reputation. It has been spotted by the review of CMC Markets that it has won Best Spread Betting Service award in 2012, by Shares Magazine. Additionally it was awarded by the MoneyAM with “Best Online Charts” and “Best Trading Platform” in 2013. Additionally, this Forex broker has received an award for its Forex education, so if you are looking for reliable FX education, CMC Markets can definitely be your choice.
CMC Markets Trading Accounts
When you are registering with a broker, it is important to know that provided account will accomplish all of your trading needs. Some of the brokers give you a choice of several different account types with the basic rule: bigger deposit, wider service package. CMC Markets takes different approach to this and does not require you to make wealthier deposits in order to receive all available services.
At the time of the CMC Broker review, it offered only Real Account and Demo Account. Such approach means that as soon as you will make your first deposit, you will have full access to CMC Markets services and believe us there is plenty of them.
CMC Market Reviews of Trading Platforms
This broker provides you with custom trading platform that was developed specially for it. You will not find this platform at any other brokers, only at the CMC Markets. As has been mentioned before, this trading platform won several awards during 2013 and 2014.
CMC Markets trading platform is available right in your browser, so there is no need to download additional packages. Moreover, web-based trading platforms are always up to date, so you will not need to worry about update downloads either.
The platform offers a choice of 80 different indicators which creates perfect possibilities for charting. Also, it has five different pre-defined platform layouts, including FX layout, Countdowns and Charting layout.
It has been spotted by the CMC Markets review that the last platform update by this broker was released in March 2015. This update was aimed at improvement of features and addition of a few new ones. From the point of view of the Forex Bonus Lab, updated charting possibilities at the CMC Platform are awesome and allow you to make any technical analysis that you need.
Furthermore, this broker did not forget about traders with mobile devices. CMC trading platform is available at both Google Play and Apple App Store. There are two separate applications available at the App Store, one for the iPhone and the other one for the iPad, so every trader’s gadget can now be transformed into trading machine.
CMC Markets Review of Deposits and Withdrawals
Having a good deposit and withdrawal system is a must for the best FX brokers nowadays. When you come to CMC Markets, you will be offered with the choice of Debit/Credit card payments as well as Wire transfers. It is important to know that deposits made via UK Debit Cards have zero commission, while all other card payments are made with 1.8% commission. Bank transfers can be made via standard and express method. The second method should top-up your balance in the same working day, if it was made during normal working hours or on the next day. Bear in mind that due to express nature of the payment, the fee on express wire transfers will be higher than on standard one.
When it comes to withdrawing profits from the CMC markets, you will be able to make it via same methods as deposit. Bear in mind that you will be obliged to verify your account details when you ask for the withdrawal. Also, express bank transfer withdrawals will include 15 GBP fee. All other withdrawal methods are made without fees, but it can take up to 6 days for profits to appear on your card or bank account balance. The best part of the withdrawal process is that you can do it via withdrawals tab or using customer support.
CMC Markets Forex Client Support
When you consider your brokers choice, it is important to take its support availability into account. When you decide to sign up with the CMC Markets, you will be provided with wide choice of support methods. These methods include email, phone support and live chat available 24/7.
Additionally, the broker provides you with company details, so if you live in London, Singapore or Sydney, you will have an opportunity to make a visit to the company’s office. Support is available in English, French, German, Italian, Swedish and Spanish.
CMC Markets Forex Review Conclusion
As can be seen from the CMC Markets review, this Forex broker is a solid choice for traders that want to deal with FCA regulated company. The fact that CMC has won several awards gives additional assurance that the services of this broker will meet expectation of the traders.