CMC Markets Broker Review

CMC Markets is a reliable platform for global CFD and forex brokers. It began operating in 1989 as a trustworthy trading platform. Globally, the platform has been regulated by different authorities, including the UK’s top-tier Financial Conduct Authority (FCA). It is even listed on the London Stock Exchange.

You can find our transparent CMC Markets review below. Broker reviews are updated frequently!

CMC-Markets-Review-by-TradeFX-Homepage-Screenshot

We value your feedback: Rate this broker by leaving a comment and rating below this review.

On CMC Markets, you will find lower forex fees and no charges for withdrawals and deposits, apart from international withdrawals. It offers mobile and web trading platforms that are highly customizable and friendly designed with rich features. While trading with CFDs, you will not be charged a commission. CMC Markets, however, charge a commission on shares.

Brokers never publish their average spreads, but they do publish their minimum spreads. This makes it complex to compare the spreads with the rest of the brokers.

Trade with One of Our Top 3 Verified Brokers. Try their Risk-Free Demo Account!

1.
4.8 stars from 530 ratings

Broker Verified

Blackstone Futures is a truly local FSCA regulated broker with offices in Rosebank Johannesburg. Enjoy same-day withdrawals.
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.
2.
4.7 stars from 503 ratings

Broker Verified

Markets.com providers a unique trading experience for forex and stock traders alike. They are a global multi-regulated CFD broker regulated in SA.
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.
3.
4.6 stars from 301 ratings

Broker Verified

With 107 currency pairs, Exness provides leading coverage. Exness has a maximum leverage of 1:2000 and a low minimum deposit.
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

Some Forex brokers have a minimum deposit requirement. SwissQuotes, for instance, requires a USD 1000 deposit as a minimum deposit. But the brokers like Price Markets have a higher deposit requirement. The industry standard for minimum deposits is USD 200, while the CMC market is based on $0 minimum deposit requirements.

Pros / Cons
  • Low Minimum Deposit
  • No FSCA Regulation
  • No ZAR Account Currency
  • Broker Not Verified

Even if CMC does not have a minimum deposit requirement, you still need to have enough money in your CMC account to cover all margin requirements at the time of trading. CMC accepts several funding options, including bank transfer, credit/debit card, e-wallets, and PayPal.

Table of Contents

CMC-Markets-Logo

NA

CMC Markets is a reliable platform for global CFD and forex brokers. They are currently Unverified by TradeFX.

Top 6 Broker Reviews

Leave a Reply