CMC Markets Review 2020

Founded in 1989, CMC Markets is one of the largest Australian forex brokers offering over 9,500 CFDs products across fx, indices, shares to cryptocurrencies with EUR/USD spreads from 0.7 pips and margin rates from 0.20% with cash rebates for high volume forex traders.

By Justin Grossbard / Updated: Tuesday, February 18th, 2020

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CMC Markets Review: strengths & weaknesses

‘Top 3’ CMC Markets strengths

  1. Market-leading leverage 
  2. Guaranteed Stops
  3. Award-winning forex platform

‘Top 3’ CMC markets weaknesses

YouTube video
  1. Below average spreads
  2. Lack of platform diversity
  3. Security

Our Rating

The overall rating is based on review by our experts

7.17
Spreads
7 / 10
Leverage
10 / 10
Trading Platform
5 / 10
Risk Management
6 / 10
Range of Markets
9 / 10
Customer Service
6 / 10

CMC Markets Minimum Deposit

There is a $0 CMC Markets minimum deposit requirements on CFD or corporate accounts when trading through  CMC Markets UK plc or CMC Markets Asia Pacific Pty Ltd. The $0 minimum deposit also applies to CMC spread betting facilities available to United Kingdom residences.

Other Information About CMC Markets

CMC was is listed on the London Stock Exchange and founded in 1989. It’s one of the largest forex brokers and CFDs brokers in the world with a presence in markets like Australia, Canada, New Zealand and the United Kingdom. In Australia, it’s regulated by ASIC while in the UK the local regulator is the Financial Conduct Authority (FCA). The registration number under the FCA is 173730.

CMC offers a wide range of educational resources. This ranges from technical indicators to platform guides. These educational resources range from videos, online guides to webinars. This comes from their Sydney staff who rate the broker at 64% according to Glass Door. The Sydney office also assist in their customer support across e-mail, live-chat to the phone. This support is designed for all market conditions and times of the day and night.

Compare CMC Markets To Other Forex Brokers Below:

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