CMC Markets

CMC Markets Overview

CMC Markets is a multiple award-winning broker offering trading services and products to a worldwide client base. The broker also offers CFDs and forex to trade on its top-of-the-line trading platforms.

In 1989, the company was established within the United Kingdom (UK), the broker is listed on the London Stock Exchange (LSE) using its ticker symbol CMCX. CMC Markets is licensed in various countries, and offer low spreads, and advanced technology. CMC Markets has become a prominent CFD and spread betting provider across the globe today.

CMC offers a variety of tradeable assets that include foreign currency currency pairs, indices commodities, cryptocurrencies metals, treasuries CFDs, and stock shares. They are traded on platforms that are modern and come with a wide range of indispensable and sophisticated tools that aid traders.

CMC Markets asserts that it is the sole venue for execution for all of its client’s orders. The broker further states that it doesn’t have an order book through which clients’ orders may offer or require liquidity. Every order is executed at the most efficient rates and with the highest speed. This execution method creates the broker as a market maker’ that does not tie the trader with a liquidity pool service. Spreads therefore can be marked up because they do not originate directly from the aggregated pool of liquidity.

Through the years, CMC Markets have won numerous industry awards for its trading services which include outstanding value and customer satisfaction Awards.

CMC Markets Regulation

CMC Markets is authorised and controlled through CMC Markets is regulated and authorised by Financial Conduct Authority (FCA) in the United Kingdom (UK) with license number 173730. This license regulates the UK as well as Europeans operations via it’s MiFID passports.

CMC Markets Countries

CMC Markets does not accept residents of the United States, Belgium and some other countries. Certain CMC Markets broker features and products discussed in the CMC Markets review may not be accessible to traders in certain countries due to laws that restrict their use.

CMC Markets Platforms

Two platforms are accessible. These are:

Next Generation Trading Platform

This is the award-winning proprietary platform developed by CMC Markets. It’s a web-based platform and does not need any installations or downloads. It’s also available on mobile devices because it is directly integrated into most modern web browsers. Its Next Generation platform is designed with multiple layouts and windows. It is packed with tools for analysis, a sophisticated charting software advanced order management, news, etc.

Here are a few of the features it has:

• 12 different kinds of charts, including OHLC, Kagi, Renko charts, etc.
• More than the 115 indicators of technical significance.
• Fully customizable layouts, charts and indicators.
• Trade using charts.
• Utilizing tools like pattern recognition, sentiment of the client and module linking, among others.
• News from Reuters is available on the platform.

MetaTrader 4 (MT4) Trading Platform

Created by Russian Software company MetaQuotes and utilized for millions of trader across the globe, MT4 is a well recognized platform for trading forex and CFDs. CMC Markets provides access to trade thousands of instruments using the MT4 trading platform. MT4 is available for download from CMC Markets website and installed on a Windows PC. Mobile versions are also available and are available for download onto iOS and Android devices.

Here are some of the features of the MT4 format:

• Available in more than 20 languages.
• Multiple types of charts and timeframes.
• A wide range of analysis tools that include indicators of technical quality as well as drawing tools.
• Automated trading with Expert Advisors (EAs).
• MetaEditor is a tool for the creation of Custom indicators, EAs and custom EAs.
• You can access the MetaTrader market, where signals and custom indicators EAs along with other software can be bought or rented for free.
• Multiple types of orders, including the risk-management tools.
• Monitoring features, including live quotes and account monitoring trade monitoring, and even trade history, etc.
• Alerts via this platform via SMS, and email.
• Trading from anywhere with the an Android app for MT4 or an iOS application.

It application is CMC Markets’ proprietary trading app , which is a mobile-friendly version of the “Next Generation” trading platform. It was designed to work on iOS as well as Android devices. It is available for download from the appropriate app stores. Through the mobile application customers can exchange thousands of instruments in real-time while on the move from any location in the world.

Here are a few of the functions of the application:

• A custom watchlist can be used to review the details of instruments and arrange them in accordance with the interests of the trader.
• More than 30 indicators of technicality with numerous diagrams along with drawing and graphing tools.
• Insights tool offers an analysis by CMC Markets analysts.
• Live economic calendar and alerts in the app.
• Alert Push notifications
• For each instrument, data for sentiment analysis is readily available within the app.

CMC Markets Instruments

CMC Markets has over 9,400 instruments that are tradable and available for trading through its platform. The assets include:

• Over 300 foreign pairs include major, minor and foreign currency exchange pairs.
• 60+ indices.
• Over 9,000 shares CFDs.
• 90+ commodities.
• 15+ cryptocurrencies.
• 30+ treasuries.

CMC Markets Support

The customer service desk is open all hours of the day, from 9pm Sunday through 10pm Friday. The channels available for communication include email, telephone and live chat.

The Support page contains an extensive glossary of about 220 terms in the financial market as well as specific definitions. There are also top Frequently asked questions (FAQs) organized according to.

This broker also present on social mediasites, such as Twitter, Facebook, LinkedIn and YouTube.