CMC Markets Review

CMC Markets is a well-known forex broker operating internationally. It is a UK based broker that was founded back in 1989. It provides the traders the opportunity to trade a number of assets such as commodities, forex, CFDs and many more. It is equipped with advanced techniques and technologies that helps its clients to gain maximum profit.

The headquarters of CMC Markets is located in London. Here is a detailed CMC Markets review that will help the readers to understand the pros and cons of the broker and all the services it provides to its customers all round the world.

Regulation

The benchmark of the authenticity of any broker is set by the regulatory bodies looking after it. CMC Markets is regulated by a number of reputable authorities. These authorities include Australian Securities and Investment Commission (ASIC), Financial Markets Authority (FMA), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA) and Investment Industry Regulatory Organization of Canada (IIROC).

The regulatory bodies are based in Germany, Singapore, New Zealand, Canada, Australia and United Kingdom.

Account Types

CMC Markets offers two account types to its customers depending on their need and portfolio. These account types differ on the basis of taxes, pricing and the account base currencies. Moreover, the Pro account offered by the broker provides high leverage to its customers.

In addition to that, opening an account with CMC Markets is a very easy process and can be opened within maximum 2 days.

Charges and Fees

CMC Markets usually ask for no deposit fees. However, a minimal fee could be charged depending on the method in case the funds are withdrawn. Moreover, the broker also charges a fee of 10 pounds in case of being inactive.

Deposits and Withdrawals

CMC Markets offers a number of methods to its customers so that they can deposit and withdraw money easily. Funds can be carried out by using credit cards, debit cards, PayPal, Bank Transfer and via electronic wallets. Similarly, the money can also be withdrawn by same methods. However, a minimal fee is to be paid when withdrawal of funds is carried out.

Research

CMC Markets also helps its customers in learning the latest and advanced strategies so that they can gain maximum profit. It provides them the latest techniques and tools so that they can carry out research and learn new techniques.

Trading platforms

Trading platforms provide the feasibility of trade to its customers so that they can carry out trading activity using their electronic devices in any part of the world. CMC Markets is integrated with the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) that is equipped with latest techniques and tools helping its customers to trade effectively.

Education

It is very important for the customers to train and educate themselves about the strategies and techniques involved in the trading process. CMC Markets provides a sound collection of educational resources for its customers that may include webinars, videos, podcasts and written articles.

Moreover, it also ensures that its customers are learning properly. For that purpose, it provides quizzes and progress tracking methods for its customers. The users can also access the content created through the YouTube channel of CMC Markets.

Customer Support

Before trusting any broker for trading process, it is mandatory to look upon the customer support services it provides. CMC Markets provides an effective and efficient customer service to its clients that operates 24 hours a day through 5 days a week.

The customers can get help through the FAQ session available over their website. Moreover, the team can also be accessed through phone, email or live chat etc. All the queries and questions are usually answered within no time.

Conclusion

CMC Markets is a reputable broker providing efficient services all around the world. It is regulated by reliable higher authorities and provides all the updated tools and techniques to its clients so that they can extract maximum profit out of their investment.