CFD brokers enable traders to speculate on an enormous variety of financial assets and indices, such as currency pairs, commodities, stocks, indices and cryptocurrencies. CFD brokers provide a platform through which traders can trade a wide range of underlying assets. Many UK CFD brokers are operating in this online market.
CMC Markets is for all trader characters, from the novice day trader looking to try their luck with online trading fields of forex, CFDs, and spread betting to the experienced expert getting exposure to an extensive collection of products. The firm’s fees are competitive within the industry, and it ranks high on several of our lists. The company is the winner for Investopedia’s Best Overall Forex Broker for 2020 and Best Forex Broker for Range of Offerings.
The CMC Markets Next Generation platform is quick, secure, and packed with tools, making it a market leader that will surprise even the most seasoned traders. In 2021, Next Generation won our award as the best Web Based Platform.
CMC Markets does not endorse the author’s trading strategies and will not be liable for any loss you may incur.
Accounts at CMC Markets are free to open, except that withdrawals on the same day are free. The web and mobile trading platforms are well-designed, highly customisable, and rich with features such as an advanced order panel. Research and educational tools are also wide-ranging and sophisticated.
CMC Markets has excellent charting tools. You can choose from an impressive selection of more than 80 technical indicators, along with various other editor tools. There are also extra features, such as automatic trendline drawing tools and the option to save your favourite charts.
To open a real account, you’ll need a minimum deposit of at least $200. A demo account is also available with CMC Markets, so you can try out their platform.
CMC Markets trading offers to boast bountiful leverage that starts at just 3.34%, which means leverage of 30:1. However, CMC Markets allows five levels of margin, depending on a trader’s overall net trade per instrument traded.