CMC Markets is a licensed and regulated CFD / Spread betting broker, that offers Forex & Crypto Currency trading.
Officially owned by CMC Markets UK Ltd, they are located at: 133 Houndsditch, London, EC3A 7BX, United Kingdom. Their phone number in United Kingdom is: +442071708200, and their email address is: [email protected].
Official website is at: https://cmcmarkets.com. For complaints or withdrawal problems, go here.
CMC Markets Review
Our review of CMC Markets finds, that they offer their day traders, a custom built trading platform for Spread betting and CFD trading. Also available is the standard MT4 trading platform. Their trading platform is very advanced, yet fairly easy to use at the same time.
Day traders and investors will find many underlying assets to choose from for CFD trading including; Crypto Currency pairs, Forex pairs, Oil, Gold and Major Market Indexes like the S&P 500. Stock market traders are offered CFDs on almost 10,000 stocks from exchanges around the world.
Maximum leverage for Australians and residents of New Zealand is 500:1. For investors from Europe and Canada leverage is capped at 30:1. This broker has local offices in many countries worldwide including Canada, Australia and Singapore.
They do not offer any auto-trading software, so if you want trading signals, look here. A popular broker to consider for mirror trading is AvaTrade.
Is CMC Markets a Legit Broker?
Yes, they are a legitimate broker that holds a valid license.
CMC is regulated in multiple countries.
- United Kingdom: CMC Markets UK plc is licensed for CFD trading by the FCA in the United Kingdom, registration numbers 173730 & 170627 for Spreadbetting.
- Australia: CMC Markets Asia Pacific Pty Ltd is registered with ABN 11100058213, and licensed by ASIC with AFSL number 238054.
- Canada: CMC Markets Canada Inc, is a member of the IIROC (Investment Industry Regulatory Organization of Canada) and the Canadian Investor Protection Fund.
- Singapore: CMC Markets Singapore Pte Ltd is regulated by MAS (the Monetary Authority of Singapore), Reg. No. UEN 200605050E.
The way Scam Broker Investigator reviews a Forex broker to see if they are a scam or legit, is by verifying they have a licensed and are regulated by the government. When choosing a CFD or spread betting broker, it is very important to check the list of regulated brokers, and make sure you are using a legal brokerage firm.
Compare Popular Brokers
There are hundreds of brokers to choose from, so make sure to compare the top rated brokers.
ForTrade is the most popular broker for our readers. They are headquartered in London, and have a license from the FCA, look here.
Tryout their Free Demo Accounts, on their award winning trading platform, signup here.
If you are currently trading with the brokers at CMCMarkets, please share your review in the comments section below.