CMC Markets is a licensed and regulated broker for CFD’s / Spread betting, that offers Forex & Crypto Currency trading.
Officially they are owned by CMC Markets UK Ltd, and located at: 133 Houndsditch, London, EC3A 7BX, United Kingdom. Their phone number in United Kingdom is: +442071708200, and their email address is: [email protected].
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.
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.
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