Important: This broker offers CFDs which are a leveraged product. Using leverage involves greater risk than using cash resources only and your responsibility to repay the borrowed money (and any interest) remains the same even if the value of the underlying asset declines. Your CMC Markets trading account gives you access to more than 10,000 global products, including:
CMC Markets offers one, award-winning platform for CFD and forex traders called the CFD Next Generation platform. This is an advanced, powerful web-based and mobile platform available on compatible iOs and Android devices. It features more than 115 technical indicators and chart types to help with your trading analysis, and a range of useful tools including the price projection tool and pattern recognition tool. You can also connect with other traders via the chart forum, an online trading community enabling you to discuss and share trading insights.
If you need assistance with a particular trade or with any aspect of your CMC Markets account, it’s easy to get in touch with CMC Markets. Phone, email and live chat support are all available.
There are also plenty of educational resources which CMC Markets you can access in order to improve their trading knowledge. These include instructional articles and videos, trading guides, a blog, events run by market experts and much more, plus a free demo account.
When you trade CFDs or forex using a CMC Markets trading account, you’ll need to consider the spread, which is the difference between the buy and the sell price. In addition, you’ll need to consider the commission charge that applies to your trades. The minimum spread applied to a forex CFD is 0.7 points, with margins from 0.20%. Commission on share CFDs start at 0.10%.
If you want to access CMC Markets’ price data for share CFDs, you may need to pay a monthly subscription fee. For example, there is no fee for accessing US data, but you’ll have to pay $20 to access Australian market data. Finally, keep in mind that holding costs may apply to positions that are held open at the end of a trading day.
| Payment type | Acceptable currency | Payment type supported | Charge | Transfer time |
|---|---|---|---|---|
| Personal cheque | CAD, USD |  | Nil | 5 full business days hold |
| Electronic Funds Transfer (EFT) | CAD, USD | | Nil | 3 full business days hold |
| Wire transfer | CAD, USD | | $15 levied by CMC Markets’ bank for domestic wires | 24 business hours |
| Online bill payment | CAD | | Nil | 24 business hours |
| Direct debit (debit card) | N/A |  | N/A | N/A |
| Direct debit (credit card) | N/A | | N/A | N/A |
| Cash | N/A | | N/A | N/A |
To apply for a Trading Account from CMC Markets, simply click the ‘Go to Site’ link on this page to be securely redirected to an online application form.
To apply for an account you will need to provide:
Of course, it’s vital that you are fully aware of all the risks involved in trading CFDs before you sign up for an account.
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