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.
What can I trade with a CMC Markets?
Your CMC Markets trading account gives you access to more than 10,000 global products, including:
Shares. Access over 9000 global shares and ETFs in more than 20 markets around the world.
Indices. Choose from over 90 indices products, including the Canada 60, US 30, Australia 200, UK 100 and Germany 30.
Commodities. More than 100 commodity products available to trade.
Forex. More than 330 currency pairs are offered to you through CMC Markets.
Treasuries. Trade on over 45 treasuries products.
Warrants. Invest in leading Canadian companies and other underlying assets.
Options. These can be used to earn income, generate wealth or even hedge your position in a falling market.
Managed funds. CMC Markets offers access to funds that cover all asset classes.
Interest rate securities and bonds. These options offer a steady and secure form of investment.
Features of a CMC Markets trading account
Market data. CMC Markets provides price data from markets around the world, including the Canadian, US, German, Swiss and UK markets.
Research. CMC Markets offers a wealth of research tools and resources to help you trade. These include events and seminars, market reports, news and analysis.
Access. Placing trades through your CMC Markets trading account can be done online, over the phone or using the CMC Markets app on iPhone, iPad or your Android device.
Next Generation platform. CMC Markets’ Next Generation platform has been built to suit the needs of active traders. It offers advanced research and charting, unlimited free conditional orders and the ability to process orders in less than one second.
Award-winning charts. The platform offers more than 115 technical indicators and drawing tools, 70 chart patterns and 12 chart types.
Demo account. The free demo account allows you to practice trading before you commit to trading CFDs.
Regulated in Canada. CMC Markets is a member of the Investment Industry Regulatory Organization of Canada and a member of the Canadian Investor Protection Fund.
What trading platforms are available?
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.
What support/information is available with a CMC Markets trading account?
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.
What fees will you pay?
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.
How do you fund your account?
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
Pros and cons of using a CMC Markets trading account
Pros
Reputable provider. CMC Markets has taken out a large number of industry awards for its CFD trading services.
Trading options. You can trade over 10,000 products on markets around the world.
Competitive fees. A comparison of CMC Markets’ ongoing fees and commissions reveals that the CMC Markets CFD Account is an affordable trading platform.
Access to MetaTrader 4 (MT4). This platform is the most popular trading platform around the world, and is supported with CMC Markets.
Cons
CFDs are risky. Trading CFDs comes with a wide range of risks – make sure you’re fully aware of these risks before you decide to start trading.
Obscure and potentially costly commission scheme. Larger positions widen the spread applied to transactions, though the exact spread varies depending on which platform you use. Details affecting the profitability of trades are sometimes buried in fine print, making it difficult to fully understand your costs upfront.
How do I apply for a CMC Markets trading account?
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:
Your name
Your contact details
Your tax identification number (Social Insurance Number, or SIN)
Details of your financial background
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.
Disclaimer: Trading in financial instruments carries various risks, and you can lose more than your capital. This article may contain general advice. You should always seek professional advice when deciding if a product is right for you.
FAQs about CMC Markets CFD Accounts
Yes, the nature of CFDs means it is entirely possible to lose much more than your original outlay.
Yes, the CMC Markets Trading app makes it possible to place trades from your iPad, iPhone or Android device.
CMC Markets offers a wide range of educational resources including free webinars, trading guides and market insights to help you make smarter trades.
There is no fee for opening an account. However, you’ll be charged $15 per month if your account remains continuously inactive for 12 months.
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for the product on the provider's website.
Marc Terrano is a Lead Publisher and Growth Marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help people around the world to get the best value for their money.
Bonds are fixed-income assets that earn interest. But bonds may underperform other asset classes in the long run.
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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. 
