Discovering the large abundance of Forex brokers around the web is in the beginning a big fun, but when you realize how many they are, the research goes to nowhere just because traders refuse to spend hours in a search of good platforms. And when they do it, they usually miss the best part or in other words, the oldest Forex brokers, which are not so highly advertised among the web – because they don’t need to be and because they are experienced enough to gain more and more clients each next single. Today we will discuss one of these trading websites with our full and helpful CMC Markets review.
CMC Markets Forex Broker Company and Origin Facts
CMC Markets Forex broker was established by the financial legend and professional trader of all times Peter Cruddas in 1989. The trading platform is based in UK and its financial trading company has been considered to be one of the top-rated financial services providers of all times across UK and Europe in general. Due to its tax status and policy, as well as to the available spread betting accounts only citizens from United Kingdom and Northern Ireland can become official and regular customers of this website. CMC Markets is currently one of the largest and most successful spread bet sites in the UK. Last, but not least CMC Markets was awarded Best trading platform and Best online charts by Money AM in 2013.
CMC Markets Forex Broker Customer Support and Regulation
As to the regulation, CMC Markets Forex broker is highly appreciated option, because it is well-known with its solid and good regulation. The trading platform is covered by the special safety and security measures from one of the main regulation bodies in UK – FCA – and in addition to this EU has also become a controlling body for the security level at the website. The customer support services at CMC Markets Forex broker are also high-qualitative and first-class. You can always turn to the customer support representatives from the website to ask a question, make an inquiry or require some help. The only available language is, of course, English due to the recent national restrictions on the trading webpage, while the communication methods are integrated web live chat, phone calls, emails and fax messages. The customer support at CMC Markets Forex system is available 24/7 for the British trading audience.
CMC Markets Forex Broker Specifications, Features and Highlights
Since it is entirely focused on the English audience, the only chance for you to open an account is to GBP currency. The minimum initial deposit amount is £200 and the payment methods (for both – deposits and withdrawals) are debit or credit card, ordinary bank wire transfer with no limits as to the different British banks. Note that in many cases the express transfers might be extra charged with £15. Still, CMC Markets Forex is in general free of charge, when it comes to services, subscription and making an account for trading. There are no minimum or maximum withdrawal limits on CMC Markets website. This Forex broker is also well-known for its big and very helpful education centre. Here, besides the soft learning lessons, you will be provided with individual tips and ideas for improving your own trading strategy. The leverage at CMC Markets Forex broker is 200:1 and the spreads ranges by beginning from 0.7 pips. The trades are executed automatically and instantly. Traders that appear at CMC Markets Forex website are always supported with latest Forex news and good analyzes of the market condition.
CMC Markets Forex Broker Trading Platform Types
CMC Markets Forex broker is superb for both – desktop and online trading activity. If you prefer the regular desktop experience, you will be offered with good and intuitive software that requires installation. Though, don’t worry, because settling up Next Generation Platform is not harsh at all. The mobile apps are versions of the same platform and they suit tablets, iPhone and Android-based smartphones.
CMC Markets Forex Platform Provides No Bonuses
Have in mind that exclusive promotions and special offers aren’t the delicacies CMC Markets Forex brags about or uses to expand its audience. Many experts believe that the broker stopped offering bonuses since its audience is too large and it does not even need to expand its popularity among the British trading community.
What are The Biggest Pros Behind CMC Markets Forex Broker?
See what`s so good in short about trading at CMC Markets Forex broker now. These are the best pros behind this platform:
- Good reliability
- Nice customer support services
- Numerous trading tools and instruments to take benefits of
- Rich experience
- 100% positive reputation
- Originated from the mind of a top financial trader from Great Britain