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CMC Markets Review For Beginners
A step by step tutorial on CMC Markets' offerings including their accounts, spread fees, trading applications and more.
This Video Overview Includes:
📢 Trading products
📢 Account types
📢 Trading Platforms
📢Opening an account
📢 Educational resources
📢 And more...
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2:50 Trading platform
4:29 Account types
6:22 Opening an account
7:32 Educational resources
Read our Video Script:
CMC Markets is a London-based Forex and CFD broker that was founded in 1989 and is listed on the London Stock Exchange. They currently have 13 international offices and more than 300,000 clients worldwide. There are many benefits to trading with CMC Markets and as an FCA-regulated broker that is also registered on the Financial Services Compensation Scheme (FSCS), you can rest assured that your investments will always be protected. As a CMC Markets client, you can choose from multiple account types and your account can be funded using up to 10 base currencies. They offer secure, flexible payment methods and once your account is funded, you’ll be able to trade more than 11,000 instruments. Each account gets free education, market analyst insights, a pattern recognition scanner, and a special market calendar. They also offer cash rebates on all accounts and you can connect your account to MetaTrader 4 or the CMC Markets Next Generation app.
As a CMC Markets client, you will be able to connect your account to the MetaTrader 4 and 5 platforms. MetaTrader 4 is currently one of the most popular trading platforms in the world. It was released in 2005 and is well-known for having advanced analysis tools, thousands of technical indicators, customizable charts, EA and algorithmic trading support and much more. You can download MT4 for free from the official MetaTrader website. You also have the option of using the CMC Markets Next Generation trading platform. This is a beginner-friendly platform that can be used on mobiles, desktops and tablets and it can be used either with the Standard layout or with an advanced layout for professional traders. Next Generation has more than 115 technical indicators, a variety of drawing tools, over 70 chart patterns and 12 chart types. It also comes with multiple order types and an advanced order management system and has built-in features such as live chat, trading videos and platform tutorials. You can customize the layout of your workspace and you can also set up multiple personalized trading alerts to make sure you don’t miss any trading opportunities on your favorite instruments!
CMC Markets offers two types of CFD accounts, a spread betting account and a demo account. You also have the option of converting your account to a swap-free account if you abide by Sharia laws and you are prohibited from paying interest. The CFD accounts do not have a minimum deposit requirement and you can trade more than 10,000 instruments on both accounts, which have spreads starting as low as 0.3 pips. Both accounts also come with free educational material, exclusive market analyst insights, a Reuter's market calendar, an intuitive pattern recognition scanner and Morningstar quantitative equity research reports. Once you are ready to make your first deposit, you can fund your account using up to 9 base currencies, including GBP, EUR and USD.
CMC Markets is one of our favorite brokers for beginners because they offer plenty of high-quality trading guides that cover a variety of topics - from the basics of trading CFDs and spread betting, to using technical indicators and fundamental analysis.
You can also attend webinars and events and get exclusive market insights with Reuters news. If you choose CMC Markets as your first broker, you will have access to some of the best training material and market data in the industry and you can practice trading on two exceptional platforms without risking any money.
CMC Markets is one of our most-trusted, top-rated low-risk forex brokers and we recommend them to all types of traders - whether you’re an absolute beginner or a seasoned professional - CMC Markets is the perfect broker for CFD traders and spread betters. Their competitive spreads make them an excellent option for beginners with limited capital AND high-volume traders who are ready to take their investments to the next level!
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