Day Trading & Forex Forum

5 of 5 members found the following review helpful:

CMC
5/10
you will often see wide random spikes for some instruments within CMC, even when the underlying market is relatively quite. Could it be to hit stop clusters? who knows. But its unfair to say they are the only firm to do this. As an investor it is your duty to scrutinse the firms you use to trade and if you are unhappy be prepared to leave at the drop of a hat. Do not get comfortable with any firm even if they havent given you any cause for concern stay on your toes! everyone is here to make money even the market makers.

9 of 10 members found the following review helpful:

CMC- Transparent pricing???
1/10
My brief experience with CMC ended when a long position in EUR$ I had open with them was stopped out. It was last thing on a Friday night and I just happened to have my systems running. CMC's spread opened (from memory)out to about 12 points, instead of there usual 3 or 4, in addition to moving about 15 points wide of the market. This only lasted maybe thirty seconds max and the market was obviously liquid... A cynical man would observe this allowed CMC to close anything within nearly thirty points of the market price instead of the usual 3 or 4. After numerous requests to explain were ignored or rebuffed I closed my account.

1 of 6 members found the following review helpful:

Satisfied with CMC
8/10
Have traded with them for several years, and perfectly satisfied with their service. Lots of moaners about them here, but no problems in my experience.

0 of 4 members found the following review helpful:

CMC Very good.
8/10
Never had a problem with CMC. Customer service is good and always ghet decent fills.

1 of 7 members found the following review helpful:

CMC are not that bad
7/10
I think most people have problems with their brokers because they don't understand what they are doing sometimes. I have used CMC for many years and yes at times when it comes to shares they are a bit tricky but when it come to trading Indices. They fill and execute fairly well.