CMC Markets
in Brokers / Spread Betting & CFDs
CMC offers three different types of trading services.
Contracts for Difference
An award winning online CFD trading service. Trade in over 1000 CFD instruments including Shares, Indices, Commodities and Treasuries.
Financial Spread Betting
Trade tax and commission free in thousands of global instruments including Shares, Indices, Currencies, Commodities and Treasuries.
Foreign Exchange
CMC Markets offers commission free online FX trading in all major global currencies. Trade 24 hours with inter-bank spreads.
Country: United Kingdom
Website: http://www.cmcmarkets.com
Member reviews
Was better in the old "deal 4 free" days
Used to be great a few years back. Now with all the updates it has got a little complicated and suggish. However, it still has it good looks. I guess it will take some time getting used to it compared to IGIndex.
Mystry Trade
On my account there were 2 separate trades executed (Forex) same time for the same currency pair. These are 2 separate trades and it is not possible to execute 2 sames trades at the same time in MM. Any way CMC is not helpfull as usuall and couldnt give any explanation. I ended up loosing money and closed the account long time ago.
Fantastic trading platform - intuitive and easy to use.
Have been using their new spreadbet platform, both for web and iPhone and its been a very good experience so far. The spreads are narrow and pretty consistent. I love the iPhone app - its the best mobile trading app i have ever used. i'd like them to add trailing stops and better charting. Perhaps a news ticker as well. But very pleased so far.
Very spooky - I just logged in today and they have added trailing stops and the charts have additional functionality.
Very spooky - I just logged in today and they have added trailing stops and the charts have additional functionality.
CMC Markets
Agreed. Their front-end is totally ridiculous.
CMC
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.
CMC- Transparent pricing???
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.
Satisfied with CMC
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.
CMC Very good.
Never had a problem with CMC. Customer service is good and always ghet decent fills.
CMC are not that bad
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.
Dire Customer Service
An awful expeience using this bunch, took four phone calls before they eventually agreed to allow me to withdraw my funds - reason? Because on signing up I didnt give them a land line (I trade via mobile broadband) and despite getting written confirmation that this was acceptable (by the Marketing Manager) I was put on hold for so long I needed another shave. Also when you close a position any associated stop losses and limits remain live so if you forget to close them too you'll end up with a few more trades than you bargained for.
You need to be logged in to post reviews
