CMC Markets

CMC Markets

I like it

Been with CMC for 7 months now - German version. Support is very good and charts as well as the software is one of most stable ones I've ever used. I like the fact that your templets get saved on their servers, so wherever I log in I got the same layout. Execution is fast. The data on the charts is not always clean (notrade spaces for example) thats a minus.
Top Platform

No SB firm is perfect, but this is a top platform, it's stable, it's fast and it does what it say on the tin.
Super charts

Excellent charting on their MarketMaker platform. I use 3 other SB Co's and CMC is by far the best technically for playing around and individualising the vast amount of indicators. I have found a brilliant use for heikin-ashi candles by playing around with them after coming across them while looking for something else !! Well done CMC
CFD better

I trade CFDs with cmc 1 or 2 trades a day, mainly stop orders rarely market. I have a sb account with them also but do not trade it as I have noticed the spikes. Can not fault them on the CFD account, I trade the dow and track their prices on cbot mini dow. charts almost identical with cmc adding 2 points to the high and low which is to be expected. They get an 8 for the cfd account.
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.
CMC Very good.

Never had a problem with CMC. Customer service is good and always ghet decent fills.
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.
best strategy in binary option

what is the essence of trading when you don't profit. Have you been tossed around by cyber swindlers and scammers and above all amateur traders, making you lose money.that's what you get when you fail to let professionals trade for you. well, i found a strategy,which i have been using and it helped me regain my money i lost during trading and i made more profit. you too can regain your lost money and gain profit in a short time of two weeks. contact me [email protected]
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.
Not Keen

Ok for the smaller trader, but on large trades it is better to go with a broker rather than a bookie, feel uneasy knowing that when I win they lose...it is not in their interest for client sto do well.

Prefer being GNI Touch as I can use the order book for the auctions.
really?

deal4free maybe their name, but dealing for free you're definitely not.

their trading platform is simple and the tools they supply for analysis are useless along with their mediocre support, but hey! it's not about their support, it's about making a s*** load of money and driving your ferrari 360 spider in a year's time and living in the swankiest part of town where every one has a porter and a cook!

just as quickly as i've excited and made you stain yourself i'll have to knock you off your high horse to the real world. it's betting. they are a bookie. they rig the prices so you don't win. if you have balls of steel and go around saying: 'i'll be back.' you can take on a position over a long period of time to really capitalise because thats the kind of person that deal4free are aiming at; your balls have been replaced because you have been kicked in them so much yet you still keep coming back for more.

what does toilet paper in public toilets and arnold schwarzenegger have in common?

they're rough, they're tough, and they take no s***!

don't be a fool as you could end up cleaning public toilets when you're broke.
Take a gamble

"we have the tightest spreads around"....what they fail to mention is how far their entire spread is out the market! Spreadbetting is a gamblers game and deal4free will manage to consistently price you out of the market. Forget TA if you want to spread bet, because by the time your system has generated a long signal, you probably need to go short to work the spread.

If you have a query D4F will be there ready to answer with their online chat service .... unless it looks like answering it will make you loose less money - bast**ds.

This is a quick way of loosing money. Their CFD service is no better - they use practically the same spreads. STAY AWAY.
CMC Service

I have been using CMC for 18 months and until recently was very happy with them. However, they have had horrendous system problems recently which have made the service unuseable for extended periods, resulting in a loss of many thousands of pounds to me. They have not compensated me for my losses and are having difficulty tracking phantom trades. I'm afraid that I'm going to have to take my business elsewhere, because as an active trader, I simply cannot afford this kind of thing.
Good for low comms while learning, insufficient trading tools & data sources

I've been using CMC for CFD trading of US stocks for about 9 months and have not had a live CFD with any other broker, so I can't compare them to another broker. I only use the MarketMaker platform and it perform OK without the slow downs that some others have reported. The PCs that I use MarketMaker on are quite modest, Athlon 3000 processor with 2GB ram. With MarketMaker I can put several charts on two monitors, but I could not see how to do that with the CMC web trading software so I don't use it - and it just looks naff anyway.

A particular problem is with setting a stop loss. The rule is that stops have to be at least twice the spread plus 1 point away from the current price, but even when I try to place a stop well outside that limit the software complains that there is insufficient distance from the price. The process of repeatedly setting the stop is too cumbersome, but if I keep trying then often the stop will be accepted. I contacted CMC about this problem and the person who responded stated that he could set a stop with no problem. As a result I rarely try to set a hard stop and rely on a manual exit instead.

The representation of OHLC bars on charts is abysmal as the bars are too thin. Again I contacted CMC about this and there has not been any change, so I just use candles.

When placing a market order of 200 or more shares the order can often just sit there not being actioned for several seconds. Often it will be quicker to close out a large position in lots of 100 shares at a time.

The ONE good thing about CMC is that there is no minimum commision, so when learning to trade you can trade as few shares as is wished, the smallest amount I have traded is just 10.

The charts supplied by CMC have the usual indicators but only those that are derived from price. There is no volume data or any form of scanning tools to locate fast moving stocks for example. So if you want a better chance to trade successfully then its necessary to supplement CMC charts with other data sources.

Its dissapointing to me that CMC are developing their next generation charting rather than providing those additional tools that will really help me, and in turn help them to keep me as a client.
The Spread!!

Having just recently closed my account with CMC Spreadbet on the grounds that I no longer found their spreads competitive in particular US and European Stock Price. Along with various other problems with the platform updating late following telephone trades. i.e: Closed trades being shown as open following data feed crash. Thus resulting in further trades closing trades that were not open!! I was a little surprised at the offer I received from the staff member. Words to the effect we can offer tighter spreads for certain individuals and offer tighter stop placement. I felt it was a little odd. Why cant everyone enjoy this facility??? The staff member added that a small number of clients were enjoying this facility already!! Nice polite staff though...

PS. I wonder if the "big" spread players are paying some other traders spread???? :-) How kind.. This may prompt a nice 10/10 feedback from another CMC "Client"!!
The Spread

i understand the importance of looking after the pennies but really are the spreads that important? i mean how much are you playing with? to me its like watching the rugby and complaining for the whole match about the grass you cant cheat fate a loser is a loser
2 Years with CMC Markets

Whilst this providor (Australia)does have some downsides:

Will Gun your stops

Response to online queries during live sessions is sometimes woeful

Changing layouts during live sessions can be hazardous - you can get a CMC version of a blue screen

I trade 2 Accounts & whilst they can run simutaneously, if I am trading both accounts during a session eg Forex & DOW I will use a 2nd Computer to run one of the screens

I have had NO problems in having money transferred back to my account

Other than above - I'm assured by others that they CMC are the best of a bad lot of CFD providers in Australia
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.
trading skill and strategy

Getting money from your broker accounts is always a problem because most
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Deal4Free

I used this firm for a short time, their quoted prices can leave a lot to be desired, then they may re-quote which takes even more time. If you are trading inter-day by the time all of this nonsense is completed you may well have missed your trade and indeed find yourself very quickly testing your stop.

I found the trading platform to be very poor indeed with frequent loss of data.

The spreads are not as tight as you may think 4pts on each end plus 4pts for a CRB
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