On-line since: About the company: CMC Markets has been operating since 1989. The company provides a wide range of trading products for traders all over the globe. The broker is headquartered in London, UK and has offices in Austria, Australia, New Zealand, Canada, Singapore, Spain, Germany, France etc. The firm’s clients can trade currency pairs, stocks, indices, and commodities from one account through CFD Platform and Spread Betting Platform. Novices and traders willing to test a new strategy can open a free demo account. The company’s customer support is available in several languages. Any client can contact the support center 24/5 via phone, email, or online chat. CMC holds free webinars and offers online educational materials.
4/10
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I have been using CMC Markets almost for half a year now and I'm fed up with getting re-quoted, when it comes time to place an order. Their platform always disconnect and they always freeze. Moreover, Support team is not helpful at all. I did not get any answer from them.
I am trading a cent account with MT4 platform, but sometimes I also trade the web and mobile MT4 version. I found their deposit and withdrawal is quite a simple and pain. Especially I am happy with their 0.3 pips fixed spread for major currency pairs such as EUR/USD, GBP/USD,& USD/JPY. My last $350 withdraw process are fast via Web money within a day. CMC Markets has the most 24/6 customer support services. I get the reply very soon at any time.
I think CMS broker isn't suitable for me. As their VT trader 2 platform has slow order execution and price requote. So I got 5 to 20 pips slippage or I can't close my pending position in several trading. Also, I am fed up with CMS Forex broker's payment service too.
With the customer support team of CMC Markets being available all the time, I feel at ease and secured. They answer promptly and they resolve whatever issue there is. I also appreciate that they dedicated a section for Forex education. It is really helpful to all traders.
I think it is a good advantage for trading daily. I don't understand why they commented negatively. Their deposing and withdrawal system is highly efficient. At the beginning, I started with $500 and after two month, I made profit of $730. I would give them 4.5 rating. Another thing is they have dependable support team so if a trader has doubts or questions, they can easily contact support and their doubts will surely be wiped away.
I requested to withdraw my money and I closed the account. They did not give me any return at all, and then I found out I am not the only user with such problem Because of this lack, I stopped trading with them , and I am looking for a new platform, that I can trade .
My advice to all professional traders is to stay away from CMC Markets broker cause they are not dependable broker. On 7th March I had a short trade with a take profit of 169 pips and next day they disabled my account with our any notification. When I contact with their support they tell me that they blocked my account because of abnormal activity. That means if client make profit they say abnormal but when a client make loss that was not abnormal. I decided to leave this broker.
I deposited $2000 with Web Money, made profit $1100 during this 5 months and now I lost $1500 in the last month because of their problems. I requested to withdraw my money and I closed the account. I was so surprise when my take profit are not trigger even the price already pass by the take profit setting. I ask their support with the screen shot then they don’t even answer my question like they don’t have the right answer to explain to me.
I was deposited around $300 with CMC Markets and after a week I made a booming profit of $750. I submitted a request yesterday to send $ 350, but they gave a reason that made no sense. I have a suspicion that they will cheat and take advantage of my trading. They did not give me any return at all, and then I found out I am not the only user with such problem.
CMC Markets is a company with good conditions for clients. I got to know their no deposit bonus of $300 and you can use it for trading after registration, and tested it. It was a worthy experience. I am a day traders, and I could see that their execution is fair, sllipage rarely happens. I still did not get that profit yet, so I just confused what if continue my trading here or lookig for another broker.
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