CMC Markets Spread Betting www.cmcmarkets.co.uk

No need for more tech details.... most covered by other reviewers.

After a few years trading with CMC you will end up selling anything saleable-- and living in a box on wheels - sh...ing in a plastic bag.

Not all bad though..happiness is what only what you make of it.

Ok so we know they have to make money on the spread they offer but they rig the market ridiculously its beyond a joke! 3 positions all winning even with real time data from the LSE (London Stock Exchange) and it miracuosly makes my account go to drop out value ending all my positions?

A JOKE SERVICE DO NOT USE

there demo account is nothing like the live account!

CMC have recently upgraded their platform and there's been a huge improvement, particularly with the charting and MorningStar analysis which as far as I know nobody else offers. Would certainly recommend someone who moved away to take a look again.

Hello ladies/gents,

I have recently opened account with CMC after seeing there gd spreads and margin req required for my mixed strategy. I felt the stops being triggered but still closed account with 38% profit. I couldn't find a better broker with that much leverage and spreads and went to open account again. but before i made that decision i read this and thought everyone should be aware of what are you getting into.

We act as a market-maker.

4.1 Although the prices generated by our platform or provided by our client management team will take into account current exchange and market data from various sources, they are not taken directly from any source. This means that our price may be different to any current exchange or market price, or another betting provider's price, for the relevant underlying instrument. The profits or losses that you make from bets made with us will be in relation to our prices solely, and not to prices prevailing or shown anywhere else.

This statement is expressing what they can do. they can quote made up prices to trigger stops and we have to honour that i guess.

and second point i found is that they cant guarantee the safety of our clients money in their accounts.

14.1 If you are categorised as a retail client, money that we hold on your behalf will be held in a segregated client money bank account separate from our own money, although this may not provide complete protection (for example, if the bank that we use becomes insolvent).

at least they should mention the banks name for better transparency and to see if that banks is going to get insolvent or not.

and lastly this point is fair but loosing confidence that if they are treating traders fairly even though odds are on their side with 90% of traders blowing their accounts up.

14.2 Money that may be owed by you to us under our Financial Betting Sales Trader Terms of Business and agreement therein (for example, net unrealised losses and holding costs) will be transferred from the segregated client money bank account to our own account and will then be treated as our own money (which is not subject to the FCA's rules on client money).

I am still looking for broker for sb with forex( expiring in 1 or 2 months), index and few comods providing about 400:1 leverage with low spreads.

Regards

You can live witdrawal problems with them. they don't accept documents and They don't see country's document differences. They opened account and now i live withdraval problem. Their procedure is not easy or they like keep clients funds in their company.

STAY AWAY FROM CMC MARKETS . FIND ANOTHER BROKER WHICH ACCEPT ONLINE SCANNED DOCUMENTS.

I was looking for a FX, index and commodities provider who would give me 100% automation, not kill my orders as others do. I need instant execution and tight spreads for my strategy and pleased to say cmc platform ticks all the boxes. They are the first I've seen to offer cash commodities as well as futures.

First off, I'm definitely a beginner to trading, so can't really advise on some of the more advanced features, but I found the platform easy to use. It takes a little bit of time to get yourself up to speed with all the options, but once I'd done that I found that it did everything I needed.

They also have some videos on their youtube channel that take you through some of the basics and some of the more advanced ideas too that I found useful. I guess it depends what level you're at but I found them interesting.

Overall it does everything I want to do and it's easy to use. Good on my tablet too.

I have been a customer of CMC Markets for years and really liked their old market maker platform, which was much better than the "new" one they launched a few years ago.

They have recently updated their new platform and it is a vast improvement! It has all the features it was missing from when they first made it available and I have to say, it is definitely the best platform to use if you trade the markets fairly actively (which I do).

I have also got someone as my contact now who I can call directly if I have any issues, so they have really stepped up their service too.

I am definitely a convert back to CMC after their recent changes and would recommend them to anyone who trades regularly.

The only thing I would say is people new to trading may find their platform a bit complicated to use. They do have videos and things available to help but not everyone will take the time to watch them.

I have been trading with them for some time now, and in that time I have lost a lot of money. Reading others people's review I totally agree. The final knife in the coffin is their new bet financing costs. You NO LONGER RECEIVE any positive carry as they hovered it up with their haircut.

You can no longer hold positions over the medium to long term as they will just hover all you cash up.

Even trying to scalp is challenging with them as you wonder where the hell they are getting their prices from? I have IG Index open and compare the two and CMC Markets is like a monkey trying to steal your food...

Avoid them or say goodbye to all your hard earned cash....

Been using these guys for about 12 months, regular platform updates, which is good, much more advanced features than ig, city and capitals, was recommnded by a friend, not sure why so many reviews on here are so negative. Customisable platform, easy to use and 0.7pts on EURUSD, though you don't always get it. One piece of feedback is their platform is not for scalpers, I use MT4 with alpari or fxcm for my EA's which is perfect for couple of pips in and out with decent risk/reward. CMC is worth checking out for yourself, it's free to have an account.