CMC Markets Account Types

CMC Markets provides 4 different account types, a Spread Betting Account, CFD Account, Corporate Account, and Demo Account. CMC Markets does not require a minimum deposit amount to open an account, a $100 USD / R1600 ZAR deposit is recommended.

Overall Rating

• 4.1/5

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OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

FCA, IIROC, ASIC, FMA, MAS

Trading Platform

MT4

Crypto

Yes

Total Pairs

158

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

CMC Markets Account Types – 9 Key Point Quick Overview

1. ☑️ CMC Markets Overview
2. ☑️ CMC Markets Account Comparison
3. ☑️ CMC Markets ALPHA Account
4. ☑️ How to Open a CMC Markets Account – Step by Step Guide
5. CMC Markets Demo Account
6. How to Open a CMC Markets Demo Account – Step by Step Guide
7. CMC Markets Customer Reviews
8. Conclusion
9. Frequently Asked Questions

CMC Markets Overview

CMC Markets is a global CFD and forex broker company that was founded in 1989.  By 1996, the company had launched a real-time forex trading platform and in 2000 it introduced CFD trading which, together with spread betting, were to form the core of CMC Markets’ future business.  CMC Markets have aggressively embarked on global expansion and today the CMC Group has its head office in London and also offices across the world’s leading financial centers like Frankfurt, Sydney, Singapore, and Toronto.

CMC Markets is regulated by several global authorities, including the FCA.

CMC Markets Account Types

CMC Markets offer a dedicated spread betting and CFD trading account, as well as a corporate trading account.

CMC Markets Account Comparison

CMC Markets Spread Betting Account

A Spread betting account is said to be a tax-efficient way of speculating on the price movement of thousands of global financial instruments.  The CMC Markets Spread Betting Account allows the account holders to:

• Trade on thousands of global markets.
• Save from 5% to 28.6%^† on spreads with Alpha.

With leverage, the trader will only need to deposit a percentage of the full value of a position.

CMC Markets CFD Account

CFDs are a derivative product that enables investors to trade on the price movement of underlying financial assets.  The CMC Markets CFD Account allows traders to:

• Pay no stamp duty on profits from trading CFDs.
• Save from 5% to 28.6%^† on spreads with Alpha.
• Deposit from just 3.3% of the full value of their position to open a trade.
• Trade with tight spreads on 11,500 markets.

CMC Markets Corporate Account

The CMC Markets corporate account offers access to a CFD trading account for business.  The CMC Markets Corporate account includes:

• Insights from our expert analysts, plus access to Reuters and Morningstar.
• An award-winning charting package.
• The managed risk with guaranteed stop-loss orders.

CMC Markets ALPHA Account

The CMC Markets Alpha Account is a premium Membership that offers discounts on spread costs, premium support, a Financial times subscription, and access to market experts.

How to Open a CMC Markets Account – Step by Step Guide

1.  Step 1:  Start Process

In order to Start the account application process, the applicant can simply click on the blue “Create Account” Button located at the top right of the CMC Markets webpage.

2.  Step 2:  Select Region

The Applicant must select their country of residence before they can continue with the registration process.

3.  Step 3:  Select Option

The next step is to create a unique password and select a trading option.

4.  Step 4:  Verification

The applicant will be prompted to check their email for a verification code.

5.  Step 5:  Email Verified

Once the code has been entered, a Demo account has been created.  The applicant can now decide if they want to continue to live account registration. The applicant can now click on Continue to complete the process.

6.  Step 6: Live Account Registration

The first step in the six-step process will be completing general information, including account type and account base currency.

7.  Step 7: Personal Details

The applicant will need to complete personal details including their date of birth, Nationality, and Tax status.

8.  Step 8:  Address Details

The applicant will now be prompted to complete details about their address, including their city of residence and postcode.

9.  Step 9:  Employment.

Following the Address details, employment details will be required.

10.  Step 10: Finacial Background

The tenth step is for the account applicant to complete their financial background.

11. Step 11:  Knowledge and Experience

The final step is for the applicant to complete a short section in regards to market Knowledge and Experience.

CMC Markets Demo Account

CMC Markets does offer a free CFD / Spread Betting demo trading account for beginners to start practicing trading on indices, currency pairs, shares, commodities, and treasuries in a 100% risk-free environment.  The CMC Markets Demo Account is loaded with £10,000 GBP / R200’000 ZAR  of virtual funds.

How to Open a CMC Markets Demo Account – Step by Step Guide

1.  Step 1:  Start Process

In order to Start the account application process, the applicant can simply click on the blue “Create Account” Button located at the top right of the CMC Markets webpage.

2.  Step 2:  Select Region

The Applicant must select their country of residence before they can continue with the registration process.

3.  Step 3:  Select Option

The next step is to create a unique password and select a trading option.

4.  Step 4:  Verification

The applicant will be prompted to check their email for a verification code.

5.  Step 5:  Email Verified

Once the code has been entered, a Demo account has been created.  The applicant can now decide if they want to continue to live account registration.

CMC Markets Customer Reviews

Excellent!

Great platform for trading. Information is readily available for your trading.  I feel confident with relevant tools at my disposal when taking a trade. – Anon

Best Broker.

I’ve been a client for almost 10 years, great products, customer service, education, community. Really a no-brainer, hands down the best broker out there. – Matt

Great Platform.

Such an easy-to-use platform now. Great work. – Dean

Overall Rating

• 4.1/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 0

Regulators

FCA, IIROC, ASIC, FMA, MAS

Trading Platform

MT4

Crypto

Yes

Total Pairs

158

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Conclusion

Overall, CMC Markets provides 4 different account types, a Spread Betting Account, CFD Account, Corporate Account, and Demo Account.

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Frequently Asked Questions

Does CMC Markets offer ZAR trading?

Yes, more than 330 forex pairs including majors and minors and exotic pairs such as USD/ZAR and ZAR/JPY can be traded with CMC Markets

What trading platforms are supported by CMC Markets?

CMC Markets supports the Next Generation, Metatrader 4, Share trading standard and Share trading pro platforms

Does CMC Markets offer a demo account?

Yes a demo account option is available.

How long is the demo account valid?

The demo account can be used for an unlimited time.

Which live trading accounts does CMC Markets offer?

• The CMC Trading Spread Betting Account
• The CMC Trading CFD trading account.
• CMC offers these accounts to both individual corporate clients.

Does CMC Markets offer an Islamic Account?

No Islamic account is available from CMC Markets

What are the available deposit currencies for a live trading account?

CMC Trading accepts 10 different forms of currency. Since only customers from the United Kingdom, Poland, Norway, Sweden, Denmark, Germany, Spain, Italy, France, and Canada are accepted, it would probably be these countries’ currencies.