CMC Markets Minimum Deposit

CMC Markets does not require a minimum deposit amount to register a live trading account with a recommended minimum deposit amount stated as $100 USD.  This recommended minimum deposit is equivalent to R 1600.00 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

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 Minimum Deposit – 7 Key Point Quick Overview

1. ☑️ CMC Markets Overview
2. ☑️ CMC Markets Minimum Deposit
3. ☑️ How to Open a CMC Markets Account – Step by Step Guide
4. CMC Markets Deposit and Withdrawal
5. CMC Markets Customer Reviews
6. Conclusion
7. 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 Minimum Deposit

Even though CMC Markets does not require a minimum deposit amount to open an account, funds will be needed in order to make the first trade.  Full-fledged trading with effective money management will need a deposit of at least $100 USD / R1600 ZAR.

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 Deposit and Withdrawal

CMC Markets offer their clients a large selection of trusted Funding methods and withdrawal options for use.  Both deposit options and withdrawal methods will come with their own set of terms and conditions.  Here is an overview.

CMC Markets Deposit Options

Traders must ensure that they fund their CMC Markets account using a credit/debit card, bank account, or PayPal account in their name as payments from third-party sources will be rejected.

CMC Markets Withdrawal Methods

On the traders’ platform, under the ‘Funding’ tab,  ‘Withdrawal’ can be selected. From here the account holder will be able to choose their preferred withdrawal destination from the three options: ‘Card’, ‘Bank transfer’ or ‘PayPal’.

CMC Markets Customer Reviews

Excellent!

I’ve been with this company for approximately 2 years plus and I’m really impressed by the work they’ve put into the platform desktop and app. I’ve had the pleasure of sitting in lots of educational moments every month which has improved my trading confidence significantly. Thank you. – Vinola

Great App.

For all the app for trading CMC is the best ❤️because everything you do you find easy to understand the work with, and you can achieve what you need to get your goals in this platform I really recommend it for everyone. – Guy

Customer Service.

Excellent customer service. – Nazeer

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 does not require a minimum deposit amount to register a live trading account with a recommended minimum deposit amount stated as $100 USD / R1600 ZAR.

You might also like: CMC Markets Review

You might also like: CMC Markets Account Types Overview

You might also like: CMC Markets Demo Account – Step by Step

You might also like: CMC Markets Fees and Spreads

You might also like: CMC Markets Sign up Bonus

Frequently Asked Questions

What is the minimum deposit required to open an account with CMC Markets?

The broker does not require any minimum deposit, an account can be opened with any level of initial deposit.

What are the deposit methods for CMC Markets?

CMC Markets offers the following deposit and withdrawal methods: Bank transfer, Credit or debit cards and Paypal

The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

Does CMC Markets charge withdrawal fees?

No withdrawal fees are charged by CMC Markets

How long does it take to make a withdrawal?

Withdrawals from CMC Markets usually takes 1 business day, but it may take several business days for the money to be available in a trader’s bank account.