CMC Markets forecasts FY 2023 income between £280-290M


Packed with advanced features, yet intuitive and available to everyone; whatever the next step in your trading journey is, our platform is ready to help you get there. Spread bet with leverage tax-free 4on 12,000+ instruments, with no FX fees . You can see the minimum trade size for all instruments on the platform, in the ‘Product overview’ section.

You can set alerts and notifications in the form of mobile push and email notifications on the desktop trading platform. You can set multiple alerts and notifications on the CMC Markets mobile app. To do so, open up the chart of an asset, then click on the top right corner. In another great feature, you can set alerts for economic calendar events too, just like on the web platform.

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UK’s most trusted broker with lower equity volume and a rise in lower-margin institutional trading activity. Nonetheless, trading updates published by the venture show a brighter picture. What makes the position of CMC Markets stronger is the fact that certain factors remained stable throughout FY23. These include client money, the number of monthly active clients on the platform, and assets under administration. CMC markets generally offer lower spreads and commissions when compared to Alpari, especially for trading forex pairs.

This is the best way to learn how to behave on financial markets. What also sets CMC apart from other brokers is the ability to share your technical analysis with other traders. CMC Markets provides fundamental data analyses through Morningstar reports. The reports are regularly updated, and include quantitative research, along with important details from annual financial statements.

European markets set for third successive daily gain, Next slides

CMC provides traders access to an extensive range of offerings, both CFDs and spread betting, across several different asset classes. Additionally, the broker offers competitive spreads that are dynamic in that they widen or contract with trade sizes, and clients’ accounts are protected from going into a negative balance condition. The global foreign exchange market is the largest and most actively traded financial market in the world.

The company is ranked as the winner for Investopedia’s Best Overall Forex Broker for 2020 as well as Best Forex Broker for Range of Offerings. CMC markets charge various fees and commissions in addition to spreads. However, the good news is that the platform operates on a transparent pricing model with no hidden or extra charges.

forex and cfd

We established a rating scale based on our criteria, collecting thousands of data points that we weighed into our star scoring system. Asia Forex Mentor Evaluation Criteria A Forex broker is integral to the success of retail traders and trading platforms. By employing the ideal broker, users can save considerable CMC markets fees and dramatically lower trading costs. An online broker is an incredibly important tool for successfully indulging in cryptocurrency trading and trading forex. CFD account is a standard account offered by CMC markets that enables traders to trade on various asset classes, including forex, shares, indices, commodities, and cryptocurrencies. The good news is that this account offers competitive spreads and does not charge any commission on trades.

Although both brokers provide various trading platforms like MT4 and MT5, CMC markets have the additional advantage of having their proprietary platform. This platform has won several awards and is well-reputed for being highly customizable and user-friendly. This account is a tax-efficient way of trading on financial markets. is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Our CMC Markets review found it was the Top forex broker for intermediate forex traders. This is because it offered high leverage, a strong trading platform and guaranteed stop-loss orders.

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CMC markets is a safe, secure, and reliable broker, meaning investors’ capital is safe. As a financial services pioneer we’ve got the expertise allied to over 30 years’ industry experience. That’s why over 300,0006 global clients put their confidence in us.

  • On top of that, the firm says it remains committed to expanding its institutional business.
  • As you can see below, the CMC platform is ranked the second-lowest out of leading brokers.
  • This is because it offered high leverage, a strong trading platform and guaranteed stop-loss orders.
  • It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
  • The headquarters of this platform is in London, which makes it an FCA-regulated broker.

CMC Markets has clear and transparent portfolio and fee reports. Click ‘History’ at the bottom of the platform to view all of your trading costs and your payment for recent trades. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. In the forex markets, currencies trade against each other as exchange rate pairs.

It is comparable with the best that the online forex brokerage arena has to offer. CMC markets is a well-regulated platform with positive reviews in the overwhelming majority, with 66% of users giving 5 stars and 18% rating the platform at 4 stars on Trustpilot. 2FSCS is an independent body that offers protection to customers of financial services firms that have failed. A CFD account designed for high-volume traders, who want to get even more from their forex trading.

I want to trade options, are they available at CMC Markets?

It is important to note that Alpari does not charge an inactivity fee, while CMC markets charge inactivity fees if you don’t trade for 12 months. This account is designed for seasoned traders and investors who meet the eligibility criteria of CMC markets. The account offers highly advanced, state-of-the-art features, including reduced margin requirements and access to greater leverage. However, it is imperative to keep in mind that trading carries inherent risks, and it is crucial for you to evaluate and reflect upon your risk tolerance and investment goals before proceeding with CMC Markets. CMC markets is a renowned online trading platform based in London.

CMC Markets’ H1 FY23 Trading Revenue Jumps 27% – Finance Magnates

CMC Markets’ H1 FY23 Trading Revenue Jumps 27%.

Posted: Wed, 16 Nov 2022 08:00:00 GMT [source]

CMC Markets said critical metrics, such as monthly active clients, client money, and assets under administration remained stable compared to the first half of the fiscal year. According to its release, CMC Markets has secured an in-principle permission to expand its services and products to Singapore. The offerings are anticipated to become live in the following months.

The complete package for new & experienced traders

This charting package helped it win the 2019 Investment Trends survey and the best mobile trading app for 2021. Unlike most other brokers, the lack of transparency from CMC about their average spreads makes it impossible to calculate their exact brokerage costs for CFDs or spread betting. If you’re looking to calculate brokerage on the most popular CMC Markets alternatives, including Pepperstone and IG, you can use the calculator below. There are three trading accounts available with CMC depending on the location of the trader. Spread betting with CMC is only available in the UK and offers some tax benefits, while stockbroking services are only available in Australia.

There is also an FAQ section for the cmc forex broker divided into the web platform and mobile applications. With these tools, reliable customer support, and the intuitive nature of the platform, most traders will find it easy to use. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions.


It offers a broad variety of brokerage services geared towards sophisticated active traders, investors, professionals, and institutions. Smaller account holders may be disappointed by higher account minimums, a variety of fees, and fewer customer support options. Tiered accounts offer lower trading costs and added benefits as equity grows, but the majority of retail traders will have a tough time reaching the higher customer tiers. As one of the major U.K.-based forex brokers, LCG offers a wide range of asset classes and a seamless trading experience. The firm’s fees are competitive within the industry and it ranks high on our list for customer service. With these positive attributes along with its apparent focus on functional simplicity, LCG is well-suited to beginning traders.

One of the advantages of spread betting and trading CFDs is that you only need to deposit a percentage of the full value of your position to open a trade, known as trading on leverage. Remember, trading on leverage can also amplify losses, so it’s important to manage your risk. Forex margin rates are usually expressed as a percentage, with forex margin requirements typically starting at around 3.3% in the UK for major foreign exchange currency pairs.

One of the advantages of trading CFDs is that you only need to deposit a percentage of the full value of your position to open a trade, known as trading on leverage. When trading forex, you speculate on whether the price of one currency will rise or fall against another. For example, if you believe that the value of the New Zealand dollar will rise, relative to the value of the US dollar, you would go ahead and trade the NZD/USD pair.

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