CMCmarkets.com Reviews and Ratings
2.00
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Spread: Platform: Support: Sign Up Process: Funding and Withdrawal: Stop and Target Execution: |
According to CMCmarkets.com Website:
CMCmarkets.com, a Forex trading firm with offices in many as 85 countries was amongst the pioneer Forex trading firms who were trading as well as helping investors to trade over the internet.
CMC Markets offers around 5,000 individual trading instruments, in ore than 35 markets, ranging from equities, indices, treasuries, commodities, spread betting and foreign exchange. They use as well as offer MarketMaker trading platform to clients, who could be individual investors or firms and institutions.
CMCmarkets.com offers tight dealing spreads, 24 hour trading, access to global markets. They also allow small minimum trading sizes to suit individual clients. Plus they also let investors trade both long and short.
CMCmarkets.com also offers services where investors or traders can partner with them, introduce brokers, Introduce Appointed Representative and affiliation and earn from it. To be an Introducing Broker an individual must be regulated appropriately in his/her country of business. If you as an individual are unregulated but wish to introduce business to CMCmarkets.com, you may be able to do so by introducing appointed representative of CMC Markets and earn in return.
Post a Review on CMCmarkets.com:
2 Reviews:
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Platform:
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Sign Up Process:
Funding and Withdrawal:
Stop and Target Execution:
I have been with CMC Uk for a year as a new trader and after I have changed a broker. Absolutely agree with previous writer.
Peter on October 4th, 2009 - 10:11 pm :
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CMC Markets spread was good. My problem was their platform. It was the worst and the most disgusting platform that a broker can offer. It took me a long time to raise a $10k account to $14k, but I lost $8k in one position while I was not even aware, only because of their disgusting platform. The main problem with their platform is that you can not see your orders very easily. You can not close your positions easily by clicking on the open position you have. You have to write down your position lot size and when you want to close a long position you have to do it with selling exactly the same lot size. There is no close button like what we have on MT4. The bigger problem is that when you set stop loss or limit orders for a position, you have to close them manully if you close your position. Or if your position hits one of the stop loss or limit orders, the other one remains active while you are not aware and you don’t see it. It will be triggered them and takes a new position which has no stop loss and while you are not aware and I lost $8000 because of this big problem. Obviously, those who have designed this platform knew nothing about trading.
The other problem with their platform is that their charts become frozen from time to time and you have to close and restart the whole platform. Additionally, their platform (which is called market maker), takes a lot of resources of your computer and makes it SO slow, specially if you open several charts.
They are also so bad in offering demo accounts. It is the worst company regarding the demo account offering. They offer a $10k demo for two weeks only. After that, if you want to renew your demo account or open another one, they force you to open a live account with minimum $2000 and then you can have another demo account.
Their support is also terrible. I emailed them several times about their platform problem which was used to become frozen, and each time they replied after several days by copying and pasting the same answer they have.
In general, I say NO NO NO to this broker. While there are a lot of other good brokers, one should be stupid to work with this disgusting company.
Andrejs on May 30th, 2010 - 3:50 pm :