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CMC broker Accounts

CMC Markets Account Types

CMC Markets offers a variety of account types to cater to different trading needs, including:

  • CFD Account:
    • Minimum Deposit: $0
    • Leverage: Up to 1:30 (depending on regulations)
    • Spreads: Starting from 0.7 pips
    • Commission: Starts from $10 on shares
    • Platforms: CMC Markets platform, MetaTrader 4
    • Available Markets: Over 12,000 financial instruments including forex, indices, commodities, and shares.
    • Spread Betting Account:
      • Minimum Deposit: $0
      • Leverage: Up to 1:30 for major forex pairs
      • Spreads: Starting from 0.3 pips
      • Commission: No commissions on trades
      • Tax Benefits: Tax-free profits for UK residents
      • Available Markets: Similar to CFD accounts.
      • Corporate Account:
        • Minimum Deposit: $0
        • Leverage: Varies by jurisdiction
        • Available Markets: Access to a wide range of markets similar to CFD accounts.
        • Special Features: Tailored for institutional clients and businesses.
        • Demo Account:
          • Minimum Deposit: N/A (virtual funds)
          • Features: Allows traders to practice with $10,000 in virtual funds without risk.
          • Duration: No expiry date for the demo account.

          CMC Markets Broker Account Opening Process

          To open an account with CMC Markets, follow these steps:

          • Visit the Website: Go to the CMC Markets website and click on the "Open Account" button.
          • Select Account Type: Choose between a CFD account, spread betting account, or demo account.
          • Provide Personal Information: Fill in your personal details, including email, phone number, and preferred password.
          • Verification Code: Check your email for a unique verification code and enter it to verify your email address.
          • Complete Application: Fill out additional information such as nationality, tax residency, employment status, and financial details.
          • KYC Verification: Upload identity documents (passport, utility bill, etc.) and possibly record a short video for verification.
          • Submit Application: Review and submit your application. You will receive a confirmation once your account is verified.
          • The entire process typically takes around 20 to 25 minutes, depending on the speed of document verification.

CMC accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
CMC Account