CMC Capital broker Accounts

cmc capital Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: cmc capital Account Types Overview

cmc capital Account Types Explained

CMC Markets offers a variety of account types tailored to different trading needs. Below is an overview of the available account types:

1. Standard Account

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Spread-based pricing; no commission on global shares and FX pairs.
• Leverage Options: Up to 500:1.
• Key Features: Access to over 11,000 instruments, including forex, indices, commodities, and shares.
• Target User Profile: Suitable for beginners and intermediate traders.
• Trading Instruments Available: Forex, commodities, indices, shares, and cryptocurrencies.

1. FX Active Account

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Spreads from 0.0 pips for major forex pairs; fixed commission of $2.50 per $100,000 traded.
• Leverage Options: Up to 500:1.
• Key Features: Designed for high-volume traders with tighter spreads and commission-based trading.
• Target User Profile: Advanced traders and those trading in high volumes.
• Trading Instruments Available: Primarily forex, but also includes indices and commodities.

1. Spread Betting Account (available in the UK and Ireland)

• Minimum Deposit Requirement: None
• Spread/Commission Structure: Spread-based pricing; no capital gains tax on profits.
• Leverage Options: Up to 500:1.
• Key Features: Tax-free profits for individuals; allows for speculation on price movements.
• Target User Profile: Retail traders looking for tax-efficient trading options.
• Trading Instruments Available: Forex, indices, commodities, and shares.

1. Demo Account

• Minimum Deposit Requirement: None (virtual funds).
• Spread/Commission Structure: Similar to the Standard account.
• Leverage Options: Up to 500:1.
• Key Features: Unlimited duration for practice trading; no risk involved.
• Target User Profile: Beginners and those wanting to test strategies.
• Trading Instruments Available: Same as Standard account.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account or Demo Account
• Intermediate Traders: Standard Account or FX Active Account
• Advanced Traders: FX Active Account

Part 2: cmc capital Account Features Comparison

Detailed cmc capital Account Features

When comparing the features of CMC Markets account types, consider the following aspects:

• Minimum Deposit: All accounts have no minimum deposit requirement.
• Maximum Leverage: Up to 500:1 across all account types.
• Spreads:
• Standard Account: Variable spreads.
• FX Active Account: Spreads from 0.0 pips on major pairs.
• Commission Fees:
• Standard Account: No commission.
• FX Active Account: Fixed commission of $2.50 per $100,000.
• Lot Size: Standard lot sizes available; micro and mini lots may vary by account type.
• Available Trading Platforms:
• Standard Account: CMC Next Generation platform and MetaTrader 4 (MT4).
• FX Active Account: CMC Next Generation platform and MT4.
• Execution Type: Market execution for Standard and FX Active accounts.
• Islamic Account Availability: Not available for Standard and FX Active accounts.
• Swap-Free Options: Not available.
• Demo Account Features: Unlimited duration with virtual funds.

Advantages of Each Account Type

• Standard Account:

• No minimum deposit.

• Access to a wide range of instruments.

• Suitable for beginners.

• FX Active Account:

• Tight spreads for high-volume trading.

• Commission structure benefits active traders.

• Advanced trading tools available.

• Spread Betting Account:

• Tax-free profits in the UK and Ireland.

• Flexible trading options.

• Demo Account:

• Risk-free environment for practice.

• Unlimited access to trading features.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to FX Active Account.

• FX Active Account:

• Fixed commissions may deter casual traders.

• Spread Betting Account:

• Limited to UK and Ireland residents.

• Demo Account:

• Virtual funds do not reflect real market conditions.

Part 3: cmc capital Account Opening Requirements

cmc capital Account Registration Requirements

To open an account with CMC Markets, you must meet the following eligibility criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: CMC Markets does not accept clients from the United States.
• Prohibited Countries: Clients from certain jurisdictions may be restricted; check CMC Markets' website for the latest information.
• Identity Verification Documents Needed:
• Government-issued photo ID (passport or driver's license).
• Proof of address (utility bill or bank statement).
• Proof of Residence Requirements: Must provide documentation showing your current address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

CMC Markets adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and address before account activation.

Verification Time Frames

Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: cmc capital Account Opening Process

Step-by-Step cmc capital Account Opening Guide

1. Visit Website and Click Registration: Go to the CMC Markets website and select the "Open Account" option.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type that best suits your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and risk appetite.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for CMC Markets to verify your documents.
7. Fund Your Account: Once verified, deposit funds into your trading account.
8. Start Trading: Access the trading platform and begin trading.

Desktop vs Mobile Registration Differences

The registration process is similar on both desktop and mobile platforms, with mobile providing a more streamlined experience.

Common Registration Issues and Solutions

• Document Rejection: Ensure documents are clear and legible.
• Delayed Verification: Contact customer support for assistance.

Average Account Approval Time

Typically, account approval takes 1-3 business days, depending on document submission.

How to Upgrade/Downgrade Account Types

Account types can be modified by contacting CMC Markets customer support.

Part 5: cmc capital Demo Account Information

cmc capital Demo Account Guide

• Demo Account Features and Benefits: Allows traders to practice without financial risk, using virtual funds.
• How to Open a Demo Account: Select the demo account option during the registration process.
• Demo Account Limitations: Limited to virtual funds; may not reflect real market conditions.
• Virtual Balance Amount: Typically starts with a virtual balance (e.g., $10,000).
• Demo vs Live Account Differences: Demo accounts do not incur real losses or gains.
• Duration/Expiry of Demo Accounts: No time limit; remains active until the user decides to close it.

Part 6: cmc capital Islamic Account (if available)

cmc capital Islamic Account Details

• Swap-Free/Islamic Account Availability: CMC Markets does not currently offer Islamic accounts.
• Eligibility Requirements: N/A due to the unavailability of Islamic accounts.
• Differences from Standard Accounts: N/A.
• How to Apply for Islamic Account: N/A.
• Restrictions or Special Conditions: N/A.

FAQs – cmc capital Account Types & Opening

1. What account types does cmc capital offer？

• CMC Markets offers Standard, FX Active, Spread Betting, and Demo accounts.

1. What is the minimum deposit for each account type？

• There is no minimum deposit required for any account type.

1. How long does cmc capital account verification take？

• Verification typically takes 1-3 business days.

1. Does cmc capital offer demo accounts？

• Yes, a demo account is available for practice trading.

1. Can I have multiple account types with cmc capital？

• Yes, you can open multiple account types.

1. Does cmc capital offer Islamic/swap-free accounts？

• No, CMC Markets does not currently offer Islamic accounts.

1. What documents do I need to open a cmc capital account？

• A government-issued photo ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can modify your account type by contacting customer support.