CMC Markets Account Type

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

• CFD Account:
• Designed for traders who seek leverage and flexibility.
• Access to over 12,000 instruments including forex, indices, commodities, and shares.
• No minimum deposit required.
• Competitive spreads starting from 0.3 pips.
• Commissions apply only to shares.
• Spread Betting Account:
• Available primarily for UK and Ireland traders.
• Allows speculation on price movements without owning the underlying assets.
• Competitive spreads starting from 0.7 pips.
• No commissions on profits.
• Corporate Account:
• Tailored for businesses engaging in trading activities.
• Offers access to a wide range of markets with similar features as the CFD account.
• No minimum deposit required.
• Alpha Account:
• A premium account offering enhanced services and features.
• Individual account manager and access to exclusive events and market analysis.
• Demo Account:
• A risk-free account for beginners to practice trading with virtual funds.
• Typically funded with £10,000 in virtual currency.

CMC Markets Broker Account Opening Process

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

• Visit the CMC Markets Website: Go to the official CMC Markets website and click on the "Open an Account" button.

• Select Account Type: Choose the type of account you wish to open (CFD, Spread Betting, Corporate, etc.).

• Fill in Personal Information: Complete the application form with your personal details including name, email, date of birth, and address.

• Verify Your Identity: You may be required to submit identification documents such as a passport or driver's license and proof of residency (e.g., utility bill).

• Account Verification: The verification process typically takes 1-2 business days. You will be notified once your account is verified.

• Fund Your Account: After verification, deposit funds into your account using available methods like bank transfer, credit/debit card, or PayPal.

• Start Trading: Once your account is funded, you can start trading on the CMC Markets platform.

For more detailed information, please visit: CMC Markets