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Score
United Kingdom
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index6.63
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Note: CMC Capitals official site – www.cmc-capital.limited/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
CMC Capital Review Summary in 10 Points | |
Founded | 2-5 years |
Registered Country/Region | United Kingdom |
Regulation | Not regulated |
Market Instruments & services | Stocks, Currencies, Metals, Options, Futures, Securities, Cryptocurrencies, Investment management |
Demo Account | Not disclosed |
Leverage | 1:400 |
EUR/USD Spread | floating from 0.8 pips (Advanced account) |
Trading Platforms | Not disclosed |
Minimum Deposit | $10000 |
Customer Support | Email, Phone, Address, Social media |
CMC Capital is a global brokerage firm based in the United Kingdom. It offers market instruments and services including Stocks, Currencies, Metals, Options, Futures, Securities, Cryptocurrencies, Investment management to traders. However, it is important to note CMC Capital is currently not regulated by any recognized financial authorities which raises concerns when trading.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Pros | Cons |
• Wide range of trading instruments across multiple asset classes | • Not regulated |
• Multiple customer support channels | • Lack of transparency |
• Multiple account types | • Website unfunctional |
• No MT4/5 trading platforms | |
• Extremely high minimum deposit |
There are many alternative brokers to CMC Capital depending on the specific needs and preferences of the trader. Some popular options include:
Admiral Markets - Admiral Markets offers a user-friendly platform and a diverse range of instruments, making it a solid option for traders of all experience levels.
City Index- City Index is a reputable broker offering a wide range of financial instruments and platforms, making it a suitable choice for both beginners and experienced traders.
FXCM- With its extensive educational resources and a wide selection of trading platforms, FXCM is a recommended broker for traders seeking a comprehensive learning experience.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
When considering the safety of a brokerage like CMC Capital or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a brokerage:
Regulatory sight: It is not regulated by any major financial authorities,which means that there is no guarantee that it is a safe platform to trade with.
User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.
Security measures: So far we cannot find any security measures info on Internet for this broker.
Ultimately, the decision of whether or not to trade with CMC Capital is a personal one. You should weigh the risks and benefits carefully before making a decision.
CMC Capital presents traders with a comprehensive range of market instruments and services, catering to diverse investment preferences and strategies. The broker's offerings encompass various asset classes, including:
Stocks: Enabling traders to invest in shares of publicly traded companies, allowing them to participate in the equity market's potential returns.
Currencies: Providing access to the forex market, allowing traders to trade and speculate on currency pairs and take advantage of fluctuations in exchange rates.
Metals: Offering opportunities to invest in precious metals like gold and silver, serving as a potential hedge against inflation and economic uncertainties.
Options: Facilitating trading of options contracts, providing traders with the flexibility to hedge positions or speculate on price movements.
Futures: Allowing traders to engage in futures contracts on various underlying assets, such as commodities or stock indices, to manage risk and capitalize on price movements.
Securities: Offering access to a wide range of financial instruments, including bonds and other tradable securities, to diversify investment portfolios.
Cryptocurrencies: Providing exposure to the dynamic world of digital assets, enabling traders to participate in the crypto market's potential growth and volatility.
Investment Management: Offering portfolio management services for clients seeking professional guidance and strategic allocation of their investments.
CMC Capital's account options, including the DELUXE Account with a minimum deposit of 100,000 USD, the PREMIUM Account with 50,000 USD, the BASIC Account with 10,000 USD, and the ADVANCED Account with 25,000 USD, feature quite high minimum deposit requirements compared to other brokers. These higher thresholds may pose a barrier for some traders, particularly those who are just starting or have more limited capital for investment. As with any account selection, traders should carefully assess their financial capabilities and trading objectives to choose an account type that aligns with their risk tolerance and trading preferences.
CMC Capital provides leverage of up to 1:400 to its traders. Leverage can amplify both potential profits and losses in trading. While higher leverage allows traders to control larger positions with a smaller amount of capital, it also increases the level of risk involved. Traders should exercise caution and carefully manage their risk exposure when utilizing high leverage. It is important to fully understand how leverage works and its potential impact on trading positions before engaging in any trading activities. Traders should consider their risk tolerance and financial situation before deciding on an appropriate leverage level for their trading activities.
Though CMC Capital offers different account types with varying spreads, but specific details on spreads for all account types and commissions are not publicly disclosed. The ADVANCED Account features a floating spread of 0.8 pips, indicating potentially tighter and more favorable pricing for traders seeking reduced trading costs. In contrast, the BASIC Account offers a spread starting from 1.3 pips, making it suitable for traders who prioritize flexibility and are comfortable with slightly higher spreads. However, to obtain precise information on spreads and commissions for all account types, interested traders are encouraged to contact the broker directly. Consulting the broker ensures that traders receive up-to-date and confirmed details regarding trading costs, enabling them to make well-informed decisions aligned with their specific trading requirements and preferences.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread (pips) | Commissions (per lot) |
CMC Capital | From 0.8 pips (Advanced account) | Not disclosed |
Admiral Markets | From 0.0 pips | Variable (depending on products) |
City Index | From 0.5 | Variable (depending on account) |
FXCM | From 1.3 pips | Variable (depending on account) |
Please keep in mind that spread values can vary depending on market conditions, account type, and other factors. Commission structures may also differ based on the broker's pricing model and the type of account being used. It's important to review the official websites or contact the brokers directly for the most accurate and up-to-date information on spreads and commissions.
Big $ Capital provides multiple customer service options to assist its clients. Customers can reach out to Enlighten through various channels to address their queries and concerns as below:
Email: info@cmccapital.net; info@cmccapital.limited.
Phone: +44 208 089 4762; +7 977 000 31 97; +39 06 659 701; +44 203 639 5270; +34 918 29 88 30; +49 1525 8131141
Address: 48 Dover Street, London, England, W1S 4FF.
Besides of above, CMC Capital also maintains official social media accounts such as Twitter and Linkedin.
According to available information, CMC Capital is a non-regulated UK -based brokerage firm. While the firm might offer Stocks, Currencies, Metals, Options, Futures, Securities, Cryptocurrencies, Investment management as market instruments and services to its clients, it is important to consider certain factors such as lack of regulations that raises concerns. The lack of transparency also increases confusions and reliability issues. It is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from CMC Capital before making any investment decisions.
Q 1: | Is CMC Capital regulated? |
A 1: | No. It has been verified that this broker currently has no valid regulation. |
Q 2: | Is CMC Capital a good broker for beginners? |
A 2: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of the lack of transparency. |
Q 3: | What is the minimum deposit for CMC Capital? |
A 3: | The minimum initial deposit to open an account is $10000. |
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