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Company History

CMC Markets was originally called Deal4Free when they launched in 1989.  The company has changed hands a few times (including to Goldman Sachs) and is now headed up again by Cruddas.  CMC have a reputation for tight spreads and a professional looking trading platform.  They service clients from all over the world and have  network of local offices.

Key Features

  • Professional trading platform
  • Client sentiment indicators (filtered to the most profitable clients)
  • Generous rebate scheme for larger traders

Welcome Bonus

  • None available

Rebate Scheme

  • Yes – you need to trade more than 80m in notional value to qualify

Range of Markets

  • Excellent – as one of the oldest spread betting brokers they have a wide range that continues to grow as they expand.

Spread Width

  • GBPUSD 0.9
  • EURUSD 0.7
  • FTSE 1
  • DOW 1.4

Plus Points

  • Tight spreads
  • Advanced platform features
  • Big balance sheet
  • Established and well respected player
  • Negative Points
  • No welcome bonus

Trading Platforms

Desktop, mobile and tablet versions available. CMC has a bespoke platform for their clients and are regarded as being at the forefront of IT development for trading tools.

Verdict

CMC are an excellent broker.  Ideally for experienced traders jobbing about in FX, indices and the major shares.  Well worth keeping an account for their sentiment tools as a back up broker.

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