A cmc markets review-CMC Markets is a respected and well-regulated leading market-moving broker operating globally from their headquarters in London. Their spreads and leverage are better than most other market-moving brokers and their patented Next Generation trading platform is well crafted and recommended for both experienced and novice traders.
The wide selection of assets and responsive customer support is complemented by an excellent education section and in-depth, insightful market analysis.
If you are a new trader and want a reputable and respected broker with an intuitive platform and a reliable educational section, CMC Markets is the right choice for you.
Advantages
• Well regulated
• Small spreads
• Good for beginners
• Adequate education
• Adequate market analysis
Deficiency
• No swap-free account options
About CMC Markets Review
CMC Markets is widely recognized as a pioneer in CFD trading. The company was founded in London in 1989 and launched the world’s first online Forex trading platform in 1996. The company then opened an office in Sydney in 2002 and CMC Markets Asia Pacific has received an ASIC license (AFSL: 238054) since 2004. CMC Markets UK Plc is regulated by the FCA (number 173730). The holding company (CMC Markets plc) has been listed on the London Stock Exchange since 2016, adding a further level of regulatory oversight.
CMC Markets meets and exceeds ASIC and FCA requirements for segregated client bank accounts; all client funds are distributed across major banks which are regularly assessed against CMC Markets risk criteria.
In the last two years, CMC Markets has won more than 50 awards, highlighting the quality of service and innovative technology they offer. In 2018, CMC Markets won awards for Overall Client Satisfaction, Best Platform Features, Best Customer Service, Best Educational Materials/Programs, and Best Value for Money (all from Australian Investment Trends).
CMC Markets Review for Beginners
As you would expect from an industry giant like CMC Markets, this broker offers a good setup and organization of their education section, which is certainly advantageous for novice traders. Their education section is comprehensive with regularly updated and insightful market analyses.
Educational Materials
All educational materials that CMC Markets offers are free for all website visitors.
Since CMC Markets is a multi-asset broker, a lot of educational material is grouped under the umbrella term Trading CFDs- especially their Video Trading Guide feature.
The broker also offers a separate Forex section, entitled Learn Forex Trading. Here you will find:
Forex Trading Explained/Forex Trading Explained: A collection of articles for beginners covering the basic concepts and terminology of Forex trading.
Forex Trading Strategies/Forex Trading Strategies: A collection of articles covering the basics of technical and fundamental trading.
Smart Trading eBooks/Smart Trading eBooks: A collection of ebooks covering subjects such as economic data, day trading, trend identification, risk management, pattern recognition, and trend lines.
Trading Guide Videos: A collection of videos covering strategies and concepts in CFD trading. Although the videos provided don’t just cover Forex, all the subjects covered are applicable.
Apart from that, there is also a dedicated platform and software instruction section – essential features for novice traders who want to jump right into the world of Forex trading.
CMC also offers regular webinars in collaboration with Trade With Precision, a third-party training company. These webinars cover topics such as: How to use technical analysis, Finding Opportunities, and Potential trade entry and exit points. As well as an upcoming Webinar series entitled Ultimate Trading Bootcamp that looks promising especially for novice traders. All webinars can be accessed free of charge after registration.
The only drawbacks of the education section at CMC are poor organization. This makes it difficult for users to find the specific topics they need – especially in the videos section. And much of the Forex material in their education section is grouped with the general CFD material.
the Forex market No Deposit Bonus For Beginners
In the world of forex trading investment, often or even generally there is a sentence that if you want to get money from forex trading, then you have to spend money first to be used as trading capital. Then by trading using that capital, you just get a profit or profit. However, did you know that forex trading can be done without spending a penny of capital? How to? Check out the following explanation!
To note, in the world of forex trading, there is one term that is both very interesting and tempting, namely the offer of a no deposit bonus withdrawable. This term means a free bonus for forex traders to start trading without spending a penny.
While in its literal definition. A no-deposit forex bonus is a free bonus that can be traded on a real forex account (not a demo and trial). Given by a forex broker to novice traders. So that the trader does not need to make a deposit first. The primary motive of this bonus is to inspire everyday human beings now no longer to hesitate to begin buying and selling forex.
The amount of funds provided by forex brokers for this program varies greatly. Even so, not all brokers provide No-Deposit Bonuses. Even at brokers who offer it, the bonus will only be given to traders who meet certain requirements. Withdrawal of trading profits can also only be done based on certain criteria.
For those of you who want to use the forex no deposit bonus to start trading without capital. You need to understand that there are some important rules in this program. That can limit your trading conditions as well as your withdrawal of funds. However, it should be noted that the policies of each broker are different. From each other, but the most common are the terms on withdrawals.
