CMC Markets Rated 3/5

CMC Markets Guide - Read our In Depth 2023 CMC Markets Review

This CMC Markets review was written by industry experts with over 20 years of financial experience in Forex, CFDs, Spread Betting, Binary Options.
*This content does not apply to US users.

Benefits of Trading with CMC Markets

CMC Markets Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 200
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 CMC Markets users and traders
๐Ÿ“† Founded 1989
๐ŸŒ HQ UK
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Financial Conduct Authority (FCA)
๐Ÿšซ Excluded Countries CMC Markets is not available in the following countries : US

Open CMC Markets's Website

Losses can exceed deposits


learn more Learn more about IC Markets.
Losses can exceed deposits

What is CMC Markets?

CMC Markets are a worldwide financial trading platform and broker. founded in 1989

Over 34 years later CMC Markets now serves over 10,000 retail investors Forex trading, CFDs trading, Spread Betting trading, and Binary Options trading.

CMC Markets are a global broker. CMC Markets have a head office in UK.

CMC Markets have a listed stock symbol. This means that CMC Markets have publically listed and you can officially buy/sell shares in CMC Markets on one of the worlds global stock market exchanges.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this CMC Markets review and assess how well the CMC Markets platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like CMC Markets. Choosing or shortlisting a trading platform like CMC Markets can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like CMC Markets.

As a result, selecting the right trading platform like CMC Markets requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like CMC Markets available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like CMC Markets requires thorough due diligence and careful consideration. Some CMC Markets trading features can be complex when trading on mobile or using the CMC Markets online trading platform. Beginners and inexperienced traders must take the time to learn how to use the CMC Markets trading tools properly. In our review of CMC Markets we explain the pros and cons. What CMC Markets offer, countries CMC Markets are available in. Who CMC Markets are regulated by and more.

CMC Markets Review Screenshot

When it comes to online trading with brokers like CMC Markets, carefully review CMC Markets as your broker can make or break your success. Choosing the right broker is essential to ensure your CMC Markets investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your CMC Markets review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of CMC Markets. You must also ensure the CMC Markets broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, CMC Markets needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with CMC Markets into easily digestible information in this CMC Markets review. We want to ensure you have all the knowledge necessary to use the CMC Markets trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with CMC Markets are the key to successful trading, so we've provided this detailed CMC Markets review. So, take a seat, grab a cup of coffee, and dive in to learn about CMC Markets and how it can benefit you or if CMC Markets is not for you.

Online investing with CMC Markets can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with CMC Markets, evaluating the CMC Markets platform is important. Evaluation includes researching the CMC Markets management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with CMC Markets. That's why it's essential to understand the CMC Markets company policies and practices before making any investment decisions. By doing your due diligence and understanding CMC Markets platform, you can make informed investment choices that align with your financial goals. So take the time to research CMC Markets thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this CMC Markets review you need to determine if CMC Markets is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to CMC Markets, so you can make a more informed decision and compare other brokers against CMC Markets.

If you want to look at some CMC Markets alternatives that might better fit your needs, we list and compare some of the best CMC Markets alternatives further down this CMC Markets review.

Don't be fooled by the misconception that online trading is easy with CMC Markets. It can be challenging and requires significant research and understanding of the CMC Markets trading tools and features. You must know what you are doing when trading with CMC Markets. That's why we've compiled this detailed CMC Markets review with some important information that will hopefully make you more informed when online trading with CMC Markets.

CMC Markets Review Table of Contents

CMC Markets review
CMC Markets is a Multi-Assets Trading Platform with over 9300+ Assets

Learn more about CMC Markets. CMC Markets is a multi asset platform with 9300+ tradable Assets. Assets available on CMC Markets include Forex, CFDs, Spread Betting, Binary Options.

CMC Markets trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Spread Betting, Binary Options are considered financial assets.

Features of CMC Markets

CMC Markets review
What you should know

CMC Markets offer four ways to trade: Forex, CFDs, Spread Betting, Binary Options. The assets and products available to you on the CMC Markets trading platform depends on the region of the world, you are in and the CMC Markets entity you have an account.

With CMC Markets you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with CMC Markets platform.

CMC Markets are able to accommodate various levels of traders whether you are experienced or a beginner.

Are CMC Markets safe?

When considering CMC Markets for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as CMC Markets, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 1989, and in operation for 34 years CMC Markets have a head office in UK.

CMC Markets is regulated. This means CMC Markets are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

CMC Markets withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like CMC Markets are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. CMC Markets are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of CMC Markets and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. CMC Markets has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, CMC Markets will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like CMC Markets, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If CMC Markets violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with CMC Markets?

All payments made to CMC Markets by traders are securely held in a segregated bank account.

CMC Markets uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should CMC Markets use them?

CMC Markets partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their CMC Markets clients' funds.

CMC Markets clients can have greater confidence in their financial security when working with a Tier 1 bank because CMC Markets are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in CMC Markets deposited in a Tier 1 bank?

Depositing funds with CMC Markets ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if CMC Markets were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that CMC Markets is a secure and safe platform.

Please be aware that trading in financial assets with CMC Markets carries a risk of loss. CMC Markets trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Spread Betting, Binary Options due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

CMC Markets emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about CMC Markets, let's closely examine its features.

To better understand the CMC Markets trading platform, you can create two separate accounts - one with real money and the other a CMC Markets demo account. A CMC Markets demo account provides a risk-free environment for experimenting with the CMC Markets platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in CMC Markets trading decisions.

Open a demo account Visit CMC Markets

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How CMC Markets as a Company Compare Against Other Brokers

Broker CMC Markets IC Markets Roboforex eToro
Year Established 1989 2007 2009 2007
Head Office UK Australia Cyprus Cyprus, UK
Regulation Financial Conduct Authority (FCA) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
Used By 10,000+ CMC Markets users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection No Yes No Yes
Guaranteed Stop Loss Yes No No No
Learn More Visit CMC Markets Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider.

CMC Markets review
CMC Markets Pros and Cons

What we like about CMC Markets

  • Used by over 10,000 CMC Markets users and traders
  • Established in 1989
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $200

What we don't like about CMC Markets

CMC Markets review
CMC Markets Regulation and Licensing in more detail

CMC Markets is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of CMC Markets going into insolvency. CMC Markets compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like CMC Markets to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for CMC Markets traders.

CMC Markets is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like CMC Markets you should be sure they're legitimate online agent.

Is CMC Markets Global?

Yes, CMC Markets is global as CMC Markets is available in over 194 countries.

CMC Markets is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries CMC Markets covers include the UK, Germany, South Africa, Thailand, China and Australia. CMC Markets has a total of more than 10,000 users.

CMC Markets review
CMC Markets Awards

CMC Markets have won numerious industry awards over the 34 years they have been operating as a financial broker. We have listed the most notable awards and mentions for CMC Markets below.

  • Investment Trends Highest Overall Customer Satisfaction 2019
  • Investment Trends Best Mobile/Tablet App 2019
  • Investment Trends Best Email Customer Service 2019
  • Investment Trends Best Telephone Customer Service 2019
  • Investment Trends Best Platform Features 2019
  • Investment Trends Best Education Materials/Programmes 2019
  • Canstar Awards Broker of the Year โ€“ Online Share Trading 2019
  • Canstar Awards Outstanding Value Online Share Trading 2019
  • Invest Cuffs Award Foreign Forex Broker of the Year 2019
  • Invest Cuffs Award Foreign Forex CFD Broker of the Year 2019

CMC Markets review
CMC Markets Fees Explained

  • CMC Markets withdrawal fees varies on payment method
  • CMC Markets does charge a fee for inactive accounts.
  • CMC Markets does charge deposit fees.

Modern brokers like CMC Markets provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, CMC Markets may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall CMC Markets trading profitability.

How CMC Markets Fees Compare Against Other Brokers

Broker CMC Markets IC Markets Roboforex eToro
Min Deposit 200 200 1 50
Withdrawal Fees Varies No Yes Yes
Inactivity Fees Yes No No Yes
Deposit Fees Varies Varies No No
CFD Commission Fees Yes, 0.10% Yes No Yes

CMC Markets Minimum Deposit

CMC Markets requires a minimum deposit of 200 GBP/USD/EUR when opening an CMC Markets trading account.

A minimum deposit is the minimum amount of money required by CMC Markets to open a new online brokerage account with them.

Don't be scared off by brokers like CMC Markets charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like CMC Markets, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

CMC Markets Withdrawal Fees

The fees for withdrawing funds from your CMC Markets account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your CMC Markets withdrawal request is important.

CMC Markets Withdrawal rules may vary across different brokers when it comes to transferring funds from your CMC Markets or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with CMC Markets may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the CMC Markets withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from CMC Markets. Researching and comparing CMC Markets withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing CMC Markets funds frequently or dealing with large sums of money. Awareness of these CMC Markets fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your CMC Markets funds.

For example, CMC Markets allows you to withdraw your funds to Credit cards, Bank Transfer, Debit cards, Payoneer.

CMC Markets Inactivity Fees

CMC Markets does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by CMC Markets terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all CMC Markets fees and services. It's recommended that you check the CMC Markets website before signing up. If you decide to close your CMC Markets account, it's important to do so with the CMC Markets broker customer support and obtain confirmation that no remaining CMC Markets fees are due.

Brokers like CMC Markets must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

CMC Markets Deposit Fees

CMC Markets do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

CMC Markets Commission Fees

CMC Markets does charge commission on CFD instruments.

Brokerage firms like CMC Markets may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the CMC Markets trading account level held by the trader.

CMC Markets may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing CMC Markets terms and conditions to understand the commission fees and any other charges that may apply is essential.

CMC Markets review
What can you trade with CMC Markets?

It's essential to note that the trading instruments offered under the CMC Markets brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the CMC Markets trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with CMC Markets over 9300 instruments in fact.

If you want to trade currency pairs on global Forex markets, CMC Markets offer over 35 currency pairs.

Compare CMC Markets with IC Markets and Roboforex below.

Losses can exceed deposits

How CMC Markets Trading Options Compare Against Other Brokers

Broker CMC Markets IC Markets Roboforex eToro
Instruments Available 9300 2250 100 5000
Platforms Web Trader, Binary, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 35 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural Yes Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 9000 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit CMC Markets
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
79% of retail investor accounts lose money when trading CFDs with this provider.

CMC Markets review
Trading on CMC Markets web platforms and other applications

CMC Markets offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

CMC Markets also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See CMC Markets's platforms

Is the CMC Markets Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the CMC Markets trading platform to protect you on PC and mobile CMC Markets platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using CMC Markets web trading platforms.

CMC Markets Trading Platform Options

After logging into your CMC Markets account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that CMC Markets does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

CMC Markets does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options CMC Markets gives you.

CMC Markets review
CMC Markets MetaTrader 4 (MT4)

CMC Markets MetaTrader 4

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on CMC Markets offers traders comprehensive features and tools to enhance their trading performance. The CMC Markets MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the CMC Markets platform to their needs. One of the standout features of MT4 is its charting functionality, which allows CMC Markets traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give CMC Markets traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 CMC Markets trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the CMC Markets MetaTrader 4 (MT4) trading platform. MT4 is a platform available with CMC Markets, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The CMC Markets MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. CMC Markets allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with CMC Markets in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. CMC Markets MetaTrader 4 is compatible with the latest macOS. CMC Markets allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on CMC Markets

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade CMC Markets MetaTrader 4 on iOS Devices

You can download the CMC Markets app or trade with CMC Markets through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. CMC Markets customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade CMC Markets MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and CMC Markets offers its clients access to the MetaTrader 4 platform on these devices. With the CMC Markets MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing CMC Markets traders to stay on top of their trades and react quickly to changes in the market. With the CMC Markets MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade CMC Markets MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on CMC Markets are a powerful bundle of three major indicators designed to help traders make informed decisions. CMC Markets MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help CMC Markets traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing CMC Markets traders to potentially stay one step ahead.

CMC Markets MetaTrader 4 Advanced Trading Tools

The CMC Markets MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give CMC Markets traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, CMC Markets provides traders with everything they need to succeed. The CMC Markets MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing CMC Markets traders to analyze the market at any level of complexity.

Trade CMC Markets MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

CMC Markets MetaTrader 4 AutoChartist

Autochartist on the CMC Markets platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for CMC Markets MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, CMC Markets traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save CMC Markets users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. CMC Markets traders can navigate the platform and find the information they need to make informed trading decisions.

CMC Markets Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for CMC Markets traders of all experience levels.

CMC Markets Trading benefits

  • CMC Markets Allows scalping
  • CMC Markets Allows hedging
  • CMC Markets Low min deposit
  • CMC Markets Guaranteed stop loss

CMC Markets Trading Accounts Offered

Below we give an overview of the account types that CMC Markets offer. Whatever you are looking to trade, the varying CMC Markets account types will be able to provide you with what you need.

  • CMC Markets Demo account
  • CMC Markets Mini account
  • CMC Markets Standard account
  • CMC Markets Managed account

Can I try CMC Markets?

CMC Markets provides a demo account that enables individuals to explore trading before investing their funds. By creating a CMC Markets practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the CMC Markets demo account can help individuals to make informed decisions before investing their money.

Open a demo CMC Markets account to practice and trade.

Losses can exceed deposits

CMC Markets withdrawal and funding methods

It's essential to remember that the payment methods provided by CMC Markets vary based on the CMC Markets entity and the CMC Markets client's country of residence. To view the CMC Markets payment options available, you can log into your CMC Markets member's area.

CMC Markets offers various funding payment methods listed in your CMC Markets dashboard if available in your region. To learn more about the CMC Markets funding and withdrawal options available in your area, you can explore the CMC Markets website.

CMC Markets provides several payment methods for funding your CMC Markets account. You may utilize any of these deposit options if they are available in your region. CMC Markets ensures that users have multiple payment methods to choose from, making it more convenient for verified CMC Markets account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the CMC Markets user's location. learn more about CMC Markets funding and withdrawal methods.

CMC Markets Payment Methods

Some CMC Markets payment methods are local and are available only to specific regions. CMC Markets account holders should check which payment methods are provided in your region.
  • CMC Markets accepts Credit cards
  • CMC Markets accepts Bank Transfer
  • CMC Markets accepts Debit cards
  • CMC Markets accepts Payoneer
Broker CMC Markets IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill No Yes Yes Yes
Payoneer Yes No Yes No
Neteller No Yes Yes Yes

*please note available CMC Markets and other broker payment methods depend on the clients country of residence.

How can I start trading with CMC Markets?

To open a trading account with CMC Markets, individuals can sign up on the CMC Markets website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for CMC Markets account validation and making a deposit. Once completed, CMC Markets users can download the trading platform of their choice.

It's important to note that CMC Markets requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps CMC Markets maintain a trustworthy financial environment for its 10,000 users. Detailed information on the CMC Markets trading platforms is available on their website.

Losses can exceed deposits

Performing trades with CMC Markets

The trading platform, CMC Markets, provides users various options regarding the minimum and maximum trade requirements. These requirements are determined based on the specific instrument being traded and the preferences of the individual trader. This flexibility allows traders to tailor their trading experience to their unique needs and investment goals.

CMC Markets, as a market maker, may have more lenient entry requirements than ECN brokers, who typically benefit from higher trading volumes and may have larger capital and minimum trade requirements. Market makers usually offer a lower minimum deposit and smaller minimum trade requirements and do not charge commissions on trades. Market makers like CMC Markets can be useful for traders starting or with limited capital.

Like other brokers, CMC Markets margin requirements can differ depending on the traded instrument.

CFD Trading on CMC Markets

We will show you an example of the basics of using CMC Markets leverage.

CFD trading on CMC Markets allows traders to speculate on the price movements of various financial instruments against the broker CMC Markets, without actually owning real assets. With CFDs, CMC Markets traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

CMC Markets provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, CMC Markets leverage profits and losses are magnified when trading. For instance, using CFDs, you use the CMC Markets trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, CMC Markets leverage magnifies both profits and losses in trading.

Trading CFD trades on the CMC Markets platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced CMC Markets traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limit Risk When Trading with CMC Markets Stop Loss, CMC Markets Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as CMC Markets . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for CMC Markets traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an CMC Markets trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide CMC Markets traders with an effective way to manage risk and protect their investments in volatile markets.

Education Resources at CMC Markets

To trade effectively with CMC Markets, it's important to have a good understanding of the CMC Markets trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with CMC Markets and externally.

CMC Markets . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with CMC Markets. Familiarizing yourself with the CMC Markets trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using CMC Markets. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with CMC Markets involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like CMC Markets, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with CMC Markets. Explore the CMC Markets platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with CMC Markets, before live trading.

Customer Support at CMC Markets

As part of our CMC Markets review, we review customer service options, response times and problem resolution effectiveness on the CMC Markets trading platform. The CMC Markets trading platform supports multiple languages, which includes English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian.

CMC Markets have a double AA grade support rating because CMC Markets offer live chat and email support in multiple languages.

Livechat Support at CMC Markets

CMC Markets does not offer LiveChat Support.

Email Support at CMC Markets

Our experience with CMC Markets email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.

Phone Support at CMC Markets

Our experience with CMC Markets phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with CMC Markets.

See how CMC Markets Support Compares Against Other Brokers

Broker CMC Markets IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit CMC Markets Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with CMC Markets

As CMC Markets is regulated by Financial Conduct Authority (FCA).

As a new client of CMC Markets, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with CMC Markets in your region. During the CMC Markets account opening process, you will be asked to provide CMC Markets with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with CMC Markets have the following documents available.

  • CMC Markets require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for CMC Markets compliance. This must be dated within the last six months.
  • If you plan to fund your CMC Markets account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the CMC Markets platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under CMC Markets Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring CMC Markets's platform.

However, remember that you won't be able to make trades on CMC Markets until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the CMC Markets KYC compliance process as soon as possible to avoid any delays in accessing the CMC Markets platform's features.

It is important to note that CMC Markets may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the CMC Markets platform and features immediately. However, you must pass the verification process to start live trading with CMC Markets, which can take up to a few business days.

To start the process of opening an account with CMC Markets you can visit the CMC Markets trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.cmcmarkets.com on March 22, 2023.

Is CMC Markets A Good Broker?

We have spent over 5 years examining CMC Markets in depth. Although we found some very useful aspects of the CMC Markets platform that would be useful to some traders. We feel that a alternative to CMC Markets may better suit you.

  • CMC Markets have a good track record of offering Forex, CFDs, Spread Betting, Binary Options.
  • CMC Markets has a history of over 34 years.
  • CMC Markets has a reasonable sized customer support of at least 10.
  • CMC Markets are regulated by the Financial Conduct Authority (FCA). CMC Markets is subject to strict regulatory oversight from its respective jurisdiction, which holds CMC Markets (the broker) accountable for misconduct. This regulatory framework helps ensure that CMC Markets operates fairly and transparently and provides CMC Markets customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and CMC Markets.
  • CMC Markets have regulation from reputable regulators.
  • One of the advantages of using CMC Markets is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from CMC Markets are particularly important as CMC Markets traders want to receive their money quickly. With the efficient CMC Markets payment processing system, traders can enjoy faster access to their CMC Markets funds.
  • CMC Markets have an international presence in multiple countries. Including local CMC Markets seminars and training.
  • CMC Markets can hire people from various locations in the world who can better communicate in your local language.

CMC Markets Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

CMC Markets not quite right?

If after reading this CMC Markets review, CMC Markets does not fulfill your needs check out these CMC Markets Alternatives.

Click here to view the best CMC Markets Alternatives

We have spent years researching the best alternatives to CMC Markets. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective CMC Markets alternatives available today. If you are unsatisfied with CMC Markets or want to explore other options, we recommend checking out our carefully curated list of highly-rated CMC Markets alternatives. Follow the links below to learn more about these CMC Markets broker alternatives and choose the one that best suits your trading needs.

Related CMC Markets Vs Comparisons

Throughout our comprehensive CMC Markets review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing CMC Markets against other popular brokers in the industry, check out our CMC Markets Vs pages. Our team has compiled a series of detailed CMC Markets comparison articles, pitting the CMC Markets platform against some of the best-rated CMC Markets competitors in the market. Dive into our informative CMC Markets Vs pages below to find out how CMC Markets stacks up against other leading brokers.

CMC Markets review
CMC MARKETS Frequently Asked Questions

Read our detailed CMC Markets FAQ Section updated for 2023.

Can I try CMC Markets?

CMC Markets offer a demo account so you can try the CMC Markets platform with virtual trading before you put down a payment. Virtual trading with CMC Markets is zero risk. Learn more here

What funding methods do CMC Markets accept?

Please note that the list of payment methods below depends on the CMC Markets Entity and the client's Country of Residence.

CMC Markets offer the following funding payment methods Credit cards, Bank Transfer, Debit cards, Payoneer, among other payment methods.
Learn more here

Losses can exceed deposits

Is CMC Markets safe?

CMC Markets have over 10,000 users. CMC Markets are considered reliable as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to CMC Markets accounts by traders are held in a segregated bank account. For added security,CMC Markets use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with CMC Markets is risky, and because the market is so volatile, losses could happen at any time.

Losses can exceed deposits

Is CMC Markets trading good?

CMC Markets is considered good and reputable to trade with CMC Markets. CMC Markets is used by over 10,000 traders and CMC Markets users. CMC Markets offers Forex trading, CFDs trading, Spread Betting trading, and Binary Options trading. Minimum deposit with CMC Markets is 200.

Is CMC Markets trading Legit?

CMC Markets was founded in UK in 1989. CMC Markets has been facilitating trade on the financial markets for over 34 years. CMC Markets offers clients Forex trading, CFDs trading, Spread Betting trading, and Binary Options trading. All funds deposited to CMC Markets are held in segregated bank accounts for security. CMC Markets is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is CMC Markets a good broker?

CMC Markets allows Forex trading, CFDs trading, Spread Betting trading, and Binary Options trading. CMC Markets is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.

Is CMC Markets trustworthy broker?

CMC Markets is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to CMC Markets, money is in a segregated bank account that is separate from CMC Markets company's funds. As a regulated broker, CMC Markets cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by CMC Markets. Instead, your CMC Markets funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with CMC Markets. Also CMC Markets is regulated in its local jurisdictions including major financial regulators like Financial Conduct Authority (FCA).

What is the minimum deposit for CMC Markets?

The minimum deposit to trade with CMC Markets is 200.

How long do CMC Markets withdrawals take?

Withdrawing money from CMC Markets processing time varies depending on the method but averages 1-5 days.

Is CMC Markets regulated?

CMC Markets is regulated by the Financial Conduct Authority (FCA). Regulatory bodies conduct regular reviews and audits as part of CMC Markets maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is CMC Markets a market maker?

CMC Markets is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by CMC Markets even if no buyer or seller is lined up.

How can I start trading with CMC Markets?

When opening a trading account with CMC Markets, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on CMC Markets trading platforms, you can follow the link provided below: Learn more about signing up with the CMC Markets trading platform here. This will provide useful information and insights into the various trading platforms offered by CMC Markets, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with CMC Markets?

Yes your money is safe with CMC Markets.

Overall, strict financial regulation is essential for ensuring that trading platforms like CMC Markets operate fairly, transparently, and responsibly, which ultimately benefits all CMC Markets stakeholders involved.

Trading platforms like CMC Markets must have strict financial regulation for several reasons:

  • Protecting CMC Markets Investors: Strict financial regulation ensures that investors who use the CMC Markets trading platform are protected against fraudulent or unethical behavior by the CMC Markets platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the CMC Markets platform.
  • Maintaining CMC Markets Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the CMC Markets trading platform. Regulatory procedures reduce the likelihood of the CMC Markets platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing CMC Markets Transparency: Regulations require trading platforms like CMC Markets to maintain detailed records and disclose CMC Markets client information. Financial regulatory requirements enhances transparency and helps to build trust between the CMC Markets platform and its investors.

CMC Markets is regulated by the Financial Conduct Authority (FCA). When selecting a broker such as CMC Markets, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, CMC Markets ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like CMC Markets.

Is CMC Markets a con?

CMC Markets is regulated and well established, having been in business for over 34 years. CMC Markets is not a con.

Can you make money with CMC Markets?

Although traders have had great success with CMC Markets, trading on the financial markets with CMC Markets is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does CMC Markets have fees?

CMC Markets withdrawal fees vary on payment method.CMC Markets does charge a fee for inactive accounts. CMC Markets do charge deposit fees.

When was CMC Markets founded?

CMC Markets was founded in 1989.

How many people use CMC Markets?

CMC Markets is used by over 10,000 registered CMC Markets users.

What is CMC Markets Headquarters country?

CMC Markets has its head quarters office in UK .

Does CMC Markets offer negative balance protection?

CMC Markets does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does CMC Markets offer guaranteed stop loss?

CMC Markets offers guaranteed stop loss protection. With guaranteed stop loss protection, the risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does CMC Markets allow scalping?

CMC Markets offers scalping.

Does CMC Markets allow hedging?

CMC Markets offers hedging.

Does CMC Markets offer CFD trading?

CMC Markets offers CFD trading.

Does CMC Markets offer STP?

CMC Markets does not offer STP trading.

How many people use CMC Markets?

CMC Markets is used by over 10000 CMC Markets users and traders.

Is CMC Markets an ECN broker?

CMC Markets does not offer ECN trading.

Does CMC Markets offer a demo account?

CMC Markets offers a demo account.

Does CMC Markets offer an Islamic account?

CMC Markets does not offer Islamic accounts.

What are the funding methods for CMC Markets?

Please note that funding methods and options available with CMC Markets can be found in the CMC Markets Members area and depend on the CMC Markets clientโ€™s country of residence. Please check your specific available payment methods on the CMC Markets website. CMC Markets accept the following funding methods : Credit cards, Bank Transfer, Debit cards, Payoneer.

CMC Markets review written by Andrew Blumer and Mark Hansen

We hope you found our review of the CMC Markets brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

CMC Markets review written by Mark Hansen of Comparebrokers.co