Updated Jan 19 2023
Overview | |
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FXCM is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering. **The below information is provided based on FXCM EU LTD. For other FXCM entities, please go to the corresponding FXCM website for more information. TheTradingBible.com is acting in a capacity of marketing affiliate for FXCM EU LTD. |
CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by |
Financial Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! ![]() |
No fresh news at the moment. Check again soon! ![]() |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1999 | 1989 |
💳 Minimum Deposit Range | |
$50 | 0 |
💰 Payment Methods | |
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💵 Account Base Currencies | |
4 - EUR GBP, USD, CHF. | 10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
RU, US, CA, JP, SK, BE and more. |
US, JP, SY, ZA, IR. |
📊 STP Account | |
No | No |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
No | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | CFDs |
Total Asset Offering | |
447 | 11,885 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 0 |
📙 Stock CFDs | |
341 | 10,169 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
41 | 330 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
14 | 124 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
19 | 95 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
0 | 1,084 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
22 | 18 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
10 | 55 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 10 | Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | 1 Share |
📉 Minimum ETFs Trade Size | |
Unavailable | 1 ETF |
📈 Minimum Crypto Trade Size | |
1 Unit | Variable (eg: 1 BTC) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 (0.01 Lots) |
📈 Minimum Commodities Trade Size | |
Varies by Commodity (Eg: 1 Troy ounce of Gold) | 1 Contract |
📉 Minimum Bonds Trade Size | |
Unavailable | 1 Contract |
📈 Minimum Futures Trade Size | |
Unavailable | 1 Contract |
📉 Minimum Options Trade Size | |
Unavailable | Unavailable |
💪 Retail Leverage | |
30 | 30 |
💪 Professional Leverage | |
400 | 500 |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
No | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
Yes | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | No |
👫 Social Trading | |
Yes | No |
🔑 Guaranteed Stop-loss | |
No | Yes |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
50 units of the account's base currency yearly after 1 year of inactivity. |
After 12 months of inactivity, CMC Markets charges a £10 inactivity fee. |
💰 Deposit Fees | |
Yes on bank transfer withdrawals depending on location (from $10 to $40 on local currency). |
None |
💰 Withdrawal Fees | |
None | None |
💰 Commissions | |
None | Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. |
Spreads |
📈 EUR/USD | |
Dynamic - From 1.2 Pips | Dynamic - From 0.7 Pips |
📉 SP500 | |
Dynamic - From 58 Pips | From 60 Pips |
📈 GOLD | |
Dynamic - From 41 Pips | From 30 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - From $1.04 | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Unavailable | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $51 | Unavailable | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
No | Yes |
📡 Educational Content | |
Yes | Yes |
📡 Live Chat Support | |
Yes | Yes |
📡 Video Tutorials | |
No | Yes |
📡 Account Management | |
No | No |
📡 Webinars | |
No | Yes |