CMC Markets Review 2024

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Written By
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Written By
Christian Harris
Christian is a seasoned journalist with decades of experience. He transitioned from tech journalism to finance to follow his interest in investing. He has been trading stocks, futures, forex, and cryptocurrencies for more than 5 years, becoming an eToro Popular Investor. With hands-on expertise across various assets, he offers valuable trading insights.
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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
Updated

4.7 / 5
CMC Markets is #23 in our CFD broker rankings.

With advanced charting tools and an extensive range of tradable CFDs, including an almost unrivalled selection of currencies and custom indices, CMC Markets provides a fantastic online platform for traders of all levels.

- Christian Harris, Reviewer
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.

$0
Web, MT4
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
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USD, EUR, GBP, CAD, AUD, NZD, SEK, NOK, SGD, PLN
Visa, Mastercard, Wire Transfer, Credit Card, Debit Card, PayPal
Forex Trading

CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP.

Stock Trading

CMC provides opportunities on over 10,000 stock CFDs and offers reliable support during market hours based on tests. You also gain complimentary access to new and excellent analysis from reputable third-party outlets. On the downside, there’s no trading in real stocks in some countries.

CFD Trading

CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries. Spreads are relatively tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market.

Crypto Trading

CMC Markets offers trading on popular digital tokens like Bitcoin but really stands out for its crypto indices that provide broader exposure to the cryptocurrency market. There is also minimal slippage and an excellent 99.9% fill rate, making CMC a great option for active crypto day traders.

Spread Betting

CMC Markets is still one of the few brokers that lets you make speculative bets on financial markets without incurring capital gains tax on your profits. You don’t pay any commission fees for opening or closing positions, either. Its web platform has also won awards for its top-notch user experience.

Awards

  • Best Trading App 2023 - DayTrading.com
  • No.1 Platform Technology 2022
  • No.1 New Tool 2022
  • No.1 Most Currency Pairs 2022
  • Best Trade Execution 2021
  • Best Forex Broker For Beginners 2021
  • Most Transparent Forex Broker Europe 2020
  • Best Trading Platform 2020
  • Best Trading App 2019
  • Best Customer Service 2018

✓ Pros

  • The web platform delivers a fantastic user experience with advanced charting tools for day trading and customizable features, catering to both beginners and experienced traders. MT4 (but not MT5) is also supported.
  • CMC offers excellent pricing, including tight spreads and low trading fees for all but stock CFDs. The Alpha scheme also offers perks for high-volume traders with up to 28.6% discounts on spreads.
  • CMC Markets is heavily regulated by reputable financial authorities and maintains its stellar reputation, helping to ensure a secure and trustworthy trading environment.
  • The brokerage continues to stand out with its wide range of value-add resources, including pattern recognition scanners, webinars, tutorials, news feeds, and research from respected sources like Morningstar.

✗ Cons

  • Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG.
  • While CMC offers an above-average suite of assets, there is no support for trading real stocks and UK clients can’t trade cryptocurrencies.
  • Trading stock CFDs incurs a relatively high commission, especially compared to the cheapest brokers like IC Markets.
  • An inactivity fee of $10 per month is applied after 12 months of inactivity, which may deter casual investors.
  • The CMC Markets app offers the complete trading package but the design and user experience trails category leaders like eToro.
Go to CMC Markets
67% of retail CFD accounts lose money.

This CMC Markets review will unpack the ratings we’ve given the broker following our first-hand experience testing the platform. Find out where CMC Markets stands out and where it falls short of alternatives.

Regulation & Trust

4.8 / 5

With a commendable track record, stock exchange listing, and authorization by top-tier regulators, CMC Markets demonstrates strong safety indicators for traders.

The brokerage has been operating since 1989 and has licenses from multiple trusted bodies, including the FCA in the UK, CIRO in Canada, and ASIC in Australia.

This means, that in the event the broker becomes insolvent, UK clients are protected up to £85,000, EU clients up to €20,000, and Canadian clients up to CAD 1 million.

There is no specified protection amount for other clients and there is no protection for clients in Australia, New Zealand, Singapore or the Middle East.

Negative balance protection for UK and EU clients also means that your account balance can’t go into negative – an important safeguard for day traders using leverage.

CMC’s listing on the London Stock Exchange (LON: CMCX) further enhances its trust rating, as the company consistently and transparently releases financial statements.

Accounts & Banking

4.5 / 5

Accounts

CMC offers three account types for retail traders (CFD, FX Active and Spread Betting), distinguished by their availability in specific countries, accepted account base currencies, pricing structures, and tax considerations.

Unlike IG, for example, there is no option to open a separate account to trade real stocks. This won’t be a major issue for many day traders, but it will reduce the broker’s appeal to longer-term investors.

On the plus side, CMC’s account opening process is entirely digital and I completed account verification in a matter of minutes.

Each account grants complete access to trading platforms, complimentary market data, and educational materials. Different fees are applicable to different accounts, necessitating a thorough review of the user agreement.

Professional traders can also open a separate account granting access to higher leverage. Professional clients, who, in choosing this option, forego some of the enhanced protection afforded to retail clients, such as negative balance protection.

A complimentary demo account also lets you explore the platform and its various supported markets in a simulated environment with $10,000 in virtual funds, but doesn’t include Reuters news feeds or Morningstar research reports.

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Tip: If you are a beginner, the demo environment is the best place to famarilize yourself with the platform and test short-term strategies before risking real money.
Choosing virtual balance on CMC Markets demo account
CMC Markets – Demo Mode

Incentives

CMC Markets also offers a premium scheme for traders with a large bankroll, Alpha. To be eligible, you must deposit at least $25,000, which will price out many retail investors.

That said, the perks are great with spread discounts of up to 40%, priority customer service, interest on your account equity, and a subscription to the Financial Times.

Additionally, the broker has a loyalty incentive available to everyone, CMC Price+. The program is a tiered-based discount scheme, in which you earn points each time you trade. The rewards are reduced spreads up to 40%, making it an attractive program for serious day traders.

Leverage

At CMC Markets, retail traders have a maximum leverage of up to 1:30, allowing the opening of positions valued at 30 times the deposited amount. For instance, a $100 deposit enables the initiation of a $3,000 trade position.

Notably, this 1:30 leverage is applicable solely to major currency pairs. Different instruments have varied maximum leverage, with indices and minor currency pairs capped at 1:20, and stocks at 1:5. Professional clients have access to even higher leverage, reaching up to 1:500.

To qualify for a Professional account, you must meet specific criteria, including having executed at least 10 trades of significant size in the previous quarter, maintaining a portfolio exceeding €500,000, and possessing a minimum one-year work experience in the financial sector.

Deposits & Withdrawals

Depositing and withdrawing to CMC accounts is typical of a regulated broker – the options are relatively limited, but secure. For an added layer of protection, I like the way CMC doesn’t let you deposit funds until your account details have been verified.

You’ll find that a lot of brokers are keen to take your money, but less likely to return it until you satisfy their Know Your Client (KYC) process – which can be problematic with an unregulated off-shore broker that entices you with a high leverage account.

CMC Markets supports depositing and withdrawing funds in up to 10 base currencies (USD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGD), which is more accommodating than popular alternatives like XTB.

However, it’s not that straightforward. The choice of base currency is only available when using a CFD account, and all 10 currencies are most likely not accessible to the majority of clients around the world who will be typically limited to two or three major currencies – their home country and perhaps USD and EUR.

Transfer options include bank wire or debit card payments. Third-party payment providers like Wise and PayPal are out in some locations, including the UK, and you can forget about crypto transfers.

Making a deposit to a CMC Markets account
CMC Markets – Deposit Options

From my experience, card payments are typically processed the same day if requested before the cut-off time (11:00 ET), while bank wire transfers have been known to take up to three days.

There’s no limit to the amount you can withdraw to your registered bank account. CMC Markets also charges no deposit or withdrawal fees, and there are no minimum deposit and withdrawal amounts, a notable advantage over brokers like eToro which levies a $5 withdrawal fee.

Similar to other brokers, it’s worth remembering that withdrawing funds to a bank account with a currency different from your CMC account base currency will likely incur a conversion fee. For example, when withdrawing from a USD-based brokerage account to a EUR-based bank account.

The most efficient way to minimize conversion fees is to use a multi-currency bank account at a digital bank. I use Revolut for this purpose and it is excellent.

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Christian Harris
Author

Assets & Markets

4.5 / 5

CMC Markets offers a diverse range of over 12,000+ CFD products encompassing commodities, currencies, ETFs, shares, forex indices, stock indices, share baskets and treasuries, surpassing the product range of the vast majority of online brokers.

The range of available markets, however, will vary based on the regulatory entity governing your CMC account.

Unlike some of its main competitors, such as Interactive Brokers, CMC doesn’t provide access to exchange-traded securities (non-CFDs) for international stock exchange participation. The platform also doesn’t include options or interest rate trading, or long-term investment opportunities via managed portfolios.

Overall, CMC Markets caters very well to day traders interested in CFDs or spread betting, especially with its market-leading selection of 300+ currency pairs. However, some traders unfamiliar with CFDs may find the range of trading options limited.

My biggest disappointment with the platform is the absence of real stocks or ETFs in the product selection, which limited my options for diversification.

CMC’s commission for trading stock CFDs is also high and starts from $10.

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Christian Harris
Author

Fees & Costs

4.3 / 5

CMC’s fees for trading are relatively low, especially for forex, with the average spread on EUR/USD being 0.7 during peak trading hours.

On major indices, such as the S&P 500, 0.6 is the average spread cost during peak trading hours (the fees are built into the spread). The US 30, on the other hand, has a starting spread of 2.2.

By comparison, IC Markets offers some of the lowest spreads out of all brokers with a EUR/USD spread averaging 0.1 in its Raw account, and 1.4 for the US 30.

It’s important to mention that, similar to many other forex brokers, CMC’s spreads might elevate during periods of low liquidity compared to regular market conditions.

As with every broker, you will incur swap fees, calculated using tom-next rates, for positions held overnight, potentially subject to currency conversion charges for trading in a currency different from the account’s base currency. That said, day traders can avoid this charge by closing positions by the end of the trading session.

One notable bonus is that CMC Markets offers a guaranteed stop-loss order (GSLO) on some trades. There is a fee for this service, but this is refunded if the GSLO is not triggered.

A GSLO can ultimately be a great way to protect against market volatility and slippage. The fee varies based on the asset’s current market price but is displayed at the bottom of the order window.

CMC imposes no fees for account creation, deposits, or withdrawals, but there is a $10 monthly fee applied after 12 months of inactivity, unless the account holds no funds. We see this sort of inactivity penalty at the vast majority of brokers we review, and it’s only a notable drawback for casual investors.

Platforms & Tools

4 / 5

Trading Platforms

CMC Markets provides two trading platform options: the proprietary web-based solution or the third-party MetaTrader 4. While both platforms offer advanced functions, I find CMC’s online terminal a lot easier to use.

The platform boasts numerous analytical features, integrated services such as pattern indicators, 13 chart types, platform video tours, and live news streams.

Charts on CMC Markets Next Generation platform
CMC Markets – Web Platform

Some of my favorite features include the over 80+ technical indicators, 40+ drawing tools, fully customizable workspace (windows are resizable and dockable), support for Renko charts, advanced order types, an in-built strategy backtesting, personalized performance data, and useful pattern recognition scanner.

However, similar to most broker’s own platforms, it doesn’t support the ability to run automated trading strategies. MT4 is the better option if you want to use automated trading strategies thanks to its support for Expert Advisors (EAs).

While the online platform is web-based and stable, the lack of a desktop software option might be a drawback if you prefer a standalone application for stability and performance, especially during periods of high market activity.

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Christian Harris
Author

Placing A Trade

From my time personally using CMC Markets, placing a trade on the web platform isn’t quite as intuitive as it could be, but after a little time, you should come to appreciate the various methods to initiate the process.

For example, you can utilize the main search bar, watchlist, or product library icons located in the top left of the platform interface to locate a trading instrument.

Opting for the ‘Buy’ or ‘Sell’ pricing to the right of the instrument name initiates the trade, prompting an order screen to appear. However, there aren’t actually any labels next to the buttons, so you’ll have to play around in demo so you don’t make any trading mistakes with real money.

To complete the trade, you then need to specify the volume/value, choose an order type (e.g., ‘Market’ or ‘Limit’), add optional parameters like Stop Loss or Take Profit, review estimated margin and potential costs, and finally, confirm the position by selecting ‘Place Buy Market Order’ or ‘Place Sell Market Order.’

Making a trade on CMC Markets Next Generation platform
CMC Markets – New Order

While relatively straightforward, I don’t like the way my Take Profit and Stop Loss levels aren’t displayed on the chart until I actually place the order, because visualizing price areas helps me to picture a trade and minimize pricing errors. This made for a slightly frustrating experience during my hands-on tests of the CMC Markets platform.

Also, displaying a trade’s risk-to-reward ratio would be very helpful. Thankfully, altering TP and SL levels after a trade had been placed simply requires me to drag and drop the line levels on the chart.

Mobile App

I rate the slick and user-friendly mobile app that is available to download for free on iOS and Android devices.

It continues to offer excellent functionality, supporting trading on all instruments and offering mobile-optimized charting with scroll and zoom, a choice of notification types, and clear order tracking. I’ve found the best charting view to be accessed by turning your phone horizontally.

I also appreciate that the in-app navigation is easy to follow from the menu at the bottom, and I like the wide range of trade ideas and insights available on the app, which can help aspiring traders discover opportunities. These include a ‘Hot Products’ function and the largest ‘Price Movers’, which highlights trending products with significant activity.

CMC Markets app functionality
CMC Markets – App

In addition, the MetaTrader 4 platform offers a mobile app, with an iOS and Android download. You can access most of the features and functions of the desktop software including watchlist creation, technical analysis features, and customizable charts.

However, compared to the CMC Markets mobile app, my personal view is that MT4 feels more outdated, with a less modern design but a similar bottom menu to switch between windows.

Research

4.5 / 5

CMC provides a variety of excellent research tools. The platform offers access to technical analysis, fundamental analysis, and market insights.

You can find up-to-date news streams, economic calendars (with ‘market impact’ meters), and analysis from reputable sources including Reuters, Morningstar and Thomson Reuters.

CMC Markets Research Insights
CMC Markets – Research

The web trading platform also includes a link to CMC TV. Similar to IG’s IGTV, this YouTube channel regularly releases updates on market movements and provides technical analysis several times each week.

Education

4.3 / 5

The educational content provided by CMC is well above par, especially beneficial for beginner traders.

The platform offers a variety of learning materials, including specific trading guides for CFDs, spread betting, forex, and stocks, as well as more advanced topics including fundamental and technical analysis.

Stock trading education at CMC Markets
CMC Markets – Stock Trading Guides

I applaud the extensive range of generic and product-specific information relevant to trading on CMC Markets, covering a range of topics from login procedures to opening positions and applying technical tools, but the lack of a simple filtering system by experience level on the educational platform might make it slightly challenging for beginners to navigate through the available resources.

A more user-friendly categorization could enhance the learning experience for novice traders.

Once you’ve set up a live account you will have access to various data sources, including up-to-date news, online webinars, and in-person events.

Customer Support

4.5 / 5

CMC’s customer service stands out as one of the industry’s best, offering localized (English, Chinese, French, German, Italian, Norwegian, Polish, Spanish and Swedish) phone and email accessible 24/5.

While the absence of live chat for prospective clients is disappointing, there is live chat available from within your demo or live account – albeit only within working hours Monday-Friday. When I tested the chat service a representative joined my chat within 5 minutes and resolved my query.

CMC provides 24-hour email support on business days. During my tests, I received a relevant response within 2 hours (mid-afternoon on a Friday).

The platform further excels with a comprehensive online help section, featuring well-organized FAQs, platform user guides with integrated trading videos (on YouTube), instrument-specific e-books, a glossary of key terms, and strategy-based trading guides.

Should You Trade With CMC?

Overseen by top-tier regulators and offering competitive pricing and a wide selection of instruments across various markets and asset classes, CMC is an excellent option for trading CFDs and forex.

The custom platform is powerful and customizable, but probably a little intimidating for new traders. Experienced traders also have the option to trade using MetaTrader 4, which is an excellent option for algo traders and those familiar with the most popular forex trading software.

I’m just left slightly disappointed by its high fees for stock CFDs and no access to real stocks or ETFs.

FAQ

Is CMC Markets Legit Or A Scam?

CMC Markets is a legitimate and reputable online trading platform. It is a well-established financial services provider with a history dating back to 1989. The company is publicly listed on the London Stock Exchange (LSE: CMCX) and is regulated by top-tier financial authorities.

Can I Trust CMC Markets?

CMC Markets is a longstanding broker with a rich operational history that operates under the FCA’s Client Money rules, mandating the segregation of client funds from the company’s own.

With a robust market capitalization exceeding $470 million as of 2024, CMC is well-capitalized, reinforcing its standing as a secure broker for safeguarding client assets, including cash holdings.

Is CMC Markets A Regulated Broker?

CMC Markets is a heavily regulated broker under the supervision of various regulatory bodies across different regions.

It operates under licenses from financial authorities including the UK Financial Conduct Authority (FCA), Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), Canadian Investment Regulatory Organization (CIRO), Australian Securities and Investments Commission (ASIC), New Zealand Financial Markets Authority (FMA), Monetary Authority of Singapore (MAS) and Dubai Financial Services Authority (DFSA).

Is CMC Markets Suitable For Beginners?

CMC is potentially suitable for beginners thanks to its educational resources and the availability of a demo account for practice. The platform is regulated by reputable authorities, ensuring a secure trading environment, and it offers responsive customer support.

The only drawback for new traders is the intimidating web platform that could make it clearer how to place and manage trades, despite noticeable improvements in recent years.

Does CMC Markets Offer Low Fees?

CMC generally has a competitive fee structure and it does not charge for depositing or withdrawing funds. However, there are brokers, notably IC Markets, that offer better spreads for active traders.

Is CMC Markets A Good Broker For Day Trading?

CMC Markets is a great broker for day trading. Intraday trading often requires high liquidity and CMC, as a well-established broker, provides access to liquid markets. Execution times are fast and the higher volume of liquidity reduces the chances of your orders getting rejected.

In addition, CMC Markets supports popular short-term trading products like CFDs and spread bets with access to a massive selection of 12,000+ underlying assets.

Does CMC Markets Have A Good App?

CMC provides a proprietary mobile app, offering a convenient means to trade on the move. The app features a clean design and is equipped with a range of research tools, robust charts, predefined watchlists, integrated news, educational content, and various other functionalities.

But while functional, the mobile app doesn’t lack the intuitiveness of apps from eToro.

Top 3 Alternatives to CMC Markets

Compare CMC Markets with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. Interactive Brokers – Interactive Brokers (IBKR) is a premier brokerage for experienced traders, providing access to 150 markets in 33 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
    Go to Interactive Brokers
  3. Forex.com – Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of day trading markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to Forex.com

CMC Markets Comparison Table

Compare CMC Markets With Similar Brokers
CMC Markets IG Interactive Brokers Forex.com
Rating 4.7 4.4 4.3 4.5
Markets CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, Cryptocurrencies Forex, Spot Metals
Demo Account Yes Yes Yes Yes
Minimum Deposit $0 $0 $0 $100
Minimum Trade 0.01 Lots 0.01 Lots $100 0.01 Lots
Regulators FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA FCA, SEC, FINRA, CBI, CIRO, SFC, MAS, MNB NFA, CFTC
Bonus Active Trader Program With A 15% Reduction In Costs
Education Yes Yes Yes Yes
Platforms Web, MT4 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral Trader Workstation (TWS), Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, eSignal, TradingCentral MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Leverage 1:30 (Retail), 1:500 (Pro) 1:30 (Retail), 1:250 (Pro) 1:50 1:50
Payment Methods 6 6 6 8
Visit Visit Visit Visit
Review IG
Review
Interactive Brokers
Review
Forex.com
Review

Compare Trading Instruments

Compare the markets and instruments offered by CMC Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare CMC Markets Trading Instruments
CMC Markets IG Interactive Brokers Forex.com
CFD Yes Yes Yes No
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes No Yes
Gold Yes Yes Yes Yes
Copper Yes Yes No No
Silver Yes Yes No Yes
Corn No No No No
Crypto Yes Yes Yes No
Futures No Yes Yes No
Options No Yes Yes Yes
ETFs Yes Yes Yes No
Bonds Yes Yes Yes No
Warrants No Yes Yes No
Spreadbetting Yes Yes No No
Volatility Index Yes Yes No No

CMC Markets vs Other Brokers

Compare CMC Markets with any other broker by selecting the other broker below.

 

Customer Reviews

  4.5 / 5

This average customer rating is based on 2 CMC Markets customer reviews submitted by our visitors.

If you have traded with CMC Markets we would really like to know about your experience - please submit your own review. Thank you.

  5

No complaints from me about CMC Markets. Forex spreads are always tight, order execution is always reliable and I can always get through to customer support when I need them. Would recommend.

✍ Sam | 🌐 United Kingdom | November 27, 2023
  4

I use CMC Markets for day trading forex and have been impressed with the package. It’s got the largest choice of currency pairs I’ve seen, reliable execution, plus the rebates through the loyalty scheme help keep spreads low.

✍ Thomas | 🌐 United Kingdom | November 15, 2023

Submit Your Own Review of CMC Markets

If you have experience trading with CMC Markets please share your personal review of the broker and what you think are strong and weak points. Thank you.

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Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Article Sources

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