Our goal is to assist you in beginning trading as soon as feasible. Within 60 seconds of submitting your online application form, you will hear back from us if you live in the UK.
Before we can complete your live account application, further documentation could be required in some circumstances.
If you live outside of the UK, the account opening process will depend on how quickly you can send us the necessary supporting documentation; it often takes a few days. Within one business day of receiving your documents, we will contact you.
- Fill out a brief application form.
- Obtain confirmation. You will hear back from us within 60 seconds of submitting the form.
- Deposit money into your account to start trading on more than 12,000 financial markets.
How do accounts on margin operate?
Margin accounts function by giving traders leverage to boost their exposure to the financial markets. Whether you believe a security’s value will rise or fall, you can open a buy or sell position with a margin account. For those who don’t want to acquire and retain stocks for a long time, the possibility of engaging in short selling when asset values decline is desirable for margin trading.
Making a deposit: When using an account, you place a portion of the trade as your deposit rather than paying the entire value of the deal upfront. The asset determines how much margin you are permitted to borrow. For instance, a significant currency pair like EUR/USD opens at 3.3%, equivalent to a leverage ratio of 30:1.
Gains and losses: Since you are trading with borrowed funds, this could lead to boosted gains or lowered losses. This covers both spot cash and forward items. You may need to determine whether to close out the position or not if your trade starts to go against you to limit losses.
Margin calls: Should you have a losing trade, the total loss could exceed your initial margin deposit. A margin call will likely happen if your account’s maintenance margin requirement is unmet. Then, to enhance your equity, you must add additional money. If you don’t take action right away, you can end up having to close any available positions to make up for the shortfall in funding. Study up on margin calls. When trading with us, we contact clients to inform them when this amount surpasses 80% of the initial account value, allowing them to take the necessary action.
Our best spread betting broker and CFD trading account may be opened in a few easy steps.
This involves signing up using a valid email address, confirming your account, and providing personal information. This will assist us in determining whether you qualify for an account. Before deciding whether to apply for a live account and make a deposit, you will be given access to a free demo account. Explore our account kinds in more detail.
How can I fund my account with CMC Markets?
You have a few different options for funding your CMC Markets account:
Credit/debit card – through your trading account on the website or mobile app
Transfer funds with your online bank.
PayPal – through your trading account on the website or mobile app.
Look for the “Funding” tab to find a list of these possibilities on our web platform and mobile app.
Cash or checks are not acceptable forms of payment. Additionally, we do not accept Diners Club or American Express.
A credit/debit card, bank account, or PayPal account in your name must be used to fund your account. Third-party payments will not be accepted.
CMC Markets one of the best spread betting broker do not charge clients in the UK for making deposits into their trading accounts. Charges we impose, such as those for overnight holding fees, will be visible in your account history.
Please get in touch with your bank or credit card company in the first place if you detect a discrepancy between the deposit amount in your trading account and the amount that you transferred.