Archive for the 'Forex CMC Plc' Category

CMC Forex

Posted in Forex Broker, CMC Forex, CMC plc FX, CMC plc Forex, Forex CMC Plc, CMC Forex Trading on July 12th, 2006

CMC Markets opened up a new branch to their CFD platform many years ago by introducing the ability for their clients to trade the forex market.

Some of the benefits of CMC Forex include:

  • Small spreads (as compared to larger forex firms such as FXCM)
  • No need to trade in specific lot sizes
  • 100:1 leverage
  • One click trading
  • No commissions
  • If-Done and OCO orders

Some of their disadvantages include:

  • $2,000 opening balance
  • Minimum trade size US$10,000

If you have used CMC Forex in the past before let us know about your experiences by adding a comment below. By sharing your experiences we can be a small yet powerful force in finding out which forex brokers a better than others (as I can only do so much whereas if we have everyone adding detailed comments we can all help each other).