Home > About brokers > Forex broker reviews & ratings > CMC Markets reviews & rating
CMC Markets reviews & ratings
See below for CMC Markets reviewsAverage Rating:
(18 reviews)↑ ↓ |
↑ ↓ |
↑ ↓ |
|
|
236
|
|
||
|
94
|
SCAM | ||
|
64
|
|
||
|
63
|
|
||
|
61
|
|
||
|
56
|
|
||
|
55
|
|
||
|
51
|
|
||
|
44
|
|
||
|
44
|
SCAM | ||
|
39
|
|
||
|
38
|
|
||
|
37
|
|
||
|
37
|
|
||
|
37
|
|
||
|
37
|
|
||
|
33
|
|
||
|
33
|
SCAM | ||
|
29
|
|
||
|
29
|
|
||
|
24
|
SCAM | ||
|
24
|
|
||
|
24
|
|
||
|
24
|
|
||
|
22
|
|
||
|
22
|
|
||
|
22
|
SCAM | ||
|
21
|
|
||
|
19
|
|
||
|
18
|
|
||
|
18
|
|
||
|
18
|
|
||
|
18
|
SCAM | ||
|
18
|
SCAM | ||
|
16
|
|
||
|
15
|
|
||
|
15
|
SCAM | ||
|
13
|
|
||
|
13
|
|
||
|
13
|
|
||
|
12
|
SCAM | ||
|
12
|
|
||
|
11
|
SCAM | ||
|
11
|
|
||
|
10
|
|
||
|
10
|
|
||
|
9
|
|
||
|
9
|
|
||
|
8
|
|
||
|
8
|
|
||
|
8
|
|
||
|
6
|
|
||
|
6
|
|
||
|
6
|
|
||
|
5
|
|
||
|
4
|
|
||
|
3
|
|
||
|
3
|
|
||
|
2
|
|
||
|
2
|
|
||
|
2
|
|
||
|
2
|
SCAM | ||
|
2
|
|
||
|
1
|
Not Rated | ||
|
1
|
|
Discuss CMC Markets on our Forex Forum
CMC Markets Reviews
they'll scam selected accounts .... avoid them at all cost !!!
↑ Back to topBig scam of a company, i cancelled a stop loss and they executed it. Lost over 150k in 2 weeks. Do not use these scammers, system always has problems, ofcourse in favour of cmc.Worst scammers outthere.
↑ Back to top
Frequent Requotes, huge spreads, platform freezing... crap.
I was making money with CMC and they started playing with my platform until I was cleaned out.
They scam not all,but selected individuals. While i were trading on their platform it frose completely, then when it starts working again you realize that you lost thousands.. they destroyed my life!! i lost almost R100 000 in a month trading with them.. i hate CMC Markets Iquote trading. They make false promises but really they dont give a damn about you.
↑ Back to topIt's a scam .....yesterday@18:03 london time while price was around 1.1955 a very long candlestick over 1.36 for one instant.....is a lot of time that
they catch all my stoploss, but yesterday I had the confirm that they manipulate charts
CMC Markets runs a wire siphoning scam. They brokered a backroom deal with Natwest bank to skim undisclosed wire fees from wires that enter and leave CMC's Natwest bank account.
The amount you send is not what appears in your account, even if you are in the domestic SEPA region. And when you withdraw funds, you are shorted then too, by an different undisclosed amount.
* False advertising
* Misleading sales practice
* Fraud
* Lies
Name: John
Hi folks out there, I've been trading for about four years, I'm currently with CMC markets but I'm sick of getting requotes (never in my favour).
Can any experienced traders out there name an honest firm to do long term business with.
cheers and thanks
PS I'm one of those really heard of traders that actaully makes money.
Name: Mark Pope
I WAS a client of CMC Markets, that is until after they shut down in 9/2008. Too bad- they had a nice platform with great technical analysis studies that could be saved. I have struggled to find a broker who has a similiar platform. Forex.com stinks and i tried another demo fortex.com which also isn\'t that great. Does anyone know of a good US-regulated Forex broker?
↑ Back to topThey wouldn\'t offer me 1:10 leverage or even 1:20 leverage, all they gave me was 1:100 and 1:200 leverage, clearly bs, but all these forex scams are going to go bust due to the banning of short selling. Why? The psychology of markets has changed, more likely to be artifically inflated, and thus if everyone goes long with enough capital CMC will go bankrupt.
However the problem is that they will pull every trick such as fake quotes and so on. The forex scam will never die, so be careful everyone!
Who cares anymore, they died a royal death 1 week ago.
CMC
RIP 2008
It is a scam. There is a huge difference between demo and real trading. What they promise on their web site - fast execution and tight spreads - you will see on demo only. In reality requotes are all the time even if the price stays within 15 seconds on the spot.
For example, I wanted to sell at .6098 price moved to better .6101 but they offered .6010. Pending orders don\'t work properly as well. You will enter to the market using pending order if the price moved 15-20 pips further. So no way to earn money with CMC for both scalpers (slow execution) and long term traders (you will close profit positions with requotes and 20 pips less results). Also do not trust those who leave good reviews. They connected to CMC. Stay far away.
Name: Grant
You may see my earlier review above. This review is an update as I would hate for people to make a judgement on my earlier review alone. In short, the software behavior changed in an instant from my earlier excellent execution to extremely sluggish execution, with price re-quotes nearly guaranteed upon clicking buy or sell. I have received repeated warning (3-4) through the platform from the dealers who object to my \'excessive\' news trading activities and who have indicated they may not be able to continue offering me service if I persist. Am I still with them you may ask? The answer is yes. Why? Because despite all the terrible service I am getting now, I am still making money trading with them believe it or not. Just this month I was transferred to their \"advantage pro\" service which is a service reserved for high volume traders such as myself. Nothing has changed in terms of service quality through the platform - it is generally abysmal during US and European trading hours, but not too bad during the Asian session. During my nearly 2 years with CMC Markets I have placed 1000\'s of orders and despite continuing to make money I am not blind. I hope this update puts my initial review into perspective.
↑ Back to top
Name: MNR
Works most of the time with share spreadbetting. However - once I lost my connection 5 seconds after my first trade for weeks, a very short term volatility play, that was supposed to last about 30 seconds. I finally closed my position about 3 minutes later. Much more worrying though was a pending stop order was triggered when the displayed screen price was nowhere near the stop. What's more, my pending blotter didn't register the fact that this had occurred until minutes later when I placed another trade. Could have lost a small fortune if the market hadn't turned suddenly and saved my butt. This may have somehow been caused by a poor internet connection but I don't feel I can trust the software anymore so will be looking for a new account elsewhere. Software slow under XP 512MB - must be badly written as hangs when it's not even doing much.
↑ Back to top
Name: FXGuru
SO far so good, been with them for 6 months, the platform could use an upgrade, but I hear one is in the works. Spreads and customer service are solid.
I haven't seen any orders hunted as yet. I recommend you check them out.
Name: CFDumbMoney
Customer service: 4 stars. Software 2 stars: run Markets-Pro on Mac OSX w/ Parallels and am unable to place Linked Orders.
Name: Grant
Nearly 10 months of trading with over 500 orders placed and I find CMC excellent in service and trading platform. After reading some other adverse reviews of forex brokers I'm relieved I started with CMC. The platform works fine but you need about a gig of ram with xp to be ideal. It is certainly okay with 512 ram but 1 gig is the ideal. Old computers may have lock up issues. I was running win2k with 256 ram and it worked okay 98% of the time but locked up once. Its your own fault if you trade on an old computer. CMC don't have horrible spread fluctuations which i find excellent. I couldn't stand spread fluctuation after having constant spreads. Orders are executed rapidly althoug pending orders can take a couple of minutes to find out price of execution in really heavy trading times.
Overall, two thumbs up.
Name: samer
they are hnest but They don't have most of important tools such as trailing stops, .. no stop and limet in one click u have to do three order to get it.
↑ Back to topWrite your review of CMC Markets Back to all forex broker reviews & rating



































































