According to a survey of 12,000 traders in the Investment Trends 2016 UK Leveraged Trading Report, CMC Markets has grown its market share in financial spread betting and foreign exchange as well as becoming one of the largest forex brokers currently operating.
CMC Markets, the top CFD broker, has improved its market position from fourth to third in CFDs, from fourth to third position in forex and from third to second position in financial spread betting.
Underlining its position as one of the best spread betting brokers, CMC Markets achieved the highest rating for overall client satisfaction across all three product segments. The company ranked first across seventeen service categories among CFD traders.
Mobile trading drives CMC Markets growth
Peter Cruddas, CEO and founder of CMC Markets, said: “The market share and trader satisfaction results this year underline the success of our ambition to put clients’ needs first.”
The Investment Trends report revealed that mobile trading was one of the key reasons that customer satisfaction with CMC Markets is so high.
Mr Cruddas added: “Mobile was always going to be a game-changer for the way clients engage with the financial markets, and the development of our market-leading mobile and tablet technology has long been an integral part of our strategy. I am delighted to see this recognition from our most important audience – our clients, and the resultant increases in our market share.
“Our award-winning next generation trading platform is a vital resource for our clients, not merely in the traditional execution sense, but also for the features, charting and research tools we offer that help with their trading strategy and clearly enhances the customer experience.
“From our mobile apps to spreads and value for money, we’re delighted so many aspects of our service have contributed to us having achieved the highest overall user satisfaction rating across spread betting, CFD and FX trading,” he added.
Richard founded the Good Money Guide (previously Good Broker Guide) in 2015 and has been a broker for 20 years most recently at Investors Intelligence and previously a multi-asset derivatives broker at MF Global (Man Financial). Richard started his career working as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson) after interning on the NYMEX oil trading floor in New York and London IPE in 2001 & 2000.