69% of retail investor accounts lose money
- Good Money Guide experts commend CMC Markets' Trading Platform for its advanced client sentiment indicators, which allow traders to gauge market trends effectively. The platform excels in pricing and market access, offering a wide range of instruments, though it has fewer UK and US stocks compared to some competitors. Overall, it is rated highly for its technology-driven approach and suitability for active traders.
- Across 237 user reviews on Good Money Guide, averaging 4.2/5, customers frequently highlight the platform's user-friendly interface, efficient trade execution, and responsive customer service. Many users appreciate the competitive spreads and the extensive range of trading instruments available. However, some feedback suggests a desire for improvements in the mobile app's functionality and user experience.
CMC Markets Trading Platform Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated CMC Markets Trading Platform across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- Online Platform5.0
- Customer Service4.5
- Research & Analysis4.0
Pros
- Excellent platform
- Client sentiment indicators
- Tight pricing
Cons
- No DMA
- Limited options trading
See full expert review
Our verdict
CMC Markets' trading platform is very much a technology-driven solution that aims to offer institutional-grade tools and execution to retail and experienced clients. Overall, an excellent trading platform and a well-run company.
69% of retail investor accounts lose money when trading CFDs with this provider
Is CMC Markets' Trading Platform Any Good?
Yes, one of the stand-out features of CMC Markets' main trading platform is the client sentiment indicators. Whilst most trading platforms provide this information, where you can see what percentage of the client base is long or short an asset, with CMC Markets you can break sentiment down by time frame and profitable clients. This, essentially, gives you an indication of where the smart money is going.
Out-of-hours post and pre market trading (24/5)
Starting Tuesday, 17 June 2025, traders will be able to spread bet and trade CFDs 24 hours a day, five days a week (24/5) on over 60 major US stocks, including the 'Magnificent Seven' (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla). Trading opens at 1am (UK time) on Mondays and runs continuously until 10pm on Fridays.
Share Baskets
Another key feature I liked when testing the platform was the share baskets. CMC has created its own sectors on popular themes like driverless cars, cannabis and cyber security. These give traders the ability to quickly speculate on themes through share baskets which are quicker to build than ETFs, meaning as a trader you can take advantage of sector moves quicker than on other trading platforms.
Market Access
CMC Markets' trading platform has one of the widest market ranges for CFD and spread betting clients: you can trade over 12,000 instruments including an industry-leading 338 forex pairs, 124 commodities, and over 1,000 ETFs. However, CMC Markets doesn’t offer as many UK shares (745) and US stocks (4,968) as some other platforms, instead focussing on the most heavily traded and liquid companies.
What Does the CMC Markets Trading Platform Look Like?
Compared to IG, the CMC Markets trading platform feels a bit more professional: it has a classic black background, more flashing lights and a slightly more urgent trading ticket. As such, it is more suitable for more active traders trading intra-day.
Customer reviews for CMC Markets
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 237 reviews
- Excellent52%
- Very good22%
- Basic18%
- Poor6%
- Bad2%
Read customer reviews
4/5
Pros:
easy to use
5/5
Pros:
Range of markets
Cons:
better spreads
2/5
Pros:
Good selection of markets
Cons:
Serious issues with the trades not automatically closing leading to situations where money is held overnight and fees are charged. Support team are unsupportive and very hard to understand.
4/5
Pros:
Easy Access
Cons:
Less overnight charges
4/5
Cons:
More info
3/5
Pros:
UI
Cons:
More markets
4/5
3/5
Pros:
None
Cons:
Loads
3/5
3/5
Pros:
app look nice, also first broker i opened an account with
Cons:
no thoughts
2/5
Pros:
Nothing
Aaron Parsons @ 10/09/2020 05:44
Their online trading platform has MAJOR KNOWN ISSUES as admitted to me via email and experienced first hand.
It leads to day trades not automatically cancelling and releasing your money and your money being held until you complain and force them to fix it.
This has cost me a full night and half a days trading, not to mention hours of my time trying to have the trades cleared and funds returned for use.
Also, your stock holdings vanish from your account summary from time to time for no apparent reason.
Their customer service ÔÇ£teamÔÇØ are a complete joke. No-one can do anything except take a message. They have no after hours support of any kind even though they allow customers to trade 24/7 on world wide markets.
This is simply not good enough from a Stock Broker, and I will be ensuring the AFCA and ASX know about it.
Eze Kenechukwu Daniel @ 08/15/2020 03:07
Is amazingly awasome
2/5
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5/5
5/5
3/5
4/5
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
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Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
