68% of retail investor accounts lose money
- Experts rate CMC Markets Index Trading highly, noting its strong offering of over 80 global indices for trading with tight spreads and fast execution. The platform is praised for its excellent customer service, although it lacks options for index ETF investing and direct market access trading. Overall, it receives a total rating of 4.0/5 based on various criteria including pricing and market access.
- Across 237 user reviews on Good Money Guide, averaging 4.2/5, customers frequently highlight the platform's ease of use, efficient trade execution, and responsive customer service. Many users appreciate the competitive spreads and the comprehensive range of tools available for trading. However, some mention a desire for improvements in the mobile app's user-friendliness.
CMC Markets Index Trading 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 Index Trading across five key areas of our review framework.
- Pricing4.0
- Market Access4.0
- Online Platform4.0
- Customer Service4.0
- Research & Analysis4.0
Pros
- Excellent client index trading sentiment
- Tight spreads on major indices
- Very good index trading platform
Cons
- No index ETF investing
- No DMA index trading
See full expert review
Our verdict
CMC Markets lets you trade on over 80 cash and forward global indices based on the FTSE 100 and more, with leverage, on an award-winning spread betting and CFD platform. Trade indices with tight spreads, lightning-fast execution and the highest-rated customer service in the industry.
74% of retail investor accounts lose money when trading CFDs with this provider.
Summary
- Indices available: 80+
- Minimum deposit: £1
- Account types: CFDs, spread betting
- Index pricing: FTSE 1, DAX 1, Dow 2, NASDAQ 1, S&P 0.5
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
4/5
2/5
5/5
5/5
3/5
4/5
Stock exchange and index owners charge a lot of money to use their trademarked names, so it’s cheaper for brokers to quote OTC prices with a descriptive name.
CMC Markets Indices Trading
CMC Markets lets you trade on over 80 cash and forward global indices based on the FTSE 100 and more, with leverage, on an award-winning spread betting and CFD platform. Trade indices with tight spreads, lightning-fast execution and the highest-rated customer service in the industry.
- Indices available: 80+
- Index pricing: FTSE 1, DAX 1, Dow 2, NASDAQ 1, S&P 0.5
- Expert opinion: CMC Markets full review
Compare CMC Markets against other index trading platforms below:
| Index Trading Platform | Indices Available | Index CFDs | Index Spreads | Index Futures | Index Options | MT4/5 | Customer Reviews | More Info |
|---|---|---|---|---|---|---|---|---|
 | 40 | ✔️ | ✔️ | ❌ | ✔️ | ✔️ | (Based on 125 reviews) | See Platform 69% of retail investor accounts lose money |
 | 40 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 21 reviews) | See Platform 74% of retail CFD accounts lose money. |
 | 28 | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 110 reviews) | See Platform 73% of retail investor accounts lose money |
 | 39 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 146 reviews) | See Platform 76% of retail investor accounts lose money |
 | 13 | ✔️ | ❌ | ✔️ | ✔️ | ❌ | (Based on 1,375 reviews) | See Platform 59.7% of retail investor accounts lose money |
 | 30 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 272 reviews) | See Platform 61% of retail investor accounts lose money |
 | 80+ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | (Based on 746 reviews) | See Platform 68% of retail investor accounts lose money |
 | 80+ | ✔️ | ✔️ | ❌ | ❌ | ✔️ | (Based on 237 reviews) | See Platform 68% of retail investor accounts lose money |
 | 29 | ✔️ | ❌ | ✔️ | ✔️ | ✔️ | (Based on 137 reviews) | See Platform 62% of retail investor accounts lose money |
 | 15 | ✔️ | ❌ | ❌ | ❌ | ❌ | (Based on 283 reviews) | See Platform 61% of retail investor accounts lose money |
 | 25 | ✔️ | ✔️ | ❌ | ❌ | ❌ | (Based on 139 reviews) | See Platform74% of retail investor accounts lose money |
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.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
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.