Expert Review
Account: CMC Markets MT4
Description: Competitive spreads on 175+ FX pairs, plus indices and commodities with no restrictions on scalping and no restrictions on minimum stop-loss or take-profit distances, or stop-loss and take-profit limits. Additional premium MT4 indicators and EAs, included at no cost on a London-located server.
74% of retail investor accounts lose money when trading CFDs with this provider.
Does CMC Markets have MT4?
Yes, and it’s actually quite a good offering, compared to other mainstream brokers like IG who also have their own in-house platform.
You get competitive spreads on 175+ FX pairs, plus indices and commodities with no restrictions on scalping and no restrictions on minimum stop-loss or take-profit distances, or stop-loss and take-profit limits. Additional premium MT4 indicators and EAs, included at no cost on a London-located server.
- MT4 markets available: 200+
Pros
- Backed by CMC Markets
- Scalping
- Lots of premium indicators
Cons
- Limited market access compared to main platform
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Pricing
(4)
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Market Access
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Online Platform
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Customer Service
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Research & Analysis
(4)
Overall
4Compare CMC Markets against other MT4 trading platforms below:
| MT4 Broker | MT4 Markets | Indicators /Add Ons | MT5 | Spread Betting | Customer Reviews | More Info |
|---|---|---|---|---|---|---|
 | 84+ | 64 | ✔️ | ✔️ | (Based on 124 reviews)
| See Platform 71% of retail investor accounts lose money |
 | 91 | 18 | ✔️ | ✔️ | (Based on 678 reviews)
| See Platform 69% of retail investor accounts lose money |
 | 1,200 | 100 | ✔️ | ✔️ | (Based on 86 reviews)
| See Platform 75.3% of retail investor accounts lose money |
 | 200+ | 12 | ✔️ | ✔️ | (Based on 148 reviews)
| See Platform 70% of retail investor accounts lose money |
 | 2,100 | n/a | ✔️ | ✔️ | (Based on 136 reviews)
| See Platform75% 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.
You can contact Richard at richard@goodmoneyguide.com
