IG or CMC Markets? Which Is the Best CFD Broker in the UK?
CMC Markets and IG Europe, which used to be known as IG Markets, are the two most well-known CFD brokers in the Swedish market.
But how good are CMC Markets?
Should you invest with CMC Markets or IG?
CMC Markets, like IG, has several unanswered questions, which we highlight in this CMC review.
Is CMC Markets a good investment?
Overall, CMC Markets is regarded as a reliable CFD broker, which is not surprising.
In the market, the CFD broker holds a dominant position.
The broker was founded in 1989 as Currency Management Corporation, which was later abbreviated to CMC.
CMC Markets was finally given a name in 2005.
The following are some of the drawbacks of trading at CMC Markets:
The brokerage fees for CFD trading in stocks are exorbitant.
For those who do not use Bank transfer or credit cards, the account verification process is complicated and time-consuming.
If you are inactive for an extended time, CMC Markets will charge you an inactivity fee.
A demo account is only available for a limited time.
CMC Markets provides a free demo account with real-time rates for a seven-day trial period.
You must then open a real account, known as a live account by CMC Markets, with the same e-mail address to continue using the demo account without access to real-time prices.
If you’re looking for CFD brokers other than CMC Markets, you’ve come to the right place.
Then go to our full list to learn more about the best UK CFDs brokers for 2021.