Where Are Forex And Cfd Contracts Traded

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warning icon Important: This broker offers CFDs which are a leveraged production and tin can consequence in the loss of your entire capital. Ensure y'all fully empathise the risks before trading.

Currency Management Corporation (CMC) Markets is a leading online trading platform for those seeking depression-cost CFDs, forex and stock trades. Find out if this established CFD broker is right for you in this guide.

What can I trade with CMC Markets?

Your CMC Markets trading account gives you access to more 10,000 global products, including:

Stocks CFDs. Access over 9000 global stocks in more than than xx markets around the world.
Indices. Choose from over 90 indices products, including the Straits Times Index, Australia 200, Uk 100 and Federal republic of germany xxx.
Commodities. More 100 commodity products available to trade.
Forex. More than than 330 currency pairs are offered to yous through CMC Markets.
Treasuries. Trade on over 55 treasuries products.
Cryptocurrencies. Trade on the toll of 12 cryptocurrencies against the The states dollar.

CMC Markets does non support stock trading

CMC Markets does not offer or support stocks trading in Singapore. Instead of stocks, CMC Markets trades stocks CFDs, which are traded on margin and does non offer any buying of the underlying asset to the investor.

Features of a CMC Markets trading account

Market place data. CMC Markets provides price information from markets around the world, including the Canadian, German, Swiss, Britain and US markets.
Research. CMC Markets offers a wealth of enquiry tools and resources to assistance you merchandise. These include events and seminars, market place reports, news and analysis.
Convenience. Placing trades through your CMC Markets trading business relationship tin be washed online, over the telephone or using the CMC Markets app on iPhone, iPad or your Android device.
Next Generation platform. CMC Markets' Adjacent Generation platform has been built to suit the needs of agile traders. It offers avant-garde inquiry and charting, unlimited free provisional orders and the power to process orders in less than one 2nd.
Award-winning charts. The platform offers more than 115 technical indicators and drawing tools, 70 chart patterns and 12 chart types.
Demo account. The complimentary demo account allows you lot to do trading with virtual funds before you commit to trading CFDs.
Regulated in Singapore. CMC Markets is regulated in Singapore by the Monetary Authority of Singapore (MAS).

What trading platforms are available?

CMC Markets offers ane, award-winning platform for CFD and forex traders chosen the CFD Side by side Generation platform.

This is an avant-garde, powerful web-based and mobile platform bachelor on compatible iOs and Android devices. Information technology features more than 115 technical indicators and chart types to aid with your trading analysis, and a range of useful tools including the price project tool and blueprint recognition tool.

Y'all tin can too connect with other traders via the chart forum, an online trading community enabling you to discuss and stock trading insights.

What support/data is available with a CMC Markets trading account?

If you lot need aid with a particular trade or with any aspect of your CMC Markets business relationship, it'southward like shooting fish in a barrel to get in bear on with CMC Markets. Phone, electronic mail and live chat back up are all available.

In that location are as well enough of educational resource from CMC Markets you can admission in gild to improve their trading knowledge. These include instructional articles and videos, trading guides, a blog, events run by market place experts and much more, plus a gratuitous demo business relationship.

What fees will yous pay?

When you lot trade CFDs or forex using a CMC Markets trading account, you'll need to consider the spread, which is the difference between the buy and the sell price. In addition, you'll need to consider the commission accuse that applies to your trades. The minimum spread applied to a forex CFD is 0.seven points, with margins from 0.xx%. Commission on stock CFDs start at 0.x%.

If you want to access CMC Markets' price data for stock CFDs, y'all may need to pay a monthly subscription fee. The charges that may apply depends on your market data classification and the type of account you agree. You tin find details of the charges can exist found on the platform under the 'market data' section.

How exercise you fund your business relationship?

Here are the details on the various means to deposit funds (in Singapore dollars) into your account:

Payment blazon	Payment type supported	Charge	Transfer fourth dimension
Corporate PayNow		No accuse	1 working day
Credit Card (Mastercard/Visa)		two% of transaction	Instant
Depository financial institution Transfer/FAST		No charge	1 working twenty-four hours
Non-POSB/DBS (GIRO)		No charge	2-3 working days
ATM		No charge	1 working day
Check		No charge	1 working twenty-four hours
Beak Payment (POSB/DBS)		No accuse	1 working 24-hour interval
Non-POSB/DBS MEPS Funds Transfer		Charges depend on remitting bank	i working day
NETS (At CMC local office)		N/A	2 hours
In Telegraphic Transfer (Overseas)		Due south$10 (or currency equivalent)	2-three working days
Cash / ATM Greenbacks Deposit		Northward/A	N/A
AMEX / Diners		N/A	Northward/A
Payment over the telephone	Processed on a example by case basis for accounts: Approaching margin call, or; Urgent deposit subsequently office hours (6pm SGT).	As above	As above

Pros and cons of using a CMC Markets trading account

Pros

Reputable provider. CMC Markets has taken out a large number of industry awards for its CFD trading services.
Trading options. Y'all can trade over 10,000 products on markets effectually the world.
Competitive fees. A comparison of CMC Markets' ongoing fees and commissions reveals that the CMC Markets CFD Account is an affordable trading platform.
MetaTrader 4. The almost popular trading platform in the globe is at present available as an additional trading option on CMC Markets.

Cons

CFD-only broker. CMC Markets only allow CFD trading, which comes with a broad range of risks – so make certain you're fully aware of these risks earlier you decide to start trading.

How practise I employ for a CMC Markets trading business relationship?

To utilise for a Trading Account from CMC Markets, simply click 'Create Business relationship' button on its website to be deeply redirected to an online application form. It'southward vital that you are fully enlightened of all the risks involved in trading CFDs before y'all sign upwards for an account.

To apply for an business relationship, you'll need to provide the following information:

Your proper noun
Your contact details
Your employment details
Details of your fiscal background

Required documents

CMC Markets will as well request the following supporting documents from you to comply with industry 'Know Your Customer' (KYC) requirements:

Client Acknowledgement Form. A duly completed and signed copy of the client acknowledgement course
Proof of identity. A valid photo ID (NRIC), passport or driving licence
Proof of address (dated in the last three months). If your ID does not indicate your electric current residential address, yous'll need to provide one of the post-obit documents addressed to your current residential address:
- Banking concern or credit card statement
- Utility or telco pecker
- Insurance statement or letter of the alphabet
- Any letter issued past regime bodies

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or whatever specific provider, service or offering. Information technology should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing coin speedily. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

Marc Terrano is a Lead Publisher and Growth Marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Engineering Sydney. He'southward passionate well-nigh creating honest and simple reviews and comparisons to aid people around the globe to get the best value for their money.

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