FAQs
When we've confirmed your ID or you are electronically identified, we'll process your application and open your share trading account. This process is usually completed with 1-2 days.
How long do CMC Markets take to verify? ›
Our aim is to help you start trading as quickly as possible. If you have already provided your supporting documents, for most customers this will happen within minutes. However, there will be cases where additional documentation is needed before we can process your account application.
How long does it take to withdraw money from CMC Markets? ›
Withdrawal requests received before 11.00am will be processed that day - provided the funds are cleared. Withdrawal requests received after 11:00 am will be processed the next business day. Withdrawals can take up to 2 business days before the funds are available in your nominated external bank account.
Do you own the shares with CMC Markets? ›
Get greater control and flexibility for peak performance trading when you're on the go. Investing in CMC Markets derivative products carries significant risks and is not suitable for all investors. You do not own, or have any interest in, the underlying assets.
Can Americans use CMC Markets? ›
CMC Markets' CFD / Countdowns (for professional clients only) services are not available to US residents. This website and the copyright in all text, graphics, images, software and any other materials on this website is owned by CMC Markets UK plc ('CMC') or its licensors.
What is the brokerage fee for CMC Markets? ›
Pricing simplification
Brokerage (incl. GST) * |
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| Standard |
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First buy order processed on any trading day, up to the value of $1,000 per stock | $0 |
Second and each subsequent buy order processed on any trading day, up to the value of $1,000 per stock OR Buy orders exceeding $1,000 per stock | $11 or 0.10% |
All sell orders | $11 or 0.10% |
Is CMC Markets a reliable broker? ›
CMC Markets is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, which means that we must comply with FCA client assets regulation, known as CASS.
Is my money safe with CMC Markets? ›
Security. CMC Markets is regulated through the Financial Conduct Authority (FCA) under registration number 173730. The broker also takes steps to ensure client funds are not co-mingled with corporate funds, in accordance with the U.K. FCA's client money rules.
What is the initial deposit for CMC Markets? ›
Account specifications
Account features | CFD account | Corporate account |
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Profit from rising and falling markets* | Yes | Yes |
Minimum deposit | $0 | $0 |
Is there a minimum withdrawal from CMC Markets? ›
Similarly, there is no minimum withdrawal. All customer funds are stored in segregated accounts, thereby providing an extra layer of security. Furthermore, all customer accounts are fully insured by CMC Markets.
Similar to the Bankwest Cash Account, the ANZ Cash Account is an account with Australia and New Zealand Banking Group operated by CMC Markets Invest under your instructions.
Can I transfer shares to CMC Markets? ›
You'll need details of the stocks and shares you'd like to transfer to us, along with your account details with your current broker. You'll also need to have a printer handy as we need a 'wet' signature on your transfer form; then you just take a photo of your completed form and ID documents and email them back to us.
What is the inactivity fee for CMC Markets? ›
Inactivity fees
There is a monthly charge of $15 (the amount depends on your account currency) on dormant accounts, but no deduction is made if there are no funds in the account. An account is considered dormant if there has been no trading activity for a continuous period of 12 months.
Can I buy US stocks on CMC Markets? ›
The good news is US stocks (and other international shares) can be traded as easily as domestic ones on CMC's share trading platform.
How much does CMC charge for conversion? ›
Our currency conversion rate will be the mid-price of our foreign exchange cash product for the currency pair +/- 0.5%.
How long does it take to list on CMC? ›
The listing process on CMC usually takes 2 to 14 days (if you completed all steps correctly). The main factors that determine the timeline are: How quickly the token team provides a complete and accurate application. Only full and clear information leads to success.
How long does it take to deposit CMC Markets? ›
Deposit funds from your bank account into your Cash Account. Transfers may take 1-2 business days to reach your account.
How many applications does CMC get? ›
Claremont McKenna College is extremely difficult to get into. The college admitted 10% of all applicants in 2022. In 2023, just 591 out of the 5,709 students who applied were accepted.