In today’s review, we are going to take a look at a standard scam scammer who is operating under the name of CMC Markets. His web portal may well inspire confidence, but further analysis reveals the criminal activity of the project. The scammer calls for investing in a wide range of financial assets, describing great trading conditions and amazing opportunities for making money. In fact, loud promises are posted on the web portal only to lure newcomers and steal funds.
Distinctive characteristics of the brand
CMC Markets calls it its goal to provide an exceptional trading experience. Among the advantages of the brand are:
- Good value for money. The company provides tight spreads regardless of market volatility, while maintaining competitive and reliable prices.
- More trading options. The client receives 12,000 investment products at his disposal. Indices, currencies, stocks, funds, commodities, government bonds, and crypto coins are available to him. All this will allow you to create a diversified portfolio and reduce potential risks.
- Intuitive platform. The development of the exchange intermediary allegedly received many awards. Programmers are constantly improving their system, adding new functions and unique advantages.
- Advanced graph analysis. The trader receives several price visualizations. It can use 115 technical indicators, a variety of drawing tools, shape recognition functions.
- Fast execution of trading orders. Thanks to modern technologies, the trader can quickly open and close trades. Several types of orders are provided, which provides full control over the operations performed.
- Capital protection. The project team has developed several risk management features. These tools will help to significantly reduce potential losses.
A trader should remember that the company is interested in attracting new investors. In this regard, it may publish inaccurate and knowingly false information. To understand the real prospects for cooperation, you should pay attention to independent reviews.
Trading app for clients
The company has developed its own platform for working through the phone. The CMC Markets app includes all the features for placing orders. A market player can use optimized charts with numerous technical indicators and drawing tools. The client has access to a customizable overview, notifications and an economic calendar. There is a help section for beginners, which will provide a quick introduction to the development.
Among the features of the CMC Markets application are:
- Chart pattern recognition. The system scans more than 120 popular products every 5 minutes. A market player will receive a notification if the software development detects candlestick patterns.
- Mobile charts, advanced technical indicators. A trader can use innovative tools to find optimal entry points.
- Extended execution of the order. The client receives a wide range of trading orders, including trailing and guaranteed stop loss. Among the functions, there is also a partial closure of positions, market and limit orders.
- Price alerts. The trader can set up SMS or email notifications. In this way, he will never miss an important event.
In addition to its own development, the company offers to download the MetaTrader 4 system. It is equipped with many indicators and other useful functions. A market player has at his disposal understandable graphs and diagrams, with the help of which it is easy to observe the movement of quotes.
Comments on the work of CMC Markets
Traders are complaining about disgusting support and terrible registration conditions. A person tried to log in to the brokerage system for 6 days without getting a satisfactory result. The company has opened Russian-language consultations, but the managers do not provide the necessary assistance. They treat their customers as second-class.
The company has been operating for many years, but recently its services have deteriorated. The rating of the project is falling on all information resources, traders refuse to cooperate. The terminal does not function properly, the processing of the transaction takes up to 10 minutes. The office withdraws funds, but the procedure is very long and complicated. Market players claim an unfavorable experience of cooperation with the CMC Markets brand.
The project disappoints with its services. Its platform is unstable and crashes frequently, resulting in substantial losses. The office sets fairly high commissions for ordinary transactions. When withdrawing funds, the process was delayed. Customer support takes a long time to answer questions.
Clients cannot withdraw their profits. Brand representatives force you to pay income tax, which is not reported in advance.
Is it worth working with CMC Markets?
There are quite a lot of negative comments on independent sites. The project staff does not provide the necessary assistance, and the trading platforms leave much to be desired. The market player does not receive the desired services and loses the initial capital. In some cases, the withdrawal is made, but the procedure is too long and complicated. There are indications of criminal fraud. The office asks to pay commissions, luring the last money from its customers. Given the extremely negative reputation of the project, we do not recommend starting cooperation with it.
