If you are here, it is because you want to open an account with CMC Markets and want to know what CMC Markets's minimum deposit is.
- Minimum Deposit: $0;
- CMC Markets accepts deposits in GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, and SGD. If you deposit in a different currency, you will be charged a 50 basis points (0.5%) fee for currency conversion;
- Charges $0 for deposits;
- Charges $0 for withdrawals;
- Regulated by FCA, BaFin.
Whether you are a new trader looking to open your first account or an experienced trader looking to switch brokers, this article will provide you with the information you need to make an informed decision.
What is CMC Markets's minimum deposit?
CMC Markets's minimum deposit is $0. You can deposit via Credit/debit card, Bank transfer, and PayPal , and CMC Markets charges $0 for the deposits.
Each deposit method may display different minimum amounts, fees (if applicable), and different processing times for the money to arrive at your account. For more information, you can visit CMC Markets's website.
Are there deposit fees at CMC Markets?
No, CMC Markets does not charge deposit fees. It's a plus that the broker doesn’t deduct any fees from your deposits. The only costs you need to consider are those charged by the bank or other third-party financial services you use to send money.
What about currency conversion costs?
CMC Markets's supported/base currencies are GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, and SGD. Please note: a deposit made with a different local currency could be charged a currency conversion fee of 50 basis points (0.5%).
To prevent this, you can try to deposit in one of the supported currencies using low-cost currency conversion services such as Revolut or Wise.
What are the deposit methods available at CMC Markets?
The deposit methods available at CMC Markets include: Credit/debit card, Bank transfer, and PayPal .
Does CMC Markets charge withdrawal fees?
No, CMC Markets does not charge withdrawal fees. This means you can easily access your funds without incurring additional costs.
Is CMC Markets safe?
CMC Markets is regulated by FCA, BaFin. This is excellent news because regulated brokers must follow strict rules and regulations to ensure that they operate fairly and transparently.
In the event of a dispute, regulated brokers must have processes for resolving disputes with clients. Regulated brokers are also subject to higher standards of conduct and must follow best practices in the industry.
Lastly, firms like CMC Markets must be part of the Investor Compensation Scheme (ICS) which protects clients in case an investment firm goes out of business.
Brokers with Signup Bonuses?
|Broker||Bonus Promotion||Link||Terms and Conditions||Available Countries|
|1 share up to £100||Link||Details||Europe|
|Up to $1,000 of free IBKR stock||Link||Details||Worldwide (exceptions apply)|
|1 share up to €200||Link||Details||Netherlands, Ireland, Spain, Germany, Austria, France, Belgium|
|One share worth up to $150||Link||Details||UK, Brazil, New Zealand, Australia.|
To sum it up, CMC Markets's minimum deposit is $0.
We covered CMC Markets's deposit costs and other information so that you can make an informed decision about opening a trading account on CMC Markets. Want to know more about CMC Markets? Feel free to explore CMC Markets’s website. You can also check out our broker reviews and comparisons, and let us know your thoughts in the comments below!