All Customer Reviews & Comments about CMC Markets Forex broker
Advantages: easy website to use and easy to get around
Disadvantages: withdrawal process is extremely slow.
Comment: I had a hard time with this broker it was difficult to get a withdrawal after many failed attempts. I had to hire a recovery solution firm to get my funds back. infoamy8atgmaildotcom
Advantages: Good name, long-term existence, many clients including institutions
Disadvantages: Tough entry requirements to lower net worth individuals
Comment: Speaking as a trader with experience for 10 years, I have some tips to offer everyone. Choosing a broker is very important, but you should not rush into it. I have been with CMC for like 5 years, and back when I started there were not many brokers like today. I have seen many companies come and go for one simple reason, their operations are unsustainable. You cannot expect to offer 1000:1 leverage and survive long because people will lose money and come here to blemish the name of the broker. Things like bonuses and high leverage are desperate attempts by a broker to get clients and trust me you don't want to work with a desperate broker. A company like CMC has ties to the top tier 1 banks to ensure you get the best quotes all the time. Sure, sometimes you think their leverage or capital requirements are mean, but that is the way it is supposed to be. Do not be tempted by small things, look at the big picture if you want to survive in this industry. (Drop the mic)