CMC Markets Minimum Deposit Guide

logomark Anthony Gallagher calendar Last Updated: December 2021 timer 5 min read

Trading with CMC Markets, it is likely that you already have some extensive knowledge on how the broker works and everything that has to offer.

Certainly, if you have taken a look at our CMC Markets review, you will be well aware of these points.

Taking a closer look at the broker in certain areas though is important. That is why we have decided to drill down on the areas around the CMC Markets minimum deposit and funding methods in particular.

These are points that can really impact your decision on trading with the broker or not, so they are definitely worth a closer, more detailed look.

Let’s get started.

Table of contents

What is the CMC Markets Minimum Deposits?

The CMC Markets minimum deposit to open an account is 0 USD, and this is the case for each account type available. CFD, corporate, stockbroking and spread betting account. Even so, the broker recommends a deposit of at least $200 in order to have more flexibility when trading.

CMC Markets Minimum Deposit Features
Minimum Deposit $0
Deposit Fees No
Withdrawal Fees No
Base Currencies EUR, USD, JPY, GBP, CHF, NZD, CAD, AUD

CMC Markets CFD Account

CFD accounts through CMC Markets are available around the world. These accounts function as Standard private accounts for traders with the broker and are the most common type of account held with them for regular traders.

When operating with the kind of CMC Markets account type, there is no minimum deposit to be concerned about. Just like other brokers with no minimum deposit, you can get started trading here with as little as $1.

With that said, the broker does recommend you to deal with at least $200 in your account when you are trading. This is to make sure you get the full experience of using the broker’s services.

cmc markets website cfd trading

CMC Markets Corporate Account

The CMC Markets corporate account is again one that is available to traders around the world.

Surprisingly, there is also no CMC Minimum deposit associated with the corporate account although it can be registered under your business or trading name.

CMC Markets Stockbroking Account

A CMC Markets stockbroking account is offered. This account type is available with no minimum deposit making it very accessible though it is only offered to Australian traders.

With the CMC Markets Stockbroking account, you are able to trade a wide range of assets including ASX, and SSX listed shares, mFunds, warrants, ETFs, and other investment products. If you are trading with this account type, the frequent trader program provided also helps you save money on fees and reduce your overall trading costs based on how much you trade.

These benefits ensure that this account type with the broker is a popular choice among new and experienced stock traders alike.

CMC Markets Spread Betting Account

The CMC Markets spread betting account is available to those located within the UK only. This is predominantly to do with remaining compliant with regulation in other areas as we have explainedin our article where we have compared 10 spread betting brokers. This form of trading is where you can earn based on speculation and the movement of spreads.

There is no minimum deposit in place on this account type either although again, the broker does recommend that you deposit at least $200 in order to fully avail of their services.

CMC Markets Pro Account

The final CMC account type for us to take a look at here is the CMC Pro account. This account type is available to anyone who holds a CFD Trading account, or a CMC Spread Betting account although they must first satisfy two of the following three requirements to upgrade account type.

  1. CMC Pro account holders must possess an average of 10 significantly sized transactions per quarter consecutively over the previous four quarters.
  2. Additionally to that, their financial portfolio of assets which can include cash deposits must be in excess of $500,000.
  3. The final requirement is that the trader should possess at least one year of working experience in the financial industry with knowledge of leveraged trading products. Two of these three requirements must be met in order for the broker to remain compliant with ESMA regulation among others.

The benefits that you can look forward to as a CMC Markets Pro trader include being able to access as much as 500:1 in leverage on major markets when the maximum available to regular traders in the same markets is 30:1. You can also receive further protections from new ESMA regulations as they come into force. Beyond this, you can also avail of the services of a dedicated CMC Markets account manager.

These are all excellent and very worthwhile benefits of your trading if you happen to meet the volume and other requirements to open a CMC Markets pro account.

CMC Markets Deposit Bonus

With CMC Markets, as we have previously mentioned, they remain very focused on abiding by the rules of their regulators.

The knock-on effect of this compliance means that they cannot offer any form of CMC deposit bonus to traders at the moment.

If you’re not familiar with how deposit bonuses work and which brokers offer them, here is an article featuring the best forex bonuses available.

CMC Markets Minimum Deposit vs Other Brokers

CMC Markets’s minimum deposit amount is a good deal for you as a trader. Here in the table below, compared CMC Markets with two other trustworthy brokers for you to take a look at.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

CMC Markets Admiral Markets eToro
Minimum Deposit $0 $100 ($1 for AM Invest Account) $200
Wire Transfer Yes Yes Yes
Credit/Debit Cards Yes Yes Yes
PayPal Yes No No
Number of Deposit Methods 5 10 10
Account Currencies EUR, USD, JPY, GBP, CHG, NZD, CAD, AUD USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, SEK, NOK USD

CMC Markets Base Currency

The base currency is the currency in which you can trade with any major broker. Through top forex brokers, many base currencies are typically made available. This makes it easy for you as a trader to trade in the currency that you know well and are comfortable with.

The CMC Markets base currency available depends on your account type, however, CFD and corporate accounts, in particular, allow for every major currency to be traded.

If your account is a spread betting on, then the accounts will cater for GBP and EUR as a base currency.

cmc markets website regulated and safe

 

CMC Markets Funding Methods

CMC Markets accepts a variety of major funding methods. This includes bank transfers that are available. You should check with your banks in regards to their policy with fees associated with bank transfers, They may charge a fee on their end where there is no fee associated with the CMC Markets end.

Credit card deposits are also accepted through both Visa and Mastercard. These are the most used card deposit methods, although other cards like American Express are not accepted at the moment.

Moving to eWallets, this popular funding method is also catered for through CMC Markets. PayPal is the only service which is available at the moment although more may be made available in the future as the demand arises. If you are looking for more information in this area, you should definitely read our PayPal forex brokers top ten.

Typically, the processing periods for any deposit to CMC Markets run to a maximum of 1-2 days from the deposit to being able to trade with your funds.

CMC Markets Minimum Deposit FAQ

How do I make a CMC Markets deposit?

You can use a number of methods to make your CMC Markets deposit. These include bank wire transfers, credit or debit cards such as Visa and Mastercard, or through eWallets like PayPal.

What is the minimum deposit for CMC Markets?

No minimum deposit is required with any account type at CMC Markets. With that said, the broker typically suggests a $100 – $200 initial deposit to make the most of the available services.

Are CMC Markets available in the USA?

The broker is unfortunately unavailable at the moment in the US. If you’re still looking for a US broker, do not panic. You can get a little help by reading our article on the best forex brokers available in the United States.


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80% of retail CFD accounts lose money

About the Author

Anthony Gallagher

Broker Expert

Anthony is a financial journalist and business advisor with several years’ experience writing for some of the most well-known sites in the Forex world.

A trader turned industry writer, he is currently based in Shanghai with a finger on the pulse of Asia’s biggest markets.

He is a keen golfer with a very high handicap so when not helping you find the best broker for your needs, you may find him on the course or just as likely following any number of sports from the comfort of his sofa.


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