CMC Markets Minimum Deposit: Key Information & Guide (2023)
The CMC Markets minimum deposit is $0 for each account type.
However, there are several key elements such as base currencies that can affect costs.
Also to be considered are the different deposit methods available to transfer funds to your trading account.
You’ll find everything explained in this guide.
Round-up
| FEATURES | CMC MARKETS MINIMUM DEPOSIT |
|---|---|
| CMC Markets CFD account | $0 |
| CMC Markets corporate account | $0 |
| CMC Markets stockbroking account | $0 |
| CMC Markets spread betting account (UK only) | $0 |
| Deposit fees | No |
| Withdrawal Fees | No |
| Base Currencies | GBP, EUR, USD, AUD, CAD, NOK, NZD, PLN, SEK, SGD |
You can check out our guide to the CMC Markets account types before opening a real money account.
Visit CMC Markets (78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.)
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:
- GBP
- EUR
- USD
- AUD
- CAD
- NOK
- NZD
- PLN
- SEK
- SGD
If your account is a spread betting on, then the accounts will cater for the following base currency.
- GBP
- EUR
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.
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 vs other brokers
CMC Markets’s minimum deposit amount is a good deal for you as a trader. Here in the table below, we 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
| FEATURES | CMC MARKETS | ADMIRALS | ETORO |
|---|---|---|---|
| Minimum deposit | $0 | $100 ($1 for AM Invest account) | $50 |
| Wire transfer | Yes | Yes | Yes |
| Credit card | Yes | Yes | Yes |
| PayPal | Yes | Yes | No |
| Number of deposit methods | 6 | 15 | 10 |
| Base Currencies | GBP, EUR, USD, AUD, CAD, NOK, NZD, PLN, SEK, SGD | USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, AUD, SGD, JOD, AED | USD |
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.
To learn more, read our CMC Markets review.
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