The online brokerage firm CMC Markets requires a capital deposit from the trader owning the brokerage account to activate the CFD and Retail foreign exchange (Forex) trading platform.
The minimum amount required with CMC Markets starts from $0, which can be deposited via various methods including wire transfer, credit card and ewallet.
CMC Markets generally does not charge commissions on deposits, but conversion fees may apply if depositing in a currency different from the account base currency.
Table of Content
What is the CMC Markets minimum deposit?
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.
The CMC Markets deposit features are listed in this table below:
CMC MARKETS DEPOSIT FEATURES | CHARACTERISTICS |
---|---|
CMC Markets CFD account | $0 minimum deposit |
CMC Markets corporate account | $0 minimum deposit |
CMC Markets stockbroking account | $0 minimum deposit |
CMC Markets spread betting account (UK only) | $0 minimum deposit |
Deposit fees | No |
Withdrawal Fees | No |
Base Currencies | GBP, EUR, USD, AUD, CAD, NOK, NZD, PLN, SEK, SGD |
78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.
You can check out our guide to the CMC Markets account types before opening a real money account.
What are the CMC Markets account base currencies?
The Pepperstone account base currencies are listed below:
- GBP
- EUR
- USD
- AUD
- CAD
- NOK
- NZD
- PLN
- SEK
- SGD
However, if you own a spread betting account, only EUR and GBP are available.
What are the CMC Markets funding and deposit methods?
CMC Markets accepts a variety of major funding methods.
- Bank transfers: CMC Markets bank transfers are typically fee free, and require up to 2 business days to get through.
- Credit cards: CMC Markets accepts Visa and Mastercard credit cards only.
- eWallets: at CMC Markets, PayPal is the only service available at the moment.
How does the CMC Markets minimum deposit compare with other major brokers?
The comparison between CMC Markets’ minimum deposit and those of other brokers can be found in this table below:
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 |
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.
Does CMC Markets offer deposit bonuses?
CMC Markets doesn’t offer deposit bonuses.
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.