Thread: CMC Markets

Originally Posted by ;

Appreciating your easter holidays, child?

Smashing thanks grandpa!

Originally Posted by ;

appears like a 'battle of the repetitions' is going on at the last few posts...

Really suuuuuxxxxxxx...((((
I just wanted feedbacks from traders who've acc using CMC...

CMC markets currently have this order implementation policy for FX CFDS Limit Orders for FX goods, if accepted, will only be implemented at the Target Price. Meaning when monday morning(Australia available), if there's a gap up/gap down above/below your limit, your order will be implemented at the target price, even when it strikes upward 100 pips. Is this legal or fair?

Originally Posted by ;

CMC markets currently have this order execution policy for FX CFDS Limit Orders for FX goods, if accepted, will only ever be executed at the Target Price. Meaning when monday morning(Australia open), if there's a gap up/gap down above/below your limit, your order will be executed at the target price, even when it strikes upward 100 pips. Is this fair or legal?

Seems fantastic! However well risk is handled, There is always a possibility of some geo political event blowing the spread out 200 pips or longer. It occurred at 911 and the Jap tsunami. Eliminating that risk is greater than fair for traders and as a market maker they can lawfully trade with you at any price they like. You agree to this when you sign up

I dont think you understand. Your stops will nevertheless be executed at the prevailing market price on the open. You are at risk. Its only the limit/target price - if the difference is in your favor - that you'll be full at your target price. NFA would wipe the floor with them, but apparently the british are far more understanding.

These are the newest news from CMC Markets : http://www.independentinvestor.com/n...rvices-003490/

Please don't trade with this provider!
Google if you are unsure

Is cmcmarkets a market maker or agency version?

Are they satisfactory?

I only noticed today that CMC Markets has been IIROC regulated in Canada. I really don't remember them being officially regulated by these last time I checked. Maybe I need to give them a try... Might be better compared to OANDA and FXCM here.

Does anyone trading with them have some insight into just how good a broker they are? Particularly in regards to prevent hunting...

According to regulatory filings from previous week leading worldwide investment banking, https://www.forexbrokerz.com/news/Go...in-CMC-Markets

A long-term spouse of UK CFD trading and spread betting provider CMC Markets, Goldman Sachs originally purchased a 10% share in the broker for $140 million. In addition, it took active participation in the listing of CMC Markets on the London Stock Exchange (LSE) in February 2016. Goldman had since retained an approximate 5% stake in CMC Markets, but probably got disappointed over the continuous decline of CMC Markets' stock price.