The CMC Markets mobile app is aesthetically beautiful and features several research tools, advanced charts, predefined watchlists, integrated news, and educational content. CMC Markets’ mobile App is top-notch, period.
Saxo Bank and TD Ameritrade, two industry giants, offer a solution that syncs indicators posted to their internet platforms with their mobile counterparts. CMC Markets’ mobile App doesn’t sync with the web version, but your watchlists will, and if you customize a chart with indicators, you can use that design on other charts.
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App Overview
Tablet, iOS, and Android apps are available with CMC Markets. The objective of the iPhone and Android apps was to cater to the needs of the frequent CFD trader. Both provide real-time market data, charts, alerts for when orders are about to be executed, news from Reuters, and the CMC Markets customer sentiment index.
CMC Markets’ Next Generation trading platform is integrated into the iPad trading app, using the iPad’s capabilities and a larger screen. There are extensive trading tools and fully adjustable interfaces in this iPad app. Traders on the go will find all the tools they need across all three mobile apps.
Charting
CMC Markets’ mobile App, in terms of its charting capabilities, is on par with the web-based Next Generation platform. CMC Markets’ offering is better than many rivals, but only 29 of 86 technical indicators are available.
Market research on App
The Next Generation mobile app provides access to research produced by CMC Markets’ in-house staff, including the Intraday Update, Morning Call, Evening Call, and more. Twenty-three trading technique films are included in addition to CMC TV, integrated instructional content, webinars, and other video study aids. When the time of an event or news release that you’ve subscribed to on CMC Markets’ economic calendar draws near, you’ll receive an alert.
Other tools
The preconfigured watch lists in the CMC Markets mobile app are great for finding trading opportunities. Popular items, price movers, and hot niches are all on the list of things to keep an eye on.
Market Research
Research Overview
Data News, CMC TV, a monthly print magazine, and the Opto Trading intelligence platform (consisting of articles, podcasts, and a quarterly print magazine) are examples of the in-house content that populates CMC Markets’ research offering. The range also includes information from Reuters and Morningstar.
Market news and analysis
CMC Markets’ News and Analysis section features Reuters news headlines and excellently written research from the company’s staff of analysts. The market coverage in the Insight and Weekly Outlook series is extensive and can be filtered by asset type. More articles, including daily market analysis pieces covering global markets, are available on the CMC Markets Opto Trading Intelligence portal.
Video content
CMC TV is the leading in-house television service at the broker, producing high-quality market analysis videos in style similar to that of IG’s IG TV. As I discovered, the Opto CMC channel of CMC Markets actively creates high-quality content, such as interviews with industry experts and weekly news broadcasts from ETFTV. However, the company’s main YouTube channel released material less frequently in 2021.
Why CMC Markets?
The following summarizes the main benefits of trading CFDs through CMC Markets.
• Multi-asset Contracts for Difference (CFD) trading
CMC Markets is a CFD trading specialist, meaning that clients buy and sell contracts whose prices are determined by the underlying markets. There are over 330 forex instruments and proprietary forex indices available for trading at CMC Markets, as well as over 10,000 shares and ETFs, over 110 commodities, 12 cryptocurrencies, 22 share baskets, 100 stock indices, and over 50 interest rate and government bonds securities available for trading via CFDs.
• Powerful Trading Platform
Additionally, to support the widely used MT4 platform from MetaQuotes, CMC Markets provides its own robust web-based trading platform known as Next Generation and mobile apps for the iOS and Android operating systems. More than forty widely used indicators and drawing tools are included in the sophisticated mobile App.
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Our Verdict
CMC Markets is a favorite among foreign exchange (FX) and contract for difference (CFD) traders due to its competitive spreads, wide range of instruments, and reasonable prices. In addition to being stable and versatile, the CMC Markets Next Generation platform provides users with a wide range of configuration options and personalization features.
For 2022, CMC Markets has been recognized as the best across a battery of ten key performance indicators.
