The CMC Markets minimum deposit requirement is $0 or a currency equivalent, but CMC Markets recommends $100.

CMC Markets Minimum Deposit - Compared

MinimumDeposit
CMC Markets
Axi
InstaForex
Tickmill
Admirals
Commission-Free
$0
$0
$1
$100
$100
Commission-Based
$0
$0
$1
$100
$100

CMC Markets Minimum Deposit - Pros & Cons

Traders should consider the pros and cons of the CMC Markets minimum deposit.

The pros of the CMC Markets minimum deposits are:

  • Choice of account base currencies
  • No internal deposit fees.
  • Trusted, publicly listed broker.
  • Segregation of client deposits from corporate funds

The cons of the CMC Markets minimum deposits are:

  • Limited number of deposit methods

How to Make a Deposit with CMC Markets

The secure and user-friendly CMC Markets back office handles all financial transactions, which functions similarly to online banking. The name on the payment processor must match that of the CMC Markets account. Traders may deposit via bank wires, credit/debit cards, or PayPal. While the CMC Markets minimum deposit is $0, payment processors may have minimums. CMC Markets recommends a minimum deposit of $100.

CMC Markets Deposit Fees and Deposit Methods

CMC Markets does not levy internal deposit fees. Therefore, if a trader makes a $1,000 deposit into a US Dollar base account, they will receive $1,000. Third-party payment processor costs may apply, and a currency conversion fee of 0.50% exists where applicable. Bank wires have the slowest processing times and usually the highest transaction fees, but they are available to all clients, alongside credit/debit cards.

CMC Markets deposit methods, processing times, and limitations:

Deposit Method
Processing Time
Deposit Currencies
Minimum Single Deposit
Maximum Single Deposit
WithdrawalOption
Bank wires
Bank-dependent
Account base currencies
$0
Undisclosed
Yes
Credit/debit
Instant
Account base currencies
$0
$50,000
Yes
PayPal
Instant
USD, EUR
$0
Undisclosed
Yes

Noteworthy:

  • The CMC Markets back office lists all available payment methods.
  • Traders should consider that withdrawals must follow the deposit path, especially for the initial deposit.

CMC Markets deposit methods vs. similar brokers

DepositMethods
CMC Markets
Axi
InstaForex
Tickmill
Admirals
Bank wires
Yes
Yes
Yes
Yes
Yes
Credit/debitcards
Yes
Yes
Yes
Yes
Yes
Skrill
No
Yes
Yes
Yes
Yes
WebMoney
No
No
Yes
Yes
No
ChinaUnionPay
No
Yes
No
Yes
No
PerfectMoney
No
No
Yes
No
No
Othere-wallets
Yes
Yes
Yes
Yes
Yes
LocalizedMethods
No
Yes
Yes
No
No
Crypto-currencies
No
Yes
Yes
No
No

CMC Markets Deposit Currencies

There is a difference between account base and deposit currencies. The former is the base currency of a trading account, and the latter are currencies available for deposits through payment processors.

CMC Markets supports the following deposit currencies:

  • British Pound
  • Euro
  • US Dollar
  • Australian Dollar
  • Canadian Dollar
  • Norwegian Krone
  • New Zealand Dollar
  • Polish Zloty
  • Swedish Krona
  • Singapore Dollar

Noteworthy:

  • A 0.50% currency conversion fee is charged against deposits made in an unsupported account base currency.

CMC Markets trading account currencies vs. similar brokers

AccountCurrencies
CMC Markets
Axi
InstaForex
Tickmill
Admirals
US Dollar
Yes
Yes
Yes
Yes
Yes
Euro
Yes
Yes
Yes
Yes
Yes
British Pound
Yes
Yes
No
Yes
Yes
Swiss Franc
No
Yes
No
No
Yes
AustralianDollar
Yes
Yes
No
No
No
Others
Yes
Yes
Yes
No
Yes
Total
10
10
3
3
10

Steps for Sending the CMC Markets Minimum Deposit

Depositing at CMC Markets is simple and starts with getting your trading account verified. A copy of a government-issued ID and one proof of residency document usually satisfies account verification.

Here is a step-by-step guide to sending your CMC Markets minimum deposit:

1. Log into your verified trading account, and navigate to the “Funding” tab.

2. Choose your desired payment processor and enter the intended deposit amount. Follow the on-screen instructions and enter your account details. Confirming the deposit completes the process.

3. CMC Markets sends a notification once it credits the deposit to the trading account.

CMC Markets Minimum Deposit Bottom Line

The CMC Markets minimum deposit is $0, but CMC Markets recommends $100 or a currency equivalent. There are no internal deposit fees, but a 0.50% currency conversion fee exists where applicable. Traders can make their CMC Markets minimum deposit via bank wires, credit/debit cards, or PayPal. For more information about CMC Markets, visit our CMC Markets Review.

Broker Comparison

FAQs

What are CMC Markets’ deposit methods?

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CMC Markets offers bank wires, credit/debit cards, and PayPal as deposit methods.

What is the minimum deposit for trading with CMC Markets?

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The CMC Markets minimum deposit is $0. There is no minimum deposit.

Does CMC Markets have a no-deposit bonus?

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No, CMC Markets does not offer a no-deposit bonus or any other bonuses.

DailyForex.com Team
By DailyForex.com Team
The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.