Community Forex Questions
Is CMC markets safe for my money?
With CMC Markets, a publicly traded company that has been trading CFDs and forex for decades (LSE: CMCX), your money is safe. CMC Markets is required by the FCA to keep customer funds separate from its own (unless you agree otherwise). CMC will be able to identify funds in segregated bank accounts as customer funds since they do not pertain to the company.
As of February 2022, CMC Markets had a market capitalization of around £679 million. Risks associated with investing and trading can be reduced by using a well-capitalized broker. Furthermore, depending on the CMC Markets business that holds your account, you may be eligible for reimbursement (depending on the related investor compensation scheme available and whether you are designated as a Professional or Retail trader).
As of February 2022, CMC Markets had a market capitalization of around £679 million. Risks associated with investing and trading can be reduced by using a well-capitalized broker. Furthermore, depending on the CMC Markets business that holds your account, you may be eligible for reimbursement (depending on the related investor compensation scheme available and whether you are designated as a Professional or Retail trader).
Apr 19, 2022 03:13