CMC Markets Commission and Fess Details

When you choose a broker, it’s crucial to consider fees. CMC Markets is a broker that aims to keep its fees low to help you earn more money. They focus on CFD and forex trading. The main costs to watch out for are spreads and financing rates (overnight fees), with commissions being less significant. It’s essential to grasp these commissions, as they can impact your trading profits or losses. Before you make any trades, make sure to check the commission rates to understand how much you’ll pay. Let’s see what commission rates CMC Markets provides.

Commission Structure at CMC Markets

CMC Markets doesn’t charge commissions, which is good news. Commissions are extra fees you pay when you trade, but with CMC Markets, you don’t have to worry about that. We looked at how CMC Markets compares to other brokers in terms of fees, and we found that overall, CMC Markets has pretty low fees compared to others.

Here’s a quick look at CMC Markets’ commissions with other brokers:

Asset	CMC Markets	IG	XTB
Forex	Low	Low	Low
CFD	Average	High	Low
Financial Rates	Low	Average	Low

CMC Markets Forex Fees

Trading forex with CMC Markets won’t cost you much. Here’s a breakdown of their fees for different currency pairs:

EURUSD: The average spread cost during busy trading times is 0.7 pips.

GBPUSD: During peak hours, the average spread cost is 0.9 pips.

Explanation of CFD Commission Rates

When you trade share CFDs (contracts for difference) on our platform, we charge a commission to your account when you make a trade.

To understand how we calculate commission on share CFDs, check out our examples below. You can also see the commission rates for each country in the table.

Examples with Spanish shares

For Spanish share CFDs, the commission rate is 0.10%, with a minimum charge of €9.00.

Example 1:

If you trade 2500 units of Banco Santander at €5.20 each, your commission would be €13.00:

2500 units x €5.20 price = €13,000 x 0.10% = €13.00

Example 2:

But if you trade 1000 units of Banco Santander at €5.20 each, your commission would be €9.00, the minimum charge:

1000 units x €5.20 price = €5200 x 0.10% = €5.20

Since the actual commission is less than €9.00, we apply the minimum charge of €9.00.

Example with US shares

For US share CFDs, the commission is 2 US cents per share, with a minimum charge of $10.

Example:

If you trade 600 units of Caterpillar at $80.95 each, your commission would be $12.00:

600 units x $0.02 commission per unit = $12.00

But if you trade 300 units of Caterpillar at $80.95 each, your commission would be $10.00, the minimum charge:

300 units x $0.02 commission per unit = $6.00

Since the actual commission is less than $10.00, we apply the minimum charge of $10.00.

For non-US shares, we calculate commission as a percentage of the order value. For US shares, it’s 2 cents per share.

All commission charges will be converted to your account currency using our prevailing currency conversion rate.

Conclusion

CMC Markets provides traders with competitive pricing and doesn’t charge commissions in many cases. It’s vital to understand these commissions because they can affect your trading profits. Before you trade, check the commission rates to know how much you’ll pay. CMC Markets doesn’t ask for commissions, which is great. Compared to other brokers, CMC Markets usually has low fees. So, trading forex with them won’t cost you much. If you’re still unsure about which broker to pick, we have already reviewed a bunch of top brokers to help you make an informed decision.