The mobile app from CMC Markets offers outstanding graphing, in-house research, and integrating instructional content in a superb, well-thought-out package.
The mobile app from CMC Markets has a simple appearance and is loaded with features including several research tools, robust charts, preconfigured watch lists, integrating news and instructional material, and more. In conclusion, CMC Markets provides an excellent mobile app experience.
Indicators uploaded to the online version do not instantly sync with its phone counterpart, a feature offered by market leaders Saxo Bank and TD Ameritrade. This is the only small negative I could find. However, once indications have been included, the layout may be stored as a preset and applied to other charts on the CMC Markets mobile app, and government watch list do sync with the web-based version.
Table of Contents
App overview:
The CMC Markets phone application closely matches the web-based edition of its Next Generation platform in terms of overall appearance and feel. There is little doubt that CMC Markets spent a lot of time developing the app, especially considering the difficulty of arranging so much data on a screen that is so small.
Charting:
The Next Generation platform’s charting on the CMC Markets mobile app is just as spectacular as it is on the web. Despite the fact that just 29 of the 86 technical analyses are available, CMC Markets still has a robust selection compared to many of its rivals.
Market analysis:
The internal team at CMC Markets offers market analysis for the Daily Update, Morning Call, Midnight Call, and Price Mover subcategories, as well as a plethora of other topics that are accessible through the Next Generations mobile app. CMC TV, integrated instructional materials, webinars, and 23 trading strategy-related films are some of the study resources available. A noteworthy beneficial feature is that, after subscribing to an event in the economic calendar of CMC Markets, you will get an alert when the time of the event or press release is approaching.
Other resources:
The CMC Market mobile app’s pre-made watch lists are excellent for spotting trade opportunities. Popular goods, price changers, and currently popular categories are all included in watch lists.
CMC Market Overview:
Thanks to its broad selection of both in-house and outside market research and analysis which makes it the best Australia forex broker, CMC Markets has consistently earned our Best in Class award for its research service.
Overview of the study:
CMC Markets’ in-house material is widely available through its research offerings, including as the Insights News module, the bimonthly print magazine CMC TV, and the Opto Trader intelligence site, which offers articles, podcasts, and a print magazine produced every four months. Additionally, there is third-party material from Morningstar and Reuters.
Market news and analysis:
CMC Markets’ team of analysts also offers high caliber written research that is accessible under its News and Analysis section, in addition to headlines from Reuters. Broad market coverage is offered through the Insight series and Quarterly Outlook series, which both allow for asset class filtering. The CMC Markets Opto Trading Information page also includes daily market data articles that cover international markets.
Video content:
CMC TV, the broker’s premier in-house programming service (equivalent to IG TV, which is a comparable service), creates excellent market analysis videos. While CMC Markets’ primary YouTube channel published material less regularly in 2021, I discovered that its Opto CMC channel consistently produces high-quality content, including discussions with business leaders and news videos from ETFTV.
Frequently asked questions
What platform can I use for trading?
Even the most demanding traders will be impressed by the CMC Market Next Generation trade platform since it is a market leader and is brimming with useful tools and features. But still, you should go and check CMC markets reviews.
Usability of the platforms:
Next Generation’s design, which prioritizes speed and usability, left a lasting impression on me throughout my testing of CMC Markets’ platforms. The platform’s layout wizard gives you the option of established layouts or bespoke settings, as well as floating or fixed windows. Five layers of color-coded module coupling are available. By triggering an update to the instruments presented on your chart when you tap on the matching symbol in your watchlist, this practical feature helps you save time. The platform’s simplicity of use is like Saxo Bank’s SaxoTraderGO platform, another one of my favorites, even if setting the platform up if you don’t utilize the default layout takes some effort.
