CMC Markets has continuously won our Finest in Class award for its research service due to the wide range of both internal and external market research and analysis it offers, making it the Best Trading Platform Australia.
Summary of the study:
The in-house content of CMC Markets is widely accessible through its research offerings, such as the Insights News module, the bimonthly print magazine CMC TV, and the Opto Trader intelligence site, which provides articles, podcasts, and a print magazine produced every four months. There is also outside content from Reuters and Morningstar.
Market news and analysis:
In addition to Reuters headlines, the team of experts at CMC Markets also provides excellent written research that is available under its News and Analysis area. The Insight series and Quarterly Outlook series, which both include asset class filtering, provide comprehensive market coverage. Daily market data articles that cover global markets are also available on the CMC Markets Opto Trading Information page.
Video content:
Excellent market analysis videos are produced by CMC TV, the broker’s top in-house programming service (equal to IG TV, a related service). The primary YouTube channel for CMC Markets published content less frequently in 2021, but I found that its Opto CMC channel constantly creates high-quality content, including interviews with company executives and news videos from ETFTV.
CMC Market Mobile App.
The CMC Markets mobile app combines excellent charting, internal research, and incorporating educational information in a first-rate, well-designed product.
The CMC Markets mobile app boasts a clean design and a huge number of features, such as several research tools, comprehensive charts, preconfigured watch lists, integrated news and educational content, and more. Finally, CMC Markets offers a top-notch mobile app experience.
Market leaders Saxo Bank and TD Ameritrade offer an instantaneous sync of indicators uploaded to the online version with its phone counterpart. This is not the case with this platform. The only minor drawback I could discover was this. On the CMC Markets mobile app, after the indications have been added, the layout may be saved as a preset and applied to subsequent charts, and the government watch list does sync with the web-based version.
App overview:
In terms of overall appearance and feel, the CMC Markets phone application closely resembles the web-based version of its Next Generation platform. Without a question, CMC Markets put a lot of effort into creating the app, especially considering the challenge of fitting so much information onto a little screen.
Charting:
The charting on the Next Generation platform on the CMC Markets mobile app is just as amazing as it is online. CMC Markets still offers a wide variety of technical analysis compared to many of its competitors, even though only 29 of the 86 are currently available.
Market analysis:
Through the Next Generations mobile app, CMC Markets’ internal team provides market analysis for the Daily Update, Morning Call, Midnight Call, and Price Mover subcategories, among many other topics. Among the learning tools provided are CMC TV, integrated teaching materials, webinars, and 23 trading strategy-related DVDs. The ability to receive alerts when the time of an event or press release is near after subscribing to one in CMC Markets’ economic calendar is a remarkable feature.
Additional resources
The pre-made watch lists in the CMC Market mobile app are great for detecting trade opportunities. Watch lists feature popular products, price movers, and currently trending categories.
What trading platform can I use?
The CMC Market Next Generation trade platform will impress even the pickiest traders because it leads the market and is packed with helpful tools and features. However, you should still visit and look at cmcmarkets review.
Usability of the platforms: Throughout my testing of CMC Markets’ platforms, Next Generation’s design, which emphasizes speed and usability, made an effect on me. You have the choice of pre-made layouts or custom settings, as well as floating or fixed windows, thanks to the platform’s layout wizard. There are five tiers of color-coded module coupling to choose from. This useful function allows you to save time by automatically updating the instruments displayed on your chart when you tap on the corresponding symbol in your watchlist. Although it takes some work to set up the platform if you don’t use the default layout, its ease of use is comparable to another of my favourites, Saxo Bank’s SaxoTraderGO.