The platform for professional traders
A CMC Pro account offers access to exclusive rebates, higher leverage and priority service. Professional traders are not subject to regulatory product interventions.
Check your eligibility below and trade with the #1 provider for premium traders in Australia.*
![MT4 & CMC platform](https://images.ctfassets.net/vl2kvsmutclx/7haOwlcLAvACHtLhq5LGsR/7b8944c47023bbb03114993788fb6e31/mt4-cmc-platform.webp?fm=webp&w=1200&q=80)
While a greater amount of leverage will be available to Pro account holders, it is important to note the risks associated with this. CMC Pro account holders are classified as wholesale clients.
If you meet the below eligibility criteria, to open a Pro account with CMC you will need to sign up for an account and apply for a Pro account within the platform.
Are you eligible for a Pro account?
To be eligible for a CMC Pro account, you need to meet the "wholesale client" eligibility criteria under the Corporations Act. If you answer yes to one of these two questions, you could be eligible for a CMC Pro account.
Considerations when calculating your net assets:
Shares, savings and any other investments
Your home, investment properties and land
Value of your business
Other assets such as cars, boats and caravans
Wealth test | Sophisticated test |
---|---|
You have net assets of at least $2.5 million AUD. | Demonstrate your knowledge by completing a short online test. |
OR | AND |
Your gross income for each of the last two financial years is at least $250,000 AUD per annum. | Demonstrate your trading experience:
|
Rebates
If you trade in high volumes as a Pro client, you can qualify for competitive monthly cash rebates. Once you meet the minimum monthly trade volume requirements for one asset class, you will automatically qualify for rebates from your first trade placed on other asset classes.
Forex rebates
How it works
Your total monthly CFD trade value for forex will need to be at least $25M*** to qualify for rebates. When you reach this level, you can earn either 5%, 10%, 15% or 20% depending on the tier you achieve.
Trading volume rebate example
Your total trade value in the month is $250m. You therefore achieve tier 3.
The tier 3 rebate rate is 15% of the spread you have paid in the month.
If you paid $1,000 in spread costs your monthly volume rebate = $150 ($1,000 x 15%).
Level | Turnover Band | Spread Discounts |
---|---|---|
Level 1 | $25M - $100M | 5% |
Level 2 | $100M - $200M | 10% |
Level 3 | $200M - $300M | 15% |
Level 4 | $300M and above | 20% |
Note: ***M denotes million (USD)
All turnover limits and rebate amounts are calculated in USD and paid in your Account Currency.
Pro account margins from
Min Pro margin | Leverage equivalent | Retail margin | Leverage equivalent | |
---|---|---|---|---|
Major FX pairs | 0.20% | 500:1 | 3.33% | 30:1 |
Gold | 0.50% | 200:1 | 5% | 20:1 |
Major Indices | 0.20% | 500:1 | 5% | 20:1 |
Commodities (ex. Gold) | 0.75% | 133.33:1 | 10% | 10:1 |
Shares | 5% | 20:1 | 20% | 5:1 |
Cryptocurrencies | 20% | 5:1 | 50% | 2:1 |
What you should be aware of
Waived protections
While a greater amount of leverage will be available to Pro account holders, there will also be a greater amount of risk.
You will not have negative balance protection, meaning you could lose more than your deposits.
We are not required to provide you with updates to our PDS, FSG or any other document CMC Markets is ordinarily required to provide a retail client.
We are not required to provide you with access to our internal dispute resolution scheme. You may also be excluded from access to the external dispute resolution scheme through the Australian Financial Complaints Authority (AFCA), at AFCA's discretion.
- Priority support
- Exclusive offerings & event invitations
- Tailored research
Check your eligibility today to access priority support, tailored one-to-one services and exclusive product offerings.
Learn moreNot eligible for CMC Pro account?
You can still trade thousands of instruments on our CMC platform or on MetaTrader 4. Access advanced charting, trading tools, trader education and transparent pricing on your platform of choice and join over 1 million global investors who choose CMC to power their financial future.
* Number 1 by share of primary relationships among premium traders Investment Trends 2023 Australia Leverage Trading Report’
**While a greater amount of leverage will be available to Pro account holders, it is important to note the risks associated with this. CMC Markets Pro account holders are classified as wholesale clients. Wholesale client funds will still be protected in a segregated bank account.
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