Shares trading

There's no cost when opening a live CFD trading account. You can also view prices and use tools such as charts, Reuters news or Morningstar quantitative equity reports, free of charge. However, you will need to deposit funds in your account to place a trade. You can find out more about the costs of placing a trade here.

Yes, CMC Markets Canada Inc. is a member of the Canadian Investment Regulatory Organization and a Member of the Canadian Investor Protection Fund. CFDs are distributed in Canada by CMC Markets Canada Inc. acting as principal.

As a CMC client, your money is held separately from CMC Markets’ own money and is held on trust in segregated bank accounts with a Canadian bank. This account is opened and maintained in the name of CMC Markets Canada Inc. We do not use client money to hedge our positions or to meet the trading obligations of other customers. This offers you financial security and you can rest assured that your money with us is protected.

Our income primarily comes from our spreads, while other fees, such as overnight holding costs, make a minor contribution to overall revenue. Our aim is to build long-term relationships by providing the best possible trading experience through our technology and customer service.

Share trading in the underlying market is the buying and selling of company shares with the aim of making a profit. Shares represent a portion of ownership of a public company. At CMC Markets, we offer the opportunity to trade CFDs on shares, so you don’t actually own the underlying share.

One of the features of CFD trading is that you only need to deposit a percentage of the full value of your position to open a trade, known as trading on leverage. Remember, trading on leverage can also amplify losses, so it’s important to manage your risk.

When you trade CFDs on shares on our platform, you don’t buy or sell the underlying share. Instead, you’re taking a position on whether you think the company’s share price will go up or down.

With CFD trading, you buy or sell a number of units for a particular instrument. For every point or unit that the price moves in your favour, you gain multiples of your stake, and vice versa.