Important information

• Access to website

  CMC Markets' CFD services are not available to US residents.

  These website terms (“Terms”) are between you, and us, CMC Markets Germany GmbH. In these Terms we may refer to ourselves as “we”, “us”, “our”, “ours” or “ourselves”, as appropriate. Similarly, you may be referred to as “you”, “your", “yours” or “yourself”, as appropriate in relation to these Terms.

  You should also take into account our additional website terms relating to your privacy and our use of cookies to enhance your web browsing experience:

  • Our Privacy Policy sets out how we process any personal data we collect from you, or that you provide to us. By using this website, you consent to us processing this data and you warrant that all data provided by you is accurate, and that you either own the data or have the express right to share the information with us.

  • Our Cookie Policy sets out information about the use of cookies and web beacons on the website.

  This website and the copyright in all text, graphics, images, software and any other materials on this website is owned by CMC Markets Germany GmbH ('CMC') or its licensors. You may only use the materials on this website solely for your own personal use and non-commercial purposes, unless otherwise expressly authorised by these terms of use.

  You may display on a computer screen or print extracts from this website for the above-stated purpose only and without alteration, addition or deletion. Except as expressly stated herein, you may not without CMC's prior written permission alter, modify, reproduce, distribute or commercially exploit any materials from the website.

  You acknowledge that 'CMC Markets' and the CMC logo are trademarks of CMC. You may reproduce such trademarks without alteration on material downloaded from this website to the extent authorised above, but you may not otherwise use, copy, adapt or erase them without CMC's prior written permission.

  The information on this website is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. By using our site, you confirm that you accept these Terms and that you agree to comply with them. If you do not agree to these Terms, you must not use our site.

• Third parties materials and websites

  The names and logos of other companies appearing on this website may be the trademarks of third parties and are used by CMC with the permission of their respective owners.

  This website may contain materials produced by third parties or links to other websites. Such materials and websites are provided by third parties and are not under CMC's direct control and CMC accepts no responsibility or liability in respect of any such third party materials or for the operation or content of other websites (whether or not linked to this website). You acknowledge that CMC shall be entitled to require you to remove any link from another website to this website which you install without obtaining CMC's prior written consent.

• Notices

  We may send notices to the email address provided to us by you. It is your responsibility to ensure that you notify us of any change to your email address. Any notice sent by us to your email address shall be deemed to have been delivered at the time of sending.

• Advice

  The content on our site is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

• CMC's liability

  Although CMC updates the website on a regular basis, it does not warrant that the information or materials contained on the website are current or accurate or that any of the products or services featured on the website are available. CMC may change the materials appearing on this website at any time without notice.

  Save as stated above in respect of the services, this website and all software and other materials on this website is provided to you on an 'as is' and 'as available' basis without warranty as to accuracy, timeliness or completeness. To the maximum extent permitted by law, all representations and warranties, whether express, implied, statutory or otherwise, including without limitation any warranties or conditions of or related to accuracy, currency, merchantability, satisfactory quality or fitness for a particular or any purpose are hereby excluded.

  Except in respect of our liability for fraud and injury or death of any person resulting from our negligence, CMC shall not be liable to you, whether in contract, tort (including negligence and breach of statutory duty), strict liability, or otherwise for any damage to your computer or computer system or settings, loss of data, revenue or profits, or for any indirect, special, incidental or consequential damages of any nature whatsoever which you may suffer arising out of your use, delay in using, or inability to access this website, or in any other way connected with this website, including without limitation from the downloading of any software from this website. CMC disclaims any representation or warranty that the website or materials will meet your requirements or that the website or any software will be uninterrupted, secure or free from errors or viruses.

• Indemnity

  You agree to indemnify, defend and hold CMC, its parent companies, subsidiaries, affiliates, partners, officers and employees harmless from any loss, cost, damage, claim or demand, including reasonable legal fees, made by any third party or incurred or suffered by CMC or its parents, subsidiaries, affiliates, officers or employees arising out of, or in connection with, your use of the website (including the trading platform through a demo account) in culpable breach of these Terms or negligence.

• Entire agreement

  These Terms (and, to the extent applicable, CMC´s Terms of Business) contain the entire agreement between you and us relating to your access and use of this website. CMC may change these Terms at any time and will notify you of such changes by posting an updated version of these Terms on this website. You are responsible for regularly reviewing these Terms and if you use this website (including using the trading platform via a demo account) after any such changes are published. Such use shall constitute your agreement to such changes.

• Applicable law

  This website (including these Terms) shall be governed by German law and the German courts shall have exclusive jurisdiction over any disputes arising from this website.

  We amend these Terms from time to time. Every time you wish to use our site, please check these Terms to ensure you understand the terms that apply at that time.

• Company details

  The registration details of CMC Markets Germany GmbH are:
  Registered address: Garden Tower, Neue Mainzer Str. 46-50, 60311 Frankfurt am Main, Germany
  Registered in the Commercial Register at the Local Court of Frankfurt am Main, Germany;
  Registration Number: HRB 114199
  VAT ID Number: DE322598988
  Email: eusupport@cmcmarkets.com

• Regulatory information

  CMC Markets Germany GmbH is authorised and regulated as a financial services provider by the German Federal Financial Supervisory Authority (BaFin) and is subject to its supervision. It appears on the BaFin Register with registration number154814.

  Further information may be obtained from the BaFin Register by visiting the BaFin website: portal.mvp.bafin.de/database/InstInfo/

These demo platform terms of use (“Terms”) are between you, and us, CMC Markets Germany GmbH (“CMC”) as appropriate. In these Terms we may refer to ourselves as “we”, “us”, “our”, “ours” or “ourselves”, as appropriate. Similarly, you may be referred to as “you”, “your “yours” or “yourself”, as appropriate in relation to these Terms.

CMC's demo account is a risk-free simulation of our trading platform. If you register for a demo account to trial CMC's trading platform, CMC grants you a personal, nonexclusive, revocable and non-transferable licence, to access and make personal and non-commercial use of the demo platform for the limited purpose of trialling CFD trading in accordance with these Terms. No other rights are granted in respect of the platform.

The demo platform is for demonstration purposes only and any trades you place do not create any rights or obligations between us and you. The information, content and functionality including pricing and order execution of the demo platform may differ from the live CMC trading platform. CMC does not warrant that any information, content or functionality of the demo platform will display, operate or otherwise perform in the same way as the live CMC trading platform. Please note that shares on a CFD demo trading account are available for a limited period due to exchange restrictions.

By opening a demo account with CMC, you confirm that you will not:

• (a) copy, reproduce, or duplicate the platform or any content or data displayed on the website;

• (b) authorise any other person to use the platform;

• (c) link to the platform;

• (d) modify, translate, reverse engineer, decompile, disassemble (except and solely to the extent applicable law expressly and specifically prohibits such restrictions), or create derivative works based on the platform or any of its contents or any content or data displayed on the website;

• (e) modify the operation of the platform;

• (f) re-distribute, re-sell, re-transmit, publish, sub-licence, disclose, display or make commercial use of the platform or any content or data provided within the platform or website;

• (g) download or copy account information other than if required to do so by an official body or for personal use;

• (h) use data mining, robots or similar data gathering and extraction tools on the platform;

• (i) attempt to gain unauthorised access to the platform, the server on which the platform is stored or any server, computer or database connected to the platform;

• (j) knowingly introduce viruses, trojans, worms, logic bombs or other material or code which is malicious or technologically harmful; or

• (k) attack the platform via a denial-of-service attack or a distributed denial-of-service attack.

CMC reserves the right to indefinitely suspend your demo account and take other legal action against you if you commit any of the prohibited acts specified above.

When you register as a client of CMC and utilise CMC's services, you will be asked to accept CMC's Terms of Business. These Terms of Business govern your legal relationship with CMC and CMC's liability to you in relation to the services to be provided under these Terms of Business.

The content of this website is not independent financial analysis but is part of our marketing communications. Consequently, the legal and regulatory provisions relating to independent financial analyses do not apply to this website. Any material on this website (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

Although the information set out on this website is obtained from sources believed to be reliable, CMC does not guarantee its accuracy or completeness. All information is indicative and subject to change without notice and may be out of date at any given time. CMC or the authors shall not be responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

This material may include charts displaying financial instruments' past performance as well as estimates and forecasts. Any information relating to past performance of an investment does not necessarily guarantee future performance.

All quotes, prices and charts not specifically labelled represent the prices provided by CMC as market maker on its Next Generation trading platform. These prices may differ from the current exchange and market prices for the respective reference instrument.

This notice relates to the Reuters newsfeed on our platform.

Thomson Reuters. All rights reserved. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is prohibited without the prior written consent of Thomson Reuters. www.thomsonreuters.com

Refinitiv. Republication or redistribution of Refinitiv content, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. Refinitiv is not liable for any errors or delays in Refinitiv content, or for any actions taken in reliance on such content. Refinitiv's logo is a trademark of Refinitiv and its affiliated companies. www.refinitiv.com

The 1-Click Trading feature allows you to open or close a CFD Margin Trade with just one click. Once a CFD Margin Trade size has been entered, clicking once on the buy or sell Price will send the Order straight through for processing.

You will not be asked to confirm the Order, it will be placed immediately.

Before you can use 1-Click Trading on your Account, you will need to carefully read and then accept these terms on the platform.

The Chart Forum feature on our platform allows you to chat with fellow analysts and traders. Please read the following terms carefully.

These terms apply to you whether you are a client with a live account or a demo account user (although a demo account user has only “read-only” access to the Chart Forum). They summarise what we consider is acceptable and unacceptable content and use of the Chart Forum. We may update the terms from time to time, so please read them before posting any content on the Chart Forum. These terms will be available to you on the Chart Forum itself, should you need to refer back to them at any time.

Chart Forum Terms of Use

CMC’s conflicts of interest policy ("Policy") sets out the procedures and controls which help us identify, prevent and appropriately deal with conflicts of interest, whether actual, apparent or potential, in respect of our obligations to clients. CMC subjects all group companies, employees, appointed representatives, own agents, contractual partners and any other person directly or indirectly under CMC's control to these principles.

• Objective

  The objective of the Policy is to ensure that conflicts of interest within CMC are identified, prevented and managed appropriately and, where necessary, disclosed in order to provide an appropriate service to clients in accordance with the rules and principles of the German Federal Financial Supervisory Authority ("BaFin").

• Application

  This Policy applies to all of CMC’s BaFin regulated activities and activities in connection with or for the purposes of such regulated activities, including outsourced activities provided by a third party. All employees are obliged to adhere to these principles.

• Identifying conflicts of interest

  CMC applies systems and procedures for the early detection of potential conflicts of interest. As soon as a conflict of interest is identified, measures are taken to resolve the problem appropriately. In assessing whether a conflict of interest has arisen, CMC will consider, amongst other things, whether:

  • CMC is likely to make a financial gain, or avoid a financial loss, at the expense of the client; or

  • an employee of CMC is likely to make a financial gain, or avoid a financial loss, at the expense of the client; or

  • a client of CMC is likely to make financial gain or avoid a financial loss at the expense of another client.

• Managing Conflicts of Interest

  CMC has measures in place to recognise and resolve conflicts of interest. These include a range of organisational and administrative mechanisms aimed at safeguarding client interests and minimising potential conflicts.

  CMC has a catalogue of measures in place to mitigate conflicts of interest and control the movement of confidential data. A non-exhaustive list of some of the arrangements CMC adopts in order to manage conflicts of interest are:

  • Segregation of duties and supervision for persons engaged in different business activities including procedures for ensuring appropriate communication between business units;

  • Personal account dealing restrictions applicable to all staff and their associates, regardless of seniority;

  • Supervision of the sources of remuneration of relevant persons;

  • Protocols to ensure that no improper inducements are given or received and proper inducements are disclosed appropriately;

  • Gifts and personal benefits procedures including a gift register recording the solicitation, offer or receipt of certain benefits;

  • External directorship policy, including the requirement for all external directorships and outside business interests to be declared; and

  • The provision of training to directors and employees of CMC Markets on conflicts of interest management.

• Conflicts disclosure

  If arrangements made by CMC are not or cannot be sufficient to ensure, with reasonable confidence, that risks of damage to the interests of a client will be prevented, CMC will disclose the general nature and/or source of conflicts of interest and the steps taken to mitigate those risk before undertaking business for/with the client.

Categorisation as a non-professional investor

To qualify as a private investor and in relation to your use of the information we provide, you must fulfil the following conditions:

• You are not using our information in the course of your employment or for business purposes of any kind and only for your personal investments with us;

• You are not registered with any securities commission, regulatory authority or self-regulatory organisation;

• You are not a financial services provider and are not employed as a financial advisor;

• You are not professionally engaged in the allocation and distribution or other provision of information.

Calculation of commissions and minimum commissions

For reasons of transparency, we calculate the commission separately from our spread. Details of any commissions, if charged, can be found in the product list on the platform for each CMC product.

If commission is incurred on the execution of an order (when opening or closing a transaction on or after 30 June 2012), the relevant amount will be deducted from your cash in your account as soon as that order or transaction is executed. You are required to regularly monitor the trading account value of your trading account and ensure that there is sufficient cash to pay any commission in full.

If you have any questions about these changes, please contact our customer service team.

The following commissions and minimum commissions apply:

How you can make a deposit

Please note that deposits can only be made from accounts in the name of the trading account holder. Deposits from third parties are not accepted and will be returned to the relevant bank account. Cash deposits are not possible.

Please enter your CMC account number as the reason for payment on the bank transfer form.

Please note that Sepa-transfers are not possible for deposits with CHF and USD. In this case, please use the conventional foreign bank transfer.

To withdraw money from your live account, simply click on the "Payments" icon and the "Withdrawals" tab. Enter the amount you wish to withdraw and click on "Withdraw money". The system will then process the payment for you. You can also contact our customer service team who can make the withdrawal for you. Please note that your reference account (= payout account) must be verified with us so that a payout can be made to this account, ie you yourself must be the account holder and you must prove your account ownership to CMC in a suitable form (e.g. bank confirmation).

Please note:

*If your bank details are on file with us and verified, withdrawals initiated before 11:00 am can leave our bank account on the same day. If your bank details are not on file, you will be asked for this information before we initiate the payment.

**We cannot arrange payment to third parties.

***Fees may be higher for international transfers. For more information, please contact our customer service team.

According to the information in your application form, you are registered as a "non-private investor" in connection with price data because you fulfil one of the conditions listed below:

• The account was not opened for personal use (ie the account was opened in connection with a trade or business or an investment fund with a professional asset manager);
• You are currently registered or qualified as a professional securities dealer or investment adviser with a national or state securities exchange, regulatory authority, professional body, securities agency, trade association or professional organisation;
• You are currently acting as an investment adviser;
• You are using the account for a purpose other than managing your personal assets, such as a public trader or investing company funds.

Therefore, if you subscribe to price data for corporate CFDs, you will be charged the fees for non-private investors.

If you have any questions regarding your registration as a non-private investor in connection with price data, please contact our customer service team.

• Right to revocation:

  You can revoke your contractual declaration to participate in our platform and to open a trading account within 14 days without giving reasons in text form (e.g. letter, fax, email). The period begins after receipt of this instruction in text form, but not before conclusion of the contract and also not before fulfilment of our information obligations pursuant to Article 246 § 2 in conjunction with § 1 para. 1 and 2 EGBGB and our obligations pursuant to § 312e para. 1 sentence 1 BGB in conjunction with Article 246 § 3 EGBGB. Timely submission of the termination is sufficient to comply with the termination period. The termination is to be sent to:

  CMC Markets Germany GmbH
  Garden Tower
  Neue Mainzer Str. 46-50
  60311 Frankfurt am Main
  Germany

• Consequences of revocation:

  In the event of an effective revocation, the services received by both parties must be returned and any benefits derived (e.g. interest) surrendered. If you are unable to return the goods or services received in full or in part or only in a deteriorated condition, you may have to compensate us for the loss in value. This may mean that you must nevertheless fulfil the contractual payment obligations for the period up to the revocation. Obligations to reimburse payments must be fulfilled within 30 days. The period begins for you when you send your revocation notice and for us when we receive it.

• Special notes:

  Your right of revocation expires prematurely if the contract has been completely fulfilled by both parties at your express request before you have exercised your right of revocation.

  No right of revocation with regard to the conclusion of transactions:

  As CMC provides financial services as part of its platform, the price of which is subject to fluctuations on the financial market over which CMC has no influence and which may occur within the revocation period, you have no right of revocation with regard to the conclusion of transactions on the platform.