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S&P 500 CFD spreads at CMC Markets explained

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Eszter Z.
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Are S&P 500 CFD spreads low at CMC Markets as of November 2023?

Exciting news! CMC Markets offers low S&P 500 CFD spreads, giving traders a competitive advantage.

At CMC Markets, the S&P 500 CFD spread is 0.6, while the average spread is 0.7 among 53 brokers reviewed by BrokerChooser.

Analyzing S&P 500 CFD Spreads: Ranking 53 Brokers by BrokerChooser
S&P 500 CFD spread
S&P 500 CFD spread fee class
0.5 Low
0.4 Low
0.2 Low
0.2 Low
0.2 Low
0.3 Low
0.4 Low
0.3 Low
0.4 Low
0.3 Low
0.4 Low
0.6 Low
0.4 Low
0.4 Low
0.4 Low
0.4 Low
0.4 Low
XM
0.5 Low
0.4 Low
0.4 Low
0.4 Low
IG
0.4 Low
0.6 Low
0.4 Low
0.4 Low
0.5 Low
0.5 Low
0.5 Low
0.5 Low
0.5 Low
0.5 Low
0.6 Low
XTB
0.6 Low
0.6 Low
0.6 Low
0.6 Low
0.6 Low
0.6 Low
1.0 Average
0.6 Low
0.7 Low
0.8 Low
0.9 Average
Axi
0.5 Low
1.0 Average
0.8 Average
1.1 Average
1.7 High
1.5 High
FBS
1.5 High
3.0 High
1.0 Average

Data updated on November 13, 2023

Summary

  • Spreads are the fees charged by brokers for facilitating trades on their platforms.
  • Low spreads mean lower trading costs, benefiting you as a trader.
  • By offering low spreads, brokers can potentially increase your profit margins and minimize your losses.
  • It's crucial to educate yourself about CFD trading, as it involves high risks that can impact your investments.
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67% of retail CFD accounts lose money
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S&P 500 CFD spreads and costs at CMC Markets

Now, let's check the S&P 500 CFD spreads and costs in detail at CMC Markets!

S&P 500 CFD spreads and costs
💹 S&P 500 CFD spread 0.6
📊 S&P 500 CFD spread fee class Low
💰 S&P 500 CFD fee The fees are built into the spread, 0.6 points is the average spread cost during peak trading hours.
📈 S&P 500 CFD benchmark fee $2.9

The data presented in the table was collected on May 24, 2023.

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67% of retail CFD accounts lose money

What is S&P 500 CFD trading?

S&P 500 CFD trading speculates on price movements of the S&P 500 index using CFDs, offering profit potential without owning stocks but with associated risks.
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What is the spread?

The spread in trading is the difference between the buy and sell price of a financial instrument, representing the broker's commission. A lower spread means lower trading costs for traders, impacting potential profits and losses.
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Is a financing rate charged at CMC Markets?

At CMC Markets, the financing rate for S&P 500 CFDs is 6.8%, offering competitive terms for traders seeking to hold positions overnight.

The data regarding the financing rate for S&P 500 CFDs was collected on May 24, 2023.

What does the CFD financing rate mean?

CFD financing rate is the cost or credit for holding a position overnight, based on interbank lending rate and broker's markup, applied daily.

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BrokerChooser score
4.4 4.4 /5
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67% of retail CFD accounts lose money
CMC Markets is not available in the United States
Check out the best alternatives

Looking for a CFD broker?

If you are interested in finding CFD brokers with the most favorable trading conditions, check out our top recommendations for the best CFD brokers in the world.

Read Best CFD Brokers article

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Further reading

Author of this article

Eszter Zalán
Eszter Zalán

Eszter is a former Editor and Financial Journalist for BrokerChooser. She wrote and edited BrokerChooser's content from 2021 onwards, bringing her more than a decade-long experience in journalism to the team. She has covered world affairs and several financial crises, and dove deep into SEO and coding to make BrokerChooser's content more accessible to users.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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