The US presidential election takes place on Tuesday 3 November, 2020, and while the first exit polls could come in at around 4am (UK time) on 4 November, there may be a longer wait this time due a predicted increase in postal voting. To win, either Trump or Biden must win a majority of the electoral votes (270 of 538), with the victor beginning a four-year term of office on 20 January 2021.
How will the US election impact your trading? See how key instruments are likely to be affected and how our clients are positioned.
Complete and submit our straightforward online application form. Apply now
Deposit funds easily with a debit card, bank transfer or PayPal.
Once you’ve funded your new account, you’re ready to start trading.
Trade CFDs on indices, forex, commodities, cryptos, shares and more from our award-winning platform*.
Favourites like the US 30 and UK 100 trade 24/5, so you don’t have to stop when the markets do.
We’re happy to help with all your trading-related queries, whenever you need us during trading hours.
Get broader access to the market from a single position with our exclusive share baskets.
Our award-winning analysts* provide market insights and breaking news alerts.
Tighter spreads, no rollovers and charting back as far as 1992 to help your analysis.
Is it free to open an account?
There's no cost when opening a live spread betting or 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.
What are the costs of spread betting and CFD trading?
There are a number of costs to consider when spread betting, including spread costs, holding costs (for trades held overnight which is essentially a fee for the funds you borrow to cover the leveraged portion of the trade), rollover costs on expiring forward trades, and guaranteed stop-loss order charges (if you use this risk-management tool).
Is CMC Markets UK plc regulated by the FCA?
Yes, CMC Markets UK plc (registration number 173730) and CMC Spreadbet plc (registration number 170627) are fully authorised and regulated by the Financial Conduct Authority (FCA) in the UK. Retail client money is held in segregated client bank accounts and money held on behalf of clients is distributed across a range of major banks, which are regularly assessed against our risk criteria.
Is CMC Markets covered by the FSCS?
Yes, your eligible deposits with CMC Markets are protected up to a total of £85,000 by the Financial Services Compensations Scheme (FSCS), the UK's deposit guarantee scheme. If CMC Markets ever went into liquidation, retail clients would have their share of segregated money returned, minus the administrators' costs in handling and distributing these funds. Any shortfall of funds up to £85,000 may be compensated under the FSCS.
How does CMC Markets protect my money?
As a retail client, your money is always held separately from CMC Markets' own funds, so that under property, trust and insolvency law, your money is protected. Therefore your money is unavailable to general creditors of the firm, if the firm fails.
How does CMC Markets make money?
Our income primarily comes from our spreads, while other fees, such as overnight holding costs, make a minor contribution to overall revenue.
We never aim to profit from our clients’ losses. Our aim is to build long-term relationships by providing the best possible trading experience through our technology and customer service.