CMC Markets
Published: Updated:
- Trust score
- 5/10
- Legal simplicity
- 6/10
- Min. deposit
- 0
- Trading platforms
- Payment systems
- Instruments
- Forex, Indices, Commodities, Metals, Energies, Stocks, Bonds, ETFs, Cryptocurrencies
- Legal entity
- CMC Markets plc
- Jurisdiction
- United Kingdom
- Fees
- CMC prices forex and index CFDs on marked-up spreads with no commission and charges commission on share CFDs. Overnight holding costs apply and are published as a formula. A monthly inactivity fee applies after a period without trading.
- Withdrawals
- Withdrawals go to the original funding method or a bank account in the client's name, normally processed the same business day when requested before the cut-off.
Features
- Seminars and training
- Daily analyst insight
- Low initial deposit
- Islamic accounts
- Segregated accounts
- Wide range of trading instruments
Pros
- No differentiating advantages are identified for CMC Markets.
Cons
- No specific drawbacks are identified for CMC Markets.
CMC Markets is a forex and CFD broker founded in 1989 and headquartered in Great Britain, listed on the London Stock Exchange. It operates through six regulated entities across Australia, New Zealand, Canada, the UK, Germany and Singapore, but does not accept clients from the USA, Argentina, Brazil, Mexico, Ukraine, Belarus, South Africa, Yemen, Iran and a few other countries.
Seminars and training, daily analyst insight, a low initial deposit, Islamic and segregated accounts, and a wide range of trading instruments.
CMC Markets is a forex and CFD broker founded in 1989 and headquartered in Great Britain, listed on the London Stock Exchange. It does not accept clients from the USA, Argentina, Brazil, Mexico, Ukraine, Belarus, South Africa, Yemen, Iran and a few other countries.
Regulation and offices
CMC Markets operates through six regulated entities: CMC Markets AU in Australia (ASIC), CMC Markets NZ in New Zealand (FSPR and FMA), CMC Markets CA in Canada (IIROC), CMC Markets UK in the United Kingdom (FCA), CMC Markets DE in Germany (BaFin), and CMC Markets SG in Singapore (MAS). Trading conditions vary by jurisdiction, so check the terms that apply to your entity before opening an account.
Leverage and investor protection
Leverage is capped at 1:30 for EU traders and, since 2024, for Australian traders too. New Zealand, an offshore jurisdiction for CMC Markets, allows leverage up to 1:500. Lower leverage in the EU and Australia comes with state guarantee schemes and loss-compensation mechanisms in case of broker insolvency; UK client deposits are FSCS-insured up to £85,000.
Trading platforms
CMC Markets' own Next Generation platform is browser-based with an advanced, user-friendly interface; CFDs on shares are only available through it. Traders who prefer a traditional platform can use MT4 instead.
Trading instruments
The broker lists around 10,000 instruments in total: more than 300 currency pairs, over 9,000 share CFDs and ETFs, 60 major stock indices, 90 commodities, 30 bonds and 15 cryptocurrencies. UK traders also have the option of spread betting.
Spreads, deposits and fees
Spreads start from 0.7 points on major currency pairs, with narrower spreads available to professional clients. There is no minimum deposit requirement. Supported payment methods are bank transfer and Visa/Mastercard. An inactivity fee of £10 is charged annually on accounts with no trading activity.
Other features
- Islamic (swap-free) accounts
- Segregated client accounts
- Seminars, training and daily analyst insight, including CMC TV market commentary
- Partner/affiliate program
- PAMM accounts, social trading, trading signals and VPS are not offered
- Customer support available 24/5
Is CMC Markets right for you?
CMC Markets suits traders who want multi-jurisdiction regulation, a very wide instrument range, and no minimum deposit. Its leverage is capped in the EU and Australia, and share CFDs require the Next Generation platform rather than MT4. Compare it against other reviews and our broker rating before opening an account.
Trading conditions
CMC Markets is listed on the London Stock Exchange and has been in the market since 1989, which makes it one of the longest-running names in retail CFDs and one of the few that publishes audited group accounts.
Its instrument list runs to more than ten thousand products, and its own Next Generation platform is generally regarded as among the strongest charting environments any broker supplies — considerably more capable than the MetaTrader 4 option it offers alongside.
Retail leverage under FCA rules is capped at 30:1 on major currency pairs, with negative balance protection, margin close-out at 50% and client money under FCA client asset rules with FSCS cover for eligible claims. Canadian clients trade under CIRO rules with CIPF cover.
Verification
Onboarding follows UK standards: electronic identity verification where records match, documents where they do not, plus an appropriateness assessment for leveraged products.
Check the inactivity fee if you trade infrequently — CMC applies a monthly charge after a defined period without activity, and on a small dormant balance it accumulates faster than most clients expect.
