CMC Markets Overview
| Website | cmcmarkets.com |
| Year Founded | 1989 |
| Countries of Registration | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
| Website Languages | English, German, Spanish, French, Italian, Polish, Swedish, Norwegian, Chinese |
| Regulators | FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $1 |
| Account Currencies | USD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGD |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), CMC Markets |
| Trading Assets | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities |
Brief look at CMC Markets
CMC Markets is a well-established forex and CFD broker founded in 1989, renowned for its robust trading platforms, competitive spreads, and extensive range of tradable assets. With a global presence and regulation in top-tier jurisdictions, the broker caters to both beginners and experienced traders. CMC Markets offers access to forex, indices, commodities, cryptocurrencies, and shares, supported by advanced tools and educational resources to enhance trading experiences.
Pros
- Regulated by top-tier authorities, including the FCA and ASIC
- Comprehensive range of tradable instruments across multiple asset classes
- Intuitive and feature-rich proprietary trading platform, Next Generation
- Competitive pricing with tight spreads and no commission on most trades
- Exceptional educational resources and market research tools
Cons
- Does not offer services to U.S. clients due to regulatory restrictions
- Trading fees can be higher for less active traders
- Limited deposit and withdrawal methods compared to other brokers
Is CMC Markets available in my country?
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CMC Markets doesn't accept clients from United States!
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CMC Markets Reviews
Good broker overall, but I wish they supported MT5. The spreads are competitive, and the app is easy to use.
3/12/2024I love their trading platform! The minimum deposit is reasonable, and withdrawals are processed within 24 hours. Excellent for forex trading!
2/20/2024Their lack of MT5 support is frustrating, and the spreads during high volatility are wider than expected. Not ideal for day trading.
1/15/2024The sign-up process was smooth, and the demo account helped me learn. However, the leverage options could be better, and cashback offers are limited.
4/10/2024Great broker for forex and indices. The trading app is fantastic, and I enjoy the rebates they offer, but the withdrawal time could be faster.
3/5/2024Leave a Review
Is CMC Markets regulated?
| Companies | CMC Markets UK plc, CMC Markets Germany GmbH, CMC Markets Canada Inc, CMC Markets Asia Pacific Pty Ltd, CMC Markets NZ Limited, CMC Markets Singapore Pte Ltd, CMC Markets Middle East Ltd |
| Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
| Regulators | FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS) |
| Investor Protection Size | £85 000 |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
CMC Markets Account Types
| Property | CFD |
|---|---|
| Min Deposit | $1 |
| Lot Size | 0.01 |
| Spread Type | Floating |
| Execution | Market |
| Min Spread | 0.7 pips |
| Fee | No |
| Max Leverage | 1:30 |
| Stop Out | 50% |
| Margin Call | 80% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
CMC Markets Funding and Fees
| Base currencies | USD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGD |
| Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, PayPal |
| Inactivity fee | $15 per month after 12 months |
| Interest on margin | |
| Withdrawal Fee |
CMC Markets Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), CMC Markets |
| Execution Speed | 0 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
CMC Markets Trading Assets
| Currencies | 336 |
| Indices | 99 |
| Stocks | 10099 |
| Cryptocurrencies | 336 |
| Bonds | 71 |
| Metals | 19 |
| Energies | 45 |
| Soft Commodities | 58 |
| ETFs | 1200 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
CMC Markets Support
| clientmanagement@cmcmarkets.co.uk | |
| YouTube | YouTube |
CMC Markets Alternatives
| Broker | CMC Markets | Plus500 | IC Markets | Interactive Brokers | eToro | FOREX.com |
|---|---|---|---|---|---|---|
| Type | MM | MM | ECN, DMA | DMA | MM, Social | MM, DMA |
| Minimum Deposit | $1 | $100 | $200 | $1 | $200 | $100 |
| Regulators | FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA | CySEC, FCA, ASIC, NZ FMA, FSCA, SFSA, EFSA, MAS, CFTC, NFA | SFSA, ASIC, CySEC, CMA | SEC, FINRA, FCA, CBI, CIRO, ASIC, SFC, SEBI, JFSA, MAS | SFSA, FCA, CySEC, ASIC, SEC | CIMA, FCA, CIRO, CySEC, SFC, JFSA, ASIC, MAS, CFTC, NFA |
| Platforms | MetaTrader 4 (MT4), CMC Markets | Plus500 | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | Trader Workstation (TWS), IBKR Mobile, Client Portal, IBKR GlobalTrader, FXTrader | eToro | FOREX.com, Ninja Trader, MetaTrader 4 (MT4), TradingView |
| Spread | low | average | low | low | high | average |
| Leverage | 1:30 | 1:30 | 1:500 | 1:50 | 1:30 | 1:50 |
| Assets | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Stocks, ETFs, Options, Futures, Forex, Bonds, Mutual Funds, Cryptocurrencies, Commodities, CFDs | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
Is CMC Markets Right for You?
CMC Markets stands out as a reputable forex and CFD broker, offering a comprehensive range of tradable instruments across multiple asset classes, including currencies, indices, and commodities. Its proprietary Next Generation trading platform is user-friendly and packed with features, while competitive pricing and tight spreads enhance the trading experience. Furthermore, the broker is regulated by top-tier authorities, providing an additional layer of security for traders. However, CMC Markets does have some drawbacks. Notably, it does not provide services to U.S. clients due to regulatory restrictions, which limits its accessibility for traders in that region. Additionally, trading fees can be higher for less active traders, and the available deposit and withdrawal methods are more limited compared to some competitors. For traders seeking a robust platform with extensive resources and a diverse range of assets, CMC Markets is an excellent choice, especially for those located in countries like the UK, Germany, and Australia. However, if you are a U.S. client or prefer a wider variety of funding methods, you may want to consider other brokers that better meet your needs.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
