CMC Markets Review 2026
Established in 1989
•
United Kingdom
• FCA Regulated
CMC Markets is a well-established broker with a solid 4.4/5 rating. Regulated by FCA (highest protection tier), this broker offers spreads from 0.8 pips on EUR/USD with a minimum deposit of $0. Trade 12000+ instruments including forex, CFDs, and more.
📊 CMC Markets Overview
CMC Markets (CMC Markets plc) is a well-established broker founded in 1989 headquartered in London, United Kingdom. The broker operates under the supervision of FCA , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 12000+ tradable instruments including 330 forex pairs , 20 cryptocurrencies , 9000 stocks , and various indices, CMC Markets caters to diverse trading strategies.
| Legal Name | CMC Markets plc |
|---|---|
| Founded | 1989 |
| Headquarters |
|
| Primary Regulation | FCA (Tier 1 - Highest Protection) |
| Publicly Traded | Yes (CMCX.L) |
| Instruments | 12000+ assets |
| Min Deposit | $0 |
| Max Leverage | 1:30 |
📖 CMC Markets — In-Depth Introduction
CMC Markets, a veteran broker founded in 1989, has built an impressive track record spanning 37 years of continuous operation. Operating under the stringent oversight of FCA, CMC Markets adheres to the highest regulatory standards in the industry. This tier-1 regulation means clients benefit from robust investor protection, including segregated accounts, negative balance protection, and access to compensation schemes. With a $100 minimum deposit requirement, CMC Markets removes barriers to entry for new traders.
Company Background
CMC Markets (legally CMC Markets plc) has been operating in the financial services industry for 37 years. Headquartered in London, United Kingdom, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
As a publicly traded company (CMCX.L), CMC Markets is subject to enhanced financial disclosure requirements, providing an additional layer of transparency.
The broker provides access to 12000+ tradable instruments.
💸 CMC Markets Fees — Complete Cost Analysis
Trading costs at CMC Markets are reasonable, with 0.82 pip spreads on EUR/USD representing fair value in the current market. There are no commission fees on CMC Markets's standard accounts. All trading costs are embedded in the spread, making it straightforward to calculate your expenses. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $41 in spread costs per day with CMC Markets. Over a month (22 trading days), that's $902.
Trading Costs Breakdown
💡 Cost Calculator: CMC Markets
Non-Trading Fees
| Fee Type | CMC Markets | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is CMC Markets Safe? — Complete Security Analysis
Safety and fund security are paramount when choosing a broker, and CMC Markets excels in this area with a Trust Score of 97/100. This rating reflects strong regulatory compliance, robust fund protection measures, and a clean operational history. CMC Markets implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
CMC Markets is regulated by FCA.
Security Features Checklist
Understanding the Trust Score
Our 97/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use CMC Markets?
✅ Best For
- Beginners will appreciate CMC Markets's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Professional traders will appreciate CMC Markets's institutional-grade features: tight spreads, advanced platforms, API access, and high leverage options (where permitted).
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on CMC Markets
CMC Markets is a solid choice for most traders looking for reliability with a 4.4/5 rating.
📈 CMC Markets Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how CMC Markets performed in our rigorous testing:
CMC Markets offers a solid trading experience with competitive conditions.
💰 CMC Markets Fees & Spreads
Understanding trading costs is crucial for profitability. CMC Markets uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.82 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.7 | 0.82 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | Not available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with CMC Markets:
- Spread Cost: 0.82 pips × $10/pip = $8.2
- Commission: $0
- Total Cost: $8.2 per lot
🛡️ CMC Markets Regulation & Safety
CMC Markets is regulated by FCA, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- FCA 173730
- ASIC 238054
- BaFin
- MAS
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- ✓ Publicly Traded (CMCX.L)
🎯 Trust Score: 97/100
High Trust: CMC Markets has demonstrated excellent regulatory compliance and safety standards.
🖥️ CMC Markets Trading Platforms
CMC Markets offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
Next Generation
CMC Markets's custom-built trading platform designed specifically for their clients.
- ✓ Custom Features
- ✓ Integrated Tools
- ✓ Web-Based
- ✓ Mobile App
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader | Next Generation |
|---|---|---|---|---|
| Available | ✓ | ✗ | ✗ | ✓ |
| Copy Trading | ✗ | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✗ | ✗ | ✗ |
| VPS Available | Not offered | |||
| API Access | Not available | |||
🌐 CMC Markets Tradable Instruments
CMC Markets offers access to 12000+ tradable instruments across multiple asset classes. This includes 330 forex pairs , 20 cryptocurrencies , and 9000 global stocks.
👤 CMC Markets Account Types
CMC Markets offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice.
Practice with virtual funds
Not available
Not available
Not available
Not available
💳 CMC Markets Deposits & Withdrawals
CMC Markets requires a minimum deposit of $0 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ CMC Markets Pros & Cons
✅ Pros
- Competitive spreads with average 0.82 pips on EUR/USD
- Top-tier FCA regulation ensures high safety standards
- Free demo account available for practice
- Negative balance protection for retail traders
❌ Cons
- No copy trading feature
- Limited educational resources for advanced traders
📚 CMC Markets Education & Research
CMC Markets's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 CMC Markets Customer Support
CMC Markets offers customer support to assist traders with their queries.
⭐ CMC Markets User Reviews
📝 User reviews will be displayed here. Share your experience with CMC Markets!
Write a Review🏆 CMC Markets — Our Verdict
CMC Markets is a solid choice for most traders. With FCA regulation, 0.8 pips EUR/USD spreads, and a $0 minimum deposit, this broker is particularly accessible for beginners .
Best for: Safety-focused traders , Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ CMC Markets — Frequently Asked Questions
Is CMC Markets a safe and regulated broker?
Yes, CMC Markets is regulated by FCA, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 3 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at CMC Markets?
The minimum deposit at CMC Markets is $0. This means you can start with any amount. This is considered low and accessible for beginners.
What trading platforms does CMC Markets offer?
CMC Markets offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- Next Generation — Custom-built trading solution
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are CMC Markets's spreads on EUR/USD?
CMC Markets offers EUR/USD spreads from 0.7 pips with an average of 0.82 pips. The broker uses Variable spreads.
How long do withdrawals take at CMC Markets?
Withdrawal processing times at CMC Markets depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does CMC Markets offer a demo account?
Yes, CMC Markets offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is CMC Markets's maximum leverage?
CMC Markets offers maximum leverage of 1:30. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:30 may be available
Higher leverage increases both potential profits and potential losses.
Can I use CMC Markets in ?
CMC Markets accepts traders from . The broker operates under FCA regulation. Always verify current availability and applicable regulations on the broker's website.
Does CMC Markets offer Islamic (swap-free) accounts?
CMC Markets does not currently advertise Islamic accounts. If you require swap-free trading, we recommend contacting them directly or considering an alternative broker.
What instruments can I trade with CMC Markets?
CMC Markets offers access to 12000+ tradable instruments:
- 330 Forex currency pairs
- 20 Cryptocurrencies
- 9000 Stock CFDs
- 90 Index CFDs
- 110 Commodities