CMC Markets Review Updated November 2025

CMC Markets also does not offer a swap-free account type, suitable for traders of the Muslim faith. These accounts comply with the Sharia Law, which does not allow paying or earning interest. We should note that CMC Markets does not accept clients based in certain countries, including Japan, Brazil, Belgium, Argentina, South Africa, and the United States. Check the broker’s terms and conditions for the full list of restricted jurisdictions. Founded by Peter Cruddas in 1989, CMC Markets (short for Currency Management Corporation) is currently one of the leading global providers of online CFD trading and spread betting.

All your financial information will be rendered in terms of that currency. On CMC Markets, traders are able to choose between a number of base currencies, namely GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, and SGD. The process for opening an account on the mobile platform is the same as for the desktop platform above. All you have to do is enter the site and create an account for the proprietary platform.

For instance, the major pairs contain the dollar and are good for traders in need of assets with high trading activity. The minor pairs have less trading activity, while the exotic pairs have the least. However, the exotics are very many and offer a great chance for diversification.

A spread betting account offers a tax-efficient way to speculate on the price movement of over 12,000 global financial instruments. Whether you’re looking to go long or short, you can trade with leverage, amplifying your market exposure while only tying up a fraction of your capital. CMC Markets excels in FOREX trading, offering an unmatched selection of over 330 currency pairs. Whether you’re trading major pairs like EUR/USD or exotic combinations, spreads start from 0.0 pips on their FX Active account. With a trading execution speed of just 0.003 seconds and no partial fills, the broker caters to even the most demanding FOREX traders.

But once it is complete, traders gain immediate access to a vast library of asset CFDs, whether commodities, forex, Indices, crypto, shares, or ETFs. The spreads are competitive, and the leverages and fees are excellent. Additionally, the platform’s trading apps are very easy to use, and they come with great features like advanced charting and technical analysis tools. However, CMC Markets is not available to U.S. clients due to regulatory constraints . While the broker offers a vast array of products, cryptocurrency trading is limited to professional clients, which may be a drawback for retail traders interested in digital assets. Additionally, there is a notable difference in features between the Next Generation and MetaTrader 4 platforms, with the former offering a more extensive set of tools and instruments .

CMC Markets withdrawal fees and options

It’s a frequent misconception that all brokers are the same, but that’s not correct. Wrong judgment, in the beginning, can put your investments in danger. All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some https://traderoom.info/cmc-markets-a-wholly-reliable-brokerage/ of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users.

Ease To Open An Account

Client funds are segregated, and UK customers benefit from FSCS protection up to £85,000. The broker undergoes regular audits and maintains real-time financial transparency. UK users can trade within a day, while international accounts may take slightly longer. The process feels efficient and transparent, with immediate email confirmation once approved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.

A Closer Look at CMC Markets Trading Platform

For traders wishing to trade in CFDs only, CMC Markets offers a CFD account, which is not only free to open but also has no minimum deposit requirements. The account type is suitable for new traders, and it is available on both the proprietary CMC Markets platform and MT4. Spreads here begin from 0.7 pips, and the holding costs start from $7.

CMC is just a disgusting broker!

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets.

Understand the capabilities of the mobile apps of CMC Markets, Startrader & freetrade below. Download the CMC Markets MetaTrader 4 Program free of charge from Apple’s App Store. CMC Markets customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. CMC Markets, as a company, has a strong collection of rules for ensuring honest trading on its platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).

• However, since it’s a CFD heavy platform with advanced tools and features, there’s a learning curve.
• When it comes to money insurance, in the European Union and the United Kingdom there’s the Investor Compensation Fund (ICF) and the Financial Services Compensation Scheme (FSCS).
• An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
• Moreover, its focus on technology and client support adds extra value.
• The CMC professional account is an account type designed for professional traders.
• CMC Markets is a reliable, multi-licensed trading platform that offers trading services in CFDs with its head office in London, UK.

This allows you to create and deploy trading robots and automate your strategies. Most notably, the trading platform allows you to develop, optimize and backtest automated trading strategies using the MQL4 programming language. On the other hand, the main drawback of the Next Generation platform is that it has no algorithmic trading capabilities. In other words, if you wish to automate your trading and optimize and backtest your strategies, you will be forced to use the MetaTrader software. We consider the amount reasonable, not to mention the inactivity period is fairly standard.

Yes, CMC Markets has a mobile app for trading on the go, but some users find it less intuitive for charting and analysis compared to desktop. No, CMC Markets only offers CFDs, meaning you cannot buy and own stocks or earn dividends. While the Next Generation platform has a learning curve, CMC Markets provides educational webinars, guides, and a demo account, making it beginner-friendly. 67% of retail investor accounts lose money when trading CFDs with this provider Its scale, regulation, and speed create an unmatched blend of safety and performance.

• For contrast, the spread for the EUR/USD on CMC Markets’ standard account offering on MetaTrader comes in at 1.3 pips as per June 2025 data.
• International traders will also have a difficult time finding a better platform for forex and CFD trading.
• There is always a ‘real person’ to speak to if needed, a wide array of products CFDS, ETFs, stocks,…
• It has a global presence in crucial financial hubs like Australia and a trust score of 99 out of 100.
• In the U.K., if eligible, your funds are protected up to £85,000 under the Financial Services Compensation Scheme (FSCS).

There’s also access to cryptocurrencies, although it is limited to professional traders only. CMC Markets is a globally recognized trading platform, offering access to thousands of financial instruments across forex, indices, shares, commodities, and cryptocurrencies. Known for its user-friendly interface and advanced tools, CMC Markets caters to both novice and professional traders. In this review, we’ll cover its fees, platforms, assets offered, and regulation to help you decide if it’s the right broker for your trading needs. The procedure for signing up and activating an account is relatively quick, though the registration may take a while.

Over the past 5 years (and counting), I’ve been trading on this platform and the overall experience has always been excellent. I have used many other apps but this is so far the simplest and easy to use. The platform is wonderful and very responsive.The trades are true to my knowledge, so I can trade confidently.The pread is acceptable and no trade charges are taken. The mobile app is very user friendly.Please have a save password option when logging in so I don’t have to retype password.Overall experience of trading on CMC is amazing

This research was conducted between May 13 and July 30, 2024, ensuring that our evaluations reflect current information. Our commitment to providing unbiased, comprehensive reviews of forex brokers is rooted in extensive research and expert analysis. We evaluated 18 forex brokers based on rigorous criteria, focusing on key aspects such as regulatory oversight, costs, trading experience, and available offerings. Our methodology ensures that our recommendations are based on reliable data and a thorough understanding of the industry. Beginners can take additional advantage of CMC’s free demo accounts and the extensive “Learn” section.