Pros
  • Segregates client funds
  • Established in 1989
  • Regulated by FCA
  • $0 min. deposit
Cons
  • Inactivity Fee
  • Not ASIC Regulated

Company Information

The company’s shares are listed on the London Stock Exchange. CMC Markets has become one of the leading retail brokers in the Forex and CFD market, offering its clients about 10,000 financial instruments. It has been providing its services since 1998. From that time on CMC Markets serves over 60,000 clients through 15 offices located around the world, UK, Poland, Canada, Australia, etc.

Markets

CMC Markets offers over 9,277 different instruments to trade, including over 32 currency pairs. Simply put, you can trade the following asset classes:

● Forex
● Indices
● Shares
● Share baskets
● Commodities
● Treasuries

Trading accounts

CMC has two live types of accounts, as well as a demo one. Spread betting accounts and CFD trading account are offered to both individual and corporate clients. Both account types allow its users to commit netting, telephone trading, position hedging, and a price depth ladder. Basically, CMC offers the same features on both types of accounts. They are rather similar and simple, which include the following features:

    • 9,500+ instruments
    • 9,000+ shares & ETFs
    • 60+ global indices
    • 300+ currency pairs
    • 90+ commodities
    • 30+ treasuries and bonds
  • Demo account
  • • Available on the mobile and tablet devices
    • Good charting and trade tools
    • Virtual cash
    • Unlimited time
    • No credit or debit card information required

Open an account

Opening account is a simple and straightforward process. All you need to do is to follow those steps

  1. to select Open Account;
  2. to enter your full name, country, email address, and phone number, and to choose the password;
  3. to complete the questionnaire, detailing further personal information, trading aims, and trading knowledge;
  4. to submit the required documents to verify your account;
  5. to make a deposit.

Minimum deposit

CMC requires no minimum deposit. The broker suggests low prices, including tight spreads and leverage, with margin requirements as low as 3.34%. You can enjoy high levels of customizability on their desktop and mobile platforms.

© CMC website screen

Trading Platforms

CMC Markets provides two platforms at your service, namely Next Generation and CMC’s mobile trading. Next Generation is CMC Markets’ online trading platform that provides a host of features to support your chart analysis, including multiple chart types, over 115 technical indicators and drawing tools, a pattern recognition feature, and a chart forum community.

Naturally, the broker offers you also to use the recognizable MetaTrader, if you want to find out more about the platform and its features, press here.

You can also find CMC Markets’ mobile trading apps available for iPhone, iPad, and Android devices, giving traders control over their accounts and trades, wherever they are.

Our verdict

To sum up, CMC Markets is a good choice for those interested in spread betting, CFD trading, and forex. The Next Generation platform is robust and variable, while the mobile apps are of high quality as well. Moreover, you get almost 10,000 trading instruments. However, there are only two account types, which may a bit troublesome for a complete novice. It is not regulated by the ASIC but is regulated by the FCA. Before choosing a broker to trade with, just look through the main features they suggest, compare them, read some reviews, and after choosing the most suitable for you, start trading.

4.5 rating
User Review
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16 Comments
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Nikolai Reed
Nikolai Reed
October 14, 2020 9:43 pm

Felt great trading with CMC markets, fast execution no manipulation, this broker is excellent i rate 5 star, more power to CMC markets!

Fabiana Simmons
Fabiana Simmons
September 24, 2020 3:18 pm

I had an “off quotes” error preventing order placement due to technical problems (according to customer support). It was solved after a few days.

Ilan Taylor
Ilan Taylor
July 4, 2020 5:27 pm

ive dealt with many brokers over the years and fusion is the best…they are cheap and high quality of services

Ronald Ross
Ronald Ross
May 16, 2020 2:52 pm

I have tried several brokers. CMC markets, for me it has been a pleasant surprise. They are what they advertise, which is almost impossible these days, a very efficient and fast help center that really cares about the customer. Proven withdrawal.

Gustavo Patterson
Gustavo Patterson
May 12, 2020 1:16 am

CMC markets in my experience, is just the very the best, with all the exceptional services they offer, the make sure the keep their words and are always looking out for the customers best interest, i Love this broker and would 100% recommended them to all who wish to trade and succeed in the market.

Kaiden Morris
Kaiden Morris
April 5, 2020 9:01 pm

I have reviewed around 7 to 10 brokers, looking on the following criteria:
– low cost/spread
– Excellent Customer Support
– Ease on doing transactions such as Deposit and Withdrawal
And using these personal criteria, CMC markets stand-out and I chose to go live with them. I am now 3 Months with them, and I believe that I got the best option. They still have the same enthusiasm in dealing with customer inquiries, and the costs was still the lowest compared to other known brokers.
Good job CMC markets and feels great to be part of the community.

Holden Harris
Holden Harris
March 30, 2020 3:22 pm

CMC markets is the best brocker that i ever come across. Low spreads, great platform. Major currencies with many exotics Wonderful customer care services. I would highly advise you to go for fusion and try out the difference.

Bryan Bryant
Bryan Bryant
March 8, 2020 4:54 pm

CMC markets has very low trading cost, the customer support is very sound with lightening speed of response. I think it remains the best around

Usman Cook
Usman Cook
February 17, 2020 11:16 pm

I have made inquiries from experienced traders before I opened my live account and I could say that a very low transaction cost would benefit any trader, so I chose CMC markets. What I appreciate more over the months is the customer support that’s fast and friendly, and thru convenient channels – IM chat & email. They’re quite proactive in seeking their customer’s needs in order to appropriately support them like requesting feedback and missing product although they already have a wide range of products to trade.

Very low transaction cost and excellent customer support. I definitely recommend CMC markets!

Graysen Rivera
Graysen Rivera
February 1, 2020 6:23 pm

I opened an account with this broker recently and so far it has been a great experience. Smooth registration and deposit. Also low trading fees. Keep up the good work.

Nikhil Brown
Nikhil Brown
January 26, 2020 3:22 pm

These guys are awesome I was using a different broker before and they were much more expensive. I love how on CMC markets
I can also use more flexible intervals on indices. On top of this – these guys have the best customer service by far.

Sergei Konkov
Sergei Konkov
January 11, 2020 4:59 am

Hello.I am Sergei Konkov from Russia. I want to share my experience of working with the Forex broker CMC markets. I trade on a real account 103938 for about 3 weeks
I have been adding funds to my real account via a Bank Wire 2020.06.06. Money transfer is made quickly and without commission.The support is excellent, always in touch and ready to help.Trading is comfortable because spreads are low and order execution is fast in the market.
I had no problems during trading.
My opinion CMC markets offers an excellent service.
Thanks.

Giana Jackson
Giana Jackson
December 23, 2019 9:13 am

I opened an account with this broker two months ago and I can say that this broker has an excellent customer support, low commission and low spread.
This broker is quick with Withdrawal and deposit and They’ve a platform without any disruptions.
Highly recommended from my experience

Victor Thompson
Victor Thompson
December 3, 2019 11:47 pm

Their spreads are not the lowest I think.

Uriel Alexander
Uriel Alexander
November 11, 2019 12:58 pm

This broker is very good ih execution and spread is very low, can make money for scalper Trader like me, very very recomended.

The support are excelent
Keep The good job

Nasir Long
Nasir Long
November 2, 2019 9:07 am

Great broker by far the best out their very low trading cost can honestly say i feel very comfortable with this broker would recommend them to any one to try them for them self’s…