CMC 2024 Broker Review
Recommended for
- Any forex trader (aside from US residents)
Trust Level: Very High
- Regulated by: FCA, BaFin, CIRO, ASIC, FMA, MAS, and DFSA
- In business since 1989
Popularity
746 people visited this broker using ForexBrokerTalk within the last 6 months
Introduction To CMC Markets
CMC Markets is a UK-based global CFD and forex broker, highly regarded for its top-tier regulation and robust trading platform. Founded in 1989, the broker operates under the oversight of multiple regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investment Commission (ASIC), and others. CMC Markets is renowned for its comprehensive product portfolio, offering a range of CFDs on forex, indices, commodities, shares, ETFs, bonds, and cryptocurrencies (for non-UK clients). The broker’s commitment to providing a secure and reliable trading environment is further evidenced by the investor protection schemes it offers to clients in various jurisdictions.
The broker’s trading platform, known as ‘Next Generation,’ is well-received for its modern design, customizability, and rich feature set, including an advanced order panel. While CMC Markets excels in offering low forex fees and free deposits and withdrawals, it is also noted for its high stock CFD fees. The platform provides a great experience for both web and mobile users, bolstered by comprehensive research and educational tools. Despite these strengths, some traders might find the product portfolio limiting, as it primarily focuses on CFDs, and the customer support is available only 24/5.
$0
Minimum Deposit
0.7 Pips
Spreads starting at
Yes
Free Demo Account
Yes
Inactivity fee
Pros
Extensive regulations
Low Spreads For FX trading
In business since 1989
Cons
High stock CFD fees
Review Video:
Coming soon!
CMC Quick Facts
Country Headquarters
United Kingdom
Instruments Offered
Forex, Metal, Stock Indices, Crypto
Base Account Currency
GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD
Minimum Deposit
$0
Withdrawal Fee
$0
Account Verification Time
1 Business Day
Deposit Options
Card, bank wire, e-wallet
Accepts crypto deposit
No
Trading Platforms
MetaTrader 4
Demo Accounts
Yes
VPS Offered
Yes
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Frequently Asked Questions
Yes, traders at CMC Markets can use the MT4 platform.
CMC Markets is highly reputable broker with a clean track record and highly regulated.
Check the available CMC Markets deposit options here.
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4.4 / 5
ForexBrokerTalk Final Score
CMC Markets is one of the longest standing brokers in the industry. With their clean track record and extensive regulation status, we think this broker is a great fit for any forex trader.