CMC Markets

CMC 2024 Broker Review

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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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Account Opening 4 / 5

  • Valid ID document
  • Valid proof of address

Commissions & Fees 4 / 5

Deposit and withdrawal 4 / 5

  • Card
  • Bank wire
  • E-Wallet

Trading Platforms 4 / 5

  • MetaTrader 4
  • CMC Web Trading Platform
  • CMC Mobile Trading

Customer Support 4 / 5

Other 5 / 5

  • Free demo account (live account not required)
  • Educational content and videos
  • Trading ideas and market analysis
  • Ability to trade individual stocks (CFDs)

Frequently Asked Questions

Does CMC Markets Offer MT4?

Yes, traders at CMC Markets can use the MT4 platform.

Is CMC Markets legit or a scam?

CMC Markets is highly reputable broker with a clean track record and highly regulated.

What deposit options are available at CMC Markets

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.