CMC Markets Broker Review 2023

CMC Markets is a trusted global broker established in 1989. The broker offers CFDs and spread betting across a wide variety of markets including forex, indices, commodities, shares, ETFs, cryptocurrencies, and treasuries with over 10,000+ instruments to trade from.

With CMC Markets, traders stand to enjoy a bunch of optimal trading features and conditions which include; an advanced proprietary trading platform, over 10,000+ instruments to trade, low-cost trading, fast order execution, license and regulation from top tier regulatory bodies across the globe, a great customer support service with a fast response rate and much more.

At A Glance

BrokerCMC Markets
Head OfficeCMC Markets UK plc, 133 Houndsditch, London EC3A 7BX.
RegulationsASIC, IIROC, MAS, and the FCA
Publicly ListedYes
Trading PlatformsNext Generation CFD trading platform, MetaTrader 4 (MT4)
Ways To TradeCFDs, Spread Betting, Count Downs
Mobile TradingAvailable
PC TradingAvailable
Minimum deposit$0
Maximum Leverage1:1 – 1:500
1:1 – 1:30 (EU Traders)
Minimum trade size0.01
Demo AccountAvailable – Open Demo Account
Withdrawal Options
Wire Transfer, Credit / Debit Cards, Electronic Payments.
Asset Classes
Forex, Indices, Commodities, Shares, ETFs, Cryptocurrencies, Treasuries.
LanguagesEnglish, German, French, Spanish, Italian, Polish, Swedish, Norwegian

Pros & Cons


  • Regulated under top-tier regulatory bodies across multiple jurisdictions, including the FCA, ASIC, IIROC, and MAS
  • 7 asset classes and over 10,000+ instruments to trade.
  • Clients’ funds are segregated


  • Not available in the US
  • An inactivity fee is charged

License and Regulation.

CMC Markets is licensed and Regulated by top-tier regulatory bodies around the world, theses include;

  • Australian Securities & Investment Commission (ASIC),
  • Investment Industry Regulatory Organization of Canada (IIROC), 
  • Monetary Authority of Singapore (MAS), and
  • The Financial Conduct Authority (FCA).

These regulatory bodies ensure the strict compliance of financial institutions to the laws that protect financial consumers.

Asset Classes

CMC Markets offers a wide range of asset classes with over 10,000+ instruments to trade from. Assets classes offered by CMC Markets include; Forex, Indices, Commodities, Shares, ETFs, Cryptocurrencies, and Treasuries.

AssetsNo. Instrument OfferedMargin
Shares & ETFs9,000+20%

Spreads and Commissions

CMC Markets offers one of the lowest spreads compared to other industry-standard brokers, with spreads on major instruments going as low as 0.3 pips. Also, commissions are charged when trading shares on the brokerage platform, with a minimum commission charge of $7.

Trading Fees

CMC Markets provides its clients with a very transparent fee structure with no hidden charges around the corner.

The fees charged by the brokerage platform include; an overnight fee charge(if held overnight); dormancy fee (after one year of inactivity); market data fee and a guaranteed-stop-loss-order premium which is refunded in full if GLSO (guaranteed-stop-loss-order) is not triggered.

Deposit and Withdrawals

CMC Markets allows the processing of payments and withdrawals through;

  • Wire transfers and
  • Card payments.

Note – Account funding can only be done with a card or account in the account holder’s name, as third-party names would not be allowed for the processing of payments and withdrawals.

Also, Withdrawals on CMC Markets are processed on the same day, as long as the withdrawal is made before the cut-off time by 2 pm (for clients in the UK) or 11 am (for clients outside the UK).

Trading Platforms

CMC Markets provides clients with two trading platforms, one of which is their advanced proprietary trading platform called the Next Generation trading platform and the other is a third-party trading terminal called the MetaTrader 4 which has been one of the most popular trading terminals amongst traders.

CMC Trading Platform Details

PC Platform:Yes
Web Platform:Yes
Social Trading:Yes
MetaTrader4 (MT4):Yes
MetaTrader5 (MT5):No

Customer Support

CMC Markets offers an award-winning customer support service with a dedicated support team with a surprisingly fast response rate, ranging from 3-5 minutes. The customer support team is available 24/ 5 and can be reached via live chats, email, and telephone.


CMC Markets is a great broker overall, and clients stand to enjoy a bunch of optimal trading features and conditions which include; an advanced and comprehensible proprietary trading platform; over 10,000+ instruments to trade from; low-cost trading; fast order execution; a great customer support team, and much more.

On the other hand, CMC Markets is considered safe and trustworthy to trade with, as they have consistently built a great reputation over the years and are licensed and regulated by top-tier regulatory bodies across the globe including the FCA, ASIC, IIROC, and MAS.