CMC Markets review 2026
CMC Markets is a London-listed broker founded in 1989, with one of the largest ranges of currency pairs in the industry on its own Next Generation platform.
Dossier Score for Global
Overall rating in progress: 30% of criteria assessed
Our assessment
Strengths
- Listed on the London Stock Exchange
- Tier 1 licences in the UK, Australia, Germany, Canada and Singapore
- Very large number of currency pairs
Weaknesses
- MetaTrader offering is limited
- No copy trading
- Not available in many emerging markets
Best for Traders in the UK, Australia and Canada who want a listed broker with a strong own platform.
How this Dossier Score adds up
The score is calculated by a published formula from the five components below. It changes with your country, because the first component follows the company that would hold your account.
Methodology v1.1. How the Dossier Score is calculated. Commissions are not an input.
Regulation and legal entities
A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.
| Legal entity | Regulator | Licence no. | Max. leverage | Our check |
|---|---|---|---|---|
| CMC Markets UK plc Serves you United Kingdom, FSCS up to £85,000 | FCA Tier 1 | 173730 | 1:30 | Not yet verified by us Open register |
| CMC Markets Asia Pacific Pty Ltd Serves you Australia | ASIC Tier 1 | 238054 | 1:30 | Not yet verified by us Open register |
| CMC Markets Germany GmbH Serves you Germany, EdW up to €20,000 | BaFin Tier 1 | 154814 | 1:30 | Not yet verified by us Open register |
| CMC Markets Canada Inc. Serves you Canada | CIRO Tier 1 | To be confirmed | Varies | Not yet verified by us Open register |
| CMC Markets Singapore Pte Ltd Serves you Singapore | MAS Tier 1 | To be confirmed | Varies | Not yet verified by us Open register |
| CMC Markets NZ Limited Serves you New Zealand | FMA Tier 2 | To be confirmed | Varies | Not yet verified by us Open register |
| CMC Markets Middle East Ltd Serves you United Arab Emirates | DFSA Tier 2 | To be confirmed | Varies | Not yet verified by us Open register |
Key facts
- Founded
- 1989
- Headquarters
- United Kingdom
- Publicly listed
- LSE: CMCX
- Group regulators
- FCA, ASIC, BaFin, CIRO, MAS, FMA, DFSA
- Minimum deposit
- $0
- Platforms
- Own platform, MetaTrader 4, TradingView
- Execution
- Market maker
- Copy trading
- No
- Islamic account
- No
- Demo account
- Yes
Accounts and fees
Spreads we measured
We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.
Platforms and execution
CMC Markets offers Own platform, MetaTrader 4, TradingView. Execution model as described by the broker: Market maker.
Deposits and withdrawals
We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.
Country availability
Pick your country in the header to see which CMC Markets entity would serve you.
Not accepted, according to the broker: United States.
Questions readers ask
Is CMC Markets regulated?
CMC Markets operates through 7 legal entities in our database, holding licences or registrations with: FCA, ASIC, BaFin, CIRO, MAS, FMA, DFSA. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.
What is the minimum deposit at CMC Markets?
CMC Markets advertises a minimum first deposit of $0 on its entry-level account. The amount can differ by entity, account type and payment method.
Which trading platforms does CMC Markets offer?
CMC Markets offers: Own platform, MetaTrader 4, TradingView. Platform availability can vary between its entities.
Is CMC Markets a safe broker?
No broker is risk-free. Our Global Dossier Score for CMC Markets is 91 out of 100. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.
Alternatives that share a regulator
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| Interactive Brokers Founded 1978 Listed | 91 | Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| City Index Founded 1983 Listed | 89 | StoneX Financial Ltd FCA #446717 Tier 1 | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| Swissquote Founded 1996 Listed Bank | 89 | Swissquote Bank Ltd FINMA Tier 1 | $1,000 | MT4MT5Own platform | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.