CMC Markets Review 2026

How safe is CMC Markets?

CMC Markets has a trust score of 9/10 based on regulation, reputation, and reviews, making it a highly trusted broker.

1. Regulation

An international client contracts with CMC Markets Bermuda Ltd, a Bermuda exempted company registered under number 202302718, with its registered office from June 1, 2025 at 9 Par-La-Ville Road, fifth floor, S. E. Pearman Building, Hamilton HM11. The company holds two licences from the Bermuda Monetary Authority: a Standard Licence under the Investment Business Act 2003 and a Class F Licence under the Digital Asset Business Act 2018. Its Terms of Business of August 16, 2025 are governed by the laws of England and Wales, and the table below sets out the entity details.

Some of the abbreviations on this page are expanded to the regulator's full name: a broker regulated by ASIC is regulated by the Australian Securities and Investments Commission; by FCA, the Financial Conduct Authority; by CIRO, the Canadian Investment Regulatory Organization. AFSL is an Australian Financial Services Licence. FSCS is the Financial Services Compensation Scheme.

Classification comes first under clause 2.4.1: unless the firm writes otherwise, every account is treated as retail. Clause 2.6.1 then sets the dealing model: each CFD is execution-only, without advice, and struck principal to principal, which means CMC Markets Bermuda Ltd is your counterparty on every trade. Clause 5.1.1 governs the money: a segregated bank account holds a sum matching the account value, apart from the firm’s own funds, and is reconciled each day, though part can sit in term deposits or notice accounts that might slow a return, and clause 5.1.6 permits deposits with institutions beyond Bermuda that answer to another supervisor; interest is not paid unless the firm notifies it. Retail protection follows: your losses stop at the amount committed, a shortfall is zeroed, though not instantly, and the platform will close positions if equity reaches the stated close-out level. Leverage on the firm’s pages reaches 200:1 on major pairs as a retail maximum. The terms name no compensation scheme. Complaints go first to the client management team by email at [email protected], by phone or by post to Hamilton under the Dispute Handling Policy, and a client left unhappy may escalate to the BMA through an Unresolved Complaint Report.

The wider group holds other licences: CMC Markets UK plc with the FCA (FRN 173730), CMC Markets Asia Pacific Pty Ltd with ASIC (AFSL 238054), CMC Markets Germany GmbH with BaFin (154814), CMC Markets Singapore Pte. Ltd. with the MAS, CMC Markets Canada Inc. as a CIRO member with CIPF coverage, and CMC Markets NZ Limited as an FMA derivatives issuer. None of those protections follow you: the 30:1 retail caps in the UK, EU and Australia, the FSCS, UK spread betting, Australian stockbroking and CIPF cover stay with those entities, a split I would keep in mind. An international account sits with CMC Markets Bermuda Ltd, and I would not count on the other firms’ safeguards reaching it.

CMC Markets Singapore Pte. Ltd. is a Capital Markets Services Licensee and Exempt Financial Adviser on the MAS Financial Institutions Directory. If you are in Singapore, see our CMC Markets for Singapore traders, which covers that entity.

2. Reputation

CMC Markets was founded in 1989 and has headquarters in London, UK. They demonstrate a solid visibility in the online trading space. Worldwide branded Google searches came to 74,280 in September 2026, ranking it nineteenth among the 61 brokers we track. Web traffic data shows a somewhat stronger positioning, with Similarweb reporting 1,871,000 global visits in February 2026, placing CMC Markets as the 17th most visited broker. CMC Markets is one of the industry’s longest-established online brokers. CMC Markets trades on the London Stock Exchange, and its market value stood near £700 million in 2024. CMC Markets reported serving 89,978 active clients as of its latest financial reporting, generating £290.5 million in net trading revenue for the 12 months ending March 31, 2024. The broker’s client assets reached £561.1 million, reflecting its established position particularly in the UK and European trading landscapes.

Country, 10 rows.

Country	2026 Monthly Searches	Rank
Australia	49,500	1st
United Kingdom	9,900	2nd
Canada	5,400	3rd
Germany	3,600	4th
Spain	2,400	5th
New Zealand	2,400	6th
Singapore	1,900	7th
Poland	1,900	8th
India	1,300	9th
United States	1,000	10th

3. Reviews

Our score for CMC Markets is set against every other broker on compare broker accounts.

Verdict on CMC Markets Trustworthiness

CMC Markets dates back to 1989 and I score the group 9 out of 10 for trust, but the account you open sits with CMC Markets Bermuda Ltd under the BMA, so read the regulation section before depositing.

What traders say about CMC Markets

What other review sites say about CMC Markets

These are ratings of CMC Markets from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	4.3 / 5	3,479	Oct 1, 2026
TradingView	4.2 / 5	1,230	Oct 2, 2026

CMC Markets holds a Trustpilot rating of 4.3 out of 5 from 3,479 reviews, checked Oct 1, 2026.

On TradingView, CMC Markets is rated 4.2 out of 5 from 1,230 ratings, checked Oct 2, 2026. The TradingView profile for CMC Markets shows 11.3K traders, the count of those who have connected an account through TradingView. TradingView shows the Best 2025 badge on the profile.

App Store and Google Play ratings for CMC Markets

Our score is based on published criteria and is not influenced by these third-party ratings.

How popular is CMC Markets?

CMC Markets drew 74,280 branded Google searches in September 2026, placing it 19th of the 61 brokers ranked in this market, outside the top 10. Search interest measures attention, not quality; the score above is the review verdict.

19of 61Search interest rank

74,280

Brand searches, September 2026

0.0%

vs August 2026

14,800

Login searches

1.2%

Share of all searches

Source: Google search volume, Worldwide, September 2026.

How this is measured

Google Ads reports how many times a month people searched each broker's brand terms, and the brokers are ranked on that figure alone.

A term counts for a broker only when that broker's own website holds the first organic Google result for it; bare brand words that any company could own are left out.

A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.

The figures refresh on the 15th of each month with the newest month Google has published, and the first-result check repeats every quarter.

CMC Markets by market, September 2026

Market	Rank	Brand searches	vs August
Worldwide	19 / 61	74,280	0.0%
Canada	3 / 10	5,010	+19.0%
Singapore	5 / 9	3,220	+10.3%
Malaysia	6 / 16	800	n/a

Source: branded Google search volume, September 2026, covering Worldwide, Canada, Singapore, Malaysia.

CMC Markets at a glance

CMC Markets spreads and fees

The Standard account charges no commission on forex, indices, and commodities, so you pay the spread alone, with EUR/USD spreads from 0.5 pips. FX Active instead charges a US$2.50 commission per US$100,000 per side, or US$5 for opening and closing at that size, with six major FX pairs carrying spreads that start at 0.0 pips.

1. Raw Account Spreads

FX Active quotes from 0.0 pips on six majors, yet I do not consider its raw spreads sharper than the typical broker’s. The table below shows where you get a better spread, only on USD/SGD, so compare it before you choose the account.

2. Raw Account Commission Rate

FX Active charges US$2.50 per side per US$100,000 traded, which works out to 0.0025%. I think that is a fair rate for what you get, and the table below compares it against the alternatives.

3. Standard Account Fees

To gauge how CMC Markets’ pricing stacks up against the industry, we conducted a comparison of their average spreads with those of their competitors. The comparison, detailed in the table below, reveals that CMC Markets consistently offers lower no-commission spreads. For instance, their spreads average 0.70 pips for pairs like EUR/GBP and USD/JPY, which may be higher than the average but is significantly lower than competitors’ spreads that can reach up to 2.50 pips. This disparity represents potential savings of up to 48% for traders choosing CMC Markets.

Lowest Spread Forex Brokers

4. Other Fees

Index spreads: the UK 100 from 1 point, the US SPX 500 from 0.5, the Germany 40 from 1.2, the US 30 from 2.2, and the Australia 200 from 1. Share CFD commission depends on the market: 0% on UK and most European shares, 0.45% in Greece with a EUR 20 minimum, CAD 0.02 a share in Canada with a CAD 10 minimum, and USD 0.02 a share on US names with a USD 10 minimum. I consider those share CFD fees high, so if you trade equities, compare them carefully. If your GSLO is not triggered, the premium is refunded.

In addition to the spread and commission costs, CMC Markets imposes several other trading fees that traders should be aware of:

1. Overnight Holding Costs: At the end of each trading day (5pm New York time), open positions in your account may incur a ‘holding cost’, which can be either positive or negative based on your trade direction and the applicable holding rate.
2. Market Data Fees: If you wish to trade or view price data for certain instruments, you need to activate the relevant market data subscription. Monthly subscription charges may apply, depending on your market data classification and account type.
3. Guaranteed Stop-Loss Order Charges: For a premium, CMC Markets offers guaranteed stop-loss orders (GSLOs) that ensure your trade closes at the specified price, regardless of market volatility or gapping. If the GSLO is not triggered, the premium is fully refunded.
4. Inactivity Fee: a monthly charge applies once an account has sat unused for a year. The size sits in the fee schedule of the terms rather than on these pages, so check the schedule before you leave an account idle.

These additional costs are an essential part of CMC Markets’ pricing structure and contribute to the overall cost of trading with the broker.

Verdict on CMC Markets Fees

CMC Markets offers a competitive CFD Trading Account with low forex spreads starting from 0.5 pips on EUR/USD and no commission fees, making it an attractive choice if you are looking for a commission-free account type.

Deposits and withdrawals with CMC Markets

CMC Markets offers flexible funding and withdrawal options, with a variety of fee-free funding methods and no minimum deposit requirement, making it easy and accessible for traders.

What is the minimum deposit at CMC Markets?

While the industry norm is around $200, CMC Markets requires no minimum deposit to open a CFD Trading account.

Deposit Options And Fees

Funding runs through Visa and Mastercard with 3D Secure, up to $50,000 per transaction, plus online banking, bank transfer, Neteller, Skrill, and USDT and USDC through Binance Pay. No cheques, cash, Amex or Diners. I like that stablecoin funding sits alongside the cards and wallets, which you will not find everywhere, and the table below lists each method for you.

Withdrawal Options and Fees

CMC Markets also charges no fees on most withdrawal methods. When you withdraw funds, you are required to use the same funding method as you deposited funds.

Ease To Open An Account

Opening an account with CMC Markets proved to be relatively easy with our team, giving them a score of 8 out of 15. One factor that scored down the brokers ease of account opening score was the comprehensive personal information required, which we found excessive when compared to other top brokers.

Verdict on CMC Markets Funding

CMC Markets offers flexible and accessible deposit and withdrawal options, with a range of fee-free methods and no initial minimum deposit required to start trading.

CMC Markets trading platforms and app

The global entity, CMC Markets Bermuda Ltd, supports four platforms: the Next Generation platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView. MT5 is also available at CMC Markets Canada Inc. and by request to live MT4 account holders in Australia and New Zealand, while the UK, German, and Singapore entities do not offer it.

Next Generation Platform

The CMC Next Generation platform is the primary software offered for CFD trading and available in standard or advanced versions. The best feature of the platform is the charting package (chart forum) with 115+ technical indicators, 70 chart patterns, and 12 built-in chart types. Trading tools offered by the Next Generation trading platform include:

• Client sentiment displays the quantity and position value for the instrument traded.
• Multiple layouts such as a ‘five-minute chart layout’ give unique insights into price movements.
• Pattern recognition scanner identifies and alerts traders when patterns emerge.

The Next Generation trading platform is available as a desktop platform for Windows and Apple computers, Webtrader platforms online, or mobile trading apps for iOS and Android devices.

MetaTrader 4

MT4 at CMC Markets runs on a separate MT4 account, carries more than 175 FX pairs, and supports Expert Advisors for automated trading. I would choose it for automation rather than coverage, since it does not give you the full product range. See the Best MT4 Brokers for how it compares.

TradingView

CMC Markets also offers TradingView. You can trade CMC’s CFD prices through TradingView’s charts, though this runs through the Next Generation account rather than MT4. It suits traders who already use TradingView and want to keep those charts while trading CMC’s markets.

CMC Markets app

The Next Generation app covers Apple and Android phones and brings the whole instrument range, and I think it is the one to pick if you want everything in your pocket. MT4 and MT5 apps are also available, with Expert Advisors for automation on the go. MT4 suits automated strategies, though the MT4 account does not carry the full product range. I would add MT4 only if you run EAs.

CMC Markets provides a choice between its Next Generation platform, offering the full product range and advanced analysis tools, and MT4, ideal for those focused on automated trading with Expert Advisors.

CMC: Trading App is rated 4.1 out of 5 on Google Play (United States store) from 3.16K reviews shown worldwide, checked Oct 1, 2026.

View on Google Play

Markets you can trade with CMC Markets

Next Generation carries about 12,000 instruments: 300+ FX pairs on the proprietary platform and 175+ on MT4, 70+ indices, 100+ commodities, 15,000+ share CFDs from over 20 countries, and crypto CFDs. I like the breadth, and if you want one platform with everything, I would point to Next Generation. There is no spread betting or stockbroking at CMC Markets Bermuda Ltd, so you get CFDs and nothing else.

About 12,000 instruments across forex, shares, indices, commodities and crypto is a range I rate highly for a CFD broker. If breadth is what you trade for, this entity delivers it.

CMC Markets customer service, research and education

CMC Markets has global support offered 24 hours a day, 5 days a week via phone support, e-mail support, live chat.

To cater to its global clientele, multilingual customer support is available in 9 languages: English, German, French, Italian, Polish, Swedish, Norwegian, Spanish, and Chinese.

Support runs 24/5, Sunday night to Friday night, by phone, email at [email protected], and live help inside the platform. I would prefer weekend cover, but the in-platform help means you can reach a person while the markets are open.

Verdict on CMC Markets Customer Support

CMC Markets provides strong multilingual customer support, available 24/5 through phone, email, and live chat.

Research and education

CMC Markets offers a wide range of educational resources to its users ranging from webinars to in-house financial analysts.

• Wide range of educational content: eBooks, articles, blogs, webinars, and videos
• A demo account to practice trading with virtual money
• Market research and analysis to help traders make informed decisions
• Market analysts who provide regular insights

Integrated into the Next Generation are multiple news and information sources. This is located within the insights section and includes Morningstar research reports incorporating ‘fair market estimates’, Reuters news, and CMC TV featuring experts discussing market technical analysis. The insights section also has a market calendar and CMC Twitter feed.

Our final verdict on CMC Markets

CMC Markets has traded since 1989, and in my opinion the global account with CMC Markets Bermuda Ltd under the BMA is a strong pick on cost and platforms: EUR/USD from 0.5 pips on the Standard account, no minimum deposit, Next Generation for full product coverage, and MT4 for running Expert Advisors. I would keep two cautions in view: share CFD fees are high, and support runs 24/5 only. I rate the research and education highly, which matters if you learn from webinars and market analysis. The terms name no compensation scheme, so size your deposits accordingly. Our coverage of CMC Markets Canada Inc. sits in a separate piece for that market, at CMC Markets Review for Canadian Traders.

CMC Markets excels in Research and Education, offering a comprehensive range of resources like eBooks, webinars, and expert market analysis, effectively equipping traders with essential tools and insights for informed decision-making.