CMC Markets

CMC Markets is a group of companies offering Forex trading services since 1989. As one of the true veterans of the online trading industry with 30 years of experience, CMC Markets has earned a reputation as a reliable broker for serious traders in almost all financial markets. Today, the company has offices all over the world, with an emphasis on European cities. The company is listed on the London Stock Exchange, which means that it is subject to strict control by regulatory authorities in all areas of its activities. The broker is also regulated locally in several jurisdictions, which further increases its credibility. CMC Markets broker accepts clients from all over the world with the exception of the USA, Argentina, Brazil, Mexico, Ukraine, Belarus, South Africa, Yemen, Iran and some other countries.

CMC Markets – a regulated broker?

The CMC Markets group includes 6 brokerage companies:

• CMC Markets AU is located in Australia and is regulated by ASIC;
• CMC Markets NZ is located in New Zealand and is regulated by the FSPR and FMA;
• CMC Markets CA is located in Canada and is regulated by the IIROC;
• CMC Markets UK is located in the United Kingdom and is regulated by the FCA;
• CMC Markets DE is located in Germany and is regulated by BaFin;
• CMC Markets SG is located in Singapore and is authorized by MAS.

Customer funds are separated from the company's capital and stored in segregated accounts with top-level banks, as well as insured in case of the company's insolvency. Please note that the regulations and trading conditions may differ from the jurisdiction in which the broker is located. Therefore, carefully read the trading conditions on the official website of the broker in your regione, before opening an account.

What is the maximum leverage in CMC Markets?

As always with brokers whose activities are regulated in the EU, the leverage for traders from the EU is limited to 1: 30. Starting in 2024, the same restrictions on leverage are now also being introduced in Australia, as a result of which New Zealand remains the only major regulated offshore jurisdiction that still allows leverage up to 1:500.

However, despite the disadvantages of lower leverage in Europe and Australia, trading with a fully regulated broker also offers certain advantages. These include various schemes of state guarantees and mechanisms for compensating clients ' losses in the event of a broker's bankruptcy. For example, all customer deposits in the UK are insured by the FSCS for up to 85,000 pounds sterling.

CMC Markets Trading Platforms

As for trading platforms, CMC Markets has gone its own way and developed its own trading platform Next Generation. The platform runs directly in the browser without the need to download software, and has an advanced but intuitive interface.

However, clients who prefer to trade on a classic platform can use MT4. However, it is worth noting that CFDs on shares are available only on the Next Generation platform.

Trading instruments

Today, CMC Markets offers clients a choice of about 10,000 different trading instruments, including more than 300 currency pairs, CFDs for more than 9,000 shares and ETFs, as well as 60 major stock indices, 90 commodities, 30 bonds and 15 cryptocurrencies. In addition, traders from the UK have access to spread betting.

Spreads and commissions

Spreads for retail clients start from 0.7 points for the main currency pairs. However, professional clients can get narrower spreads and better trading conditions.

What is the minimum deposit in CMC Markets?

There is no minimum deposit in CMC Markets. You can top up your account using a bank transfer and Visa/MasterCard plastic cards. If no trading operation is performed during the year, a monthly fee of 10 pounds sterling will be charged from the account.

Conclusions

CMC Markets is a regulated European Forex broker with 30 years of experience. The broker offers more than 10,000 trading instruments with narrow spreads and its own Next Generation trading platform. Moreover, CMC Markets also publishes daily trading videos on its CMC TV channel on YouTube, where the broker's analysts share their trading ideas and the latest technical analysis of the markets.

Before choosing a broker, we recommend that you read the reviews of CMC Markets, as well as see our rating of Forex brokers.