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CMC Markets UK Broker Review 2025

CMC Markets UK Broker Review 2025
Company:CMC Markets
Founded:-
Min Deposit:$1
Max Leverage:500
Headquarter:

London

US Accepted:
Demo account

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
CMC Markets UK plc is a UK-based Forex broker registered and licensed by the Financial Conduct Authority under registration number 173730. This broker has 12 offices worldwide and offers over 12,000 tradable instruments to more than 1 million traders and investors.
Contact
CMC Markets, 133 Houndsditch, London EC3A 7BX, UK
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
2.8Rank 154
Pros and Cons
Account Types
Platforms
Pros
Excellent user experience across platforms and tools
Low-cost Forex and CFD trading
Established broker with strong regulatory oversight
Wide range of tradable instruments (over 12,000)
Cons
Limited withdrawal and deposit methods High shares trading fees
Limited withdrawal and deposit methods
score of blog
3 From 5.0
(6)
Rate this post
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CMC Markets UK is a leading broker with over 1 million customers in 4 continents. This broker is listed on the London Stock Exchange (LSE) and has offices in various countries, including Australia, Canada, Spain, Norway, Poland, and many more.

CMC Markets allow traders to trade on Spread Betting, CFD Trading, andFX Active accounts with a maximum leverage of1:500.

CMC Markets broker review
CMC Markets complete review for traders in capital markets

CMC Markets Company Information & Regulation Overview

CMC Markets has built a strong reputation over its 30+ years in the financial industry.

The company's commitment to regulatory compliance and client protection is evident in its multiple licenses from top-tier financial authorities worldwide:

  • Financial Conduct Authority (FCA) in the UK (registration no. 173730)
  • Cyprus Investment and Securities Commission (CySEC) in Cyprus
  • Federal Financial Supervisory Authority (BaFIN) in Germany (license no. 154814)
  • Australian Securities and Investments Commission (ASIC) in Australia
  • Financial Markets Authority (FMA) in New Zealand
  • Monetary Authority of Singapore (MAS) in Singapore
  • Dubai Financial Services Authority (DFSA) in Dubai (license number F002740)
  • National Financial Regulatory Administration (NFRA) in China
  • Financial Market Authority Austria
  • CMC Markets Germany GmbH Filial Oslo
CMC Markets FCA regulation
CMC Markets is regulated by multiple authorities, including FCA in the UK

Below is a table where you can see the most important information about the different branches of CMC Markets:

Entity Parameters/Branches

CMC Markets UK Plc / CMC Spreadbet Plc

CMC Markets Asia Pacific Pty Ltd

CMC Markets Singapore Pte Ltd

CMC Markets Germany GmbH

CMC Markets NZ Ltd

CMC Markets Middle East Ltd

Regulation

FCA

ASIC

MAS

BaFin

FMA

DFSA

Regulation Tier

Tier-1

Tier-1

Tier-1

Tier-1

Tier-1

Tier-1

Country

UK

Australia

Singapore

Germany

New Zealand

UAE

Investor Protection Fund/Compensation Scheme

FSCS up to £85k

None

None

EdW up to €20k (90%)

None

N/A

Segregated Funds

Yes

Yes

Yes

Yes

Yes

Yes

Negative Balance Protection

Yes

Yes

Yes

Yes

Yes

N/A

Maximum Leverage

1:30

1:30

1:30

1:30

1:500

1:30

Client Eligibility

All countries except banned (e.g. USA, NK)

All except banned (e.g. USA, Iran)

All except banned (e.g. USA, Cuba)

All except banned (e.g. USA, Russia)

All except banned (e.g. USA, Belarus)

All except banned (e.g. USA, Syria)

CMC Markets Broker Summary of Specifications

This Forex broker offers a comprehensive suite of trading products and services, catering to both novice and experienced traders. Here's a summary of the key specifics:

Broker

CMC Markets

Account Types

Spread Betting, CFD Trading, FX Active

Regulating Authorities

FCA, ASIC, CySEC, DFSA, NFRA, FMA, BaFIN

Based Currencies

GBP, EUR, USD, AUS, CAD, NOK, NZD, PLN, SEK, SGD

Minimum Deposit

$0

Deposit Methods

Visa/MasterCard, Bank wired, Online Banking

Withdrawal Methods

Visa/MasterCard, Bank wired, Online Banking

Minimum Order

N/A

Maximum Leverage

1:500

Investment Options

No

Trading Platforms & Apps

MT4, Next Generation web trading platform

Markets

Forex, indices, commodities, crypto, shares, ETFs, Treasuries

Spread

Floating from 0.0 pips

Commission

From $10 on shares

Orders Execution

Market

Margin Call/Stop Out

80%/50%

Trading Features

Demo account

Affiliate Program

Yes

Bonus & Promotions

Deposit bonus, cashback bonus

Islamic Account

No

PAMM Account

No

Customer Support Ways

Email, live chat, phone

Customer Support Hours

Monday to Friday from 8am to 8pm

Restricted Countries

Iran, Brazil, Yemen, Argentina, USA and more

CMC Markets Accounts

CMC Markets offers 3 main account types to cater to different trading styles and preferences:

Account types

Spread Betting

CFD Trading Account

FX Active Account

Minimum deposit

$0

$0

$0

Maximum leverage (retail clients)

1:30

1:30

1:30

Spreads

Floating from 0.0 pips

Floating from 0.0  pips

Floating from 0.0 pips

Commission

No

Yes (only for shares trading)

Yes (only for shares trading)

Instruments

Forex, indices, commodities, shares, treasuries

Forex, indices, commodities, shares, treasuries

Forex, indices, commodities, shares, treasuries

All account types provide access to CMC Markets' proprietary Next Generation platform, mobile apps, and MetaTrader 4.

It is also worth mentioning that CMC Markets offers demo accounts for beginner traders.

CMC Markets accounts
CMC markets offer 3 main account types for retail clients

CMC Markets Advantages and Disadvantages

Let’s review the benefits and drawbacks of trading with CMC Markets:

Advantages

Disadvantages

Wide range of tradable instruments (over 12,000)

Limited withdrawal and deposit methods

Established broker with strong regulatory oversight

High shares trading fees

Low-cost Forex and CFD trading

-

Excellent user experience across platforms and tools

-

CMC Markets Broker Account Opening

The account opening process on CMC Markets is user-friendly and takes no time to complete. CMC Markets registration:

#1 Access the CMC Markets Registration Page

Start by navigating to the official CMC Markets website and locate the registration section. First Click Open an Account or “Start Trading”.

CMC Markets registration page interface
Accessing the official CMC Markets registration page to start opening an account

Then choose your country and select “Get Started” to begin the signup process.

CMC Markets signup country selection
Selecting your country to continue CMC Markets registration

#2 Provide Email and Create a Secure Password

Enter a valid email address and set a strong password containing uppercase and lowercase letters, numbers, and special characters.

Select your preferred trading platform and click “Continue” to move forward.

CMC Markets email and password setup form
Entering email, creating password and selecting trading platform at CMC Markets

#3 Choose an Account Type

Pick the account type that aligns with your trading preferences, such as MT4 CFD or MT4 FX Active, then click Create Your Account to proceed.

CMC Markets account type selection screen
Choosing account type such as MT4 CFD or MT4 FX Active in CMC Markets

#4 Verify Your Email

A 6-digit verification code will be sent to your email. Enter this code in the designated field and click Verify to confirm your email address.

CMC Markets email verification form
Entering 6-digit verification code to confirm email address for CMC Markets registration

#5 Log in to Your CMC Markets Account

Once your email is verified, click Login Now to access your account. Initially, the account will operate in demo mode.

#6 Upgrade to a Live Account

To start live trading, select Open a Live Account and click “Apply Now”.

CMC Markets upgrade to live account page
Selecting “Open a Live Account” to begin CMC Markets real trading

#7 Configure Live Account Settings

Choose your country, trading platform, account type, and preferred base currency. Click Next to continue.

CMC Markets live account setup form
Configuring CMC Markets live account settings including platform, type and base currency

#8 Enter Personal Information

Provide your title, last name, and mobile number, then proceed by clicking “Next”.

CMC Markets personal information entry form
Entering personal information such as title, last name and mobile number for CMC Markets registration

#9 Add Nationality and Tax Details

Submit your date of birth, nationality, any additional citizenships, U.S. tax status, and other relevant tax information. Click Next to advance.

CMC Markets nationality and tax details form
For this part of CMC Markets registration, providing nationality, citizenship, and tax-related information

#10 Provide Residential Address

Enter your full address along with the postal code and continue to the next step.

CMC Markets residential address form
CMC Markets submitting residential address and postal code details

#11 Enter Employment Information

Fill in your current employment status and any additional financial details requested, then click Next.

CMC Markets employment information form
Providing employment and financial background information for CMC Markets registration

#12 Submit Financial and Trading Experience

Provide your financial background, including annual income and savings, and detail your prior trading experience. Click Next to submit this information.

CMC Markets financial and trading experience form
Entering financial details and previous trading experience for CMC Markets registration

#13 Accept Terms and Complete Registration

Carefully review CMC Markets’ terms and conditions. Check the acceptance box and click Submit to finalize your registration.

CMC Markets terms and conditions acceptance page
Reviewing terms and conditions before completing CMC Markets account registration

CMC Markets Verification

CMC Markets verification requires both proof of identity (such as a passport, driver's license, or ID card) and proof of address (such as a bank statement or utility bill).

The broker will review your documents and verify your account in 1-2 days.

CMC Markets Trading Platforms

CMC Markets offers a range of trading platforms, including MetaTrader 4, to suit different preferences:

Next Generation Platform (web-based)

  • Intuitive interface with advanced charting tools
  • Customizable workspace and module linking
  • Real-time news and market analysis
  • 115 technical analysis indicators, 70 chart patterns, and 12 chart types
CMC Markets Next Generation trading platform
CMC markets Next Generation trading platform is available on web browsers

MetaTrader 4 (MT4)

  • Industry-standard platform for Forex and CFD trading
  • Advanced charting, technical analysis, and trading tools
  • Support for automated trading (Expert Advisors)
  • Available for desktop and mobile

Mobile Trading App

  • Available for iOS and Android devices
  • Full trading functionality on the go
  • Real-time price alerts and notifications

Links:

CMC Markets Costs (Spreads and Commissions)

CMC Markets offers competitive pricing for Forex trading, with all costs incorporated into tight spreads.

For major currency pairs such as EUR/USD, the spread is typically around 0.6 pips, and no separate commissions are charged for Forex CFDs.

However, stock CFD trading is significantly more expensive. A flat commission of $0.02 per share applies, with a minimum charge of $10 per trade, notably higher than industry averages. For instance, trading Apple CFDs incurs a $10.1 fee.

CMC Markets' other fees:

  • Inactivity fee: £10 monthly, if there is no trading activity for one year
  • Deposit withdrawal fee: No
  • Currency Conversion fee: 0.05%

Swap Fee at CMC Markets

CMC Markets UK applies overnight holding costs (swap/rollover) on CFD and spread-bet positions held past 5 pm New York time.

Holding cost is charged (or credited) daily depending on trade direction (long vs short) and underlying interest / interbank rate differentials.

Key points about swap fees:

  • For share CFDs: fee = underlying interbank (risk-free) rate ± 0.0082%;
  • For indices: fee = index interbank rate ± 0.0082%;
  • For FX CFDs: Cost is based on tom-next rate + 0.5% (for buys) or tom-next rate –5% (for sells) annually, converted to daily;
  • There is no swap free account offered in the UK branch; overnight rates are mandatory for positions held past cutoff.

Non-Trading Fee at CMC Markets

CMC Markets UK imposes minimal non-trading fees; most account maintenance or transaction costs (deposit/withdrawal) are waived.

However, clients may incur fees under specific conditions like market data subscriptions or inactivity.

Key points about non-trading fees:

  • Deposits: No fee for depositing funds into UK accounts;
  • Withdrawals: CMC does not charge internal withdrawal fees (but third-party bank charges may apply);
  • Inactivity Fee: If no trading activity for 12 continuous months, a £10 monthly fee may apply.

CMC Markets Broker Deposit & Withdrawal

CMC Markets offers several funding options:

  • Credit/Debit Cards: Instant deposits
  • Bank Transfer: 1-3 business days processing time
  • Online Banking: Available in selected countries

Withdrawals can take up to 5 business days. CMC Markets doesn't charge fees for deposits or withdrawals, but your bank may apply charges. Important notes about funding and payouts:

  • There is no minimum deposit required to open a CMC Markets account;
  • You can deposit as little money as you wish, and there are no deposit fees for bank transfers;
  • Withdrawals to a registered bank account have no limit;
  • Withdrawals to a card are limited to $40,000 or its equivalent in your account currency within a 24-hour period;
  • Withdrawal limits for cards may also be influenced by the amount deposited with that card in the last 12 months.

CMC Markets Deposit Methods

CMC Markets UK offers three primary deposit options for clients including debit/credit cards (Visa and Mastercard), online banking via TrueLayer, and traditional bank transfers.

All funding methods are free of CMC charges, support GBP and other account currencies, and provide fast or instant processing depending on the bank.

CMC Markets deposit methods overview
Deposit options at CMC Markets including cards, online banking and bank transfers

For detailed comparison, please refer to the table below:

Deposit Method

Currency

Minimum Amount

Deposit Fee

Funding Time

Debit / Credit Card (Visa, Mastercard)

GBP (or account currency)

£0

£0 (no fee by CMC)

Instant (subject to bank/card issuer)

Online Banking / Open Banking (via TrueLayer)

GBP

£0

£0

Instant or as soon as bank clears

Bank Transfer (wire / bank-to-bank)

GBP

£0

£0 (plus any bank wire charges)

1–2 business days

CMC Markets Withdrawal Methods

CMC Markets UK provides withdrawals through debit/credit cards and bank transfers, ensuring quick access to funds with no internal withdrawal fees.

Processing times depend on the method and bank, with same‑day processing possible if requests are submitted before the cut-off.

CMC Markets withdrawal methods overview
Withdrawal options at CMC Markets via debit/credit card and bank transfer

For full method comparison, see the table below:

Withdrawal Method

Currency

Minimum Amount

Withdrawal Fee

Funding Time

Debit / Credit Card

GBP (or account currency)

No explicit minimum

£0 (no internal fee)

Varies by card issuer (some within hours, others up to 5 working days)

Bank Transfer

GBP

No explicit minimum

£0 (unless international charges apply)

1–2 UK bank working days (3–5 days for international banks)

CMC Markets Broker Copy Trading & Investment Options

CMC Markets doesn't offer a dedicated copy trading or social trading platform.

However, for those interested in copy trading, CMC Markets' integration with MetaTrader 4 allows the use of third-party copy trading services compatible with MT4.

Tradable Markets & Symbols in CMC Markets

CMC Markets offers an impressive range of tradable instruments:

Category

Type of Instruments

Number of Symbols

Competitor Average

Max. Leverage

Forex

Currency Pairs

330+

200+

1:500

Indices

Stock Indices

90+

80+

1:200

Commodities

Cash & Forward

100+

80+

1:100

Shares

Global Equities

10,000+

8,000+

1:20

ETFs

Exchange-Traded Funds

1,000+

800+

1:20

Treasuries

Bonds

50+

40+

1:100

Cryptocurrencies

Digital Assets

11+

10+

1:2

Share Baskets

Thematic baskets of related stocks

50+

30+

1:20

This diverse offering allows traders to diversify their portfolios and take advantage of opportunities across multiple markets.

CMC Markets Bonuses and Promotional Programs

CMC Markets occasionally offers promotions, including:

  • Refer a friend bonus: Both referrer and friend can receive a bonus (e.g., S$150 in Singapore)
  • Welcome Bonus: Earn up to $4,000 on your first single deposit
CMC Markets welcome bonus
CMC Markets offers a welcome bonus for the first single deposit of new traders

It's important to note that promotions may vary by region and are subject to change. Always check the current offers on the CMC Markets website for your location.

CMC Markets Awards

CMC Markets has been recognized with numerous industry accolades, underscoring its commitment to delivering exceptional trading services and innovative platforms.

CMC Markets awards reflect the company's dedication to enhancing the trading experience for its clients.

CMC Markets industry awards
Recognition of CMC Markets with multiple awards for trading excellence

Here are significant awards CMC Markets has received:

  • Best Mobile Trading Platform ADVFN International Financial Awards 2025
  • Best Spread Betting & CFD Education Tools ADVFN International Financial Awards 2025
  • 1 for Commissions & Fees ForexBrokers.com Awards 2025
  • 1 Most Currency Pairs ForexBrokers.com Awards 2025
  • Best Forex Broker Good Money Guide Awards 2023
  • Best CFD Provider of the Year Shares Awards 2020

CMC Markets Support Channels

CMC Markets provides comprehensive customer support:

  • Phone: +49 (0) 69 22 22 440 44
  • Email: eusupport@cmcmarkets.com
  • Live Chat: Available on the website during business hours
  • FAQ Section: Extensive self-help resources

The quality of CMC Markets' customer support is generally well-regarded, with knowledgeable staff providing prompt and effective assistance.

They are adept at addressing both technical issues and trading-related queries, ensuring a smooth user experience. Clients often praise the team's professionalism and accessibility across multiple communication channels.

CMC Markets Restricted Countries and Regions

CMC Markets does not accept clients from certain countries due to regulatory restrictions. These include:

  • United States
  • Yemen
  • Argentina
  • Brazil
  • Ukraine
  • Belarus
  • Iran
  • Yemen
  • North Korea
CMC Markets restricted locations
CMC Markets Doesn’t offer services in countries mentioned above

CMC Markets Broker Trust Scores

CMC Markets has generally positive reviews across various platforms. This broker has a 4.2/5 stars based on over 2000 reviews on the CMC Markets Trustpilot website.

CMC Markets Trustpilot score
CMC Markets has a 4.2 out of 5 score on the Trustpilot website

The broker's commitment to addressing client concerns and maintaining transparency contributes to its overall positive reputation in the industry.

CMC Markets Educational Resources

CMC Markets offers a comprehensive education center:

  • Platform Guides: Detailed tutorials on using the Next Generation and MT4 platforms
  • Trading Library: Articles covering trading basics, strategies, and market analysis
  • Webinars: Regular live sessions on various trading topics
  • Market Analysis: Daily insights and commentary from CMC Markets analysts

CMC Markets in Comparison with Other Brokers

The table below helps you understand the pros and cons of trading with CMC Markets compared to other Forex brokers.

Parameters

CMC Markets Broker

Exness Broker

IC Markets Broker

XM Broker

Regulation

FCA, ASIC, CySEC, DFSA, NFRA, FMA, BaFIN

FSA, CySEC, FCA, FSCA, CBCS, FSC, CMA

FSA, CySEC, ASIC

ASIC, FSC, DFSA, CySEC

Minimum Spread

From 0.0 Pips

From 0.0 Pips

From 0.0 Pips

From 0.6 Pips

Commission

From $10 on shares

From $0.2 to USD 3.5

From $3

$0 (except on Shares account)

Minimum Deposit

$0

$10

$200

$5

Maximum Leverage

1:500

1:Unlimited

1:500

1:1000

Trading Platforms

MetaTrader 4, Next Generation Web Trading Platform

Exness Trade (mobile), Exness Terminal (web), MT4, MT5

Metatrader 4, Metatrader 5, cTrader, cTrader Web, IC Markets Mobile

MT4, MT5, Mobile App

Account Types

Spread Betting, CFD Trading, FX Active

Standard, Standard Cent, Pro, Raw Spread, Zero

Standard, Raw Spread, Islamic

Micro, Standard, Ultra Low, Shares

Islamic Account

No

Yes

Yes

Yes

Number of Tradable Assets

12000+

200+

2,250+

1400+

Trade Execution

Market

Market, Instant

Market

Market, Instant

TF Expert Suggestion

CMC Markets provides low-cost trading services (spreads from 0.0 pips and no commission on various instruments except stocks) with a $0 minimum deposit barrier, which is perfect for newcomers.

However, the high shares trading fees ($10) and limited withdrawal methods with high processing times (up to 3 days) might make it unsuitable for some traders.

FAQs

Is CMC Markets regulated?

Yes, CMC Markets is regulated by multiple tier-1 authorities, including the FCA, ASIC, and BaFIN.

Can I use MetaTrader 4 with CMC Markets?

Yes, CMC Markets supports MetaTrader 4 in addition to its proprietary platforms.

What assets can I trade with CMC Markets?

CMC Markets offers trading in forex, indices, commodities, shares, cryptocurrencies, and more, totaling over 12,000 instruments.

What trading platforms are available on CMC Markets?

Traders can access:

  • Next Generation Platform: A proprietary web-based platform with advanced charting and 115+ technical indicators;
  • MetaTrader 4 (MT4): Ideal for automated trading and expert advisors (EAs);
  • Mobile Apps: Available for iOS and Android, supporting full trading functionality.

Does CMC Markets charge commissions or fees?

CMC Markets fees:

  • Forex/CFDs: No commissions; costs are built into spreads (e.g., 0.6 pips for EUR/USD);
  • Stock CFDs: Flat$0.02/share commission (minimum $10/trade);
  • Inactivity Fee: £10/month after 12 months of no trading.

What is the maximum leverage offered by CMC Markets?

Professional clients can access 1:500 leverage, while retail traders are capped at 1:30 under ESMA and FCA regulations.

What account types does CMC Markets offer?

CMC Markets provides three primary account types:

  • Spread Betting: Tax-free in the UK, with floating spreads;
  • CFD Trading: Includes shares, forex, and commodities with commission charges on stock trades;
  • FX Active: Tailored for forex traders with tight spreads.

How long does account verification take?

Verification typically takes 1–2 business days after submitting proof of identity (e.g., passport) and address (e.g., utility bill).

What deposit and withdrawal methods are supported?

supported funding and payout methods include:

  • Deposits: Credit/debit cards (instant), bank transfers (1–3 days).
  • Withdrawals: Processed within 5 business days; no broker fees, but banks may charge.

Does CMC Markets offer a demo account?

Yes, a free demo account with virtual funds is available for practice.

What markets can I trade on CMC Markets?

Over 12,000 instruments, including:

  • Forex (330+ pairs)
  • Indices (80+ global)
  • Cryptocurrencies (e.g., Bitcoin, Ethereum)
  • Shares (10,000+ stocks)
  • Commodities (100+ metals, energies)

Is copy trading available on CMC Markets?

No, but MT4 integration allows third-party copy-trading tools.

What are customer support hours?

Support is available Monday–Friday, 8 AM–8 PM via live chat, email, or phone.

Are there Islamic accounts for swap-free trading?

No, CMC Markets does not offer Islamic accounts.

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