FBRForex Broker Rating
Adam Peters
Written by Adam Peters
Broker Analyst
Updated
CMC Markets logo

CMC Markets Review

Key Facts

Regulation
FCA · BaFin · CIRO+4 more
Broker Type
Market Maker, DMA
Min. Deposit
$0
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Fees
Low
Max Leverage
1:500
Demo Account
Yes

Our Ratings

4.6
out of 5
Safety & Regulation4.7
Fees & Costs4.5
Platforms & Execution4.7
Education4.6

73% of retail FX and CFD accounts lose money.

Pros & Cons

Pros

  • +Strong global regulatory oversight
  • +List on the stock exchange
  • +Fast and easy account opening
  • +No minimum deposit
  • +No deposit or withdrawal fee
  • +12,000+ tradable assets, including 330+ FX pairs
  • +Low forex trading fees
  • +Negative balance protection
  • +Demo account for practise trading
  • +Advanced and user-friendly web and mobile platform
  • +Supports TradingView, MT4, and MT5

Cons

  • Limited product offering
  • Inactivity fee after a year

CMC Markets - At a Glance

Trading Conditions

Broker Type
Market Maker, DMA
Minimum Deposit
$0
Maximum Leverage
1:500
Spread Type
Variable
Spread From
0.6 pips
Commission
$0 (Standard Account) $2.50 (FX Active Account)
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
300
Hedging
Yes
Scalping
Yes
Assets Offered
Forex, CFDs, Spread Betting

Account Types

Demo Account
Yes
Swap Free Account
No
Managed Account
Yes
PAMM / MAM Trading
No
Joint Account
Yes
Social / Copy Trading
No
Bonuses
No
Contests
No

Platforms & Tools

Trading Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
No
VPS Hosting
Yes

Company

Regulation
FCA (United Kingdom), BaFin (Germany), CIRO (Canada), ASIC (Australia), FMA (New Zealand), MAS (Singapore), DFSA (United Arab Emirates)
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Headquarters
133 Houndsditch, London, EC3A 7BX, United Kingdom.
International Offices
United Kingdom, Australia, Canada, Germany, New Zealand, Norway, Poland, Singapore, Spain, United Arab Emirates
Payment Methods
Bank Transfer, Credit Card, Debit Card, Paypal
Account Currencies
GBP, USD, EUR, CAD, CHF, AUS, HKD, NOK, NZD, PLN, SEK, SGD
Languages
USD, GBP, EUR, CHF, NZD, CAD, SEK, PLN, SGD, HKD, AUD, NOK
Customer Support
Email, Phone, Live Chat, Whatsapp, Messenger

73% of retail FX and CFD accounts lose money.