FBRForex Broker Rating
ET
Written by Editorial Team
Updated
CMC Markets logo

CMC Markets Review

Overall Rating
4.6 / 5
Fees
4.5 / 5
Safety
4.7 / 5
Platforms
4.7 / 5
Education
4.6 / 5
Min. deposit
$0

CMC Markets — At a Glance

Regulation
FCA (United Kingdom), BaFin (Germany), CIRO (Canada), ASIC (Australia), FMA (New Zealand), MAS (Singapore), DFSA (United Arab Emirates)
Broker Type
Market Maker, DMA
Minimum Deposit
$0
Payment Methods
Bank Transfer, Credit Card, Debit Card, Paypal
Account Currencies
GBP, USD, EUR, CAD, CHF, AUS, HKD, NOK, NZD, PLN, SEK, SGD
Assets Offered
Forex, CFDs, Spread Betting
Trading Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Demo Account
Yes
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
Swap Free Account
No
Managed Account
Yes
PAMM / MAM Trading
No
Joint Account
Yes
Social / Copy Trading
No
Hedging
Yes
Scalping
Yes
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
No
VPS Hosting
Yes
Bonuses
No
Contests
No
Headquarters
133 Houndsditch, London, EC3A 7BX, United Kingdom.
International Offices
United Kingdom, Australia, Canada, Germany, New Zealand, Norway, Poland, Singapore, Spain, United Arab Emirates
Languages
USD, GBP, EUR, CHF, NZD, CAD, SEK, PLN, SGD, HKD, AUD, NOK
Customer Support
Email, Phone, Live Chat, Whatsapp, Messenger

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

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.