CMC Markets Review Of 2026

CMC Markets Summary

Trading Fees

CMC Markets offers a commissions-free Standard Account and FX Active account, enabling you to trade forex with spreads from 0.5 pips on EUR/USD.

1. Raw Account Spreads

CMC Markets’ raw spreads are not competitive compared to the industry average. In the table below, you will see that they have a better spread only with USD/SGD.

2. Raw Account Commission Rate

CMC Markets’s Raw Account charges a commission of $2.50/£2.50 per side (per 100k traded) consistently for all currency accounts.

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

In addition to forex trading, CMC Markets offers competitive spreads and commissions across a variety of CFD trading instruments. These costs vary depending on the type of asset being traded. Here’s a breakdown of the typical spreads and commission fees for different CFD categories:

• Index Spreads: Starting from 1.0 pips.
• Cryptocurrency Spreads: For Bitcoin, spreads begin at 40.
• Commodity Spreads: As low as 0.3 for Gold.
• Treasury Spreads: Starting from 2.0.
• Share CFDs: Commission fees start at 0.04%, with specific rates of 0.08% in the UK and 2 cents per unit in the US.

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: CMC Markets charges a dormancy fee after 12 months of no trading activity. For Australian accounts the fee is $15 a month, taken in your account’s base currency. It will not take your balance below zero, so it only applies while the account holds funds.

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.

Trading Platforms

CMC Markets offers three trading platforms for CFD trading: its proprietary Next Generation platform, MetaTrader 4 (MT4), and TradingView.

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

CMC Markets provides access to MetaTrader 4 (MT4), renowned as the leading forex trading platform. MT4’s appeal lies in its capabilities for automated trading through Expert Advisors (EAs), along with advanced order types, comprehensive technical analysis tools, and a user-friendly interface. However, it’s important to note that trading on MT4 with CMC Markets does not offer access to their complete range of products. You can find out more about the Best MT4 Brokers here.

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.

Mobile Trading Apps

CMC Markets provides trading apps for both MT4 and the Next Generation platform, with the brokers mobile trading experience being awarded in our Best Brokers for Beginners for 2026 Review. The Next Generation app, available for iOS and Android, mirrors the desktop version’s functionality, offering access to CMC Markets’ full range of trading instruments, complex orders, account details, screeners, and charting tools. The app is fully customizable, allowing traders to tailor their mobile experience. The MT4 mobile app maintains key features like advanced charting and technical indicators, and supports automated trading with Expert Advisors. For added security, MT4 incorporates a One-Time Password (OTP) feature, enhancing safety when accessing trading accounts. In terms of security for the Next Generation app, the iPhone version includes fingerprint authentication, although this feature is not available on the Android version. Trade Experience CMC Markets delivers efficient order execution on both its Next Generation platform and MetaTrader 4 (MT4). The Next Generation platform ensures fast, 100% automated execution, complemented by a variety of order types for flexible trade placement and enhanced risk management. This high-speed execution is a feature of CMC Markets thats won multiple awards for Best Trade Execution and Best Trading Technology Provider. CMC Markets’ MT4 platform also offers fast trade execution. This speed is crucial for the platform’s automated trading feature, which uses Expert Advisors (EAs) to execute complex strategies quickly and with minimal manual input. Verdict on CMC Markets Trading Platforms

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.

Is CMC Markets Safe?

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

1. Regulation

CMC Markets is regulated by five tier-1 regulators, two tier-2 regulators and one tier-3 regulator.

2. Reputation

CMC Markets was founded in 1989 and has headquarters in London, UK. They demonstrate a solid visibility in the online trading space. With approximately 90,500 monthly Google searches, it ranks as the 22nd most popular forex broker among the 67 brokers analyzed. 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. The company is publicly listed on the London Stock Exchange with a market capitalization of approximately £700 million as of 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.

Show all 65 countries

Country	2026 Monthly Searches
Italy	720
France	720
Indonesia	720
Malaysia	720
Austria	590
United Arab Emirates	480
Hong Kong	480
Sweden	480
South Africa	320
Pakistan	320
Nigeria	320
Netherlands	320
Japan	320
Thailand	260
Turkey	210
Vietnam	210
Ireland	210
Brazil	170
Philippines	170
Switzerland	170
Taiwan	170
Cyprus	140
Cambodia	140
Kenya	110
Portugal	110
Bangladesh	90
Greece	90
Mexico	90
Morocco	70
Egypt	50
Colombia	50
Saudi Arabia	50
Argentina	50
Uganda	50
Panama	50
Algeria	40
Ghana	40
Sri Lanka	40
Peru	40
Tanzania	30
Chile	30
Uzbekistan	30
Jordan	30
Ecuador	20
Uruguay	20
Ethiopia	20
Mauritius	20
Venezuela	10
Dominican Republic	10
Bolivia	10
Botswana	10
Costa Rica	10
Guatemala	10
Mongolia	10
Honduras	10

3. Reviews

CMC Markets has a Trust score of 4.2 out of 5.0 on TrustPilot from 3,391 reviews.

Screenshot of CMC Markets’s Trustpilot profile, captured September 2026. We recapture these monthly, so the figure above is the one on the profile at that date rather than a number typed in once and left to age.

Verdict on CMC Markets Trustworthiness

Established in 1989, CMC Markets has earned a high trust score of 9/10, reflecting its longstanding reputation and robust regulation by top authorities like ASIC and FCA.

Deposit and Withdrawal

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

CMC Markets provides various funding methods such as credit/debit cards, bank transfers, PayPal, and electronic wallets, all without any deposit fees. Whether fees apply depends on the CMC Markets branch you are trading with, as shown below.

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.

Product Range

CMC Markets is well-known for its diverse range of 12,000+ CFD trading products which includes 330+ forex pairs on the CMC platform (175 on MT4), 10,000+ shares, and 39 cryptocurrencies like Bitcoin. The image below shows the online brokers full range of instruments available. If you are an Australian resident, you can also access CMC Markets stockbroking services. Meanwhile, in the UK, spread betting is available as a tax-efficient alternative to CFD trading. Verdict on CMC Markets Trading Products

CMC Markets excels with a diverse range of over 12,000 trading products, including fx pairs, shares, and cryptocurrencies, complemented by stockbroking in Australia and spread betting in the UK.

Customer Service

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.

The main office that CMC Markets’ customer service is based out of CMC Markets UK plc, 133 Houndsditch, London. There are also 12 other offices as shown below, each with its own contact number and e-mail address.

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.

Final Verdict on CMC Markets

CMC Markets, established in 1989, is a leading forex broker offering a wide range of over 12,000 CFD products. With competitive EUR/USD spreads from 0.5 pips and a diverse selection of trading instruments, including forex pairs, shares, and cryptocurrencies, CMC Markets caters to a global audience. The broker is regulated in key markets like the UK, Australia, Singapore, NZ, and Canada, ensuring a high level of trust and safety with a trust score of 68. Traders have access to two main trading platforms: MetaTrader 4, known for its automated trading capabilities, and the Next Generation platform, renowned for its advanced charting package and trading tools. While the Next Generation platform offers the full range of CMC Markets’ products, MT4 does not provide access to the complete product range. The broker also excels in customer service, offering 24/5 support in multiple languages, and a comprehensive suite of educational resources, including webinars and market analysis, to support traders at all levels. With flexible funding and withdrawal options, including fee-free methods and no minimum deposit requirement, CMC Markets is a strong choice for traders seeking a comprehensive and cost-effective trading experience. Verdict on CMC Markets Research and Education

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.

About the Review

In reviewing CMC Markets, the team closely followed our comprehensive methodology for assessing forex fees, involving a deep dive into CMC Markets’ published fee information and real-time trading tests. Monthly, we analyze brokers’ fee data, including that of CMC Markets, and test these fees in actual trading environments using advanced monitoring tools. This rigorous process ensures the review is both factual and reflective of real trading conditions, providing traders with an accurate evaluation of CMC Markets’ fee structure.

For a complete understanding of our review methodology, please visit Forex Fees page.