CMC Markets Review Singapore 2026

Is CMC Markets safe? MAS licence, CMC Markets Singapore Pte Ltd

Yes. The MAS Financial Institutions Directory, read on 24 September 2026, lists CMC Markets Singapore Pte Ltd, and our search of MAS enforcement actions and media releases on that date found none naming the licensee as its subject.

What FID lists for the entity

For what the MAS register lists for this firm, see our record of the FID entries we read, which prints the dealing permissions and licence types and links the entity’s own Directory record.

MAS actions and the Investor Alert List

Our search on the same read found two MAS media releases that name the firm. A March 2017 release records a conviction of an individual for a scheme that defrauded two CFD providers, IG Asia Pte Ltd and CMC Markets Singapore Pte Ltd, and a September 2012 release records civil penalty action against an individual whose trades took place in accounts maintained with the firm. Neither names the licensee as its subject.

This page covers CMC Markets Singapore Pte Ltd for Singapore traders, and our CMC Markets review covers the brand worldwide.

CMC Markets client money

The money questions a Singapore client asks are where their funds are held and what happens if a balance turns negative.

Where a Singapore client’s money is held

The firm states that it holds client money in segregated client bank accounts, clearly distinguishing it from its own (the firm’s Singapore about-us page).

Who a Singapore client contracts with

The entity a Singapore client contracts with is CMC Markets Singapore Pte Ltd. The firm’s own Singapore site prints the name as CMC Markets Singapore Pte. Ltd.

Negative balances

The firm’s Terms of Business state that any negative balance must be cleared promptly.

CMC Markets at a glance: 3 key facts

CMC Markets spreads and commission

The firm advertises EUR/USD pricing for its accounts on two Singapore pages, and the figures differ between them.

CFD (Next Generation)

The firm advertises a minimum EUR/USD spread of 0.5 pips, “starting from”, in points, for the CFD (Next Generation) account (the firm’s trading-costs page).

FX Active

On the firm’s active-trader page, the FX Active account carries an advertised EUR/USD minimum of 0 pips, and the same table gives 0.8 as the standard CFD account minimum, a higher figure than the trading-costs page’s advertised minimum.

Commission

The firm states that FX Active commission is charged at a fixed rate of 0.0025% per transaction (the firm’s active-trader page).

What it costs to trade with CMC Markets

What a trade costs here is the advertised spread for your account and, on FX Active, the commission; both are in the spreads section.

Other fees a Singapore trader should check

Beyond spreads and commission, the firm states a transaction fee on Mastercard and Visa card deposits on its funding page. Before you trade, check overnight holding costs and currency conversion costs on the firm’s Singapore site.

CMC Markets deposits and withdrawals

I would use FAST or PayNow, both of which the firm lists at no cost, and avoid the card route.

Deposit methods (Singapore clients)

For a Singapore retail trader, I would treat the free local routes as the default choice.

Withdrawals

The firm states local remittances take 1-2 business days. I would plan withdrawals around that stated window rather than assuming same-day settlement.

CMC Markets account types and minimum deposit

In my opinion the split is straightforward: FX Active suits traders focused on the major pairs that account covers.

Minimum deposit

The firm states no minimum deposit. Its funding FAQs say you cannot place a trade unless there are sufficient funds in your account to open a position.

If you want to practise before funding an account, the firm’s funding FAQs mention a free demo account with virtual funds. Our page of brokers on our list with a forex demo account lists CMC Markets among the fourteen firms that offer one in Singapore.

CMC Markets trading platforms

The firm’s Singapore site names three platforms: Next Generation, MetaTrader 4, and TradingView. In my opinion, having MetaTrader 4 alongside the firm’s own Next Generation platform is a real convenience if you already know MT4, and TradingView gives charting-focused traders a familiar route in.

CMC Markets app

CMC Markets' app CMC Trading: Spread Bet & CFDs is rated 4.1 out of 5 from 90 ratings on the Singapore App Store, checked 1 October 2026.

View on the App Store

CMC Markets execution speed and slippage

Our global panel of 36 brokers measured CMC Markets at 138 ms for limit orders, 18th of 36, and 180 ms for market orders, 26th of 36. These are figures from our global broker test, not a Singapore test, and no fill time was measured on a Singapore account.

A fill time tells you how quickly an order was filled, not the price you got: two fills at the same speed can slip differently. The advertised spreads in the spreads section matter as much as speed to what you actually pay.

CMC Markets markets

The firm states you can trade on up to 300 forex pairs with leverage on its CFD platform.

CMC Markets leverage and margin for Singapore clients

I would read the firm’s risk warning in full before your first CFD trade.

The rule that binds every MAS licensee alike is Table 18 of the Fourth Schedule to the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (Rg 13), regulation 24A: minimum margin of 5% for a retail customer (20:1, our arithmetic) and 2% for an accredited, expert or institutional investor (50:1, our arithmetic).

CMC Markets, IG, and Interactive Brokers compared for Singapore traders

In our rated Singapore set, ordered by score across the 18 firms, IG sits third, FOREX.com fourth, CMC Markets fifth, and Interactive Brokers sixth. On pricing, IG states a 0.6 pip EUR/USD minimum and a 1.04 pip average on its CFD account, with 0.85 as the 00:00 to 21:00 average; its stated minimum sits above FX Active’s advertised 0.

Interactive Brokers Singapore Pte. Ltd. takes sixth place with 62.3 out of 100 (global), one place below CMC Markets in the same order. In my view the gap between the two scores is small enough that platform and product fit should decide, not the ranking alone.

What other review sites say about CMC Markets

These are ratings of CMC Markets from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	4.3 / 5	3,479	1 October 2026
TradingView	4.2 / 5	1,230	2 October 2026

CMC Markets holds a Trustpilot rating of 4.3 out of 5 from 3,479 reviews, checked 1 October 2026.

On TradingView, CMC Markets is rated 4.2 out of 5 from 1,230 ratings, checked 2 October 2026. The TradingView profile for CMC Markets shows 11.3K traders, the count of those who have connected an account through TradingView. TradingView shows the Best 2025 badge on the profile.

App Store and Google Play ratings for CMC Markets

Our score is based on published criteria and is not influenced by these third-party ratings.

Should you open an account with CMC Markets?

Yes, I would open an account with CMC Markets Singapore Pte Ltd if you are a Singapore CFD trader who wants a wide market range and a choice of platforms, and you accept the firm’s advertised costs.

CMC Markets Singapore Pte Ltd is the entity you contract with, and our search found no MAS action naming it as its subject. I would fund through a free local route rather than the card route, and read the firm’s Terms of Business in full. Before depositing, check the licence details for yourself on the MAS Financial Institutions Directory and the funding costs on the firm’s Singapore site.