Pros
- Low forex fees
- Great web and mobile platforms
- Advanced research and educational tools
Cons
- High stock CFD fees
- Customer support only 24/5
- Only CFDs are available
CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK’s FCA.
It has low forex fees and there is no charge for deposits and withdrawals. The web and mobile trading platforms are well-designed, highly customizable and rich with features such as an advanced order panel. Research and educational tools are also wide-ranging and sophisticated.
On the downside, stock CFD fees are high. The product portfolio covers only CFDs (forex, indices, commodities, shares, ETFs, bonds, and crypto for non-UK clients) and customer service, while helpful, is available only 24/5.
CMC Markets Features
| Features | CMC Markets |
| Minimum Deposit | None |
| Fund Withdrawal Fee | No fees |
| Spreads from | 0.7 pips on Forex |
| Commissions | No commission on Forex and most CFDs |
| Swap Fees | Yes |
| Leverage | Up to 1:500 |
| Margin requirements | Varies by asset and region |
| Account Segregation | Yes |
| Negative balance protection | Yes |
| Investor Protection Schemes | 🇬🇧 FSCS (UK), 🇨🇦 CIPF (Canada) |
| Institutional Accounts | Yes |
| Regulation | FCA,IIROC , ASIC , FMA ,MAS |
| Open an Account | Click here |
Fees
CMC Markets has competitive forex fees and there are no charges for deposits and withdrawals. However, CFD fees are high. We compared CMC Markets’s fees with two similar brokers we selected, IG and XTB. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of CMC Markets alternatives.
