CMC Markets at a glance
CMC Markets stands out for its forex range, the platforms it offers and the protection provided by every company, though there are things to weigh up.
- More than 300 forex pairsCMC Markets says it has the widest range of currency pairs of any broker. Its offering also covers more than 15,000 shares, 5,000 ETFs and 100 commodities (UK forex page, UK shares page).
- Its own platform plus MT4 and TradingViewThe CMC Markets platform, MetaTrader 4 and TradingView, where you can trade from the chart. Its Australian company adds MetaTrader 5 (trading platforms).
- Protection at every companyCompanies authorised by the FCA, BaFin and ASIC, and negative balance protection for retail clients at all four, the global company included. That one is licensed in Bermuda.
- What to weigh upCMC Markets does not publish an average spread, and two of its own pages show different overnight mark-ups (costs and fees).
Leverage at CMC Markets’ global company
Leverage at CMC Markets’ global company, CMC Markets Bermuda Ltd, runs well above the 30:1 that retail clients get from its UK, German and Australian companies (maximum leverage). The global company states its figures as margin. A 0.5% margin works out to 200:1 (EUR/USD), and the margin rises on bigger positions. With more leverage you take bigger positions, so you face bigger losses and bigger gains.
- Up to 200:1 on goldGold needs 0.5% margin, or 200:1, and silver 1%, or 100:1 (gold, silver).
- Up to 200:1 on major forex pairsEUR/USD, GBP/USD and USD/JPY need 0.5% margin, also 200:1 (EUR/USD, GBP/USD, USD/JPY).
- Up to 20:1 on oilWTI and Brent crude need 5% margin, or 20:1 (WTI, Brent).
- Up to 10:1 on cryptoBitcoin, Ether and the other major coins need 10% margin, or 10:1 (BTC/USD, ETH/USD).
Is CMC Markets regulated where you live?
CMC Markets is regulated in every country it serves here. The company that opens your account, and its regulator, decide your leverage and protections, and where you live usually determines which CMC Markets company takes you on. Someone in Spain usually gets CMC Markets Germany GmbH, regulated by BaFin. Someone in Thailand usually gets the global company, CMC Markets Bermuda Ltd, licensed by the Bermuda Monetary Authority. That company offers more leverage, up to 200:1 on most major forex pairs.
The group also holds licences from the FCA, BaFin and ASIC, even if the global company takes you on. Those regulators check who owns and runs the group. Those regulators hold the group’s companies in their countries to their rules on capital and client money. Those rules protect only those companies’ clients. CMC Markets is listed on the London Stock Exchange, so its audited accounts cover the whole group, the global company included. The last column gives what the global company’s own terms say about your country.
| Country | Company that serves you | Highest retail leverage | Negative balance protection | The group’s global company | Highest retail leverage | Negative balance protection | Its terms on your country |
|---|---|---|---|---|---|---|---|
| Germany | CMC Markets Germany GmbH (BaFin) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| Spain | CMC Markets Germany GmbH (BaFin) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| France | CMC Markets Germany GmbH (BaFin) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| Italy | CMC Markets Germany GmbH (BaFin) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| Poland | CMC Markets Germany GmbH (BaFin) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| Portugal | CMC Markets Germany GmbH (BaFin) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| United Kingdom | CMC Markets UK plc (FCA) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Its terms don’t mention your country. That isn’t the same as accepting you. |
| Australia | CMC Markets Asia Pacific Pty Ltd (ASIC) | 30:1 | A retail right | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | Whether it takes residents of your country isn’t established. |
| Argentina | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Brazil | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Chile | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Colombia | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Mexico | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Peru | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Indonesia | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Malaysia | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Philippines | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Thailand | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
| Vietnam | CMC Markets Bermuda Ltd (Bermuda BMA) | 200:1 | A retail right | The same company | n/a | n/a | n/a |
These figures were checked between 4 October 2026 and 17 October 2026. Confirm them with the broker before you open an account.
The German company serves clients in France, Italy and Portugal directly, and its sites there name no local branch (French site, Italian site, sign-up). It also has a registered branch of its own in Spain, authorised by the CNMV under number 134 (Spanish site), and another in Poland. Only the United States and Belgium are named in the Bermuda company’s terms as excluded. Nowhere do those terms mention the 12 countries it serves here.
Forex basket at the global company
Forex pairs at the Bermuda company mostly receive its full advertised leverage. USD/CHF gets half of that full amount, and EUR/JPY lands somewhere between the two. Each limit comes from the first margin tier. The rate climbs across 3 or 4 tiers as a trade expands, so a big trade ends up with less leverage than shown. The company doesn’t publish any of the other columns, from spread and lot limits to overnight financing.
Key NP not published by the provider · † published, but hard for a person or a search engine to reach: only on a page a browser has to build, in a document, in an archived copy or at a web address with a campaign code added
| Instrument | Leverage ceiling | Spread | Commission | Contract size | Minimum lot | Maximum lot | Trading hours | Overnight financing |
|---|---|---|---|---|---|---|---|---|
| EURUSD† | 0.5% margin | NP | NP | NP | NP | NP | NP | NP |
| USDJPY† | 0.5% margin | NP | NP | NP | NP | NP | NP | NP |
| GBPUSD† | 0.5% margin | NP | NP | NP | NP | NP | NP | NP |
| AUDUSD† | 0.5% margin | NP | NP | NP | NP | NP | NP | NP |
| USDCAD† | 0.5% margin | NP | NP | NP | NP | NP | NP | NP |
| USDCHF† | 1% margin | NP | NP | NP | NP | NP | NP | NP |
| EURGBP† | 0.5% margin | NP | NP | NP | NP | NP | NP | NP |
| EURJPY† | 0.7% margin | NP | NP | NP | NP | NP | NP | NP |
These figures were checked on 27 September 2026. Confirm them with the broker before you open an account.
Crypto basket at the global company
Every crypto coin here carries the same leverage limit at the Bermuda company and is priced in US dollars. For some coins, the first tier ends at a very small trade size and the margin rate increases after that point.
Key NP not published by the provider · † published, but hard for a person or a search engine to reach: only on a page a browser has to build, in a document, in an archived copy or at a web address with a campaign code added
| Instrument | Leverage ceiling | Spread | Commission | Contract size | Minimum lot | Maximum lot | Trading hours | Overnight financing |
|---|---|---|---|---|---|---|---|---|
| BTCUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| ETHUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| XRPUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| SOLUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| BNBUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| DOGEUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| ADAUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
| LTCUSD† | 10% margin | NP | NP | NP | NP | NP | NP | NP |
These figures were checked on 27 September 2026. Confirm them with the broker before you open an account.
Account maximum against instrument ceilings
The Bermuda company sets the same account maximum for every basket. No instrument ceilings are published to set against it here, so you can compare instruments with the forex and crypto tables above. Gold sits at the full maximum in the company’s margin data.
Key NP not published by the provider
| Basket | Account maximum | Highest instrument ceiling | Lowest instrument ceiling |
|---|---|---|---|
| Forex | 200:1 | NP | NP |
| Crypto | 200:1 | NP | NP |
| Commodities | 200:1 | NP | NP |
| Shares | 200:1 | NP | NP |
These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account.
The UK, Australian and Bermuda companies apply margin tiers to each position. The German company also uses tiers, though it doesn’t publish them. All four companies state they provide 3 business days’ notice of a margin increase where they can. The Bermuda company’s terms allow it to act with less notice, or even none, if there is a valid reason.
Costs it publishes
CMC Markets publishes its inactivity fee as a figure, ten pounds a month, charged after an account sits unused for a year. It also names the benchmark rate that its overnight charge is based on.
| Attribute | Value |
|---|---|
| Average spread published | No |
| Method and period | No |
| Swap benchmark | Yes |
| Swap mark-up | Two figures, contradictory |
| Inactivity fee stated | Yes |
These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account.
Funding
Funding at the Bermuda company works by card, bank transfer, Skrill, Neteller and crypto. Crypto deposits are USDT or USDC through Binance Pay. The company says it charges no fee to deposit or withdraw, though your card issuer or payment provider may charge a fee (client disclosures, TradingView page). The UK and Australian companies list their own methods, and you’ll find them alongside other brokers’ on the UK and Australian comparison pages. Because the broker can change these terms and those in the by-country table below at its own discretion, always double-check them on the broker’s own website before you deposit.
Key NP not published by the provider
| Attribute | Value |
|---|---|
| Card deposits | Yes |
| Bank transfer | Yes |
| Crypto deposits | USDT, USDC |
| Base currencies | NP |
| Minimum deposit | NP |
| Deposit and withdrawal fees | No deposit or withdrawal fees from CMC Markets. Your card issuer or payment provider may charge a fee |
| Withdrawal time | NP |
These figures were checked between 29 September 2026 and 11 October 2026. Confirm them with the broker before you open an account.
Funding, by country
Funding works differently for each company. Cards are accepted in every country here. Where the Bermuda company opens your account you can also pay by bank transfer, Skrill or Neteller, and only there are crypto deposits accepted. The UK company doesn’t take crypto, and the German and Australian companies don’t say whether they do. PromptPay and Thai online banking aren’t available to Thai clients. Local rails are the ones the payment rails page shows for each country.
Key NP not published by the provider
| Country | Available | Card deposits | Local payment rails | Crypto deposits | Minimum deposit |
|---|---|---|---|---|---|
| Germany | Yes | Yes | Open banking (PSD2 payment initiation), SEPA Instant Credit Transfer | NP | None |
| Spain | Yes | Yes | None | NP | None |
| France | Yes | Yes | Open banking (PSD2 payment initiation), SEPA Instant Credit Transfer | NP | None |
| Italy | Yes | Yes | None | NP | None |
| Poland | Yes | Yes | Open banking (PSD2 payment initiation) | NP | None |
| Portugal | Yes | Yes | None | NP | None |
| United Kingdom | Yes | Yes | Open banking | No | NP |
| Australia | Yes | Yes | PayID | NP | None |
| Argentina | Yes | Yes | None | Yes | NP |
| Brazil | Yes | Yes | None | Yes | NP |
| Chile | Yes | Yes | None | Yes | NP |
| Colombia | Yes | Yes | None | Yes | NP |
| Mexico | Yes | Yes | None | Yes | NP |
| Peru | Yes | Yes | None | Yes | NP |
| Indonesia | Yes | Yes | None | Yes | NP |
| Malaysia | Yes | Yes | None | Yes | NP |
| Philippines | Yes | Yes | None | Yes | NP |
| Thailand | Yes | Yes | None | Yes | NP |
| Vietnam | Yes | Yes | None | Yes | NP |
These figures were checked between 27 September 2026 and 16 October 2026. Confirm them with the broker before you open an account.
Platforms and tools
Platforms differ between companies. The Australian site lists MetaTrader 4, MetaTrader 5 and TradingView, but the UK site only mentions MetaTrader 4 and TradingView, with no reference to MetaTrader 5. Hosted servers and Autochartist are Australian only.
Key NP not published by the provider
| Attribute | Value |
|---|---|
| MetaTrader 4 | Yes |
| MetaTrader 5 | Yes |
| cTrader | NP |
| TradingView | Yes, trading from its charts |
| Proprietary platform | CMC Markets platform |
| API access | NP |
| Copy trading | NP |
| Hosted servers | Conditional, Australia |
| Analysis tools | Autochartist (Australia) |
| Minimum lot | NP |
These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account.
What you can trade
CMC Markets’ UK pages list a total of 21,000 instruments, with more than 300 forex pairs among them (UK forex page). The global home page states more than 21,000 instruments in its text, but shows 12,000 in a figures strip (global home page). The UK forex page refers to 12,000 as the number of other instruments excluding forex pairs (UK forex page). The UK company doesn’t offer crypto, and no page read provides a crypto count.
Key NP not published by the provider
| Attribute | Value |
|---|---|
| Currency pairs | 300+ |
| Crypto CFDs | NP |
| Share CFDs | 15,000+ |
| ETF CFDs | 5,000+ |
| Index CFDs | 70+ |
| Commodity CFDs | 100+ |
| All instruments | 21,000 |
| Swap-free accounts | NP |
| Not offered at all | Crypto at its UK company |
These figures come straight from each broker’s published information, with no check date noted. Confirm them with the broker before you open an account.
More markets don’t always mean a better broker for you. Leverage, overnight financing, execution and costs often affect a trade more (what matters besides the market count).
Every company in the group
The Bermuda company’s terms say client money is segregated from the firm’s own funds, but it may be held outside Bermuda and may be pooled with other clients’ money. Two UK companies serve as its paying agents: CMC Markets UK plc and CMC Markets Services Limited (global site). CMC does not name a regulator for CMC Markets Services Limited.
Key NP not published by the provider
| Company | Regulator and licence | Company number | Licence source | Negative balance protection | Latest filed accounts |
|---|---|---|---|---|---|
| CMC Markets Bermuda Ltd | Bermuda BMA IBA standard licence, self-stated | 202302718 | The regulator’s register | A retail right | NP |
| CMC Markets UK plc | FCA FRN 173730 | 02448409 | The regulator’s register | A retail right | NP |
| CMC Markets Germany GmbH | BaFin 154814 | NP | The regulator’s register | A retail right | NP |
| CMC Markets Asia Pacific Pty Ltd | ASIC AFSL 238054 | ABN 11 100 058 213 | The regulator’s register | A retail right | NP |
These figures were checked between 4 October 2026 and 17 October 2026. Confirm them with the broker before you open an account.
What the group does not publish
Per-instrument figures make up most of what the group leaves unpublished. The basket tables show only the margin rate.
- API access
- Copy trading
- Swap-free accounts
- Minimum deposit
- Withdrawal time
- Spread: not published for 29 of the basket instruments
- Commission: not published for 29 of the basket instruments
- Contract size: not published for 29 of the basket instruments
- Minimum lot: not published for 29 of the basket instruments
- Maximum lot: not published for 29 of the basket instruments
- Trading hours: not published for 29 of the basket instruments
- Overnight financing: not published for 29 of the basket instruments
Common questions about CMC Markets
The company you’d be with changes the answers about CMC Markets, so each answer names that company.
Is CMC Markets regulated?
CMC Markets is regulated through CMC Markets UK plc (FCA 173730), CMC Markets Germany GmbH (BaFin 154814) and CMC Markets Asia Pacific Pty Ltd (ASIC AFSL 238054). CMC Markets Bermuda Ltd holds a licence from the Bermuda Monetary Authority, which includes the business in its list of licensed investment businesses.
Which CMC Markets company would I be with?
The CMC Markets company you’d be with usually depends on where you live, and its regulator sets your leverage and protections. You usually deal with the UK company if you live in the UK, and the Australian one if you live in Australia. Germany, Spain, France, Italy, Poland and Portugal usually get the German company, while Latin America and South-east Asia usually get the Bermuda one.
What leverage does CMC Markets offer?
CMC Markets gives retail clients 30:1 at its UK, German and Australian companies. The Bermuda company offers up to 200:1 on forex, but less on crypto, shares and larger trades.
What is CMC Markets’ minimum deposit?
CMC Markets’ Australian and German companies ask for no minimum deposit (German funding FAQ). The UK and Bermuda companies don’t publish a minimum deposit.
Does CMC Markets offer MT4, MT5 or TradingView?
CMC Markets provides MT4, TradingView and its own platform. Its Australian company also makes MT5 available. There is no published information on whether cTrader or copy trading is offered.
Does CMC Markets have negative balance protection?
CMC Markets offers negative balance protection to retail clients at all four of its companies.
Opening a CMC Markets account
Ready to open an account?
You open a CMC Markets account through the group’s own sign-up. There’s no guarantee whether the local company or the global one takes you on. You can tell which company took you on from the company name on your account documents. The leverage you’re offered as a retail client can tell you too: 30:1 means a company under a local leverage cap, such as the UK or EU one, and anything higher means the global company. If you’re not sure, CMC Markets’ customer support can tell you which company holds your account. Read the risk warning below before you put money in.
Sign up with CMC MarketsRisk warning
A well-regulated counterparty doesn’t make the product safe
A well-regulated counterparty protects you against one thing: the firm failing while it holds your money. That protection does nothing about a move in price against you, and that event is far more likely. Read the risk disclosure before opening any account.
Sources
The original documents this page cites, in the order they first appear.
- CMC Markets — Forex (UK site), CMC Markets UK plc, 2026-10-16
- CMC Markets — Shares trading (UK site), CMC Markets UK plc, 2026-10-16
- Financial Conduct Authority, FCA
- Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin
- Australian Securities and Investments Commission, ASIC
- CMC Markets (Bermuda) — EUR/USD instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Gold - Cash instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Silver - Cash instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — GBP/USD instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — USD/JPY instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Crude Oil West Texas - Cash instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Crude Oil Brent - Cash instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Bitcoin (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Ethereum (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets — Accueil (France), CMC Markets Germany GmbH, 2026-10-15
- CMC Markets — Home (Italy), CMC Markets Germany GmbH, 2026-10-15
- CMC Markets — Account sign-up, CMC Markets, 2026-10-15
- Comisión Nacional del Mercado de Valores, CNMV
- CMC Markets — Inicio (Spain), CMC Markets Germany GmbH, 2026-10-15
- CMC Markets (Bermuda) — AUD/USD instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — USD/CAD instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — USD/CHF instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — EUR/GBP instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — EUR/JPY instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — XRP (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Solana (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — BNB (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Dogecoin (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Cardano (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets (Bermuda) — Litecoin (USD) instrument data, CMC Markets Bermuda Ltd, 2026-09-27
- CMC Markets — Client disclosures (global site), CMC Markets Bermuda Ltd, 2026-10-11
- CMC Markets — TradingView (global site), CMC Markets Bermuda Ltd, 2026-10-11
- CMC Markets — Home (global site), CMC Markets Bermuda Ltd, 2026-10-15
- Regulated entities, Bermuda Monetary Authority
- FCA Financial Services Register: CMC Markets UK plc, FRN 173730, Financial Conduct Authority
- BaFin company database: CMC Markets Germany GmbH, Bundesanstalt für Finanzdienstleistungsaufsicht
- ASIC Australian Financial Services licensee dataset, October 2026, Australian Securities and Investments Commission, 2026-10
- CMC Markets — Kontokapitalisierung FAQ (Germany), CMC Markets Germany GmbH, 2026-10-11
