CMC Markets Review 2025 | Is CMC Markets a Scam or Legit Forex Broker?

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CMC Markets

CMC Markets

2.8 / 5

Rating breakdown

Security
80%
4.0/5
Ease of Use
20%
1.0/5
Tradable Assets
20%
1.0/5
Deposit and withdrawal
100%
5.0/5
Trading Fees
50%
2.5/5
Support
60%
3.0/5

Top alternative : Bullwaves

Is CMC Markets safe? Yes CMC Markets is a safe and secure broker. However, No broker is perfect, and CMC Markets is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to CMC Markets. So which brokers are better than CMC Markets? Want to jump straight to the answer?

View alternatives

Read our CMC Markets review to find out if CMC Markets is a scam or a reliable forex broker. Unbiased Forex brokers reviews that serve the interests of our users.

CMC Markets Review and Analysis

Overview

CMC Markets ReviewCMC Markets is the award-winning UK based online FX and CFD brokerage firm that was established in 1989. The company is listed in the London Stock Exchange under the ticker CMCX

Investor Protection & Regulations

A forex broker with licenses from world’s top financial watchdogs

Tradeable Products

Over 10,000 trading instruments with competitive spreads

Fees and Commissions

CMC Markets fees and commissionsCompetitive fixed spreads from as low as 0.7 for forex pairs

Trading Platform

CMC Markets trading platformA proprietary trading platform with an assortment of technical analysis tools, news feed, and chat functionA robust native mobile app available for Android and iOS devices

Account Types

Three-step account opening process. Traders have three account choices

Deposit and withdrawal

CMC Markets Deposit and WithdrawalThree account funding options with no minimum deposit requirement

Usability

Novice, intermediate and veteran traders will find this broker resourceful

Customer Support

CMC Markets customer supportMultilingual customer support available on a 24/5 basis. Help available through in-depth FAQ’s, Live Chat, email, and phone

Education and Research

E-books, videos, and webinars for beginners, intermediate, and veteran traders

Overall Conclusion – Final Thoughts

Highly regulated broker across multiple jurisdictions

CMC MARKETS Social proof

CMC MARKETS Social proof is the reviews, testimonials, and social shares that customers provide about CMC MARKETS that help lead others to make any purchase decisions. Last Updated Date: 21/08/2024
Channel CMC Markets Social proof
Instagram
Facebook Account with 34k followers
Twitter Account with 30.4k followers
Youtube Account with 19.8k subscribers and 2.1k uploaded videos
Telegram Does not have a Telegram channel
Discord Does not have a Discord channel

Traders comments and Reviews about CMC MARKETS

Sites like Trustpilot provide excellent third-party social proof. Please be aware that there is no guarantee whether or not fake reviews are or are not present. These can lead to bias and compromise the reliability of reviews.
TrustPilot CMC Markets TrustPilot Customer Reviews, Feedback and Complaints
Trustpilot On Trustpilot, CMC Markets has currently 2k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.20/5.00. Reviewers embracing CMC Markets most frequently mention Easy to use platform, and Customer Service is above excellence. CMC Markets also has a fast and reliable support team that will provide you with all the necessary information you require from them or if you are unsure of anything.

CMC Markets firm's reply behavior to negative reviews is up to the standard having replied to 87% negative reviews with a response time to their negative reviews in less than 30 days.

CMC Markets Read TrustPilot Customer Reviews, Feedback and Complaints

Real Benefits according to the Positive Users' Reviews

  • Easy to use platform
  • Customer Service is above excellence

Main Complains according to the Users' Reviews

  • The app and website keep freezing
Easy to use and small overnight charge if you keep an open trade. Very fast execution of trades as well much quicker than others it is instant which I like you get the entry price you want.

TrustPilot Reviews' Key takeaway

Broker's Features CMC MARKETS Availability
Commissions ❌
Hedging ❌
PAMM ❌
Scalping ❌
Accepts US traders ❌
24 hour trading ❌
Swaps ❌
Demo account ✔
Daily analysis ❌
Automated trading ❌
Mobile trading ❌
Trading by phone ❌
1st deposit bonus ❌
Forex contests competitions ❌
Bonuses Promotions ❌
Interest charges on the balance ❌
Free education ❌
Expert advisors ❌
Partnership programs ❌
Trust management ❌
24 hour support ❌

People Also Asked

Is CMC Markets regulated?
Yes, CMC Markets is regulated by top-tier regulators, FCA inclusive.
Where is CMC Markets based?
CMC Markets is based in , United Kingdom
How does CMC Markets make money?
CMC Markets charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in CMC Markets account?
With CMC Markets you can deposit money via the following means; Credit Card, Wire Transfer.
How do I withdrawal in CMC Markets account?
CMC Markets lets you request a withdrawal of funds from your account via the following means; Credit Card, Wire Transfer.
What is the minimum deposit for CMC Markets?
CMC Markets has $200 minimum deposit.
What is the max leverage in CMC Markets?
CMC Markets has a maximum leverage is 1:30 for professional traders.
Does CMC Markets use MetaTrader?
CMC Markets platforms: No, CMC Markets do not use MetaTrader but it uses the following platforms: CMC Web Platform
What type of broker is CMC Markets?
CMC Markets appears to be a Dealing Desk, Market Maker broker which offers market access to a variety of traders.
Does CMC Markets accept US clients?
No, CMC Markets does not accept US clients
Does CMC Markets offers Islamic accounts?
No, CMC Markets does not offer Islamic accounts
What financial instruments can I trade?
You can trade a wide variety of instruments with CMC Markets: You can trade a wide variety of instruments with CMC Markets: Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency, Futures

Are you Satisfied with what They Offer?

YES! Grab it!
NO. Show me Alternatives