scambrokersreview.com| Regulation | FCA (UK), ASIC (Australia), MAS (Singapore), FMA (New Zealand) |
| Founded | 1989 |
| Min. Deposit | USD 0 |
| Platforms | Next Generation, MT4 |
| Spread From | 0.7 pips (Standard) |
Overview
CMC Markets is one of the oldest and most established spread betting and CFD brokers in the world, founded in London in 1989. It is listed on the London Stock Exchange and regulated by top-tier authorities across four jurisdictions, offering over 12,000 instruments through its proprietary Next Generation platform.
Regulation and Safety
CMC Markets is regulated by the FCA (UK, licence 173730), ASIC (Australia, AFSL 238054), MAS (Singapore), and FMA (New Zealand). As a publicly listed company on the London Stock Exchange, CMC Markets is subject to comprehensive financial reporting and disclosure requirements beyond standard broker regulation.
Trading Conditions
CMC Markets offers competitive spreads from 0.7 pips on EUR/USD with no commission on Standard accounts. The platform charges a holding cost on positions held overnight. The Next Generation platform is award-winning and includes advanced charting, price projection tools, and news integration not found on generic platforms.
Pros and Cons
- FCA-regulated and LSE-listed for maximum transparency
- Award-winning Next Generation platform
- Over 12,000 instruments including indices and commodities
- Competitive spreads for a spread betting model
- Robust risk management tools
- Next Generation platform not available in all regions
- Holding costs apply to all overnight positions
- MT4 integration limited to select regions
- Share CFDs have minimum deal sizes
Verdict
CMC Markets is an excellent choice for UK and Australian traders seeking a sophisticated spread betting and CFD platform under FCA or ASIC regulation. Its Next Generation platform is genuinely superior to standard MT4/MT5 for chart analysis and market research.
