Abstract:CMC Markets is a brokerage firm registered in the United Kingdom and regulated by FCA, FMA, MAS, and CIRO. With over 30 years of experience, they offer 10,000+ trading instruments including forex, indices, commodities, shares, and cryptocurrencies. Traders can access their services through the popular MT4/MT5 platforms as well as CMC Platform.
CMC Markets Review at a Glance
In general, CMC Markets offers quite competitive trading conditions - up to 1:200 leverage for retail clients, tight spread from 0.0 pips, free deposits and withdrawals, as well as MetaTrader4 and MetaTrader5 platforms. Traders can also choose the proprietary CMC NextGen platform to start trading with no minimum deposit requirement.

Is CMC Markets Safe and Legit?
Yes. CMC Markets currently holds five valid regulatory licenses from four countries, including the Financial Conduct Authority (FCA) in the UK, the Financial Markets Authority (FMA) in New Zealand, the Canadian Investment Regulatory Organization (CIRO), and the Monetary Authority of Singapore (MAS). You can verify CMC Markets' regulatory status and explore more details on WikiFX.
Besides, as a CMC Markets‘ client, your money is held separately from CMC Markets’ funds. It is held in segregated client bank accounts distributed across a range of major banks, which are regularly assessed against CMC Markets' risk criteria. Under the BMA rules, retail clients must be provided with negative balance protection. This means the maximum amount you can lose is what you initially deposit with CMC Markets.
CMC Markets Account
If you are interested in trading with CMC Markets, before exposing yourself to the risks of live trading, you had better open a risk-free demo account to test the waters.
Demo Account
The good news is that CMC Markets supports demo trading, which provides a risk-free environment to practice trading strategies, familiarize yourself with the platform, and gain confidence before committing to real funds.
You can open demo accounts on MT4, MT5, or CMC NextGen platforms.
The MT4 and MT5 demo accounts are available for an initial period of 30 days and will expire after 30 days of inactivity, while the Next Generation demo account has no expiry date.
The default demo balance is $10,000.
Account Types
CMC Markets also offers two types of live accounts, Standard and FX Active. So, it's not difficult to choose.
Generally, the Standard account is suitable for all traders, whether you are a beginner or a professional trader, while the FX Active account is more suitable for active FX traders.
Both account types have no minimum deposit requirement and a maximum retail leverage of 1:200, which is very friendly for beginners.
However, in terms of spreads and commissions, the two accounts are different. For the Standard account, there is no commission but the spread starts from 0.6 pips. By contrast, the FX Active account holders can enjoy raw spreads from 0.0 pips but have to pay 0.0025% commission.
You can view the table below to quickly understand the similarities and differences between the two account types.
CMC Markets Account Opening (Step by Step)
Opening a CMC Markets account is very simple and easy, and usually takes 1-3 days.
Before we start, let's check if CMC Markets is available in your country.
From the stealthy text at the bottom of the homepage, we see that CMC Markets does not offer services to traders from the United States, or Belgium, and is not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

If you are not from the above regions, you can continue to follow us and learn about how to sign up for a CMC Markets account.
Note: Whether you want to open a demo account or a live account, the following step-by-step guide is applicable.
Step 1: Visit CMC Makkets' website.
Step 2: Choose your platform.
Step 3: Choose your country of residence.
To be specific,
Step 1: Go to the CMC Markets website and directly click the “OPEN ACCOUNT” button at the right corner of the top of the homepage, as the following screenshot shows.

Step 2: Then, the pop-up window Register for your account will pop up. You need to choose your preferred platform, MetaTrader or CMC NextGen.

Step 3: If you choose the MetaTrader platform, and click the “Continue” button, the pop-up window “Start trading global markets” will pop up. You need to select your country and click the “Continue” button. Then you will be redirected to your regional website.


Here, we select “Singore”, and we are directed to the Singapore region website. Just click the Try risk-free demo button to get started.

Now, let's go back to choosing a platform. If you choose the “CMC NextGen” button, and click the “Continue” button, you will also be directed to choose your country. Select your country of residence and click the Get started button to get started.


CMC Markets Deposit & Withdraw
Once you have signed up for a CMC Markets trading account, you can fund your account with any amount you want because there is no minimum deposit requirement.
Like most brokers, CMC Markets accepts payments via credit cards and online banking.
It also offers fast withdrawals. In most cases, you can get your money back within 1 day.
Basic deposits and withdrawals are free of charge, but there may be exceptions.
For a detailed deposit and withdrawal process, you can log in to your MT4 or MT5 client portal or the Next Generation platform and follow the instructions in the funding section.

CMC Markets vs Other UK Brokers
Write at the End
We hope this guide serves as a valuable resource for your trading journey, and we wish you success on the CMC Markets platform! If you want to know more about CMC Markets, you can directly visit their website: https://www.cmcmarkets.com/en to find the FAQ part on the homepage, as the screenshot below shows.

FAQs
Is my money safe with CMC Markets?
Yes. CMC Markets offers segregated client bank accounts and negative balance protection.
Is CMC Markets regulated by MAS?
Yes. Apart from MAS (Singapore), CMC Markets is also regulated by FCA (UK), FMA (New Zealand), and CIRO (Canada).
Does CMC Markets have a demo account?
Yes. The MT4 and MT5 demo accounts are available for an initial period of 30 days and will expire after 30 days of inactivity, while the Next Generation demo account has no expiry date. The default demo balance is $10,000.
Can I withdraw money from a CMC Markets demo account?
No, you cannot withdraw money from a demo account. Demo accounts are designed solely for practice and educational purposes, and they operate using virtual funds rather than real money.
How long does CMC Markets withdrawl take?
CMC Markets offer fast withdrawal. In most cases, you can get your money back within 1 day.
What is the minimum deposit for CMC Markets?
$0.
How do I open a CMC Markets account?
CMC Markets account opening is quite easy. You can find detailed info in the “CMC Markets Account Opening” section.