CMC Markets review
Details checked 27 Sept 2026. Always confirm current terms on the broker's site.
Our verdict
CMC Markets is a London-listed broker founded in 1989 with five Tier-1 regulators and a well-regarded proprietary platform. Its gold spreads are mid-range and there is no raw account for gold.
CMC Markets was founded in 1989, is headquartered in London and its parent company is listed on the London Stock Exchange. It is regulated by the FCA, ASIC, BaFin, CIRO and MAS, all of which are Tier-1 authorities, plus the FMA in New Zealand and the Bermuda Monetary Authority. Gold is available as a CFD on the CMC Next Generation platform, MT4 and TradingView. BrokerChooser measured the gold spread at about $0.35 in September 2026, slightly above the average it tracks, and there is no raw-spread option for gold: the commission-based FX Active account applies to currency pairs. Retail clients in the UK, EU and Australia receive 1:20 leverage on gold and negative balance protection, and UK client funds are covered by the FSCS. There is no minimum deposit. The Next Generation platform is feature-rich, with advanced charting, pattern recognition and guaranteed stop-loss orders, but there is no MT5 or cTrader, and a swap-free account is not published. BrokerChooser says Indian residents can open an account, although the serving entity is not clearly stated. CMC Markets does not appear on the RBI Alert List, though that is not an RBI authorisation. It suits traders who put regulation and track record ahead of the lowest costs.
Pros
- Five Tier-1 regulators and a London-listed parent company
- Operating since 1989
- Powerful Next Generation platform plus MT4 and TradingView
- No minimum deposit
- Not on the RBI Alert List
Cons
- Gold spread (~$0.35) is slightly above the industry average; no raw pricing for gold
- No MT5 or cTrader
- Swap-free account not published
- Entity and protections for Indian clients not clearly published
Key facts
| Founded | 1989 |
|---|---|
| Headquarters | London, UK |
| Regulators | FCA (UK) (Tier-1); ASIC (Australia) (Tier-1); BaFin (Germany) (Tier-1); CIRO (Canada) (Tier-1); MAS (Singapore) (Tier-1); FMA (New Zealand); BMA (Bermuda) |
| Gold (XAUUSD) available | Yes |
| Gold spread, standard account | ~$0.35 (BrokerChooser Sept 2026); from 0.3 per CompareForexBrokers |
| Gold spread, raw/ECN account | n/a - FX Active account covers FX pairs, not gold (not published for gold) |
| Commission, raw account | n/a |
| Max gold leverage (offshore entity) | not published |
| Max gold leverage (Tier-1 entity) | 1:20 (retail, FCA/ASIC/BaFin) |
| Minimum trade size | not published |
| Platforms | CMC Next Generation (web/app), MT4, TradingView |
| Minimum deposit | $0 |
| Account types | CFD (Standard), FX Active, Spread betting (UK), Professional |
| Indian deposit methods | Not published (cards and bank transfer generally) |
| Accepts clients from India | Yes |
| Negative balance protection | Yes (retail clients in UK/EU/AU) |
| Segregated client funds | Yes |
| Investor compensation | FSCS up to GBP 85,000 (UK entity); other entities vary |
| Swap-free account | No |
| On RBI Alert List | No: 2025-11-19 (latest RBI update; checked 2026-09-27) |
Member reviews
Sources used for this review
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