CMC Markets is a multi-asset broker known for its Next Generation platform, 300+ currency pairs, FX Active pricing, and a large CFD catalogue, with leverage, fees, and eligibility set by the local CMC entity.
Open Account at CMC Markets →CMC Markets is a long-established multi-asset broker whose local companies serve different regions. CMC Markets UK plc is authorised by the FCA, while CMC Markets Asia Pacific Pty Ltd is regulated by ASIC; other local businesses operate under regulators including CIRO, BaFin, MAS, and the Bermuda Monetary Authority. CMC can suit traders who want a broad product list and a feature-rich proprietary platform, but it is not a U.S. retail forex option and the legal entity on the account agreement matters.
The public CMC pricing pages advertise FX spreads from 0.5 pips on the standard spread model. In supported regions, FX Active offers spreads from 0.0 pips on six major currency pairs with a commission of 0.0025% per transaction, subject to the local schedule and account eligibility. These are advertised minimums, not typical or guaranteed spreads. Overnight holding costs, currency conversion, guaranteed-stop premiums, and other product charges can apply; the UK CFD schedule also lists a £10 monthly inactivity fee after 12 months of account inactivity where its conditions are met.
CMC’s main platform is Next Generation on web and mobile, with charting, alerts, risk-management tools, and broad multi-asset coverage. MT4 and TradingView are also available in supported markets, but they are not interchangeable with every CMC account and may carry a different product list. CMC advertises more than 21,000 instruments globally, while actual availability depends on the local entity, client classification, product permissions, and whether the account is for CFDs, spread betting, or share dealing.
U.K. retail clients generally receive FCA protections, segregated client money, retail leverage limits of 30:1 on major FX, and negative-balance protection; eligible clients may have FSCS coverage up to £85,000. Other jurisdictions have different leverage caps, compensation arrangements, funding charges, and professional-client rules. CMC does not offer its CFD service to U.S. residents, and leveraged CFDs or spread betting can result in losses that exceed the funds committed where local protections do not prevent that outcome.
CMC’s standard FX pricing is advertised from 0.5 pips, while FX Active advertises 0.0-pip spreads on six major pairs plus a 0.0025% commission per transaction in supported markets. Treat both as “from” pricing: spreads vary with liquidity, account, instrument, and entity. Overnight holding costs, currency conversion, guaranteed-stop premiums, share-dealing charges, and local payment costs can apply; the UK CFD schedule lists a £10 monthly inactivity fee after 12 months when its conditions are met.
Next Generation is CMC’s primary web and mobile platform, with advanced charts, alerts, watchlists, risk tools, and multi-asset access. MT4 and TradingView are available in selected markets, but platform availability and product coverage are account-specific. The advertised 21,000+ instrument count is a global figure and should not be read as the inventory available to every client.
CMC Markets UK plc is FCA-authorised under FRN 173730, and CMC Markets Asia Pacific Pty Ltd is ASIC-regulated under AFSL 238054; other CMC entities operate under local regulators such as CIRO, BaFin, MAS, and the Bermuda Monetary Authority. U.K. retail clients generally receive segregated client money, 30:1 major-FX leverage limits, negative-balance protection, and possible FSCS coverage up to £85,000 for eligible claims. Professional status or another jurisdiction can change these protections.
CMC offers regional CFD, spread-betting, FX Active, share-dealing, and professional-account arrangements rather than one universal account. There is no general minimum deposit advertised on the global account pages, but payment methods, verification, base currencies, processing times, and withdrawal charges are local. Australian and other regional tariffs can list bank or telegraphic-transfer charges, so check the applicable fee schedule before depositing.
CMC Markets emphasizes its proprietary Next Generation platform and a much broader multi-asset catalogue, while Pepperstone is commonly chosen for its MT4, MT5, cTrader, and TradingView workflow and Razor-style pricing. CMC’s FX Active 0.0-pip headline applies to selected major pairs and adds commission; Pepperstone’s headline pricing is also account- and entity-specific. Compare the all-in cost, platform, leverage, instruments, and protection of the local contracting entity.
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