Broker review · 2026
CMC Markets review 2026
330+ currency pairs on the Next Generation platform.
CMC Markets is a London-listed broker offering an unusually large range of 330+ currency pairs and crosses, competitive spreads from 0.5 pips on EUR/USD and the feature-rich Next Generation platform.
Pros
- 330+ forex pairs, the most of any broker we track
- Tight spreads from 0.5 pips on EUR/USD
- Next Generation platform with pattern recognition
- Listed on the London Stock Exchange
Cons
- No MT5 or cTrader
- Platform depth can overwhelm beginners
- Not available in the US
CMC Markets overview
CMC Markets was founded by Peter Cruddas in 1989 and listed in London in 2016. It is known for its proprietary Next Generation platform and broad FX range.
Is CMC Markets safe and regulated?
Regulated by the FCA, ASIC, CIRO, MAS, BaFin, FMA and DFSA. As a publicly listed company it publishes audited results.
Tier-1 regulators are shown in bold. Always confirm the licence on the regulator’s own register.
CMC Markets spreads and fees
EUR/USD spreads start at 0.5 pips and average around 0.7 pips, commission-free. FX Active accounts offer spreads from 0.0 pips plus a commission in some regions.
| Account | EUR/USD spread | Commission (round turn) | Cost per lot |
|---|---|---|---|
| Standard | 0.7 pips | $0 | $7.0 |
Trading platforms
Next Generation has over 100 indicators, pattern recognition and client sentiment. MT4 and TradingView are also supported.
How CMC Markets scores
- Trust & regulation 30%
- 4.9
- Fees & spreads 25%
- 4.5
- Platforms & tools 15%
- 4.7
- Markets & range 10%
- 4.7
- Ease of use 10%
- 4.2
- Research & education 10%
- 4.6
Verdict
CMC Markets is excellent for traders who want variety and a powerful proprietary platform with low costs.
Open an account with CMC MarketsYou will be taken to cmcmarkets.com.
CMC Markets FAQ
How many forex pairs does CMC Markets offer?
CMC Markets offers 330+ currency pairs including minor and exotic crosses.
Is CMC Markets regulated?
Yes. CMC Markets is regulated by the FCA, ASIC, CIRO, MAS and BaFin, among others.
Does CMC Markets support MT4?
Yes. CMC Markets supports MT4 alongside its Next Generation platform.
Is CMC Markets good for beginners?
CMC Markets scores 4.2/5 for ease of use. It is better suited to traders with some experience; beginners may prefer these brokers.