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EUR/USD typical

Broker review · 2026

CMC Markets review 2026

330+ currency pairs on the Next Generation platform.

4.7/5

Ranked #3 of 20

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cmcmarkets.com

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.

FCAASICCIROMASBaFinFMADFSA

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.

AccountEUR/USD spreadCommission (round turn)Cost per lot
Standard0.7 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.

CMC Markets alternatives

Top-scoring brokers available in the same regions.

#BrokerScoreEUR/USDRaw / lotMin. dep.RegulatorsPlatformsLinks
01 IGTraders who want the biggest market range and top-tier safety 4.8 0.9pips n/a $0 FCAASICBaFin+5 MT4TradingView VisitReview
02 Interactive BrokersProfessional and multi-asset traders 4.7 n/a $5all-in $0 SECFINRACFTC+7 Own platform VisitReview
04 SaxoWealthier traders who want a bank-grade multi-asset platform 4.6 0.8pips n/a $0 Danish FSAFCAASIC+4 TradingView VisitReview
05 PepperstoneActive traders who want tier-1 regulation and raw pricing 4.6 1.1pips $8all-in $0 ASICFCACySEC+4 MT4MT5cTraderTradingView VisitReview

Spreads are typical values during liquid hours and change constantly. Raw / lot = raw EUR/USD spread converted at $10 per pip plus round-turn commission. Data checked October 2026. How we score.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.