All Share (J203) = 89 062
Rand / Dollar = 18.40
Rand / Pound = 23.21
Rand / Euro = 19.24
Gold (usd/oz) = 2 928.53
Platinum (usd/oz) = 988
Brent (usd/barrel) = 76
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

CMC Markets Review

CMC Markets Review

 

CMC Markets can be summarised as a trustworthy broker with a reputable reputation that provides Contracts for Difference (CFDs) and trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options,  indices, and user-friendly trading conditions to a global market.

 

🔎 Broker🥇 CMC Markets
💰 Min. Deposit (Rec.)$10 USD
🛑 Inactivity Fee☑️ Yes
💻 Demo Account ☑️ Yes
💵 Base Currency10
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 0

Regulators

FCA, IIROC, ASIC, FMA, MAS

Trading Platform

MT4

Crypto

Yes

Total Pairs

158

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

CMC Markets Review – 18 Key Point Quick Overview

 

  1. ☑️ CMC Markets Overview
  2. ☑️ CMC Markets Safety and Security
  3. ☑️ CMC Markets Sign Up Bonus
  4. ☑️ CMC Markets Minimum Deposit
  5. ☑️ CMC Markets Account Types
  6. ☑️ CMC Markets Account Comparison
  7. ☑️ How to Open a CMC Markets Account – Step by Step Guide
  8. CMC Markets Demo Account
  9. How to Open a CMC Markets Demo Account – Step by Step Guide
  10. CMC Markets Trading Platforms
  11. CMC Markets Deposit and Withdrawal
  12. CMC Markets Deposit and Withdrawal
  13. CMC Markets Best Countries by Traders
  14. CMC Markets vs Forex.com vs IG – a Comparison
  15. CMC Markets Customer Reviews
  16. Conclusion
  17. Disclaimer
  18. Frequently Asked Questions

 

CMC Markets Top Banner

 

CMC Markets Overview

 

CMC Markets is a global CFD and forex broker company that was founded in 1989.  By 1996, the company had launched a real-time forex trading platform and in 2000 it introduced CFD trading which, together with spread betting, were to form the core of CMC Markets’ future business.  CMC Markets have aggressively embarked on global expansion and today the CMC Group has its head office in London and also offices across the world’s leading financial centers like Frankfurt, Sydney, Singapore, and Toronto.

CMC Markets is regulated by several global authorities, including the FCA.

 

CMC Markets Landing Page

 

CMC Markets Safety and Security

 

CMC Markets Regulation

 

CMC Markets is considered safe because it has a very long track record, is listed on the London Stock Exchange, and is regulated by top-tier regulators.

CMC Markets is regulated by several top-tier financial authorities globally, including:

 

 

Traders are protected in different ways and degrees, depending on their country of residence, the investor protection amount, the regulator, and the legal entity that serves them in that country.

 

CMC Markets Privacy and Security Policy

 

CMC Markets may use client information to make further inquiries about the client, but CMC Markets does not sell personal client information to any third parties for marketing purposes.

 

CMC Markets Two-Factor Authentication (2FA)

 

CMC Markets offers two-factor authentication or 2FA to all account holders. Two-factor authentication involves receiving a one-time password (OTP) from a trader’s chosen bank, and entering that OTP when prompted when the trader logs into their account or makes an online payment.

 

CMC Markets Safety and Security

 

CMC Markets Sign Up Bonus

 

CMC Markets does not, at this time (2025) offer a Sign-Up bonus, welcome bonus, or Bonus offer of any kind to new applicants or current account holders.

 

CMC Markets Sign Up Bonus

 

CMC Markets Minimum Deposit

 

🔎 Broker☑️ CMC Markets
📌 Account🥇 Spread Betting🥈 CFD🥉 Corporate
💵 Required Min. Deposit$0 USD$0 USD$0 USD
💰 Recommended Min. Deposit$100 USD / R1600 ZAR$100 USD / R1600 ZAR$100 USD / R1600 ZAR
🚀 Open an accountOpen Account Open Account Open Account

 

Even though CMC Markets does not require a minimum deposit amount to open an account, funds will be needed in order to make the first trade.  Full-fledged trading with effective money management will need a deposit of at least $100 USD / R1600 ZAR.

 

CMC Markets Minimum Deposit

 

CMC Markets Account Types

 

CMC Markets offer a dedicated spread betting and CFD trading account, as well as a corporate trading account.

 

CMC Markets Account Comparison

 

🔎 Account🥇 CFD🥈 Corporate🥉 Spread Betting
💰 Min. Deposit Required$0 Min Deposit$0 Min Deposit$0 Min Deposit
💵 Min. Deposit Recommended$100 USD / R1600 ZAR$100 USD / R1600 ZAR$100 USD / R1600 ZAR
🔁 Spreads From0.3 Points0.3 Points0.3 Points
💳 CommissionsShares OnlyShares Only📌 No
💸 Min. CommissionsShares Only - From $10Shares Only - From $10📌 No
🌒 Overnight Holding FeesYesYesYes
📊 Market Data FeesYesYes📌 No
🆓 Demo AccountYes📌 NoYes
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

CMC Markets Spread Betting Account

 

A Spread betting account is said to be a tax-efficient way of speculating on the price movement of thousands of global financial instruments.  The CMC Markets Spread Betting Account allows the account holders to:

  • Trade on thousands of global markets.
  • Save from 5% to 28.6% on spreads with Alpha.

 

With leverage, the trader will only need to deposit a percentage of the full value of a position.

 

CMC Markets CFD Account

 

CFDs are a derivative product that enables investors to trade on the price movement of underlying financial assets.  The CMC Markets CFD Account allows traders to:

 

  • Pay no stamp duty on profits from trading CFDs.
  • Save from 5% to 28.6% on spreads with Alpha.
  • Deposit from just 3.3% of the full value of their position to open a trade.
  • Trade with tight spreads on 11,500 markets.

 

CMC Markets Corporate Account

 

The CMC Markets corporate account offers access to a CFD trading account for business.  The CMC Markets Corporate account includes:

 

  • Insights from our expert analysts, plus access to Reuters and Morningstar.
  • An award-winning charting package.
  • The managed risk with guaranteed stop-loss orders.

 

CMC Markets Account Types

 

CMC Markets ALPHA Account

 

The CMC Markets Alpha Account is a premium Membership that offers discounts on spread costs, premium support, a Financial times subscription, and access to market experts.

 

CMC Alpha Account 1 CMC Alpha Account 2 CMC Alpha Account 3 CMC Alpha Account 4 CMC Alpha Account 5

How to Open a CMC Markets Account – Step-by-Step Guide

 

1.  Step 1:  Start Process

 

In order to Start the account application process, the applicant can simply click on the blue “Create Account” Button located at the top right of the CMC Markets webpage.

 

CMC Account 1

 

2.  Step 2:  Select Region

 

The Applicant must select their country of residence before they can continue with the registration process.

 

CMC Account 2

 

3.  Step 3:  Select Option

 

The next step is to create a unique password and select a trading option.

 

CMC Account 3

 

4.  Step 4:  Verification

 

The applicant will be prompted to check their email for a verification code.

 

CMC Account 4

 

5.  Step 5:  Email Verified

 

Once the code has been entered, a Demo account has been created.  The applicant can now decide if they want to continue to live account registration. The applicant can now click on Continue to complete the process.

 

CMC Account 5

 

6.  Step 6: Live Account Registration

 

The first step in the six-step process will be completing general information, including account type and account base currency.

 

CMC Account 6

 

7.  Step 7: Personal Details

 

The applicant will need to complete personal details including their date of birth, Nationality, and Tax status.

 

CMC Account 7

 

8.  Step 8:  Address Details

 

The applicant will now be prompted to complete details about their address, including their city of residence and postcode.

 

CMC Account 8

 

9.  Step 9:  Employment.

 

Following the Address details, employment details will be required.

 

CMC Account 9

 

10.  Step 10: Finacial Background

 

The tenth step is for the account applicant to complete their financial background.

 

CMC Account 10

 

11. Step 11:  Knowledge and Experience

 

The final step is for the applicant to complete a short section in regards to market Knowledge and Experience.

 

CMC Account 11

 

CMC Markets Demo Account

 

CMC Markets does offer a free CFD / Spread Betting demo trading account for beginners to start practicing trading on indices, currency pairs, shares, commodities, and treasuries in a 100% risk-free environment.  The CMC Markets Demo Account is loaded with £10,000 GBP / R200’000 ZAR  of virtual funds.

 

CMC Markets Demo Account

 

How to Open a CMC Markets Demo Account – Step by Step Guide

 

1.  Step 1:  Start Process

 

In order to Start the account application process, the applicant can simply click on the blue “Create Account” Button located at the top right of the CMC Markets webpage.

 

CMC Account 1

 

2.  Step 2:  Select Region

 

The Applicant must select their country of residence before they can continue with the registration process.

 

CMC Account 2

 

3.  Step 3:  Select Option

 

The next step is to create a unique password and select a trading option.

 

CMC Account 3

 

4.  Step 4:  Verification

 

The applicant will be prompted to check their email for a verification code.

 

CMC Account 4

 

5.  Step 5:  Email Verified

 

Once the code has been entered, a Demo account has been created.  The applicant can now decide if they want to continue to live account registration.

 

CMC Account 5

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

CMC Markets Trading Platforms

 

CMC Markets offer their clients one of the leading platforms in the market – MetaTrader4 (MT4).  MetaTrader4 is most commonly associated with forex trading and can be used to trade a range of markets including forex, indices, cryptocurrencies, and commodities.

 

CMC Markets MT4

 

CMC Markets Fees, Spreads, and Commission

 

CMC Markets offer competitive CFD spreads and commissions, with spreads on major FX pairs starting from 0.7 points and commissions on shares from 0.1%.

 

🔎 Account🥇 CFD🥈 Corporate🥉 Spread Betting
💰 Min. Deposit Required$0 Min Deposit$0 Min Deposit$0 Min Deposit
💵 Min. Deposit Recommended$100 USD / R1600 ZAR$100 USD / R1600 ZAR$100 USD / R1600 ZAR
🔁 Spreads From0.3 Points0.3 Points0.3 Points
💳 CommissionsShares OnlyShares Only No
💸 Min. CommissionsShares Only - From $10Shares Only - From $10 No
🌒 Overnight Holding FeesYesYesYes
📊 Market Data FeesYesYesNo
🆓 Demo AccountYes📌 NoYes
🚀 Open an Account👉 Open Account👉 Open Account👉 Open Account

 

CMC Markets Fees and Spreads

 

CMC Markets Deposit and Withdrawal

 

CMC Markets offer their clients a large selection of trusted Funding methods and withdrawal options for use.  Both deposit options and withdrawal methods will come with their own set of terms and conditions.  Here is an overview.

 

CMC Markets Deposit Options

 

🔎 Broker 🥇 CMC Markets
☑️ Method💰 Deposit
💳 Credit / DebitYes
🔁 Bank TransferYes
💻 PayPalYes
💵 Cash / ChequeNo
📌 American ExpressNo

 

Traders must ensure that they fund their CMC Markets account using a credit/debit card, bank account, or PayPal account in their name as payments from third-party sources will be rejected.

 

CMC Markets Withdrawal Methods

 

🔎 Broker 🥇 CMC Markets
☑️ Method💰 Withdrawal
💳 Credit / DebitYes
🔁 Bank TransferYes
💻 PayPalYes
💵 Cash / ChequeNo
📌 American ExpressNo

 

On the traders’ platform, under the ‘Funding’ tab,  ‘Withdrawal’ can be selected. From here the account holder will be able to choose their preferred withdrawal destination from the three options: ‘Card’, ‘Bank transfer’ or ‘PayPal’.

 

CMC Markets Deposit and Withdrawal

CMC Markets Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇 Australia19.35
🥈 United Kingdom13.84
🥉 Germany10.14
🏅 Canada9.19
📌 Singapore5.87

 

CMC Markets Countries

 

CMC Markets vs Forex.com vs IG – a Comparison

 

🔎 Broker🥇 CMC Markets🥈 Forex.com🥉 IG
💰 Min. Deposit$0 USD$100 USD / R1600 ZAR$250 USD / R3800 ZAR
💻 Forex TradingYesYesYes
🖥️ CFD TradingYesYesYes
🔁 Tradeable Symbols11'927550019'537
📈 Forex Pairs15891100
📉 Crypto CFDYesYesYes

 

CMC Markets Customer Reviews

 

Excellent!

CMC markets are by far the best day trading platform for New Zealanders. I’ve been demo trading for months and just deposited. There is no deposit limit and the staff at CMC markets actually want you to be successful unlike a lot of other brokers. They have an Auckland office and if I’m stuck with something they ring me asap. – Anon

 

IG 5 Star Review

Very Happy.

Very stable and easy-to-use platform. Good customer services, offering a good amount of products. – Bora

 

IG 4 Star Review

 

Great Company.

Great company with a very good trading platform with lots of clear and user-friendly features to help make a professional or small trader confident in dealing in the markets of choice. – John

 

IG 3 Star Review

 

Min Deposit

USD 0

Regulators

FCA, IIROC, ASIC, FMA, MAS

Trading Platform

MT4

Crypto

Yes

Total Pairs

158

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Conclusion

 

Overall, CMC Markets can be summarised as a trustworthy broker with a reputable reputation.

 

 

You might also like: CMC Markets Account Types

You might also like: CMC Markets Demo Account

You might also like: CMC Markets Fees and Spreads

You might also like: CMC Markets Minimum Deposit

You might also like: CMC Markets Sign up Bonus

 

 

Disclaimer

 

CMC Markets diligently warns potential traders that spread bets and CFDs are complex instruments that come with a high risk of losing money rapidly due to leverage.  They urge traders to consider whether they understand how spread bets and CFDs work and whether they can afford to take the high risk of losing their money.

To ensure you are able to make the most use of all CMC Markets’ platform features and have the best trading experience with the company, all potential customers are advised to thoroughly read through the company’s terms and conditions before joining, According to research in South Africa.

 

Frequently Asked Questions

 

How do you apply for a CMC Markets account?

Traders can apply for both a demo and live trading account by simply clicking on the create account button located at the top right of the CMC Markets webpage.

 

Can a CMC Markets Demo account be changed to a live account?

Yes, a CMC Markets Demo account can be changed to a live account via an online application form.

 

Is there a minimum deposit required to open a CMC Markets live trading account?

No, there is no minimum deposit amount required to open a CMC Markets live trading account.  However, funds are required to trade and the recommended minimum deposit amount is $100 USD / R1600 ZAR.

 

How is a CMC Markets account funded?

A CMC Markets account can be funded via credit, debit, bank transfer, and PayPal.

 

How can funds be withdrawn from a CMC Markets account?

Funds can be withdrawn from a CMC Markets account via Card, Bank Transfer, and Paypal.

 

There are no reviews yet. Be the first one to write one.


3.4/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 19, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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