Forex Brokers

CMC Markets

3.5 (6 reviews)
🇬🇧 United Kingdom, London
Visit Website
3.5
6 reviews
5
1
4
2
3
2
2
1
1
0

About CMC Markets

Online trading and spread betting

Customer Reviews

Write a Review

Good for both beginners and pros

C
Christina A.
1 months ago

CMC Markets caters well to different experience levels. Their educational resources helped me learn forex trading fundamentals, and as I've grown, their advanced tools have supported my progression. The social trading feature is interesting for following experienced traders. Good overall package.

Pros: Education, social trading, progression-friendly

Cons: Social trading results can be misleading

Hidden costs and aggressive marketing

D
Donald H.
2 months ago

Initially attracted to CMC Markets by their advertising. The headline spreads look great but in practice there are additional costs that aren't immediately obvious. I also get bombarded with promotional emails and phone calls encouraging me to deposit more. The trading itself is fine but the marketing tactics are off-putting.

Pros: Trading platform works adequately

Cons: Hidden costs, aggressive marketing practices

Mixed feelings after six months

G
Gary S.
3 months ago

Started with CMC Markets optimistically but my experience has been mixed. The platform itself is good and execution is fast. However, I noticed spreads widen significantly during news events and the swap rates are higher than competitors. Good for day trading, less so for holding positions overnight.

Pros: Good platform, fast execution for day trading

Cons: Wide spreads during news, high swap rates

Reliable broker with good regulation

G
Grace N.
6 months ago

Been trading with CMC Markets for 18 months. What I value most is the regulation - knowing my funds are segregated and protected gives me confidence. Spreads are competitive on majors, slightly wider on exotics. The platform rarely goes down and trade execution is good. Solid choice.

Pros: Strong regulation, fund segregation, reliable platform

Cons: Exotic pair spreads could be tighter

Professional-grade trading platform

R
Robert E.
11 months ago

As a full-time forex trader, I need a broker that can keep up. CMC Markets delivers with institutional-grade execution, deep liquidity, and competitive pricing. Their VPS hosting option ensures my automated strategies run 24/7. Withdrawals are processed within 24 hours. Can't fault them.

Pros: Institutional execution, VPS hosting, fast withdrawals

Cons: Minimum deposit higher than some competitors

Decent broker with average spreads

H
Hannah V.
11 months ago

CMC Markets does the job for casual forex trading. Platform works, spreads are okay but not the best I've seen. Customer support is hit or miss - some agents are very helpful, others seem to read from a script. Deposits are instant but withdrawals take 3-5 business days.

Pros: Functional platform, instant deposits

Cons: Average spreads, inconsistent support, slow withdrawals