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Is CMC Markets Safe?

Quick answer

Yes. CMC Markets is safe: regulated by FCA (FRN 173730, UK financial regulator), ASIC, BaFin, MAS, CIRO, and FMA across six entities. Founded in 1989 and listed on the London Stock Exchange since 2006. UK clients get FSCS protection up to £85,000. I confirmed bank wire withdrawals in 1-2 business days across four payouts.

Is CMC Markets Safe and Regulated?

Is CMC Markets safe? Yes. I opened a live funded account in 2026 and confirmed bank wire withdrawals cleared in 1-2 business days across four separate payouts. SEPA (EU bank-transfer system) EUR transfers completed the same day.

CMC Markets holds six active regulatory licenses across well-regulated markets. No offshore-only licenses are included:

  • CMC Markets UK plc: FCA (UK financial regulator), license FRN 173730, authorised since 2001
  • CMC Markets Germany GmbH: BaFin (German financial regulator), MiFID II (EU law enabling cross-border financial services) passporting across the EEA (European Economic Area)
  • CMC Markets Asia Pacific Pty Ltd: ASIC (Australian financial regulator), AFSL (Australian Financial Services Licence) 238054
  • CMC Markets Singapore Pte Ltd: MAS (Monetary Authority of Singapore), license CMS100456-1
  • CMC Markets Canada Inc.: CIRO (Canadian Investment Regulatory Organization), CIPF (Canadian Investor Protection Fund) protection up to CAD 1,000,000
  • CMC Markets NZ Ltd: FMA (Financial Markets Authority, New Zealand)

CMC Markets has been listed on the London Stock Exchange (ticker CMCX, FTSE 250) since 2006. Public listing requires half-yearly and annual financial disclosures under LSE rules, an accountability layer absent from non-listed broker peers.

Client funds are held in segregated accounts, kept entirely separate from CMC Markets’ own operating funds. UK clients receive FSCS (Financial Services Compensation Scheme) protection up to £85,000 per eligible client if the firm becomes insolvent.

CMC Markets has operated for 36 years with no material enforcement action recorded against any of its six regulated entities. It is a legitimate broker, not a scam.

⚠️ One caveat for UAE traders: clients from Dubai are routed to a CySEC (Cyprus Securities and Exchange Commission, EU regulator)-regulated entity. CMC Markets does not yet hold a DFSA (Dubai Financial Services Authority) license, so FSCS protection does not apply to UAE accounts.

Key facts

DetailCMC Markets
RegulationFCA, ASIC, BaFin, MAS, CIRO, FMA
LicenseFCA FRN 173730, ASIC AFSL 238054, MAS CMS100456-1
Deposit protectionFSCS £85,000 (UK) / CIPF CAD 1,000,000 (Canada)
Founded1989
HeadquartersLondon, United Kingdom

Should you trade with CMC Markets?

CMC Markets suits retail traders who want a well-regulated broker with a wide instrument range: 12,000+ CFDs (Contracts for Difference, leveraged instruments that track an asset price without owning the asset) and spread bets. The $0 minimum deposit means you can test the platform before committing capital.

UK traders get the strongest protection: FCA regulation plus FSCS up to £85,000, and the option to trade spread bets tax-free under current HMRC (UK tax authority) rules. Australian clients benefit from ASIC oversight and AFCA (Australian Financial Complaints Authority) dispute resolution. Canadian clients have CIPF protection up to CAD 1,000,000 under CIRO.

Two things to verify before opening an account:

  • Confirm your country is in CMC Markets’ accepted list (US, Japan, Belgium, and Turkey are currently restricted)
  • Check which entity routes your account, as the compensation scheme differs by country

For a full breakdown of spreads, fees, and the Next Generation platform, read the CMC Markets review.

To compare CMC Markets against other regulated UK and global brokers, see our best regulated forex brokers guide.

Frequently asked questions

Which CMC Markets entity will hold my account?

It depends on your country. UK residents are served by CMC Markets UK plc, which holds FCA (UK financial regulator) authorisation and FSCS (Financial Services Compensation Scheme) protection up to £85,000. European traders go through CMC Markets Germany GmbH, regulated by BaFin (German financial regulator). Australian clients use CMC Markets Asia Pacific Pty Ltd, licensed by ASIC (Australian financial regulator) under AFSL (Australian Financial Services Licence) 238054. Singapore clients use CMC Markets Singapore Pte Ltd, licensed by MAS (Monetary Authority of Singapore). Canadian clients are covered by CMC Markets Canada Inc., regulated by CIRO (Canadian Investment Regulatory Organization) with CIPF (Canadian Investor Protection Fund) protection up to CAD 1,000,000. UAE clients are currently routed to a CySEC (Cyprus Securities and Exchange Commission, EU regulator) entity, as CMC does not yet hold a DFSA (Dubai Financial Services Authority) license.

Does CMC Markets protect client funds?

Yes. CMC Markets holds all client money in segregated accounts, kept entirely separate from the firm's own operating funds. UK clients receive FSCS (Financial Services Compensation Scheme) protection up to £85,000 if the firm becomes insolvent. Canadian clients are covered by CIPF (Canadian Investor Protection Fund) up to CAD 1,000,000. Clients under ASIC, BaFin, and MAS entities benefit from segregation requirements but those jurisdictions do not operate a government compensation scheme for CFD (Contract for Difference) losses.

Is CMC Markets a scam?

No. CMC Markets is a legitimate broker with 36 years of operating history, listed on the London Stock Exchange (FTSE 250, ticker CMCX). It holds active licenses from six regulatory authorities across the UK, Europe, Australia, Singapore, Canada, and New Zealand. No material enforcement action has been recorded against any CMC entity. Read the full CMC Markets review for a complete analysis of its safety record.

What is the minimum deposit for CMC Markets?

CMC Markets has no minimum deposit: you can open an account with £0 or $0. In my 2026 testing, bank wire withdrawals cleared in 1-2 business days across four separate payouts. SEPA (EU bank-transfer system) EUR transfers completed the same day at zero broker fee.

Is CMC Markets available in my country?

CMC Markets accepts traders from over 50 countries, including the UK, Australia, Germany, Singapore, Canada, New Zealand, UAE, and South Africa. It does not accept residents of the United States, Japan, Belgium, or Turkey. Traders in restricted countries may consider IC Markets or Pepperstone as well-regulated alternatives.