CMC Markets Review: Licences, Withdrawals, Islamic Terms
Verified facts
| Founded | 1989 |
| Minimum deposit | $0 |
| EUR/USD spread from | 0.5 pips (standard CFD/spread betting account); from 0.0 pips on EUR/USD with FX Active account + 0.0025% commission per transaction — https://www.cmcmarkets.com/en-gb/forex |
| Platforms | Next Generation (CMC proprietary web platform), Mobile trading app, MetaTrader 4 (MT4, incl. WebTrader) |
| Withdrawal methods | Debit/credit card, Bank transfer |
| Crypto deposits/withdrawals | No |
Withdrawal speed: claim vs. measured
| Broker-published claim | Measured by us |
|---|---|
| Withdrawals to a registered bank account requested before the cut-off time (4pm UK; 11am outside the UK) are processed the same day. Card withdrawals: some card issuers within an hour, others up to five working days. Standard bank withdrawals: UK domestic one to two working days; international three to five working days (subject to UK banking hours). No charges for card or standard bank transfer withdrawals. [Source] | Testing in progress |
Islamic account: published terms vs. audit
| Availability | Broker-published claim | Measured by us |
|---|---|---|
| No | No swap-free/Islamic account published anywhere on CMC's sites — zero mentions of islamic/swap-free/shariah across UK, AU, DE, IT, SG home, forex and FAQ pages checked [Source] | Testing in progress |
Maximum leverage by entity
| Regulation | Leverage | Source |
|---|---|---|
| FCA (UK) CMC Markets UK plc | Published as margin rates rather than a ratio: from 3.34% forex, 5% indices and commodities, 20% shares and ETFs | Source |
Published spreads
| Broker | Platforms | Claim | Source |
|---|---|---|---|
| EURUSD | FX Active | from 0.0 pips + commission (from) | Source |
| EURUSD | Standard | from 0.5 pips (from) | Source |
| XAUUSD | Standard | from 0.2 points (from) | Source |
Gulf funding and account currency
| mada | Not published |
| KNET | Not published |
| UAE local bank | Not published |
| AED account | Not published |
No public deposit-methods page was reachable; the UAE site returns an access error from outside the region.
Scalping, Expert Advisors and hedging
| For Scalping | Not published |
| Expert Advisors | Not published |
| Hedging | Not published |
Regulation and license numbers
| Regulation | License no. | Official register |
|---|---|---|
| FCA (Financial Conduct Authority) (United Kingdom) | CMC Markets UK plc — Register No. 173730 | Source |
| FCA (Financial Conduct Authority) (United Kingdom) | CMC Markets Investments Limited — Register No. 948126 | Source |
| ASIC (Australia) | CMC Markets Asia Pacific Pty Ltd — ABN 11 100 058 213, AFSL No. 238054 | Source |
| ASIC (Australia) | CMC Markets Stockbroking Limited — ABN 69 081 002 851, AFSL No. 246381 (stockbroking) | Source |
| BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) (Germany) | CMC Markets Germany GmbH — Registernummer 154814 | Source |
| MAS (Monetary Authority of Singapore) (Singapore) | CMC Markets Singapore — licence number not printed on cited page | Source |