Pros
- Public company (LSE FTSE 250, since 1989) regulated by the FCA + Bermuda Monetary Authority
- Highly regarded Next Generation platform + MT4 + TradingView integration
- Broad coverage: forex/share/index CFDs, spread betting, and share dealing
Cons
- Historical note: ASIC once ordered retail-client remediation over margin-netting breaches
- Focus on leveraged CFD/spread betting products — high-risk
- Not the choice for those chasing the cheapest cost/raw ECN
Feature summary
CategoryForex
Minimum depositVaries by account type — check the official site
Demo accountAvailable
PlatformProprietary web platform (Next Generation), MetaTrader 4, TradingView (integrated), Mobile app
InstrumentsForex CFDs, Share CFDs, Index CFDs, Spread betting, Share dealing
SupportLive chat, email & phone (market hours)
Regulation statusRegulated by the FCA in the UK; holds an additional license from the Bermuda Monetary Authority. Listed on the London Stock Exchange (FTSE 250).
Fee modelSpread & commission model varies per product — details not yet verified
Estimated cost per lotSpread & commission model varies per product — details not yet verified
Risk & regulation notes
Historical note (Wikipedia): the Australian regulator (ASIC) once ordered CMC — along with six other brokers — to compensate retail clients over financial-services law breaches related to margin netting. It is a public company with FCA oversight, but this Australian administrative-breach record is still relevant to know before registering with the related entity.
Primary sources
Product facts are summarized from the broker's official materials. A broker's own claims are not automatically treated as independent verification.
Update history
- 2026-08-01
Editorial review 2026-08-21: strong score for public-company status + a well-regarded platform; the ASIC action is included as an honest con.