Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
69% of retail investor accounts lose money when spread betting and/or trading CFDs with this
provider.
You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the
high risk of losing your money.
Our CFD account designed for forex traders who want spreads from 0.0 pips on six major FX pairs,
with a fixed low commission rate4. Plus, get a 25% spread discount on 300+ other FX
pairs.
A minimum spread is the lowest spread that will be shown on the given product. Minimum spread
will vary subject to after-hours trading. If the underlying market spread widens throughout the
trading day, or you are trading out of hours, the platform spread may also widen. The spreads
shown are for the first price available for the average market trade/bet sizes in the relevant
product. The spread will widen for larger trade/bet sizes, see our platform for more
information.
30+ years' industry experience.
1 million+ traders and investors globally6
FX trading, also known as foreign exchange trading, or forex trading, is the
exchange of different currencies on a decentralised global market. It's one of the
largest and most liquid financial markets in the world. Forex trading involves the
simultaneous buying and selling of the world's currencies on this market. What is forex trading and how does it work?
How to trade on forex?
When trading forex, you speculate on whether the price of one currency will rise or
fall against another. For example, if you believe that the value of the British
pound will rise, relative to the value of the US dollar, you would go ahead and
trade the GBP/USD pair. How to trade forex
What are some forex trade examples?
To help you understand how forex trading works, view our CFD examples, which takes
you through both buying and selling scenarios. See forex trading examples
What is margin in forex?
Forex margin rates are usually expressed as a percentage, with forex margin
requirements typically starting at around 3.3% in the UK for major foreign exchange
currency pairs. Your FX broker's margin requirement shows you the leverage you can
use when trading forex with that broker. Marin in forex trading
What is leveraged trading?
One of the advantages of spread betting and trading CFDs is that you only need to
deposit a percentage of the full value of your position to open a trade, known as
trading on leverage. Remember,
trading on leverage
can also amplify losses, so it’s important to manage your risk.
Why spread betting?
Spread betting
allows you to trade tax-free on a wide range of financial markets 24 hours a day,
from Sunday nights through to Friday nights. Trade on your phone, tablet, PC or Mac
on a wide range of instruments using leverage. Tax treatment depends on individual
circumstances and can change or may differ in a jurisdiction other than the UK.
Learn how spread betting works.
New to CMC Markets?
Is it free to open an account?
There's no cost when opening a live spread betting, CFD or FX Active account. You
can also view prices and use tools such as charts, Reuters news or Morningstar
quantitative equity reports, free of charge. However, you will need to deposit funds
in your account to place a trade. Find out more about the
costs of placing a trade
.
Is CMC Markets regulated by the FCA?
Yes, CMC Markets UK plc (registration number 173730) and CMC Spreadbet plc
(registration number 170627) are fully authorised and regulated by the Financial
Conduct Authority (FCA) in the UK. Retail client money is held in segregated client
bank accounts and money held on behalf of clients is distributed across a range of
major banks, which are regularly assessed against our risk criteria.
Is CMC Markets covered by the FSCS?
Yes, your eligible deposits with CMC Markets are protected up to a total of £85,000
by the Financial Services Compensations Scheme (FSCS), the UK's deposit guarantee
scheme. If CMC Markets ever went into liquidation, retail clients would have their
share of segregated money returned, minus the administrator's costs in handling and
distributing these funds. Any shortfall of funds up to £85,000 may be compensated
under the FSCS.
How does CMC Markets segregate client money?
Under the FCA's Client Money rules, we're required to segregate client money (unless
you agree with us otherwise) from CMC's own funds. The funds held in segregated bank
accounts do not belong to CMC and will be held in a way that enables it to be
identified as client money.
Learn more about client money regulations
How does CMC Markets make money?
Our income primarily comes from our spreads, while other fees, such as overnight
holding costs, make a minor contribution to our overall revenue.
We
never aim to profit from our clients' losses. Our aim is to build long-term
relationships by providing the best possible trading experience through our
technology and customer service.
What can I trade on with CMC?
You can trade on over
12,000
financial instruments when you spread bet or trade CFDs with us. See a list of all
our popular
markets and instruments
.
Spread Betting & CFD Trading
Ready to get started?
Open a demo account with £10,000 of virtual funds or open a live account.
1Commissions at $2.5 per $100k traded.20.0030 seconds CFD median trade execution time, 1 April 2022-31 March 2023.3FSCS is an independent body that offers protection to customers of financial services firms that have failed. The compensation amount may be up to £85,000 per eligible person, per firm. Eligibility conditions apply. Please contact the FSCS for more information.4Awarded No.1 Web Platform and No.1 Most Currency Pairs, ForexBrokers.com Awards 2023;
Best In-House Analysts, Professional Trader Awards 2023;
No.1 Platform Technology, ForexBrokers.com Awards 2022;
Best CFD Provider, Online Money Awards 2022;
Best Mobile Trading Platform, ADVFN International Financial Awards 2022;
Best Spread Betting Provider, City of London Wealth Management Awards 2021.5Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.61.388 million unique user logins for the CMC Markets invest and CFD platforms globally, as at August 2023.