Abstract：CMCMarkets has played a significant role in the industry for many decades. But does it suit every trader? In today’s article, we will offer you a comprehensive review of this broker so that you can have a close overall look at CMCMarkets.
If you want to know whether CMCMarkets is a reliable forex broker or not, please continue to read. We evaluated this broker from different aspects, such as regulatory status, exposure, etc.
What is WikiFX?
| WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiries. |
| WikiFX can evaluate the safety and reliability of more than 60,000 global forex brokers. |
| WikiFX gives you a huge advantage while seeking the best forex brokers. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en) |
Specs of CMCMarkets
www.wikifx.com/en/dealer/0361475237.html
To understand CMCMarkets better, we explore it by analyzing the main perspectives:
A. General Info of CMCMarkets
B. Regulatory Status
A. General Info of CMCMarkets
CMCMarkets general info has been shown below:
Founded: 1989
Registered Country: Australia
Regulation: FCA, FMA, CIRO, MAS
Trading Instruments: 10,000+, forex, indices, commodities, shares, ETFs, treasuries, shares baskets
Demo Account: ✅
Account Type: Standard, FX Active
Min Deposit: $0
Leverage: Up to 1:200 (Retail)
EUR/USD Spread: Average 0.6 pips
Trading Platform: MT4/5, CMC NextGen
Payment Methods: Credit/debit card, bank transfer, PayID, PayPal
Customer Support: 24 hours, Monday - Saturday morning
Live chat, contact form: Tel: 1300 303 888, +61 2 8221 2100 (calling from overseas)
B. Regulatory Status
What is a Legitimate License?
- The legitimate license is the business license issued by the financial regulatory institution of each country/region.
- Holding a license means that the broker is recognized and regulated by the regulatory authority, therefore, your money is protected to some extent.
- Whether a forex brokerage firm holds a legitimate license or not is one of the important factors to evaluate the reliability of forex brokers.
- The content of the regulation and the difficulty of obtaining a license vary with the country and agency issuing the license.
The legitimate license of CMCMarkets
CMCMarkets has registered regulatory licenses in many parts of the world.
The Feedback from the Social Media
There is a recent update for CMCMarkets:
Issue 1:
It is reported that on May 21st, 2025, CMCMarkets held a session to explore critical market trends and live charting analysis. The major themes include:
- Impact of Trump's return to the presidency
- The macro-opportunities in Singapore
- Global market outlook for 2025
Issue 2:
StrikeX and CapX, CMC's Private Markets Division, Announce Strategic Asset Tokenisation Partnership.
Special survey about CMCMarkets from WikiFX
A. Scoring Criteria
WikiFX gives brokers a score from 0 to 10. The higher the score, the more reliable the broker.
CMCMarkets has been given a decent score.
B. Field Investigation
- To help you fully understand the broker, WikiFX also investigates the brokers by sending surveyors to the brokers physical addresses.
- On WikiFX, you can visually check the physical addresses of brokers by pressing the “Survey” button.
- WikiFX did make on-site survey on this broker.
C. WikiFX Alerts
On WikiFX, the Exposure consists of feedback from traders. A bad track record of brokers can be checked via Exposure. WikiFXs Exposure function helps you get feedback from other traders and reminds you of the risks before it starts.
As of now, WikiFX has received a couple of complaints against this broker. Many traders claimed that it is unable to withdraw. Here we can give you an example. One trader told us, “The so-called teacher of CMC teaches you how to make money. First, build a group, and then a group of people continue to talk about how good the teacher is, how much money they made, thank the teacher in various ways, and then say how much money they have invested and how much they made. Others followed the investment, and even some people borrowed money from everywhere to invest. After that, the funds could not be withdrawn, and they contacted customer service. The customer service said that the funds were frozen and needed 10,000 yuan to unfreeze. After that, except for the victims, the scammers were not found.”
Conclusion
CMCMarkets is a regulated broker with a decent WikiFX score. However, we advise traders to be aware of the complaints and do more research before making a decision. If you want more information about certain brokers' reliability, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX App to find the most trusted broker for yourself.
