Open a forex trading account
Access over 330 forex pairs on a forex trading account with CMC Markets.
KEY BENEFITS
FCA regulated
Segregated funds
FTSE 250 group
Types of forex accounts
Choose which type of forex trading account is right for you. Both spread betting and CFD trading are financially leveraged products, which means that you only need to deposit a small percentage of the full value of the trade to open a position. Your profits and losses are therefore amplified based on the trade’s full value, and not your deposit.
Trade CFDs on forex on our award-winning platform^
Major forex indices to trade
We offer 12 different forex indices. Each is made up of a range of currency pairs with the same base currency. So the CMC USD Index, for example, is made up of a collection of US dollar pairs. Our full range of forex indices is listed below.
A collection of currency pairs that share the same base currency, the US dollar.
A collection of currency pairs that share the same base currency, the British pound sterling.
A collection of currency pairs that share the same base currency, the euro.
A collection of currency pairs that share the same base currency, the Australian dollar.
A collection of currency pairs that share the same base currency, the Canadian dollar.
A collection of currency pairs that share the same base currency, the Swiss franc.
A collection of currency pairs that share the same base currency, the Chinese yuan.
A collection of currency pairs that share the same base currency, the Japanese yen.
A collection of currency pairs that share the same base currency, the Norwegian krone.
A collection of currency pairs that share the same base currency, the New Zealand dollar.
A collection of currency pairs that share the same base currency, the Swedish krona.
A collection of currency pairs that share the same base currency, the Singapore dollar.
Why spread bet or trade CFDs on forex?
There are many reasons to spread bet or trade CFDs on the global forex market with us, including:
Tax-efficient trading
There’s no capital gains tax or stamp duty on forex spread bets, and no stamp duty to pay when trading CFDs.
Go long or short
Choose to either go long and ‘buy’ or short and ‘sell’ your chosen forex instrument.
Trade from 30:1 leverage
Deposit from just 3.3% of the full value of your position to open a trade.
Trade 24 hours a day
As it’s a decentralised market, you can trade on forex 24 hours a day from Sunday night to Friday night.
Hundreds of FX pairs
Trade CFDs and spread bet on our customised forex indices or our vast range of 330+ forex pairs, with access to major, minor and emerging currency pairs.
A regulated provider
CMC Markets UK is regulated by the Financial Conduct Authority (FCA), registration numbers 173730 and 170627.
See our competitive forex costs
Whether you trade the majors, minors, movers or our forex indices, costs are important. That’s why we’re committed to being transparent with our pricing across the industry’s widest range of instruments – see the pricing for our most popular forex pairs below.
FAQS
How much do you need to open a live forex trading account?
It’s free to open a live trading account and no deposit is required. Read more details on spreads, margins and trading costs in our guide to 'how much do you need to start trading forex?'
What are the most popular forex pairs to trade?
Our most popular forex pairs include EUR/USD, EUR/GBP, AUD/USD, GBP/USD and USD/JPY. We offer a mix of major, minor and exotic crosses, so learn how to trade currency.
What is an example of a live forex trade?
To help you understand how forex trading works, view our forex trading examples, which take you through both buying and selling scenarios in the live forex markets.
Can you make a living from forex trading?
It’s possible to make a living from trading on the forex market, such as trading from home as a full-time trader. However, it’s likely to take time, patience and dedication to gain experience and build a trading strategy. Practise your strategy with a spread betting demo account.