Practice FX trading on an award-winning platform
Refine your trading skills with our suite of powerful features and tools
- Practice trading on over 300 major, minor and exotic FX pairs
- Powerful charting and innovative trading tools
- Practice on the move with our mobile and tablet apps
- Award-winning support† around the clock, whenever the markets are open
No risk
- Trade $10,000 virtual funds
- No expiry date
- Instant approval – start practicing in seconds
- No credit card information required
You are our focus
Our goal is to offer you a superior forex trading experience. We're passionate about online forex trading, constantly innovating and aiming to improve how our clients invest in the financial markets.
Value for money
We offer competitive and reliable pricing, with tight spreads and low margins‡. Trade CFDs on key FX pairs like EUR/USD from 0.7 points and USD/CAD from 1.7 points. Forex margin rates start from 2.9%.
Advanced charting
Powerful charting offers a host of features to support your forex trading, including multiple chart types, over 80 technical indicators and drawing tools, pattern recognition and a chart forum community.
Over 25 years' experience
Since launching in 1989, we've become one of the world's leading CFD trading providers. As one of the industry’s pioneers, you can be confident that when you're trading forex with us, you're trading with one of the best in the business.
Intuitive platform
Our unique online CFD trading platform, Next Generation, has already won multiple awards and we’re consistently working on new functionality, products and tools to enhance your CFD trading experience.
Multiple award-winners
We have won over 50 awards worldwide since 2013 – a recognition of the quality of our service, and dedication to delivering innovation and technology through our web-based trading platform and native mobile apps.
98% of calls answered in under 20 seconds
When there's a market open, we are too
What is forex?
Foreign exchange trading, also known as FX or forex, is the simultaneous buying of one currency and selling of another. The forex market is not based in a central location or exchange, so it's open 24 hours a day from Sunday night through to Friday night.
Forex is always traded in pairs. When trading forex, you always speculate on whether the price of the base currency will rise or fall against the counter currency. So with GBP/USD if you think GBP (the base currency) will rise against USD, you go long (buy) the currency pair. Alternatively, if you think GBP will fall against USD (or that USD will rise against GBP), you go short (sell) the currency pair.
If you were right (that is if you went long GBP/USD and GBP went up in value against USD), you would make a profit. If the trade went against you, however, you would make a loss.
Forex is available to trade using leverage, which means your potential profits are magnified as well as your losses.
Why trade FX with CMC Markets
- Huge choice of forex pairs tradable around the clock
- Practice on our award-winning Next Generation platform and mobile apps
- Build your risk management skills with our range of stop orders
- Award-winning customer service†
No risk
Open a free demo account today
No risk
- Trade $10,000 virtual funds
- No expiry date
- Instant approval – start practicing in seconds
- No credit card information required
Trade FX with a reputed global provider
60,000
active clients worldwide across all account types
62.7M
trades per annum across all products
14
global offices
Winner 2016
Financial Services Provider of the Year
Shares Awards
Winner 2016
Best Online Trading Platform
Shares Awards
Winner 2016
Best Forex Trading Platform
UK Forex Awards
Winner 2016
Top Trading Platform for Charting
Canadian Society of Technical Analysts5
Winner 2016
Best CFD Education Tools
ADVFN International
Financial Awards
Winner 2016
Best Mobile/Tablet Application
Online Personal Wealth Awards
Winner 2016
Mobile trading
Investment Trends 2016 UK Leveraged Trading Report
Winner 2016
Platform features
Investment Trends 2016 UK Leveraged Trading Report
*Awarded the “2016 Top Trading Platform for Charting” by the Canadian Society of Technical Analysts; Awarded 'Best Platform Features' and 'Best Mobile Trading', among CFD and FX traders.
Investment Trends 2016 UK Leveraged Trading Report
*Awarded 'Top Trading Platform for Charting' by the Canadian Society of Technical Analysts 2016 & 2017, 'Best Trading Platform Features', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among FX traders; 'Best Mobile Platform', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among CFD traders and FX traders; 'Best Online Trading Platform', Shares Awards 2013 & 2014; 'Best Mobile/Tablet Trading Application', Shares Awards 2015; 'Best Mobile/Tablet Application', Online Personal Wealth Awards 2015.
†Awarded 'Best Customer Service', Investment Trends 2015 UK Leveraged Trading Report; 'Best Forex Customer Service', UK Forex Awards 2015.
‡Spreads may widen and margins may increase in volatile markets