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Website terms of use

Access to website

CMC Markets' CFD service is not available to US residents.

This website and the copyright in all text, graphics, images, software and any other materials on this website is owned by CMC Markets UK plc ('CMC') or its licensors. You may only use the materials on this website solely for your own personal use and non-commercial purposes.

You may display on a computer screen or print extracts from this website for the above-stated purpose only and without alteration, addition or deletion. Except as expressly stated herein, you may not without CMC's prior written permission alter, modify, reproduce, distribute or commercially exploit any materials from the website.

You acknowledge that 'CMC Markets' and the CMC logo are trademarks of CMC. You may reproduce such trademarks without alteration on material downloaded from this website to the extent authorised above, but you may not otherwise use, copy, adapt or erase them without CMC's prior written permission.

The names and logos of other companies appearing on this website may be the trademarks of third parties and are used by CMC with the permission of their respective owners.

Third parties materials and websites

This website may contain materials produced by third parties or links to other websites. Such materials and websites are provided by third parties and are not under CMC's direct control and CMC accepts no responsibility or liability in respect of any such third party materials or for the operation or content of other websites (whether or not linked to this website). You acknowledge that CMC shall be entitled to require you to remove any link from another website to this website which you install without obtaining CMC's prior written consent.

CMC's liability

Although CMC updates the website on a regular basis, it does not warrant that the information or materials contained in the website are current or accurate or that any of products or services featured on the website are available. CMC may change the materials appearing on this website at any time without notice.

Save as stated above in respect of the services, this website and all software and other materials on this website is provided to you on an 'as is' and 'as available' basis without warranty as to accuracy, timeliness or completeness. To the maximum extent permitted by law, all representations and warranties, whether express, implied, statutory or otherwise, including without limitation any warranties or conditions of or related to accuracy, currency, merchantability, satisfactory quality or fitness for a particular or any purpose are hereby excluded.

Except in respect of our liability for fraud and injury or death of any person resulting from our negligence, CMC shall not be liable to you, whether in contract, tort (including negligence and breach of statutory duty), strict liability, or otherwise for any damage to your computer or computer system or settings, loss of data, revenue or profits, or for any indirect, special, incidental or consequential damages of any nature whatsoever which you may suffer arising out of your use, delay in using, or inability to access this website, or in any other way connected with this website, including without limitation from the downloading of any software from this website. CMC disclaims any representation or warranty that the website or materials will meet your requirements or that the website or any software will be uninterrupted, secure or free from errors or viruses.


You agree to indemnify, defend and hold CMC, its parents, subsidiaries, affiliates, officers and employees harmless from any loss, cost, damage, claim or demand, including reasonable legal fees, made by any third party or incurred or suffered by CMC or its parents, subsidiaries, affiliates, officers or employees in connection with your use of the website (including use of our trading platform via a demo account) in breach of these terms of use or negligence.

Entire agreement

These terms of use (and for live account holders the Terms of Business) contain the entire agreement between you and us relating to your access and use of this website. CMC may change these terms of use at any time and will notify you of such changes by posting an updated version of these terms of use on this website. You are responsible for regularly reviewing these terms of use and if you use this website (including using the trading platform via a demo account) after any such changes are published, such use shall constitute your agreement to such changes.

Applicable law

These terms of use shall be governed by English law and the English courts shall have exclusive jurisdiction over any disputes arising from this website.

Company details

The registration details of CMC Markets UK plc are:
Registered in: England and Wales.
Registration Number: 2448409.
VAT Registration Number: 849 1757 83
Email: clientmanagement@cmcmarkets.co.uk

Regulatory information

CMC Markets UK plc is authorised and regulated by the Financial Conduct Authority in the UK. It appears on the FCA's Register with registration number is 173730. Further information may be obtained from the FCA's Register by visiting the FCA's website: https://www.fca.org.uk/

Marketing disclaimer

Any marketing material on this website (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

Although the information set out on this website is obtained from sources believed to be reliable, CMC Markets does not guarantee its accuracy or completeness. All information is indicative and subject to change without notice and may be out of date at any given time. CMC Markets shall not be responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

This material may include charts displaying financial instruments' past performance as well as estimates and forecasts. Any information relating to past performance of an investment does not necessarily guarantee future performance.

Unless otherwise stated, the prices used in this website are CMC Markets' own prices, and not those of third parties.

Summary of conflicts of interest policy

Within this summary of our Conflicts of interest policy (“Policy”), CMC Markets UK Plc’s is referred to as “CMC”. CMC for these purposes includes its group companies, employees, appointed representatives, tied agents, contractors or any person directly or indirectly linked to them by control.

CMC sets out to manage conflicts of interest fairly. CMC has established a conflicts of interest policy setting out the procedures and controls which help it identify and appropriately deal with conflicts of interest – actual, apparent and potential.


The objective of the Policy is to ensure that conflicts of interest within CMC are identified, managed appropriately and, where necessary, disclosed in order to ensure the fair treatment of clients and compliance with the rules and principles of the Financial Conduct Authority (“FCA”).


This policy applies to all CMC FCA regulated activities, and activities in connection with or for the purposes of such regulated activities, including those outsourced activities provided by a third party. All employees are required to comply with the Policy.

Conflicts of Interest Identification

  • CMC is likely to make a financial gain, or avoid a financial loss, at the expense of the client; or
  • a CMC employee is likely to make a financial gain, or avoid a financial loss, at the expense of the client; or
  • a client of CMC is likely to make financial gain or avoid a financial loss at the expense of another client.

Arrangements to Manage Conflicts

  • Segregation of duties and supervision for persons engaged in different business activities including procedures for ensuring appropriate communication between business units;
  • Personal account dealing restrictions applicable to all staff, and their associates, regardless of seniority;
  • Control over sources of remuneration of relevant persons;
  • Protocols to ensure that no improper inducements are given or received and proper inducements are disclosed appropriately
  • Gifts and personal benefits procedures including a gift register recording the solicitation, offer or receipt of certain benefits;
  • External directorship policy, including the requirement for all external directorships and outside business interests to be declared; and
  • The provision of training to directors and employees of CMC on conflicts of interest management.

Conflicts Disclosure

Where CMC considers, with reasonable confidence, that the arrangements in place to manage potential and/or actual conflicts of interest are not sufficient to avoid material risk of damage to a client’s interest, CMC will disclose the general nature and/or sources of the conflict of interest to the client before undertaking any business for the client.

Further information on CMCs conflicts policy, including a full version, can be provided upon request. Alternatively, please address any questions to your usual CMC contact.

Client money

Key points

  • Retail client money is held in segregated client bank accounts*
  • Money held on behalf of clients is distributed across a range of major banks which are regularly assessed against CMC Markets' risk criteria
  • CMC Markets only uses its own funds for hedging
  • CMC Markets does not lodge retail client money towards margins with its hedging counterparties
  • CMC Markets has no exposure to corporate or sovereign debt
  • CMC Markets UK Plc is regulated by the FCA, registration number 173730

Are my funds segregated?

CMC Markets is authorised and regulated by the Financial Conduct Authority in the UK (FCA) which means we must comply with FCA client assets regulation, known as CASS.

When you open an account with CMC Markets you are classed as a retail client, unless you receive notification of another status and explicitly consent to ‘title transfer’ of your funds to CMC Markets.

Retail client money is held separately from CMC Markets’ own funds so that under property, trust and insolvency law, client money is protected and therefore unavailable to general creditors of the firm, if the firm fails.

Where does CMC Markets hold segregated client money?

European retail clients’ funds are pooled together and accordingly the treatment of funds across our European branches is the same. We hold retail client funds in segregated bank accounts with UK banks which include Natwest, Barclays, Lloyds and HSBC, and outside the UK with Ulster Bank in Ireland, Deutsche Bank in Germany, and HSBC in Poland and Spain.

This means that your money may not necessarily be held in your country of residence, and that UK rules* will apply to all European client money.

How does CMC Markets segregate my funds?

Funds deposited by our European retail clients are held in segregated bank accounts. When funds are segregated, the cash held with a bank does not belong to the firm but to the clients of the firm, and it will be held in a way that enables it to be identified as such, and any charges, liens or rights of set-off or retention over the cash are waived.

CMC Markets performs daily client money reconciliations in accordance with FCA requirements. This process ensures that funds held in segregated bank accounts always accurately reflect retail client assets. The full value of a client trading account is treated as client money. Our two FCA regulated entities, CMC Markets UK Plc and CMC Spreadbet Plc, are required to file individual Client Money Asset Returns (CMAR) on a monthly basis with the regulator.

CMC Markets’ client money controls and processes are audited annually by our statutory auditors (PricewaterhouseCoopers) and the results are reported to the FCA. Internal audits and reviews are also undertaken periodically, which are overseen by independent Non-Executive Directors.

What happens to my money if CMC Markets goes into liquidation?

In the event of CMC Markets’ liquidation (known as primary pooling), retail clients would have their share of segregated money returned, minus the administrators’ costs in handling and distributing these funds.

Any shortfall of funds of up to £50,000 may be compensated for, under the Financial Services Compensation Scheme (FSCS).

What happens to my money if a bank holding client money on behalf of CMC Markets goes into liquidation?

In the event of a bank liquidation (known as secondary pooling), losses would be shared by clients in proportion to the share of funds held with a bank which has failed.

Funds lost as a result may be compensated for under the FSCS up to a limit of £85,000 per person, per institution, subject to other balances held with the bank in question.

Financial Services Compensation Scheme (FSCS)

Key points

  • Acts as a 'safety net' for clients of authorised firms
  • Offers up to £50,000 to eligible clients should an investment firm cease trading with a deficit in their segregated client money
  • Offers up to £85,000 to eligible clients should a client money bank fail

The FSCS is the UK’s compensation fund of last resort and was created on 1 December 2001, when the Financial Services and Markets Act 2000 came into force. The FSCS acts as a 'safety net' for clients of authorised firms (i.e. FCA regulated financial services firms such as CMC Markets).

Using the scheme does not cost you anything, but to qualify for compensation you need to be eligible according to the FSCS rules. Generally, the FSCS covers private individuals, as well as some small businesses.

Further information on the FSCS can be obtained from their website, www.fscs.org.uk or by calling the FSCS Helpline on +44 (0) 20 7741 4100 or 0800 678 1100.

*CMC Markets complies with CASS 7.13.13R (3) (b) as modified under FCA directions 4733528 and 4733534 of 24 August 2017. CMC Markets may use client bank accounts held on terms under which withdrawals are, without exception, prohibited until the expiry of a fixed term or notice period of: (a) a maximum of 30 days for at least 40% of the total client money held by the firm in client bank accounts; and (b) a maximum of 95 days for the remainder of the client money held by the firm in client bank accounts. A longer notice period for withdrawals than standard (30 days) could result in a delay for our clients in having their share of segregated money returned to them in the event of CMC Markets going into liquidation.