Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% 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.

Trade forex on an award-winning platform*

Open a CFD or spread betting account to start trading FX

  • Spread bet or trade CFDs on over 300 major, minor and exotic FX pairs
  • Spreads from just 0.5 points on EUR/USD
  • Powerful charting and innovative trading tools
  • Never miss an opportunity with our enhanced mobile trading app
  • Award-winning support** around the clock, whenever the markets are open

Open a trading account now

Cash rebates^

  • We reward high-volume traders with cash rebates
  • Earn rebates on forex, index & commodity trades
  • We paid €15.7m globally to our clients in 2017-18
CMC Markets
CMC Markets

Enhanced mobile trading

Experience enhanced mobile trading with an app you can customise to suit your trading style, so you can keep track of the markets that matter to you and stay informed on the go.

CMC Markets

Value for money

We offer competitive and reliable pricing, with tight spreads and low margins​. Spread bet or trade CFDs on key forex pairs like EUR/USD from 0.5 points and GBP/USD from 0.9 points. Forex margin rates start from 3.3%.

CMC Markets

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 our chart forum community.

CMC Markets

Nearly 30 years' experience

Since launching in 1989, we’ve become one of the world's leading CFD trading and spread betting providers. As one of the industry's pioneers, you can be confident that when you're trading CFDs with us, you're trading with one of the best in the business.

CMC Markets

Intuitive platform

Our unique online trading platform, Next Generation, has already won multiple awards and we’re consistently working on new functionality, products and tools to enhance your forex trading experience.

CMC Markets

Multiple award-winners

We have won over 50 awards worldwide over the last two years – 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 trading?

Find out more about forex trading

How does forex trading work?

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, which could exceed your deposits.

Forex is available to trade as a CFD or spread bet and is traded using leverage, which means your potential profits are magnified as well as your losses.

Why spread bet with CMC Markets?

  • Huge choice of FX pairs, tradable around the clock
  • Competitive spreads and low margins from just 3.3%
  • Trade on our award-winning Next Generation platform and mobile apps*
  • Manage your risk with our range of stop orders, including guaranteed stop-loss orders
  • Award-winning customer service

Trade forex with a reputed global provider


active clients worldwide across all account types


trades per annum across all products


global offices

Open an account now

Losses can exceed your deposits

Winner 2019

Platform Features

Investment Trends UK Leverage Trading Report

Winner 2019

Mobile Phone/Tablet Platform

Investment Trends UK Leverage Trading Report

Winner 2018

Financial Services Provider of the Year

Shares Awards

Winner 2019

Best Mobile/Tablet App

Shares Awards

Winner 2019

Best Trading App

Investors Chronicles & Financial Times Awards

Winner 2019

Best In-House Analysts

Professional Trading Awards

Winner 2018

Best Spread Betting Service

Shares Awards

Winner 2019

Best Phone & Email Customer Service

Investment Trends UK Leverage Trading Report

Awarded Best Platform Features and Best Mobile Phone/Tablet App, among spread betters, CFD and FX traders.

Investment Trends 2019 UK Leverage Trading Report

*Awarded Best Platform Features and Best Mobile Phone/Tablet Platform; ranked highest for Platform Reliability and Charting, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2017 UK Leverage Trading Report; Best Online Trading Platform, Shares Awards 2017.

**Awarded Best Customer Service, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2017 UK Leverage Trading Report.

^Professional clients only. Terms and conditions apply.

†​Spreads may widen and margins may increase in volatile markets