Practise FX trading on an award-winning platform*

Hone your trading skills with our suite of powerful features and tools

  • Practise spread betting or trading CFDs on over 300 major, minor and exotic FX pairs
  • Powerful charting and innovative trading tools
  • Practise on the move with our mobile and tablet apps
  • Award-winning support around the clock, whenever the markets are open**

Open a free demo account now 

Losses can exceed deposits on a live account

No risk

  • Trade $10,000 virtual funds
  • No expiry date
  • Instant approval – start practising in seconds
  • No credit card information required
CMC Markets
CMC Markets

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.

CMC Markets

Value for money

We offer competitive and reliable pricing, with tight spreads and low margins^. Spread bet or trade CFDs on key FX pairs like EUR/USD from 0.7 points and GBP/USD from 0.9 points. Forex margin rates start from 0.20%.

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 a chart forum community.

CMC Markets

Over 25 years' experience

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

Find out more about forex

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

Why trade forex with CMC Markets?

  • Huge choice of forex pairs tradable around the clock
  • Practise on our award-winning Next Generation platform and mobile apps
  • Build your risk management skills with our range of stop orders including guaranteed stop-loss orders 
  • Award-winning customer service

No risk

Open a free spread betting demo account today

  • Trade $10,000 virtual cash
  • No expiry date
  • Instant approval – start practising in seconds
  • No credit card information required

Open a free demo account now

Losses can exceed deposits on a live account

Spread bet with a reputed global provider

57,000

active clients worldwide across all account types

66.8M

trades per annum across all products

15

global offices

Open a free spread betting demo account now

Losses can exceed deposits on a live account

Winner 2018

Most Value for Money

Investment Trends Singapore
CFD and FX Report 2018

Winner 2018

Best Customer Service

Investment Trends Singapore
CFD and FX Report 2015-2018

Winner 2018

Highest Overall Client Satisfaction

Investment Trends Singapore
CFD and FX Report 2015-2018

Winner 2018

Best Educational Materials/Programs

Investment Trends Singapore
CFD and FX Report 2018

Winner 2017

Financial Services Provider of the Year

Shares Awards

Winner 2017

Mobile Phone/Tablet Platform

Investment Trends 2017 UK Leverage Trading Report

Winner 2016

Best Mobile Application

Investment Trends Singapore CFD and FX Report 2015-2016

Winner 2015

Service Excellence

The Australian Business Awards 2015

Awarded 'Highest Overall Client Satisfaction', 'Best Customer Service', 'Best Educational Materials/Programs', 'Most Value for Money'

Investment Trends 2018 Singapore CFD & FX Report

*Awarded 'Best Trading Platform Features', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among spread betters and FX traders; 'Best Mobile Platform', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among spread betters, 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.

**Best Forex Customer Service 2015, UK Forex Awards

^Spreads may widen and margins may increase in volatile markets.

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CFD trading can result in losses that exceed your deposits. Ensure you understand the risks.