Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 0.7 points on EUR/USD and USD/JPY
  • Powerful charting and innovative trading tools
  • Trade forex on the move with our mobile and tablet apps
  • Award-winning support** around the clock, whenever the markets are open

Open a trading account now

Cash rebates^

  • We reward high-volume forex traders with cash rebates
  • Earn £5-£10 per £1m of forex traded (trade £50m to qualify)
  • We paid £10.5m to our clients globally 2015-16
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 forex 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 our 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 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 in 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.

CMC Markets

98% of calls answered in under 20 seconds

CMC Markets

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 0.20%
  • 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

Earn cash rebates on your FX trades

  • Trade high volumes of forex and earn cash rewards
  • Earn £5-£10 per £1m of forex traded (trade £50m to qualify)
  • We paid £10.5m in rebates globally to our clients in 2014/2015

Trade forex with a reputed global provider

CMC Markets


active clients worldwide across all account types

CMC Markets


trades per annum across all products

CMC Markets


global offices

Open an account now

Losses can exceed your deposits

Winner 2015

Best CFD Provider

Shares Awards

Winner 2015

Best Mobile/Tablet Trading Application

Shares Awards

Winner 2015

Financial Services Provider of the Year

Shares Awards

Winner 2015

Best Customer Service

UK Forex Awards 2015

Winner 2015

Best Spread Betting Platform

ADVFN International
Financial awards 2015​

Winner 2015

Best Mobile/Tablet Application

Online Personal Wealth Awards

Winner 2015

CFD Broker of the Year

Brokerwahl - Germany

Winner 2015

Service Excellence

The Australian Business Awards 2015

Awarded 'Best Trading Platform Features', based on highest user satisfaction among spread betters and FX traders; and 'Best Mobile/Tablet App', based on highest user satisfaction among spread betters, CFD traders and FX traders. 

Investment Trends 2014 & 2015 UK Leveraged Trading 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.

**Awarded 'Best Customer Service', Investment Trends 2015 UK Leveraged Trading Report, based on highest user satisfaction among spread betters; 'Best Forex Customer Service', UK Forex Awards 2015.

^Terms and conditions apply.

Spreads may widen and margins may increase in volatile markets.