69% of retail investor accounts lose money
- Good Money Guide experts highlight CMC Markets Cryptocurrency Trading as a platform that allows trading in cryptocurrencies and crypto indices, but only for professional trading accounts with significant margin requirements. The platform offers proprietary indices, including an All Crypto Index and a Major Crypto Index, but is noted for its limited range of cryptocurrencies and the inherent volatility associated with crypto trading.
- Across 237 user reviews on Good Money Guide, averaging 4.2/5, customers frequently commend the platform's user-friendly interface, efficient customer service, and competitive spreads. Many users appreciate the reliability and speed of trade execution, while some suggest improvements to the mobile app's user experience.
CMC Markets Cryptocurrency Trading Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated CMC Markets Cryptocurrency Trading across five key areas of our review framework.
- Pricing4.5
- Market Access4.0
- App & Platform5.0
- Customer Service5.0
- Research & Analysis4.5
Pros
- LSE listed company
- Cryptocurrency indices
- Tax free spread betting
Cons
- Limited crypto range
- Professional trading accounts only
See full expert review
Our verdict
CMC markets, offers three proprietary crypto indices including, an All Crypto Index, a Major Crypto Index including bitcoin, ethereal, ripple, bitcoin cash, litecoin and an Emerging Crypto Index with cardamon, dash, EOS, monero, NEO, stellar lumens, tron.
Can you trade cryptocurrency on CMC Markets?
Yes, you can trade cryptocurrencies and crypto indices on CMC Markets, but only if you have a professional trading account with margin rates of around 50%.
According to CMC's description of the index, Bitcoin will constitute around 12% of the All Crypto Index and 40% of the Major Crypto Index at rebalancing dates. The calculation of these indices appears to be done internally and the calculation methods can be accessed publicly via this document.
The main disadvantage, of course, is that crypto even with 50% margin is extremely volatile and sometimes illiquid. So expect P&L swings to be huge and hard to trade out of in some circumstances.
So depending on your risk appetite, there are now an array of interesting crypto-based indices to be traded on. Again, stop losses are recommended in all positions.
Customer reviews for CMC Markets
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 237 reviews
- Excellent52%
- Very good22%
- Basic18%
- Poor6%
- Bad2%
Read customer reviews
Easy to use
Easy to use
gimmicky, too pushy for you...
gimmicky, too pushy for you to trade
Good
Good
Easy to navigate
Easy to navigate
Good
Good
No thoughts
No thoughts
Good
Good
Very good, no requotes
Very good, no requotes
Great leverage
Great leverage
Great platform with a lot...
Great platform with a lot of useful tools.
Very professional
Very professional
ok
ok
It's a trusted platform ever
It's a trusted platform ever
Good value and instrument availability
Good value and instrument availability
x
x
Good graphics and useful informative...
Good graphics and useful informative info.
Good
Good
great service
great service
Good for CFD's.
Good for CFD's.
fine
fine
CMC Markets has launched 24/7 cryptocurrency CFD trading as part of a strategic push into Web 3.0 and decentralised finance (DeFi), marking a major milestone in the company’s evolution. However, due to regulatory restrictions, UK retail clients will not yet have access to these crypto products.
The FTSE 250-listed trading platform announced the move alongside strong financial results for FY 2025, including a 12% increase in underlying EBITDA to £103.4 million and a 33% rise in pre-tax profits to £84.5 million.
CEO Lord Peter Cruddas described the shift to crypto as part of a wider transformation aimed at positioning CMC at the forefront of the future of finance.
The new 24/7 crypto offering — already live in CMC Markets Australia — adds 104 additional trading days per year, enabling clients to trade popular cryptocurrencies like Bitcoin and Ethereum around the clock.
CMC also confirmed its acquisition of a 51% stake in blockchain firm StrikeX, bringing native DeFi expertise in-house and accelerating development of new digital asset products, including a multi-asset wallet and tokenised securities.
However, in the UK, CMC is restricted from offering crypto CFDs to retail clients due to a ban introduced by the Financial Conduct Authority in January 2021. These products remain available only to professional clients. Retail traders seeking crypto exposure must look to direct trading platforms or regulated investment products.
CMC’s new DeFi vertical forms the third pillar of its business model, alongside its direct-to-consumer (D2C) trading platform and institutional Platform Technology as a Service (PTAS) division.
With plans to integrate on-chain settlement, tokenisation, and smart contract capabilities, CMC is preparing for a financial future where traditional and decentralised markets increasingly converge.
“Web 3.0 isn’t optional—it’s inevitable,” said Lord Cruddas. “CMC intends to lead that transformation.”
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
