Recalculated 2026-11-02 · Established 1989 · CMC Markets does not accept clients resi
CMC Markets — South Africa
CMC Markets is rated 2.20 out of 5 by our formula (scored, but outside the ranking) for traders in South Africa: round turn not priced, residents accepted — No.
Suits you if you can open with 0 USD · it has been trading for 37 years
Look elsewhere if it holds no licence issued in South Africa · it does not take residents of South Africa
Key facts (8)
- Who actually onboards you
- CMC Markets does not accept clients resident in South Africa; South Af
- Licence number
- not stated
- Established
- 1989group
- Min deposit, USD
- 0 USDgroup
- Platforms
- —
- Local funding
- not applicable
- Max leverage
- 200group
- EURUSD
- 0.5 pipsgroup
Accounts (2)
2 of 2 accounts with a published cost per lot
2 of 2 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| CMC MarketsStandard Account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| CMC MarketsFX Active Account | — | 0advertised | 5per standard lot | 5round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| CMC Markets | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | 0 USDgroup | 50.0 USD |
| Max leverage | 200group | 500.0geo |
| Withdrawal, h | 1 to 2 business daysgroup | 24.0 h |
| EURUSD, standard | 0.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 1989group | 2009.0 |
| Platforms | 0 | 3.0 |
Does not accept residents of South Africa
Not served; no FSCA authorisation and no offshore onboarding offered for SA residents.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about CMC Markets.
- Who actually onboards you
- CMC Markets does not accept clients resident in South Africa; South Africa is on CMC's exc
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (5/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:31.2% × 3.25+ 25.0% × 0.00+ 18.7% × 3.00+ 12.5% × 5.00+ 12.5% × 0.00= 2.2
Shown, not ranked: no round-turn price
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
CMC Markets does not accept clients resident in South Africa; South Africa is on CMC's excluded-countries list.
Entity not established
What each account gives you
not applicable
Cost per round turn, and the South Africa middle (81 of 104)
Client-money protections
not applicable
What the broker publishes about payouts
Trading software and asset classes (0)
not applicable
Reviews
4.3 out of 5
Where it wins, where it loses
Pros (0)
- —
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
South Africa, United States, Brazil, Ukraine, Nigeria, Pakistan
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (2)
2 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1cmcmarkets.com/en/important-informationcmcmarkets.com · pageBroker
- Aggregators and directories
- 2tradersunion.com/brokers/forex/view/cmc-markets/available-countriestradersunion.com · pageAggregator
FAQ (4)
Does CMC Markets accept residents of South Africa?
No.
Which entity onboards a South Africa client of CMC Markets?
CMC Markets does not accept clients resident in South Africa; South Africa is on CMC's excluded-countries list.
What licence does CMC Markets hold for South Africa?
No licence number is published for this country.
How long does a withdrawal from CMC Markets take?
CMC Markets publishes 1 to 2 business days. Their own wording: “do not currently charge any fees to make deposits or withdrawals of funds”.