CMC Markets
Updated: 21 Sept 2025
- Extensive range of product catalog where clients are able to trade up to 12,000 instruments
- Access to award winning trading platforms with rich, highly customisable features such as an advanced order panel
- No withdrawal fees
- No min. deposit required
- Free demo account available for practice
- Min. commission fee of S$10
CMC Markets Singapore Pte. Ltd. Co. Reg. No./UEN 200605050E ("CMC Markets"). Regulated by the Monetary Authority of Singapore (CMSL No: 100063). See risk warning/disclosures and other important information (including the applicable terms of business) at our website: Home. Singsaver is our paid affiliate marketing partner.
The Information provided is not to be regarded as an offer, a solicitation or an invitation to deal in any investment product or an advice or a recommendation with respect to any investment product, and does not have regard to the specific investment objectives, financial situation and particular needs. Contracts for Difference (“CFDs”) are leveraged products and carry a high level of risk to your capital as prices may move rapidly against you. Losses can exceed your deposits and you may be required to make further payments. Countdowns carry a level of risk to your capital as you could lose all of your investment. Invest only what you can afford to lose. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This advertisement has not been reviewed by the Monetary Authority of Singapore.
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Summary: CMC Markets is a MAS-regulated CFD broker offering a wide range of instruments (shares, indices, forex, commodities, treasuries, crypto) on its proprietary Next Generation platform, with MetaTrader 4 and TradingView connectivity available. Highlights include competitive spreads, tiered product coverage, fast local funding (FAST/PayNow), free demo, and a transparent fees schedule. Note: CFDs are leveraged products and carry a high risk of loss.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CMC Markets at a Glance (Singapore)
| Feature | Details |
|---|---|
| Instruments | CFDs on shares, ETFs, indices, FX, commodities, treasuries, cryptocurrencies |
| Platforms | Next Generation (web/mobile/desktop), MetaTrader 4, TradingView link |
| US/SG shares (CFDs) | US: from US$10 min or US$0.02/CFD; SG: 0.10% min S$10 |
| Spreads (indicative) | Indices from 0.3; major FX pairs from 0.7; commodities as low as 0.3 (product-dependent) |
| Account minimum | No minimum funding to open; funding required to trade |
| Inactivity fee | S$15/month after 12 months with no trading activity |
| Funding methods | FAST (SGD), PayNow (J.P. Morgan UEN), Visa/Mastercard, USD telegraphic transfer |
| Withdrawal fee | Platform fee $0 to Singapore bank accounts (bank/receiving fees may apply) |
| Demo account | Free demo with virtual funds |
| Regulation | Authorised in Singapore; client money held in segregated trust accounts |
Pros & Cons
Pros
- Broad product range across global markets with deep instrument lists.
- Powerful platform (Next Generation) plus MT4 and TradingView connectivity.
- Fast local funding via FAST and PayNow; withdrawals to SG bank typically quick.
- Transparent fees pages and free demo to practise strategies.
- MAS-regulated with segregated client money arrangements.
Cons
- GSLOs carry a premium (refunded if not triggered), so risk tools aren’t always cost-free.
- Inactivity fee after prolonged dormancy (12 months).
- Financing/holding costs and FX conversion can add to total cost of ownership.
Fees & Charges (CFDs)
Share CFDs
- US shares (CFDs): US$0.02 per CFD, min US$10 (illustrative schedule).
- SG shares (CFDs): 0.10% of trade value, min S$10.
Indicative Spreads
- Indices: from 0.3 (e.g., US 30, UK 100).
- Forex (majors): from 0.7.
- Commodities: from 0.3 (e.g., gold ~0.3; oil ~2.5 min spread).
- Crypto CFDs: variable minimums by pair (see platform).
Other Costs
- Holding/financing costs: applied to positions held overnight; rate varies by product and side (see product overview in-platform).
- Inactivity fee: S$15/month after 12 consecutive months without trading.
- Market data: most share data free; some markets charge a monthly fee, typically refunded with sufficient monthly trades.
- GSLO premium: charged when you place a Guaranteed Stop-Loss Order; refunded if not triggered.
All pricing is subject to change. Always confirm the live schedule in-platform before trading.
Markets & Products
- Shares & ETFs (CFDs): extensive coverage (US, SG, HK and more).
- Indices: major US, EU, UK, Asia benchmarks.
- Forex: major, minor and select exotic pairs.
- Commodities: energies, metals, softs.
- Treasuries: global government bond CFDs.
- Cryptocurrencies: popular pairs (availability subject to local rules).
Funding & Withdrawals (SGD & USD)
| Method | Typical Timing | Fees / Notes |
|---|---|---|
| FAST (SGD) | Immediate (subject to checks) | No platform fee; add your CMC account number in the transfer reference |
| PayNow (SGD) | Immediate | J.P. Morgan PayNow UEN available; zero platform fee; include account number in reference |
| Visa/Mastercard | Immediate | 2% card deposit fee (platform) |
| USD Telegraphic Transfer | 1–3 working days | Bank charges may apply (UOB vs non-UOB differ); include your trading account number |
| Withdrawals to SG bank | ~1–2 working days | No platform withdrawal fee; receiving bank fees may apply |
| Card withdrawals | ~3–5 working days | Up to amount deposited by that card (card scheme limits apply) |
Tip: For fastest local funding, use FAST or PayNow with your trading account number in the reference field.
How to Open an Account
- Start an application and verify identity (e.g., via MyInfo/Singpass or manual upload).
- Complete appropriateness/knowledge checks and accept the agreements.
- Fund via FAST/PayNow/card/wire and start trading in the live account, or practise first on the free demo.
Platform & Tools
- Next Generation: advanced charting, order types, layout customisation, price alerts, integrated education, and frequent feature updates.
- MetaTrader 4: classic MT4 environment with add-ons and VPS options.
- TradingView linkage: research on TradingView and route orders via CMC (activate market data as needed).
- Risk tools: GSLOs (with refundable premium if not triggered), regular and trailing stops.
Regulation, Custody & Safety
- Regulator: CMC Markets Singapore Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS).
- Client money: retail funds are held in segregated trust accounts with banks licensed in Singapore; not used for hedging or other clients’ obligations.
- Support: Singapore-based service with 24/5 phone and email availability.
Frequently Asked Questions
Is there a minimum deposit?
There’s no minimum funding required to open an account. You’ll need sufficient funds to place live trades; otherwise, use the free demo to practise.
What are the key trading costs?
For share CFDs, commissions start from US$0.02/CFD (min US$10) for US and 0.10% (min S$10) for SG. Indices/FX/commodities are spread-only with product-specific minimums. Holding costs, GSLO premiums and market-data fees (for some exchanges) may apply.
How do PayNow and FAST funding work?
Use your bank app to send SGD via FAST or PayNow to CMC’s designated details and include your trading account number in the reference for instant or near-instant crediting. PayNow via J.P. Morgan UEN is available 24/7.
Does CMC charge withdrawal fees?
No platform withdrawal fee to Singapore bank accounts. Receiving bank charges may apply and card withdrawals follow card-scheme constraints.
Is CMC Markets regulated in Singapore?
Yes. The Singapore entity holds a Capital Markets Services licence and follows client money segregation rules under the Securities & Futures Act.
Disclaimer: Information is for education only and does not constitute financial advice. Products, fees, spreads and funding times can change; confirm details on the official site before trading.