Skip to main content
pipvet.comBroker Status Register
Report a broker
Independent

This register is not a regulator. Every status links to the regulator's own notice or register entry.

341 firms on file · 202 identified entity records 73 carry a published regulator notice

COUNTERPARTY FILE · last re-checked 2026-09

CMC Markets Institutional (CMC Connect / API Direct) — institutional liquidity provider

This record reflects the firm's established history and self-reported metrics, warranting cautious consideration.

CMC Markets UK plc (institutional services; group parent CMC Markets Group plc, LSE: CMCX) · City of London, United Kingdom

evidence score
90/100

Licence, read literally

RegulatorLicence numberJurisdictionTierSource
FCA173730UKT1open source
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.

Residuals a counterparty carries

2

  1. R01

    Self-measured claims

    CMC Markets claims to execute 64.5 million spread bet and CFD trades annually, but this is self-reported.

    Source: liquidityfinder.com directory

  2. R02

    Unpublished client numbers

    CMC Markets lists over 80,000 active clients, but this figure is not verified on their own pages.

    Source: liquidityfinder.com directory

The claims ledger

Claims specific enough to be falsified — and the ones that remain the venue's own measurement.

Testable claims

  • CMC's own institutional page states 'Formed in 1989 and listed on London Stock Exchange, we have accumulated over 20 years' institutional experience, with existing partnerships in more than 25 countries' (cmcmarkets.com/partners/institutional)
  • Own API Direct description: 'comprehensive multi-asset coverage from a single provider with our API Direct feed, including access to our market-leading CFD liquidity and FX product suite' with 'consistent pricing and market depth across more than 400 instruments' (cmcmarkets.com/partners/institutional)
  • CMC Connect page: 'CMC Connect offers multi-asset liquidity provision and tailored trading technology to a global institutional client base' (cmcmarkets.com/en/connect)

Claims we cannot verify from outside

  • 64.5m spread bet and CFD trades annually (2018-19) and 80,000+ active clients appear on liquidityfinder.com directory copy of CMC profile — directory source, not verified on CMC's own pages

Perimeter and coverage

Asset classes
CFDs, FX spot, Spread betting (UK), Multi-asset derivatives (400+ instruments)
Venues
API Direct feed, Prime FX, Prime Derivatives, Grey label / white label platforms
Connectivity
FIX API, REST API, Native API (API Direct), MT4/MT5 white label
Clients accepted
Banks, Brokers, Funds, Trading desks, Partnerships in more than 25 countries
Explicitly refused
Retail clients (institutional arm)
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.