Is CMC Markets a Scam? Regulation Check 2026
We checked CMC Markets's licence in the official IIROC register. Here is what the public records say.
Verdict
CMC Markets is NOT a scam. It holds IIROC licence N/A, authorising it to offer trading services in Canada.
How to verify on the official register
| Regulator | IIROC Investment Industry Regulatory Organization of Canada (IIROC) |
| Licence Number | N/A |
| Regulated Entity | CMC Markets Canada Inc |
| Founded | 1989 |
| Listed | LSE:CMCX — publicly audited |
What IIROC regulation means
IIROC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with IIROC directly.
What IIROC regulation means for your money
- Client funds held in segregated bank accounts, separate from CMC Markets's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with IIROC if CMC Markets fails to resolve your issue
- CMC Markets submits to regular independent financial audits under IIROC oversight
Frequently Asked Questions
Is CMC Markets a scam or legitimate?
CMC Markets is NOT a scam. It holds IIROC licence number N/A. IIROC is one of the world's most respected financial regulators. The licence is publicly verifiable in the IIROC official register.
How do I check CMC Markets's IIROC licence?
Go to the official IIROC website and use the public register search. Search for licence number N/A or the entity name. The record will confirm CMC Markets's authorisation status and the scope of its permissions.
Are my funds safe with CMC Markets?
As an IIROC-regulated broker, CMC Markets must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if CMC Markets encounters financial difficulties.
What protection do I have as a CMC Markets client in Canada?
In Canada, CMC Markets operates under IIROC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with IIROC.
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