Is CMC Markets a Scam? Regulation Check 2026

We checked CMC Markets's licence in the official ASIC register. Here is what the public records say.

Verdict

CMC Markets is NOT a scam. It holds ASIC licence 238054, authorising it to offer trading services in New Zealand.

How to verify on the official register

RegulatorASIC ASIC
Australian Securities and Investments Commission (ASIC)
Licence Number238054
Regulated EntityCMC Markets Asia Pacific Pty Ltd
Founded1989
ListedLSE:CMCX โ€” publicly audited

What ASIC regulation means

ASIC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with ASIC directly.

What ASIC regulation means for your money

  • Client funds held in segregated bank accounts, separate from CMC Markets's own capital
  • Negative balance protection โ€” you cannot lose more than your deposit
  • Right to file complaints directly with ASIC if CMC Markets fails to resolve your issue
  • CMC Markets submits to regular independent financial audits under ASIC oversight

Frequently Asked Questions

Is CMC Markets a scam or legitimate?

CMC Markets is NOT a scam. It holds ASIC licence number 238054. ASIC is one of the world's most respected financial regulators. The licence is publicly verifiable in the ASIC official register.

How do I check CMC Markets's ASIC licence?

Go to the official ASIC website and use the public register search. Search for licence number 238054 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 ASIC-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 New Zealand?

In New Zealand, CMC Markets operates under ASIC 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 ASIC.

72% of retail investor accounts lose money when trading CFDs with CMC Markets.

Reader Comments

Loading comments...