About CMC Markets
CMC Markets was established in 1989 when entrepreneur Peter Cruddas famously started the company with a £10,000 investment. Cruddas called his firm the ‘Currency Management Corporation’ and set up a small office with just a desk and a phone. He began to broker FX deals with contacts gained as a bank operator at Western Union.
Global spread betting and CFD provider
Fast forward 20 years and Peter Cruddas is now the Chairman and CEO of a global company with offices around the world and over 1,000 staff. The Currency Management Corporation was re-branded as CMC Markets in 2005 and has broadened its product range to offer financial spread betting, CFD trading and FX.
Our trading platform
CMC Markets has always been ready to harness new developments in internet technology and we were the first company to offer a web based trading platform, named Marketmaker, to the retail market. We have continued to pursue our mission to make trading more accessible to the private investor by lowering transaction costs through our spreads and dealing commissions as well as allowing our customers to trade on instruments from as little as 1 CFD (£1 per point in spread betting). Today, our customers can open an account with as little as £200 and trade on a huge selection of global equity, currency, and commodity markets.
Our partners
Key acquisitions in the course of CMC Markets’ expansion have included the financial content and data provider Digital Look, and Australian stock-broker Andrew West & Co. Still privately-held, CMC Markets welcomed its first institutional shareholder when Goldman Sachs purchased a 10% stake in the company in 2007.
Award winning
CMC Markets’ achievements have been recognised by traders and industry professionals alike and we are the proud owners of a number of prestigious awards for our trading platforms.
