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58 brokers measured in Pakistanbroker data checked 27.08.2026
CMC Markets logoCMC MarketsCMC Markets does not list Pakistan among its accepted countries and does not appear to onboard Pakistani residents.

CMC Markets in Pakistan — review, licence and costs

Written and checked by the Indus Review editorial team · how we score ·  score recalculated 01.10.2026
noAccepts residents of PakistanOpened by CMC Markets (Pakistan) (Pvt.) Ltd., register checked 09.07.2026

Score (5 of 6 axes scored)

3.18/ 5.0

shown, not ranked: no cost

2 + 3 × 0.393 = 3.18 · axes on 0–100, total on 2.0–5.0

Key facts

Licence check

No CMC entity holds a Pakistani SECP licence; not applicable.
No licence number published for Pakistanchecked 09.07.2026secp.gov.pk
Open an account with CMC Markets

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the CMC Markets website
CMC Markets's own site, captured for this review (07.10.2026)

Taxes for a Pakistani resident(1 rule)

  • Forex/derivatives trading profit for residents is generally taxed as income;https://tradersunion.com/brokers/forex/view/cmc-markets/available-countries

Not tax advice. Check with the Federal Board of Revenue.

Who actually onboards you

Entity that onboards Pakistan residents
CMC Markets does not list Pakistan among its accepted countries and does not appear to onboard Pakistani residents.
Local standing
Not served; no local Pakistani regulation and no verified offshore onboarding for Pakistani residents.
Licence as the register states it
No CMC entity holds a Pakistani SECP licence; not applicable.
Leverage for this entity
not applicable
The firm behind it
Founded 1989, HQ London, listed on the London Stock Exchange; long-established global CFD/spread-betting broker.
What we hold against it
Tier-1 regulated group; Pakistan not among its serviced markets.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Pakistani residents enters the score.

The entity that onboards youCMC Markets does not list Pakistan among its accepted countries and does not appear to onboard Pakistani residents.Local or offshore not stated in the source · SECP licence —
1:200 group
Pakistan median, local entities: 1:50 · 18 of 20 statedGroup figure, not the local one

Scale from 1:10 to 1:3000, logarithmic.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Client protection

  • Local entity onboards youNot served; no local Pakistani regulation and no verified offshore onboarding for Pakistani residents.
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Accounts

Account types the broker names for this country: not applicable. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Deposit and withdrawal methods (1 methods · 0 local rails)

not applicable

    Account currency
    not applicable
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(6 countries)

    United StatesBrazilUkraineNigeriaSouth AfricaPakistan

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(1 platform)

    ClassCountMin spreadLeverage
    All instruments12000+—200PK

    114 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 108 more.

    Reviews(1 platform · 25% of the score)

    4.0/ 5
    Trustpilot rating
    3,488
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20264.03,488

    Share of reviewers in Pakistan: — The platform does not publish it.

    Pros and cons(2 for and 5 against, each tied to a figure on this page)

    For
    • Min deposit 0 USD, under the Pakistan median 7.5
    • Track record 100 of 100, its strongest of 5 scored axes
    Against
    • Round-turn cost not priced: the pair of spread and commission is not published
    • No Pakistan authorisation on file: the entity that onboards you is licensed elsewhere
    • Withdrawal in 48 h, over the Pakistan median 24
    • Safety 0 of 100, its weakest of 5 scored axes
    • Not scored on round-turn cost: the broker publishes no figure we could read

    Where CMC Markets sits in the Pakistan base(62 brokers)

    Round-turn cost, USD (36 of 62 priced)

    3<5
    207.5
    510
    312.5
    315
    117.5
    1>17.5

    Median 7 USD · range 3-19 · 26 of 62 brokers do not publish it

    Minimum deposit, USD (16 of 62 priced)

    13<50
    1100
    1150
    0200
    1>200

    Median 7.5 USD · range 0-237.2 · this broker 0 USD · 46 of 62 brokers do not publish it

    Retail leverage (34 of 62 with a Pakistan figure)

    17<1k
    62k
    73k
    34k
    1>4k

    Median 1:750 · range 50-5000 · this broker 1:200 · 28 of 62 brokers do not publish it

    Withdrawal time published (62 brokers)

    6of 58
    Published, hours6not published38CMC Markets is one of the 6

    Alternatives in Pakistan(6 of 62 scored in Pakistan)

    3.33
    XTB
    Licensed elsewhere
    Round turn, USD
    9PK
    Min deposit, USD
    0 groupPK
    Rank in this country
    #28
    3.11
    eToro
    Licensed elsewhere
    Round turn, USD
    10PK
    Min deposit, USD
    10 groupPK
    Rank in this country
    #34
    3.47
    Plus500
    Licensed elsewhere
    Round turn, USD
    6PK
    Min deposit, USD
    10 groupPK
    Rank in this country
    #24
    3.82
    Interactive Brokers
    Licensed elsewhere
    Round turn, USD
    5PK
    Min deposit, USD
    0PK
    Leverage
    50PK
    Rank in this country
    #12
    4
    HFM
    Licensed elsewhere
    Round turn, USD
    6PK
    Min deposit, USD
    5 groupPK
    Leverage
    2000PK
    Rank in this country
    #2
    3.92
    BlackBull Markets
    Licensed elsewhere
    Round turn, USD
    6PK
    Min deposit, USD
    0PK
    Leverage
    500PK
    Rank in this country
    #6

    Methodology(6 axes · formula v1.0)

    Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Pakistan score. Full methodology

    AxisWeightWhat is measuredCMC Markets
    Reviews25%Rating, volume and recency on one public review platform50
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median—
    Safety20%Local authorisation, the entity that onboards you, any regulator warning0
    Payouts15%Published withdrawal time, fees and the methods available in the country60
    Track record10%Years since the firm was founded, from its own filings100
    Platforms10%Which trading platforms the broker confirms for this country0

    FAQ

    Does CMC Markets accept residents of Pakistan?
    No. Not served; no local Pakistani regulation and no verified offshore onboarding for Pakistani residents. Onboarding entity: CMC Markets does not list Pakistan among its accepted countries and does not appear to onboard Pakistani residents.
    Is CMC Markets licensed to serve clients in Pakistan?
    No CMC entity holds a Pakistani SECP licence; not applicable. Checked on 09.07.2026.
    What leverage does CMC Markets offer to retail clients in Pakistan?
    Up to 1:200. +44 (0)20 7170 8200 [email protected] Create account 0.0 Pips FX minimum spread ¹ 1:200 Maximum retail leverage 0.01 Micro lot trading* 12,000 Financial instruments 24/5 Dedicated cust
    How can I withdraw money from CMC Markets in Pakistan?
    not applicable
    What account types does CMC Markets offer?
    not applicable

    Verified · Sources

    Verified01.10.2026
    next review 01.01.2027