CMC Markets is credited with conducting the first online FX transaction in 1996, which used the platform's proprietary MarketMaker software. The company's first office was established in Sydney, Australia, and it now has offices in New York and Toronto. Goldman Sachs currently has a 10% stake in CMC Markets. CFDs and spread betting enable traders to execute transactions. The spread varies, but it is quite competitive. On average, a trader can expect a spread of 0.8 pips or something in that range. CFDs and spread betting can be used to trade forex, indices, cryptocurrencies, commodities, shares, share baskets, and treasuries.
https://www.cmcmarkets.com

CMC Markets is a UK-based global financial services provider specializing in online trading. Established in 1989, it offers a range of products, including contracts for difference (CFDs), spread betting, and forex trading. The platform serves retail and institutional clients, providing access to thousands of markets, such as equities, commodities, indices, and cryptocurrencies. CMC Markets is known for its robust trading technology, offering advanced charting tools, risk management features, and a user-friendly interface. Regulated by top-tier financial authorities like the FCA, it ensures a secure trading environment. Additionally, the company provides educational resources and market insights, making it a preferred choice for traders seeking a comprehensive and reliable trading experience.