CMC Markets Will Launch Simulated Trading Program
The new CMC Funded platform offers participants access to a $100,000 simulated account starting this October.
Updated on Sept. 28, 2026 in Investing
Live Poll
Would you participate in a simulated trading program to improve your chances of a professional interview?
CMC Markets will launch its new simulated prop trading program, CMC Funded, on October 1, 2026. Participants in the program will manage a $100,000 simulated account to demonstrate their trading performance.
Why it matters
The program aims to identify successful traders by evaluating their consistency against simulated prices and rules. It seeks to provide a structured environment for assessing talent rather than executing live customer trades.
Participants are allocated a $100,000 simulated account to test performance against pre-defined rules. The program does not involve the execution of actual customer trades or the holding of client money.
The players
CMC Markets
This is a global provider of online trading and financial services.
Verichain
This is an AI-based recruitment platform used to connect traders with employers.
The details
The initiative utilizes the AI-based recruitment platform Verichain to connect high-performing traders with potential employers. While Verichain serves as the first referral partner, completion of the program does not guarantee placement or employment for participants.
Timeline
September 28, 2026: CMC Markets announced the CMC Funded program.
October 1, 2026: The CMC Funded platform will officially go live.
Market Dynamics
This program follows the industry trend of utilizing simulated trading environments as a primary screening mechanism for institutional talent. It reflects a broader shift toward using AI-driven recruitment platforms to identify high-potential traders for potential professional placement.
Aspiring traders can use this platform to gain experience and visibility with recruitment partners without risking personal capital. Participants should note that success in the simulation does not translate into guaranteed employment or professional placement.
The takeaway
This initiative provides a bridge for traders to prove their skills in a risk-free environment. Prospective users should view the program as a recruitment tool rather than a substitute for professional brokerage services.
What happens next
The CMC Funded platform is scheduled to go live for all participants on October 1, 2026.
Further reading
Learn more about evolving market strategies in the Investing section.
Live Poll
Would you participate in a simulated trading program to improve your chances of a professional interview?
