Research profile
Profile data updated: September 29, 2026
CMC Markets Funded
True North Tech L.L.C-FZ
Note: Pre-launch: public launch set for 1 October 2026. Site still "Coming soon" as of 29 Sep 2026. Do not promote to active until live product + commercial terms verified.
Simulated prop evaluation (CMC Markets Funded / CMC Funded). Operator: True North Tech L.L.C-FZ (Dubai). CMC Markets Singapore is exclusive brokerage/marketing partner, not guarantor. Public launch 1 Oct 2026. $100K simulated eval accounts; Verichain interview path for passers.
- Headquarters
- Dubai, UAE
- Founded
- 2026
- Funding model
- Evaluation Based
- Geographic availability
- Worldwide policy not clearly statedU.S. traders:Not confirmed
May suit
traders focused on forex; traders comfortable with an evaluation phase; traders who want a published scaling path.
Consider alternatives if
you require futures.
Trader rating
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Overview
What this firm is and who it serves
CMC Markets Funded (also styled CMC Funded) is a simulated proprietary trading evaluation programme scheduled for public launch on 1 October 2026. Programme terms identify Dubai-based True North Tech L.L.C-FZ as the operator and contractual counterparty responsible for fees, participant accounts, rewards and refunds, under a Marketing Services Agreement with CMC Markets Singapore Pte. Ltd. CMC Singapore provides brand, data and operational support as exclusive financial-services/brokerage partner but is not the operator or guarantor; CMC Group regulatory status does not extend to the programme. Marketing (CMC / FinanceFeeds / Disruption Banking, 28 Sep 2026) states every participant receives the same $100,000 simulated evaluation with preset targets and risk limits; passers receive a Verified Trader badge and an interview opportunity via Verichain (not a job guarantee). Infrastructure signals point to Match-Trader (DNS trade.cmcmarketsfunded.com → Match-Trade). As of 29 Sep 2026 the public site still shows "Coming soon" / early access; fees, profit split, drawdown model, payout mechanics and country eligibility are not yet published. Keep under_review until launch and live commercial terms are verified — do not invent numbers.
At a glance
Structured facts about this firm
- Firm Type
- Evaluation Based prop firm
- Market Focus
- Forex
- Trading Style
- Discretionary intraday trading
- Retail Accessibility
- Open to retail traders via evaluation
- Based in
- Dubai, UAE
- Geographic availability
- Worldwide policy not clearly stated
- Known For
- Public launch 1 Oct 2026
- CEO
- Benjamin Charbonneau (Managing Director / Head of CMC Funded)
- Operating name
- True North Tech L.L.C-FZ
Funding programs
Account types and the path to capital
Evaluation
AvailablePass a challenge before receiving a funded account.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Challenge fees, splits, drawdown and payout rules not published as of 29 Sep 2026. Leave null until post-launch source.
Trading rules
What's allowed, what isn't
Asset classes supported
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
Payout structure
How and when you get paid
Pros & cons
A balanced view based on documented terms
Strengths
- +Associated with listed CMC Markets brand / technology narrative
- +Clear legal separation disclosed in terms (True North vs CMC)
- +Recruitment path via Verichain beyond pure payout marketing
Trade-offs
- −Not yet live as of enrichment date
- −Commercial rules unpublished
- −Contract is with Dubai operator — CMC regulation does not cover the programme
- −US eligibility unknown
CMC Markets Funded FAQs
Based on terms reviewed September 29, 2026
What should traders verify before choosing CMC Markets Funded?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with CMC Markets Funded before purchasing.
Does CMC Markets Funded offer evaluation and instant-funding options?+
CMC Markets Funded offers an evaluation (challenge) path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
How does CMC Markets Funded's scaling plan work?+
CMC Markets Funded publishes a scaling ceiling of up to $100,000 through scaling. A scaling ceiling is the maximum allocation reachable over time — not the size of an initial funded account.
Which platforms and markets are available at CMC Markets Funded?+
Platforms: MatchTrader. Markets: forex. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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