Admiral Markets
CMC Markets
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In this broker comparison, we delve into the offerings of Admiral Markets and CMC Markets, two prominent names in the trading industry. Admiral Markets, with a rating of 3.77/5, is ideal for traders seeking flexibility in forex, CFDs, and real stock investing via the MT4 and MT5 platforms. Meanwhile, CMC Markets, rated 4.04/5, caters to those who prefer a robust, award-winning proprietary platform and access to a vast range of over 10,000 instruments without a minimum deposit requirement. The key difference lies in their platform offerings and fee structures, making Admiral Markets more appealing for those who value low spreads and educational resources, while CMC Markets attracts traders looking for a comprehensive range of instruments and zero deposit barriers.
Admiral Markets
CMC Markets
| Admiral Markets | CMC Markets | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 4.0/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.7 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, CySEC, ASIC | FCA, ASIC, MAS |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, MT4 |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.8/5 on BrokerRank's independent rating. On fees, Admiral Markets offers lower spreads (0 pips).
See full side-by-side comparison belowAdmiral Markets
CMC Markets
WinnerAdmiral Markets
CMC Markets
Admiral Markets, established in 2001 and headquartered in Tallinn, Estonia, is regulated by several reputable authorities including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Australian Securities and Investments Commission (ASIC). These regulatory bodies ensure that Admiral Markets adheres to strict financial standards and provides clients with a high degree of fund protection. Admiral Markets offers compensation schemes such as the Financial Services Compensation Scheme (FSCS) in the UK, which protects client funds up to £85,000.
CMC Markets, founded in 1989 and based in London, UK, also holds strong regulatory credentials. It is regulated by the FCA, ASIC, and the Monetary Authority of Singapore (MAS). CMC Markets offers investor protection via the FSCS in the UK, mirroring the level of safety provided by Admiral Markets. Both brokers demonstrate a robust commitment to safeguarding client assets and maintaining transparent business operations.
Admiral Markets offers competitive spreads starting from 0.0 pips on its Zero account, making it an attractive option for cost-conscious traders. The broker charges a commission of $3 per lot, with a minimum deposit requirement of $100. Overnight fees are applicable, and an inactivity fee is levied after 24 months of no trading activity. Admiral Markets provides a maximum leverage of up to 1:500, offering substantial trading flexibility.
In contrast, CMC Markets offers spreads starting from 0.7 pips and does not charge commissions, positioning itself as a cost-effective option for certain traders. Notably, CMC Markets has no minimum deposit requirement, making it accessible for new traders. However, the broker imposes an inactivity fee after 12 months of dormancy. Similar to Admiral Markets, CMC Markets offers a maximum leverage of 1:500.
Admiral Markets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), alongside its proprietary web platform. MT4 and MT5 are renowned for their comprehensive charting tools and algorithmic trading capabilities. Meanwhile, CMC Markets offers its award-winning Next Generation platform, which provides advanced charting features and a user-friendly interface, as well as MT4 for traders who prefer a more traditional platform.
CMC Markets, with its higher rating of 4.04/5, is preferable for beginners due to its no minimum deposit and advanced platform. Admiral Markets, rated 3.77/5, is better suited for professional traders seeking competitive spreads and educational content. For the lowest fees, Admiral Markets is advantageous with its zero-pip spreads on select accounts.
Admiral Markets
3.8/5
Choose Admiral Markets if you want…
CMC Markets
4.0/5
Choose CMC Markets if you want…
CMC Markets scores higher overall on our independent rating system. Admiral Markets holds a 3.8/5 rating vs CMC Markets's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Admiral Markets offers spreads from 0 pips, while CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.
Admiral Markets requires a minimum deposit of $100. CMC Markets requires $0.
Admiral Markets is regulated by FCA, CySEC, ASIC, while CMC Markets holds licences from FCA, ASIC, MAS.
Admiral Markets supports MT4, MT5, Proprietary Web. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.