Alpari
CMC Markets
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In comparing Alpari and CMC Markets, traders will find distinct differences in their offerings and target clientele. Alpari, with a rating of 3.12/5, appeals to traders seeking high leverage and low entry costs, supported by its MT4 and MT5 platforms, but operates under offshore regulation. Meanwhile, CMC Markets, boasting a higher rating of 4.04/5, is ideal for those prioritising a strong regulatory framework and a robust proprietary trading platform, though it offers lower leverage and higher spreads on certain instruments. Each broker caters to different trading needs, with Alpari suiting high-risk forex traders, while CMC Markets attracts those looking for extensive market access and stringent oversight.
Alpari
CMC Markets
| Alpari | CMC Markets | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 4.0/5 ✓ |
| Min. Deposit | $5 | $0 ✓ |
| Spread from | 0.4 pips ✓ | 0.7 pips |
| Max Leverage | 1:1000 ✓ | 1:500 |
| Regulation | FSA | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, MT4 |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Alpari offers lower spreads (0.4 pips).
See full side-by-side comparison belowAlpari
CMC Markets
WinnerAlpari
Lower feesCMC Markets
Alpari
3.1/5
Choose Alpari if you want…
CMC Markets
4.0/5
Choose CMC Markets if you want…
CMC Markets scores higher overall on our independent rating system. Alpari holds a 3.1/5 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.
Alpari offers spreads from 0.4 pips, while CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.
Alpari requires a minimum deposit of $5. CMC Markets requires $0.
Alpari is regulated by FSA, while CMC Markets holds licences from FCA, ASIC, MAS.
Alpari supports MT4, MT5. 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.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.