CMC Markets
Firstrade
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In comparing CMC Markets and Firstrade, traders will find distinct offerings tailored to different trading needs. CMC Markets, a London-based broker, excels with its comprehensive range of over 10,000 instruments, appealing particularly to those interested in CFDs, forex, and diverse market opportunities. On the other hand, Firstrade, headquartered in New York, is ideal for cost-conscious stock and ETF traders, boasting zero commission fees and a straightforward platform, but with a more limited product range. While CMC Markets caters to traders seeking high leverage and advanced tools, Firstrade is better suited for those prioritising simplicity and cost-effectiveness in stock trading.
CMC Markets
Firstrade
| CMC Markets | Firstrade | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:2 |
| Regulation | FCA, ASIC, MAS ✓ | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets
WinnerFirstrade
CMC Markets
Firstrade
Lower fees
CMC Markets
4.0/5
Choose CMC Markets if you want…
Firstrade
3.4/5
Choose Firstrade if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs Firstrade's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while Firstrade starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. Firstrade requires $0.
CMC Markets is regulated by FCA, ASIC, MAS, while Firstrade holds licences from SEC, CFTC.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Firstrade supports Proprietary Web, Proprietary Mobile.
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.