CMC Markets
FxPesa
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
Choosing between CMC Markets and FxPesa depends on your trading style, preferred markets, and budget. CMC Markets is headquartered in London, UK, while FxPesa operates from Nairobi, Kenya. CMC Markets has the longer track record, established in 1989, compared to FxPesa which was founded in 2019. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
CMC Markets
FxPesa
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.3/5 on BrokerRank's independent rating. On fees, FxPesa offers lower spreads (0.6 pips).
See full side-by-side comparison belowOverall Rating
CMC Markets
4.0 vs 3.3
Lowest Fees
FxPesa
0.7 vs 0.6 pips
Regulation
CMC Markets
3 vs 1 licences
Min. Deposit
CMC Markets
$0 vs $5
CMC Markets
WinnerFxPesa
CMC Markets
FxPesa
Lower feesCMC Markets holds licences from FCA, ASIC, MAS. FxPesa is regulated by CMA.
Both brokers offer access to Cfd, Forex, Indices, Commodities markets. CMC Markets additionally covers Stocks. FxPesa adds Crypto.
On spreads, FxPesa is more competitive with EUR/USD spreads from 0.6 pips, compared to 0.7 pips at CMC Markets.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. FxPesa offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
CMC Markets requires no minimum deposit, while FxPesa sets a minimum deposit of $5. This makes CMC Markets accessible to traders with any budget.
BrokerRank scores CMC Markets at 4.04/5 and FxPesa at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. CMC Markets leads overall with a clear advantage.
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs FxPesa's 3.3/5. 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 FxPesa starts at 0.6 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. FxPesa requires $5.
CMC Markets is regulated by FCA, ASIC, MAS, while FxPesa holds licences from CMA.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. FxPesa supports MT5, 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.