Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In the competitive realm of online trading, CMC Markets and FXTM cater to distinct trader profiles with their unique offerings. CMC Markets, established in 1989 and headquartered in London, appeals to traders seeking a wide array of over 10,000 instruments and a robust, award-winning proprietary platform, with the added security of strong regulatory oversight. Conversely, FXTM, founded in 2011 in Cyprus, attracts cost-sensitive traders with its low minimum deposit of just $10 and the flexibility of MT4 and MT5 platforms, but it offers higher leverage that might prove risky for novice traders. The key difference lies in CMC Markets’ extensive instrument range and proprietary technology versus FXTM’s affordability and platform variety, making each broker suitable for different trading strategies and experience levels.
CMC Markets
FXTM
| CMC Markets | FXTM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $0 ✓ | $10 |
| Spread from | 0.7 pips | 0.1 pips ✓ |
| Max Leverage | 1:500 | 1:2000 ✓ |
| Regulation | FCA, ASIC, MAS | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowCMC Markets
WinnerFXTM
CMC Markets
FXTM
CMC Markets
4.0/5
Choose CMC Markets if you want…
FXTM
3.6/5
Choose FXTM if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs FXTM's 3.6/5. 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 FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. FXTM requires $10.
CMC Markets is regulated by FCA, ASIC, MAS, while FXTM holds licences from FCA, CySEC, FSCA.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. FXTM supports MT4, MT5.
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.