CMC Markets vs IG Group 2026: Which Broker is Better?

Regulation & Safety

CMC Markets and IG Group are both renowned for their robust regulatory frameworks, ensuring trader safety and trust. CMC Markets is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). These are considered some of the most stringent regulatory bodies, providing high levels of protection for client funds, including segregated accounts.

IG Group, boasting a longer market presence since 1974, is not only regulated by the FCA, ASIC, and MAS but also by the United States Securities and Exchange Commission (SEC). This enhances its credibility, particularly for clients in the United States. IG Group also implements robust client fund protection mechanisms, including the use of segregated accounts, which is a common practice among top-tier brokers.

Fees & Spreads

When it comes to fees and spreads, CMC Markets offers a competitive edge with spreads starting from 0.7 pips and no commissions. This can be particularly appealing for traders looking to minimise their trading costs. The broker does not require a minimum deposit, which is advantageous for newcomers or those with limited capital. However, traders should be aware of the inactivity fee charged after 12 months of no trading activity.

IG Group provides slightly lower spreads starting from 0.6 pips, which can be attractive for high-frequency traders. Although there is no commission for standard accounts, traders must consider the more complex fee structure IG offers, which may include various overnight fees. The minimum deposit of $250 could be a barrier for some, but is reasonable given their extensive range of over 17,000 markets. An inactivity fee applies after 2 years of no trading activity.

Trading Platforms

Both brokers offer a range of trading platforms, including their proprietary web and mobile platforms, as well as MetaTrader 4 (MT4). CMC Markets is particularly noted for its award-winning Next Generation platform, which is user-friendly and offers advanced charting tools. IG Group, on the other hand, provides access to ProRealTime charts, which are highly regarded for technical analysis. Both platforms cater to different types of traders, whether they prioritise usability or advanced features.

Who Should Choose CMC Markets?

• Traders seeking access to a wide range of over 10,000 instruments.
• Those who prefer a broker with no minimum deposit requirement.
• Investors prioritising high leverage options up to 1:500.
• Clients looking for a user-friendly proprietary platform with advanced features.

Who Should Choose IG Group?

• Traders who want access to over 17,000 markets, including US-regulated assets.
• Professional traders requiring detailed market research and news.
• Investors seeking lower spreads starting from 0.6 pips.
• Clients valuing a broker with over 50 years of industry experience.

Our Verdict

For beginners, CMC Markets is the better choice due to its zero minimum deposit and user-friendly platform. Professional traders may prefer IG Group for its extensive market range and research tools. On fees, CMC Markets offers the more straightforward and cost-effective structure.