CMC Markets vs Spreadex 2026: Which Broker is Better?
In this broker comparison, we examine CMC Markets and Spreadex, two prominent UK-based trading platforms with distinct offerings. CMC Markets, with its award-winning Next Generation platform, appeals to traders seeking a wide range of over 10,000 instruments and higher leverage of up to 1:500, making it ideal for those looking for extensive market exposure and advanced trading features. Conversely, Spreadex attracts traders interested in UK tax-free spread betting and those who prefer a more straightforward platform, albeit with fewer instruments and a focus on the UK market. The key difference lies in their market reach and leverage capabilities, catering to different trading preferences and strategies.
CMC Markets
Spreadex
| CMC Markets | Spreadex | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.7 pips | 0.6 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | FCA, ASIC, MAS ✓ | FCA |
| 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, Spreadex offers lower spreads (0.6 pips).
See full side-by-side comparison belowCMC Markets vs Spreadex: Key Differences
CMC Markets
WinnerSpreadex
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Fees Comparison
CMC Markets
Spreadex
Lower feesBrokerRank Verdict
Who Should Choose Which?
CMC Markets
4.0/5
Choose CMC Markets if you want…
- Higher overall rating (4.0/5)
- Higher leverage (up to 1:500)
- More regulatory licences (3)
- More market types (6)
Spreadex
3.4/5
Choose Spreadex if you want…
- Tighter spreads (from 0.6 pips)
Also consider
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Both CMC Markets & Spreadex are available in
Frequently Asked Questions
1Is CMC Markets better than Spreadex?
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs Spreadex's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, CMC Markets or Spreadex?
CMC Markets offers spreads from 0.7 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for CMC Markets vs Spreadex?
CMC Markets requires a minimum deposit of $0. Spreadex requires $0.
4Which broker is safer, CMC Markets or Spreadex?
CMC Markets is regulated by FCA, ASIC, MAS, while Spreadex holds licences from FCA.
5What trading platforms do CMC Markets and Spreadex support?
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both CMC Markets and Spreadex?
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.
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