Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In the world of online trading, CMC Markets and Webull cater to distinct types of traders with their specialised offerings. CMC Markets, established in 1989 and based in London, is ideal for traders seeking a comprehensive range of over 10,000 instruments across CFDs, forex, and more, supported by its award-winning Next Generation platform. In contrast, Webull, a newer entrant from 2017 with headquarters in New York, appeals to cost-conscious traders interested in commission-free trading of stocks and crypto, with advanced charting tools and the option for paper trading. While CMC Markets offers a broader market reach and higher leverage, Webull stands out for its zero-commission structure and extended hours trading, albeit with more limited market access.
CMC Markets
Webull
| CMC Markets | Webull | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | FCA, ASIC, MAS ✓ | SEC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Webull offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets
WinnerWebull
CMC Markets
Webull
Lower feesCMC Markets
4.0/5
Choose CMC Markets if you want…
Webull
3.6/5
Choose Webull if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs Webull'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 Webull starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. Webull requires $0.
CMC Markets is regulated by FCA, ASIC, MAS, while Webull holds licences from SEC, FCA.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Webull 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.
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.