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Side-by-Side Comparison Independent Updated Oct 2, 2026

CMC Markets vs Webull 2026: Which Broker is Better?

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

Higher ratedCMC Markets logo

CMC Markets

4.0/ 5
Visit CMC Markets →Full review
VS
CMC MarketsWebull
BrokerRank Score4.0/5 ✓3.6/5
Min. Deposit$0$0
Spread from0.7 pips0 pips ✓
Max Leverage1:500 ✓1:4
RegulationFCA, ASIC, MAS ✓SEC, FCA
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
CMC MarketsWebull
Best for Low Fees
WebullCMC Markets
Best for Regulation
CMC MarketsWebull
Best Overall
CMC MarketsWebull
Quick Answer

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 below

CMC Markets vs Webull: Key Differences

Feature

CMC Markets

Winner

Webull

Our Rating
4.0 / 5
3.6 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
None
Regulated By
SECFCA
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Stocks, Crypto, Forex, Indices
Founded
1989
2017
Headquarters
London, UK
New York, USA
Score
2 / 3
1 / 3

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Fees Comparison

Fee

CMC Markets

Webull

Lower fees
Spread From
0.7 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Webull is the preferable choice due to its user-friendly interface, commission-free trading, and availability of paper trading for practice. CMC Markets, with its comprehensive range of over 10,000 instruments and advanced Next Generation platform, is better suited for professional traders seeking extensive market access and high leverage up to 1:500. In terms of fees, Webull takes the lead with its zero commission and spreads starting from 0 pips, making it more cost-effective for frequent trading.

Who Should Choose Which?

CMC Markets

CMC Markets

4.0/5

Top pick

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)
Webull

Webull

3.6/5

Choose Webull if you want…

  • Tighter spreads (from 0 pips)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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4.3
FCA
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FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both CMC Markets & Webull are available in

Frequently Asked Questions

1

Is CMC Markets better than Webull?

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.

2

Which has lower fees, CMC Markets or Webull?

CMC Markets offers spreads from 0.7 pips, while Webull starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for CMC Markets vs Webull?

CMC Markets requires a minimum deposit of $0. Webull requires $0.

4

Which broker is safer, CMC Markets or Webull?

CMC Markets is regulated by FCA, ASIC, MAS, while Webull holds licences from SEC, FCA.

5

What trading platforms do CMC Markets and Webull support?

CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Webull supports Proprietary Web, Proprietary Mobile.

6

Can I use both CMC Markets and Webull?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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