Side-by-Side Comparison Independent Updated Jun 16, 2026
CMC Markets vs Zerodha 2026: Which Broker is Better?
Compare CMC Markets and Zerodha side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
CMC Markets
Zerodha
VS
| CMC Markets | Zerodha | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.1/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:5 |
| Regulation | FCA, ASIC, MAS ✓ | SEBI |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
CMC MarketsZerodha
Best for Low Fees
ZerodhaCMC Markets
Best for Regulation
CMC MarketsZerodha
Best Overall
CMC MarketsZerodha
Quick Answer
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Zerodha offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets vs Zerodha: Key Differences
Feature
CMC Markets
WinnerZerodha
Our Rating
4.0 / 5
3.1 / 5
Min. Deposit
$0
$0
Spread From
0.7 pips
0 pips
Commission
None
$0.03/lot
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Stocks, Indices, Commodities
Founded
1989
2010
Headquarters
London, UK
Bangalore, India
Score
3 / 4
1 / 4
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Find my matchFees Comparison
Fee
CMC Markets
Zerodha
Spread From
0.7 pips
0 pips
Commission
None
$0.03/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
CMC Markets scores 4.04/5 while Zerodha scores 3.14/5 in our independent rating.
CMC Markets edges ahead overall, but Zerodha may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
CMC Markets
4.0/5
Choose CMC Markets if you want…
- Higher overall rating (4.0/5)
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (3)
Zerodha
3.1/5
Choose Zerodha if you want…
- Tighter spreads (from 0 pips)
Also consider
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.
Both CMC Markets & Zerodha are available in
Frequently Asked Questions
1Is CMC Markets better than Zerodha?
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs Zerodha's 3.1/5. 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 Zerodha?
CMC Markets offers spreads from 0.7 pips, while Zerodha starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for CMC Markets vs Zerodha?
CMC Markets requires a minimum deposit of $0. Zerodha requires $0.
4Which broker is safer, CMC Markets or Zerodha?
CMC Markets is regulated by FCA, ASIC, MAS, while Zerodha holds licences from SEBI.
5What trading platforms do CMC Markets and Zerodha support?
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. Zerodha supports Proprietary Web, Proprietary Mobile.
6Can I use both CMC Markets and Zerodha?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
CMC Markets
Capital at risk · T&Cs apply