Firstrade vs CMC Markets 2026: Which Broker is Better?
Compare Firstrade and CMC Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Firstrade
CMC Markets
| Firstrade | CMC Markets | |
|---|---|---|
| BrokerRank Score | 3.4/5 | 4.0/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.7 pips |
| Max Leverage | 1:2 | 1:500 ✓ |
| Regulation | SEC, CFTC | FCA, ASIC, MAS ✓ |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, MT4 |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.4/5 on BrokerRank's independent rating. On fees, Firstrade offers lower spreads (0 pips).
See full side-by-side comparison belowFirstrade vs CMC Markets: Key Differences
Firstrade
CMC Markets
WinnerStill deciding between Firstrade and CMC Markets?
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Fees Comparison
Firstrade
Lower feesCMC Markets
BrokerRank Verdict
Firstrade scores 3.41/5 while CMC Markets scores 4.04/5 in our independent rating.
CMC Markets edges ahead overall, but Firstrade 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?
Firstrade
3.4/5
Choose Firstrade if you want…
- Tighter spreads (from 0 pips)
- More established (est. 1985)
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)
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 Firstrade & CMC Markets are available in
Frequently Asked Questions
1Is Firstrade better than CMC Markets?
CMC Markets scores higher overall on our independent rating system. Firstrade holds a 3.4/5 rating vs CMC Markets's 4.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Firstrade or CMC Markets?
Firstrade offers spreads from 0 pips, while CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Firstrade vs CMC Markets?
Firstrade requires a minimum deposit of $0. CMC Markets requires $0.
4Which broker is safer, Firstrade or CMC Markets?
Firstrade is regulated by SEC, CFTC, while CMC Markets holds licences from FCA, ASIC, MAS.
5What trading platforms do Firstrade and CMC Markets support?
Firstrade supports Proprietary Web, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Firstrade and CMC Markets?
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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BrokerRank Research
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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.
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