Forex.com vs CMC Markets 2026: Which Broker is Better?
Choosing between Forex.com and CMC Markets depends on your trading style, preferred markets, and budget. Forex.com is headquartered in Bedminster, USA, while CMC Markets operates from London, UK. CMC Markets has the longer track record, established in 1989, compared to Forex.com which was founded in 1999. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Forex.com
CMC Markets
| Forex.com | CMC Markets | |
|---|---|---|
| BrokerRank Score | 4.4/5 ✓ | 4.0/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.8 pips | 0.7 pips ✓ |
| Max Leverage | 1:200 | 1:500 ✓ |
| Regulation | FCA, CFTC, ASIC ✓ | FCA, ASIC, MAS |
| Platforms | MT4, MT5, Proprietary Web | Proprietary Web, Proprietary Mobile, MT4 |
Forex.com is the better choice overall, scoring 4.4/5 vs 4.0/5 on BrokerRank's independent rating. On fees, CMC Markets offers lower spreads (0.7 pips).
See full side-by-side comparison belowForex.com vs CMC Markets: Key Differences
Forex.com
CMC Markets
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Fees Comparison
Forex.com
CMC Markets
Lower feesRegulation & Trust
Forex.com holds licences from FCA, CFTC, ASIC. CMC Markets is regulated by FCA, ASIC, MAS.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, CMC Markets is more competitive with EUR/USD spreads from 0.7 pips, compared to 0.8 pips at Forex.com.
Trading Platforms
Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile. CMC Markets offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Web, Proprietary Mobile.
Minimum Deposit
Forex.com requires a minimum deposit of $100, while CMC Markets sets no minimum deposit. This makes CMC Markets accessible to traders with any budget.
Overall Ratings
BrokerRank scores Forex.com at 4.40/5 and CMC Markets at 4.04/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Forex.com leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
Forex.com
4.4/5
Choose Forex.com if you want…
- Higher overall rating (4.4/5)
- More regulatory licences (4)
- More platforms (4 supported)
CMC Markets
4.0/5
Choose CMC Markets if you want…
- Tighter spreads (from 0.7 pips)
- No minimum deposit
- Higher leverage (up to 1:500)
- More established (est. 1989)
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 Forex.com & CMC Markets are available in
Frequently Asked Questions
1Is Forex.com better than CMC Markets?
Forex.com scores higher overall on our independent rating system. Forex.com holds a 4.4/5 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, Forex.com or CMC Markets?
Forex.com offers spreads from 0.8 pips, while CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Forex.com vs CMC Markets?
Forex.com requires a minimum deposit of $100. CMC Markets requires $0.
4Which broker is safer, Forex.com or CMC Markets?
Forex.com is regulated by FCA, CFTC, ASIC, MAS, while CMC Markets holds licences from FCA, ASIC, MAS.
5What trading platforms do Forex.com and CMC Markets support?
Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Forex.com and CMC Markets?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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