Side-by-Side Comparison Independent Updated Apr 22, 2026

XM vs CMC Markets 2026: Which Broker is Better?

Name: XM vs CMC Markets Broker Comparison Data
Creator: BrokerRank
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Higher Rated

CMC Markets

Open Account

Capital at risk · T&Cs apply

Compare XM and CMC Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

CMC Markets

XM

3.9/ 5

Visit XM →Full review

Higher rated CMC Markets logo

CMC Markets

4.0/ 5

Visit CMC Markets →Full review

Quick Answer

CMC Markets is the better choice overall, scoring 4.0/5 vs 3.9/5 on BrokerRank's independent rating. On fees, XM offers lower spreads (0.6 pips).

See full side-by-side comparison below

Overall Rating

CMC Markets

3.9 vs 4.0

Lowest Fees

0.6 vs 0.7 pips

Regulation

Tied

3 vs 3 licences

Min. Deposit

CMC Markets

$5 vs $0

XM vs CMC Markets: Key Differences

Feature

CMC Markets

Winner

Our Rating

3.9 / 5

4.0 / 5

Min. Deposit

Max Leverage

1:1000

1:500

Spread From

0.6 pips

0.7 pips

Commission

None

Regulated By

CySEC ASIC FCA

FCA

Platforms

MT4, MT5, Proprietary Mobile

Proprietary Web, Proprietary Mobile, MT4

Markets

Forex, Cfd, Stocks, Indices, Commodities

Cfd, Forex, Stocks, Indices, Commodities, Crypto

Founded

2009

1989

Headquarters

Limassol, Cyprus

London, UK

Score

1 / 4

3 / 4

Fees Comparison

Fee

Lower fees

CMC Markets

Spread From

0.6 pips

0.7 pips

Commission

None

Deposit Fee

None

Withdrawal Fee

None

BrokerRank Verdict

XM scores 3.92/5 while CMC Markets scores 4.04/5 in our independent rating.

CMC Markets edges ahead overall, but XM may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Frequently Asked Questions

Is XM better than CMC Markets?

CMC Markets scores higher overall on our independent rating system. XM holds a 3.9/5 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.

Which has lower fees, XM or CMC Markets?

XM offers spreads from 0.6 pips, while CMC Markets starts at 0.7 pips. Check the fees section above for a full breakdown.

What is the minimum deposit for XM vs CMC Markets?

XM requires a minimum deposit of $5. CMC Markets requires $0.

Which broker is safer, XM or CMC Markets?

XM is regulated by CySEC, ASIC, FCA, while CMC Markets holds licences from FCA, ASIC, MAS.

What trading platforms do XM and CMC Markets support?

XM supports MT4, MT5, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.

Can I use both XM and CMC Markets?

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

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

XM vs CMC Markets 2026: Which Broker is Better?

XM

CMC Markets

XM vs CMC Markets: Key Differences

Fees Comparison

BrokerRank Verdict

Both XM & CMC Markets are available in

Frequently Asked Questions

Is XM better than CMC Markets?

Which has lower fees, XM or CMC Markets?

What is the minimum deposit for XM vs CMC Markets?

Which broker is safer, XM or CMC Markets?

What trading platforms do XM and CMC Markets support?

Can I use both XM and CMC Markets?

Key Trading Terms

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