Zerodha vs CMC Markets 2026: Which Broker is Better?
Compare Zerodha and CMC Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Zerodha
CMC Markets
| Zerodha | CMC Markets | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 4.0/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips ✓ | 0.7 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | SEBI | 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 3.3/5 on BrokerRank's independent rating. On fees, Zerodha offers lower spreads (0 pips).
See full side-by-side comparison belowZerodha vs CMC Markets: Key Differences
Zerodha
CMC Markets
WinnerStill deciding between Zerodha and CMC Markets?
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Fees Comparison
Zerodha
CMC Markets
BrokerRank Verdict
Zerodha scores 3.26/5 while CMC Markets scores 4.04/5 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?
Zerodha
3.3/5
Choose Zerodha if you want…
- Tighter spreads (from 0 pips)
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)
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 Zerodha & CMC Markets are available in
Frequently Asked Questions
1Is Zerodha better than CMC Markets?
CMC Markets scores higher overall on our independent rating system. Zerodha holds a 3.3/5 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, Zerodha or CMC Markets?
Zerodha 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 Zerodha vs CMC Markets?
Zerodha requires a minimum deposit of $0. CMC Markets requires $0.
4Which broker is safer, Zerodha or CMC Markets?
Zerodha is regulated by SEBI, while CMC Markets holds licences from FCA, ASIC, MAS.
5What trading platforms do Zerodha and CMC Markets support?
Zerodha supports Proprietary Web, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Zerodha 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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BrokerRank Research
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58% of Brokers Hold a Single Licence
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76% of Brokers Use Proprietary Platforms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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