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Side-by-Side Comparison Independent Updated Oct 15, 2026

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

Higher ratedCMC Markets logo

CMC Markets

4.0/ 5
Visit CMC Markets →Full review
VS
ZerodhaCMC Markets
BrokerRank Score3.3/54.0/5 ✓
Min. Deposit$0$0
Spread from0 pips ✓0.7 pips
Max Leverage1:51:500 ✓
RegulationSEBIFCA, ASIC, MAS ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
ZerodhaCMC Markets
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 3.3/5 on BrokerRank's independent rating. On fees, Zerodha offers lower spreads (0 pips).

See full side-by-side comparison below

Zerodha vs CMC Markets: Key Differences

Feature

Zerodha

CMC Markets

Winner
Our Rating
3.3 / 5
4.0 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0.7 pips
Commission
$0.03/lot
None
Regulated By
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Indices, Commodities
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Founded
2010
1989
Headquarters
Bangalore, India
London, UK
Score
1 / 4
3 / 4

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Fees Comparison

Fee

Zerodha

CMC Markets

Spread From
0 pips
0.7 pips
Commission
$0.03/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

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

Zerodha

3.3/5

Choose Zerodha if you want…

  • Tighter spreads (from 0 pips)
CMC Markets

CMC Markets

4.0/5

Top pick

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

View all rankings

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.

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4.3
FCA
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FxPro
4.1
FCA
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#5AvaTrade logo
AvaTrade
4.0
MAS
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#6Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both Zerodha & CMC Markets are available in

Frequently Asked Questions

1

Is 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.

2

Which 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.

3

What is the minimum deposit for Zerodha vs CMC Markets?

Zerodha requires a minimum deposit of $0. CMC Markets requires $0.

4

Which broker is safer, Zerodha or CMC Markets?

Zerodha is regulated by SEBI, while CMC Markets holds licences from FCA, ASIC, MAS.

5

What trading platforms do Zerodha and CMC Markets support?

Zerodha supports Proprietary Web, Proprietary Mobile. CMC Markets supports Proprietary Web, Proprietary Mobile, MT4.

6

Can 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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