CMC Markets vs FOREX.com: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 1989
  • Broker Type: MM
  • Platforms: MetaTrader 4 (MT4), CMC Markets
  • Spread: Low
  • Maximum Leverage: 1:30
  • Minimum Deposit: $1
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  • Year Founded: 2001
  • Broker Type: MM, DMA
  • Platforms: FOREX.com, Ninja Trader, MetaTrader 4 (MT4), TradingView
  • Spread: Average
  • Maximum Leverage: 1:50
  • Minimum Deposit: $100
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Our pick:

CMC Markets

Based on multiple factors—spreads and fees, available assets and instruments, platforms and execution speed, quality of support and educational resources. This is not financial advice.

Comparison of CMC Markets and FOREX.com

FeatureCMC MarketsFOREX.com
Broker
Year Founded19892001
Broker TypeMMMM, DMA
DealingB-bookB-book, A-book
ExecutionMarketMarket
RegulationFCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSACIMA, FCA, CIRO, CySEC, SFC, JFSA, ASIC, MAS, CFTC, NFA
PlatformsMetaTrader 4 (MT4), CMC MarketsFOREX.com, Ninja Trader, MetaTrader 4 (MT4), TradingView
Spread Low Average
Maximum Leverage1:301:50
Minimum Deposit$1$100
Base CurrenciesUSD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGDUSD, EUR, GBP
Funding MethodsBank Wire, Credit Card, Debit Card, PayPalBank Wire, Credit Card, Debit Card, Skrill, Neteller
Inactivity Fee$15 per month after 12 months$15 per month after 12 months
Interest on Margin
Withdrawal Fee
Investor ProtectionUK Financial Services Compensation Scheme (FSCS)UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF), Financialcommission.org
Protection Size£85 000£85 000 / €20 000
Segregated Accounts
Negative Balance Protection
Guaranteed Stop Loss
Copy Trading
VPS
MAM/PAMM
Scalping Allowed
EAs/Robots
Depth of Market (DOM)
Tradable Assets (CFDs)Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies
ReviewCMC Markets ReviewFOREX.com Review

About CMC Markets

CMC Markets is a well-established forex and CFD broker founded in 1989, renowned for its robust trading platforms, competitive spreads, and extensive range of tradable assets. With a global presence and regulation in top-tier jurisdictions, the broker caters to both beginners and experienced traders. CMC Markets offers access to forex, indices, commodities, cryptocurrencies, and shares, supported by advanced tools and educational resources to enhance trading experiences.

Pros

  • Regulated by top-tier authorities, including the FCA and ASIC
  • Comprehensive range of tradable instruments across multiple asset classes
  • Intuitive and feature-rich proprietary trading platform, Next Generation
  • Competitive pricing with tight spreads and no commission on most trades
  • Exceptional educational resources and market research tools

Cons

  • Does not offer services to U.S. clients due to regulatory restrictions
  • Trading fees can be higher for less active traders
  • Limited deposit and withdrawal methods compared to other brokers

About FOREX.com

FOREX.com is one of the most recognized and trusted forex brokers globally, catering to traders of all levels since its establishment in 2001. Regulated by top-tier financial authorities, including the FCA (UK), CFTC (US), and ASIC (Australia), the broker provides a secure and transparent trading environment. With a wide range of forex pairs, indices, commodities, and cryptocurrencies, FOREX.com offers extensive opportunities for diversification. The broker's advanced trading platforms, including its proprietary platform and MetaTrader 4 (MT4), are equipped with robust charting tools, technical indicators, and risk management features. One of FOREX.com's standout features is its educational content, which includes webinars, trading guides, and market analysis, making it an excellent choice for beginner traders. The broker also offers competitive spreads, fast execution, and flexible account types to suit various trading strategies. However, the absence of support for MetaTrader 5 (MT5) and the relatively high minimum deposit for some accounts might deter certain traders. Despite these minor drawbacks, FOREX.com remains a solid choice for those looking for reliability, regulation, and a wealth of trading resources.

Pros

  • Regulated by multiple top-tier authorities (FCA, CFTC, ASIC, etc.)
  • Wide range of tradable instruments, including forex, commodities, and crypto
  • Advanced proprietary trading platform and support for MetaTrader 4 (MT4)
  • Comprehensive educational resources for traders of all levels
  • Competitive spreads and fast trade execution

Cons

  • No support for MetaTrader 5 (MT5)
  • Inactivity fees for dormant accounts
  • Limited leverage options for retail traders in certain regions
  • Customer support may not be 24/7 in all locations

CMC Markets & FOREX.com Regulation

Companies
CMC Markets
CMC Markets UK plc, CMC Markets Germany GmbH, CMC Markets Canada Inc, CMC Markets Asia Pacific Pty Ltd, CMC Markets NZ Limited, CMC Markets Singapore Pte Ltd, CMC Markets Middle East Ltd
FOREX.com
GAIN Global Markets Inc, StoneX Financial Ltd, GAIN Capital - FOREX.com Canada Ltd, StoneX Europe Ltd, GAIN Capital Group LLC, StoneX Financial (HK) Limited, StoneX Securities Co, StoneX Financial PTE Ltd, StoneX Financial Pty Ltd
Countries
CMC Markets
United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates
FOREX.com
Cayman Islands, United Kingdom, Canada, Cyprus, United States, Hong Kong, Japan, Singapore, Australia
Regulators
CMC Markets
FCA, BaFin, FMA, KNF, FSAN, CNMV, CIRO, ASIC, NZ FMA, MAS, DFSA
FOREX.com
CIMA, FCA, CIRO, CySEC, SFC, JFSA, ASIC, MAS, CFTC, NFA
Investor Protection
CMC Markets
UK Financial Services Compensation Scheme (FSCS)
FOREX.com
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF), Financialcommission.org
Investor Protection Size
CMC Markets
£85 000
FOREX.com
£85 000 / €20 000
Publicly Traded
CMC Markets
FOREX.com
Segregated Accounts
CMC Markets
FOREX.com
Guaranteed Stop Loss
CMC Markets
FOREX.com
Negative Balance Protection
CMC Markets
FOREX.com

Account Types

Market Maker Account
Account Name
CMC Markets
CFD
FOREX.com
Standard
Min Deposit
CMC Markets
$1
FOREX.com
$100
Lot Size
CMC Markets
0.01
FOREX.com
0.01
Spread Type
CMC Markets
Floating
FOREX.com
Floating
Execution
CMC Markets
Market
FOREX.com
Market
Min Spread
CMC Markets
0.7
FOREX.com
0.7
Fee
CMC Markets
No
FOREX.com
No
Max Leverage
CMC Markets
1:30
FOREX.com
1:50
Stop Out
CMC Markets
50%
FOREX.com
100%
Margin Call
CMC Markets
80%
FOREX.com
120%
DMA Account
Account Name
CMC Markets
FOREX.com
DMA
Min Deposit
CMC Markets
FOREX.com
$100
Lot Size
CMC Markets
FOREX.com
0.01
Spread Type
CMC Markets
FOREX.com
Floating
Execution
CMC Markets
FOREX.com
Market
Min Spread
CMC Markets
FOREX.com
0.1
Fee
CMC Markets
FOREX.com
$12 per 1 lot
Max Leverage
CMC Markets
FOREX.com
1:50
Stop Out
CMC Markets
FOREX.com
100%
Margin Call
CMC Markets
FOREX.com
120%
Additional Features
Demo Account
CMC Markets
FOREX.com
VIP Account
CMC Markets
FOREX.com
Swap-Free Account
CMC Markets
FOREX.com
Copy Trading
CMC Markets
FOREX.com
VPS
CMC Markets
FOREX.com
PAMM/MAM Accounts
CMC Markets
FOREX.com

Funding and Fees

Base currencies
CMC Markets
USD, EUR, GBP, AUD, CAD, NOK, NZD, PLN, SEK, SGD
FOREX.com
USD, EUR, GBP
Deposit and withdrawal methods
CMC Markets
Bank Wire, Credit Card, Debit Card, PayPal
FOREX.com
Bank Wire, Credit Card, Debit Card, Skrill, Neteller
Inactivity fee
CMC Markets
$15 per month after 12 months
FOREX.com
$15 per month after 12 months
Interest on margin
CMC Markets
FOREX.com
Withdrawal fee
CMC Markets
FOREX.com

Trading Platforms and Conditions

Trading Platforms
CMC Markets
MetaTrader 4 (MT4), CMC Markets
FOREX.com
FOREX.com, Ninja Trader, MetaTrader 4 (MT4), TradingView
Execution Speed
CMC Markets
0 ms
FOREX.com
0 ms
Scalping
CMC Markets
FOREX.com
Expert Advisors (EAs)
CMC Markets
FOREX.com
Depth of Market (DOM)
CMC Markets
FOREX.com
Spread
CMC Markets
low
FOREX.com
average

Trading Assets

Currencies
CMC Markets
336
FOREX.com
91
Indices
CMC Markets
99
FOREX.com
54
Stocks
CMC Markets
10099
FOREX.com
5500
Cryptocurrencies
CMC Markets
336
FOREX.com
12
Bonds
CMC Markets
71
FOREX.com
14
Metals
CMC Markets
19
FOREX.com
16
Energies
CMC Markets
45
FOREX.com
14
Soft Commodities
CMC Markets
58
FOREX.com
22
ETFs
CMC Markets
1200
FOREX.com
318

Education and Analytics

Economic Calendar
CMC Markets
FOREX.com
Indicators
CMC Markets
FOREX.com
Robots
CMC Markets
FOREX.com
Signals
CMC Markets
FOREX.com
Autochartist
CMC Markets
FOREX.com
Expert Analytics
CMC Markets
FOREX.com
News Feed
CMC Markets
FOREX.com
Education Articles
CMC Markets
FOREX.com
Webinars
CMC Markets
FOREX.com
Seminars
CMC Markets
FOREX.com

Customer Support

Facebook
CMC Markets
FOREX.com
LinkedIn
CMC Markets
FOREX.com
YouTube
CMC Markets
FOREX.com
Twitter
CMC Markets
FOREX.com

Which Broker is Better?

After comparing CMC Markets and FOREX.com, CMC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.

More Comparisons

Andriy Bondarenko

Andriy Bondarenko

Broker Analyst

Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.