CMC Markets vs CMTrading
CMC Markets | CMTrading |
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4.7
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3.5
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Traders from US not accepted
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Traders from US not accepted
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Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage. |
Established in 2012, CMTrading has emerged into a popular broker with active traders, particularly in South Africa. Sporting four account options (Basic, Trader, Gold, Premium) and the popular MT4 platform alongside the broker’s own Webtrader, it provides a compelling trading environment for short-term traders. |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. | |
Customer Reviews | |
4.5
Based on 2 CMC Markets customer reviews
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Comment by Reviewer | |
"With advanced charting tools and an extensive range of tradable CFDs, including an almost unrivalled selection of currencies and custom indices, CMC Markets provides a fantastic online platform for traders of all levels. " | "CMTrading is well suited to traders in South Africa looking for highly leveraged trading opportunities on global financial markets through a user-friendly, web-accessible platform, with signals from reputable providers to help inform short-term trading decisions." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $299 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA | FSCA, FSA |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1% | |
STP Account | |
No | No |
ECN Account | |
No | Yes |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for day traders. |
The CMTrading app, while not as widely downloaded as major trading apps, offers a streamlined solution for trading on the go. Compatible with iOS and Android devices, it supports short-term trading on 165+ global markets. However, limited app store ratings mean it’s not as widely regarded as some competitors. |
Android App Rating | |
3.7 |
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iOS App Rating | |
4.1 |
0.5 |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
No | No |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
Yes | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
Yes | No |
Inactivity Fee | |
$10 | $15 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries. Spreads are relatively tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market. | CMTrading offers a narrow selection of 165+ CFDs spanning forex, shares, indices, energies, metals and cryptocurrencies with variable leverage up to 1:200 and floating spreads. Day traders can use the popular MT4 or the user-friendly, Webtrader, which also delivers real-time trading tips and market forecasts. |
Leverage | |
1:30 (Retail), 1:500 (Pro) | 1:200 |
FTSE Spread | |
1 pt | 1.0 |
GBPUSD Spread | |
0.9 | 0.1 |
Oil Spread | |
3.5 | 0.01 |
Stocks Spread | |
0.02 | 0.1 |
Forex Trading | |
CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP. | Trade 50 forex pairs with floating spreads starting from 2+ pips on the regular account through to a minimum of 0.9 pips on premium ECN accounts. Traders benefit from in-depth forex education resources on CMTrader's academy and from daily signals. |
GBPUSD Spread | |
0.9 | 0.1 |
EURUSD Spread | |
0.7 | 0.1 |
EURGBP Spread | |
1.1 | 0.1 |
Assets | |
300+ | 50+ |
Currency Indices | |
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Cryptocurrency | |
CMC Markets offers trading on popular digital tokens like Bitcoin but really stands out for its crypto indices that provide broader exposure to the cryptocurrency market. There is also minimal slippage and an excellent 99.9% fill rate, making CMC a great option for active crypto day traders. | Trade 15+ popular cryptos, including BTC, ETH and XRP, through CFDs paired with the USD and via floating spreads. You won’t own the underlying digital token. |
Spread | |
From 1.3 | 1.0 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. |