CMC Markets vs CMTrading

vs
CMC Markets vs CMTrading Comparison Table 2025
CMC Markets CMTrading
4.7
3.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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
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
  • The web platform delivers a fantastic user experience with advanced charting tools for day trading and customizable features, catering to both beginners and experienced traders. MT4 (but not MT5) is also supported.
  • CMC offers excellent pricing, including tight spreads and low trading fees for all but stock CFDs. The Alpha and Price+ schemes also offer perks for active traders with up to 40% discounts on spreads.
  • CMC Markets is heavily regulated by reputable financial authorities and maintains its stellar reputation, helping to ensure a secure and trustworthy trading environment.
  • The brokerage continues to stand out with its wide range of value-add resources, including pattern recognition scanners, webinars, tutorials, news feeds, and research from respected sources like Morningstar.
  • CMC Markets offers a rich investment offering with over 12,000 CFDs and more recently options trading, providing opportunities to trade market volatility and hedge existing positions.
  • CMTrading operates under the oversight of the FSCA in South Africa, providing degree of operational security and accountability, ensuring the platform follows industry standards.
  • Multiple account options, including Basic, Trader, Gold, and Premium, cater to short-term traders with different needs and budgets. These accounts provide tighter spreads, trading signals, and discounts for higher-tier users.
  • The CMTrading Academy has come a long way, offering a wealth of materials for traders at all levels. Video courses, webinars, and market analysis updates can help users deepen their knowledge.
Cons
  • Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG.
  • While CMC offers an above-average suite of assets, there is no support for trading real stocks and UK clients can’t trade cryptocurrencies.
  • Trading stock CFDs incurs a relatively high commission, especially compared to the cheapest brokers like IC Markets.
  • An inactivity fee of $10 per month is applied after 12 months of inactivity, which may deter casual investors.
  • The CMC Markets app offers the complete trading package but the design and user experience trails category leaders like eToro.
  • While CMTrading offers a variety of assets, the overall selection is still significantly narrower than that of category leading brokers like BlackBull. The focus is primarily on forex, commodities, a few indices, and crypto.
  • Spreads are higher than those offered by some competing brokers like IC Markets based on evaluations. This could increase trading costs, particularly for high-volume day traders.
  • CMTrading's customer support is unavailable around the clock, which proved inconvenient during testing for traders in different time zones or those who encounter issues during non-business hours.
Awards
  • Best Trading App 2023 - DayTrading.com
  • No.1 Platform Technology 2022
  • No.1 New Tool 2022
  • No.1 Most Currency Pairs 2022
  • Best Trade Execution 2021
  • Best Forex Broker For Beginners 2021
  • Most Transparent Forex Broker Europe 2020
  • Best Trading Platform 2020
  • Best Trading App 2019
  • Best Customer Service 2018
  • Best Performing Financial Broker Africa 2024 – Global Business Review Magazine
  • Most Trusted Forex Broker Africa 2024 – Brand Review Magazine
  • Most Innovative Trading App Africa 2024 – Brand Review Magazine
  • Best Financial Broker Africa 2024 – Global Business & Finance Magazine Awards
  • Best Performing Broker South Africa 2023 – Global Business & Finance Magazine
  • Best Growing Broker Kenya 2023 – Global Business Review Magazine
  • Best Performing Financial Broker Africa 2023 – Global Business Review Magazine
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
  • Web
  • MT4
  • Webtrader
  • MT4
  • TradingCentral
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
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
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SEK
  • NOK
  • SGD
  • PLN
  • USD
  • EUR
  • ZAR
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
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
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
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • TRON
  • NEO
  • ADA
  • XLM
  • LINK
  • XLM
  • XMR
  • XDG
  • SOL
  • BTC
  • ETH
  • LTC
  • XRP
  • BCH
  • ADA
  • DOT
  • UNI
  • SHIBU
  • THT
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.