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Rankings updated October 2026

CMC Markets vs CMTrading

Your capital is at risk. Trade only with funds you can afford to lose.

Higher rated

CMC Markets

4.7/5

Eswatini flag Doesn't accept traders from Eswatini. See available CFD brokers

Not available in your countryRead CMC Markets review

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.

Rating breakdown

  • Regulation & trust4.82.0 higher than CMTrading (2.8)
  • Assets & markets4.72.2 higher than CMTrading (2.5)
  • Fees & costs4.31.3 higher than CMTrading (3.0)
  • Platforms & tools4.31.3 higher than CMTrading (3.0)
  • Accounts & banking4.51.0 higher than CMTrading (3.5)
  • Education4.30.3 higher than CMTrading (4.0)
  • Research4.50.7 higher than CMTrading (3.8)
  • Customer support4.51.2 higher than CMTrading (3.3)

CMTrading’s score. Numbers show the difference.

CMTrading

3.5/5

Eswatini flag Doesn't accept traders from Eswatini. See available CFD brokers

Not available in your countryRead CMTrading review

Rating breakdown

  • Regulation & trust2.82.0 lower than CMC Markets (4.8)
  • Assets & markets2.52.2 lower than CMC Markets (4.7)
  • Fees & costs3.01.3 lower than CMC Markets (4.3)
  • Platforms & tools3.01.3 lower than CMC Markets (4.3)
  • Accounts & banking3.51.0 lower than CMC Markets (4.5)
  • Education4.00.3 lower than CMC Markets (4.3)
  • Research3.80.7 lower than CMC Markets (4.5)
  • Customer support3.31.2 lower than CMC Markets (4.5)

CMC Markets’s score. Numbers show the difference.

CMC Markets vs CMTrading comparison table 2026
CMC MarketsCMTrading
OverviewEstablished 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 MT5 platform alongside the broker’s own Webtrader, it provides a compelling trading environment for short-term traders.
Customer Reviews
4.5
Based on 4 customer reviews
5
Based on 1 customer reviews
Trustpilot Score
4.3
–
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
  • CMC Funded available from October 2026, providing up to a $100k prop trading-style simulated account to traders looking to prove their skills on CMC's trading infrastructure with wide market access, including prediction markets.
  • The CMC 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, MT5 and TradingView (added in 2025) are 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 has added an AI News feature, using AI to surface and summarise market stories rather than place trades for you, hinting at where broker research tools are heading.
  • We've bumped up its 'Assets & Markets' rating after almost monthly product additions in 2025 and 2026, from extended hours trading on 5,000+ US stocks and ETFs to new share CFDs and certificates and warrants, plus fractional shares in some regions.
  • 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, one-click copy trading, and discounts for higher-tier users.
  • CMTrading added Protected Stage to help newer traders manage fear when upgrading to live trading, with reimbursements for initial losing trades.
  • 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.
  • CMTrading have added an incredibly intuitive AI chart feature which we’ve not seen elsewhere and offers signals in three simple steps: find an asset, take a screenshot of the chart, then upload it to the scanner for technical analysis and signals in seconds.
  • CMTrading operates under the oversight of the FSCA in South Africa, providing degree of operational security and accountability, ensuring the platform follows industry standards.
Cons
  • Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG.
  • An inactivity fee of $15 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.
  • 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.
  • 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.
  • 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
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting, Certificates and Warrants (Germany and Austria)CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo AccountYesYes
Minimum Deposit$0$100
Trading Platforms
  • Web
  • MT4
  • MT5
  • TradingView
  • Webtrader
  • MT5
  • TradingCentral
Payment Methods
Minimum Trade0.01 Lots0.01 Lots
RegulatorFCA, ASIC, MAS, CIRO, BaFin, FMA, DFSAFSCA, FSA
Margin TradingYesYes
Margin Rate3.0%–
STP AccountNoNo
ECN AccountNoYes
DMA AccountNoNo
MAM AccountNoNo
PAMM AccountNoNo
LAMM AccountNoNo
Demat AccountNoNo
AI / Machine LearningNoYes
Robo AdvisorNoNo
Negative Balance ProtectionYesYes
Market MakerYesYes
P2P TradingNoNo
Spot TradingYesNo
Mobile AppsiOS & AndroidiOS & Android
App ReviewThe 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
2.5
iOS App Rating
4.1
0.5
Auto TradingExpert Advisors (EAs) on MetaTraderExpert Advisors (EAs) on MetaTrader
Copy TradingNoNo
Social TradingYesNo
Trade SignalsYesYes
VPS HostingYesNo
TournamentsNoNo
Demo CompetitionsYesNo
Ethical InvestingNoNo
Custodial AccountNoNo
Guaranteed Stop LossYesNo
Inactivity Fee$15$15
Islamic AccountYesYes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SEK
  • NOK
  • SGD
  • PLN
  • USD
  • EUR
  • ZAR
Stock Exchanges
Commodities
CFD Trading
OverviewCMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries with new equities spanning quantum computing, AI learning, and digital car sales in 2025. Spreads are 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 MT5 or the user-friendly, Webtrader, which also delivers real-time trading tips and market forecasts.
Leverage1:30 (Retail), 1:500 (Pro)1:200
FTSE Spread1 pt1.0
GBPUSD Spread0.90.1
Oil Spread3.50.01
Stocks Spread0.020.1
Forex Trading
OverviewCMC 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 Spread0.90.1
EURUSD Spread0.70.1
EURGBP Spread1.10.1
Assets300+50+
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
–
Cryptocurrency
OverviewCMC 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.
SpreadFrom 1.31.0
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 LendingNoNo
Crypto MiningNoNo
Crypto StakingNoNo
Auto Market MakerNoNo
Not available in your countryRead CMC Markets review

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.

Not available in your countryRead CMTrading review