Your capital is at risk. Trade only with funds you can afford to lose.
CMC Markets
Doesn't accept traders from Haiti. 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 & trust4.81.8 higher than IC Trading (3.0)
- Assets & markets4.71.3 higher than IC Trading (3.4)
- Fees & costs4.30.2 higher than IC Trading (4.1)
- Platforms & tools4.3same as IC Trading (4.3)
- Accounts & banking4.51.0 higher than IC Trading (3.5)
- Education4.30.6 higher than IC Trading (3.7)
- Research4.51.5 higher than IC Trading (3.0)
- Customer support4.51.7 higher than IC Trading (2.8)
IC Trading’s score. Numbers show the difference.
IC Trading
Doesn't accept traders from Haiti. See available CFD brokers
Not available in your countryRead IC Trading review
Rating breakdown
- Regulation & trust3.01.8 lower than CMC Markets (4.8)
- Assets & markets3.41.3 lower than CMC Markets (4.7)
- Fees & costs4.10.2 lower than CMC Markets (4.3)
- Platforms & tools4.3same as CMC Markets (4.3)
- Accounts & banking3.51.0 lower than CMC Markets (4.5)
- Education3.70.6 lower than CMC Markets (4.3)
- Research3.01.5 lower than CMC Markets (4.5)
- Customer support2.81.7 lower than CMC Markets (4.5)
CMC Markets’s score. Numbers show the difference.
| CMC Markets | IC Trading | |
|---|---|---|
| Overview | 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. | IC Trading is part of the established IC group (including what used to be 'IC Markets'). Built for serious traders, it boasts some of the most competitive spreads, reliable order execution, and advanced trading tools. The catch is that it’s registered in the offshore financial centre of Mauritius, enabling it to offer high leverage but in a weakly regulated trading setting. |
| Customer Reviews | Based on 4 customer reviews | Based on 3 customer reviews |
| Trustpilot Score | ||
| 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. ” | “With superior execution speeds averaging 40 milliseconds, deep liquidity, and powerful charting software, IC Trading delivers an optimal trading environment tailored for scalpers, day traders, and algorithmic traders. ” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting, Certificates and Warrants (Germany and Austria) | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $200 |
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| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA | FSC |
| Margin Trading | Yes | Yes |
| Margin Rate | 3.0% | – |
| 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 | No |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| 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. | IC Trading provides a range of powerful apps that let you trade from a variety of devices. There’s no proprietary app - which may be a red flag for beginner traders - but MetaTrader 4/5 and cTrader apps are available for mobile devices. These industry-proven apps let you access advanced charting tools, execute day trades swiftly, and conduct in-depth market analysis on the move. |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | IC Trading added copy trading capabilities via ZuluTrade, allowing users to connect their MT4 and MT5 accounts for opportunities to replicate the strategies and positions of experienced, active traders with easy-to-configure risk controls and detailed performance metrics. cTrader copy trading is also supported, providing an reliable alternative route. |
| Social Trading | Yes | Yes |
| Trade Signals | Yes | – |
| VPS Hosting | Yes | Yes |
| Tournaments | No | No |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | Yes | No |
| Inactivity Fee | $15 | – |
| Islamic Account | Yes | Yes |
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| Stock Exchanges | ||
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| CFD Trading | ||
| Overview | CMC 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. | IC Trading specializes in CFD trading with over 2,250 tradable assets spanning sought-after markets including forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and cutting-edge bridge technology, the broker provides excellent trading conditions for short-term traders looking for leveraged derivatives. |
| Leverage | 1:30 (Retail), 1:500 (Pro) | 1:500 |
| FTSE Spread | 1 pt | 2.133 |
| GBPUSD Spread | 0.9 | 0.23 |
| Oil Spread | 3.5 | 0.028 |
| Stocks Spread | 0.02 | Variable |
| Forex Trading | ||
| Overview | 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. | IC Trading delivers remarkably narrow forex spreads across 60+ currency pairs, particularly on key forex assets like EUR/USD. This renders it an outstanding choice for forex day traders in pursuit of superior pricing with top-tier execution speeds. High-volume traders also stand to gain significant advantages, with rebates reaching up to $2.50 per forex lot. |
| GBPUSD Spread | 0.9 | 0.2 |
| EURUSD Spread | 0.7 | 0.1 |
| EURGBP Spread | 1.1 | 0.3 |
| Assets | 300+ | 60+ |
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| Cryptocurrency | ||
| Overview | 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. | You can trade over 20 of the most popular cryptos with leverage up to 1:200 seven days a week, although direct trading of the underlying asset like purchasing Bitcoin or Ethereum is not facilitated. The selection of tokens also trails Eightcap, which picked up our 'Best Crypto Broker' award, offering 100+ crypto derivatives. |
| Spread | From 1.3 | Floating |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
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 IC Trading review