CMC Markets vs World Forex

CMC Markets vs World Forex Comparison Table 2023
CMC Markets Review 2023	World Forex Review 2023
Review 4.7	Review 4 World Forex is #6 in our binary options broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
CMC Markets is a trustworthy brand authorized by tier-one regulators including the FCA and ASIC. Advanced trading tools, excellent market research and low fees help the broker stand out from rivals. The no minimum deposit, free demo account and social trading service have also made CMC Markets popular with aspiring traders.	World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
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.
Bonus Offer
	100% Deposit Bonus
Promotions
	World Forex Cashback Club: Earn $25 Per Lot Traded
Comment by Reviewer
"CMC Markets is a great option for active traders with thousands of instruments, spreads from 0.0 pips and an award-winning trading platform."	"World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders."
Pros
Easy to use proprietary platform with intuitive features including a pattern recognition scanner and 40+ indicators and drawing tools Transparent pricing model with lower spreads than alternatives and no deposit or withdrawal fees Comprehensive suite of market research tools and analyst insights to help make informed trading decisions CMC Alpha loyalty scheme with great perks for high-volume traders including premium support and 5% to 28.6% discounts on spreads A hugely respected broker listed on the London Stock Exchange with 300,000+ clients Responsive and knowledgeable support team available 24/5 to help new traders get started quickly	A wide range of assets to trade, including via digital contracts Several different account types with varied pricing structures MT4, MT5 and a proprietary trading terminal Swap-free account available 10+ accepted payment methods Low deposit of $1 Copy trading solution Educational content STP/ECN technology Demo account VPS hosting
Cons
A $10 monthly inactivity fee that kicks in after 12 months of no activity Spread betting is only available in the UK US clients are not accepted	Weak regulation Withdrawal fees apply No negative balance protection
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
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting	Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account
Yes	Yes
Minimum Deposit
$0	$1
Trading Platforms
MT4	MT4 MT5
Payment Methods
Credit Card Debit Card Mastercard PayPal Visa Wire Transfer	ADVcash Apple Pay Bitcoin Payments Credit Card Debit Card Google Wallet Mastercard Perfect Money Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, MAS, CIRO	SVGFSA
Margin Trading
Yes	Yes
Margin Rate
1%
STP Account
No	Yes
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
No	Yes
Mobile Apps
iOS & Android	iOS, Android + Web Browser
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution.
Social Trading
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD SEK PLN	USD EUR RUB
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange Shenzhen Stock Exchange	Nasdaq S&P 500
Commodities
Coffee Cannabis Copper Gold Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Steel Sugar Wheat	Gold Oil Palladium Platinum Silver
CFD Trading
CMC Markets offers leveraged CFDs on an extensive list of 12,000+ instruments with transparent pricing, powerful trading software and ultra-fast execution speeds. Out-of-hours trading on CFD indices is also available, plus 24/5 award-winning customer support.	World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances.
Leverage
1:30 (Retail), 1:500 (Pro)	1:1000
FTSE Spread
1 pt	NA
GBPUSD Spread
0.9	NA
Oil Spread
3.5	NA
Stocks Spread
0.02	From 0.03
Forex Trading
CMC Markets offers a superb list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals.	World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types.
Forex App
CMC Markets deliver an award-winning app, compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators.
GBPUSD Spread
0.9	From 0.6
EURUSD Spread
0.7	From 0.6
EURGBP Spread
1.1	From 0.6
Assets
330+	53
Currency Indices
USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
CMC Markets offers trading on popular digital tokens and crypto indices for broader exposure to the market. There is minimal slippage and an excellent 99.9% fill rate.	Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.
Spread
from 1.3	0
Coins
BTC BCH ETH LTC EOS TRON NEO ADA XLM	BTC DSH LTC ETH ZEC XRP BCH XMR EOS NEO
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.
Payout
	100%
Expiry Times
	1 minute - 7 days
Ladder Options
No	No
Boundary Options
No	No

Review	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.
More Comparisons
CMC Markets vs	World Forex vs