FXPro vs CMC Markets

FxPro vs CMC Markets Comparison Table 2024
FxPro	CMC Markets
Review 4.4	Review 4.7

Founded in 2006, FxPro is an established forex, CFD and spread betting broker offering 2100+ assets to over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers reliable 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.	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.
	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
Comment by Reviewer
"FxPro is best for experienced traders looking for wide market access, premium research tools and advanced charting platforms. The competitive fees and fast execution will serve serious short-term traders, whilst the BnkPro investment service will appeal to those looking for long-term e-money solutions."	"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. "
Pros
FxPro maintains its position as a top no dealing desk (NDD) broker, with fast execution speeds under 13ms and co-located trading servers with Tier 1 banks There are 4 superior day trading platforms, including a proprietary solution with over 50 indicators, 7 chart types and an impressive 15 chart time frames Comprehensive analysis and trading tools are available for seasoned traders, including signals powered by Trading Central and VPS hosting Thousands of CFDs are available across 6 asset classes with a particularly impressive range of indices and precious metals There's an interactive learning center for beginners with tests, courses, video tutorials and webinars	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.
Cons
FxPro's services are mainly geared towards experienced investors and beginners may find the broker's fees and accounts complex The broker charges a $10 inactivity fee after 6 months of account dormancy, though this is more lenient than many brokers There are only a handful of payment methods available, compared to the 10+ offered at top competitors like AvaTrade There's no copy trading service, which reduces the appeal for strategy providers looking to earn extra revenue	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.
Awards
BEST BROKER 2021 (UK), Ultimate Fintech Awards BEST FX PROVIDER 2021, Online Personal Wealth Awards BEST TRADING PLATFORM 2020, Investors Chronicle & Financial Times	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, Futures	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$100	$0
Trading Platforms
FxPro Platform MT4 MT5 cTrader AutoChartist TradingCentral DupliTrade	Web MT4
Payment Methods
Credit Card Maestro Mastercard Neteller PayPal Skrill Visa Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, CySEC, FSCA, SCB, FSC	FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
Margin Trading
Yes	Yes
Margin Rate
0.5%	1%
STP Account
Yes	No
ECN Account
No	No
DMA Account
No	No
MAM Account
Yes	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	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores.	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.
Android App Rating
4.3	3.7
iOS App Rating
4.7	4.1
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
Yes	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$5	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD JPY ZAR CHF PLN	USD EUR GBP CAD AUD NZD SEK NOK SGD PLN
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq New York Stock Exchange Russell 2000 SIX Swiss Exchange	Australian Securities Exchange (ASX) 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
Commodities
Gasoline Gold Oil Palladium Platinum Silver Soybeans	Coffee Cannabis Copper Gasoline Gold Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures. The broker's analysis and charting capabilities continue to stand as some of the best in the industry, with Trading Central integration, advanced order types and access to custom indicators.	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.
Leverage
1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)	1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.58 Pts (Ave)	1 pt
GBPUSD Spread
2.39 Pips (Ave)	0.9
Oil Spread
0.07 (WTI Ave)	3.5
Stocks Spread
Variable	0.02
Forex Trading
FxPro offers 70+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals, including our award winner, AvaTrade. Various short-term forex strategies are permitted, including EA trading and hedging.	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.
Forex App
FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores.
GBPUSD Spread
2.39 pips (Ave)	0.9
EURUSD Spread
1.58 pips (Ave)	0.7
EURGBP Spread
1.74 pips (Ave)	1.1
Assets
70+	300+
Currency Indices
USD	USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Algo traders can also make use of trading bots and custom indicators within the third-party platforms.	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.
Spread
Variable	From 1.3
Coins
BAT BCH BTC DOG DOT DSH EOS ETC ETH IOT LNK LTC NEO XLM XMR XRP ZEC	BTC BCH ETH LTC EOS TRON NEO ADA XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
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
FxPro vs	CMC Markets vs