FXPro vs CMC Markets

FxPro vs CMC Markets Comparison Table 2023
FxPro CMC Markets
3.9
4.7
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 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.

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.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% (April-June 2022) 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.
Comment by Reviewer
"FxPro is best for traders looking for wide market access with thousands of instruments and reliable trading platforms, including MT4, MT5 & cTrader." "CMC Markets is a great option for active traders with thousands of instruments, spreads from 0.0 pips and an award-winning trading platform."
Pros
  • No dealing desk (NDD) intervention with fast execution speeds under 13ms
  • Thousands of CFDs across 6 asset classes with a particularly impressive range of indices and precious metals
  • 4 superior trading platforms including MT4, MT5, cTrader and the broker's powerful proprietary solution
  • Comprehensive analysis and trading tools including signals powered by Trading Central and VPS hosting
  • Interactive learning center for beginners with tests, courses, video tutorials and webinars
  • 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
Cons
  • Limited payment methods
  • Relatively high fees on some assets
  • Inactivity fee applied to dormant accounts
  • 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
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 on Forex, Shares, Indices, Metals, Energies, Futures CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FCA, FSCA, SCB FCA, MAS, ASIC, IIROC, CIRO
Margin Trading
Yes Yes
Margin Rate
0.5%
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
Yes 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 and Windows iOS & Android
Auto Trading
EAs Yes (via MT4)
Copy Trading
No No
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
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
  • AUD
  • SEK
  • PLN
Stock Exchanges
Commodities
CFD Trading
FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location. 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.
Leverage
1:1000 (Location/Entity Dependant) 1:30
FTSE Spread
1.58 Pts (Ave) 1 pt
GBPUSD Spread
2.39 Pips (Ave) 0.9
Oil Spread
0.07 (WTI Ave) 2.5
Stocks Spread
Variable 10% Var
Forex Trading
Trade 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. CMC Markets offers an extensive list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals.
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.

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
2.39 pips (Ave) 0.9
EURUSD Spread
1.58 pips (Ave) 0.7
EURGBP Spread
1.74 pips (Ave) 1.1
Assets
70+ 330+
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. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned. 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.
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
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% (April-June 2022) 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
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