Global Prime vs CMC Markets

Global Prime vs CMC Markets Comparison Table 2023
Global Prime	CMC Markets
Review 3.8	Review 4.7
Traders from US not accepted	Traders from US not accepted
Global Prime is a multi-regulated trading broker offering 100+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation.	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. 76% (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.
Pros
Full range of investments Multiple account currencies Multiple deposit methods MetaTrader 4 integration Good execution speed Strong regulation Copy trading	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
Clients from US and Canada are not accepted No MetaTrader 5 integration	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 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
Forex, indices, commodities, cryptocurrencies, shares, bonds	Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes	Yes
Minimum Deposit
AUD $200	$0
Payment Methods
Boleto BPAY Credit Card Dragonpay FasaPay Mastercard Neteller PayPal POLi Skrill Visa Wire Transfer	Mastercard POLi Visa
Minimum Trade
0.01 lots	0.01 Lots
Regulator
ASIC, VFSC, FSA	FCA, MAS, ASIC, IIROC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
Yes	No
eSignal
No	No
Trading Central
No	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	iOS and Android
Auto Trading
Yes	Yes (via MT4)
Copy Trading
Yes	No
Copy Trading Platform
Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD AUD SGD	USD EUR GBP AUD SEK PLN
Stock Exchanges
Australian Securities Exchange DAX GER 40 Index Dow Jones FTSE UK Index Nasdaq S&P 500	Deutsche Boerse S&P 500 Shenzhen Stock Exchange
Commodities
Copper Gold Oil	Coffee Cannabis Copper Gold Natural Gas Nickel Oil Orange Juice Palladium Precious Metals Silver Soybeans Steel Wheat
CFD Trading
Global Prime scores highly for its competitive ECN spreads across a range of CFD markets.	CMC Markets provides leveraged CFDs on 12,000+ instruments with transparent pricing and powerful trading software.
Leverage
1:200	1:30
FTSE Spread
0.84	1 pt
GBPUSD Spread
0.64	0.9
Oil Spread
1.6	3.0
Stocks Spread
Variable	.10% Var
Forex Trading
Global Prime offers online trading on a long list of major, minor and exotics currencies.	CMC Markets offers an extensive list of 330+ forex pairs with tight spreads and ultra-fast executions.
Forex App
	CMC Markets deliver an award winning app (Shares magazine 2019), 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
0.75	0.9
EURUSD Spread
0.16	0.7
EURGBP Spread
0.85	1.1
Assets
48	330+
Currency Indices
	USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
Global Prime offers more than 35 digital coins with impressively low commissions from 0.1%.	Crypto trading not offered
Spread
Floating
Coins
BTC BCH LTC ETH XRP
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. 76% (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.
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