Interactive Brokers vs CMC Markets

Interactive Brokers vs CMC Markets Comparison Table 2023
Interactive Brokers CMC Markets
WINNER
Interactive Brokers is the better broker
Not Yet Rated
United States Flag Traders from US accepted
4.7
United States Flag Traders from US not accepted
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
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.
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
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes Yes
Minimum Deposit
$10000 £0
Payment Methods
Minimum Trade
$100 0.01 Lots
Regulator
SEC, FCA, IIROC, SFC FCA, MAS, ASIC, IIROC
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
Yes No
OmniTrader
Yes No
TradingView
No No
Autochartist
No No
eSignal
Yes No
Trading Central
Yes No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes 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
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android and Windows iOS and Android
Auto Trading
Yes (via MT4)
Copy Trading
No No
Social Trading
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • HUF
  • USD
  • EUR
  • GBP
  • AUD
  • SEK
  • PLN
Stock Exchanges
Commodities
CFD Trading
Leverage
1:50 1:30
FTSE Spread
0.005% (£1 Min) 1 pt
GBPUSD Spread<
Commission (.20 pts x trade value) 0.9
Oil Spread
N/A 3.0
Stocks Spread
From 0.003 per share, variable .10% Var
Forex Trading
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
Commission (.20 pts x trade value) 0.9
EURUSD Spread
Commission (.20 pts x trade value) 0.7
EURGBP Spread
Commission (.20 pts x trade value) 1.1
Assets
70+ 300+
Cryptocurrency
Crypto trading not offered
Coins
  • BTC
  • LTC
  • ETH
  • XRP
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. 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.
More Comparisons
Interactive Brokers
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CMC Markets
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