NicoFX vs CMC Markets

NicoFX vs CMC Markets Comparison Table 2022
NicoFX CMC Markets
Not Yet Rated
United States Flag Traders from US not accepted
4.7
United States Flag Traders from US not accepted
NicoFX facilitates trading in forex and precious metals under CySEC regulation. 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
Fastest Growing European STP Broker 2016 - Global Banking & Finance Awards
Best STP Broker 2016 - MENA Awards
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
Bonus
None None
Instruments
Forex, Metals Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes Yes
Minimum Deposit
$100 £0
Payment Methods
Credit Card, Mastercard, Skrill, UnionPay, Visa, Wire Transfer Mastercard, POLi, Visa
Minimum Trade
0.01 lots 0.01 Lots
Regulator
CySEC FCA, MAS, ASIC, IIROC
Margin Trading
- Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
- No
OmniTrader
- No
TradingView
- No
Autochartist
- No
eSignal
- No
Trading Central
- No
STP Account
- No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
- No
PAMM Account
- No
LAMM Account
- No
Demat Account
- No
AI / Machine Learning
- No
Robo Advisor
- No
Negative Balance Protection
- Yes
Market Maker
- Yes
P2P Trading
- No
Spot Trading
- No
Mobile Apps
Yes iOS and Android
Auto Trading
Yes (EAs) Yes (via MT4)
Trade Signals
Yes -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No Yes
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
- USD, EUR, GBP, AUD, SEK, PLN
Stock Exchanges
- Deutsche Boerse
CFD
CFD trading not offered
Leverage
1:30 1:30
FTSE Spread
N/A 1 pt
GBPUSD Spread
From 0.9 0.9
Oil Spread
N/A 3.0
Stocks Spread
N/A .10% Var
Forex
Start trading a long list of leading currencies with up to 1:30 leverage.
GBPUSD Spread
From 0.9 0.9
EURUSD Spread
From 0.9 0.7
EURGBP Spread
From 0.9 1.1
Assets
38 300+
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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