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Our top alternative brokers to CMC Markets
IG
4.5
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73% of retail CFD accounts lose money
XTB
4.8
Visit broker
73% of retail CFD accounts lose money
Our top alternative brokers to CMC Markets
IG
4.5
Visit broker
73% of retail CFD accounts lose money
XTB
4.8
Visit broker
73% of retail CFD accounts lose money
CMC Markets Alternatives

The best alternatives to CMC Markets are

  1. IG - Global CFD and forex broker
  2. XTB - Global CFD broker
  3. City Index - Global CFD and forex broker
  4. ETX Capital - Global CFD and forex broker

Let's see in a bit more detail how the CMC Markets alternatives compare to CMC Markets and each other:

CMC Markets alternatives comparison
CMC Markets IG XTB City Index ETX Capital
Overall score 4.6 4.5 4.8 4.5 4.3
Fees score 3.7 stars 3.1 stars 4.3 stars 3.7 stars 3.5 stars
Account opening score 4.2 stars 4.2 stars 5.0 stars 5.0 stars 5.0 stars
Deposit and withdrawal score 4.8 stars 4.5 stars 4.5 stars 4.3 stars 4.5 stars
Web platform score 5.0 stars 5.0 stars 4.4 stars 4.3 stars 4.0 stars
Markets and products score 2.6 stars 3.5 stars 3.3 stars 2.4 stars 2.2 stars
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73% of retail CFD accounts lose money
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73% of retail CFD accounts lose money
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67% of retail CFD accounts lose money
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72.54% of retail CFD accounts lose money

Why are these brokers considered good alternatives to CMC Markets? There are many areas based on which CMC Markets can be compared with others. When we say a given online broker is a good alternative to CMC Markets we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

CMC Markets alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • CMC Markets is recommended for forex and cfd traders looking for an advanced trading platform with many research tools
  • IG is recommended for traders of any experience level looking for an easy-to-use trading platform
  • XTB is recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service
  • City Index is recommended for forex and cfd traders looking for low forex fees and great research tools
  • ETX Capital is recommended for forex, spread and cfd traders looking for great funding and withdrawal options and an easy-to-use platform

Important factors of finding CMC Markets alternatives

So far BrokerChooser has reviewed 98 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether CMC Markets or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. CMC Markets is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost CMC Markets alternative.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at CMC Markets, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given CMC Markets alternative is a must.


Now let's dive into the details of how CMC Markets and its alternatives perform in the most important areas!

CMC Markets alternatives
IG

IG, established in the UK in 1974, is one of the biggest CFD brokers in the world. It is regulated by several bodies globally, including top-tier regulators like the UK's Financial Conduct Authority (FCA) and Germany's Federal Financial Supervisory Authority (BaFin). IG Group is listed on the London Stock Exchange.

IG is considered safe because it is listed on a stock exchange, discloses its financials and is overseen by top-tier regulators.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are not provided for US clients. Forex trading involves risk. Losses can exceed deposits.

Recommended for traders of any experience level looking for an easy-to-use trading platform

Pros Cons
First-class web trading platform High forex and stock CFD fees
Superb educational tools Limited product portfolio
Great deposit and withdrawal options Slow customer support

Visit broker
73% of retail CFD accounts lose money

Fees
3.1

IG has low non-trading fees. Withdrawals are free of charge and the inactivity fee is charged only after 2 years. On the negative side, forex and stock CFD fees are high.
Pros Cons
No withdrawal fee High forex fees
Inactivity fee charged only after 2 years High financing rate
High stock CFD trading fees
CMC Markets vs. IG: Trading fees
IG CMC Markets
Apple benchmark fee $31.2 $21.4
Vodafone benchmark fee $29.7 $27.1
EURUSD benchmark fee $12.8 $7.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
73% of retail CFD accounts lose money

Account opening
4.2

IG's account opening is seamless and fully digital. There is no minimum deposit for bank transfers and a low, $/€300 minimum deposit for credit/debit cards and PayPal. On the other hand, account verification takes around 3 business days, which is slower than at some other brokers.
Pros Cons
Fully digital Slower account opening
Low minimum deposit
No minimum deposit for bank transfer
CMC Markets vs. IG: Minimum deposit, time to open an account
IG CMC Markets
Minimum deposit $0 $0
Time to open account 1-3 days 1-3 days

If you are interested more in IG minimum deposit, this overview will help you.

Visit broker More
73% of retail CFD accounts lose money

Deposit and withdrawal
4.5

IG offers free and fast deposit and withdrawal options. There are various options for funding your account, including traditional methods such as wire transfer and credit card funding, as well as PayPal.
Pros Cons
Credit/Debit card available None
Free withdrawal
No deposit fee
CMC Markets vs. IG: Withdrawal options
IG CMC Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
73% of retail CFD accounts lose money

Web trading platform
5.0

IG's web trading platform is great for both beginners and professional traders. It is easy to use, has all the necessary functions and can be customized.
Pros Cons
User-friendly None
Clear fee report
Two-step (safer) login
Web trading platform of IG, a CMC Markets alternative
CMC Markets vs. IG: Trading platform scores
IG CMC Markets
Web platform score 5.0 stars 5.0 stars
Mobile platform score 5.0 stars 5.0 stars
Desktop platform score - 3.4 stars

Learn more about IG's web trading platform in the detailed IG review.

Visit broker
73% of retail CFD accounts lose money

Markets and products
3.5

At IG, most clients can only trade CFDs, forex and options. There are literally thousands of CFDs available to trade. Residents of the UK and some other countries can also trade real stocks. However, other popular assets like mutual funds and bonds are not available.
CMC Markets vs. IG: Markets and products
IG CMC Markets
Stocks Yes No
ETFs Yes No
Forex Yes Yes
Funds No No
Bonds No No
Options Yes No
Futures No No
CFDs Yes Yes
Crypto No Yes

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73% of retail CFD accounts lose money

Verdict

IG is one of the biggest and most reliable CFD brokers worldwide. It is regulated by several financial authorities around the world and IG Group is listed on the London Stock Exchange.

IG has one of the best web trading platforms BrokerChooser has tested. The deposit and withdrawal conditions are great. You can also expand your knowledge with great educational materials.

On the other hand, forex and stock CFD fees are high and the product portfolio in most countries is limited to forex, CFDs and options. Customer support could be better.

Feel free to test IG's first-class trading platform since there is no minimum funding amount and you can also easily open a demo account. 

IG
Summary IG is a CFD and forex broker. It is listed on the London Stock Exchange and regulated by several authorities globally, including the top-tier FCA.
Fees score 3.1 stars
Recommended for Traders of any experience level looking for an easy-to-use trading platform

Visit broker More
73% of retail CFD accounts lose money

CMC Markets alternatives
XTB

XTB is a global CFD broker with headquarters in London and Warsaw, founded in 2002. The company is regulated by several financial authorities worldwide, including the top-tier UK Financial Conduct Authority (FCA). In addition, XTB is listed on the Warsaw Stock Exchange, and as such is required to regularly disclose its financials.

XTB is considered safe because it has a long track record, is listed on a stock exchange and publishes its financial statements transparently.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low fees and great deposit/withdrawal service

Pros Cons
Low forex CFD fees, commission-free stocks/ETFs for some High stock CFD fees
Free and fast deposit and withdrawal Product portfolio limited mostly to CFDs
Easy and fast account opening Limited fundamental data

Visit broker
73% of retail CFD accounts lose money

Fees
4.3

Forex fees are low, in many cases there's no withdrawal fee, and some clients are eligible for free stock and ETF trading. However, stock CFD fees are high there's an inactivity fee.
Pros Cons
Free stocks/ETFs up to €100k monthly volume High stock CFD fees
Low forex and stock index CFD fees Inactivity fee
Most bank transfer withdrawals are free
CMC Markets vs. XTB: Trading fees
XTB CMC Markets
Apple benchmark fee $18.1 $21.4
Vodafone benchmark fee $21.7 $27.1
EURUSD benchmark fee $8.3 $7.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
73% of retail CFD accounts lose money

Account opening
5.0

XTB's account opening process is hassle-free, straightforward and fully digital. Your account will be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
No minimum deposit
CMC Markets vs. XTB: Minimum deposit, time to open an account
XTB CMC Markets
Minimum deposit $0 $0
Time to open account 1 day 1-3 days

If you are interested more in XTB minimum deposit, this overview will help you.

Visit broker More
73% of retail CFD accounts lose money

Deposit and withdrawal
4.5

XTB deposits and withdrawals are fast, mostly free and can be done via several channels.
Pros Cons
Credit/Debit card available Few minor account currencies accepted
Deposits/withdrawals are mostly free
E-wallets available
CMC Markets vs. XTB: Withdrawal options
XTB CMC Markets
Bank transfer Yes Yes
Credit/debit card No Yes
Electronic wallets No Yes
Withdrawal fee $0 $0

Visit broker More
73% of retail CFD accounts lose money

Web trading platform
4.4

XTB's xStation 5 platform is user-friendly, customizable and has a good search function. On the other hand, two-step login is not available.
Pros Cons
User-friendly No two-step (safer) login
Clear fee report
Good search function
Web trading platform of XTB, a CMC Markets alternative
CMC Markets vs. XTB: Trading platform scores
XTB CMC Markets
Web platform score 4.4 stars 5.0 stars
Mobile platform score 4.4 stars 5.0 stars
Desktop platform score 4.4 stars 3.4 stars

Learn more about XTB's web trading platform in the detailed XTB review.

Visit broker
73% of retail CFD accounts lose money

Markets and products
3.3

XTB's default selection includes only CFDs. Some European clients can also trade real stocks and ETFs. Popular assets like bonds, mutual funds, options or futures are not available.
CMC Markets vs. XTB: Markets and products
XTB CMC Markets
Stocks Yes No
ETFs Yes No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
73% of retail CFD accounts lose money

Verdict

XTB is a great CFD broker. It is regulated by several financial authorities globally, including the UK's FCA. The company is listed on the Warsaw Stock Exchange.

On the plus side, XTB's forex CFD fees are low, while many European clients can enjoy commission-free stock and ETF trading up to a €100,000 monthly trade volume. We also liked that the deposit and withdrawal process is fast and mostly free. The account opening process is seamless, hassle-free and quick.

XTB has some drawbacks, though. Stock CFD fees are high. The product range is mainly limited to CFDs, although real stock and ETF trading is available in some European countries. Fundamental data offered by XTB covers only a few basics such as P/E.

We recommend XTB for clients who prefer forex or CFD trading and also want to enjoy great deposit and withdrawal options along with fast account opening. Feel free to test it using a demo account.

XTB
Summary XTB is a global CFD broker, listed on the Warsaw Stock Exchange. XTB is regulated by many financial authorities globally, including the top-tier FCA.
Fees score 4.3 stars
Recommended for forex and CFD traders looking for low fees and great deposit/withdrawal service

Visit broker More
73% of retail CFD accounts lose money

CMC Markets alternatives
City Index

City Index is a global CFD and FX broker founded in 1983. City Index is the trading brand of StoneX Financial Ltd., whose parent company StoneX Group Inc. is listed on the NASDAQ Stock Exchange. The company is regulated by top-tier financial authorities, such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Monetary Authority of Singapore (MAS). 

City Index is considered safe because it has a long track record, it is regulated by top-tier financial authorities, and its parent company is listed on a stock exchange.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for low forex fees and great research tools

Pros Cons
Low fees for forex Limited product portfolio
Fast and smooth account opening High stock CFD fees
Diverse research tools Non-user-friendly desktop platform

Visit broker
67% of retail CFD accounts lose money

Fees
3.7

City Index has low fees for forex trading and there is no withdrawal fee. On the other hand, stock CFD fees are high and an inactivity fee kicks in after one year.
Pros Cons
Low forex fees Inactivity fee
No withdrawal fee High stock CFD fees
CMC Markets vs. City Index: Trading fees
City Index CMC Markets
Apple benchmark fee $21.2 $21.4
Vodafone benchmark fee $29.7 $27.1
EURUSD benchmark fee $6.1 $7.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
67% of retail CFD accounts lose money

Account opening
5.0

City Index's account opening process is fully digital and there is no minimum deposit. It took one day for us to get the account approved.
Pros Cons
Fast None
Fully digital
No minimum deposit
CMC Markets vs. City Index: Minimum deposit, time to open an account
City Index CMC Markets
Minimum deposit $100 $0
Time to open account 1 day 1-3 days

If you are interested more in City Index minimum deposit, this overview will help you.

Visit broker More
67% of retail CFD accounts lose money

Deposit and withdrawal
4.3

City Index provides multiple deposit and withdrawal options, all free of charge. However, withdrawal is not possible with some credit cards.
Pros Cons
Credit/Debit card available Problem with credit card withdrawal
Free withdrawal
No deposit fee
CMC Markets vs. City Index: Withdrawal options
City Index CMC Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

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67% of retail CFD accounts lose money

Web trading platform
4.3

City Index's web trading platform is user-friendly and extremely customizable, with lots of order types. On the negative side, there is no two-step login.
Pros Cons
User-friendly No two-step (safer) login
Good customizability (for charts, workspace)
Good variety of order types
Web trading platform of City Index, a CMC Markets alternative
CMC Markets vs. City Index: Trading platform scores
City Index CMC Markets
Web platform score 4.3 stars 5.0 stars
Mobile platform score 4.3 stars 5.0 stars
Desktop platform score 3.0 stars 3.4 stars

Learn more about City Index's web trading platform in the detailed City Index review.

Visit broker
67% of retail CFD accounts lose money

Markets and products
2.4

At City Index, you can only trade CFDs, forex and cryptos. Other popular asset classes, like real stocks or funds, are not available.
CMC Markets vs. City Index: Markets and products
City Index CMC Markets
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
67% of retail CFD accounts lose money

Verdict

City Index is a great CFD and forex broker, regulated by top-tier financial authorities such as the UK's FCA.

On the positive side, it has low forex fees, a smooth account opening process and high-quality research tools.

It has some drawbacks though. The product portfolio is limited, stock CFD fees are quite high and the desktop platform lags behind its competitors.

As there is no required minimum balance, no withdrawal fee, and an inactivity fee only kicks in after one year, feel free to try City Index.

Below you can find links to all aspects of City Index in this comprehensive collection.

City Index
Summary City Index is a global CFD broker, regulated by many financial authorities including the top-tier UK FCA. Its parent company, StoneX Group Inc. is listed on the NASDAQ Stock Exchange.
Fees score 3.7 stars
Recommended for Forex and CFD traders looking for low forex fees and great research tools

Visit broker More
67% of retail CFD accounts lose money

CMC Markets alternatives
ETX Capital

ETX Capital is a global CFD and FX broker. Its parent company Monecor (London) Ltd. was established in 1965 and is regulated by the UK's Financial Conduct Authority (FCA). Monecor (Europe) Ltd., the entity that handles EU accounts, is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.54% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex, spread and cfd traders looking for great funding and withdrawal options and an easy-to-use platform

Pros Cons
Multiple, free deposit and withdrawal options Average FX fees
Easy and fast account opening Only CFDs, forex and crypto available
Great educational tools Basic research tools

Visit broker
72.54% of retail CFD accounts lose money

Fees
3.5

ETX Capital offers commission-free stock CFDs and the non-trading fees are low. On the other hand, FX fees are average.
Pros Cons
Low non-trading fees Average FX fees
Commission-free stock CFDs
CMC Markets vs. ETX Capital: Trading fees
ETX Capital CMC Markets
Apple benchmark fee $5.3 $21.4
Vodafone benchmark fee $3.1 $27.1
EURUSD benchmark fee $13.9 $7.8

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stocks and $20k for FX

Visit broker More
72.54% of retail CFD accounts lose money

Account opening
5.0

ETX Capital's account opening is hassle-free and straightforward. Your account should be ready for trading on the same day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
CMC Markets vs. ETX Capital: Minimum deposit, time to open an account
ETX Capital CMC Markets
Minimum deposit $100 $0
Time to open account 1 day 1-3 days

If you are interested more in ETX Capital minimum deposit, this overview will help you.

Visit broker More
72.54% of retail CFD accounts lose money

Deposit and withdrawal
4.5

Depositing and withdrawing funds are free at ETX Capital. The processes are fast and there are several options for both.
Pros Cons
Credit/Debit card available Only 3 account base currencies available
Free withdrawal
No deposit fee
CMC Markets vs. ETX Capital: Withdrawal options
ETX Capital CMC Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
72.54% of retail CFD accounts lose money

Web trading platform
4.0

ETX Capital has a great web trading platform. It is user-friendly with a great search function and customizability. On the negative side, it lacks a two-step login and a clear fee report.
Pros Cons
User-friendly No clear fee report available
Good search function No two-step (safer) login
Good customizability (for charts, workspace)
Web trading platform of ETX Capital, a CMC Markets alternative
CMC Markets vs. ETX Capital: Trading platform scores
ETX Capital CMC Markets
Web platform score 4.0 stars 5.0 stars
Mobile platform score 4.5 stars 5.0 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about ETX Capital's web trading platform in the detailed ETX Capital review.

Visit broker
72.54% of retail CFD accounts lose money

Markets and products
2.2

At ETX Capital, you can trade only CFDs, forex and cryptos. Other products like real stocks, ETFs, mutual funds, bonds, options and futures are not available.
CMC Markets vs. ETX Capital: Markets and products
ETX Capital CMC Markets
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
72.54% of retail CFD accounts lose money

Verdict

ETX Capital is regulated by the UK's Financial Conduct Authority (FCA), a top-tier authority.

On the plus side, you can use a lot of free deposit and withdrawal options. We liked the seamless and hassle-free account opening process. There is also a wide range of great-quality educational tools available.

ETX Capital has some drawbacks, though. FX fees are average. Its product range is limited to forex, CFDs and cryptos, and only limited research tools are available.

As the minimum deposit is not very high, there are 5 free withdrawals a month, and no inactivity fee, feel free to give ETX Capital a try.

ETX Capital
Summary ETX Capital is a global forex and CFD broker regulated by the UK's FCA. Its parent company, Monecor (London) Ltd is listed on the London Stock Exchange.
Fees score 3.5 stars
Recommended for Forex, spread and CFD traders looking for great funding and withdrawal options and an easy-to-use platform

Visit broker More
72.54% of retail CFD accounts lose money

CMC Markets alternatives
CMC Markets

CMC Markets is a global CFD and forex broker, founded in 1989. It is regulated by several authorities globally, including the top-tier UK Financial Conduct Authority (FCA). The company is also listed on the London Stock Exchange.

CMC Markets is considered safe because it has a long track record, is listed on a stock exchange, and is overseen by top-tier regulators.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders looking for an advanced trading platform with many research tools

Pros Cons
Low forex fees High stock CFD fees
Great web and mobile platforms Limited product portfolio
Advanced research and educational tools Customer support only 24/5

Fees
3.7

CMC Markets has competitive forex and stock index CFD fees, and no fee is charged for deposits and most withdrawals. However, stock CFD fees are high.
Pros Cons
Low forex fees High stock CFD fees
No withdrawal fee
CMC Markets alternatives trading fees
CMC Markets IG XTB City Index ETX Capital
S&P 500 index CFD fee $1.4 $1.1 $1.5 $1.1 $1.8
Europe 50 index CFD fee $1.7 $1.4 $1.8 $1.6 $2.3
EURUSD benchmark fee $7.8 $12.8 $8.3 $6.1 $13.9
GBPUSD benchmark fee $5.6 $8.8 $5.8 $4.5 $12.0

Includes spreads, commissions and financing rate for opening a position, holding for a week, and closing.
Position sizes: $2k for stock and $20k for FX

Account opening
4.2

The account opening process is fully digital and there's no minimum deposit.
Pros Cons
Fully digital None
No minimum deposit
CMC Markets alternatives minimum deposit and account open times
CMC Markets IG XTB City Index ETX Capital
Minimum deposit $0 $0 $0 $100 $100
Time to open account 1-3 days 1-3 days 1 day 1 day 1 day

Learn more about CMC Markets minimum deposit here.

Deposit and withdrawal
4.8

You can use multiple deposit/withdrawal options and CFD account base currencies. Withdrawals are mostly free, except for same-day or international bank withdrawals.
Pros Cons
Credit/Debit card available £15 fee for international bank transfers
No deposit fee
Several account base currencies
CMC Markets and alternatives withdrawal options and fees
CMC Markets IG XTB City Index ETX Capital
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card Yes Yes No Yes Yes
Electronic wallets Yes Yes No Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

Web trading platform
5.0

CMC's 'Next Generation' platform has a clean and modern design, is highly customizable, and boasts an advanced order panel. Two-step authentication is available for login.
Pros Cons
Two-step (safer) login None
Good customizability (for charts, workspace)
Modern design
CMC Markets - Web trading platform
CMC Markets and alternatives trading platform scores
CMC Markets IG XTB City Index ETX Capital
Web platform score 5.0 stars 5.0 stars 4.4 stars 4.3 stars 4.0 stars
Mobile platform score 5.0 stars 5.0 stars 4.4 stars 4.3 stars 4.5 stars
Desktop platform score 3.4 stars - 4.4 stars 3.0 stars 3.4 stars

Learn more about CMC Markets's web trading platform in the detailed CMC Markets review.

Markets and products
2.6

CMC Markets offers an exceptionally wide selection of CFDs and forex pairs, but you can't trade other popular asset classes such as real stocks, bonds, mutual funds or options.
CMC Markets and alternatives markets and products
CMC Markets IG XTB City Index ETX Capital
Stocks No Yes Yes No No
ETFs No Yes Yes No No
Forex Yes Yes Yes Yes Yes
Funds No No No No No
Bonds No No No No No
Options No Yes No No No
Futures No No No No No
CFDs Yes Yes Yes Yes Yes
Crypto Yes No Yes Yes Yes

Verdict

CMC Markets is overseen by top-tier regulators and is one of the best CFD and forex brokers out there.

On the plus side, it has low forex fees, well-developed trading platforms, and terrific research and educational tools.

There are also a few drawbacks, though. Stock CFD fees are high, and the product selection covers only CFD and forex, meaning no real stocks, bonds or mutual funds.

Feel free to test CMC Markets's first-class trading platform, as it has great features and requires no minimum deposit to open an account.

CMC Markets
Summary CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.
Fees score 3.7 stars
Recommended for forex and CFD traders looking for an advanced trading platform with many research tools

CMC Markets alternatives
Bottom line

Based on our analysis, there are several good alternatives to CMC Markets. They all offer similar products and target similar customers. Here's a recap of the results in a table.

CMC Markets alternatives
Broker Info Recommended for
CMC Markets Global CFD broker forex and CFD traders looking for an advanced trading platform with many research tools
IG Global CFD and forex broker Traders of any experience level looking for an easy-to-use trading platform
XTB Global CFD broker forex and CFD traders looking for low fees and great deposit/withdrawal service
City Index Global CFD and forex broker Forex and CFD traders looking for low forex fees and great research tools
ETX Capital Global CFD and forex broker Forex, spread and CFD traders looking for great funding and withdrawal options and an easy-to-use platform

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Bence András Rózsa

Author of this article

Bence András Rózsa is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry specializing in stock- and CFD/forex brokers, crypto providers and robo-advisors.

Bence András Rózsa

Broker Analyst

Bence András Rózsa is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry specializing in stock- and CFD/forex brokers, crypto providers and robo-advisors.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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Visit CMC Markets
71% of retail CFD accounts lose money
Visit IG
73% of retail CFD accounts lose money
Visit XTB
73% of retail CFD accounts lose money
Visit City Index
67% of retail CFD accounts lose money
Visit ETX Capital
72.54% of retail CFD accounts lose money
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