Online brokers compared for fees, trading platforms, safety and more. See how CMC Markets stacks up against Interactive Brokers!
Last update of data—Dec 2022
CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Recommended for forex and CFD traders looking for an advanced trading platform with many research tools.
Recommended for traders looking for broad market access and a professional trading environment.
CMC Markets
CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.
Recommended for forex and CFD traders looking for an advanced trading platform with many research tools.
Interactive Brokers
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Recommended for traders looking for broad market access and a professional trading environment.
CMC Markets's service is slightly weaker than Interactive Brokers's and a comparison of their fees shows that CMC Markets's fees are slightly higher than Interactive Brokers's.
Account opening takes somewhat less effort at CMC Markets compared to Interactive Brokers, deposit and withdrawal processes are more seamless at CMC Markets, while customer service quality is somewhat better than Interactive Brokers's.
Our experts rated the trading platform of CMC Markets as somewhat better than the platform of Interactive Brokers, found that clients have access to much less markets and products with CMC Markets, while Interactive Brokers provides somewhat lower-quality research and education.
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.
Brokers displayed might not be available in United States.
More alternatives to CMC Markets and Interactive Brokers