Basic data of broker
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools
Recommended for Traders looking for low forex fees and preferring the MetaTrader platform
Low forex fees, average CFD and non-trading fees
Low forex, but high CFD fees
Stock and ETF fees
Deposit and withdrawal
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Proof of identity: valid passport or government ID, AND a driving license Proof of residency: utility bills, bank or credit card statement, tenancy contract or a residency certificate
Markets and products
Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 86.67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators
€20,000 for clients under CySEC
UK, Australia, Canada, New Zealand, Singapore, Germany
Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu
For detailed information and hands-on experience, read our review of this broker.
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.
CMC Markets's service is slightly better than Royal's and a comparison of their fees shows that CMC Markets's fees are slightly lower than Royal's.
Account opening takes somewhat more effort at CMC Markets compared to Royal, deposit and withdrawal processes are about the same quality at CMC Markets, while customer service quality is similar to Royal's.
Our experts rated the trading platform of CMC Markets as somewhat better than the platform of Royal, found that clients have access to slightly more markets and products with CMC Markets, while Royal provides somewhat lower-quality research and education.