CMC Markets
XTB
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service
Best CFD broker
UK
Poland
Fees
Low forex fees, average CFD and non-trading fees
Low forex, average non-trading fees, high stock CFD fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
5
Deposit type
Withdrawal type
Account opening
$0
$0
1-3 days
1 day
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
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: 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.
Research, education
Great
Great
Customer service
Security
£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators
£85k for UK clients, €20k for clients under CySEC and CNMV, €22k for other European clients, and no protection for other customers
1989
2002
UK, Australia, Canada, New Zealand, Singapore, Germany
UK, Poland, Cyprus, Spain, Belize, Dubai
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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 on par with XTB's and a comparison of their fees shows that CMC Markets's fees are slightly higher than XTB's.
Account opening takes somewhat more effort at CMC Markets compared to XTB, deposit and withdrawal processes are somewhat easier at CMC Markets, while customer service quality is similar to XTB's.
Our experts rated the trading platform of CMC Markets as being of the same quality as the platform of XTB, found that clients have access to less markets and products with CMC Markets, while XTB provides just about the same quality of research and education.