CMC Markets

CMC Markets

🟢 Tier 1 Regulated
8.8
/ 10
vs
FXTM

FXTM

🟢 Tier 1 Regulated
8.0
/ 10

CMC Markets vs FXTM

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

CMC Markets and FXTM are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. CMC Markets, founded in 1989 and headquartered in London, UK, is regulated by FCA, ASIC, BaFin and offers spreads starting from 0.7 pips with a minimum deposit of $0. FXTM, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, FCA, FSA with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, CMC Markets scored 8.8/10 overall compared to FXTM's 8/10, making it the stronger pick for most traders. That said, FXTM holds its own with superior education resources, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    CMC Markets scores 8.8/10 overall vs 8/10 for FXTM — a 0.8-point difference.

  • 💵

    CMC Markets requires just $0 to start, while FXTM needs $10 — CMC Markets is 10x more accessible.

  • 📈

    CMC Markets offers 10,000+ instruments vs 600+ at FXTM — a massive gap in market coverage.

  • 🖥️

    CMC Markets runs on Next Generation, MT4, while FXTM uses MT4, MT5, FXTM Trader App — different ecosystems for different trading styles.

  • The biggest gap is in Product Range: CMC Markets scores 9.5 vs 7.0 for FXTM — a 2.5-point difference.

Our Verdict

🏆 WINNER
CMC Markets

CMC Markets

Score: 8.8/10 · Wins 5 categories
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
FXTM

FXTM

Score: 8.0/10 · Wins 1 categories
  • You're a beginner who values learning resources
  • You prefer FXTM's trading environment overall

CMC Markets takes the lead with an overall score of 8.8/10 compared to 8/10, winning in 5 out of 8 scoring categories. CMC Markets stands out for better trading platforms and stronger regulation, while FXTM fights back with superior education resources.

Detailed Verdict

After testing both brokers with real accounts, CMC Markets comes out ahead with a 8.8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Platforms & Tools where it scores 9.5/10. CMC Markets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXTM is not without merit — it scores 8/10 overall and excels in Regulation & Trust (9.0/10), winning 1 category. Traders who value superior education resources may find FXTM the better fit. For a complete breakdown, read our full CMC Markets review and FXTM review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

CMC Markets
FXTM
Trading Costs
8.0 8.0
Platforms & Tools
9.5 7.5

CMC Markets wins by 2.0 points

Regulation & Trust
9.5 9.0

CMC Markets wins by 0.5 points

Education
8.0 8.5

FXTM wins by 0.5 points

Customer Service
8.0 7.5

CMC Markets wins by 0.5 points

Research & Analysis
9.0 7.0

CMC Markets wins by 2.0 points

Deposit & Withdrawal
8.0 8.0
Product Range
9.5 7.0

CMC Markets wins by 2.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.8/10
8.0/10
Min Deposit
Lower is better
$0
$10
Max Leverage
1:500
1:2000
Spreads From
0.7 pips
0.0 pips
Platforms
Next Generation, MT4
MT4, MT5, FXTM Trader App
Regulation
FCA, ASIC, BaFin
CySEC, FCA, FSA
Founded
Older track record highlighted
1989
2011
Markets
10,000+
600+
CMC Markets: 0 FXTM: 0
💰

Fees & Costs

When it comes to trading costs, CMC Markets has the edge with a score of 8/10 versus 8/10 for FXTM. CMC Markets offers spreads starting from 0.7 pips, while FXTM starts from 0.0 pips. The minimum deposit at CMC Markets is $0, compared to $10 at FXTM. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

CMC Markets
8.0
FXTM
8.0
CMC Markets: 1 FXTM: 0
🖥️

Trading Platforms

🏅 Section Winner: CMC Markets (9.5 vs 7.5)

CMC Markets scores 9.5/10 for platforms compared to 7.5/10 for FXTM. CMC Markets provides Next Generation, MT4, while FXTM offers MT4, MT5, FXTM Trader App. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

CMC Markets
9.5
FXTM
7.5
CMC Markets: 2 FXTM: 0
🛡️

Regulation & Safety

🏅 Section Winner: CMC Markets (9.5 vs 9.0)

Regulation is crucial for fund safety. CMC Markets is regulated by FCA, ASIC, BaFin (Tier 1), while FXTM holds licenses from CySEC, FCA, FSA (Tier 1). CMC Markets scores 9.5/10 and FXTM scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

CMC Markets
9.5
FXTM
9.0
CMC Markets: 2 FXTM: 1
📚

Education & Research

🏅 Section Winner: FXTM (8.0 vs 8.5)

For learning resources, FXTM leads with 8.5/10 compared to 8/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. CMC Markets and FXTM both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

CMC Markets
8.0
FXTM
8.5
CMC Markets: 3 FXTM: 1
🎧

Customer Support

🏅 Section Winner: CMC Markets (8.0 vs 7.5)

CMC Markets offers 24/5 Live Chat, Email, Phone and scores 8/10, while FXTM provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

CMC Markets
8.0
FXTM
7.5
CMC Markets: 3 FXTM: 1
💳

Deposit & Withdrawal

CMC Markets scores 8/10 for deposits and withdrawals, while FXTM scores 8/10. CMC Markets accepts Bank Transfer, Credit Card, PayPal, and FXTM supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. CMC Markets requires a minimum deposit of $0 versus $10 for FXTM. Always check withdrawal conditions and any potential fees before funding your account.

CMC Markets
8.0
FXTM
8.0

Which Broker Is Right for You?

CMC Markets

Choose CMC Markets if you...

  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
  • You want access to a wider range of instruments
Visit CMC Markets
FXTM

Choose FXTM if you...

  • You're a beginner who values learning resources
  • You prefer FXTM's trading environment overall
Visit FXTM

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is CMC Markets better than FXTM?

CMC Markets scores higher overall (8.8/10 vs 8/10), winning 5 of 8 categories. However, FXTM is stronger in superior education resources. The best choice depends on what matters most to your trading style.

Which has lower fees, CMC Markets or FXTM?

CMC Markets scores higher for trading costs. CMC Markets offers spreads from 0.7 pips with a $0 minimum deposit, while FXTM starts from 0.0 pips with $10 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is CMC Markets safe to trade with?

CMC Markets is regulated by FCA, ASIC, BaFin and scores 9.5/10 for regulation. FXTM is regulated by CySEC, FCA, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, CMC Markets or FXTM?

CMC Markets scores 9.5/10 for platforms. CMC Markets offers Next Generation, MT4, while FXTM provides MT4, MT5, FXTM Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for CMC Markets vs FXTM?

CMC Markets requires a minimum deposit of $0, while FXTM requires $10. CMC Markets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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