FXTM
CMC Markets
FXTM vs CMC Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXTM and CMC Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXTM, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $10. CMC Markets, established in 1989 in London, UK, holds licenses from FCA, ASIC, BaFin with spreads from 0.7 pips and a $0 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.
- 🖥️
FXTM runs on MT4, MT5, FXTM Trader App, while CMC Markets uses Next Generation, MT4 — 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
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
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
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 wins by 2.0 points
CMC Markets wins by 0.5 points
FXTM wins by 0.5 points
CMC Markets wins by 0.5 points
CMC Markets wins by 2.0 points
CMC Markets wins by 2.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.0/10 | 8.8/10 ✓ |
| Min Deposit Lower is better | $10 | $0 ✓ |
| Max Leverage | 1:2000 | 1:500 |
| Spreads From | 0.0 pips | 0.7 pips |
| Platforms | MT4, MT5, FXTM Trader App | Next Generation, MT4 |
| Regulation | CySEC, FCA, FSA | FCA, ASIC, BaFin |
| Founded Older track record highlighted | 2011 | 1989 ✓ |
| Markets | 600+ | 10,000+ ✓ |
Fees & Costs
When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 8/10 for CMC Markets. FXTM offers spreads starting from 0.0 pips, while CMC Markets starts from 0.7 pips. The minimum deposit at FXTM is $10, compared to $0 at CMC Markets. 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.
Trading Platforms
CMC Markets scores 9.5/10 for platforms compared to 7.5/10 for FXTM. FXTM provides MT4, MT5, FXTM Trader App, while CMC Markets offers Next Generation, MT4. 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.
Regulation & Safety
Regulation is crucial for fund safety. FXTM is regulated by CySEC, FCA, FSA (Tier 1), while CMC Markets holds licenses from FCA, ASIC, BaFin (Tier 1). FXTM scores 9/10 and CMC Markets scores 9.5/10 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.
Education & Research
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. FXTM and CMC Markets 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.
Customer Support
FXTM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while CMC Markets provides 24/5 Live Chat, Email, Phone with a score of 8/10. 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.
Deposit & Withdrawal
FXTM scores 8/10 for deposits and withdrawals, while CMC Markets scores 8/10. FXTM accepts Bank Transfer, Credit Card, Skrill, Neteller, and CMC Markets supports Bank Transfer, Credit Card, PayPal. Processing times, fees, and available currencies vary. FXTM requires a minimum deposit of $10 versus $0 for CMC Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXTM if you...
- You're a beginner who values learning resources
- You prefer FXTM's trading environment overall
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
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FXTM better than CMC Markets?
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, FXTM or CMC Markets?
FXTM scores higher for trading costs. FXTM offers spreads from 0.0 pips with a $10 minimum deposit, while CMC Markets starts from 0.7 pips with $0 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FXTM safe to trade with?
FXTM is regulated by CySEC, FCA, FSA and scores 9/10 for regulation. CMC Markets is regulated by FCA, ASIC, BaFin with a score of 9.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FXTM or CMC Markets?
CMC Markets scores 9.5/10 for platforms. FXTM offers MT4, MT5, FXTM Trader App, while CMC Markets provides Next Generation, MT4. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FXTM vs CMC Markets?
FXTM requires a minimum deposit of $10, while CMC Markets requires $0. 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.