CMC Markets vs. Forex.com Comparison

This comparison guide assists users that battle to select between CMC Markets and Forex.com to discover the most effective online broker for their trading and financial investment requirements. It assesses the main features of the two brokers alongside to assist users contrast their solution and make an educated decision.

To aid individuals choose the right broker between CMC Markets and Forex.com to discover the best-suited platform, below is a checklist of broker’s advantages and disadvantages, complied with by a comparison of their primary trading functions, including trading platforms & devices, charges, mobile trading, deposit & withdrawal, assets, guideline, and consumer assistance.

CMC Markets vs. Forex.com: Summary

CMC Markets logo

CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.

CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.

CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.

CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).

Forex.com logo

Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.

Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.

Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.

Pros

  • Low minimum deposit ($0)
  • Low average spreads from 0.73 pips EUR/USD
  • Fast and reliable trade execution
  • Great research tools and educational materials
  • Bonus and rebate program

Cons

  • High stock trading fees
  • Customer service availability is limited (24/5)

Pros

  • Low minimum deposit ($100)
  • Low average spread from 0.74 pips EUR/USD
  • Advanced charting features and performance analytics
  • Award Winning Mobile trading app
  • Professional customer support

Cons

  • Educational videos are missing
  • MT5 available outside of US only
  • Limited assets available on MT5

Key features

  • Competitive forex spreads
  • MT4 Compatibility
  • Access to 338 forex pairs and 9,000 shares
  • Comprehensive market research tools
  • Beginners and advanced trading features
  • Competitive pricing

Key features

  • Competitive trading fees
  • Compatibility with MT4 and MT5
  • 5500 tradable symbols and 4550 CFDs overall
  • Award winning mobile trading app
  • Advanced charting and performance analytics available
  • Great combination of ease of use and personal customisation

CMC Markets vs. Forex.com Comparison

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Compare brokers
CMC Markets logo

CMC Markets

Open account Read review

65% of retail CFD accounts lose money

Forex.com logo

Forex.com

Open account Read review

80% of retail CFD accounts lose money

BROKER COMPARISON

CMC Markets logo
Forex.com logo

Overall rating

4,0/5

4,4/5

Overall rating

4,0/5

4,4/5

Trading Platform & Tools

4.2

4.6

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 1:50
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.7

3.7

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $15 per month (after 12 months)
Cost Per Trade 0 0
Cost Per Month £10 0
Forex (EUR/USD) 0.7 pips 0.8 pips
Stocks & ETF 0 0 + spread
CFD (Gold) 3.4 pips 0.8
Crypto 0 0
Options 0 0
Conversion Fees 0.50%
Misc. Fees 0
Overnight Fees 2.50%

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

1.9

4.9

See details
Minimum deposit (in UAE) 0 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.2

4.1

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 330 91
CFD Indices & Funds 98 17
CFD Stocks 9500 9500
CFD Commodities 100 22
CFD Crypto 0 8
CFD Bonds 50 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

4.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

CMC Markets vs. Forex.com Comparison Conclusion

The outcomes of our contrast of CMC Markets vs. Forex.com are involved the table listed below.

Broker:Best For:
CMC MarketsForex and CFDs
Forex.comForex and CFD trading and MT4

Selecting the appropriate selection between CMC Markets and Forex.com can be difficult. Both online brokers have resemblances yet vary relating to trading instruments, systems & applications, regulation, deposit & withdrawals, and research study and education. Selecting the best broker depends on individuals’ trading & investment objectives, specific choices, and experience level.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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