Interactive Brokers vs. CMC Markets

Page Summary

Interactive Brokers and CMC Markets are top online brokers with impressive trading experiences. Interactive Brokers is a trustworthy broker with licenses from the IIROC, SFC, FSA, MAS, FINMA, FCA, and CFTC. It offers competitive fees with a minimum deposit of $0. We recommend it for professionals, as it offers industry-leading trading tools and platforms. 

CMC Markets is a safe online broker with licenses from the IIROC, MAS, FCA, and ASIC. It has an active trader discount for professional traders. CMC Markets provides access to many learning and research tools. It is a good fit for new traders because of its powerful learning center. 

This article discusses the strengths and weaknesses of Interactive Brokers and CMC Markets. 

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Interactive Brokers Review UAE 2025

Open account Read review

63.3% of retail investor accounts lose money when trading CFDs with IBKR.

CMC Markets logo

CMC Markets

Open account Read review

65% of retail CFD accounts lose money

BROKER COMPARISON

CMC Markets logo

Overall rating

4,9/5

4,0/5

Overall rating

4,9/5

4,0/5

Trading Platform & Tools

4.9

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage1:20500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.9

3.7

See details
Withdrawal Fee00
Deposit Fee1%0
Inactivity Fee0
Cost Per Trade00
Cost Per Month0£10
Forex (EUR/USD)0.2 pips + 0.08 to 0.20 bps times trade size comission0.7 pips
Stocks & ETF$ 0.005 per share0
CFD (Gold)0.02%3.4 pips
Crypto0.12% to 0.18% of trade value0
Options 0
Conversion Fees0
Misc. Fees0
Overnight FeesYes on CFD’s

Mobile Trading

5.0

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

1.9

See details
Minimum deposit (in UAE)$00
Bank Wire
Credit/Debit Card
Cash
CheckYES from US bank account
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.9

3.2

See details
Shares16.5000
ETF & Funds35.0000
Crypto40
Commodities10
Indices30520
Options50.0000
Futures2450
Bonds1.000.0000
Forex Instruments115330
CFD Indices & Funds1398
CFD Stocks8.0009500
CFD Commodities2100
CFD Crypto00
CFD Bonds050
Binary Options00
SWAPS00
Saving Plans00

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.8

4.3

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

Customer Support

4.9

4.5

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

Winner

Top findings from the Interactive Brokers vs. CMC Markets review:  

  1. Interactive Brokers offers a professional trading experience with premium tools and platforms. 
  2. CMC Markets offers a versatile portfolio and a reliable learning center for beginners. 
  3. Both brokers have a demo account, an active trader discount, and a $0 minimum deposit. 

We recommend Interactive Brokers for professionals, as it has access to many premium tools. CMC Markets is an excellent choice for new traders because of its dedicated learning center. 

Level of experience  

Interactive Brokers offers Trading Central and forex news. It has some educational tools, including webinars and investor dictionaries. This broker is a top choice for professionals, as it offers many advanced tools. 

CMC Markets offers market data from third-party sources, including Morningstar. It has in-house analysts who offer insights through its web interface. CMC Markets has an impressive learning center with real-time news, webinars, and forex education. It is a good fit for new traders. 

Fees  

Both brokers have a minimum initial deposit of $0. They follow a transparent fee policy and provide an active trader discount. 

Assets  

CMC Markets has 158 forex currency pairs, while Interactive Brokers offers 105 pairs. CMC Markets provides access to 9852 CFDs, while Interactive Brokers has 7400 available CFDs. 

Trading platform  

Interactive Brokers has an excellent trading experience with desktop and web platforms. It offers access to some educational materials, including professional trading videos. We recommend it for advanced traders, as it has premium platforms and tools. 

CMC Markets provides a proprietary platform, Next Generation, and MetaTrader4. Its proprietary platforms are easy to learn and secure. Beginners access news and research integration. CMC Markets has many learning tools, including beginner tutorials. It is an excellent choice for inexperienced traders. 

Banking services  

Banking services are essential for an excellent online trading experience. Interactive Brokers offers bank wire as its funding solution. CMC Markets has bank transfers, credit/debit cards, and PayPal funding. 

Final verdict  

Interactive Brokers and CMC Markets are top online brokers. Both have advantages and disadvantages depending on your needs and trading experience. We recommend Interactive Brokers to experienced traders who want access to a premium platform. CMC Markets is a better choice for new traders, as it has many learning materials. 

Interactive Brokers compared to other brokers:

Interactive Brokers Review

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