Plus500 and CMC Markets are top online brokers with excellent trading experiences. Plus500 is a trustworthy broker with licenses from the MAS, ASIC, and FCA. It offers professional trading tools and platforms. It has limited educational data, which is why we recommend it for experienced investors.
|Broker Name||Plus500||CMC Markets|
|Regulation||FCA, ASIC, CySEC, FSCA, FMA, MAS, FSA||FCA, FSCS|
|Tradable Assets||Forex, Commodities, Individual shares, ETFs, Options, Cryptocurrencies.||Forex, CFD|
|Platforms||Web, Mobile||Next Generation (desktop), Mobile|
|Deposit||Free of charge||Free of charge|
|Withdrawals||Free of charge||Free of charge|
CMC Markets is a well-established forex broker with licenses from the ASIC, IIROC, MAS, and FCA. It offers an active trader discount to professional investors. CMC Markets is a good choice for beginners as it offers many learning tools.
Both online brokers have advantages and disadvantages. This article discusses the differences between Plus500 and CMC Markets.
Top findings from the Plus500 vs. CMC Markets review:
- Plus500 is a reliable online broker with professional proprietary platforms and tools.
- CMC Markets has a versatile assets portfolio and significant support for beginners.
- Both brokers are listed on London’s stock exchange and offer a virtual trading account.
We recommend Plus500 for professional traders, as it offers limited educational data. CMC Markets is a good choice for all traders that want access to reliable trading information.
|Commissions & Fees||4||5|
|Offering of Investments||4||5|
|Platforms & Tools||4||5|
|72% of retail CFD accounts lose money||73% of retail CFD accounts lose money|
Level of experience
Plus500 offers no educational materials and tools. It is a better choice for experienced investors, as it has some trading tools. Plus500 offers a demo account and advanced analytics tools, including an economic calendar and watch lists.
CMC Markets offers market data from third-party sources, including MorningStar. It has in-house analysts who offer insights on its web interface. CMC Markets is an excellent choice for active traders, and it offers trading discounts to professionals. It offers many learning tools, including real-time news, forex education, and webinars.
The minimum initial deposit at Plus500 is €100, while at CMC Markets is $0. The average EUR/USD spread at Plus500 is 0.6, while at CMC Markets is 0.74. CMC Markets offers active trader discounts, while Plus500 does not.
CMC Markets has 158 forex currency pairs, while Plus500 has 50 available pairs. CMC Markets provides access to 9852 CFDs, while Plus500 has 2033 available CFDs. Both brokers offer cryptocurrency CFDs.
Plus500 has a proprietary platform in its portfolio with a web and a desktop version. It offers some research and trading tools. Plus500 is a broker with premium trading experiences and platforms. It is a good choice for professional traders, as its platforms are challenging to use by beginners.
CMC Markets offers its proprietary trading platform, Next Generation, and MetaTrader 4. Its proprietary platforms are well-designed and secure. Beginner traders receive news and research integration. CMC Markets has many learning tools, including Trading Central, forex education, and beginner tutorials.
Banking services contribute to an excellent online trading experience. Both brokers are listed on London’s stock exchange, which increases their reliability. Plus500 has many funding options, including bank wire, credit/debit, PayPal, and Skrill. CMC Markets offers bank transfers, PayPal, and credit/debit funding options.
Plus500 and CMC Markets are top online brokers. Both have advantages and disadvantages depending on your trading style and experience. We recommend Plus500 to professionals, as its educational materials are limited. CMC Markets is a good choice for all traders, as it has both professional and beginner-friendly tools.
Plus500 compared to other brokers:
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All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.