Two brokers vie on regulation, platform depth, and protections. The axis of tension is investor protections versus instrument variety.
AvaTrade and CMC Markets are closely matched, but CMC Markets gains a clear edge with investor compensation scheme coverage.
Find out which broker best suits your trader profile.
Choose AvaTrade if…
Choose AvaTrade if you value strong multi-jurisdiction regulation and AvaOptions.
Choose CMC Markets if…
Choose CMC Markets if you want a leading proprietary platform and broad instrument access.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
CMC Markets offers tighter spreads from 0.70 pips vs 0.90 pips for AvaTrade, reducing trading costs.
| Editorial score | 4.4/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.6 / 5▲ |
Pros
Heavily regulated across 6+ jurisdictions
AvaOptions platform for vanilla options trading
Strong educational content and structured courses
Multiple platforms including MT4, MT5 and proprietary AvaTradeGo
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AvaTrade | CMC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: AvaTrade rates 4.4/5 and CMC Markets rates 4.5/5. CMC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
CMC Markets starts from 0.7 pips, tighter than AvaTrade's 0.9 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while AvaTrade requires at least $100. This makes CMC Markets more accessible for traders with limited starting capital.
Both AvaTrade and CMC Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: CMC Markets has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
AvaTrade lists maximum leverage of 400:1, while CMC Markets lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AvaTrade supports ZuluTrade, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. AvaTrade has exclusive access to ZuluTrade and MetaTrader 5. CMC Markets has exclusive access to ProRealTime.
Equally matched; both offer solid regulation.
CMC Markets wins for active traders due to broader instrument universe.
CMC Markets is better suited for scalpers: tighter spreads from 0.70 pips.
AvaTrade wins for platform choice with MT4, MT5 and AvaTradeGo.
Fees & Spreads 30% weight | 4.4 / 5 | 4.4 / 5 |
|---|
Platforms & Tools 20% weight | 4.3 / 5 | 4.5 / 5▲ |
|---|
Customer Support 10% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
| Founded | 2006 | 1989 |
|---|
| Headquarters | Dublin, Ireland | London, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0.9 pips | 0.7 pips▼ lower |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1▲ higher | 30:1 |
|---|
| Inactivity Fee | $50/month (after 3 months) | £10/month (after 12 months)▼ lower |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FSCA MFSA CBI ADGM | FCA ASIC DFSA FMA BaFin |
|---|
| Platforms | ZuluTrade MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | ProRealTime Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Inactivity fee of $50 after 3 months of no trading
Not available to US residents
Spread-only model means no raw ECN pricing
No investor compensation scheme
Cons
Inactivity fee after 12 months
No raw spread account option
Dig deeper into each broker’s features, fees, and regulation.
Score 4.4 / 5
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