Two regulated brokers are evaluated side by side, testing whether platform versatility or regulatory footprint matters most for traders.
Find out which broker best suits your trader profile.
Choose if…
Choose CMC Markets if you want a large instrument universe and a proprietary platform.
Choose if…
Choose Errante if you want 0.0 pip raw spreads on Pro ECN and a low $50 minimum deposit.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.5/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.0 / 5 |
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | CMC Markets | Errante |
|---|---|---|
| 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) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
CMC Markets rates 4.5/5 versus 3.8/5 for Errante. CMC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Errante starts from 0 pips, tighter than CMC Markets's 0.7 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while Errante requires at least $50. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and Errante 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.
CMC Markets lists maximum leverage of 30:1, while Errante 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.
Errante charges $3 per lot on commission-based accounts. Commission details for CMC Markets are not currently available. Check their website for up-to-date pricing.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while Errante supports MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile. Errante has exclusive access to MetaTrader 5.
Errante offers tighter spreads from 0.00 pips vs 0.70 pips for CMC Markets, reducing trading costs.
CMC Markets wins for safety and regulation, with FCA oversight and multiple reputable regulators.
Errante suits active traders with 0.0 pip raw spreads on Pro ECN and transparent pricing.
Errante is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
CMC Markets wins for platform choice with a proprietary platform and ProRealTime alongside MT4.
CMC Markets is best for beginners with a $0 minimum deposit and multiple supported platforms.
CMC Markets wins for instrument variety with a broad 12,000-instrument universe.
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
| Founded | 1989 | 2017 |
|---|
| Headquarters | London, United Kingdom | Limassol, Cyprus |
|---|
| Min Deposit | No minimum▼ lower | $50 |
|---|
| Spreads From | 0.7 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $3/lot |
|---|
| N/A | 0.3 pips |
| Max Leverage | 30:1 | 30:1 |
|---|
| Inactivity Fee | £10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA DFSA BaFin FMA | FSA Seychelles CySEC |
|---|
| Platforms | ProRealTime Proprietary Web/Mobile MetaTrader 4 | MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
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
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Inactivity fee after 12 months
No raw spread account option
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
CMC Markets edges Errante on the overall editorial score, supported by FCA regulation and an LSE listing plus a strong proprietary platform.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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