CMC Marketsvs
FBSForex Broker Comparison
Two brokers are pitted against each other on trust, costs, and technology. The axis centers on regulation strength and platform ecosystem shaping the trading experience.
Our Verdict
CMC Markets winsClear Winner
CMC Markets edges FBS 4.5/5 to 3.9/5, driven by stronger regulation and platform capabilities.
CMC Markets
4.5/5
FBS
3.9/5
Key Differences
- 1CMC Markets holds top tier regulators (FCA, ASIC, BaFin, FMA, DFSA).
- 2CMC Markets offers a proprietary platform.
- 3FBS has no inactivity fee while CMC charges after 12 months.
Who should choose CMC Markets vs FBS?
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you want top tier regulation, a proprietary platform, and a broad instrument universe.
Choose FBS if…
Choose FBS if you want a very low minimum deposit and access to raw spreads.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FBS offers tighter spreads from 0.00 pips vs 0.70 pips for CMC Markets, reducing trading costs.
Best for safety & regulation
Recommended
CMC Markets vs FBS: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 3.5 / 5 |
CMC Markets vs FBS Forex Broker Pros & Cons
Pros
FCA-regulated, LSE-listed
Excellent proprietary platform
MT4 also available
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
CMC Markets vs FBS: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
CMC Markets
criteria wins
2
FBS
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | CMC Markets | FBS |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| 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 vs FBS: Frequently Asked Questions
CMC Markets rates 4.5/5 versus 3.9/5 for FBS. CMC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
FBS 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 FBS requires at least $1. This makes CMC Markets more accessible for traders with limited starting capital.
CMC Markets holds top-tier regulation (FCA, ASIC, DFSA), providing stronger investor protections. FBS may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
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 FBS lists up to 3000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FBS charges $20 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 FBS supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile. FBS has exclusive access to MetaTrader 5.
