CMC Marketsvs
Forex.comForex Broker Comparison
Two regulated brokers face off on trust, costs, and platforms. CMC Markets leans on a leading proprietary platform and broad instruments, while Forex.com emphasizes raw spreads and US access.
Our Verdict
CMC Markets winsby 0.3 pts
CMC Markets edges Forex.com on the editorial score (4.5 vs 4.2), reflecting its FCA-regulated, LSE-listed status and a leading proprietary platform.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Instrument breadth: CMC Markets lists around 12,000 instruments versus Forex.com about 400.
- 2Raw spreads available: Forex.com yes; CMC Markets no.
- 3Min deposit: $0 at CMC; $100 at Forex.com.
Who should choose CMC Markets vs Forex.com?
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you value FCA regulation, LSE listing, and a leading proprietary platform.
Choose Forex.com if…
Choose Forex.com if you need access for US clients and 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
CMC Markets offers tighter spreads from 0.70 pips vs 1.00 pips for Forex.com, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
CMC Markets vs Forex.com: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.3 / 5 |
CMC Markets vs Forex.com 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 Forex.com: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
CMC Markets
criteria wins
1
Forex.com
criteria win
Highlighted rows show where the two brokers differ
| Criteria | CMC Markets | Forex.com |
|---|---|---|
| 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 | 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 |
CMC Markets vs Forex.com: Frequently Asked Questions
The scores are close: CMC Markets rates 4.5/5 and Forex.com rates 4.2/5. 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 Forex.com's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while Forex.com requires at least $100. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and Forex.com 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 Forex.com lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Forex.com charges $7 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 Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. CMC Markets has exclusive access to ProRealTime. Forex.com has exclusive access to MetaTrader 5.
