Two regulated brokers clash over trust, platform options, and pricing clarity. The showdown highlights differences in regulation, platform breadth, and cost structures.
CMC Markets edges FxPro on the editorial score. Its higher Trust & Regulation rating and broader instrument coverage explain the lead.
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you want a $0 minimum deposit and no inactivity fee.
Choose FxPro if…
Choose FxPro if you want MT4/MT5, cTrader, and high leverage up to 500:1.
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 1.20 pips for FxPro, reducing trading costs.
| Editorial score | 4.5/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.4 / 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 | FxPro |
|---|---|---|
| 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 | 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: CMC Markets rates 4.5/5 and FxPro rates 4.3/5. 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 FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while FxPro requires at least $100. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and FxPro 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 FxPro lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FxPro 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 FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. CMC Markets has exclusive access to ProRealTime. FxPro has exclusive access to cTrader and MetaTrader 5.
CMC Markets wins for safety due to FCA license and multiple regulators plus segregated funds.
FxPro wins for active traders thanks to high leverage and multiple platforms including MT4/MT5 and cTrader.
FxPro is better suited for scalpers: raw/ECN spreads available.
FxPro wins for platform choice with MT4, MT5, cTrader, and proprietary options.
CMC Markets wins for beginners due to $0 minimum deposit and accessible pricing.
CMC Markets wins for instrument variety with about 12,000 instruments.
Fees & Spreads 30% weight | 4.4 / 5 | 4.4 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
| Founded | 1989 | 2006 |
|---|
| Headquarters | London, United Kingdom | London, United Kingdom |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 0.7 pips▼ lower | 1.2 pips |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 1.9 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| 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 | FCA ASIC DFSA FMA BaFin | FCA FSCA CySEC |
|---|
| Platforms | ProRealTime Proprietary Web/Mobile MetaTrader 4 | cTrader MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| 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
Supports all four major platforms: MT4, MT5, cTrader, and proprietary
Strong FCA and CySEC regulation
No dealing desk execution on raw accounts
Negative balance protection
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
No inactivity fee
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 after 12 months
No raw spread account option
Cons
Customer support can be slow during peak hours
FxPro Edge proprietary platform less feature-rich than MT4
Not available to US residents
Dig deeper into each broker’s features, fees, and regulation.
Score 4.3 / 5
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