CMC Marketsvs
FXTMForex Broker Comparison
Two well-regulated brokers face off on cost, platforms, and accessibility. The matchup highlights proprietary technology versus standard MT platforms, and how price and protections influence choice.
Our Verdict
CMC Markets winsby 0.3 pts
CMC Markets edges FXTM on the editorial score, with FXTM posting the lower rating.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Proprietary platform available at CMC Markets.
- 2Instruments: 12,000+ at CMC versus 600 at FXTM.
- 3Raw spreads available on FXTM, not offered by CMC.
Who should choose CMC Markets vs FXTM?
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you want a proprietary trading platform and broad instrument access. You also benefit from transparent pricing and strong regulatory coverage across multiple authorities, including segregated client funds, negative balance protection, and a large selection of 12,000+ instruments.
Choose FXTM if…
Choose FXTM if you want a low $10 minimum deposit and a raw spreads option that can lower trading costs on active strategies. You also access MT4/MT5 and strong copy trading via FXTM Invest, plus global education and multilingual support.
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 1.50 pips for FXTM, reducing trading costs.
Best for safety & regulation
CMC Markets vs FXTM: 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▲ | 4.2 / 5 |
CMC Markets vs FXTM 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 FXTM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
CMC Markets
criteria wins
2
FXTM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | CMC Markets | FXTM |
|---|---|---|
| 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 vs FXTM: Frequently Asked Questions
The scores are close: CMC Markets rates 4.5/5 and FXTM 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 FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
CMC Markets has no minimum deposit, while FXTM requires at least $10. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and FXTM 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 FXTM lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while FXTM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile. FXTM has exclusive access to MetaTrader 5.
