In a head-to-head comparison, two regulated brokers compete on trust, cost, and platform choices. The matchup highlights how instrument variety and platform design shape each trader's fit.
CMC Markets edges Skilling on the editorial score, supported by FCA regulation and LSE listing. Its larger instrument universe and strong proprietary platform contribute to the higher overall score.
Find out which broker best suits your trader profile.
Choose CMC Markets if…
Choose CMC Markets if you value FCA regulation and LSE listing. You gain access to a broad 12,000-instrument universe.
Choose Skilling if…
Choose Skilling if you prefer a modern Skilling Trader experience and cTrader with raw spreads. You also get CySEC and FCA regulation with EU protections.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.70 pips.
| Editorial score | 4.5/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.3 / 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 | Skilling |
|---|---|---|
| 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 | Fail |
| Multilingual support | Pass | Pass |
The scores are close: CMC Markets rates 4.5/5 and Skilling rates 4.1/5. 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.
Both CMC Markets and Skilling start from 0.7 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
CMC Markets has no minimum deposit, while Skilling requires at least $100. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and Skilling 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 Skilling 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.
CMC Markets supports ProRealTime, Proprietary Web/Mobile, MetaTrader 4, while Skilling supports cTrader, Skilling Trader, MetaTrader 4. Both provide MetaTrader 4. CMC Markets has exclusive access to ProRealTime and Proprietary Web/Mobile. Skilling has exclusive access to cTrader and Skilling Trader.
CMC Markets stands out with FCA oversight and multiple regulators, enhancing regulatory credibility.
Skilling wins for active traders through raw spreads and multiple platform options.
Skilling is better suited for scalpers: raw/ECN spreads available.
Skilling offers Skilling Trader, cTrader, and MT4 for a broad platform choice.
CMC Markets provides zero deposit and solid support for new traders.
CMC Markets offers a substantially larger instrument universe than Skilling.
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 4.3 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 4.1 / 5 |
|---|
| Founded | 1989 | 2016 |
|---|
| Headquarters | London, United Kingdom | Valletta, Malta |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 0.7 pips | 0.7 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | £10/month (after 12 months) | $10/month (after 90 days) |
|---|
| 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 Skilling Trader 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
Clean modern Skilling Trader platform, excellent UX for new-to-intermediate traders
cTrader available with raw spreads from 0.0 pips
CySEC and FCA regulation with EU and UK investor protections
Growing Latin American presence with local-language support
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
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
Inactivity fee after 12 months
No raw spread account option
Cons
$100 minimum deposit on standard accounts
Newer broker, less track record than IG or Pepperstone
Product range narrower than multi-asset brokers
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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