CMC Marketsvs
SpreadexForex Broker Comparison
This comparison pits two FCA-regulated brokers against each other on pricing, platforms, and instrument availability, highlighting diverging approaches to margins, tooling, and accessibility.
Who should choose CMC Markets vs Spreadex?
Find out which broker best suits your trader profile.
Choose if…
Choose CMC Markets if you want MT4/MT5 access and a broad instrument range.
Choose if…
Choose Spreadex if you want TradingView charting and no inactivity fee.
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 vs Spreadex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.5 / 5 |
CMC Markets vs Spreadex 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 Spreadex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
3
CMC Markets
criteria wins
1
Spreadex
criteria win
Highlighted rows show where the two brokers differ
| Criteria | CMC Markets | Spreadex |
|---|---|---|
| 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 | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
CMC Markets vs Spreadex: Frequently Asked Questions
CMC Markets rates 4.5/5 versus 4/5 for Spreadex. CMC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Spreadex starts from 0.6 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.
Neither CMC Markets nor Spreadex requires a minimum deposit, making both accessible regardless of starting capital.
Both CMC Markets and Spreadex 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
CMC Markets lists maximum leverage of 30:1, while Spreadex lists up to 30:1. 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 Spreadex supports Proprietary Web/Mobile, TradingView. Both provide Proprietary Web/Mobile. CMC Markets has exclusive access to ProRealTime and MetaTrader 4. Spreadex has exclusive access to TradingView.
