Two brokers lay out sharply different paths: CMC Markets focuses on broad access and trading tools, Vanguard on low-cost long-term investing.
Find out which stock broker best suits your investing profile.
Choose if…
Choose CMC Markets if you want access to 20 exchanges and short selling on shares.
Choose if…
Choose Vanguard if you prefer long-term, low-cost investing via ISA/SIPP.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.1/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $100 |
| Spreads from | 0.7 pips | N/A |
| Commission / lot | N/A | N/A |
| Inactivity fee | £10/month (after 12 months) | None |
| Deposit fee |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | CMC Markets | Vanguard |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| No deposit fee | — | Pass |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Pass |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Fail |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
The scores are close: CMC Markets rates 4/5 and Vanguard rates 4.1/5. Vanguard 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. Current spread data is not available for Vanguard. Check both brokers' websites for up-to-date spread and commission pricing.
CMC Markets has no minimum deposit, while Vanguard requires at least $100. This makes CMC Markets more accessible for traders with limited starting capital.
Both CMC Markets and Vanguard 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.
CMC Markets stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
CMC Markets lists maximum leverage of 20:1, while Vanguard lists up to 1:1. 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 Vanguard supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. CMC Markets has exclusive access to ProRealTime and MetaTrader 4.
Neither CMC Markets nor Vanguard is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both CMC Markets and Vanguard are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
CMC Markets leads on safety and regulation due to multiple regulators and established compensation schemes.
Vanguard is best for long-term investors with dividend reinvestment and exposure to its low-cost index funds.
CMC Markets suits active traders with stock CFDs, short selling, and advanced tools.
Vanguard suits beginners with simple ISA/SIPP access and focus on long-term wealth building.
CMC Markets provides broad global access with 20 exchanges, far beyond Vanguard's single-exchange scope.
Vanguard wins for low-cost investing with the low platform fee and very low fund expense ratios.
| Free |
| Free |
| Deposit methods | Bank transferCredit cardDebit card | Bank transferDebit card |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transfer |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | Yes |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | No |
|---|
| Regulators | ASIC FCA DFSA BaFin FMA | FCA |
|---|
| Platforms | ProRealTime Proprietary Web/Mobile MetaTrader 4 | Proprietary Web/Mobile |
|---|
| Active bonuses | None | 2 offers |
|---|
CMC Markets and Vanguard are closely matched overall, but the clearest differentiator is exchange access: CMC Markets offers access to 20 exchanges, while Vanguard provides access to one.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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