CMC Markets vs. ForexTime

CMC Markets
59%
Deposit 1 EUR/USD
Spreads 0.8 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1989
Currency Pairs (Total Forex pairs) 158
Country: UK, Australia
Regulation:
FCA (UK)
ASIC (Australia)
Trading app:
MetaTrader 4 (MT4)
Number of CFD asset classes: 5
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
ForexTime
46%
Deposit 200 EUR/USD
Spreads 1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2011
Currency Pairs (Total Forex pairs) 35
Country: Cyprus
Regulation:
FCA (UK)
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, STP
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:

Winner of the comparison

36%
CMC Markets
46%
ForexTime
Winner
If you don’t want to read the full comparison, the winner of our review is ForexTime, which takes the lead with a rating of 46%, while CMC Markets only reaches 36%. CMC Markets requires a minimum deposit of 1 EUR/USD, while ForexTime sets it at 200 EUR/USD. Thanks to the lower deposit, CMC Markets is more welcoming to traders with smaller budgets. For CMC Markets, the spread is 0.8 EUR/USD, while for ForexTime it is 1.5 EUR/USD. Tighter spreads make CMC Markets a more advantageous choice. CMC Markets offers 158 forex pairs, while ForexTime provides 35. A wider selection gives CMC Markets the advantage. CMC Markets was founded in 1989, while ForexTime has been operating since 2011. The longer tradition of CMC Markets means greater experience. Unfortunately, neither of them offers this option. CMC Markets is overseen by 2 regulatory bodies, while ForexTime has 2. In terms of regulation, both are equal. CMC Markets supports 1 platforms, while ForexTime offers 2. More options are provided by ForexTime.

Comprehensive Comparison: CMC Markets vs ForexTime

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: ForexTime with an overall rating of 46%
CMC Markets
Min. Deposit
1
EUR/USD Spread
0.8
Currency Pairs
158
Year Established
1989
ForexTime
Min. Deposit
200
EUR/USD Spread
1.5
Currency Pairs
35
Year Established
2011

Key Strengths

CMC Markets
    • Affordable forex trading with low fees
    • High-quality mobile and web platform for easy trading
    • Extensive analytical tools and educational materials
    • Clients under the supervision of top financial regulators
    • CMC Markets Plc is a publicly traded company on the London Stock Exchange
    • Built-in negative balance protection
ForexTime
    • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
    • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
    • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.

Comparison by Categories

Trading Tools
CMC Markets
80%
ForexTime
90%
Trading Platforms
CMC Markets
14%
ForexTime
29%
Trading Costs
CMC Markets
80%
ForexTime
80%
Educational Materials
CMC Markets
33%
ForexTime
67%
Customer Support
CMC Markets
100%
ForexTime
100%
Overall Rating
CMC Markets
36%
ForexTime
46%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, ForexTime is an ideal choice for new traders.
Best Platform
The trading platform of broker ForexTime offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
Investments
# CMC Markets ForexTime
Currency Pairs (Total Forex pairs) 158 35
CFDs – Total Offered 4500+ 250+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 75%
Winner
Cost
# CMC Markets ForexTime
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.8 1.5
Deposit from 1 200
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# CMC Markets ForexTime
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 14% 29%
Winner
Trading Tools
# CMC Markets ForexTime
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 80% 90%
Winner
Research
# CMC Markets ForexTime
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 50% 50%
Winner
Education
# CMC Markets ForexTime
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 67%
Winner
Forex
# CMC Markets ForexTime
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# CMC Markets ForexTime
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 27% 55%
Winner
Indicies
# CMC Markets ForexTime
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# CMC Markets ForexTime
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 30%
Winner
Regulations
# CMC Markets ForexTime
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 33%
Winner
Support
# CMC Markets ForexTime
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# CMC Markets ForexTime
Go to the full broker review CMC Markets ForexTime
Win / Loss % 36% 46%
Winner