Compare CMC Markets vs Interactive brokers

CMC Markets 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:
Interactive brokers Interactive brokers
90%
Deposit 10 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1978
Currency Pairs (Total Forex pairs) 22
Country: UK
Regulation:
Authorised in the European Union (EU)
Trading app:
Desktop Platform (Windows)
Web Platform
Number of CFD asset classes: 5
Broker type: ECN, STP
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:

Winner of the comparison

36%
CMC Markets
50%
Interactive brokers
Winner
If you don’t want to read the full comparison, the winner of our review is Interactive brokers, which takes the lead with a rating of 50%, while CMC Markets only reaches 36%. CMC Markets requires a minimum deposit of 1 EUR/USD, while Interactive brokers sets it at 10 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 Interactive brokers it is 1 EUR/USD. Tighter spreads make CMC Markets a more advantageous choice. CMC Markets offers 158 forex pairs, while Interactive brokers provides 22. A wider selection gives CMC Markets the advantage. CMC Markets was founded in 1989, while Interactive brokers has been operating since 1978. The older Interactive brokers has the upper hand in this regard. This advantage goes to Interactive brokers, while CMC Markets lacks it. CMC Markets is overseen by 2 regulatory bodies, while Interactive brokers has 1. More regulations at CMC Markets enhance its trustworthiness. CMC Markets supports 1 platforms, while Interactive brokers offers 2. More options are provided by Interactive brokers.

Comprehensive Comparison: CMC Markets vs Interactive brokers

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: Interactive brokers with an overall rating of 50%
CMC Markets
Min. Deposit
1
EUR/USD Spread
0.8
Currency Pairs
158
Year Established
1989
Interactive brokers
Min. Deposit
10
EUR/USD Spread
1
Currency Pairs
22
Year Established
1978

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
Interactive brokers

    Broker Interactive brokers boasts a long and trouble-free history. Moreover, there is no minimum deposit required, which makes it easy to start trading even with smaller amounts. The broker also allows the purchase of fractional shares.

    The availability of a demo account will offer testing of strategies without the risk of losses. Another advantage is the wide range of assets available for trading.

    • Extremely low fees
    • Wide range of products
    • Many great research tools
    • Low margin rates
    • No inactivity fee and no withdrawal fee

Comparison by Categories

Trading Tools
CMC Markets
80%
Interactive brokers
100%
Trading Platforms
CMC Markets
14%
Interactive brokers
29%
Trading Costs
CMC Markets
80%
Interactive brokers
80%
Educational Materials
CMC Markets
33%
Interactive brokers
100%
Customer Support
CMC Markets
100%
Interactive brokers
100%
Overall Rating
CMC Markets
36%
Interactive brokers
50%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, Interactive brokers is an ideal choice for new traders.
Best Platform
The trading platform of broker Interactive brokers offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.

Start Trading Today

Try trading with a free demo account and test your trading strategies without risk.

Investments
# CMC Markets Interactive brokers
Currency Pairs (Total Forex pairs) 158 22
CFDs – Total Offered 4500+ 100+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 62%
Winner
Cost
# CMC Markets Interactive brokers
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 0.8 1
Deposit from 1 10
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 80%
Winner
Trading app
# CMC Markets Interactive brokers
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 Interactive brokers
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% 100%
Winner
Research
# CMC Markets Interactive brokers
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 50% 83%
Winner
Education
# CMC Markets Interactive brokers
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 100%
Winner
Forex
# CMC Markets Interactive brokers
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# CMC Markets Interactive brokers
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 27% 100%
Winner
Indicies
# CMC Markets Interactive brokers
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# CMC Markets Interactive brokers
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 0%
Winner
Regulations
# CMC Markets Interactive brokers
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 17%
Winner
Support
# CMC Markets Interactive brokers
Chat
Phone
Mail
Support rating 100% 100%
Winner
Overall
# CMC Markets Interactive brokers
Go to the full broker review CMC Markets Interactive brokers
Win / Loss % 36% 50%
Winner