FXOpen vs. CMC Markets
Comparison: FXOpen vs. CMC Markets – Which broker is better? A quick comparison of platform, fees, deposits, withdrawals and regulation.
Tie: both brokers achieved the same rating of 36%
Basic information
| Basic information |  FXOpen |  CMC Markets |
|---|---|---|
| Deposit | 100 EUR/USD | 1 EUR/USD |
| Spreads | 1 EUR/USD | 0.8 EUR/USD |
| Established | 2005 | 1989 |
| Currency Pairs (Total Forex pairs) | 95 | 158 |
| Country | UK, Australia | UK, Australia |
| Regulation | FCA (UK), ASIC (Australia) | FCA (UK), ASIC (Australia) |
| Trading app | MetaTrader 4 (MT4), Desktop Platform (Windows), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
| Number of CFD asset classes | 5 | 5 |
| Broker type | MM | MM |
| Support | Phone, Mail, Chat | Phone, Mail, Chat |
| Funding methods | * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire | * Some of the payment methods may not be available in your country. Visa/Mastercard, Bank Wire |
| Real Stocks and ETFs | Yes | Yes |
*The value is indicative from the broker's website. The spread amount is variable.
75% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 61 % and 89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Comparison Result
In terms of overall rating, both brokers are equal – both have 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while CMC Markets sets it at 1 EUR/USD. Conversely, CMC Markets scores with a lower minimum deposit. For FXOpen, the spread is 1 EUR/USD, while for CMC Markets it is 0.8 EUR/USD. Lower spreads at CMC Markets give it the edge. FXOpen offers 95 forex pairs, while CMC Markets provides 158. More options come with CMC Markets. FXOpen was founded in 2005, while CMC Markets has been operating since 1989. The older CMC Markets has the upper hand in this regard. Unfortunately, neither of them offers this option. FXOpen is overseen by 2 regulatory bodies, while CMC Markets has 2. In terms of regulation, both are equal. FXOpen supports 3 platforms, while CMC Markets offers 1. A greater choice of platforms gives FXOpen the lead.
36%
FXOpen
36%
CMC Markets
Key Strengths
FXOpen
- Micro accounts from just 1 USD allow starting with minimal capital
- Support for MetaTrader 4 and 5 - the standard among traders
- Free demo accounts for practicing strategies
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
Comparison by Categories
Comprehensive Comparison: FXOpen vs CMC Markets
FXOpen CMC Markets Investments
62 % 62 %| Investments | FXOpen | CMC Markets |
|---|---|---|
| Currency Pairs (Total Forex pairs) | 95 | 158 |
| CFDs – Total Offered | 110+ | 4500+ |
| Options CFD | No | No |
| Share CFDs | Yes | Yes |
| Forex CFD | Yes | Yes |
| Commodities CFD | Yes | Yes |
| ETF CFD | No | No |
| Indicies CFD | Yes | Yes |
| Cryptocurrency traded as actual | No | No |
| Cryptocurrency traded as CFD | Yes | Yes |
Cost
80 % 80 %| Cost | FXOpen | CMC Markets |
|---|---|---|
| Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. | 1 | 0.8 |
| Deposit from | 100 | 1 |
| Account fee | No | No |
| Inactivity fee | Yes | Yes |
| Active Trader or VIP Discounts | No | No |
| Withdrawal fees | No | No |
| Deposit fees | No | No |
Trading app
43 % 14 %| Trading app | FXOpen | CMC Markets |
|---|---|---|
| Desktop Platform (Windows) | Yes | No |
| Web Platform | No | No |
| Social Trading / Copy-Trading | No | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Currenex | No | No |
| cTrader | No | No |
Trading Tools
100 % 80 %| Trading Tools | FXOpen | CMC Markets |
|---|---|---|
| Financial leverage | Yes | Yes |
| Virtual Trading (Demo) | Yes | Yes |
| Alerts – Basic Fields | Yes | Yes |
| Charting – Indicators / Studies (Total) | Yes | Yes |
| Charting – Drawing Tools (Total) | Yes | Yes |
| Charting – Trade From Chart | Yes | Yes |
| Stop-Loss | Yes | Yes |
| Finacial Calendar | Yes | Yes |
| Daily financial news | Yes | No |
| Order Type – Trailing Stop | Yes | No |
Research
33 % 50 %| Research | FXOpen | CMC Markets |
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Weekly Webinars | No | Yes |
| Social Sentiment – Currency Pairs | No | No |
| Economic Calendar | No | No |
| Research | No | No |
Education
33 % 33 %| Education | FXOpen | CMC Markets |
|---|---|---|
| Has Education – Forex | Yes | Yes |
| Has Education – CFDs | Yes | Yes |
| Client Webinars | No | No |
| Videos – Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
| Education | No | No |
Forex
100 % 100 %| Forex | FXOpen | CMC Markets |
|---|---|---|
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| EUR/USD | Yes | Yes |
| USD/CHF | Yes | Yes |
| USD/CAD | Yes | Yes |
| NZD/USD | Yes | Yes |
| AUD/USD | Yes | Yes |
Commodities
0 % 27 %| Commodities | FXOpen | CMC Markets |
|---|---|---|
| Gold | No | Yes |
| Silver | No | Yes |
| WIT Oil | No | Yes |
| Brent Oil | No | No |
| Coffee | No | No |
| Cocoa | No | No |
| Soybeans | No | No |
| Rice | No | No |
| Corn | No | No |
| Platinum | No | No |
| Palladium | No | No |
Indicies
60 % 60 %| Indicies | FXOpen | CMC Markets |
|---|---|---|
| DAX 40 | Yes | Yes |
| S&P 500 | Yes | Yes |
| Nasdaq | Yes | Yes |
| Dow Jones | No | No |
| Nikkei | No | No |
Cryptocurrencies
20 % 20 %| Cryptocurrencies | FXOpen | CMC Markets |
|---|---|---|
| Bitcoin | Yes | Yes |
| Litecoin | No | No |
| Ethereum | Yes | Yes |
| Ripple | No | No |
| Neo | No | No |
| Stellar | No | No |
| Cardano | No | No |
| Tron | No | No |
| Monero | No | No |
| EOS | No | No |
Regulations
33 % 33 %| Regulations | FXOpen | CMC Markets |
|---|---|---|
| Cysec | No | No |
| ASIC (Australia) | Yes | Yes |
| FCA (UK) | Yes | Yes |
| Authorised in the European Union (EU) | No | No |
| CFTC Registered (USA) | No | No |
| FINMA (Switzerland) | No | No |
Support
100 % 100 %| Support | FXOpen | CMC Markets |
|---|---|---|
| Chat | Yes | Yes |
| Phone | Yes | Yes |
| Yes | Yes |
Overall
36 % 36 %| Overall | FXOpen | CMC Markets |
|---|
Our Recommendations
Best for CMC Markets
Thanks to comprehensive educational materials and a user-friendly platform, CMC Markets is an ideal choice for new traders.
Best Platform FXOpen
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
Both brokers have comparable fee structures and spreads.
FXOpen CMC Markets