B

Advanced Global Markets

5.9/10
CMC Markets logo

CMC Markets

7.5/10
7/10RegulationTied7/10
0/10FeesWinner4/10
9/10PlatformsTied9/10
6/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while CMC Markets was established in 1989 and is based in UK. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while CMC Markets is regulated by Financial Conduct Authority (FCA) among others. Advanced Global Markets serves 10,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $200 at CMC Markets.

CMC Markets wins this category
FeatureAdvanced Global MarketsCMC Markets
Min. Deposit$500$200
RegulationCyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA)
Founded19921989
CountryCyprusUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Advanced Global Markets and CMC Markets, directly affecting your bottom line as a trader. CMC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Advanced Global Markets). Both brokers charge withdrawal fees. CMC Markets applies inactivity fees on dormant accounts; Advanced Global Markets does not. Advanced Global Markets charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.

CMC Markets wins this category
FeatureAdvanced Global MarketsCMC Markets
Min. Deposit$500$200
Withdrawal FeesYesYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

Advanced Global Markets offers MT4, MT5, cTrader, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureAdvanced Global MarketsCMC Markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4Web Trader, Binary, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and CMC Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. CMC Markets scores higher overall in education and research.

CMC Markets wins this category
FeatureAdvanced Global MarketsCMC Markets
Forex EducationNoYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistNoYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CMC Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.

Tied
FeatureAdvanced Global MarketsCMC Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Advanced Global Markets supports 2 languages and CMC Markets supports 8, giving CMC Markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureAdvanced Global MarketsCMC Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, German, French, Polish, Spanish, Swedish, Italian, and Norwegian