CMC Markets
fx global markets
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Overview
CMC Markets was founded in 1989 and is headquartered in UK, while fx global markets was established in 2017 and is based in United States. CMC Markets holds licences including Financial Conduct Authority (FCA), while fx global markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. CMC Markets serves 10,000+ clients worldwide; fx global markets has 10,000+. The minimum deposit is $200 at CMC Markets and $250 at fx global markets.
| Feature | CMC Markets | fx global markets |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 |
| Founded | 1989 | 2017 |
| Country | UK | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CMC Markets and fx global markets, directly affecting your bottom line as a trader. CMC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $250 at fx global markets). Both brokers charge withdrawal fees. CMC Markets applies inactivity fees on dormant accounts; fx global markets does not. fx global markets charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | CMC Markets | fx global markets |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
CMC Markets offers MT4, MT5, cTrader, while fx global markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx global markets supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | CMC Markets | fx global markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Binary, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CMC Markets and fx global 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. The two brokers are evenly matched on educational content.
| Feature | CMC Markets | fx global markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CMC Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | CMC Markets | fx global markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CMC Markets and fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | CMC Markets | fx global markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |