B
CMC Markets logo

CMC Markets

7.5/10
highlow logo

highlow

7.6/10
7/10RegulationWinner10/10
4/10WinnerFees0/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research4/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

CMC Markets was founded in 1989 and is headquartered in UK, while highlow was established in 2011 and is based in Australia. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CMC Markets serves 10,000+ clients worldwide; highlow has 150,000+. The minimum deposit is $200 at CMC Markets and $250 at highlow.

highlow wins this category
FeatureCMC Marketshighlow
Min. Deposit$200$250
RegulationFinancial Conduct Authority (FCA)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F254
Founded19892011
CountryUKAustralia
Clients10,000+150,000+

Fees

Fees are a critical factor when choosing between CMC Markets and highlow, 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 highlow). CMC Markets charges withdrawal fees while highlow does not, a notable advantage for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; highlow does not. highlow charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.

CMC Markets wins this category
FeatureCMC Marketshighlow
Min. Deposit$200$250
Withdrawal FeesYesNo
Inactivity FeesYesNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

CMC Markets offers MT4, MT5, cTrader, while highlow supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. highlow supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureCMC Marketshighlow
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsWeb Trader, Binary, Tablet & Mobile appsMT4, 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 highlow compare. CMC Markets runs regular live webinars; highlow does not. Both provide video tutorials. CMC Markets publishes daily market commentary; highlow does not. Both integrate third-party research tools. CMC Markets maintains an archive of past webinars for on-demand viewing. CMC Markets scores higher overall in education and research.

CMC Markets wins this category
FeatureCMC Marketshighlow
Forex EducationYesYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesYes

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 highlow supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). highlow uniquely supports PayPal and Skrill and Neteller among the two brokers. highlow scores higher on deposit and withdrawal flexibility.

highlow wins this category
FeatureCMC Marketshighlow
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

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 highlow 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.

Tied
FeatureCMC Marketshighlow
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, German, French, Polish, Spanish, Swedish, Italian, and NorwegianEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic