FX-Brokers.eu
Menu
Trusted by traders25 brokers tested892 pages indexedIndependent since 2024Updated daily

Similar EU Brokers · April 2026

Best Alternatives to CMC Markets in 2026

Five EU-regulated forex brokers with overall scores closest to CMC Markets. Compare before you commit.

Quick Answer

The top 3 alternatives to CMC Markets are Saxo Bank, Exness, and XTB.

All three are EU-regulated brokers with overall scores within 0.5 points of CMC Markets. See the full comparison below.

ESMA Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% 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.

Why people look for CMC Markets alternatives

Traders typically evaluate alternatives to CMC Markets for one or more of the following reasons:

  • Lower total trading cost — tighter spreads or cheaper commissions, especially for high-volume traders.
  • Stronger regulatory tier — moving to a broker with BaFin or FCA oversight for extra peace of mind.
  • Different platform needs — access to cTrader, TradingView, or a proprietary mobile app that CMC Markets doesn't offer.
  • Wider instrument universe — more stocks, indices, commodities, or crypto CFDs.
  • Better educational resources — structured courses, webinars, and beginner-friendly content.
  • Improved customer support — faster response times, multilingual staff, or extended coverage hours.

Top 5 Alternatives to CMC Markets

Ranked by similarity to CMC Markets's overall score.

  1. 1

    Saxo Bank

    9.0/10

    Saxo Bank is a fully licensed Danish bank offering 72,000+ instruments including real stocks, bonds, and futures via its award-winning SaxoTrader platform.

    Why consider Saxo Bank: stronger regulation, wider platform choice, faster execution

    Min deposit
    None
    EUR/USD
    0.6 pips
    Regulator
    Danish FSA
    Platforms
    3
  2. 2

    Exness

    8.8/10

    Exness is a CySEC-regulated broker with ultra-tight pricing, instant withdrawals, and one of the highest monthly trading volumes in the industry ($4T+).

    Why consider Exness: lower overall fees, faster execution

    Min deposit
    $10
    EUR/USD
    0.0 pips
    Regulator
    CySEC
    Platforms
    4
  3. 3

    XTB

    8.8/10

    XTB is a publicly listed Polish broker with an award-winning xStation platform, commission-free stock investing, and some of the best educational content in Europe.

    Why consider XTB: better education

    Min deposit
    None
    EUR/USD
    0.1 pips
    Regulator
    KNF
    Platforms
    2
  4. 4

    Swissquote is a FINMA-regulated Swiss bank listed on the SIX Exchange, offering 3M+ instruments with banking-level fund protection up to CHF 100,000.

    Why consider Swissquote: stronger regulation

    Min deposit
    $1000
    EUR/USD
    1.3 pips
    Regulator
    FINMA
    Platforms
    3
  5. 5

    Interactive Brokers is a NASDAQ-listed professional brokerage offering the lowest margin rates, 150+ global markets, and the most comprehensive regulatory coverage in the industry.

    Why consider Interactive Brokers: lower overall fees, stronger regulation, faster execution

    Min deposit
    None
    EUR/USD
    0.1 pips
    Regulator
    SEC
    Platforms
    4

Full Comparison Table

CMC Markets alongside the top 5 alternatives.

BrokerScoreFeesRegulationMin DepositEUR/USD
CMC Markets (current)8.98.59.5None0.7 pips average
Saxo Bank9.07.89.7None0.6 pips
Exness8.89.38.8$100.0 pips
XTB8.88.59.3None0.1 pips
Swissquote8.87.29.8$10001.3 pips
Interactive Brokers9.19.09.9None0.1 pips

Frequently Asked Questions

What are the best alternatives to CMC Markets in 2026?
The top 3 alternatives to CMC Markets in 2026 are Saxo Bank, Exness, XTB. All are EU-regulated forex brokers with overall scores within 0.5 points of CMC Markets across fees, platforms, regulation, and execution.
Why might I look for a CMC Markets alternative?
Traders commonly seek alternatives to CMC Markets for reasons such as wanting lower spreads, stronger regulation, a wider platform selection (like cTrader or TradingView), better mobile apps, more instruments, or region-specific features. Comparing against 5 similar brokers helps you find the best fit for your personal trading style.
Is CMC Markets regulated in the EU?
Yes, CMC Markets is regulated by BaFin (Germany), FCA (UK), ASIC (Australia) and is fully ESMA-compliant. All alternatives listed on this page are also EU-regulated and offer negative balance protection for retail clients.
Which CMC Markets alternative is cheapest?
Among the top 5 alternatives to CMC Markets, the broker with the highest fees score (cheapest) is Exness. Always compare spreads, commissions, swaps, and withdrawal fees together rather than looking at spread alone.
Can I open an account with multiple brokers?
Yes. Many active traders maintain accounts with two or more EU-regulated brokers simultaneously to diversify counterparty risk, access different platforms, or take advantage of different pricing models. There is no regulatory restriction on the number of retail broker accounts you can hold within the EU.
Are the listed alternatives also EU-regulated?
Yes, every alternative listed on this page is regulated by at least one recognised EU authority (CySEC, BaFin, FCA, AMF, CONSOB, CNMV, or KNF). They all comply with ESMA rules on leverage, negative balance protection, and client fund segregation.

Still considering CMC Markets?

Read our full CMC Markets review or visit the broker to see the latest offer.

CFD Risk Warning

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% 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.

This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.