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CMC Markets vs FXCM

Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.

CM
CMC Markets
Est. 1989 · London, UK
8.9
VS
F
FXCM
Est. 1999 · London, UK
8.1

Quick Verdict

CMC Markets
7 categories won
Tied
0 categories
FXCM
0 categories won

CMC Markets scores higher overall at 8.9/10 vs 8.1/10.

Score Comparison

OverallCMC Markets wins
CMC Markets8.9
FXCM8.1
Fees & CostsCMC Markets wins
CMC Markets8.5
FXCM8.0
PlatformsCMC Markets wins
CMC Markets9.2
FXCM8.2
RegulationCMC Markets wins
CMC Markets9.5
FXCM8.5
ExecutionCMC Markets wins
CMC Markets8.8
FXCM8.5
SupportCMC Markets wins
CMC Markets8.3
FXCM7.8
EducationCMC Markets wins
CMC Markets8.7
FXCM8.0
InstrumentsCMC Markets wins
CMC Markets9.5
FXCM7.8

Trading Conditions

ConditionCMC MarketsFXCM
Min DepositNone£50
EUR/USD Spread0.7 pips average0.2 pips (Active Trader), 1.3 pips (Standard)
CommissionNone (spread-only)None (spread-only on all accounts)
Leverage (Retail)30:130:1
Leverage (Pro)500:1400:1
Swap-FreeNoNo
Withdrawal FeeFreeFree

Platform Comparison

CMC Markets Platforms

  • Next Generation Platform
  • MetaTrader 4
Account Types:

CFD, Spread Betting (UK), Stockbroking

FXCM Platforms

  • Trading Station
  • MetaTrader 4
  • TradingView
  • ZuluTrade
Account Types:

Standard, Active Trader

Regulation & Safety

CMC Markets Regulation

BaFinGermanyFCAUKASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

ICF up to EUR 20,000

FXCM Regulation

FCAUKASICAustralia
ESMA CompliantYes
Neg. Balance ProtectionYes
Segregated FundsYes
Compensation Scheme

FSCS up to GBP 85,000 (UK entity)

Overall Verdict

WinnerCMC Markets8.9

CMC Markets takes the overall win with a score of 8.9 vs 8.1, winning 7 out of 7 individual categories compared to FXCM's 0.

In terms of costs, CMC Markets also leads on fees. On the regulatory front, CMC Markets and offers stronger regulatory protection.

Choose CMC Markets if you prioritise its strengths in the categories where it leads. Choose FXCM if you value the specific areas where it scores higher, such as its specific use case.

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.