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Interactive Comparison Tool

FP Markets vs CMC Markets (2026): Which Broker Is Better?

Compare fees, spreads, minimum deposits, platforms and regulatory information side by side. Conditions vary by country and legal entity.

Data last verified 2026-10-31Sources and verificationHow we compare brokers

Quick verdict

FP Markets has the higher Brokeradar score

FP Markets leads this comparison with an editorial score of 4.8/5. The recorded minimum deposit is the same at No fixed minimum, and the platform ranges are a similar size. The right choice still depends on the entity available in your country and the account type you use.

Comparing 2 brokers

FP Markets
Editorial score
★ 4.8 / 5
Min Deposit
No fixed minimum
Spreads From
0.0 pips
Max Leverage
Up to 1:500
Regulation
ASIC, CySEC, FSCA, CMA Kenya, FSA Seychelles
Platforms
MT4, MT5, cTrader, TradingView
Islamic Accounts
Yes, Swap-Free
Established Year
2005
Data last verified
2026-10-31
Read ReviewOpen Account
CMC Markets
Editorial score
★ 4.6 / 5
Min Deposit
No fixed minimum
Spreads From
0.0 pips on FX Active
Max Leverage
Up to 1:200 (global); 1:30 regulated retail
Regulation
FCA, ASIC, BaFin
Platforms
CMC Platform, MT4, MT5, TradingView
Islamic Accounts
No
Established Year
1989
Data last verified
2026-11-02
Read ReviewOpen Account

FP Markets vs CMC Markets: key differences

Calculated from the recorded data for each broker. The account type and legal entity you are onboarded by can change these figures.

  • Lower minimum deposit

    Level across the compared brokers.

    FP Markets
    No fixed minimum
    CMC Markets
    No fixed minimum

  • Higher maximum leverage

    Advantage: FP Markets

    FP Markets
    Up to 1:500
    CMC Markets
    Up to 1:200 (global); 1:30 regulated retail

  • Platforms only one broker offers

    Platforms available at only one of the compared brokers.

    FP Markets
    cTrader
    CMC Markets
    CMC Platform

  • Licences only one broker holds

    Regulators that appear for only one of the compared brands.

    FP Markets
    CySEC, FSCA, CMA Kenya, FSA Seychelles
    CMC Markets
    FCA, BaFin

  • More account base currencies

    Advantage: FP Markets

    FP Markets
    10
    CMC Markets
    7

  • Inactivity fee

    No inactivity fee recorded at FP Markets.

    FP Markets
    None (FP Markets does not charge inactivity fees)
    CMC Markets
    Entity dependent

  • Longer track record

    Advantage: CMC Markets

    FP Markets
    2005
    CMC Markets
    1989

FP Markets vs CMC Markets: fees and spreads

FP Markets trading costs

Published spreads start from 0.0 pips. The minimum deposit recorded is No fixed minimum. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.

CMC Markets trading costs

Published spreads start from 0.0 pips on FX Active. The minimum deposit recorded is No fixed minimum. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.

Regulation and country availability

A broker brand can serve customers through multiple legal entities. Licenses, leverage limits and compensation arrangements may therefore differ between two customers using the same brand.

FP Markets

Licenses recorded: ASIC, CySEC, FSCA, CMA Kenya, FSA Seychelles.

Review FP Markets safety details

CMC Markets

Licenses recorded: FCA, ASIC, BaFin.

Review CMC Markets safety details

Who should choose each broker?

Choose FP Markets if…

  • ✓ Spreads from 0.0 pips
  • ✓ ASIC & CySEC regulated
  • ✓ Multiple platforms including cTrader

Consider first: Funding minimums depend on the selected payment method; No inactivity fees.

Choose CMC Markets if…

  • ✓ FCA and ASIC regulated operating entities
  • ✓ No fixed minimum deposit
  • ✓ Large instrument range and strong proprietary platform

Consider first: Platform and product availability varies substantially by region; FX Active adds commission to raw spreads.

Sources and verification

Figures on this page come from the Brokeradar dataset and should be verified against the official broker pages and regulator registers below before you fund an account. Entity, leverage and fee schedules change and vary by country.

How we compare brokers

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