4xCube or CMC Markets – which is better for UK traders 2025? Compare 4xCube and CMC Markets in this detailed breakdown of their platforms, features and fees.
4xCube operates as an online forex and CFD broker, licensed in the Cook Islands. Clients have the opportunity to engage in trading across key financial markets. They can select from three account types, tailored to their capital and chosen trading strategy.
Founded in 1989, CMC Markets is a reputable broker publicly listed on the London Stock Exchange. It holds authorisation from top-tier regulators such as the FCA, ASIC, and CIRO. The brokerage, which has received multiple awards, boasts a global membership exceeding one million traders.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Pros
The top-tier trading platforms, MetaTrader 4 and MetaTrader 5, are accessible.
A broad range of payment options, including bank cards
Trade commission-free with spreads starting at just 0.1 pips.
Swift execution of trades via liquidity providers.
Top Trading Courses and Guides for Beginners
For those new to trading, high-quality courses and guides are essential. These resources provide foundational knowledge and practical insights, enabling aspiring traders to navigate the markets with confidence.
1. **Beginner-Friendly Courses**: Look for courses that cover key concepts such as market analysis, risk management, and trading strategies. These should be designed to accommodate novice traders, ensuring complex ideas are presented clearly and concisely.
2. **Comprehensive Guides**: Opt for guides that offer step-by-step instructions on setting up trading accounts, executing trades, and interpreting market data. The ideal guide should also include tips on developing disciplined trading habits and understanding market trends.
3. **Varied Learning Formats**: Consider resources that use a mix of videos, written material, and interactive elements to cater to different learning styles and reinforce understanding.
In sum, selecting the right educational materials is crucial for building a solid trading foundation.
Welcome bonuses and trading promotions offer enticing offers to traders. These incentives attract individuals to professional trading platforms by providing them with additional capital. Such promotions are typically designed to enhance the trading experience, encouraging greater engagement and offering potential for increased returns. Traders should evaluate these offers, considering terms and conditions, to leverage them effectively.
Extensive trading network on Discord
Hokocloud's trading tool offers a simplified way to engage in the financial markets. Designed for both novice and seasoned traders, this platform provides the ability to mirror the activities of successful traders seamlessly. With its user-friendly interface and advanced analytics, Hokocloud equips users with the insights needed for informed decision-making.
The CMC web platform offers an exceptional user experience with sophisticated charting tools for trading and customisable options, suitable for both novice and seasoned traders. It supports MT4 but not MT5, and TradingView will be available from 2025.
We've upgraded the 'Assets & Markets' rating due to frequent product enhancements in early 2025. These include extended trading hours for US stocks and the introduction of new share CFDs.
CMC provides competitive pricing with narrow spreads and low trading fees, except for stock CFDs. The Alpha and Price+ programmes offer additional benefits for active traders, including discounts on spreads of up to 40%.
CMC Markets is well-regulated by respected financial authorities, ensuring a secure and reliable trading environment. It upholds a strong reputation, providing traders with confidence.
The brokerage excels with an extensive array of valuable resources, such as pattern recognition scanners, webinars, tutorials, news feeds, and research from reputable sources like Morningstar.
Cons
The broker lacks regulation from a reputable authority.
Elevated charges for certain payment options.
US clients are not eligible.
Although there have been improvements, the online platform still needs further refinement to match the user-friendly trading experience offered by competitors such as IG.
CMC provides a robust range of assets; however, it does not support trading actual stocks, and UK clients are unable to trade cryptocurrencies.
Trading stock CFDs comes with a relatively high commission, particularly when compared to low-cost brokers such as IC Markets.
A monthly inactivity charge of $10 is imposed after a year's inactivity, potentially discouraging occasional traders.
The CMC Markets app provides a comprehensive trading package; however, its design and user experience lag behind market leaders such as eToro.
The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for traders.
iOS App Rating
4.8
4.1
Android App Rating
4.6
3.7
Margin Trading
No
Yes
Margin Rate
1%
MetaTrader 4
Yes
Yes
MetaTrader 5
Yes
No
cTrader
No
No
AlgoTrader
No
No
OmniTrader
No
No
TradingView
No
Yes
Autochartist
No
No
eSignal
No
No
Trading Central
No
No
STP Account
No
No
ECN Account
No
No
DMA Account
No
No
MAM Account
No
No
PAMM Account
Yes
No
LAMM Account
No
No
Demat Account
No
No
AI / Machine Learning
No
No
Robo Advisor
No
No
Negative Balance Protection
No
Yes
Market Maker
No
Yes
P2P Trading
No
No
Spot Trading
No
Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader
Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes
No
Social Trading
Yes
Yes
Trade Signals
Yes
Yes
VPS Hosting
No
Yes
Tournaments
No
No
Demo Competitions
No
Yes
Ethical Investing
No
No
Custodial Account
No
No
Guaranteed Stop Loss
No
Yes
Inactivity Fee
$10
Islamic Account
Yes
Yes
Account Currencies
USD
BRL
USD
EUR
GBP
CAD
AUD
NZD
SEK
NOK
SGD
PLN
Commodities
Gold
Silver
Gold
Oil
Silver
Copper
Coffee
Wheat
Precious Metals
Natural Gas
Soybeans
Orange Juice
Nickel
Palladium
Steel
Cannabis
Platinum
Livestock
Sugar
Gasoline
CFD
Engage in CFD trading on forex, indices, metals, oil, and cryptocurrencies with leverage as high as 1:500. Benefit from competitive spreads and choose between zero commission or raw spreads.
CMC enables trading of CFDs on over 12,000 assets, including currencies, indices, commodities, shares, ETFs, and treasuries. In 2025, new equities will feature sectors like quantum computing, AI learning, and digital car sales. Enjoy competitive spreads without hidden fees, and leverage the renowned MetaTrader 4 platform. Consistently, CMC stands out as a leading CFD broker.
Leverage
1:400
1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.3
1 pt
GBPUSD Spread<
1.1
0.9
Oil Spread
0.08
3.5
Stocks Spread
Variable
0.02
Forex
4xCube provides over 60 currency pairs with favourable trading conditions. Notably, all trading strategies, such as scalping and hedging, are allowed.
CMC offers a broad selection of over 300 forex pairs, featuring tight spreads and quick execution. This exceeds many competitors in currency variety. Their forex indices provide a distinctive and comprehensive method to speculate on major currencies such as USD, EUR, and GBP.
Assets
50+
300+
GBPUSD Spread
1.1
0.9
EURUSD Spread
0.7
0.7
EURGBP Spread
0.9
1.1
Currency Indices
USD
EUR
GBP
JPY
CAD
AUD
NZD
CHF
Cryptocurrency
Trade five cryptocurrency CFDs: BTC, BCH, ETH, LTC, and XRP against the USD, with leverage up to 1:20. Cryptocurrencies are available for trading 24/7, including weekends.
CMC Markets provides trading opportunities with popular digital currencies such as Bitcoin. However, it excels in offering crypto indices, granting broader market exposure. With minimal slippage and an impressive 99.9% fill rate, CMC is an excellent choice for active traders in the cryptocurrency sector.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.