FP Markets vs CMC Markets
FP Markets or CMC Markets – which is better for UK traders 2025? Compare FP Markets and CMC Markets in this detailed breakdown of their platforms, features and fees.
FP Markets | CMC Markets |
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FP Markets is ranked #60 among CFD brokers. | CMC Markets is ranked #3 among CFD brokers. |
Founded in 2005 in Australia, FP Markets is a broker regulated by both ASIC and CySEC. It offers a wide range of tradable assets and provides Standard and Raw accounts suitable for traders of all levels. The platform excels in tools, featuring the MetaTrader suite, user-friendly TradingView, and practical insights from Trading Central and AutoChartist. | 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 | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$40 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, CySEC, FSA, CMA | FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA |
Mobile Apps | |
iOS & Android | iOS & Android |
Trading App | |
FP Markets lacks a proprietary web or mobile app, which may deter beginners. Yet, mobile versions of MT4/MT5, cTrader, and TradingView provide real-time quotes, advanced charts, account management, and order execution. Australian clients gain exclusive access to the Iress mobile platform, featuring advanced analytics, module linking, and portfolio management. | CMC Markets' award-winning app has revolutionised mobile trading. Its modern, customisable interface provides a unique user experience that sets it apart. Enhanced with 25 technical indicators, 15 drawing tools, and a swift, stable trading platform, it is an outstanding option for traders. |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
Margin Rate | |
1% | |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | No |
cTrader | |
Yes | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | Yes |
Autochartist | |
Yes | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
Yes | No |
MAM Account | |
Yes | 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 | |
Yes | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
FP Markets has launched its own social copy trading platform and provides access to the MetaTrader signals market. Additionally, it supports Myfxbook, making FP Markets a strong choice for social copy trading. Despite the platform being less user-friendly than cTrader Copy, these features enhance its appeal for traders. | |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$0 | $10 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
FP Markets provides CFD trading across an excellent range of financial instruments, including stocks, major global indices, commodities, metals, cryptocurrencies, and bonds. Traders benefit from competitive spreads, rapid execution, and leverage up to 1:500, supported by top-tier liquidity. This ensures a smooth and efficient experience for short-term market participants. | 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 | |
1:30 (UK), 1:500 (Global) | 1:30 (Retail), 1:500 (Pro) |
FTSE Spread | |
1.64 | 1 pt |
GBPUSD Spread< | |
1.9 average | 0.9 |
Oil Spread | |
0.04 | 3.5 |
Stocks Spread | |
Variable | 0.02 |
Forex | |
FP Markets is an outstanding choice for forex enthusiasts, offering more than 70 currency pairs, with an expanded range of exotic options. Traders benefit from competitive pricing, with average spreads as low as 0.1 on EUR/USD in the Raw account. | 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 | |
70+ | 300+ |
GBPUSD Spread | |
0.2 | 0.9 |
EURUSD Spread | |
0.1 | 0.7 |
EURGBP Spread | |
0.3 | 1.1 |
Currency Indices | |
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Cryptocurrency | |
FP Markets offers CFDs on major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Traders can engage in speculation on price fluctuations through these derivatives. However, direct coin ownership is not provided. Additionally, emerging tokens for avid crypto traders are not available on FP Markets. | 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 | |
17.3 (Bitcoin) | From 1.3 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
FP Markets | CMC Markets |
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. | |
More Comparisons | |
FP Markets vs |
CMC Markets vs |