FXChoice vs CMC Markets

FXChoice or CMC Markets – which is better for UK traders 2022? Compare FXChoice and CMC Markets in this detailed breakdown of their platforms, features and fees.

FXChoice vs CMC Markets Comparison Table 2022
FXChoice CMC Markets
FXChoice is an offshore retail broker offering MT4 and MT5 platform downloads plus online CFD trading. CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% (April-June 2022) 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.
Rating
4.3 4.7
FCA Regulated
✗ No ✓ Yes
Awards
  • Best Customer Service - January-March 2022 - HelpNow Challenge
  • No.1 Platform Technology 2022
  • No.1 New Tool 2022
  • No.1 Most Currency Pairs 2022
  • Best Trade Execution 2021
  • Best Forex Broker For Beginners 2021
  • Most Transparent Forex Broker Europe 2020
  • Best Trading Platform 2020
  • Best Trading App 2019
  • Best Customer Service 2018
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies, stocks Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Bonus Offer
None None
Demo Account
✓ Yes ✓ Yes
Minimum Deposit
$100 £0
Payment Methods
ADVcash, Bitcoin Payments, FasaPay, Mastercard, Neteller, Paysafecard, Perfect Money, POLi, Skrill, Sticpay, Visa Mastercard, POLi, Visa
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FSC FCA, MAS, ASIC, IIROC
MetaTrader 4
✓ Yes ✓ Yes
MetaTrader 5
✓ Yes ✗ No
cTrader
✗ No ✗ No
DMA Account
✗ No ✗ No
ECN Account
✓ Yes ✗ No
Mobile Apps
Yes iOS and Android
Auto Trading
Yes (EAs) Yes (via MT4)
Trade Signals
✓ Yes ✗ No
Social Trading
✓ Yes ✓ Yes
Copy Trading
✓ Yes ✗ No
Islamic Account
✓ Yes ✗ No
CFD
FXChoice offers leveraged CFD products on a breadth of financial markets.
Leverage
1:200 1:30
FTSE Spread
1.25 1 pt
GBPUSD Spread
98 - 107 0.9
Oil Spread
30 - 49 3.0
Stocks Spread
Variable .10% Var
Forex
Trade 36 forex pairs, including the US Dollar and Euro.
GBPUSD Spread
98 - 107 0.9
EURUSD Spread
80 - 88 0.7
EURGBP Spread
131.09 - 123.6 1.1
Assets
36 300+
Forex App

CMC Markets deliver an award winning app (Shares magazine 2019), compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators.

Cryptocurrency
FXChoice offers trading on leading crypto cross pairs with the US Dollar. Crypto trading not offered
Spread
0.38 - 39 pips
Coins
BTC, LTC, ETH
FXChoice CMC Markets
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% (April-June 2022) 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
FXChoice vs CMC Markets vs