PrimeXBT vs CMC Markets

PrimeXBT or CMC Markets – which is better for UK traders 2025? Compare PrimeXBT and CMC Markets in this detailed breakdown of their platforms, features and fees.

PrimeXBT vs CMC Markets Comparison Table 2025
PrimeXBT CMC Markets
rating empty
rating full
4.1
rating empty
rating full
4.7
PrimeXBT is ranked #30 among CFD brokers. CMC Markets is ranked #3 among CFD brokers.
PrimeXBT is a multi-asset platform providing leveraged trading across forex, indices, commodities, and cryptocurrencies. Established in 2018, it now boasts over 1 million users from upwards of 150 countries. Offering copy trading, low commissions, and no minimum deposit, this broker is a favoured choice for those new to crypto trading. 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 online platform and app cater to traders, offering advanced charts, a customisable interface, and multiple order options like one-cancels-the-other (OCO).
  • Trading fees for crypto futures contracts are quite competitive, with maker fees at 0.01% and taker fees at 0.02%.
  • PrimeXBT offers ultra-fast execution speeds, averaging 7.12ms, making it an ideal choice for traders seeking optimal pricing during market volatility.
  • Round-the-clock customer support, accessible through live chat, demonstrated outstanding performance during testing. Additionally, the comprehensive help centre offers ideal self-assistance resources.
  • PrimeXBT has introduced new trading options with the addition of tokens such as 1Inch, Aave, and Injective for exchange and investment.
  • 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
  • Despite enhancements, the range of approximately 100 instruments lags significantly behind competitors, such as OKX, which offers over 400 assets.
  • PrimeXBT operates widely in the crypto sector but without approval from a recognised regulator, significantly increasing the risk for retail traders.
  • The absence of integration with established platforms such as MT4 restricts traders accustomed to the globally popular forex software.
  • 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.
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
  • Best Trading App 2023 - DayTrading.com
  • 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
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Cryptos, Forex, Indices, Commodities, Futures CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
Demo Account
Yes Yes
Minimum Deposit
$0 $0
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
Mobile Apps
iOS & Android iOS & Android
Trading App
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
rating empty
rating full
4.6
rating empty
rating full
4.1
Android App Rating
rating empty
rating full
3.8
rating empty
rating full
3.7
Margin Trading
Yes Yes
Margin Rate
1%
MetaTrader 4
No Yes
MetaTrader 5
No 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
No 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
No Yes
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
PrimeXBT provides an effective trading service that allows traders to emulate the strategies of others using both free and premium signals. After identifying a suitable strategy provider, you can easily begin by selecting 'follow'.
Social Trading
Yes Yes
Trade Signals
No Yes
VPS Hosting
No Yes
Tournaments
Yes No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
$0 $10
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SEK
  • NOK
  • SGD
  • PLN
Commodities
  • Gold
  • Oil
  • Silver
  • Natural Gas
  • Copper
  • Zinc
  • Gold
  • Oil
  • Silver
  • Copper
  • Coffee
  • Wheat
  • Precious Metals
  • Natural Gas
  • Soybeans
  • Orange Juice
  • Nickel
  • Palladium
  • Steel
  • Cannabis
  • Platinum
  • Livestock
  • Sugar
  • Gasoline
CFD
PrimeXBT provides CFDs in four asset classes with leverage reaching 1:1000. Novices can benefit from the broker’s technical analysis guides and CFD education. Additionally, 24/7 live chat support is available on the platform. 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
1:1000 1:30 (Retail), 1:500 (Pro)
FTSE Spread
Variable 1 pt
GBPUSD Spread<
Variable 0.9
Oil Spread
Variable 3.5
Stocks Spread
Variable 0.02
Forex
PrimeXBT provides trading services for more than 50 major, minor, and exotic currency pairs, with the benefit of margin trading and no commission fees. Our recent assessments show the platform to be fast, dependable, and well-equipped, featuring three chart types, ten timeframes, and 91 technical indicators. This makes it ideal for those employing active trading strategies. 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
45+ 300+
GBPUSD Spread
Variable 0.9
EURUSD Spread
0.1 0.7
EURGBP Spread
Variable 1.1
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
Cryptocurrency
Traders can engage in the speculation of popular cryptocurrencies with commissions starting at just 0.05% and leverage reaching up to 1:200. Furthermore, the broker enhances its portfolio by launching crypto futures and hosting trading contests that offer tangible prizes. 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
0.05% BTC, 0.05% ETH From 1.3
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • TRON
  • NEO
  • ADA
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
PrimeXBT 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
PrimeXBT
vs

CMC Markets
vs