Trade Nation vs CMC Markets
Trade Nation or CMC Markets – which is better for UK traders 2026? Compare Trade Nation and CMC Markets in this detailed breakdown of their platforms, features and fees.
| Trade Nation | CMC Markets |
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| Trade Nation is ranked #4 among CFD brokers. | CMC Markets is ranked #15 among CFD brokers. |
| Trade Nation is a leading FX and CFD broker regulated in the UK and Australia, among other places. The company provides competitively priced fixed and variable spreads on over 1,000 assets. Traders benefit from advanced platforms and comprehensive training materials. Additionally, the Signal Centre offers valuable trade ideas. | 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. |
| 67.3% of retail investor accounts lose money when trading CFDs with this provider. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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 | |
| Yes | Yes |
| Instruments | |
| CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only) | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting, Certificates and Warrants (Germany and Austria) |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $0 | $0 |
| Payment Methods | |
| Minimum Trade | |
| 0.1 Lots | 0.01 Lots |
| Regulator | |
| FCA, ASIC, CMVM , FSCA, SCB, FSA | 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 | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 3.0% | |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| Yes | 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 | |
| Yes | 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 | |
| Trade Nation Seychelles provides signals and copy trading, appealing to novices and those preferring a passive trading strategy. Capitalise on experienced traders' insights to engage in popular financial markets like forex, stocks, and commodities. | |
| Social Trading | |
| No | 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 | |
| $0 | $15 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Trade leveraged CFDs on 1,000+ assets, benefiting from competitive spreads. Utilise the broker's integrated signals to decide optimal entry and exit points. | 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 | 1:30 (Retail), 1:500 (Pro) |
| FTSE Spread | |
| From 0.4 | 1 pt |
| GBPUSD Spread< | |
| From 0.6 | 0.9 |
| Oil Spread | |
| From 3.0 | 3.5 |
| Stocks Spread | |
| Variable | 0.02 |
| Forex | |
| Trade Nation provides more than 30 popular forex pairs with variable spreads. Traders can choose between a user-friendly proprietary platform and MetaTrader 4. Real-time forex market updates and insights are available through 'Smart News'. | 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 | |
| 33 | 300+ |
| GBPUSD Spread | |
| Variable | 0.9 |
| EURUSD Spread | |
| Variable | 0.7 |
| EURGBP Spread | |
| Variable | 1.1 |
| Currency Indices | |
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| Cryptocurrency | |
| The broker’s Bahamas entity facilitates access to cryptocurrencies. Traders can utilise a vast array of indicators to customise their strategies, with transparent pricing and no hidden fees. | 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 | |
| Fixed | 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 |
| Trade Nation | CMC Markets |
| 67.3% of retail investor accounts lose money when trading CFDs with this provider. | Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. |
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