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CMC Markets vs FXOpen 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of CMC Markets vs FXOpen, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

CMC Markets
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 12029
FXOpen
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 76
  • Tradeable Symbols (Total): 87

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

When comparing CMC Markets and FXOpen, there are a few key differences in their regulatory standings and trustworthiness. CMC Markets, established in 1989, is a publicly traded company with an impressive Trust Score of 99 out of 99 according to ForexBrokers.com, indicating it is highly trusted. The broker holds six Tier-1 licenses and one Tier-2 license, ensuring top-tier security and reliability for its clients. While not a bank, CMC Markets' solid regulatory framework underscores its commitment to client safety.

On the other hand, FXOpen, founded in 2003, is not publicly traded and carries a Trust Score of 76, classifying it as average risk according to ForexBrokers.com. FXOpen holds two Tier-1 licenses but does not possess any Tier-2 licenses. Though FXOpen is not a bank either, its relatively lower number of high-grade regulatory licenses suggests a moderate trust level. Both brokers offer unique benefits, but CMC Markets stands out with its higher trust rating and greater regulatory credentials.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Year Founded info 1989 2003
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 6 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0

Fees

When comparing commissions and fees between online brokers, CMC Markets stands out prominently, having secured the top spot in the 2025 Annual Awards for Commissions and Fees. With a five-star rating, CMC offers consistently low spreads, averaging 0.61 pips on popular pairs like the EUR/USD, surpassing industry standards. Their Price Plus Scheme offers substantial discounts for active traders, rewarding trading volume and encouraging cost-effective trading through its tiered system. Furthermore, CMC’s FX Active pricing structure—available in select regions—features a commission of $2.50 per side with spreads starting from zero, reinforcing its reputation as a price leader.

On the other hand, FXOpen, which earns a respectable four-star rating, ranks 45th out of 63 brokers in the Commissions and Fees category as per ForexBrokers.com. While FXOpen does not publicize average spread data, it supports both retail and professional traders with a cost structure that, while not as aggressively priced as CMC Markets, still accommodates a broad range of trading styles and preferences.

Overall, CMC Markets excels in providing affordable trading options, with highly competitive spreads and innovative programs to minimize costs further. FXOpen, although ranked lower, still offers a reliable alternative with its own pricing strategies, ensuring it remains a viable choice for various traders. Both brokers cater to different needs, making it essential for potential clients to evaluate their specific commission structures and incentives thoroughly.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Minimum Deposit info $0 $100
Average Spread EUR/USD - Standard info 1.3 info N/A info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Active Trader or VIP Discounts info Yes Yes
ACH or SEPA Transfers info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When it comes to the range of investments, CMC Markets offers far more choice than FXOpen. Both brokers let you trade forex as CFDs or spot, but the depth of markets is very different: CMC Markets lists 12,029 tradeable symbols and 141 forex pairs, while FXOpen offers 87 symbols and 25 pairs. CMC Markets also gives clients access to real, exchange-traded stocks on U.S. and international markets (think shares like Apple on NASDAQ or Vodafone in London), whereas FXOpen does not offer exchange-traded shares.

Both brokers support copy trading and allow trading in cryptocurrency derivatives, but neither lets you buy actual, delivered crypto. Reflecting the broader product lineup, CMC Markets earns 5 stars for Range of Investments and ranks 9th out of 63 brokers on ForexBrokers.com. FXOpen earns 3 stars and ranks 63rd out of 63. If having more markets to choose from matters to you, CMC Markets is the clear winner in this comparison.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12029 87
Forex Pairs (Total) info 141 25
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Comparing CMC Markets vs FXOpen on trading platforms and tools: both brokers offer free demo (paper) accounts, web platforms, and Windows desktop platforms, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5). CMC Markets also provides its own in-house platform, while FXOpen does not. Copy trading is available at both, and FXOpen supports ZuluTrade whereas CMC Markets does not. Neither broker supports DupliTrade.

For charting and workflow, both let you place trades directly from charts. CMC Markets lists 36 drawing tools compared with 15 at FXOpen, and offers 11 watchlist columns versus 7 at FXOpen for more flexible tracking. According to ForexBrokers.com, CMC Markets earns 5 stars and ranks 4th out of 63 brokers for Trading Platforms and Tools, while FXOpen earns 4 stars and ranks 54th.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 73 30
Charting - Drawing Tools (Total) info 36 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 11 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Comparing the CMC Markets and FXOpen mobile trading apps, both offer iPhone and Android apps with real-time watchlists, price alerts, trendline drawing, and multiple time frames for charts. CMC Markets includes 29 technical studies, while FXOpen offers 30. A key difference is convenience: CMC Markets syncs watchlists between the mobile app and your online account, and it auto-saves chart drawings. FXOpen does not support watchlist syncing or auto-saving drawings.

For overall quality, CMC Markets earns 5 stars and ranks #5 out of 63 brokers for Mobile Trading Apps (ForexBrokers.com), while FXOpen holds 4 stars and ranks #55. If you want seamless watchlist syncing and saved chart work, CMC Markets is the stronger pick. If you want slightly more built-in indicators, FXOpen provides 30 studies but with fewer convenience features.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 29 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

CMC Markets and FXOpen both deliver daily market commentary, premium forex news from sources like Bloomberg, Reuters, or Dow Jones, and an economic calendar. The key differences show up in the tools: CMC Markets adds Autochartist-powered technical analysis and a sentiment tool that reveals long/short positioning across instruments. Neither broker offers Trading Central. CMC Markets does not include TipRanks or Acuity Trading; FXOpen’s use of TipRanks or Acuity Trading isn’t specified. FXOpen does not offer Autochartist or a sentiment tool.

These gaps help explain the ratings: CMC Markets earns 5 stars for Research and ranks 6th out of 63 brokers on ForexBrokers.com, while FXOpen holds 3 stars and ranks 64th. If you want trade-idea automation and sentiment insights alongside news and calendars, CMC Markets is the stronger fit; if you only need the basics—commentary, top-tier news, and a calendar—FXOpen covers those essentials.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing CMC Markets and FXOpen for beginner-friendly education, CMC Markets clearly offers more to learn from. It provides at least 10 forex/CFD education pieces, 10+ beginner videos, 10+ advanced videos, and a searchable archive of recorded webinars. Both brokers lack monthly live educational webinars, and both include an investor dictionary with 50+ terms. FXOpen, however, does not meet the minimum of 10 forex/CFD education pieces, does not offer large libraries of beginner or advanced videos, and has no searchable webinar archive. For education quality, CMC Markets is rated 5 out of 5 stars and ranks #10 of 63 brokers, while FXOpen is rated 3 out of 5 stars and ranks #59 of 63 on ForexBrokers.com.

If you’re new to trading and want structured lessons, video courses, and recorded webinars you can revisit, CMC Markets will likely serve you better. If you only need a basic glossary, both brokers provide that, but CMC Markets delivers a much broader learning path for building skills in forex and CFD trading.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that CMC Markets is better than FXOpen. CMC Markets finished with an overall rank of #4, while FXOpen finished with an overall rank of #54.

CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.

Feature CMC Markets logoCMC Markets
FXOpen logoFXOpen
Overall Rating info 5/5 Stars 3.5/5 Stars
Trust Score info 99 76
Range of Investments 5/5 Stars 3/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with CMC Markets or FXOpen?

Both CMC Markets and FXOpen do not provide the option to buy actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers, CMC Markets offers more diverse account funding options with ACH, SEPA, PayPal, Visa/Mastercard, and bank wires, whereas FXOpen provides Visa/Mastercard, Skrill, and bank wires but does not support ACH, SEPA, or PayPal transfers.

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Overall Rating CMC Markets FXOpen
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 99 76
Winner check_circle
Review CMC Markets Review
Broker Screenshots CMC Markets FXOpen
Broker Gallery (click to expand) info
CMC Markets Next Generation mobile trade ticket order. CMC Markets Next Generation web platform layout light theme CMC Markets research weekly outlook detail. CMC Markets OPTO Podcast.
Regulation CMC Markets FXOpen
Trust Score info 99 76
Year Founded info 1989 2003
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 6 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0
Tier-1 Licenses (Highly Trusted) CMC Markets FXOpen
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) CMC Markets FXOpen
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments CMC Markets FXOpen
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12029 87
Forex Pairs (Total) info 141 25
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost CMC Markets FXOpen
Average Spread EUR/USD - Standard info 1.3 info N/A info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding CMC Markets FXOpen
Minimum Deposit info $0 $100
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes No
Trading Platforms CMC Markets FXOpen
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools CMC Markets FXOpen
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 11 7
Charting - Indicators / Studies (Total) info 73 30
Charting - Drawing Tools (Total) info 36 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading CMC Markets FXOpen
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 29 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes Yes
Research CMC Markets FXOpen
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No No
TipRanks info No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education CMC Markets FXOpen
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs CMC Markets FXOpen
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review CMC Markets Review
Overall CMC Markets FXOpen
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3/5 Stars
Trust Score info 99 76
Winner check_circle
Review CMC Markets Review
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