Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
CMC Markets, established in 1989 and listed on a stock exchange, stands out with a solid reputation in the online brokerage landscape. With an impressive Trust Score of 99 out of 99 from ForexBrokers.com, it is regarded as highly trustworthy. CMC Markets holds six Tier-1 licenses, affirming its strong regulatory compliance. While it is not a bank, its extensive market experience and high level of regulatory oversight notably contribute to its credibility and investor confidence.
In contrast, FXGT.com, which entered the market in 2019, does not share the same level of recognition as CMC Markets. It is a privately held company and, like CMC Markets, is not a bank. FXGT.com has a Trust Score of 69, categorizing it as high risk. It holds one Tier-1 and one Tier-2 license, indicating a certain level of regulatory credibility but not as extensive as its competitor. Overall, while both platforms provide online trading services, CMC Markets demonstrates a deeper regulatory commitment and higher trust rating.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Year Founded | 1989 | 2019 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
CMC Markets stands out for low trading costs. It’s rated 5 stars for Commissions and Fees and ranked #1 out of 63 brokers in our 2025 review. Typical EUR/USD spreads averaged 0.61 pips in August 2023. Its FX Active pricing charges $2.50 per side with minimum spreads of 0.0, leading to about a 0.5-pip all-in cost on EUR/USD (and five other pairs). On standard pricing, NZD/USD is about 1.5 pips, dropping to roughly 0.5 pips all-in with FX Active. CMC’s averages have historically stayed close to its minimums, and its Price Plus Scheme can cut costs further—active traders earn Trading Points (2 per standard lot), with a 20% spread discount at Tier 4 after 1,250 standard lots in a month.
FXGT.com provides limited fee transparency, as average spread data is not available. Reflecting that, FXGT.com is rated 3.5 stars for Commissions and Fees and ranked #57 out of 63 brokers.
Bottom line: if you want clearer, typically lower trading costs, CMC Markets generally looks more cost-effective thanks to tight spreads, a commission option with 0.0 minimum spreads, and volume-based discounts. If you’re considering FXGT.com, be aware that the lack of average spread data makes direct cost comparisons difficult—always check the latest live pricing before you trade.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| Average spread (EUR/USD) - Standard account | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 0.65 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets and FXGT.com both support forex trading (available as CFDs or spot contracts), offer copy trading, and provide cryptocurrency CFDs — but neither lets you buy actual crypto. The big difference is choice. CMC Markets lists 12,029 tradeable symbols and 141 forex pairs, versus 117 symbols and 53 pairs at FXGT.com. CMC Markets also lets clients buy exchange-traded shares on U.S. and international exchanges (such as Apple or Vodafone), while FXGT.com does not offer exchange-traded securities.
These gaps are reflected in independent ratings: for Range of Investments, CMC Markets earns 5 stars and ranks #9 out of 63 brokers on ForexBrokers.com, while FXGT.com earns 3 stars and ranks #62. If you want a large selection of markets and the ability to buy listed shares alongside CFDs, CMC Markets may be the better fit. If you prefer a simpler lineup focused on CFDs, copy trading, and crypto CFDs, FXGT.com may suit your needs.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 117 |
| Forex Pairs (Total) | 141 | 53 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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). | 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.
Comparing CMC Markets vs FXGT.com for trading platforms and tools: both brokers provide free demo (paper) accounts, copy trading, and the ability to place trades directly from charts. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with a web-based platform and a Windows desktop download—making them accessible for beginners and experienced traders alike.
Key differences: CMC Markets also offers an in-house proprietary platform, while FXGT.com does not. For Trading Platforms and Tools, ForexBrokers.com rates CMC Markets at 5 stars and ranks it #4 out of 63 brokers, whereas FXGT.com earns 4 stars and is ranked #57. If you want an extra platform choice and a higher-rated toolkit, CMC Markets stands out; if you prefer a MetaTrader-focused setup with copy trading and a demo account, FXGT.com fits the bill.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 73 | 37 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing CMC Markets vs FXGT.com for mobile trading apps: both offer iPhone and Android apps. Each app supports stock and forex price alerts, watchlist syncing with your online account, and drawing tools like trendlines with auto save on charts. Your symbols, alerts, and chart notes stay in sync across devices.
Charting depth is similar, with CMC Markets offering 29 technical studies and FXGT.com offering 30. Where they differ is ratings and rankings: CMC Markets earns 5 stars for Mobile Trading Apps and ranks #5 out of 63 brokers at ForexBrokers.com, while FXGT.com is rated 3.5 stars and ranks #59. If you want the higher-rated overall experience, CMC Markets is the safer pick; if your priority is having slightly more built-in indicators, FXGT.com edges it by one.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 29 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, CMC Markets stands out with daily market commentary and forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. It also offers Autochartist tools for technical and fundamental analysis. Both CMC Markets and FXGT.com provide trader sentiment tools and an economic calendar, and both lack Trading Central and Acuity Trading integrations. CMC Markets does not include TipRanks, and FXGT.com’s use of TipRanks isn’t indicated.
These differences help explain their research scores: CMC Markets earns 5 stars and ranks #6 out of 63 brokers on ForexBrokers.com, while FXGT.com earns 3 stars and ranks #57. In short, CMC Markets delivers a fuller research experience with daily insights and integrated analysis tools, whereas FXGT.com covers the basics with sentiment data and an economic calendar but omits daily commentary and premium news feeds.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing beginner education at CMC Markets vs FXGT.com: CMC Markets offers a wide video library with at least 10 beginner videos and at least 10 advanced videos focused on forex and CFD trading. It does not run monthly educational webinars. FXGT.com’s learning center is leaner—it does not provide 10 beginner videos or 10 advanced videos, and it also does not host monthly webinars. For newcomers, that means CMC Markets delivers a more structured path through video lessons, while FXGT.com offers fewer in-house materials.
Independent reviews reflect this gap. For Education, ForexBrokers.com rates CMC Markets 5 stars and ranks it 10th out of 63 brokers, while FXGT.com earns 3 stars and ranks 61st. If you’re just starting out and want a fuller set of step-by-step videos, CMC Markets is the stronger pick; if you only need a quick primer or plan to learn elsewhere, FXGT.com may still suffice.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that CMC Markets is better than FXGT.com. CMC Markets finished with an overall rank of #4, while FXGT.com finished with an overall rank of #59.
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
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 69 |
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CMC Markets vs FXGT.com: Neither online broker lets you buy actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Both CMC Markets and FXGT.com support ACH/SEPA transfers for deposits and withdrawals; CMC Markets additionally supports PayPal and bank wire transfers and does not support Skrill, while FXGT.com’s availability of PayPal, Skrill, and bank wires is not specified, and Visa/Mastercard availability for both brokers is unspecified.
Please note:
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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0 of 5| Overall Rating | CMC Markets | FXGT.com | |
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| Trust Score | 99 | 69 | |
| Winner | check_circle | ||
| Review | CMC Markets Review |
| Broker Screenshots | CMC Markets | FXGT.com | |
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| Regulation | CMC Markets | FXGT.com | |
|---|---|---|---|
| Trust Score | 99 | 69 | |
| Year Founded | 1989 | 2019 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | Yes | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | Yes | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | CMC Markets | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12029 | 117 | |
| Forex Pairs (Total) | 141 | 53 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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). | 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 | FXGT.com | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 0.65 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | CMC Markets | FXGT.com | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | CMC Markets | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 73 | 37 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 29 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | CMC Markets | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | FXGT.com | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | CMC Markets | FXGT.com | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | CMC Markets Review |
| Overall | CMC Markets | FXGT.com | |
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| Trust Score | 99 | 69 | |
| Winner | check_circle | ||
| Review | CMC Markets Review |
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