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 | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 0.65 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing CMC Markets vs FXGT.com for range of investments, both support forex trading (available as CFDs or spot, depending on the product and region). The scale is very different, though: CMC Markets lists 12,029 tradeable symbols and 141 forex pairs, while FXGT.com offers 117 symbols and 53 forex pairs. If you want lots of markets and pairs to pick from, CMC Markets clearly covers more ground; FXGT.com focuses on a smaller lineup.
CMC Markets also lets clients buy exchange-traded shares on both U.S. and international exchanges, whereas FXGT.com does not offer real share dealing. Both brokers provide copy trading and cryptocurrency derivatives, but neither sells actual (delivered) crypto. Reflecting this breadth, CMC Markets earns 5 stars and ranks 9th out of 63 brokers for Range of Investments on ForexBrokers.com; FXGT.com earns 3 stars and ranks 62nd.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 117 |
| Forex Pairs (Total) | 141 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
CMC Markets and FXGT.com both cover the essentials: each offers a free demo account for simulated trading, web-based and Windows desktop platforms, copy trading, and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). A key difference is that CMC Markets also provides a proprietary, in-house trading platform, while FXGT.com focuses on third-party platforms. Neither broker supports DupliTrade or ZuluTrade.
For charting and workflow, CMC Markets lists 36 drawing tools versus 23 at FXGT.com, and both let you place trades directly from the chart. Watchlists are more detailed at CMC Markets (11 columns) compared with FXGT.com (5 columns). While the exact number of built-in technical indicators isn’t specified here, independent ratings favor CMC Markets: 5/5 stars and ranked #4 out of 63 for Trading Platforms and Tools, versus FXGT.com’s 4/5 stars and #57 ranking.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 73 | 37 |
| Charting - Drawing Tools (Total) | 36 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both the CMC Markets mobile app and the FXGT.com mobile app are available on iPhone and Android, and both cover the essentials for trading on the go. You can set price alerts, build real-time watchlists that sync with your online account, draw trendlines, switch between multiple time frames, and your chart drawings auto-save. For charting, CMC Markets includes 29 technical studies, while FXGT.com offers 30, so indicator choice is nearly the same.
Where they differ is overall quality and recognition. According to ForexBrokers.com, CMC Markets earns 5 stars and ranks #5 out of 63 brokers for Mobile Trading Apps, whereas FXGT.com scores 3.5 stars and ranks #59. If you want a top-rated, polished mobile trading experience for forex and stocks, CMC Markets is the safer pick. If you’re fine with the basics and like having a comparable set of indicators, FXGT.com can still get the job done.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 29 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners who want structured forex and CFD education, CMC Markets stands out. It offers at least 10 educational pieces, plus at least 10 beginner videos and 10 advanced videos to help you grow from the basics to more complex topics. While CMC Markets doesn’t run monthly live webinars, it does provide a searchable archive of recorded webinars so you can learn on your own schedule. It also includes an investor dictionary with 50+ terms. Reflecting this depth, CMC Markets earns 5 stars for Education and is ranked #10 out of 63 brokers by ForexBrokers.com.
FXGT.com is lighter on beginner education. It does not meet the threshold of 10+ forex or CFD learning pieces and doesn’t offer monthly webinars or a searchable archive of recorded sessions. It also lacks 10+ beginner or advanced video lessons. On the plus side, FXGT.com does provide an investor dictionary with 50+ terms. Overall, FXGT.com receives 3 stars for Education and ranks #61 out of 63 brokers. For new traders seeking more guided learning and videos, CMC Markets is likely the better fit, while both brokers cover basic definitions.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 69 |
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Both CMC Markets and FXGT.com provide options for trading cryptocurrency derivatives, but neither platform offers the ability to purchase actual, delivered cryptocurrencies.
When comparing the online brokers CMC Markets and FXGT.com, both platforms support ACH and SEPA transfers, Visa or Mastercard, and bank wire options for depositing or withdrawing funds, while only CMC Markets offers PayPal, and neither supports Skrill.
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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 0.65 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | CMC Markets | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | CMC Markets | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 5 | |
| Charting - Indicators / Studies (Total) | 73 | 37 | |
| Charting - Drawing Tools (Total) | 36 | 23 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 29 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | CMC Markets | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | CMC Markets | FXGT.com | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| 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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