Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs FxPro, 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.
When comparing online brokers CMC Markets and FxPro, there are several key aspects to consider. CMC Markets, established in 1989, is publicly traded but not a bank, while FxPro, founded in 2006, is a bank but not publicly traded. In terms of trust and regulation, CMC Markets holds an impressive six Tier-1 licenses and one Tier-2 license, which reflect its high level of confidence among regulators. On the other hand, FxPro has secured two Tier-1 licenses and one Tier-2 license, demonstrating a commendable level of trust. The Trust Score rating by ForexBrokers.com highlights CMC Markets as highly trusted with a score of 99, while FxPro also fares well with a trusted score of 93.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Year Founded | 1989 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 6 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Comparing commissions and fees, CMC Markets clearly undercuts FxPro. CMC Markets earns 5/5 stars and ranks #1 of 63 brokers for pricing, while FxPro holds 4/5 stars and ranks #33. CMC’s low spreads are available across all account types, whereas FxPro’s pricing generally sits above the industry average.
CMC Markets posts typical EUR/USD spreads of 0.61 pips (August 2023). Its FX Active plan charges $2.50 per side with minimum spreads of 0.0, delivering a 0.5 pip all-in cost on EUR/USD and five other pairs (August 2023); for example, NZD/USD drops from 1.5 pips on the standard account to 0.5 pips all-in with FX Active. The Price Plus Scheme rewards high-volume traders with tiered spread discounts based on Trading Points (two points per 100,000-unit lot; 1,250 lots in a month unlocks a 20% discount at Tier 4). CMC’s averages tend to track its minimums closely, reinforcing its #1 ranking and 5/5 score for commissions and fees.
FxPro’s most competitive pricing appears on cTrader with commission-based trading: the effective EUR/USD cost is about 1.27 pips, combining a 0.37-pip average spread with a 0.9-pip commission-equivalent (August 2020). On MT4/MT5 variable spreads, EUR/USD averages around 1.58 pips on market execution (1.51 on MT5) and 1.71 pips on instant execution (August 2020). cTrader has no minimum stop/limit distance, while MetaTrader requires at least 1 pip. FxPro’s Elite Active Trader program offers up to 30% discounts, but net costs still trail leading low-cost brokers—reflected in its 4/5 stars and #33 of 63 ranking for commissions and fees.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.51 |
| All-in Cost EUR/USD - Active | 0.65 | 1.27 |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets offers a wider range of investments than FxPro. CMC Markets lists 12,029 tradeable symbols and 141 forex pairs, while FxPro provides 2,249 symbols and 70 forex pairs. Both brokers let you trade forex as CFDs or spot, support copy trading, and offer cryptocurrency CFDs (but not direct ownership of crypto).
For stocks, CMC Markets allows trading of exchange-traded shares on both U.S. and international exchanges, whereas FxPro offers exchange-traded shares on international markets but not U.S. stocks. Reflecting the broader selection, CMC Markets is rated 5/5 stars and ranks 9th out of 63 brokers for Range of Investments; FxPro is rated 4/5 stars and ranks 29th.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 2249 |
| Forex Pairs (Total) | 141 | 70 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| 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.
CMC Markets and FxPro both check key boxes for everyday traders. Each offers a free demo account for simulated trading, a proprietary platform alongside MetaTrader 4 and MetaTrader 5, Windows desktop software, and a web-based platform you can use in your browser. Copy trading is available with both brokers, and you can place trades directly from charts. While exact counts aren’t provided, both platforms include a wide range of technical indicators and customizable watch lists to help you track the markets.
Where they differ most is in third-party evaluations of their trading platforms and tools. CMC Markets is rated 5 stars and ranks #4 out of 63 brokers on ForexBrokers.com, while FxPro earns 4 stars and ranks #17. In practice, that means CMC Markets generally gets the nod for platform quality and features, though FxPro remains a solid choice if you want variety with MetaTrader and its own platform. If higher-rated platform tools are your priority, CMC Markets may edge ahead; if you value flexibility across popular platforms, FxPro is still well worth a look.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| 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 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and FxPro both check the core boxes for mobile trading: each offers an iPhone and Android app, price alerts, and watchlist syncing across devices and the web. Chart tools are well covered on both apps too—you can draw trendlines and your drawings auto-save, so your analysis is there the next time you log in.
For charting depth, FxPro stands out with 65 technical studies compared with CMC Markets’ 29. That said, CMC Markets earns a higher Mobile Trading Apps rating (5 stars vs. FxPro’s 4.5) and a stronger category rank from ForexBrokers.com (#5 of 63 vs. #15). If you want the widest set of built-in indicators, FxPro is appealing. If top overall app ratings and industry standing matter more, CMC Markets gets the edge.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 29 | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both CMC Markets and FxPro provide daily market commentary and deliver forex news from top-tier sources like Bloomberg and Reuters. However, CMC Markets distinguishes itself by offering tools from Autochartist, which FxPro lacks. On the other hand, FxPro features research tools from Trading Central, which CMC does not offer. Both brokers provide users with sentiment-based trading tools and economic calendars to keep track of global news events.
In terms of ratings and rankings, CMC Markets has earned a 5-star rating for research, significantly higher than FxPro's 4 stars. This advantage is reflected in their ranking by ForexBrokers.com, where CMC Markets stands high at #6 out of 63 brokers, compared to FxPro’s position at #26. Although both brokers have their strengths, CMC Markets seems to have a slight edge in providing comprehensive research tools, helping traders make informed decisions.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing CMC Markets and FxPro, both brokers provide sizable learning materials geared to forex and CFD trading. Each offers at least 10 beginner-focused video lessons you can watch on demand, but neither hosts monthly live educational webinars. Where they differ is depth: CMC Markets adds 10+ advanced videos for when you’re ready to level up, while FxPro doesn’t match that volume of advanced content.
That extra breadth helps CMC Markets earn a 5-star Education score and a #10 ranking out of 63 brokers at ForexBrokers.com, compared with FxPro’s 4 stars and #18 rank. If you want a learning path that starts at the basics and continues into more sophisticated strategies, CMC Markets is the stronger pick; if you only need starter videos and don’t mind the absence of regular live classes, FxPro still covers the essentials.
| Feature |
CMC Markets
|
FxPro
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| 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 FxPro. CMC Markets finished with an overall rank of #4, while FxPro finished with an overall rank of #21.
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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FxPro
|
|---|---|---|
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| Trust Score | 99 | 93 |
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CMC Markets vs FxPro: neither broker allows buying actual (delivered) cryptocurrency, but both offer cryptocurrency trading via CFDs.
CMC Markets vs FxPro: both online brokers support ACH/SEPA transfers, PayPal, and bank wire deposits and withdrawals, while FxPro additionally offers Skrill, which CMC Markets does not.
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 | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | FxPro Review |
| Broker Screenshots | CMC Markets | FxPro | |
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| Regulation | CMC Markets | FxPro | |
|---|---|---|---|
| Trust Score | 99 | 93 | |
| Year Founded | 1989 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | CMC Markets | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12029 | 2249 | |
| Forex Pairs (Total) | 141 | 70 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| 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 | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.51 | |
| All-in Cost EUR/USD - Active | 0.65 | 1.27 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | FxPro | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | CMC Markets | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| 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 | Yes |
| Trading Tools | CMC Markets | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 73 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | FxPro | |
|---|---|---|---|
| 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 | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | CMC Markets | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | FxPro | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | CMC Markets | FxPro | |
|---|---|---|---|
| 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 | FxPro Review |
| Overall | CMC Markets | FxPro | |
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| Trust Score | 99 | 93 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | FxPro Review |
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