CMC Markets vs GBE brokers 2023

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, CMC Markets offers better pricing overall for traders.

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. CMC Markets holds 5 global Tier-1 licenses, while GBE brokers holds 1. CMC Markets holds 1 global Tier-2 licenses, while GBE brokers holds 0. In our analysis of 23 international regulators across 50 brokers, CMC Markets (99) earned a higher Trust Score than GBE brokers (71).

To compare the trading platforms of both CMC Markets and GBE brokers, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets to provide better mobile trading apps.

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both CMC Markets and GBE brokers offer MetaTrader 4 (MT4).CMC Markets and GBE brokers both offer copy trading.

CMC Markets provides traders 156 currency pairs (e.g., EUR/USD) compared to GBE brokers's 71 available pairs. Forex pairs aside, CMC Markets offers traders access to 12074 CFDs while GBE brokers has 500 available CFDs, a difference of 11574.

CMC Markets is publicly traded, does not operate a bank, and is authorised by five Tier-1 regulators (Highly Trusted), one tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). CMC Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA), and the Financial Conduct Authority (FCA).

GBE brokers is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulator (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulator (Average Risk), and one tier-4 regulator (High Risk). GBE brokers is authorised by the following tier-1 regulators: European Union Authorized (MiFID).

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.

GBE offers 500 tradeable symbols from its CySEC-regulated entity in Cyprus, but lacks additional regulatory licenses which hampers its Trust Score, compared to leading multi-asset brokers.