To find the top fx brokers
, the team here at ForexBrokers.com collected over 6,000 data points during a seven month review of the forex industry. In this fx broker comparison, we will compare CMC Markets vs KVB Kunlun .
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. CMC Markets's score is 5.00 stars versus KVB Kunlun 's 3.00 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. CMC Markets alongside KVB Kunlun are regulated in a major hub. CMC Markets alongside KVB Kunlun are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. KVB Kunlun trails CMC Markets by 153 total currency pairs (for example, EUR/USD), with CMC Markets offering 183 and KVB Kunlun offering 30.
To round out our comparison of CMC Markets vs KVB Kunlun , let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. KVB Kunlun makes Meta Trader available to clients, while CMC Markets does not. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. KVB Kunlun offers its clients access to 31 charting tools while CMC Markets has 24 charting tools, a difference of 7. CMC Markets offers its clients access to 74 different indicators (for example, volume) while KVB Kunlun has 51 available indicators, a difference of 23.
Overall, CMC Markets takes the upper hand with 4.50 stars over KVB Kunlun 's 2.50 stars. And, when it comes to individual category awards, CMC Markets finished with awards Best in Class - Platforms & Tools, Best in Class - Research, Best in Class - Active Trading and Best in Class - Mobile Trading in 2018, while KVB Kunlun came up with none of these.