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CMC Markets vs Plus500 2022

ForexBrokers.com

Written by ForexBrokers.com

November 08, 2022

Is CMC Markets better than Plus500? In our analysis of 23 international regulators across 39 of the best forex brokers, CMC Markets is considered low-risk, with an overall Trust Score of 99 out of 99. Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Learn more about Trust Score.

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Overall RatingCMC MarketsPlus500IG
Overall Rating5 Stars4.5 Stars5 Stars
Commissions & Fees5 Stars4.5 Stars5 Stars
Offering of Investments5 Stars4 Stars5 Stars
Platform & Tools5 Stars4.5 Stars5 Stars
Mobile Trading5 Stars4.5 Stars5 Stars
Research5 Stars4 Stars5 Stars
Education4.5 Stars3.5 Stars5 Stars
Trust Score999899
Winnercheck_circle
ReviewCMC Markets ReviewPlus500 ReviewIG Review
RegulationCMC MarketsPlus500IG
Trust Score999899
Year Founded198920081974
Publicly Traded (Listed)YesYesYes
BankNoNoYes
Tier-1 Licenses547
Tier-2 Licenses132
Tier-3 Licenses001
Authorised in European UnionYesYesYes
About RegulationA “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A “Yes” for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.
Tier-1 Licenses (High Trust)CMC MarketsPlus500IG
ASIC Authorised (Australia)YesYesYes
IIROC Authorised (Canada)YesNoNo
SFC Authorised (Hong Kong)NoNoNo
CBI Authorised (Ireland)NoNoNo
FSA Authorised (Japan)NoYesYes
MAS Authorised (Singapore)YesYesYes
FINMA Authorised (Switzerland)NoNoYes
FCA Authorised (U.K.)YesYesYes
CFTC Registered (USA)NoNoYes
FMA Authorised (New Zealand)YesYesYes
Tier-2 Licenses (Average Trust)CMC MarketsPlus500IG
CBRC Authorised (China)NoNoNo
CySEC Authorised (Cyprus)NoYesNo
SEBI Authorised (India)NoNoNo
ISA Authorised (Israel)NoYesNo
CBR Authorised (Russia)NoNoNo
FSCA Authorised (South Africa)NoYesYes
SEC Authorised (Thailand)NoNoNo
DFSA / Central Bank Authorised (UAE)YesNoYes
Tier-3 Licenses (Low Trust)CMC MarketsPlus500IG
SCB Authorised (Bahamas)NoNoNo
IFSC Authorised (Belize)NoNoNo
CIMA Authorised (Cayman Islands)NoNoNo
BMA Authorised (Bermuda)NoNoYes
FSC Authorised (British Virgin Islands)NoNoNo
FSC Authorised (Mauritius)NoNoNo
VFSC Authorised (Vanuatu)NoNoNo
InvestmentsCMC MarketsPlus500IG
Forex Trading (Spot or CFDs)YesYesYes
Tradeable Symbols (Total)12377280019537
Forex Pairs (Total)15871100
U.S. Stock Trading (Non CFD)YesYesYes
Int'l Stock Trading (Non CFD)YesYesYes
Social Trading / Copy TradingYesNoYes
Cryptocurrency (Physical)NoNoNo
Cryptocurrency (CFD)YesYesYes
DisclaimersNote: 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account.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).
CostCMC MarketsPlus500IG
Average Spread EUR/USD - Standard0.51 (August 2022)0.6 (as of Aug 2018)0.86 (September 2022)
All-in Cost EUR/USD - Active0.51 (August 2022)N/A0.5957 (September 2022)
Active Trader or VIP DiscountsYesNoYes
Execution: Agency BrokerNoNoYes
Execution: Market MakerYesYesYes
FundingCMC MarketsPlus500IG
Minimum Initial Deposit$0€100£250.00
PayPal (Deposit/Withdraw)YesYesYes
Skrill (Deposit/Withdraw)NoYesNo
Visa/Mastercard (Credit/Debit)YesYesYes
Bank Wire (Deposit/Withdraw)YesYesYes
Trading PlatformsCMC MarketsPlus500IG
Proprietary PlatformYesYesYes
Desktop Platform (Windows)YesNoYes
Web PlatformYesYesYes
Social Trading / Copy TradingYesNoYes
MetaTrader 4 (MT4)YesNoYes
MetaTrader 5 (MT5)NoNoNo
cTraderNoNoNo
DupliTradeNoNoNo
ZuluTradeNoNoNo
Trading ToolsCMC MarketsPlus500IG
Virtual Trading (Demo)YesYesYes
Alerts - Basic FieldsYesYesYes
Watchlists - Total Fields9914
Charting - Indicators / Studies (Total)8411033
Charting - Drawing Tools (Total)402120
Charting - Trade From ChartYesNoYes
Charts can be savedYesYesYes
Mobile TradingCMC MarketsPlus500IG
Android AppYesYesYes
Apple iOS AppYesYesYes
Mobile Alerts - Basic FieldsYesYesYes
Mobile WatchlistYesYesYes
Watchlist SyncingYesYesYes
Mobile Charting - Indicators / Studies2911033
Mobile Charting - Draw TrendlinesYesYesYes
Mobile Charting - Multiple Time FramesYesYesYes
Mobile Charting - Drawings AutosaveYesNoYes
Forex CalendarYesYesYes
ResearchCMC MarketsPlus500IG
Daily Market CommentaryYesYesYes
Forex News (Top-Tier Sources)YesNoYes
AutochartistYesNoYes
Trading Central (Recognia)YesNoNo
Social Sentiment - Currency PairsYesYesYes
Economic CalendarYesYesYes
EducationCMC MarketsPlus500IG
Has Education - Forex or CFDsYesYesYes
Client WebinarsYesNoYes
Client Webinars (Archived)YesNoYes
Videos - Beginner Trading VideosYesYesYes
Videos - Advanced Trading VideosYesNoYes
Investor Dictionary (Glossary)YesNoYes
Major Forex PairsCMC MarketsPlus500IG
GBP/USDYesYesYes
USD/JPYYesYesYes
EUR/USDYesYesYes
USD/CHFYesYesYes
USD/CADYesYesYes
NZD/USDYesYesYes
AUD/USDYesYesYes
ReviewCMC Markets ReviewPlus500 ReviewIG Review
OverallCMC MarketsPlus500IG
Overall Rating5 Stars4.5 Stars5 Stars
Commissions & Fees5 Stars4.5 Stars5 Stars
Offering of Investments5 Stars4 Stars5 Stars
Platform & Tools5 Stars4.5 Stars5 Stars
Mobile Trading5 Stars4.5 Stars5 Stars
Research5 Stars4 Stars5 Stars
Education4.5 Stars3.5 Stars5 Stars
Trust Score999899
Winnercheck_circle
ReviewCMC Markets ReviewPlus500 ReviewIG Review
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CMC Markets vs Plus500 Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare CMC Markets vs Plus500.

Does CMC Markets or Plus500 offer lower pricing?

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.

Is CMC Markets or Plus500 safer for forex and CFDs trading?

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 Plus500 holds 4. Plus500 holds 3 global Tier-2 licenses, while CMC Markets holds 1. In our analysis of 23 international regulators across 50 brokers, CMC Markets earned a higher Trust Score than Plus500.

Which trading platform is better: CMC Markets or Plus500?

To compare the trading platforms of both CMC Markets and Plus500, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

CMC Markets provides traders 158 currency pairs (e.g., EUR/USD) compared to Plus500's 71 available pairs. Forex pairs aside, CMC Markets offers traders access to 12377 CFDs while Plus500 has 2800 available CFDs, a difference of 9577.

Can I trust CMC Markets?

CMC Markets is publicly traded, does not operate a bank, and is authorised by five tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). CMC Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Investment Industry Regulatory Organization of Canada (IIROC), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA), and the Financial Conduct Authority (FCA).

Can I trust Plus500?

Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by five tier-1 regulators (high trust), three tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Is CMC Markets good?

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.

Is Plus500 good?

Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.

Overall winner: IG

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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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