menu

Plus500 vs CMC Markets Review

Steven Hatzakis

Published by Steven Hatzakis


Thursday, March 21st, 2019

Is CMC Markets better than Plus500? After scoring forex brokers on nearly 100 different variables, CMC Markets is better than Plus500. Through its offices regulated in major global financial centers, CMC Markets offers traders a wide range of offerings with excellent pricing and its Next Generation trading platform, which is packed with innovative trading tools and charting.

Advertiser Disclosure
× ForexBrokers.com helps investors like you across the globe by spending hundreds of hours each year testing and researching forex brokers. You support us through our independently chosen links, which may earn us a commission. This does not impact our completely unbiased research, which is respected by broker executives as among the most thorough on the web. Thank you for your support.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
There are no results to display, please adjust your filters or reset the Compare Tool.
Overall
custom_brokerNameReview
custom_cfdnotice
Regulation
Trust Score
Year Founded
Publicly-Traded Company (Listed)
Regulated in Major Hub
Regulated in Emerging Hub
CFTC Registered (USA)
Authorised in the European Union
FCA Regulated (UK)
FINMA Authorised (Switzerland)
ASIC Authorised (Australia)
MAS Authorised (Singapore)
IIROC Authorised (Canada)
SFC Authorised (Hong Kong)
FSA Authorised (Japan)
CySEC Authorised (Cyprus)
FMA Authorised (New Zealand)
Investments
Forex: Spot Trading
Currency Pairs (Total Forex pairs)
CFDs - Total Offered
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Offering of Investments
Winner
Cost
Average Spread EUR/USD - Standard
All-in Cost EUR/USD - Active
Active Trader or Premium/VIP
Commissions & Fees
Winner
Funding
Minimum Initial Deposit
Bank Wire (Deposit/Withdraw)
Visa/Mastercard (Credit/Debit)
PayPal (Deposit/Withdraw)
Skrill (Deposit/Withdraw)
UnionPay (Deposit/Withdraw)
Trading Platforms
Proprietary Platform
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader4 (MT4)
MetaTrader5 (MT5)
cTrader
Trading Tools
Virtual Trading (Demo)
Alerts - Basic Fields
Watchlists - Total Fields
Charting - Indicators / Studies (Total)
Charting - Drawing Tools (Total)
Charting - Trade From Chart
Charting - Drawings Autosave
Order Type - Trailing Stop
Platform & Tools
Winner
Mobile Trading
Android App
Apple iOS App
Trading - Forex
Trading - CFDs
Alerts - Basic Fields
Watch List
Watch List Syncing
Charting - Indicators / Studies
Charting - Draw Trend Lines
Charting - Trend Lines Moveable
Charting - Multiple Time Frames
Charting - Drawings Autosave
Forex Calendar
Mobile Trading
Winner
Research
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
AutoChartist
Trading Central (Recognia)
Delkos Research
Social Trading / Copy-Trading
Social Sentiment - Currency Pairs
Economic Calendar
Research
Winner
Education
Has Education - Forex
Has Education - CFDs
Client Webinars
Client Webinars (Archived)
Videos - Beginner Trading Videos
Videos - Advanced Trading Videos
Investor Dictionary (Glossary)
Tutorials/Guide (PDF or Interactive)
Education
Winner
Major Forex Pairs
GBPUSD (or USDGBP)
USDJPY (or JPYUSD)
EURUSD (or USDEUR)
USDCHF (or CHFUSD)
USDCAD (or CADUSD)
NZDUSD (or USDNZD)
AUDUSD (or USDAUD)
USDCNH (or CNHUSD)
USDSGD (or SGDUSD)
Overall
Overall
Winner
3
80.6% of retail CFD accounts lose money
 
84
2008
Yes
Yes
Yes
No
Yes
Yes
No
Yes
Yes
No
No
No
Yes
Yes
 
Yes
60
2045
No
Yes
3.5
 
0.6
N/A
No
4
 
€100
Yes
Yes
Yes
Yes
No
 
Yes
Yes
Yes
No
No
No
No
 
Yes
Yes
10
103
0
No
No
Yes
2.5
 
Yes
Yes
Yes
Yes
Yes
Yes
Yes
18
No
No
Yes
No
No
3
 
No
No
No
No
No
No
No
No
Yes
2.5
 
No
No
No
No
No
No
No
No
1
 
No
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
 
3
4.5
74-89% of retail CFD accounts lose money
 
90
1989
Yes
Yes
Yes
No
Yes
Yes
No
Yes
Yes
Yes
No
No
No
Yes
 
Yes
183
9959
No
Yes
4
check_circle
 
0.744
0.744
Yes
5
check_circle
 
$0.00
Yes
Yes
No
No
No
 
Yes
No
Yes
No
No
No
No
 
Yes
Yes
8
81
24
No
Yes
Yes
4.5
check_circle
 
Yes
Yes
Yes
Yes
Yes
Yes
Yes
23
Yes
Yes
Yes
Yes
Yes
4
check_circle
 
Yes
Yes
Yes
No
Yes
No
No
Yes
Yes
4.5
check_circle
 
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
4
check_circle
 
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
 
4.5
check_circle
To find the top fx brokers, the team here at ForexBrokers.com collected over 2,200 data points during a several month review of the forex industry. In this fx broker comparison, we will compare CMC Markets vs Plus500.

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 Plus500's 4.00 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. Both CMC Markets and Plus500 are regulated in a major hub. Both CMC Markets and Plus500 are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. Plus500 trails CMC Markets by 123 total currency pairs (for example, EUR/USD), with CMC Markets offering 183 and Plus500 offering 60.

To round out our comparison of CMC Markets vs Plus500, let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. CMC Markets nor Plus500 offers Meta Trader. 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. Plus500 trails CMC Markets by 24 total charting tools, with CMC Markets offering 24 and Plus500 offering 0. CMC Markets trails Plus500 by 22 total different indicators (for example, moving averages), with Plus500 offering 103 and CMC Markets offering 81.

CMC Markets Review
Plus500 Review

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

arrow_drop_upBack to top