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CMC Markets vs Spreadex 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of CMC Markets vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

CMC Markets
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 12029
Spreadex
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 70
  • Tradeable Symbols (Total): 10000

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.

Regulation

CMC Markets vs Spreadex: CMC Markets (founded 1989) is an online broker that’s publicly traded, while Spreadex (founded 1999) is privately held. Neither broker is a bank. In terms of regulation, CMC Markets holds 6 Tier-1 and 1 Tier-2 licenses (viewed by ForexBrokers.com as highly trusted and trusted, respectively). Spreadex holds 1 Tier-1 license and no Tier-2 licenses.

Trust Score (out of 99) from ForexBrokers.com: CMC Markets 99 (highly trusted) and Spreadex 70 (average risk). For context, the Trust Score ranges are 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and 59 or less not trusted.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Year Founded info 1989 1999
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 6 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0

Fees

CMC Markets is the stronger choice on commissions and fees, earning a 5-star rating and ranking #4 out of 36 brokers in ForexBrokers.com’s Commissions and Fees category. Its pricing is known for low spreads across account types, with typical EUR/USD spreads around 0.61 pips based on August 2023 data. CMC also offers an active trader program, plus FX Active commission-based pricing, which can bring the all-in EUR/USD cost down to 0.5 pips in supported regions.

Spreadex is more straightforward, but its pricing is not quite as low as CMC Markets overall. It holds a 4-star rating and ranks #25 out of 36 brokers for Commissions and Fees. In January 2024, its average EUR/USD spread was 0.81 pips, with a minimum spread of 0.6 pips available 60% of the time during the month.

For traders focused on keeping costs down, CMC Markets has the edge over Spreadex. Both brokers offer competitive forex pricing, but CMC Markets combines lower typical spreads with a wider set of pricing options, while Spreadex is a simpler, decent-value alternative.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Minimum Deposit info $0 $0
Average spread (EUR/USD) - Standard account info 1.3 info 0.81 info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

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Range of investments

CMC Markets and Spreadex both give traders access to forex trading, whether as CFDs or spot contracts, and both also offer cryptocurrency CFDs rather than real crypto ownership. Each broker earns a 5-star rating for range of investments, so both provide a strong choice for many types of traders. In ForexBrokers.com’s ranking of 36 brokers, CMC Markets places higher at #9, while Spreadex comes in at #13.

When it comes to selection, CMC Markets has the wider market reach. It offers 12,029 tradeable symbols and 141 forex pairs, compared with Spreadex’s 10,000 symbols and 52 forex pairs. CMC Markets also stands out by offering exchange-traded U.S. and international shares, such as Apple and Vodafone, plus copy trading. Spreadex does not offer exchange-traded securities on U.S. or international exchanges, and it does not support copy trading.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12029 10000
Forex Pairs (Total) info 141 52
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

CMC Markets has the edge over Spreadex when it comes to trading platforms and tools. Both brokers offer a free demo account, a web-based platform, and the ability to trade directly from a stock chart. Each also has its own in-house platform, but CMC Markets goes further with a Windows desktop platform, copy trading, and support for both MetaTrader 4 and MetaTrader 5, giving traders more ways to access the markets and more choice in how they trade.

That wider set of features helps explain why CMC Markets scores 5 out of 5 for Trading Platforms and Tools and ranks #6 out of 36 brokers at ForexBrokers.com, while Spreadex is rated 4 out of 5 and ranks #34. Spreadex still covers the basics well, especially for traders who want a simple browser-based setup and a demo account, but CMC Markets offers a broader toolkit for active traders who want more platform options and charting flexibility.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
Charting - Indicators / Studies (Total) info 73 58
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

CMC Markets and Spreadex both offer iPhone and Android apps, and both let traders set stock or forex price alerts. Each app also supports drawing trendlines on charts, which is helpful for basic technical analysis on the go. For mobile convenience, though, CMC Markets has the edge because its app includes watchlist symbol syncing, so changes made in the app and online account stay aligned, while Spreadex does not offer this feature.

CMC Markets also stands out for charting tools, with 29 technical studies available in its mobile app and automatic saving of chart drawings. Spreadex does not list technical studies for its app and does not auto-save drawings. That difference shows in ratings too: CMC Markets earns 5 out of 5 stars for Mobile Trading Apps and ranks #5 out of 36 brokers at ForexBrokers.com, while Spreadex scores 4 out of 5 stars and ranks #33.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 29 N/A
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

CMC Markets and Spreadex both give traders a strong set of market research tools. Each broker offers daily market commentary, forex news from top sources such as Bloomberg, Reuters, and Dow Jones, Autochartist tools, a sentiment indicator showing long and short positioning, and an economic calendar with key global events. Neither broker currently offers research from Trading Central, TipRanks, or Acuity Trading, so their research lineup is very similar on the core features most traders look for.

Where CMC Markets pulls ahead is in overall quality and industry standing. It earns a 5-star research rating and ranks #6 out of 36 brokers for research at ForexBrokers.com, while Spreadex is rated 4 stars and ranks #27. For traders comparing online brokers for market research, CMC Markets has the edge thanks to its higher rating and stronger ranking, even though both platforms cover the same main research basics.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central info No No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners looking for broker education, CMC Markets comes out ahead of Spreadex. Both brokers offer at least 10 beginner trading videos, so each gives new traders a solid starting point. However, CMC Markets goes further with at least 10 advanced education videos and a wider range of forex and CFDs learning material, while Spreadex does not match that deeper level of content. Neither broker offers monthly online educational webinars, so live teaching is limited at both firms.

Overall, CMC Markets is the stronger choice for education, especially if you want room to grow as you learn. It holds a 5-star Education rating and ranks #10 out of 36 brokers in the ForexBrokers.com Education category. Spreadex is still useful for basic learning, but its 4-star Education rating and #33 ranking show that it has less to offer traders who want more detailed forex and CFDs training.

Feature CMC Markets logoCMC Markets
Spreadex logoSpreadex
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that CMC Markets is better than Spreadex. CMC Markets finished with an overall rank of #5, while Spreadex finished with an overall rank of #32.

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 logoCMC Markets
Spreadex logoSpreadex
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 70
Range of Investments 5/5 Stars 5/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with CMC Markets or Spreadex?

CMC Markets vs Spreadex: neither broker offers the ability to buy actual (delivered) cryptocurrency, but both allow trading cryptocurrency CFDs.

What funding options does each broker offer?

CMC Markets vs Spreadex: CMC Markets offers ACH/SEPA, PayPal, and bank wire deposits and withdrawals, while Spreadex offers bank wires only (no ACH/SEPA or PayPal); neither supports Skrill, and Visa/Mastercard availability is not specified for either broker.

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Overall Rating CMC Markets Spreadex
Overall Rating info 5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 99 70
Winner check_circle
Review CMC Markets Review Spreadex Review
Broker Screenshots CMC Markets Spreadex
Broker Gallery (click to expand) info
CMC Markets Next Generation mobile trade ticket order. CMC Markets Next Generation web platform layout light theme CMC Markets research weekly outlook detail. CMC Markets OPTO Podcast.
Spreadex web platform. Spreadex research news headlines market analysis. Spreadex educational article risk management.
Regulation CMC Markets Spreadex
Trust Score info 99 70
Year Founded info 1989 1999
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 6 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 0
Tier-1 Licenses (Highly Trusted) CMC Markets Spreadex
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) CMC Markets Spreadex
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or CMA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments CMC Markets Spreadex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12029 10000
Forex Pairs (Total) info 141 52
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 Spreadex
Average spread (EUR/USD) - Standard account info 1.3 info 0.81 info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Inactivity Fee info Yes No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding CMC Markets Spreadex
Minimum Deposit info $0 $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info No No
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info Yes No
Trading Platforms CMC Markets Spreadex
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
Trading Tools CMC Markets Spreadex
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 73 58
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading CMC Markets Spreadex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 29 N/A
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info Yes Yes
Research CMC Markets Spreadex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central info No No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education CMC Markets Spreadex
Webinars info No No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs CMC Markets Spreadex
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review CMC Markets Review Spreadex Review
Overall CMC Markets Spreadex
Overall Rating info 5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 99 70
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Review CMC Markets Review Spreadex Review
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