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CMC Markets vs WorldWideMarkets 2019

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

Overall Rating

Feature CMC Markets WorldWideMarkets
Overall 4.5 2.5
CMC Markets Review WorldWideMarkets Review
75% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature CMC Markets WorldWideMarkets
Trust Score 99 47
Year Founded
1989 2011
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
4 0
Tier-2 Licenses
2 0
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature CMC Markets WorldWideMarkets
ASIC Authorised (Australia)
Yes No
IIROC Authorised (Canada)
Yes No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Investments

Feature CMC Markets WorldWideMarkets
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
180 20
CFDs - Total Offered
9848 15
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 4 2.5
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Cost

Feature CMC Markets WorldWideMarkets
Average Spread EUR/USD - Standard
0.81 (as of Oct 19) 3
All-in Cost EUR/USD - Active
0.81 (as of Oct 19) N/A
Active Trader or VIP Discounts
Yes No
Commissions & Fees 5 3
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Funding

Feature CMC Markets WorldWideMarkets
Minimum Initial Deposit
$0.00 $20.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature CMC Markets WorldWideMarkets
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No No
cTrader
No No

Trading Tools

Feature CMC Markets WorldWideMarkets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
8 n/a
Charting - Indicators / Studies (Total)
79 78
Charting - Drawing Tools (Total)
24 37
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
Yes No
Order Type - Trailing Stop
Yes Yes
Platform & Tools 4.5 2.5
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Mobile Trading

Feature CMC Markets WorldWideMarkets
Android App
Yes No
Apple iOS App
Yes No
Trading - Forex
Yes No
Trading - CFDs
Yes No
Alerts - Basic Fields
Yes No
Watch List
Yes No
Watch List Syncing
Yes No
Charting - Indicators / Studies
23 30
Charting - Draw Trend Lines
Yes No
Charting - Trend Lines Moveable
Yes No
Charting - Multiple Time Frames
Yes No
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4 3
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Research

Feature CMC Markets WorldWideMarkets
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes No
AutoChartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 4.5 2
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Education

Feature CMC Markets WorldWideMarkets
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes No
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Education 4 2
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Major Forex Pairs

Feature CMC Markets WorldWideMarkets
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature CMC Markets WorldWideMarkets
CMC Markets Review WorldWideMarkets Review
Overall 4.5 2.5
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare CMC Markets vs WorldWideMarkets.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. CMC Markets is a better option with a 5.00 star rating over WorldWideMarkets's 3.00 star rating.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. CMC Markets and WorldWideMarkets both are regulated in a major hub. CMC Markets is a publicly traded company, WorldWideMarkets isn't. As far as how many currency pairs are available for trading, here's the answer. CMC Markets boasts an offering of 180 different currency pairs compared to WorldWideMarkets's 20 available pairs.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. CMC Markets and WorldWideMarkets both offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. WorldWideMarkets boasts an offering of 37 charting tools compared to CMC Markets's 24 available charting tools. WorldWideMarkets trails CMC Markets by 1 total different indicators (for example, moving averages), with CMC Markets offering 79 and WorldWideMarkets offering 78.

CMC Markets Review
WorldWideMarkets 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.

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