Is CMC Markets better than XM Group? In our analysis of 23 international regulators across 50 brokers, CMC Markets is considered low-risk, with an overall Trust Score of 99 out of 99. XM Group is considered average-risk, with an overall Trust Score of 84 out of 99. Learn more about Trust Score.
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CMC Markets vs XM Group 2021
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.
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Overall Rating
| Feature | CMC Markets | XM Group |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 84 |
| CMC Markets Review | XM Group Review | |
| 72% of retail CFD accounts lose money | 77.29% of retail CFD accounts lose money |
Regulation
| Feature | CMC Markets | XM Group |
| Trust Score | 99 | 84 |
|
Year Founded |
1989 | 2009 |
|
Publicly Traded (Listed) |
Yes | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
4 | 2 |
|
Tier-2 Licenses |
2 | 2 |
|
Tier-3 Licenses |
0 | 1 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | CMC Markets | XM Group |
|
ASIC Authorised (Australia) |
Yes | Yes |
|
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 | Yes |
|
CFTC Registered (USA) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | CMC Markets | XM Group |
|
CBRC Authorised (China) |
No | No |
|
CySEC Authorised (Cyprus) |
No | Yes |
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CBI Authorised (Ireland) |
No | No |
|
ISA Authorised (Israel) |
No | No |
|
FMA Authorised (New Zealand) |
Yes | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | No |
|
SEC Authorised (Thailand) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | CMC Markets | XM Group |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | Yes |
| BMA Authorised (Bermuda) | No | No |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
Investments
| Feature | CMC Markets | XM Group |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
|
Tradeable Symbols (Total) |
11927 | 1372 |
|
Forex Pairs (Total) |
158 | 57 |
|
US Stock Trading (Non CFD) |
No | Yes |
|
Int'l Stock Trading (Non CFD) |
Yes | Yes |
|
Cryptocurrency (Physical) |
No | No |
|
Cryptocurrency (CFD) |
Yes | No |
|
Social Trading / Copy-Trading |
Yes | Yes |
Cost
| Feature | CMC Markets | XM Group |
|
Average Spread EUR/USD - Standard |
0.74 (August 2020) | 1.6 (Aug 2020) |
|
All-in Cost EUR/USD - Active |
0.64 (August 2020) | 0.8 (Aug 2021) |
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Active Trader or VIP Discounts |
Yes | No |
|
Execution: Agency Broker |
No | No |
|
Execution: Market Maker |
Yes | Yes |
Funding
| Feature | CMC Markets | XM Group |
|
Minimum Deposit |
$0.00 | $5-100 |
|
Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | No |
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Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | CMC Markets | XM Group |
|
Proprietary Platform |
Yes | No |
|
Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
No | Yes |
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cTrader |
No | No |
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DupliTrade |
No | No |
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ZuluTrade |
No | No |
Trading Tools
| Feature | CMC Markets | XM Group |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
9 | (Default MT4/MT5) |
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Charting - Indicators / Studies (Total) |
86 | (Default MT4/MT5) |
|
Charting - Drawing Tools (Total) |
40 | (Default MT4/MT5) |
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Charting - Trade From Chart |
Yes | Yes |
|
Charting - Drawings Autosave |
Yes | Yes |
|
Order Type - Trailing Stop |
Yes | Yes |
Mobile Trading
| Feature | CMC Markets | XM Group |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
|
Alerts - Basic Fields |
Yes | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
Yes | Yes |
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Charting - Indicators / Studies |
29 | (Default MT4/MT5) |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Forex Calendar |
Yes | No |
Research
| Feature | CMC Markets | XM Group |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
Yes | Yes |
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Autochartist |
Yes | Yes |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | Yes |
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Economic Calendar |
Yes | Yes |
Education
| Feature | CMC Markets | XM Group |
|
Has Education - Forex or CFDs |
Yes | Yes |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | Yes |
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Investor Dictionary (Glossary) |
Yes | No |
Major Forex Pairs
| Feature | CMC Markets | XM Group |
|
GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | CMC Markets | XM Group |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 84 |
| CMC Markets Review | XM Group Review |
Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare CMC Markets vs XM Group.
Does CMC Markets or XM Group 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 XM Group safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. CMC Markets holds 4 global Tier-1 licenses, while XM Group holds 2. Both CMC Markets and XM Group hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, CMC Markets earned a higher Trust Score than XM Group.
Which trading platform is better: CMC Markets or XM Group?
To compare the trading platforms of both CMC Markets and XM Group, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets 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. CMC Markets and XM Group both offer copy trading. Both CMC Markets and XM Group offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
CMC Markets provides traders 158 currency pairs (e.g., EUR/USD) compared to XM Group's 57 available pairs. Forex pairs aside, CMC Markets offers traders access to 11927 CFDs while XM Group has 1372 available CFDs, a difference of 10,555.
Can I trust CMC Markets?
CMC Markets is publicly traded, does not operate a bank, and is authorised by four tier-1 regulators (high trust), two 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), and the Financial Conduct Authority (FCA).
Can I trust XM Group?
XM Group is not publicly-traded and does not operate a bank. XM Group is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and, via its parent company's other brand Trading.com, with the Financial Conduct Authority (FCA).
Is CMC Markets good?
CMC Markets is a globally trusted broker that delivers a terrific offering for traders thanks to excellent pricing, nearly 10,000 tradeable instruments, and the Next Generation trading platform, which comes packed with quality research, innovative trading tools, and powerful charting.
Is XM Group good?
While XM Group struggles to stack up against industry leaders, in terms of its platform offering, range of markets, and pricing, XM Group provides an outstanding offering of quality educational content and market research.
Overall winner: CMC Markets
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Trading CFDs, FX, and cryptocurrencies involve 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 website as of 12/14/2020 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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