CMC Markets vs FP Markets
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
FP Markets wins this comparison — 1 out of 5 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. FP Markets came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
Both brokers are closely matched on support quality and reputation. Traders should read recent user reviews to determine which aligns best with their customer service expectations.
CMC Markets4.50
FP Markets4.50Leverage & Instruments
Both brokers offer equivalent maximum leverage, so neither has a distinct advantage for traders who rely on leveraged positions.
CMC Markets1:500 professional / 1:30 EU & AU retailFP Markets1:500 offshore / 1:30 EU & AUDeposit & Withdrawal
CMC Markets winsFP Markets supports a wider range of deposit and withdrawal options. It accepts Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, including cryptocurrency, giving traders more flexibility. CMC Markets offers Bank Transfer, Visa/Mastercard, PayPal, Wire Transfer, which may not suit all traders.
CMC Markets$0 (no minimum)FP Markets$100Platforms & Tools
FP Markets winsFP Markets provides a broader range of trading platforms. It supports MT4, MT5, IRESS, cTrader, giving traders more flexibility in how they access the markets. CMC Markets offers Next Generation, MT4, which covers the essentials but falls short on variety.
CMC MarketsFP MarketsRegulation & Safety
CMC Markets winsWhen it comes to regulation, CMC Markets holds the edge. CMC Markets is regulated by FCA 173730, ASIC 238054, BaFin, MAS, a top-tier authority, while FP Markets operates under ASIC 286354, CySEC 371/18. For traders who prioritise safety and fund protection, CMC Markets is the stronger choice in this category.
CMC MarketsFP MarketsTrading Costs
CMC Markets winsFP Markets offers more competitive trading costs overall. With EUR/USD spreads from 0.0 pips (Raw) / 1.0 pips (Standard) and commissions of commission-free, it undercuts CMC Markets, which charges spreads of 0.7 pips (Standard) with No commission (Standard), $2.50 per $100k notional (FX Active) commission. Cost-conscious traders will find FP Markets more attractive.
CMC Markets0.7 pips (Standard)FP Markets0.0 pips (Raw) / 1.0 pips (Standard)Account Types & Min Deposit
CMC Markets winsCMC Markets is the more accessible choice for traders getting started. With a minimum deposit of $0 (no minimum), it requires less capital to open an account than FP Markets, which requires $100. Lower barriers to entry make CMC Markets the winner in this category.
CMC Markets$0 (no minimum)FP Markets$100Our Pick
FP Markets Wins This Round
Based on our side-by-side analysis, FP Markets edges ahead in this matchup. Get started today.
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Frequently Asked Questions
Is CMC Markets better than FP Markets?
Based on our analysis across 7 key categories, FP Markets wins with a score of 3–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, CMC Markets or FP Markets?
FP Markets offers lower trading costs. CMC Markets spreads start from 0.7 pips (Standard) while FP Markets starts from 0.0 pips (Raw) / 1.0 pips (Standard).
Is CMC Markets safer than FP Markets?
CMC Markets is regulated by a higher-tier authority. CMC Markets is regulated by FCA 173730, ASIC 238054, BaFin, MAS, while FP Markets is regulated by ASIC 286354, CySEC 371/18.
Can I use MT5 with both CMC Markets and FP Markets?
CMC Markets supports Next Generation, MT4 and FP Markets supports MT4, MT5, IRESS, cTrader. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, CMC Markets or FP Markets?
CMC Markets has the lower minimum deposit requirement. CMC Markets requires $0 (no minimum) while FP Markets requires $100.
Is CMC Markets regulated?
Yes, CMC Markets is regulated by FCA 173730, ASIC 238054, BaFin, MAS. Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, CMC Markets or FP Markets?
For beginners, FP Markets is generally the stronger choice due to its lower minimum deposit and broader educational resources. However, both brokers offer standard tools suitable for newer traders.