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Head to head

CMC Markets vs FxPro

CMC Markets is licensed by FCA in the United Kingdom, BaFin in the European Union, ASIC in Australia, MAS in Singapore, CIRO in Canada, FMA (New Zealand) in New Zealand and DFSA in the United Arab Emirates (DIFC). FxPro is licensed by FCA in the United Kingdom, CySEC in the European Union and SCB in The Bahamas, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $0 at CMC Markets and $0 at FxPro. Both offer negative balance protection and segregated client money.

Facts last checked: CMC Markets on 20 October 2026, FxPro on 20 October 2026.

CMC Markets profileFxPro profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
CMC MarketsStrictly regulatedRead the profile
FxProStrictly regulatedRead the profile
Comparing
CMC MarketsUnited Kingdom
FxProRaw+ account · United Kingdom

Overview

Founded
Not yet checked
Not yet checked
Headquarters
London, United Kingdom
London, United Kingdom
Official websites
  • cmcmarkets.com
  • cmcinvest.com
  • fxpro.com
  • fxpro.co.uk
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
CMC Markets UK plc
FxPro UK Limited
Regulator
FCA
United Kingdom
FCA
United Kingdom
Regulation level
Strictly regulated
Strictly regulated
Licence number
173730
Check the register
509956
Check the register
Clients this company serves
UK residents (spread betting, CFDs and FX Active)
UK residents
All licences held
  • FCA (United Kingdom)
  • BaFin (European Union)
  • ASIC (Australia)
  • MAS (Singapore)
  • CIRO (Canada)
  • FMA (New Zealand) (New Zealand)
  • DFSA (United Arab Emirates (DIFC))
  • FCA (United Kingdom)
  • CySEC (European Union)
  • SCB (The Bahamas)
  • FSA Seychelles (Seychelles)
Segregated client money
Yes
Yes
Negative balance protection
Yes
Yes
Compensation scheme
FSCS (UK, CMC Markets UK plc clients); other countries have their own schemes or none
FSCS for eligible clients of FxPro UK Limited; ICF for eligible clients of the Cyprus company

Costs

Your monthly cost
No accounts listed
$96$9.6 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$9.6
Spread from
No accounts listed
0.2 pips
Typical EUR/USD spread
No accounts listed
0.3 pips
Commission per lot (round turn)
No accounts listed
$7
Typical GBP/USD spread
Not yet checked
Not yet checked
Typical USD/JPY spread
Not yet checked
Not yet checked
Typical XAU/USD spread
Not yet checked
Not yet checked
Swap-free account
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
1:30 on major currency pairs (UK and EU retail clients)
1:30 on major pairs for UK and EU retail clients; dynamic leverage with no fixed cap on major pairs at the Bahamas company
Retail leverage by asset class
  • Major currency pairs: 1:30
  • Other currency pairs: 1:20
  • Other commodities and non-major indices: 1:10
  • Share CFDs and spread bets: 1:5
  • Major currency pairs: 1:30 (UK/EU); dynamic, no fixed cap (Bahamas)
  • Minor currency pairs: 1:20 (UK/EU); 1:500 (Bahamas)
  • Gold: 1:20 (UK/EU); 1:10000 (Bahamas)
  • Major indices: 1:20 (UK/EU); 1:500 (Bahamas)
  • Energies: 1:10 (UK/EU); 1:200 (Bahamas)
  • Shares and ETFs: 1:5 (UK/EU); 1:25 (Bahamas)
  • Cryptocurrencies: 1:2 (UK/EU); 1:500 (Bahamas)
Margin call level
Not yet checked
Not yet checked
Stop-out level
50% of margin (UK and EU retail close-out rule)
50% for UK and EU retail accounts; FxPro states 0% for accounts at its global entity

Account

Minimum deposit (this account)
No accounts listed
$0
Base currencies
No accounts listed
Not yet checked
Execution
No accounts listed
Market execution, raw spread plus $3.50 per side commission (MT4 and MT5)

Platforms and features

Platforms
  • CMC web platform
  • CMC mobile app
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • FxPro platform and app
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
Markets
300+ currency pairs on its own platform (175+ on MetaTrader 4), indices, commodities, shares, ETFs, bonds and share baskets as spread bets and CFDs
2,100+ CFDs on forex, metals, indices, energy, futures, cryptocurrencies, shares and ETFs
Demo account
Not yet checked
Yes
Copy trading
Not yet checked
No
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
Not yet checked
  • Bank transfer
  • Local bank transfer
  • Debit or credit card
  • E-wallet
Withdrawal fee
No charge from CMC for deposits or withdrawals (UK site)
No FxPro fee on deposits or withdrawals; e-wallet withdrawals may be charged if you have not traded
Inactivity fee
£10 a month (or currency equivalent) after a year with no trading, only taken while the account holds money
None stated; live accounts are disabled after 3 months without activity and can be reactivated on request

Support

Customer support
24-hour phone line Monday to Friday (UK)
24/5 by live chat, email and phone

Our notes

Strengths
  • Every company we checked holds a licence from a strict or standard regulator, from the FCA to the DFSA
  • UK client money is held in segregated accounts under the FCA's client money rules, with FSCS cover for eligible claims
  • No minimum deposit on the UK site and no charge from CMC for deposits or withdrawals
  • UK company authorised by the FCA and EU company licensed by CySEC, both strict regulators
  • Client money held in segregated accounts, with negative balance protection for all clients
  • Raw+ account costs about $9.60 per lot on EUR/USD, against about $14.90 on Standard
Watch out for
  • Inactivity fee of £10 a month after a year without trading
  • The UK site quotes minimum spreads (from 0.5 pips, or 0.0 pips plus commission on FX Active), not typical spreads, so check live prices before you compare
  • The FCA has warned about clone firms using CMC Markets' details, including ibplatform.info, ib-platform.info, ibplatform.co and marketstradeltd.com
  • Clients outside the UK and EU usually join the Bahamas company, with lighter rules and no FSCS or ICF cover
  • Leverage at the Bahamas company is dynamic with no fixed cap on major pairs, which magnifies losses
  • Live accounts are disabled after 3 months of inactivity

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • CMC Markets: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets, CFDs, OTC options or any of our other products work and whether you can afford to take the high risk of losing your money.
  • FxPro: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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