CMC Markets Vs. ForexVox - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 78% of retail CFD accounts lose money.	Visit 61% of retail CFD accounts lose money.
Overview
CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.	ForexVox is a new trading name from Valutrades, a broker operating since 2012 that offers currencies, indices and commodities under FCA and FSAS regulation.
Best For
Professional high volume traders looking to offset the cost of commissions through larger trades Intermediate and professional traders looking for a professional custom platform with customisable layouts	Experienced traders that look for an ECN account offering with commissions Currency traders
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FCA (UK) IIROC (Canada) MAS (Singapore) BaFin (Germany)	FCA (United Kingdom) FSAS (Seychelles)
The Good
Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more Powerful professional platform with customisable layouts and integrated reuters feed	FCA Regulation and being a trading name of ValuTrades (founded in 2012) Scalping is allowed Ecn account offered
The Bad
High commissions on stocks and ETFs Platform is not beginner friendly	Poor asset offering (less than 100 instruments) Low platform offering (only MT4 and MT5 available) Client area lacks usability Average spreads are high
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 hour
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
1989	2020
💳 Minimum Deposit Range
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Skrill Neteller UnionPay USDT (Tether) Bank Transfer SticPay
💵 Account Base Currencies
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.	3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, SY, ZA, IR.	US, CA, SY, IR.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
11,885	104
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
10,169	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
330	74
📗 Commodities
0	0
📗 Commodities CFDs
124	3
📕 Indices
0	0
📕 Indices CFDs
95	15
📔 ETFs
0	0
📔 ETFs CFDs
1,084	0
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
18	5
📒 Bonds
0	0
📒 Bonds CFDs
55	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
10	7
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Unavailable
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
Variable (eg: 1 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
1 Contract	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
1 Contract	Unavailable
📈 Minimum Futures Trade Size
1 Contract	$1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
Yes	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.	No commissions on their standard account A $7 per lot round turn commission on their ECN account
Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips	Dynamic - From 1 Pip
📉 SP500
From 60 Pips	Dynamic - From 135 Pips
📈 GOLD
From 30 Pips	Dynamic - From 16 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Unavailable
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Unavailable	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
Yes	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	Yes
📡 Account Management
No	No
📡 Webinars
Yes	No