XM Vs. CMC Markets - Compare and Choose the Right One


Visit 74.07% of retail CFD accounts lose money.	Visit 71% of retail CFD accounts lose money.
Overview
XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.	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.
Best For
Experienced traders looking to trade shares in high volume using their Zero account MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms	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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) ADGM (United Arab Emirates)	ASIC (Australia) FCA (UK) IIROC (Canada) MAS (Singapore) BaFin (Germany)
The Good
Competitive commissions on their Zero account Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)	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
The Bad
No proprietary platforms or technology Expensive spreads and trading fees Lack of asset variety when compared to other brokers in the same range	High commissions on stocks and ETFs Platform is not beginner friendly
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 day	1 Day
📋 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
2009	1989
💳 Minimum Deposit
€, £, $ - 5	0
💰 Payment Methods
Visa Mastercard Bank Transfer Neteller Skrill	Visa Mastercard Bank Transfer Paypal
💵 Account Base Currencies
11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.	10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA.	US, JP, SY, ZA, IR.
📊 STP Account
No	No
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Assets
📚 Available Assets
CFDs on stocks, commodities, currencies and indices.	CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and bonds
📙 Stocks
1286	10,169
📘 Currency Pairs
57	330+
📗 Commodities
15	124
📕 Indices
14	95
📔 ETFs
N/A	1084
💸 Cryptocurrencies
N/A	18 (Not available in the U.K)
📒 Bonds
N/A	55
📓 Options
N/A	N/A
📗 Futures
10	CFDs on commodities futures contracts with various expiration dates.
📝 Notes:
All of XM's assets are CFDs.	N/A
Trading Experience
📈 Minimum Stock Trade Size
Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)	1 Share
📉 Minimum ETFs Trade Size
N/A	1 ETF
📈 Minimum Crypto Trade Size
N/A	Varies per cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
$100 (0.001 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounce of Gold)	1 Contract
📉 Minimum Bonds Trade Size
N/A	1 Contract
📈 Minimum Futures Trade Size
All of XM's futures are commodities, same rules apply.	1 Contract
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:30
💪 Professional Leverage
N/A	Up to 1:500
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
No	Yes
📱 Android App
No	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.	After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No
💰 Commissions
Yes on Zero accounts ($7 per lot round turn).	Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.
Spreads
📈 EUR/USD
Dynamic - From 1.7 Pips	Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 40 Pips	From 60 Pips
📈 GOLD
Dynamic - From 35 Pips	From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $9.4	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	Dynamic - Market Spread
📉 BTC
N/A	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes