Choose CMC Markets if you want…
Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
We compared CMC Markets and Eightcap across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. CMC Markets wins on more criteria (3 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| CMC Markets | Eightcap | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.4 / 5 | CMC Markets |
| Regulators | FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland | ASIC, CySEC, FCA (in setup), SCB Bahamas | CMC Markets |
| Min. deposit | $0 (no minimum) | $100 | CMC Markets |
| Spreads from | 0.7 pips (Next Generation) | 0.0 pips (Raw) / 1.0 pip (Standard) | Eightcap |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (Professional) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | CMC Next Generation, MT4, CMC Mobile | MT4, MT5, TradingView | Tie |
| Founded | 1989 | 2009 | — |
| HQ | London, United Kingdom | Melbourne, Australia | — |
Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), CMC Markets wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
CMC Markets holds licenses from: FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland. Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. CMC Markets has more regulatory licenses, giving it broader geographic coverage.
CMC Markets spreads start from 0.7 pips (Next Generation). Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). Actual spreads vary by account type and market conditions.
CMC Markets: $0 (no minimum). Eightcap: $100. CMC Markets has the lower entry barrier.
General risk warning: CFDs are leveraged products.
CFDs are leveraged. Your capital is at risk.
CFDs are leveraged. Your capital is at risk.
69% of retail accounts lose money.
CFDs are leveraged. Your capital is at risk.
73% of retail accounts lose money.
CFDs and FX Options entail risk of loss.