Choose CMC Markets if you want…
Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
CMC Markets
⭐ 4.5 / 5
VS
FxPro
⭐ 4.5 / 5
CMC Markets vs FxPro — which broker is better in 2026?
We compared CMC Markets and FxPro across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.
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| CMC Markets | FxPro | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.5 / 5 | Tie |
| Regulators | FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland | CySEC, FCA, FSCA, SCB | CMC Markets |
| Min. deposit | $0 (no minimum) | $100 | CMC Markets |
| Spreads from | 0.7 pips (Next Generation) | 0.3 pips (cTrader Raw) | FxPro |
| 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, cTrader, FxPro Edge | FxPro |
| Founded | 1989 | 2006 | — |
| HQ | London, United Kingdom | Limassol, Cyprus | — |
Pros & cons compared
CMC Markets pros
- ✓ Founded 1989 — among the oldest CFD brokers (LSE: CMCX)
- ✓ FCA, ASIC, BaFin, MAS — tier-1 regulators across major financial centres
- ✓ 12,000+ instruments — one of the broadest catalogues in retail CFDs
- ✓ Award-winning proprietary 'Next Generation' platform
- ✓ No minimum deposit
Cons
- ✗ Proprietary platform has a learning curve vs. MT4
- ✗ Spread on FX 'Standard' account (0.7 pips) wider than ECN brokers
- ✗ Limited cryptocurrency CFD coverage
FxPro pros
- ✓ Multi-platform: MT4, MT5, cTrader and proprietary FxPro Edge
- ✓ Tier-1 regulation under CySEC and FCA
- ✓ No-Dealing-Desk execution model — no requotes
- ✓ Cyprus-headquartered with strong EU + MENA presence
- ✓ Negative balance protection across all entities
Cons
- ✗ Higher minimum deposit ($100) than budget brokers
- ✗ EU leverage capped at 1:30 for retail clients (ESMA rules)
- ✗ Inactivity fee after 6 months of dormancy
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Which one should you choose?
Choose FxPro if you want…
Multi-platform traders who want cTrader alongside MetaTrader, plus broad index/CFD coverage from a CySEC-regulated broker.
Frequently asked questions
Which is better — CMC Markets or FxPro?
CMC Markets and FxPro are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.
Is CMC Markets more regulated than FxPro?
CMC Markets holds licenses from: FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland. FxPro holds licenses from: CySEC, FCA, FSCA, SCB. CMC Markets has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at CMC Markets vs FxPro?
CMC Markets spreads start from 0.7 pips (Next Generation). FxPro spreads start from 0.3 pips (cTrader Raw). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, CMC Markets or FxPro?
CMC Markets: $0 (no minimum). FxPro: $100. CMC Markets has the lower entry barrier.