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 PrimeXBT across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. CMC Markets wins on more criteria (4 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| CMC Markets | PrimeXBT | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 2.7 / 5 | CMC Markets |
| Regulators | FCA, ASIC, BaFin, MAS, FMA NZ, IIROC, MA Poland | FSCA (South Africa), FSC Mauritius | CMC Markets |
| Min. deposit | $0 (no minimum) | $10 | CMC Markets |
| Spreads from | 0.7 pips (Next Generation) | 0.1 pips (CFD) / crypto spreads | PrimeXBT |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (Professional) | 1:200 (CFD) / 1:100 (crypto) | — |
| Platforms | CMC Next Generation, MT4, CMC Mobile | PrimeXBT (proprietary) | CMC Markets |
| Founded | 1989 | 2018 | — |
| HQ | London, United Kingdom | Victoria, Seychelles | — |
Discretionary traders wanting deep instrument coverage and a sophisticated proprietary platform from a publicly-listed UK broker.
Crypto-native traders who want CFDs and digital assets together on one fast proprietary platform.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), CMC Markets wins 4 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. PrimeXBT holds licenses from: FSCA (South Africa), FSC Mauritius. CMC Markets has more regulatory licenses, giving it broader geographic coverage.
CMC Markets spreads start from 0.7 pips (Next Generation). PrimeXBT spreads start from 0.1 pips (CFD) / crypto spreads. Actual spreads vary by account type and market conditions.
CMC Markets: $0 (no minimum). PrimeXBT: $10. 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.