CMC Markets vs IG
By Akash · Facts re-checked (UTC)
Here is how CMC Markets and IG compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| CMC Markets | IG | |
|---|---|---|
| Regulators | FCA | FCA |
| Minimum deposit | No minimum deposit to open an account | No minimum balance to open an account |
| Spreads from | 0.7 points on forex (Next Generation, UK) | 0.6 pips EUR/USD (MT4, UK) |
| Commission | – | Commission-free on MT4 forex |
| Max leverage | 30:1 for retail traders (CMC Markets UK plc) | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) |
| Platforms | Next Generation, MetaTrader 4, TradingView | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime |
| Retail accounts losing money | 68% | 70% |
Full reviews: CMC Markets review · IG review
Frequently asked questions
What is the minimum deposit at CMC Markets and IG?
CMC Markets: No minimum deposit to open an account. IG: No minimum balance to open an account.
Are CMC Markets and IG regulated?
CMC Markets: FCA. IG: FCA.
Which has tighter spreads, CMC Markets or IG?
Published spreads start from 0.7 points on forex (Next Generation, UK) at CMC Markets and 0.6 pips EUR/USD (MT4, UK) at IG; commission: CMC Markets none listed, IG Commission-free on MT4 forex.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more