CMC Markets vs Interactive Brokers
By Akash · Facts re-checked (UTC)
Here is how CMC Markets and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| CMC Markets | Interactive Brokers | |
|---|---|---|
| Regulators | FCA | FCA, CBI, ASIC |
| Minimum deposit | No minimum deposit to open an account | No account minimum |
| Spreads from | 0.7 points on forex (Next Generation, UK) | – |
| Commission | – | 0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I |
| Max leverage | 30:1 for retail traders (CMC Markets UK plc) | – |
| Platforms | Next Generation, MetaTrader 4, TradingView | Trader Workstation (TWS), IBKR Mobile, Client Portal |
| Retail accounts losing money | 68% | 59.7% |
Full reviews: CMC Markets review · Interactive Brokers review
Frequently asked questions
What is the minimum deposit at CMC Markets and Interactive Brokers?
CMC Markets: No minimum deposit to open an account. Interactive Brokers: No account minimum.
Are CMC Markets and Interactive Brokers regulated?
CMC Markets: FCA. Interactive Brokers: FCA, CBI, ASIC.
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