Comparison
CMC Markets vs. IG Markets

CMC Markets vs. IG Markets

IG Markets and CMC Markets share many similarities in their core trading environment. IG Markets remains the leading CFD broker, writes new CFDs if demand exists, and is a liquidity provider for smaller brokers. Traders get the proprietary web-based trading platform, ProRealTime, MT4, and L2 Dealer. IG Markets upgrades the core MT4 with 18 add-ons plus the Autochartist plugin, creating a superior MT4 trading experience.

CMC Markets also features a cutting-edge proprietary web-based trading platform. It includes an automated pattern recognition scanner, a price projection box, and detailed trade analytics. It supports algorithmic trading via the core MT4, where IG Markets also offers API trading.

I have conducted an in-depth review of IG Markets and CMC Markets to determine which one presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms
Available Markets
Typical Spreads and Fees
Security and Trust
CMC Markets vs. IG Markets - Verdict

Features and Platforms

Features & Platforms	CMC Markets (visit site)	IG Markets (visit site)

Headquarter:	UK	UK
Established :	1989	1974
Retail Loss Rate:	73.00%	68.00%
Regulation:
Minimum Deposit:	$0	$250
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$15 monthly after 12 months	£12 monthly after 24 months
Deposit Fee:	Third-party	Third-party
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	4	4
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Outstanding asset selection	API Trading
Unique Feature Two:	In-depth educational content	MT4 plugins + Autochartist
Broker Offers:

Noteworthy:

Both brokers offer beginner traders high-quality educational content and in-house market research. The similarities extend to the lack of funding methods at both UK publicly listed brokers.

Available Markets

Available Markets	CMC Markets	IG Markets
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:	1:30	1:200
Maximum Pro Leverage:	1:500	1:200

The overall asset selection at IG Markets remains broader, but CMC Markets features industry-leading Forex exposure with 330+ currency pairs. It also takes a minor edge in cryptocurrencies, but neither broker serves the sector well. IG Markets and CMC Markets offer in-depth cross-asset exposure, catering to retail and professional traders alike.

Typical Spreads and Fees

Typical Spreads & Fees	CMC Markets	IG Markets
Minimum Raw Spreads:	Not applicable	Not applicable
Minimum Standard Spreads:	0.7 pips	0.6 pips
Minimum Commission for Forex:	Commission-free	Commission-free
Commission for CFDs/DMA:	0.10% or $0.02/share (US)	0.10% or $0.02/share (US)
Commission Rebates:	Yes	Yes
Execution Type:	Market Maker	Market Maker/ECN

Both brokers present a commission-free Forex pricing environment, where IG Markets has a minor edge while the commission-based equity cost structure remains identical. Traders get deep liquidity at both brokers, who maintain institutional services. High-volume traders benefit from rebate programs available at IG Markets and CMC Markets.

Security and Trust

CMC Markets

Country of the Regulator	Name of the Regulator	License Number
UK	Financial Conduct Authority	FCA Registration Number 173730 and 170627
Germany	Federal Financial Supervisory Authority	HRB 154814

IG Markets

Country of the Regulator	Name of the Regulator	License Number
UK	Financial Conduct Authority	FCA Reference Number 195355
Cyprus	Cyprus Securities and Exchange Commission	License Number 378/19
Germany	Federal Financial Supervisory Authority	BaFin ID Number 10148759
Switzerland	Swiss Financial Market Supervisory Authority	Confirmed, but no regulatory license number
Dubai	Dubai Financial Services Authority	DFSA Reference Number F001780
South Africa	Financial Sector Conduct Authority	FSP Number 41393
Singapore	Monetary Authority of Singapore	Confirmed, but no regulatory license number
Japan	Japanese Financial Services Agency	Unconfirmed
Australia	Australian Securities & Investments Commission	AFSL Number 220440, AFSL Number 515106
New Zealand	Financial Markets Authority	FSP18923

IG Markets and CMC Markets segregate client deposits from corporate funds and offer negative balance protection. They are both publicly listed companies, FTSE 250 constituents, and offer equally secure and trustworthy trading environments with clean track records.