FP Markets versus CMC Markets

FP Markets maintains a competitive environment through its twelve plugins MT4/MT5 upgrade plus Autochartist. Manual traders also benefit from the geographically restricted Iress platform, while algorithmic traders get high leverage, fast order execution, and deep liquidity. MAM/PAMM module caters to asset managers, and the in-house social trading platform and Myfxbook Autotrade cater to social and copy trading.

CMC Markets provides traders with a cutting-edge proprietary web-based trading platform featuring an automated pattern recognition scanner, a price projection box, module linking, and detailed trade analytics. Algorithmic traders get the out-of-the-box MT4 and deep liquidity, while a proprietary mobile app is also available.

We have conducted an in-depth review of FP Markets and CMC Markets to determine which 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
• FP Markets versus CMC Markets - Verdict

Features and Platforms

Features & Platforms	CMC Markets (visit site)	FP Markets (visit site)
Headquarter:	UK	Australia
Established :	1989	2005
Retail Loss Rate:	76.00%	75.31%
Regulation:
Minimum Deposit:	$0	$100
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$15 monthly after 12 months	No
Deposit Fee:	Third-Party	Third-Party
Withdrawal Fee	Third-Party	Third-Party
Funding Methods:	4	21
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	VPS Hosting
Unique Feature Two:	In-depth educational content	MT4/MT5 plugins + Autochartist
Broker Offers:	See what CMC Markets offers	See what FP Markets offers

Noteworthy:

Beginner traders at FP Markets and CMC Markets get educational content and in-house market research. The former offers VPS hosting, and the latter a range of order entry methods.

Available Markets

Both brokers offer a well-balanced choice of trading instruments covering most sectors, ensuring clients get in-depth cross-asset exposure. CMC Markets takes the lead with its industry-leading Forex selection of 330+ currency pairs. CMC Markets also offers share basket trading.

Typical Spreads and Fees

Core trading costs at FP Markets are lower than at CMC Markets, with minimum fees of $6.00 per lot versus $7.00. CMC Markets has a rebate program that can lower charges between 5% and 20% for high-volume traders, granting it an edge.