CMC Markets is better than Interactive Brokers.
Trying to decide between CMC Markets and Interactive Brokers? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Overall Rating | 9.4 / 10 | 9.2 / 10 | 8.7 / 10 |
| Account Type | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | Yes | No | Yes |
| Islamic Account | No | No | Yes |
| Copy Trading | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Social Trading / Copy Trading | Yes | No | Yes |
| DupliTrade | No | No | No |
| ZuluTrade | No | No | No |
| Cryptocurrency | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Cryptocurrency (Physical) | No | Yes | No |
| Crypto Trading | No | No | No |
| Bitcoin | Yes | No | Yes |
| ethereum | Yes | No | Yes |
| Forex Trading | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | Yes | No | No |
| Social Trading / Copy Trading | Yes | No | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | No | Yes |
| Agriculturals | Yes | Yes | Yes |
| ETF | Yes | Yes | No |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Android App | No | No | No |
| Apple iOS App | Yes | Yes | Yes |
| Proprietary Platform | Yes | Yes | Yes |
| Desktop Platform (Windows) | No | No | No |
| Web Platform | No | No | No |
| MetaTrader 4 (MT4) | Yes | No | Yes |
| MetaTrader 5 (MT5) | No | No | No |
| Regulatory Licenses | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Tier-1 Licenses | 5 | 8 | 1 |
| ASIC Authorised (Australia) | Yes | Yes | No |
| IIROC Authorised (Canada) | Yes | Yes | No |
| FCA Authorised (U.K.) | Yes | Yes | Yes |
| SFC Authorised (Hong Kong) | No | Yes | No |
| MAS Authorised (Singapore) | Yes | Yes | No |
| FINMA Authorised (Switzerland) | No | Yes | No |
| CFTC Registered (USA) | No | Yes | No |
| Tier-2 Licenses | 1 | 1 | 3 |
| Tier-3 Licenses | 0 | 0 | 1 |
| Research, Education | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Trading Central (Recognia) | Yes | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Daily Market Commentary | Yes | Yes | Yes |
| Autochartist | Yes | No | No |
| Investor Dictionary (Glossary) | Yes | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes | Yes |
| Trading Costs | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Minimum Deposit | $0 | $0 | $0 |
| Average Spread EUR/USD - Standard | 0.73 (August 2021) | 0.6 (From 09/25/21 - 10/02/21) | 0.9 (Q3 2021) |
| All-in Cost EUR/USD - Active | N/A | 0.6 (From 09/25/21 - 10/02/21) | 0.9 (Q3 2021) |
| Active Trader or VIP Discounts | Yes | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | No | Yes |
| Trading Tools | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Watchlists - Total Fields | 9 | 651 | 8 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 86 | 127 | 39 |
| Mobile Charting - Indicators / Studies (INTL) | 29 | 98 | 39 |
| Trust Factors | CMC Markets | Interactive Brokers | XTB |
|---|---|---|---|
| Year Founded | 1989 | 1977 | 2002 |
| Publicly Traded (Listed) | Yes | Yes | Yes |
| Bank | No | No | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 99 | 99 | 95 |
