Written by ForexBrokers.com
In this head to head comparison of CMC Markets vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CMC Markets and FXGT.com are two notable online brokers offering trading services, but they differ significantly in their regulatory standings and trust ratings. Established in 1989, CMC Markets is a publicly traded company known for its extensive regulatory oversight, boasting five Tier-1 licenses, which reflects a high level of trust. With a Trust Score of 99 from ForexBrokers.com, CMC Markets is considered a highly trusted broker, ensuring a secure environment for its clients.
In contrast, FXGT.com is a relatively new entrant to the industry, founded in 2019, and is not publicly traded. It holds one Tier-1 license and one Tier-2 license, indicating a lower level of regulatory assurance compared to CMC Markets. FXGT.com receives a Trust Score of 69 from ForexBrokers.com, suggesting it falls into the high-risk category. Both brokers are not banks, but CMC Markets offers a more secure and regulated trading experience.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Year Founded | 1989 | 2019 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
CMC Markets stands out with its strong performance in the commissions and fees category, earning the #1 spot among 62 brokers in ForexBrokers.com's 2025 Annual Awards. It offers consistently low spreads starting from 0.61 pips on the EUR/USD, making it a top choice for cost-conscious traders. The broker's active trader program, Price Plus Scheme, provides further savings by offering up to a 20% discount on spreads for high-volume traders. Additionally, CMC Markets' FX Active pricing structure imposes a commission of $2.50 per side while ensuring highly competitive all-in costs, such as 0.5 pips on the EUR/USD.
FXGT.com, on the other hand, offers less competitive fees and ranks significantly lower than CMC Markets, coming in at #55 in the same category, with a rating of 3.5 stars out of 5. Unfortunately, FXGT.com does not provide average spread data, making it more challenging for traders to assess potential trading costs compared to competitors like CMC Markets.
When choosing a broker based on commissions and fees, CMC Markets clearly demonstrates superior value with its transparent and competitive pricing structures, earning it a 5-star rating. In contrast, FXGT.com's lack of detailed pricing information and lower ranking suggest that it may not be the best option for traders focused on minimizing costs.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $0 | $5 |
| Average Spread EUR/USD - Standard | 0.61 | N/A |
| All-in Cost EUR/USD - Active | 0.51 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets and FXGT.com both cater to forex traders, offering forex trading as either a CFD or spot contract. CMC Markets clearly stands out in terms of variety with an impressive 11,925 tradeable symbols compared to FXGT.com's 117. This includes forex pairs, where CMC Markets again takes the lead with 156 pairs on offer, whereas FXGT.com provides 53 pairs. For those interested in exchanging traded securities on U.S. and international platforms, CMC Markets provides opportunities to purchase companies like Apple and Vodafone, a feature not available through FXGT.com.
Both platforms support copy trading, allowing users to imitate the strategies of seasoned traders. While neither broker allows the purchase of actual cryptocurrencies, they both offer trading in cryptocurrency derivatives. In terms of the breadth of investments, CMC Markets is highly rated with 5 stars and ranks 9th out of 62 brokers, illustrating its comprehensive offerings. By contrast, FXGT.com has a rating of 3 stars, positioning it at 60th in the same category, thereby showing a more limited range of options for investors.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 11925 | 117 |
| Forex Pairs (Total) | 156 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing CMC Markets and FXGT.com, both brokers grant traders access to simulated trading with free virtual demo accounts, allowing users to practice their strategies risk-free. A distinct difference lies in their platforms, as CMC Markets boasts an in-house developed proprietary platform alongside popular options like MetaTrader 4 and 5, while FXGT.com does not offer a proprietary platform but supports MetaTrader 4 and 5. Both brokers accommodate traders with Windows-based desktop applications and web-based platforms, catering to different user preferences.
In terms of functionalities and tools, CMC Markets takes the spotlight. They provide 40 drawing tools and allow trading directly from stock charts, offering an expansive toolset with 11 watch list fields. FXGT.com also supports trading directly from charts but only includes 23 drawing tools and 5 watch list fields, indicating fewer customization options. When evaluated for trading platforms and tools, CMC Markets receives a 5-star rating and ranks fourth out of 62 brokers on ForexBrokers.com, whereas FXGT.com earns 4 stars and is ranked fifty-sixth, reflecting a considerable difference in user satisfaction and platform offerings.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 79 | 37 |
| Charting - Drawing Tools (Total) | 40 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both CMC Markets and FXGT.com provide versatile options for traders on the go. Both brokers offer apps compatible with iPhone and Android devices, allowing users to stay connected regardless of their preferred platform. They enhance the trading experience by offering useful features such as stock and forex price alerts, along with the ability to sync watchlists seamlessly with the online account. This means any changes made on one platform automatically reflect on the other. Additionally, both apps support drawing trendlines on charts and viewing different time frames like daily, weekly, or intraday, enhancing technical analysis capabilities.
While both CMC Markets and FXGT.com provide the ability to create watchlists with real-time quotes, CMC Markets tends to have the upper hand when it comes to user ratings and industry rankings. CMC Markets offers 29 technical studies in its mobile app but scores an impressive 5-star rating for its app, ranking 5th out of 62 brokers on ForexBrokers.com. In contrast, FXGT.com offers slightly more technical studies with 30, yet it garners a lower rating of 3.5 stars, standing at 58th place in the same rankings. Both apps ensure functionalities such as auto-saving of drawings on charts, but CMC Markets’ higher ratings suggest a more favorable user experience overall.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 29 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
CMC Markets stands out as a top choice for market research, offering a wealth of resources to its users. They provide daily market commentary and keep traders informed with forex news from reputable sources like Bloomberg and Reuters. The platform supports technical and fundamental analysis through tools from Autochartist, complemented by a sentiment-based trading tool for insight into market trends. Users benefit from an economic calendar that highlights significant global events, rounding out their comprehensive research offerings. These features have earned CMC Markets a 5-star research rating and a commendable rank of #6 among 62 brokers on ForexBrokers.com.
In contrast, FXGT.com has room to grow in terms of research capabilities. While they do feature a sentiment-based trading tool and an economic calendar, they lack daily market commentary and forex news from top-tier sources. Additionally, FXGT.com does not offer technical analysis tools from either Autochartist or Trading Central. This more limited array of research services reflects in their 3-star research rating and #56 ranking on ForexBrokers.com. For traders who prioritize in-depth market research, CMC Markets is a more well-rounded option compared to FXGT.com.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners in the trading world, CMC Markets stands out as a strong contender compared to FXGT.com. CMC Markets provides a comprehensive collection of more than 10 educational pieces focused on forex and CFDs, making it an excellent resource for aspiring traders looking to deepen their knowledge. Additionally, CMC Markets offers a searchable archive of recorded webinars, providing users the ability to revisit valuable content at their convenience. The broker also caters to different levels of expertise with at least 10 videos for beginners and another 10 for advanced traders, ensuring a well-rounded educational experience. Completing the suite of resources, CMC Markets includes an investor dictionary that covers over 50 essential trading terms, offering foundational knowledge for those new to the market. With these offerings, CMC Markets earns a top-tier rating of 5 stars for education from ForexBrokers.com and is ranked 10th among 62 brokers.
On the other hand, FXGT.com provides limited educational content, which might not be sufficient for beginners seeking thorough guidance. Unlike CMC Markets, FXGT.com does not meet the minimum requirement of 10 educational pieces on forex and CFDs, nor does it offer recorded webinars. Additionally, the platform falls short by not providing beginner or advanced-level videos to help users progress in their trading journey. FXGT.com does feature an investor dictionary with definitions for more than 50 investing terms, yet this seems to be the only substantial educational tool they offer. These limitations are reflected in its education rating, where it receives 3 stars from ForexBrokers.com and holds the 59th position out of 62 brokers, indicating room for significant improvement in their educational resources.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that CMC Markets is better than FXGT.com. CMC Markets finished with an overall rank of #4, while FXGT.com finished with an overall rank of #58.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 69 |
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Both CMC Markets and FXGT.com provide options for trading cryptocurrency derivatives, but neither platform offers the ability to purchase actual, delivered cryptocurrencies.
When comparing the online brokers CMC Markets and FXGT.com, both platforms support ACH and SEPA transfers, Visa or Mastercard, and bank wire options for depositing or withdrawing funds, while only CMC Markets offers PayPal, and neither supports Skrill.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | CMC Markets | FXGT.com | |
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| Trust Score | 99 | 69 | |
| Winner | check_circle | ||
| Review | CMC Markets Review |
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| Regulation | CMC Markets | FXGT.com | |
|---|---|---|---|
| Trust Score | 99 | 69 | |
| Year Founded | 1989 | 2019 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | CMC Markets | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 11925 | 117 | |
| Forex Pairs (Total) | 156 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | CMC Markets | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.61 | N/A | |
| All-in Cost EUR/USD - Active | 0.51 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $0 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | CMC Markets | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | CMC Markets | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 5 | |
| Charting - Indicators / Studies (Total) | 79 | 37 | |
| Charting - Drawing Tools (Total) | 40 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 29 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | CMC Markets | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | CMC Markets | FXGT.com | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | CMC Markets Review |
| Overall | CMC Markets | FXGT.com | |
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| Trust Score | 99 | 69 | |
| Winner | check_circle | ||
| Review | CMC Markets Review |
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