CMC MarketsSpreads from 0.7 pip on forex, no commission on standard account
- Published fee
- Spreads from 0.7 pip on forex, no commission on standard account
- Minimum deposit
- 0 €
- Inactivity
- £10/month after 12 months of inactivity
Broker comparison
CMC Markets vs.
FP Markets
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: November 2026
See comparisonCMC Markets
FP MarketsVS
Summary
Your goal decides
FP Markets offers 8 instrument types, while CMC Markets offers 6. The minimum deposit is lower at CMC Markets with 0 €. Oversight: CMC Markets: BaFin/FCA; FP Markets: ASIC/CySEC. CMC Markets: No, CFDs and spread betting. FP Markets: No, CFDs and DMA stock trading. CMC Markets has been in the market since 1989, making it the more experienced provider.
CMC MarketsAward-winning Next Generation platform with over 12,000 products
FP MarketsAustralian ECN broker with over 10,000 trading instruments
At a glance
The key differences
| Criterion | CMC Markets | FP Markets |
|---|---|---|
| Platforms | Next Generation, MT4, CMC Mobile | MT4, MT5, cTrader, IRESS, FP Markets App |
| Product types | CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries | Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, Bonds |
| Options trading | No, CFDs and spread betting | No, CFDs and DMA stock trading |
| Fee model | Spreads from 0.7 pip on forex, no commission on standard account | Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip |
| Minimum deposit | 0 € | 100 AUD |
| Regulation | BaFin/FCA | ASIC/CySEC |
| More information | Details | Details |
Platforms
CMC Markets
Next Generation, MT4, CMC Mobile
FP Markets
MT4, MT5, cTrader, IRESS, FP Markets App
Product types
CMC Markets
CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries
FP Markets
Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, Bonds
Options trading
CMC Markets
No, CFDs and spread betting
FP Markets
No, CFDs and DMA stock trading
Fee model
CMC Markets
Spreads from 0.7 pip on forex, no commission on standard account
FP Markets
Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip
Minimum deposit
CMC Markets
0 €
FP Markets
100 AUD
Regulation
CMC Markets
BaFin/FCA
FP Markets
ASIC/CySEC
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
CMC MarketsFP MarketsRaw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip
- Published fee
- Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip
- Minimum deposit
- 100 AUD
- Spread figure
- EUR/USD from 0.0 pip (Raw) + $3.00 per lot per side, 1.0 pip (Standard)
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
CMC MarketsCheck the provider’s execution policy and available order types for your account.
Provider informationFP MarketsCheck the provider’s execution policy and available order types for your account.
Provider informationProduct range
CMC MarketsCFDsForexIndicesCommoditiesStocks CFDsTreasuries
FP MarketsForexCFDsStocksIndicesCommoditiesCryptoETFsBonds
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
CMC MarketsNext Generation · MT4 · CMC Mobile
CMC Markets offers the Next Generation platform, MT4, and the CMC Mobile app. Next Generation is the award-winning main platform with over 115 technical indicators, modular chart layout, pattern recognition tools, integrated Reuters news, and client sentiment analysis. MT4 is available for automated trading with Expert Advisors. The CMC Mobile app provides the full range of features on the go, including all charting capabilities and push notifications.
Explore platformFP MarketsMT4 · MT5 · cTrader · IRESS · FP Markets App
FP Markets offers five trading platforms: MT4 and MT5 for classic forex and CFD trading with Expert Advisors and automated strategies. cTrader impresses with a modern interface and Level II price data. IRESS is the professional DMA platform for direct stock trading with advanced order types and market depth. The FP Markets App enables full-featured mobile trading on all devices.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
Who might it suit?
CMC MarketsAward-winning Next Generation platform with over 12,000 products
- Award-winning Next Generation platform
- Over 12,000 CFD products
- BaFin-regulated
- Only CFD trading, no real stocks
- Inactivity fee after 12 months
FP MarketsAustralian ECN broker with over 10,000 trading instruments
- Raw spreads from 0.0 pip
- Over 10,000 instruments
- IRESS platform for DMA stock trading
- No BaFin regulation
- IRESS platform with additional fees
Find the broker that fits
CMC Markets oder FP Markets?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
CMC Markets and FP Markets do not earn the same way
The table shows what they cost. These lessons show how they earn, which is what the difference is made of.
Who is on the other side?
Whether your order leaves the building or stops at the desk
Open the lesson →Taking the other side
What it means when the broker holds the other side itself
Open the lesson →The fill you actually get
Why the price on screen and the price you get are not the same
Open the lesson →Your questions
Frequently asked questions
How do fees differ between CMC Markets and FP Markets?
CMC Markets: Spreads from 0.7 pip on forex, no commission on standard account. FP Markets: Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: CMC Markets or FP Markets?
CMC Markets offers CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries. FP Markets offers Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, Bonds.
How are CMC Markets and FP Markets regulated?
The broker profiles list BaFin/FCA for CMC Markets and ASIC/CySEC for FP Markets. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is CMC Markets or FP Markets better for beginners?
CMC Markets lists a 0 € minimum deposit and offers Next Generation, MT4, CMC Mobile. FP Markets lists 100 AUD and offers MT4, MT5, cTrader, IRESS, FP Markets App. Compare usability, available products and costs for your intended use.
CMC Markets vs FP Markets: Which broker is better overall?
The choice between CMC Markets (4.3/5, 1400 reviews) and FP Markets (4.3/5, 900 reviews) depends on your needs. CMC Markets: Award-winning Next Generation platform with over 12,000 products. FP Markets: Australian ECN broker with over 10,000 trading instruments.
How do spreads compare between CMC Markets and FP Markets?
CMC Markets offers typical spreads of EUR/USD from 0.7 pip (typical). FP Markets offers EUR/USD from 0.0 pip (Raw) + $3.00 per lot per side, 1.0 pip (Standard). Tighter spreads reduce trading costs especially for active trading.
Do CMC Markets or FP Markets charge an inactivity fee?
CMC Markets: £10/month after 12 months of inactivity. FP Markets: no inactivity fee.
Your next step
Your next step
CMC MarketsAward-winning Next Generation platform with over 12,000 products
Open accountRead reviewFP MarketsAustralian ECN broker with over 10,000 trading instruments
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.