CMC Markets

4.3(1400)

BaFin/FCA

FP Markets

4.3(900)

ASIC/CySEC

CMC Markets vs FP Markets

Head-to-Head Comparison 2026

Our Verdict

FP Markets offers 8 instrument types, while CMC Markets offers 6. The minimum deposit is lower at CMC Markets with 0 €. CMC Markets is BaFin-regulated, while FP Markets is supervised by ASIC/CySEC. CMC Markets has been in the market since 1989, making it the more experienced provider.

Comparison Table

Criteria	CMC Markets	FP Markets
Rating	4.3/5 (1400 reviews)	4.3/5 (900 reviews)
Regulation	BaFin/FCA	ASIC/CySEC
Fees	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
Min. Deposit	0 €	100 AUD
Instruments	CFDs, Forex, Indices, Commodities, Stocks CFDs, Treasuries	Forex, CFDs, Stocks, Indices, Commodities, Crypto, ETFs, Bonds
Platforms	Next Generation, MT4, CMC Mobile	MT4, MT5, cTrader, IRESS, FP Markets App
Options Trading	No, CFDs and spread betting	No, CFDs and DMA stock trading
Founded	1989	2005
Headquarters	London	Sydney

Detailed Comparison

Fee Comparison

CMC Markets: Spreads from 0.7 pip on forex, no commission on standard account. Minimum deposit: 0 €.

FP Markets: Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip. Minimum deposit: 100 AUD.

Product Range

CMC Markets (6 categories)

CFDsForexIndicesCommoditiesStocks CFDsTreasuries

FP Markets (8 categories)

ForexCFDsStocksIndicesCommoditiesCryptoETFsBonds

Trading Platforms

CMC Markets

Next Generation
MT4
CMC Mobile

FP Markets

MT4
MT5
cTrader
IRESS
FP Markets App

Regulation & Security

CMC Markets is regulated by BaFin/FCA (HQ: London).

FP Markets is regulated by ASIC/CySEC (HQ: Sydney).

Who Is It For?

CMC Markets

Award-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 Markets

Australian 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

Frequently Asked Questions

Is CMC Markets or FP Markets cheaper?

CMC Markets charges Spreads from 0.7 pip on forex, no commission on standard account. FP Markets charges Raw account: from 0.0 pip + $3 commission/lot, Standard: from 1.0 pip. The minimum deposit is 0 € at CMC Markets and 100 AUD at FP Markets.

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.

Which broker is better regulated?

CMC Markets is regulated by BaFin/FCA. FP Markets is regulated by ASIC/CySEC. CMC Markets has BaFin regulation, which is particularly advantageous for German investors.

Is CMC Markets or FP Markets better for beginners?

CMC Markets has a minimum deposit of 0 € and offers Next Generation, MT4, CMC Mobile as platforms. FP Markets has a minimum deposit of 100 AUD and offers MT4, MT5, cTrader, IRESS, FP Markets App. CMC Markets has the lower entry barrier.

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.

CMC Markets

Award-winning Next Generation platform with over 12,000 products

Open Account →

From 0 € min. deposit

FP Markets

Australian ECN broker with over 10,000 trading instruments

Open Account →

From 100 AUD min. deposit

CMC Markets read review →FP Markets read review →