CMC Markets vs MTrading Comparison
Compare trading conditions, commissions and platforms of Forex brokers CMC Markets and MTrading. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - CMC Markets or MTrading?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
CMC Markets
- Minimum deposit · USD
- 1 USD
- Different platforms
- CMC Markets
- Different markets
- Soft Commodities
- Bonds
MTrading
- Minimum deposit · USD
- 10 USD
- Different platforms
- None listed
- Different markets
- None listed
Comparison Table of CMC Markets and MTrading
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Foundation Year | 1989 | 2012 |
| Regulated in Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates | Saint Vincent and the Grenadines |
| Minimum Deposit |
|
|
| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | CMC Markets Review | MTrading Review |
CMC Markets Review
CMC Markets has been a reliable CFD and Forex broker in the business for a long time. Top-tier financial authorities regulate the company, offers an excellent trading platform, and has low commission fees.
We believe it is an excellent choice for beginners and experienced traders. CMC Markets is a good option if you are seeking a trustworthy broker with extensive experience.
Pros and Cons of CMC Markets
Pros
- Low trading fees.
- Wide range of markets and products.
- Access to the popular MetaTrader 4 and CMC Markets platforms.
- Extensive analytical materials.
- Comprehensive educational materials.
Cons
- Limited account options.
- Inactivity fee.
- No online chat.
CMC Markets is in the top 10 of the following ratings:
MTrading Review
MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.
MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.
Pros and Cons of MTrading
Pros
- Availability of different types of trading accounts.
- Wide range of trading assets.
- Own copy trading platform.
Cons
- Lack of licenses from reputable regulators.
- Limited choice of trading platforms.
- Only one method of communication with support service.
- Absence of some popular deposit and withdrawal methods.
- Sparse analytical and educational materials compared to competitors.
Reliability
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Reliability | 5/5 | 2/5 |
| Foundation Year | 1989 | 2012 |
| Regulated in Countries | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates | Saint Vincent and the Grenadines |
| Regulators |
CMC Markets
CMC Markets demonstrates a high level of regulation and protection of client funds.
Pros
- Regulation in multiple countries.
- Adherence to CASS rules to protect client funds.
- Compensation through FSCS in case of financial problems.
MTrading
Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.
Pros
- Company's reputation in the market.
- Measures to ensure the security of client funds.
Cons
- Lack of regulation by major financial authorities.
- Potential risks for investors due to weak regulation.
Account Opening
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
|
|
CMC Markets
The account opening process is standard but has some limitations.
Pros
- No minimum deposit requirement.
- Clear and transparent registration process.
Cons
- Requirement to provide extensive information.
- Restrictions for residents of certain countries.
MTrading
Opening an account with MTrading is a simple, convenient, and fast process.
Account Types
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Account Types | 2.3/5 | 4.3/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0.7 points | from 0 points |
| Max Leverage | 1:30 | 1:1000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
CMC Markets
Accounts meet basic needs but do not offer a wide selection.
Pros
- Availability of a demo account.
Cons
- No cent or Islamic accounts.
- No accounts with fixed spreads.
- No investment accounts (PAMM, copy trading).
MTrading
Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.
Pros
- Wide selection for different levels of experience.
- Ability to start trading with small amounts.
- Availability of copy trading service.
Cons
- Absence of accounts with fixed spreads.
Commissions
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Commissions | 4.7/5 | 1.5/5 |
| Spread | from 0.7 points | from 0 points |
| Average Spread (EURUSD) | 0.7 | 1.3 |
| Commission | No data | per 1 lot$4.00 |
CMC Markets
The broker offers competitive spreads and does not charge fees for depositing/withdrawing.
Pros
- No deposit or withdrawal fees.
- Competitive spreads and swaps.
- Cashback on trading commissions.
Cons
- Monthly inactivity fee.
MTrading
MTrading's commissions are above the market average, which can affect the overall profitability of the trader.
Pros
- There are no withdrawal fees.
Cons
- Commission per trade on M.Pro is above average.
- Almost all swaps are negative.
- Additional commission for account inactivity.
Deposit and Withdrawal
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Account Funding Methods |
|
|
CMC Markets
The broker offers flexibility and transparency in transactions.
Pros
- No fees for deposits or withdrawals.
- Fast processing of withdrawal requests.
Cons
- Some competitors offer more payment methods.
MTrading
MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.
Pros
- No commissions for depositing and withdrawing funds.
- Fast execution of payments.
- Support for cryptocurrency payments.
Cons
- Lack of popular methods such as bank transfer and credit cards.
Markets and Products
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Markets and Products | 4.4/5 | 4/5 |
| Forex | 336 | 38 |
| Precious Metals | 19 | 5 |
| Energy Carriers | 45 | 3 |
| Soft Commodities | 58 | - |
| Indices | 99 | 10 |
| Stocks | 10099 | 87 |
| ETF | 1200 | 9 |
| Bonds | 71 | - |
| Cryptocurrency | 336 | 12 |
CMC Markets
CMC Markets offers various trading instruments for multiple markets but with limited maximum leverage.
MTrading
MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.
Pros
- Access to 38 currency pairs in the Forex market.
- Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.
Cons
- Soft commodities are not available.
- The overall number of CFDs is average, lower than many competitors.
Trading Platforms
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Rating | 4.5/5 | 3.5/5 |
| Trading Platforms |
|
|
CMC Markets
The broker provides two powerful and flexible trading platforms.
Pros
- Availability of the popular MetaTrader 4 platform.
- Proprietary platform with extensive functionality and customization options.
Cons
- The proprietary platform may be complex for beginners.
- Lack of MetaTrader 5 platform.
MTrading
MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.
Pros
- Availability of the time-tested and popular MT4 platform.
- Additional features in MT4 Supreme Edition to enhance trading.
- Ability to trade through a browser with WebTrader.
Cons
- Lack of modern platforms such as MetaTrader 5 or cTrader.
Analytics
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Rating | 5/5 | 3/5 |
CMC Markets
The broker offers extensive analytical resources that assist traders in decision-making.
Pros
- Comprehensive commentary and forecasts from experts.
- Technical and fundamental analysis.
- News from Reuters and economic calendar.
MTrading
MTrading offers basic analytical tools, but they may seem limited compared to competitors.
Pros
- Access to up-to-date financial market news.
- Technical analysis from the company's experts.
Cons
- Lack of advanced analytical tools.
- No integrated services such as Autochartist or Trading Central are provided.
Education
Swipe the table left or right to view all data.
| Broker | CMC Markets | MTrading |
|---|---|---|
| Rating | 5/5 | 2.5/5 |
CMC Markets
The broker offers extensive and quality educational resources for traders of all levels.
Pros
- A wide range of educational forms: seminars, webinars, video conferences, courses.
- Classes conducted by leading traders and guest experts.
- Most materials are available for free to company clients.
MTrading
MTrading offers basic educational materials targeted at beginner traders, but their range is limited.
Pros
- Articles on the basics of Forex.
- Overviews of indicators and strategies.
Cons
- Lack of advanced educational resources.
- No webinars or video tutorials are provided.
- Limited variety of topics.
Customer Support
Swipe the table left or right to view all data.
CMC Markets
CMC Markets provides quality technical support operating 24/5, with prompt and professional responses.
Pros
- Support available 24/5.
- Prompt and professional responses.
Cons
- Lack of online chat for instant communication.
MTrading
MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.
Pros
- Availability of online chat for quick communication.
- Support through social media.
Cons
- Lack of telephone line and email support.
- Issues with response timeliness.
- Complaints about ineffective resolution of finance-related issues.
Comparisons of CMC Markets and MTrading with other brokers
Conclusion
When choosing between CMC Markets and MTrading, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: CMC Markets or MTrading?
CMC Markets ranks higher than MTrading in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: CMC Markets or MTrading?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — CMC Markets or MTrading?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with CMC Markets and MTrading?
CMC Markets: MetaTrader 4, CMC Markets. MTrading: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with CMC Markets and MTrading?
CMC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. MTrading: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by CMC Markets and MTrading?
CMC Markets: CFD. MTrading: M.Cent, M.Premium, M.Pro. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by CMC Markets and MTrading?
CMC Markets: PayPal, Bank Transfer, Visa, Mastercard, Maestro, Online banking. MTrading: Neteller, Skrill. Check method-specific fees/settlement times.
Which broker is safer — CMC Markets or MTrading — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
