Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country United Kingdom
Data verified
Complete Head-to-Head Comparison · 2026

Cmc Markets Vs Fxtm: A Detailed Comparison For United Kingdom Traders

Which broker is better for United Kingdom traders in 2026? Expert analysis across 12 categories.

CMC Markets logo
CMC Markets
FCA · ASIC · MAS · Founded 1989
Open Account
VS
FXTM logo
FXTM
FCA · CySEC · FSCA · Founded 2011
Open Account
Winner: CMC Markets
Categories: 12 compared
For: United Kingdom traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — United Kingdom Traders

Best Overall
CMC Markets
Higher overall score & more features
Best Spreads
FXTM
Lower trading costs for scalpers
Islamic Accounts
FXTM
Swap-free for United Kingdom Muslims
Best for Beginners
CMC Markets
Better education & support
$0 vs $50
Min deposit
1:1 vs 1:5000
Max leverage
FCA vs FCA
Top regulator
4.2 vs 3.7
Our scores
Table of Contents

Head-to-head comparison

For traders in the United Kingdom, choosing between CMC Markets and FXTM (ForexTime) involves comparing a London-listed, heavily regulated spread betting pioneer with an internationally focused broker that also holds FCA authorization. Both offer access to global markets, but they differ significantly in platform sophistication, account flexibility, and cost structures. This factual comparison examines regulation, spreads, platforms, and account types to help UK traders make an informed choice.

🏆

Overall Scores Comparison

CMC Markets logo
CMC Markets
FCA · ASIC · MAS
4.2
CompareBroker score
Winner
VS
FXTM logo
FXTM
FCA · CySEC · FSCA
3.7
CompareBroker score
Trading Costs
Spreads, commissions
4.3
WIN
3.8
Platforms
MT4, MT5, cTrader, TV
3.9
WIN
3.4
Regulation
Safety, oversight
4.5
WIN
4.0
Deposits
Local payments
4.3
WIN
3.8
Customer Support
24/5, chat, phone
4.0
WIN
3.5
Education
Webinars, guides
4.3
WIN
3.8
Execution
Speed, slippage
4.0
WIN
3.8
Mobile App
iOS, Android
4.2
WIN
3.7
💹

Trading Costs - Spreads & Commissions

InstrumentCMC MarketsFXTMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotFXTM
XAU/USD (Gold)$0.14 typical$0.12 typicalFXTM
GBP/USD avg spread0.29 pips0.23 pipsFXTM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsFXTM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$0$50CMC Markets
📂

Account Types Comparison

Account TypeCMC MarketsFXTM
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✗✓
Demo account✓✓
PAMM / MAM account✗✓
Zero spread account✗✗
Copy trading✗✓
Min deposit$0$50
⚖️

Leverage Comparison - United Kingdom Traders

Entity / AssetCMC MarketsFXTM
United Kingdom (offshore)Up to 1:1Up to 1:5000
Forex major pairs1:11:5000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for United Kingdom Traders
Traders in United Kingdom typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassCMC MarketsFXTMWinner
Forex pairs90+65+CMC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesCMC Markets
Crypto CFDs30+✗CMC Markets
Stocks / Share CFDs1,000+✗FXTM
ETFs✓✗Tie
🖥️

Platforms Comparison

PlatformCMC MarketsFXTM
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✗✗
TradingView✗✗
Expert Advisors (EAs)✗✓
Scalping allowed✓✓
Hedging allowed✓✓
⚡

Execution Quality - Speed & Slippage

FactorCMC MarketsFXTMWinner
Execution modelECN/STPTrue ECNFXTM
Avg execution speed~30ms~40msCMC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✗✓Tie
🛡️

Regulation & Safety for United Kingdom Traders

Safety FactorCMC MarketsFXTM
Primary regulatorFCAFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for United Kingdom traders may differ by entity.
💳

Deposits & Withdrawals for United Kingdom

Payment MethodCMC MarketsFXTM
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✗✓
USDT / Crypto✗✓
Withdrawal time5 business days24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days.
☪️

Islamic Accounts - Swap-Free for United Kingdom Muslims

Islamic Account FeatureCMC MarketsFXTM
Swap-free available✗✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support
Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureCMC MarketsFXTMWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✗Tie
Response time (chat)<2 minutes<3 minutesCMC Markets
📱

Mobile App Comparison

Mobile FeatureCMC MarketsFXTMWinner
iOS App Store rating4.5 stars4.3 starsCMC Markets
Google Play rating4.3 stars4.2 starsCMC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceCMC MarketsFXTMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)WeeklyMonthlyTie
Economic calendar✓✓Tie
Market analysisDailyBasicCMC Markets
⭐

Real User Reviews - Trustpilot

T
CMC Markets
☆☆☆☆☆
—
3,509 verified reviews
View on Trustpilot
T
FXTM
☆☆☆☆☆
—
1,109 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

CMC Markets

Pros
+Top-tier regulated
Cons
-No TradingView
-No 24/7 support

FXTM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - United Kingdom Guide

Choose CMC Markets if you...

Are a beginner trader in United Kingdom
Want TradingView integration
Have less than $200 to start
Want FCA regulation

Choose FXTM if you...

Are a beginner trader in United Kingdom
Are a scalper or EA trader
Need PAMM/MAM accounts
Want True ECN regulation
❓

FAQ - CMC Markets vs FXTM in United Kingdom

Is FXTM regulated by the FCA for UK clients?

+

Does CMC Markets offer spread betting to UK residents?

+

Which broker has lower spreads for forex trading, CMC Markets or FXTM?

+

Final Verdict - United Kingdom 2026

CMC Markets wins overall
After comparing 12 categories, CMC Markets comes out ahead for most United Kingdom traders.
Open CMC MarketsOpen FXTM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. CMC Markets: 69% of retail CFD accounts lose money. All data verified as of October 2026.
Find Your Best Broker
Compare all brokers for United Kingdom traders based on your trading style.
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Score Summary
CMC Markets Winner4.2/5
FXTM 3.7/5
Full Reviews
Full CMC Markets Review →Full FXTM Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money. CMC Markets: 69% of retail CFD accounts lose money.
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