CMC Markets vs Interactive Brokers
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.7
4.5
10 pts
Head to head
Winners by category
Full comparison table
Rating
CMC Markets
4.7
Interactive Brokers
4.5
Model score
CMC Markets
90
Interactive Brokers
80
Regulation
CMC Markets
FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), IIROC (Canada), FMA (New Zealand), DFSA (Dubai)
Interactive Brokers
Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan).
Spreads
CMC Markets
Spreads start from 0.0 pips on major pairs via FX Active, and from 0.7 pips on Standard accounts. Automated 100% electronic execution hosted on London servers.
Interactive Brokers
Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices.
Fees
CMC Markets
Standard CFD Account: Spread-only pricing (average EUR/USD ~0.65 pips). FX Active Account: Raw spreads from 0.0 pips + 0.0025% commission per side ($2.50 per $100k). No minimum deposit required.
Interactive Brokers
Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn).
Platforms
CMC Markets
Next Generation Platform, CMC Mobile App, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
Interactive Brokers
ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting.
Account types
CMC Markets
Individual CFD Account, FX Active Account, Spread Betting (UK), Professional Account, Demo Account
Interactive Brokers
Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing).
Min deposit
CMC Markets
$0 (Varies)
Interactive Brokers
$0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000).
| Topic | CMC Markets | Interactive Brokers |
|---|---|---|
| Rating | 4.7 | 4.5 |
| Model score | 90 | 80 |
| Regulation | FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), IIROC (Canada), FMA (New Zealand), DFSA (Dubai) | Highly trusted and authorized by eight Tier-1 regulators. Key regulatory bodies include the SEC and FINRA (USA), FCA (UK), ASIC (Australia), IIROC (Canada), MAS (Singapore), and JFSA (Japan). |
| Spreads | Spreads start from 0.0 pips on major pairs via FX Active, and from 0.7 pips on Standard accounts. Automated 100% electronic execution hosted on London servers. | Instead of marking up spreads, IBKR aggregates liquidity from top global banks to provide raw, interbank spreads. Orders are executed using IBKR's SmartRouting technology to ensure the best available prices. |
| Fees | Standard CFD Account: Spread-only pricing (average EUR/USD ~0.65 pips). FX Active Account: Raw spreads from 0.0 pips + 0.0025% commission per side ($2.50 per $100k). No minimum deposit required. | Excellent transparent pricing structure. There are no monthly inactivity fees or account maintenance fees. Forex trading uses a commission-based model starting at 0.20 basis points (0.002%) of trade value, with a typical minimum of $2.00 per order ($4.00 round turn). |
| Platforms | Next Generation Platform, CMC Mobile App, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | ncludes the advanced Trader Workstation (TWS) desktop platform, the streamlined IBKR Desktop, IBKR Mobile, and the beginner-friendly IBKR GlobalTrader app. It also supports TradingView for advanced charting. |
| Account types | Individual CFD Account, FX Active Account, Spread Betting (UK), Professional Account, Demo Account | Offers Individual, Joint, Trust, IRA, and various Institutional/Corporate accounts. Pricing is broadly split into IBKR Lite (commission-free for U.S. equities) and IBKR Pro (designed for active traders with advanced order routing). |
| Min deposit | $0 (Varies) | $0 for standard individual cash or retirement accounts. (Note: Accessing margin trading requires a minimum net liquidating value of $2,000, and institutional/advisor accounts require $10,000). |


