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CMC Markets vs Plus500

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CMC Markets
Plus500

Compare CMC Markets Vs Plus500 Side by Side

Selecting between CMC Markets vs Plus500 and wish to see which broker better suitd your needs? We made a detailed comparison between CMC Markets Review and Plus500 Review, comparing safety and licenses, trading conditions with fees, trading platforms, instruments, deposit & withdrawal conditions, and all the essential details side by side.

Summary

FeatureCMC MarketsPlus500
Website//www.cmcmarkets.com//www.plus500.com
Founded year19892008
HeadquarterUKIsrael
LicensesUK, Australia, Canada, Singapore, New Zealand, GermanyUK, Cyprus, Australia, South Africa, Seychelles, Singapore, New Zealand, Israel, Estonia, UAE
Minimum Deposit0 US$100 US$
Trading PlatformsCMC Web, CMC Mobile, MT4Plus500 Platform
Eurusd avg Spread0.7 pips0.6 pips

Licenses

FeatureCMC MarketsPlus500
Licenses Countries Info (short)
  • ASIC
  • IIROC
  • FMA
  • MAS
  • FCA
  • ASIC
  • CySEC
  • ISA
  • FMA
  • IE Singapore
  • FSCA
  • CBUAE
  • FCA
  • FSA

CMC Markets and Plus500 are both well-established brokers, operating in multiple jurisdictions and holding licenses from regulatory authorities such as FCA, ASIC, and CySEC. Additionally, they have established international entities to offer their services globally. Notably, CMC Markets, with a history dating back to 1989, has built a strong reputation for its fair and reliable operations over several decades.

Broker Types

FeatureCMC MarketsPlus500
Broker types
  • OTC
  • Market Making
  • Market Making

Both brokers execute their trades as Market Makers, which means they act as counterparties to their clients’ trades, providing liquidity and facilitating transactions within their platforms.

Trading Conditions

FeatureCMC MarketsPlus500
Trading Conditions
  • beginners
  • commission
  • fixed spread
  • floating spread
  • guaranteed stop loss
  • low spread
  • tight spread
  • auto
  • expert advisor
  • hedging
  • scalping
  • commission
  • fixed spread
  • floating spread
  • low spread
  • high leverage
  • tight spread
  • zero spread
  • auto
  • hedging
  • scalping

CMC Markets caters well to beginner traders, providing flexible conditions without strategy restrictions and offering trading tools like EAs, all accompanied by some of the lowest spreads available. While Plus500 may be better suited for professional traders due to its excellent technical solutions and API trading tools, which are complemented by competitive low spreads.

Fees & Commissions

Fees & CommissionsCMC MarketsPlus500
Inactivity Feemonth10 $$10
Deposit fee0 $0$
Withdrawal fee0 $0$
Rollover fee eurusd buy 1 lot-0.0027%-0.0128%
Rollover fee eurusd sell 1 lot+0.0027%0.003%
Avg Eurusd standard acc0.7 pips0.6 pips
Gold0.3329
Brent oil2.5 pips2 pips
Bitcoin0.75%0.35%

Both brokers maintain highly competitive spreads, delivering tight spreads and cost-effective fee structures with no deposit or withdrawal fees. However, it’s important to note that both brokers impose inactivity fees if an account remains inactive for a certain duration.

Account Types

FeatureCMC MarketsPlus500
Account types
  • Standard Account
  • MAM Account
  • PAMM Account
  • Standard Account
  • MAM Account
  • PAMM Account

CMC Markets offers both standard and professional account options, featuring competitive spreads and commissions, and utilizes its proprietary Next Generation trading platform. On the other hand, Plus500 provides a single account type with low spreads and commissions. Neither broker offers Islamic accounts for Muslim traders. (See our list of Forex Brokers with Islamic Account)

Markets & Instruments

Markets & InstrumentsCMC MarketsPlus500
Forex33071
Indices8029
Commodities10022
Cryptocurrencies2114
Shares9,0002000+
Bonds56
Options✔️
Binary options
Spread betting✔️
Treasuries✔️
Futures
Etfs1000+95

CMC Markets takes a clear lead by offering a broader array of trading markets in comparison to Plus500, and it also boasts a larger number of available instruments. Additionally, for its UK traders, CMC Markets provides the option of Spread Betting.

Trading Platforms

FeatureCMC MarketsPlus500
Platforms
  • own platform
  • MetaTrader 4
  • own platform

CMC Markets holds an advantage when it comes to trading platforms, providing its proprietary platform with exclusive features for traders, along with the industry-standard MetaTrader 4 platform. In contrast, Plus500 offers only its proprietary platform, which is better tailored to professional traders seeking advanced technical solutions.

Deposit & Withdrawal Methods

FeatureCMC MarketsPlus500
Payment methods
  • credit card
  • debit card
  • PayPal
  • credit card
  • debit card
  • neteller
  • PayPal
  • skrill

CMC Markets provides a relatively limited selection of payment methods, including bank transfers and Visa/Master Cards, as well as one e-wallet option. In contrast, Plus500 offers a more extensive range of payment options, including various e-wallets, providing greater flexibility for its users.

Others

FeatureCMC MarketsPlus500
Others
  • Webinar
  • Video Tutorial
  • telephone
  • live chat
  • 24/5 availability
  • Webinar
  • Video Tutorial
  • live chat
  • 24/5 availability

Both CMC Markets and Plus500 offer excellent customer support, maintaining a high standard of professionalism and sustainability. CMC Markets stands out by providing a comprehensive learning center that covers a wide range of topics, making it easy for users to enhance their knowledge. In contrast, Plus500 offers a more limited selection of educational materials and does not provide specific trading courses or live webinars.

Conclusion on Plus500 vs CMC Markets

In summary of Plus500 and CMC Markets, we have found both brokers to be reputable and dependable, with strong international offerings and robust regulatory oversight. Both excel in providing favorable trading conditions, thanks to their extensive experience in the industry. Nevertheless, CMC Markets stands out as the preferred choice for its wider range of trading instruments including Spread Betting, platform options, comprehensive education, and cost-efficiency. On the other hand, Plus500 is recommended for professional traders seeking more sophisticated trading options. Here is our final recommendation:

  • CMC Markets – 🥇Best Customer Support Broker for having one of the lowest spreads in the industry suitable for all traders.
  • Plus500 – 🥇Best Broker for Technical Trading offering better conditions for Professional Traders.