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CMC Markets vs Plus500
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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
Feature | CMC Markets | Plus500 |
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Website | //www.cmcmarkets.com | //www.plus500.com |
Founded year | 1989 | 2008 |
Headquarter | UK | Israel |
Licenses | UK, Australia, Canada, Singapore, New Zealand, Germany | UK, Cyprus, Australia, South Africa, Seychelles, Singapore, New Zealand, Israel, Estonia, UAE |
Minimum Deposit | 0 US$ | 100 US$ |
Trading Platforms | CMC Web, CMC Mobile, MT4 | Plus500 Platform |
Eurusd avg Spread | 0.7 pips | 0.6 pips |
Licenses
Feature | CMC Markets | Plus500 |
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Licenses Countries Info (short) |
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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
Feature | CMC Markets | Plus500 |
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Broker types |
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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
Feature | CMC Markets | Plus500 |
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Trading Conditions |
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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 & Commissions | CMC Markets | Plus500 |
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Inactivity Feemonth | 10 $ | $10 |
Deposit fee | 0 $ | 0$ |
Withdrawal fee | 0 $ | 0$ |
Rollover fee eurusd buy 1 lot | -0.0027% | -0.0128% |
Rollover fee eurusd sell 1 lot | +0.0027% | 0.003% |
Avg Eurusd standard acc | 0.7 pips | 0.6 pips |
Gold | 0.33 | 29 |
Brent oil | 2.5 pips | 2 pips |
Bitcoin | 0.75% | 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
Feature | CMC Markets | Plus500 |
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Account types |
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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 & Instruments | CMC Markets | Plus500 |
---|---|---|
Forex | 330 | 71 |
Indices | 80 | 29 |
Commodities | 100 | 22 |
Cryptocurrencies | 21 | 14 |
Shares | 9,000 | 2000+ |
Bonds | 56 | ❌ |
Options | ❌ | ✔️ |
Binary options | ❌ | ❌ |
Spread betting | ✔️ | ❌ |
Treasuries | ✔️ | ❌ |
Futures | ❌ | ❌ |
Etfs | 1000+ | 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
Feature | CMC Markets | Plus500 |
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Platforms |
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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
Feature | CMC Markets | Plus500 |
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Payment methods |
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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
Feature | CMC Markets | Plus500 |
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Others |
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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.