CMC Markets vs FXTM (ForexTime): which broker is better in 2026?
We compare CMC Markets and FXTM (ForexTime) — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, CMC Markets edges ahead (4.0/5), but the right choice depends on what matters most to you — check the breakdown below.
Side-by-side comparison
CriteriaCMC MarketsFXTM (ForexTime)
Overall score 4.0 3.5
Regulation & safety 4.0 3.0
Fees & deposit 3.5 3.5
Platform & assets 4.5 4.0
User support 4.0 3.5
Trust score80/10068/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsProprietary web platform (Next Generation), MetaTrader 4, TradingView (integrated), Mobile appMetaTrader 4, MetaTrader 5
Fee modelSpread & commission model varies per product — details not yet verifiedStandard / advantage spread; figures vary
Pros & cons
- Public company (LSE FTSE 250, since 1989) regulated by the FCA + Bermuda Monetary Authority
- Highly regarded Next Generation platform + MT4 + TradingView integration
- Broad coverage: forex/share/index CFDs, spread betting, and share dealing
- Historical note: ASIC once ordered retail-client remediation over margin-netting breaches
- Focus on leveraged CFD/spread betting products — high-risk
- Not the choice for those chasing the cheapest cost/raw ECN
- Strong presence in Africa & Asia; good education
- FCA/CySEC licenses for certain entities
- MT4/MT5 + various account types
- Many retail clients via the Mauritius entity (lighter regulation)
- Standard spread is not the cheapest
- Leverage is high-risk
Regulation at a glance
CMC Markets
Regulated by the FCA in the UK; holds an additional license from the Bermuda Monetary Authority. Listed on the London Stock Exchange (FTSE 250).
FXTM (ForexTime)
ForexTime (FXTM) — regulated by the FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius). Many clients via the Mauritius entity.