Head-to-head comparison

CMC Markets vs FXOpen

A side-by-side look at CMC Markets and FXOpen — score, fees, platforms and who each one actually fits best.

CMC Markets

Publicly listed, deep instrument range
4.2

Publicly traded (LSE: CMCX), long track record since 1989, broad CFD and forex range.

FXOpen

ECN legacy broker
3.8

Needs fresh English review before stronger recommendation

Quick verdict

CMC Markets scores higher overall (4.2 vs 3.8), but a higher score doesn't automatically mean it's the right pick for you.

CMC Markets is the stronger fit for wide market range, advanced charting via Next Generation platform, while FXOpen is built more around eCN-style forex trading and older MetaTrader workflows.

Regulation: CMC Markets — FCA, ASIC and more. FXOpen — FCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024.

Minimum deposit: CMC Markets — No minimum. FXOpen — Depends on account type.

Side by side

CMC MarketsFXOpen
Best forWide market range, advanced charting via Next Generation platformECN-style forex trading and older MetaTrader workflows
PlatformsNext Generation, MT4MT4, MT5, TickTrader
RegulationFCA, ASIC and moreFCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024
Minimum depositNo minimumDepends on account type

CMC Markets strengths

  • Publicly traded since 1989
  • Very wide instrument range
  • Advanced charting

FXOpen strengths

  • Long-running brand
  • ECN positioning
  • Existing affiliate tracking

Which one should you pick?

Pick CMC Markets if you're mainly after wide market range, advanced charting via Next Generation platform. It stands out for publicly traded since 1989 and very wide instrument range.

Pick FXOpen if you're mainly after eCN-style forex trading and older MetaTrader workflows. It stands out for long-running brand and eCN positioning.

Common questions

CMC Markets vs FXOpen FAQ

Is CMC Markets better than FXOpen?

CMC Markets scores higher in our rating (4.2 vs 3.8), but FXOpen may still be the better fit if you specifically need eCN-style forex trading and older MetaTrader workflows.

What's the difference in regulation between CMC Markets and FXOpen?

CMC Markets: FCA, ASIC and more. FXOpen: FCA, CySEC (194/13) - operating since 2005; ASIC licence discontinued 2024.

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