2.8 / 5
Rating breakdown
Things we didn't like:
High stock CFD feesOnly CFDs are available
Customer support only 24/5
Why would you want an alternative to CMC MARKETS?
Considering an alternative to CMC Markets may be warranted due to specific shortcomings. Despite robust educational content, which lacks progress tracking, quizzes, and interactive features, CMC Markets falls short in providing a fully interactive learning experience that some traders may prefer. The MetaTrader 4 (MT4) account offered by CMC Markets includes fewer tradeable symbols compared to its proprietary platform, limiting the diversity of trading opportunities for MT4 users. Additionally, CMC Markets does not support MetaTrader 5 (MT5), which offers more advanced features than MT4, potentially restricting traders who rely on these advanced tools for analysis and trading.
What other users do not like about CMC Markets
CMC Markets TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, CMC Markets has currently 2k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.20/5.00.
Main Complains according to the Users' Reviews
- The app and website keep freezing
What to look for in a CMC MARKETS Alternative?
When seeking an alternative to CMC Markets, prioritize brokers that offer a comprehensive educational experience with progress tracking and interactive content to enhance your learning and skill development. Look for brokers that provide a wide range of tradeable symbols across all platforms, ensuring diverse trading opportunities for all types of traders. If you prefer MetaTrader platforms, consider brokers that support both MT4 and MT5 to take advantage of advanced trading features and tools. Ensure the alternative broker offers a robust and user-friendly proprietary platform with competitive pricing and comprehensive research resources to support informed trading decisions effectively. By focusing on these aspects, you can find a broker that better aligns with your trading needs and preferences compared to CMC Markets.
Best CMC MARKETS alternatives – forex brokers like (or better than) CMC MARKETS
4.3 / 5
Rating breakdown
Things we liked:
Up to 500:1 leverageLow minimum deposit requirement
Things we didn't like:
Absence of a direct telephone number for customer supportOspreyfx is not a fully licensed and regulated broker
OspreyFX Overview
Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.
4.2 / 5
Rating breakdown
Things we liked:
AvaTrade has low trading feesThe account opening is user-friendly and fast
It offers a lot of deposit and withdrawals options free of charge
Things we didn't like:
The product portfolio is limited as it offers only CFDs, forex, and cryptosThe research tools are limited
AvaTrade Overview
Since its establishment in 2006, AvaTrade has expanded to 11 countries and offers an array of trading platforms for web, desktop, and mobile use. It facilitates trading in spot forex, forex options, and CFDs across various asset classes, including cryptocurrencies. AvaTrade boasts 300,000 registered traders executing over 3 million trades monthly, with a total traded value exceeding $1.47 trillion.
4.0 / 5
Rating breakdown
Things we liked:
XM has low trading feesThe account opening is user-friendly and fast
Lots of educational tools
Things we didn't like:
XM has a limited product portfolioThe research tools are limited
It charges inactivity fees
XM Overview
XM is a CySEC, ASIC and IFSC regulated, multi-asset class broker offering to trade on more than 1,000+ tradable CFD’S on Forex, Stocks, Commodities, Indices, Metals and Energies on the globally-recognised trading platforms MetaTrader 4 and MetaTrader 5 for PC, Mac, Web, iOS and Android systems.