CMC Markets vs FXCM: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeCMC MarketsFXCM
Licence Score86Very strong72Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record64
1 FCA United Kingdom Licensed · FRN 173730Licensed · FRN 217689
1 ASIC Australia Licensed · AFSL 238054Licensed
1 MAS Singapore Licensed—
1 BaFin Germany Licensed—
1 CIRO Canada Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
2 FMA (NZ) New Zealand Licensed—
Founded19891999
HeadquartersUnited KingdomUnited Kingdom
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedLSE:CMCXNo
PlatformsProprietary, MT4, MT5, TradingViewProprietary, MT4, TradingView
Minimum depositNo minimumUS$50
VisitVisit siteVisit site

Frequently asked questions

Is CMC Markets or FXCM better regulated?

CMC Markets has the higher Licence Score (86 vs 72), based on the number and tier of licences, operating history and public listing.

Which regulators license both CMC Markets and FXCM?

Both are matched to licences from ASIC and FCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.