CMC Markets vs FXFlat: 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 MarketsFXFlat
Licence Score86Very strong60Moderate
Strongest licence 1 Tier 1 1 Tier 1
Licences on record61
1 FCA United Kingdom Licensed · FRN 173730—
1 ASIC Australia Licensed · AFSL 238054—
1 MAS Singapore Licensed—
1 BaFin Germany LicensedLicensed
1 CIRO Canada Licensed—
2 FMA (NZ) New Zealand Licensed—
Founded19892004
HeadquartersUnited KingdomGermany
TypeSpread betting & CFD providerForex & CFD broker
Publicly listedLSE:CMCXNo
PlatformsProprietary, MT4, MT5, TradingViewMT4, MT5, Proprietary
Minimum depositNo minimum—
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Frequently asked questions

Is CMC Markets or FXFlat better regulated?

CMC Markets has the higher Licence Score (86 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both CMC Markets and FXFlat?

Both are matched to licences from BaFin.

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.