CMC Markets vs Interactive Brokers: 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 MarketsInteractive Brokers
Licence Score86Very strong83Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record68
1 FCA United Kingdom Licensed · FRN 173730Licensed
1 ASIC Australia Licensed · AFSL 238054Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States —Licensed
1 MAS Singapore LicensedLicensed
1 BaFin Germany Licensed—
1 CIRO Canada LicensedLicensed
1 SFC Hong Kong —Licensed
1 CBI Ireland —Licensed
2 FMA (NZ) New Zealand Licensed—
Founded19891978
HeadquartersUnited KingdomUnited States
TypeSpread betting & CFD providerMulti-asset broker
Publicly listedLSE:CMCXNASDAQ:IBKR
PlatformsProprietary, MT4, MT5, TradingViewProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is CMC Markets or Interactive Brokers better regulated?

CMC Markets has the higher Licence Score (86 vs 83), based on the number and tier of licences, operating history and public listing.

Which regulators license both CMC Markets and Interactive Brokers?

Both are matched to licences from ASIC, CIRO, FCA and MAS.

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.