CMC Markets vs XTB: 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 MarketsXTB
Licence Score86Very strong75Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record66
1 FCA United Kingdom Licensed · FRN 173730Licensed
1 ASIC Australia Licensed · AFSL 238054—
1 MAS Singapore Licensed—
1 BaFin Germany Licensed—
1 CIRO Canada Licensed—
2 CySEC Cyprus —Licensed
2 FSCA South Africa —Licensed
2 DFSA United Arab Emirates —Licensed
2 FMA (NZ) New Zealand Licensed—
2 KNF Poland —Licensed
4 FSC (Belize) Belize —Licensed
Founded19892002
HeadquartersUnited KingdomPoland
TypeSpread betting & CFD providerMulti-asset broker
Publicly listedLSE:CMCXWSE:XTB
PlatformsProprietary, MT4, MT5, TradingViewProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is CMC Markets or XTB better regulated?

CMC Markets has the higher Licence Score (86 vs 75), based on the number and tier of licences, operating history and public listing.

Which regulators license both CMC Markets and XTB?

Both are matched to licences from 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.