CMC Markets Alternatives: Pros, Cons, And How It Stacks Up Updated for 2024
This alternatives to CMC Markets guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to CMC Markets to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to CMC Markets like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their customers. If you feel that CMC Markets is not quite right for you then it would be worth getting a demo account with some of the top CMC Markets alternatives and check if they are a better fit for you before moving any money around.
The most complete review of CMC Markets alternatives on the web
There are a lot of reasons CMC Markets may not be a good fit for you. Whatever reason you are looking for the top CMC Markets alternative or CMC Markets competitor with better services, comparebrokers.org try to give you as much useful information so you can find what it is you need. Below you can discover the best CMC Markets alternatives.
For each of the alternative to CMC Markets, we also highlight the key differences to CMC Markets and for each section show you the best alternatives. For each CMC Markets alternative online trading platform shown we also have detailed broker reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are not happy with CMC Markets, we can show you some great alternative brokersbrokers|online trading platforms|brokerages.
Trading with a professional and dependable broker is important for having a successful trading career. All of the CMC Markets alternative platforms listed in this CMC Markets alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
CMC Markets has a minimum desposit of $200, you can check how the minimum deposit requirements of CMC Markets compare with the minimum deposits of CMC Markets competitors. Online brokers offer lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
CMC Markets |
$200 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| IC Markets |
$200 |
Alternatives Offering Demo Accounts
CMC Markets offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before risking a live account.
Below we list some of the best alternatives to CMC Markets that has virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
CMC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
CMC Markets does not provide negative balance protection. If your balance is negative, CMC Markets suggests you contact client services. Then you can correct any imbalances in your own account.
Below we show some of the best alternatives to CMC Markets that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
CMC Markets |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
CMC Markets regrettably, does not offer guaranteed stop loss. CMC Markets provides an opportunity for its traders to close their trades at their specified price. Aside from that, CMC Markets doesn't provide guaranteed stop loss.
Below we list some of the best CMC Markets alternatives that has guaranteed stop loss available for their clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
CMC Markets |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
CMC Markets do allow scalping. Many traders across the world choose CMC Markets for their scalping services. They offer trading on Web Trader, Binary, Tablet & Mobile apps which let this.
Below we show some of the top alternatives to CMC Markets that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
CMC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
CMC Markets do allow hedging. Many traders around the world select CMC Markets due to their hedging services. They offer trading on Web Trader, Binary, Tablet & Mobile apps.
Below we detail some of the best alternatives to CMC Markets that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
CMC Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Regretably, CMC Markets does not offer social trading.
Below we show some of the top CMC Markets alternatives that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
CMC Markets |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, CMC Markets does not offer copy trading.
Below we show some of the top CMC Markets alternatives that allow copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
CMC Markets |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare CMC Markets To All Other Brokers