Best CMC Markets Alternatives ranked by AI · updated Aug 2026

CMC Markets is a multi-asset online broker offering forex, CFDs, shares, ETFs, and other products in supported countries. Its Next Generation platform is known for advanced charting, screening, and a broad instrument catalogue.

Developer: CMC Markets Price: Variable spreads; commissions apply to selected products; fees vary by region 🎯 cmcmarkets.com

Top 6 CMC Markets alternatives

3 Avatrade logo

Avatrade

AvaTrade

AvaTrade is an online broker for retail traders seeking access to forex, CFDs, options, and other leveraged products. It offers proprietary and...

Pros

  • Offers forex, CFDs, options, and copy-trading tools in one account
  • Supports MetaTrader alongside its own AvaTradeGO platform
  • Provides fixed-spread pricing on selected instruments

Cons

  • CFD and leveraged trading carries substantial loss risk
  • Spreads can be less competitive than specialist forex brokers
  • Inactivity and overnight financing fees can reduce returns

Variable spreads; no commission on most instruments; fees vary by region

4 Trading 212 logo

Trading 212

Trading 212

Trading 212 is a mobile-first broker for retail investors and CFD traders, with stocks, ETFs and interest-bearing cash features in supported regions....

Pros

  • Simpler investing experience than XTB for beginners
  • Pies support recurring contributions and portfolio automation
  • Offers fractional shares and commission-free stock and ETF trading in supported regions

Cons

  • Fewer advanced trading tools and markets than Interactive Brokers
  • CFD and invest accounts are separate products with different risks
  • FX charges can matter when buying assets in another currency

Commission-free trading; FX fees and other charges vary

5 Plus500 logo

Plus500

Plus500

Plus500 is a retail trading platform focused primarily on CFDs across forex, stocks, indices, commodities, cryptocurrencies and other markets. It provides a...

Pros

  • Simple interface for trading a broad CFD instrument range
  • Includes guaranteed stop options in selected markets
  • Strong mobile and web apps with integrated alerts

Cons

  • Less suitable for algorithmic trading than MetaTrader or cTrader
  • Research and chart customization are more limited than TradingView
  • CFD-only exposure may not suit long-term investors

Free; spreads and other trading fees vary

6 Pepperstone logo

Pepperstone

Pepperstone Group

Pepperstone is a forex and CFD broker focused on competitive execution and support for MetaTrader, cTrader, and TradingView. It primarily serves active...

Pros

  • Generally stronger execution and pricing than offshore brokers
  • Supports MetaTrader, cTrader, and TradingView
  • Competitive active-trader and algorithmic-trading setup

Cons

  • Commission accounts are more complex than standard pricing
  • Market coverage is narrower than full-service brokers
  • Protection and leverage depend on the specific entity

Variable spreads; Razor pricing from 0.0 pips plus commission

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