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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

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Broker 2
VS field
CMC Markets

cmcmarkets.com

CFD BrokerForex BrokerCommodity CFD
IC Markets

icmarkets.com

Forex BrokerMulti Asset BrokerStock CFD
Decision summary
Overall score
83
90
Trust score
87
99
Cost score
78
85
Platform score
92
94
Withdrawal score
77
86
Best for
Best suited to active traders and investors wanting a well-regulated, multi-asset platform with strong proprietary tools and broad CFD/forex coverage; publish with prominent regio…
Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi…
Watch out
Needs verification
Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or…
Trust & regulation
Regulators
CMC Markets group entities are regulated by FCA, ASIC, MAS, CIRO, BaFin, DFSA, and BMA, depending on client jurisdiction/entity.
Source
Financial Services Authority of Seychelles (FSA)
Source
License numbers
Known official registration/licence references include FCA 173730, FCA 948126, AFSL 238054, AFSL 246381, UEN 200605050E, BaFin 154814, DFSA f002740, Bermuda company 202302718, and CIRO/CIPF membership.
Source
Securities Dealer license number SD018
Source
Regulated entities
Multiple local CMC Markets entities are disclosed; client entity depends on jurisdiction and product.
Source
Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018.
Source
Negative balance protection
Retail negative balance protection is disclosed for UK leveraged accounts and Bermuda retail clients; not available to professional clients; not applicable to cash equities.
Source
No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
Source
Investor compensation
UK eligible clients: FSCS up to £85,000. Canada: CIPF membership. Other jurisdictions reviewed disclose segregation but no comparable amount in sources checked.
Source
Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
Source
Restricted countries
CMC states CFD services are not available to US residents; iOS app access is limited to listed permitted regions; broader availability depends on local law and entity.
Source
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
Source
Costs & account conditions
Minimum deposit
No minimum deposit for UK/international trading accounts; UK equities page states minimum deposit amount £1 for share/ETF investing.
Source
No minimum deposit requirement disclosed for opening a trading account.
Source
Spread from
Spreads from 0.2 points on UK spread betting/CFD account comparison; FX Active from 0.0 pips on six major FX pairs; international advertises 0.0 pips FX minimum spread.
Source
Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip.
Source
Commission
Commission varies by account/product: UK equities 0%; FX Active 0.0025% per transaction ($2.50 per $100k); share/ETF CFD commissions vary by market/account table.
Source
Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side.
Source
Maximum leverage
Maximum leverage is entity/jurisdiction dependent: UK retail table shows 30:1; international page shows 1:200 maximum retail leverage; ASIC rules impose product-specific caps.
Source
IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time.
Source
Deposit fee
UK deposits are free from CMC; external card issuer/bank charges may apply. Other regions require review of platform/client portal or local fee schedules.
Source
IC does not charge additional deposit fees; bank/intermediary fees may apply.
Source
Withdrawal fee
UK card and standard bank transfer withdrawals: no CMC charge; international transfers may carry fees displayed on platform.
Source
IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
Source
Inactivity fee
UK leveraged accounts: £10/month after one year of inactivity if funds are available; no negative balance from dormancy; equities marked N/A in account comparison.
Source
No account inactivity fees.
Source
Markets, platforms & payments
Tradable assets
Tradable universe includes forex, indices, commodities, shares, ETFs, rates/bonds/treasuries, options and some crypto CFDs, with counts varying by jurisdiction and platform.
Source
Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs.
Source
Trading platforms
CMC proprietary web/mobile platforms, MT4, MT5 (international/Canada), and TradingView integration; exact availability varies by region/account.
Source
MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade.
Source
Account types
Official account types include equities, CFD trading, options, FX Active, spread betting, corporate CFD, and CMC Invest plans depending on jurisdiction.
Source
Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries.
Source
Deposit methods
Deposit methods vary by region: UK card/online banking/bank transfer; international card/bank transfer/crypto via Binance Pay/Neteller/Skrill; Canada CAD/USD credit card and wire transfer.
Source
Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency.
Source
Withdrawal methods
UK withdrawals by card or bank transfer; international page advertises nominated bank account, card, cryptocurrency or digital wallet; third-party payments rejected/not supported.
Source
Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal.
Source
Withdrawal processing time
UK: same-day internal processing before cut-off for registered bank details; card issuer timing within an hour to five working days; domestic bank 1-2 working days; international bank 3-5 working days.
Source
Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method.
Source

BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.