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Stefan is a financial writer and Forex trading enthusiast with over a decade of experience in finance and technology. His interest in geopolitics, big data, and market sentiment drives his analysis of global market trends, with unbiased, well-researched content to help traders navigate the markets confidently.
Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.
In the fast-paced world of forex trading, choosing the right broker is crucial. CMC Markets and Exness are two popular options, each with unique strengths and weaknesses. This comparison will dive into the key features of both platforms,helping you decide which one best suits your trading style and goals.
The radar chart above illustrates the comparison between CMC Markets and Exness across several key metrics, with the highest possible score being 100 in each category.
At FxScouts, our mission is to assist traders in finding the broker that best suits their needs. Comparing brokers side-by-side is an effective method to achieve this goal. We evaluated CMC Markets and Exness, using our standard criteria: trust and regulation, trading platforms, costs and trading conditions, and educational and market analysis resources.
Trust and regulation are crucial when selecting a Forex broker. A broker’s credibility is largely built on its regulatory status. We spend considerable time verifying the safety of each broker by examining their regulatory licenses. We also consider numerous factors when deciding which tier a regulator belongs to. Regulators that we rank as the world’s top regulators, gets a tier 1 rank, while regulators who only scores a tier 5-rank, provide virtually no regulatory oversight. The more top-tier authorities regulating a broker, the higher its trust rating. Read more about regulation and our tier system here.
In our comparison:
Based on these findings, CMC Markets earned a higher trust rating than Exness.
When comparing brokers, trading costs are a significant factor. We consider the minimum deposit required to open an account and ongoing costs, including spreads and commissions. We measure the cost to trade one lot of EUR/USD using the broker’s account with the lowest minimum deposit, including both the spread and any commission charged.
We found that CMC Markets and Exness have the same trading costs.
Trading Platforms Offered Traders prefer brokers that offer a variety of trading platforms. We rate brokers higher if they support multiple platforms like MetaTrader4, MetaTrader5, cTrader, and proprietary platforms.
Copy trading is beneficial for beginner traders or those unable to trade full-time. In this case both CMC Markets and Exness offer copy trading.
A broader range of CFD instruments provides more trading opportunities. CMC Markets offers a greater variety of instruments compared to Exness:
For those interested in trading cryptocurrencies, Exness offers 34 cryptocurrencies, while CMC Markets offers 12 cryptocurrencies. Therefore, Exness is the better choice for cryptocurrency trading.
Traders prefer brokers with quick and cost-effective deposit and withdrawal processes. We favor brokers that process withdrawals within 24 hours using multiple methods without charging fees.We found that neither CMC Markets nor Exness charges a withdrawal fee. Overall, Exness has better deposit and withdrawal processes than CMC Markets.
We often find that brokers offer very little in the way of educational materials, forcing traders to use other third-party sites or self-educate elsewhere. Beginner traders need well-structured, well-presented materials in multiple formats to get a good start at trading. More experienced traders also benefit from webinars led by experts in the field and advanced trading strategy sections with new trading ideas.
CMC Markets has better educational support than Exness. Both CMC Markets and Exness offer educational support for more experienced traders.Access to frequent and high-quality market research and analysis is crucial.
We found that CMC Markets offers better research analysis than Exness and that both CMC Markets and Exness offer frequent webinars.
Founded in 1989, CMC Markets is a well-known Forex and CFD broker with a high trust rating and a huge range of financial instruments to trade.
CMC Markets offers two live accounts with no minimum deposit requirements - a low-cost commission-free account with spreads starting at 0.7 pips on the EUR/USD and a commission-based account with spreads of 0 pips and commissions of 5 USD round turn, one of the lowest in the industry.
Trading is offered on MT4, MT5, TradingView and its own NextGen platform that features numerous technical and fundamental analysis tools. CMC Markets also offers excellent education and market analysis materials to get new traders started. Customer service is offered 24/5, but CMC does not provide a live chat feature.
The largest broker in the world by trading volume, Exness offers nine distinct account types, including one of the lowest-cost Cent Accounts in the industry. It provides acceess to over 100 forex pairs—far more than most competitors. Traders can choose between MT4, MT5, and Exness Terminal—a proprietary platform available on desktop and mobile. The broker also offers a rich suite of tools, including FXStreet News, Trading Central, and regular educational webinars led by experts.
Overall, Exness presents an attractive option for Filipino traders: competitive pricing, trading accounts for every budget, comprehensive education, and robust tools.
For more detailed reviews, please read our comprehensive assessments of CMC Markets and Exness.
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Broker | Countries Regulated | Minimum Spread EUR/USD | Minimum Deposit | Trading cost/lot EURUSD Total trading cost at the time of last update, for 1 lot of EUR/USD using the account with the lowest minimum deposit. Includes spread and commission. | Broker Score | Broker Website | Select and Compare |
|---|---|---|---|---|---|---|---|
0.10 pips | USD 3 | USD 7 | 4.32 / 5 | Visit Broker CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage | |||
0 pips | USD 0 | USD 7 | 4.71 / 5 | Visit Broker 72.9% of retail CFD accounts lose money | |||
0.10 pips | USD 200 | USD 8 | 4.46 / 5 | Visit Broker 72.31% of retail CFD accounts lose money | |||
0.70 pips | USD 10 | USD 17 | 4.34 / 5 | Visit Broker 77.41% of retail CFD accounts lose money | |||
0 pips | AUD 0 | USD 4.50 | 4.41 / 5 | Visit Broker 89% of retail CFD accounts lose money | |||
0.90 pips | USD 100 | USD 9 | 4.59 / 5 | Visit Broker 76% of retail CFD accounts lose money | |||
0.60 pips | USD 5 | USD 6 | 4.45 / 5 | Visit Broker 74.3% of retail CFD accounts lose money | |||
0 pips | USD 0 | USD 10 | 4.43 / 5 | Visit Broker 72.90% of retail CFD accounts lose money | |||
0.70 pips | USD 5 | USD 7 | 4.53 / 5 | Visit Broker 68% of retail CFD accounts lose money | |||
0 pips | USD 100 | USD 6 | 4.58 / 5 | Visit Broker 74% of retail CFD accounts lose money |
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.
Our broker ratings are derived from rigorous testing by industry experts and experienced traders. We thoroughly evaluate regulatory compliance, security, transparency, trading performance, and customer service. We never accept payment for higher scores, ensuring our ratings remain unbiased, factual, and trustworthy—so you can confidently choose a reliable broker for your financial safety and trading success.
For detailed information about our testing methodology click here.

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