Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of CMC Markets' UK entity and IG Markets' Bermuda entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of CMC Markets' UK entity and IG Markets' Bermuda entity.
CMC Markets
Available in your country CMC Markets operates in India and accepts local clients through its UK entity.
78% of retail investor accounts lose money when trading CFDs with this provider.
IG Markets
Available in your country IG Markets operates in India and accepts local clients through its Bermuda entity.
70% of retail investor accounts lose money when trading CFDs with this provider.
Best for
What we compare A comparison of the kinds of traders CMC Markets and IG Markets are best suited to, based on what each one actually offers in India.CMC Markets is better than IG Markets for long-term investors, while IG Markets is better for professional traders, crypto traders and options traders. High-volume traders, scalpers and swing traders can choose either CMC Markets or IG Markets.
| Overall score | CMC Markets 84 -3 78 | IG Markets 87 Best not offered |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise CMC Markets and the ones that supervise IG Markets.CMC Markets and IG Markets are both regulated by top-tier authorities, CMC Markets by BaFin, ASIC (Australia) and the FCA (United Kingdom) and IG Markets by BaFin, the FCA (United Kingdom) and the JFSA (Japan).
| Section score | CMC Markets 100 100 | IG Markets 100 not offered |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | ||
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that CMC Markets and IG Markets have in place to protect your money in India.CMC Markets and IG Markets both offer segregated client funds and two-factor authentication. CMC Markets also offers an investor compensation scheme and additional money insurance. IG Markets is also a licensed bank.
| Section score | CMC Markets 95 Best 95 | IG Markets 78 -17 not offered |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1989 | 1974 |
| Parent company i | CMC Markets plc | IG Group Holdings plc |
| CEO i | Peter Cruddas | Breon Corcoran |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | NatWest, Barclays, Lloyds | Commonwealth Bank|Westpac|HSBC |
| Brand power | ||
| Number of customers worldwide i | 1,000,000 | 820,000 |
| Annual revenue i | USD 324,700,000 | USD 987,300,000 |
| Monthly website search traffic i | 10.5M monthly visits | 97.1K monthly visits |
Costs
What we compare A comparison of what it costs to trade with CMC Markets and with IG Markets in India, both on each trade and on holding the account.CMC Markets is better than IG Markets for CFD/FX costs, since CMC Markets is cheaper on EUR/USD, at 7 USD per lot (against IG Markets' 8.6 USD), and has tighter gold CFD spreads, at 0.2 points (against IG Markets' 0.3 points). Neither CMC Markets nor IG Markets charges account maintenance fees or deposit fees.
Only CMC Markets can be assessed for real stock costs, since IG Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 73 Best 44 | IG Markets 67 -6 not offered |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 5 | Free |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 7 | USD 8.6 |
| S&P 500 fees (CFD) i | 0.5 points | 0.4 points |
| Gold fees (CFD) i | 0.2 points | 0.3 points |
| Bitcoin fees (CFD) i | USD 45 | |
| US stocks fees (CFD) i | USD 0.02 | USD 0.02 |
| Fees on stocks | ||
| Stock fee type i | Commission | |
| US stocks fees (real) i | ||
| ETF fees (real) i | ||
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | USD 2 | |
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | USD 2 |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with CMC Markets and with IG Markets in India, and of how many instruments each one gives access to.IG Markets is better than CMC Markets for CFD/FX markets, given that IG Markets offers CFDs on crypto, which CMC Markets does not, gives access to 17,000 tradable symbols (against CMC Markets' 12,000), and offers options on commodities, forex, indices and stocks, which CMC Markets does not. Both CMC Markets and IG Markets offer CFDs on commodities, forex, indices and stocks.
There is no like-for-like comparison for real stock markets, as IG Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 65 -35 30 | IG Markets 100 Best not offered |
|---|---|---|
| Total tradable symbols i | 12,000 | 17,000 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Forex, Indices, Stocks | Commodities, Crypto, Forex, Indices, Stocks |
| Futures i | ||
| Options i | Commodities, Forex, Indices, Stocks | |
| Assets you can own i | ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that CMC Markets and IG Markets make available to their clients in India.CMC Markets is better than IG Markets for platforms, given that CMC Markets offers social trading and copy trading, which IG Markets does not. CMC Markets and IG Markets both offer a proprietary platform and MetaTrader 5.
There is no like-for-like comparison for platforms, as IG Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 97 Best 97 | IG Markets 91 -6 not offered |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of CMC Markets and IG Markets in India, and of what each one lets you do from your phone.IG Markets is better than CMC Markets for mobile trading, since IG Markets offers mobile trading signals, mobile charting tools and mobile drawing tools, which CMC Markets does not. Both CMC Markets and IG Markets offer a proprietary mobile app and the MetaTrader 5 app.
Only CMC Markets can be assessed for mobile trading, since IG Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 73 -20 73 | IG Markets 93 Best not offered |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that CMC Markets and IG Markets allow on their platforms in India.IG Markets is better than CMC Markets for CFD/FX trading features, since IG Markets offers guaranteed stop losses, tier-1 liquidity providers and VPS hosting, which CMC Markets does not. CMC Markets and IG Markets both offer negative balance protection and trailing stops.
CMC Markets and IG Markets cannot be compared for real stock trading features, because CMC Markets is a broker offering both CFDs and stocks while IG Markets is a CFD broker.
| Section score | CMC Markets 69 -20 71 | IG Markets 89 Best not offered |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | 9 ms | 14 ms |
| Slippage occurrence i | 11% | |
| Requotes occurrence i | 0.08% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1 | 200:1 |
| Minor/Exotic FX pairs leverage i | 20:1 | 133:1 |
| Major indices leverage i | 20:1 | 200:1 |
| Minor indices leverage i | 10:1 | 200:1 |
| Gold leverage i | 20:1 | 200:1 |
| Commodities leverage i | 10:1 | 67:1 |
| Equities leverage i | 5:1 | 20:1 |
| Cryptocurrency leverage i | 10:1 | |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 0 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at CMC Markets and at IG Markets in India, and of who each one is meant for.CMC Markets and IG Markets are close on CFD/FX account types, as both offer a demo account and a professional traders account. CMC Markets goes a step further, as it offers a spread betting account.
Only CMC Markets can be assessed for real stock account types, since IG Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 48 45 | IG Markets 48 not offered |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with CMC Markets and with IG Markets in India.IG Markets is better than CMC Markets for account opening, given that IG Markets offers 6 account base currencies (against CMC Markets' 2), credits deposits faster, within the same day (against CMC Markets' 2 days), and pays out withdrawals faster, within 1 day (against CMC Markets' 2 days). Neither CMC Markets nor IG Markets requires a minimum deposit.
CMC Markets and IG Markets cannot be set side by side for account opening, as IG Markets is a CFD broker and does not offer real stocks, unlike CMC Markets.
| Section score | CMC Markets 65 -5 65 | IG Markets 70 Best not offered |
|---|---|---|
| Minimum deposit i | USD 0 | USD 0 |
| Minimum withdrawal i | USD 0 | USD 150 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | ||
| Local payment methods i | ||
| Account base currencies i | EUR, USD | AUD, EUR, GBP, HKD, SGD, USD |
| Deposit waiting time i | up to 2 business days | Instant |
| Withdrawal waiting time i | up to 2 business days | up to 1 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of CMC Markets and IG Markets in India, in how it can be reached and how fast it answers.IG Markets is better than CMC Markets for customer care, since IG Markets offers customer support in 12 languages (against CMC Markets' 9), and has a website in 12 languages (against CMC Markets' 9). CMC Markets and IG Markets both offer a dedicated account manager and phone support.
CMC Markets and IG Markets cannot be set side by side for customer care, as IG Markets is a CFD broker and does not offer real stocks, unlike CMC Markets.
| Section score | CMC Markets 73 -14 73 | IG Markets 87 Best not offered |
|---|---|---|
| Number of languages supported i | 9 | 12 |
| Website languages i | German, English, French, Italian, Norwegian, Polish, Spanish, Swedish, Chinese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Website available in English i | ||
| Customer support languages i | German, English, French, Italian, Norwegian, Polish, Spanish, Swedish, Chinese | Arabic, Danish, German, English, French, Italian, Dutch, Norwegian, Portuguese, Russian, Spanish, Swedish |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that CMC Markets and IG Markets provide to their clients in India.CMC Markets and IG Markets are equally good for learning, as both offer education for advanced traders and webinars.
CMC Markets and IG Markets cannot be compared for learning, because CMC Markets is a broker offering both CFDs and stocks while IG Markets is a CFD broker.
| Section score | CMC Markets 100 100 | IG Markets 100 not offered |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
CMC Markets vs IG Markets: which one should you choose?
CMC Markets
CFD/FX Choose CMC Markets, regulated by the FCA and ASIC, if you want an online CFD broker with copy and social trading, low trading costs and fast execution.
Stocks Choose CMC Markets, regulated by the FCA and ASIC, if you want a share dealing service with fast execution, as well as copy and social trading.
Open Account 78% of retail investor accounts lose money when trading CFDs with this provider.
IG Markets
CFD/FX Choose IG Markets, regulated by the FCA and the JFSA, if you want a CFD and forex broker with a wide choice of markets, a guaranteed stop loss and room for automated strategies.
Open Account 70% of retail investor accounts lose money when trading CFDs with this provider.Other popular comparisons
Below are other head-to-head comparisons that include CMC Markets or IG Markets, each scored with the same data and method as this page.
