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CMC Markets vs Interactive Investor

CMC Markets or Interactive Investor – which is better for UK traders 2024? Compare CMC Markets and Interactive Investor in this detailed breakdown of their platforms, features and fees.

CMC Markets vs Interactive Investor Comparison Table 2024
CMC Markets	Interactive Investor

4.7	4.6
CMC Markets is ranked #3 among CFD brokers.	Interactive Investor is ranked #11 among UK brokers.
Review	Review
Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.	Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Pros
The web platform delivers a fantastic user experience with advanced charting tools for trading and customizable features, catering to both beginners and experienced traders. MT4 (but not MT5) is also supported. CMC offers excellent pricing, including tight spreads and low trading fees for all but stock CFDs. The Alpha and Price+ schemes also offer perks for active traders with up to 40% discounts on spreads. CMC Markets is heavily regulated by reputable financial authorities and maintains its stellar reputation, helping to ensure a secure and trustworthy trading environment. The brokerage continues to stand out with its wide range of value-add resources, including pattern recognition scanners, webinars, tutorials, news feeds, and research from respected sources like Morningstar. CMC Markets offers a rich investment offering with over 12,000 CFDs and more recently options trading, providing opportunities to trade market volatility and hedge existing positions.	FCA-regulated No minimum deposit 40,000+ stocks and shares Excellent market research User-friendly investment app Low fixed fees for large portfolios Multiple payment methods including bank cards Highly rated and trusted by 400,000 investors Less than 1 minute average wait time for customer support Managed ISA introduced in 2024 streamlining investment decisions
Cons
Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG. While CMC offers an above-average suite of assets, there is no support for trading real stocks and UK clients can’t trade cryptocurrencies. Trading stock CFDs incurs a relatively high commission, especially compared to the cheapest brokers like IC Markets. An inactivity fee of $10 per month is applied after 12 months of inactivity, which may deter casual investors. The CMC Markets app offers the complete trading package but the design and user experience trails category leaders like eToro.	No free demo account No copy trading tools
Awards
Best Trading App 2023 - DayTrading.com No.1 Platform Technology 2022 No.1 New Tool 2022 No.1 Most Currency Pairs 2022 Best Trade Execution 2021 Best Forex Broker For Beginners 2021 Most Transparent Forex Broker Europe 2020 Best Trading Platform 2020 Best Trading App 2019 Best Customer Service 2018	Investment Platform of the Year 2022 Best Low-cost SIPP 2022 Shareholder Rights Champion 2022 Best Low Cost Stockbroker 2022 Retail Investor Champion of the Year 2021 Best Low Cost Stockbroker 2021 Best Stocks and Shares ISA provider 2021 Best Stocks & Shares ISA Provider 2020 Best Stockbroker for International Dealing 2020
FCA Regulated
Yes	Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting	Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes	No
Minimum Deposit
$0	£0
Payment Methods
Credit Cards Debit Card Mastercard PayPal Visa Wire Transfer	Cheque Debit Card Maestro Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	£25
Regulator
FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA	FCA
Mobile Apps
iOS & Android	iOS & Android
Trading App
The award-winning app from CMC Markets has transformed mobile trading. The app’s modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it’s an exceptional choice for traders.
iOS App Rating
4.1	4.4
Android App Rating
3.7	2.5
Margin Trading
Yes	No
Margin Rate
1%
MetaTrader 4
Yes	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Auto Trading
Expert Advisors (EAs) on MetaTrader	Ready-Made Portfolios
Copy Trading
No	No
Social Trading
Yes	No
Trade Signals
Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$10	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD NZD SEK NOK SGD PLN	GBP
Commodities
Gold Oil Silver Copper Coffee Wheat Precious Metals Natural Gas Soybeans Orange Juice Nickel Palladium Steel Cannabis Platinum Livestock Sugar Gasoline Cattle Lean Hogs
CFD
CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries. Spreads are relatively tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market.
Leverage
1:30 (Retail), 1:500 (Pro)
FTSE Spread
1 pt
GBPUSD Spread<
0.9
Oil Spread
3.5
Stocks Spread
0.02
Forex
CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP.
Assets
300+
GBPUSD Spread
0.9
EURUSD Spread
0.7
EURGBP Spread
1.1
Currency Indices
USD EUR GBP JPY CAD AUD NZD CHF

CMC Markets	Interactive Investor
Review	Review
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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CMC Markets vs	Interactive Investor vs