CMC Markets is the award-winning UK based online FX and CFD brokerage firm that was established in 1989. The company is listed in the London Stock Exchange under the ticker CMCX
|#||Broker's Features||CMC MARKETS Availability||IMMFX Availability|
|#||Accepts US traders||❌||❌|
|#||24 hour trading||❌||❌|
|#||Trading by phone||❌||❌|
|#||1st deposit bonus||❌||❌|
|#||Forex contests competitions||❌||❌|
|#||Interest charges on the balance||❌||❌|
|#||24 hour support||❌||✔|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare CMC Markets vs Immfx.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. CMC Markets offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Bonds, Cryptocurrency, Futures, while Immfx offers Currencies, Commodities, Indices, Cryptocurrency.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. CMC Markets is Dealing Desk, Market Maker, while Immfx is Bank, DMA, ECN, No dealing desk, STP.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. CMC Markets is regulated by FCA, while Immfx regulated by VFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Languages Available: Next lets have a look at each broker's different Language options. CMC Markets offers Arabic, Chinese, Czech, Danish, English, Finnish, , while Immfx offers Arabic, Bulgarian, Chinese, Croatian, Czech, Dutch Customer Support Languages.
Payment methods: Next lets have a look at each broker's payment options. CMC Markets offers Credit/Debit Cards, Bank Wire Transfer different payment methods for each account types, while Immfx offers Credit/Debit Cards, Cryptocurrencies, Local Transfer, Western Union payment methods.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, CMC Markets makes CMC Web Platform available to clients, while Immfx offers MT4.
There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.
Objectively, Immfx is more reliable based on our criteria above. Immfx has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. Only Immfx Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Immfx offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. As Immfx offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.