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Webull vs CMC Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Webull

Webull

VS
CMC Markets

CMC Markets

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Self-directed retail brokerage platform

Market maker

Years of Existence / Established Year

2017

1989

Customer Base / Number of Accounts

20 Million

265k+


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Regulation & Security

Regulations (governing bodies)

SEC, FINRA

FCA, ASIC, CIRO, MAS, FMA

Awards Won (count for the last 2 years)

2024 Global Private Banking Awards

Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023

Security Measures

SIPC, FIDC, Apex Clearing Corp upto $150 million

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

3,300 ETFs including OTC, Margin, Index options, US treasuries bonds

12,000+ tradable instruments including shares, Treasuries

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

No

Options

Yes

No

Futures

Yes

No

Bonds

Yes

Yes

Mutual Funds

Yes

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

No

cTrader

No

No

Social Trading

No

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Desktop, Web, and Mobile apps

CMC web platform, iOS and Android app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual, IRA, Futures, Advisor, Entity

Spread betting, CFD account , FX active, Corporate account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$0

$0

Leverage Available

4:1 to 2:1

30:1 to 1:500

Trade Limit (maximum per trade)

Unlimited number of day trades

No information

Commission (per account type)

$0

Standard - No commission, FX active account- $2.50

Best Suited For (e.g., beginners, experienced traders)

Beginners, Active and passive investor

Professional and retail traders


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Deposit & Withdrawal Options

Deposit Methods

Bank linking, ACH, Wire Transfer, Debit card funding, Recurring deposit

Bank transfer, Debit/credit card, Online banking

Withdrawal Methods

ACH withdrawals

Bank transfer, Debit/credit card, Online banking

Other E-Wallets Supported

No

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market News and Analysis, Webinars and Live Events, Trading Simulator, Financial Insights and Research

Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides


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Fees & Commissions

Trading-Related Fees

Regulatory Transaction Fee- $0.0000278*Total $ Trade Amount, Regulatory Fee- $0.000166 * Total Trade Volume Min $0.01 per - Max $8.30 per, CAT Regulatory Fees- $0.000052 * Total Trade Volume, Low-Priced Securities- $0.0002 per share, F-stocks (foreign settlement)- Buys: $5.00 per trade, Sells: $0.05 per trade, liquidity Charge- Minimum Overnight Interest Rate: 15% Fee: $250, CAT Regulatory Fees- Buys & Sells: $0.00000072 * Total Trade Volume

CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%

Spread (typical, fixed, variable)

Variable

Fixed/Variable

Per Lot Fees

NA

$2.50

Options Contract Fees

$0.10 per contract

NA

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

1.50%

$5.00 per $100,000 in nominal value

Guaranteed Stop Loss Fees

NA

Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per

Maximum Leverage

4:1

1:500


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

NA

Statement or Document Fee

$2 for each confirmation, $5 for each account statement, and $2.5 for each prospectus mailing

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$0

NA

Deposit Fee

$8 for deposits in the U.S., $12.5 for international deposits

$0

Currency Conversion Fee

$10

0.50%

Withdrawal Fee

$25 for withdrawals in the U.S, and $45 for international withdrawals

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Pre-market trading from 4:00 AM to 9:30 AM EST

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

Monday to Friday from 8am to 8pm

Customer Support Methods (phone, email, live chat)

E-mail: [email protected], call :1-888-828-0618, in app chat

Email: [email protected], Phone: +44 (0)20 7170 8200

Support Languages

15+

12+


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Additional Information

Headquarters Location

44 Wall Street, New York City

CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
Webull is known for competitive pricing on basic trades, especially for beginners. However, CMC Markets fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
If speed and simplicity matter to you, Webull delivers a streamlined account setup. In contrast, CMC Markets includes more documentation and KYC checks, which can delay access but ensures strong compliance.
The trading interface of Webull is known for its speed and ease-of-use, while CMC Markets shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
Advanced users will enjoy Webull capabilities, but CMC Markets remains a favorite for its streamlined and beginner-centric approach.