Trading Pragmatism

Trading pragmatism section

Trading Platforms

Open to compare CMC Markets and Capital.com in one table.

CFD Platform Comparison

Compare entity, market coverage, platform access, general costs, and share CFD charging methods.

ItemCMC MarketsCapital.com
Platform identity
Positioning

Long-running CFD provider with broad multi-asset coverage, Next Generation, MT4/MT5, and TradingView connectivity.

  • 35+ years in market; million-level global client scale across trading and investing services.

CFD platform focused on web/mobile access, TradingView, MT4, broad markets, and transparent fee pages.

  • Operating since 2016; offers CFD access to thousands of markets through the international site.
Regulated entity

CMC Markets Bermuda Limited, regulated by the Bermuda Monetary Authority.

Capital Com Online Investments Ltd, regulated by the Securities Commission of The Bahamas, license SIA-F245.

  • Retail clients are presented with negative balance protection.
Markets and access
Coverage scale

13,000+ global instruments; 12,000+ CFD instruments on Next Generation.

  • MT5 about 2,220 instruments; MT4 about 220 instruments.

5,500+ markets.

  • Forex 120+ pairs, 24/5 access; indices 35+ global indices.
Market categories

Indices, forex, commodities, shares, ETFs, share baskets, rates/bonds, crypto.

Indices, shares, commodities, forex, bonds, interest rates, crypto.

Platforms and tools

Next Generation web/mobile, MT4, MT5, TradingView.

  • Includes TradingView charts, client sentiment, pattern recognition, news, and research tools.

Own web/app platform, TradingView, MT4.

  • 100+ technical indicators and tools; supports stop-loss, take-profit, and guaranteed stop-loss orders.
General cost structure
Main cost logic

Spread-based pricing, with commissions on some products such as share and ETF CFDs.

  • Examples: UK 100 from 1 point; US SPX 500 from 0.5; Germany 40 from 1.2; US 30 from 2.2.
  • FX Active: six major FX pairs from 0.0 pips, USD 2.50 per USD 100,000 notional.

0% trading commission; main visible cost is dynamic spread.

  • Examples: EUR/USD from 0.6 pips; Gold from 0.30; UK 100 from 1; Apple from 0.13; Bitcoin from 50.
  • No broker fee for account opening/closing, demo account, deposits, or withdrawals.
Additional costs

Overnight holding, guaranteed stop-loss premium, market data, rollovers, FX conversion, inactivity.

  • Guaranteed stop-loss premium is refunded if not triggered.

Overnight funding, guaranteed stop-loss fee, FX conversion, dividends, live spread changes.

  • Guaranteed stop-loss fee is charged only if triggered.
Share CFD charging method
Commission

Share and ETF CFDs charge commission on both opening and closing trades.

  • UK/Europe 0% except Greece; US USD 0.02/share, USD 10 minimum.
  • Canada CAD 0.02/unit, min CAD 10; Australia 0.10%, min AUD 7; Hong Kong 0.18%, min HKD 50; Japan 0.10%, min JPY 1,000; Singapore 0.10%, min SGD/USD 10.

No share CFD trading commission listed.

  • Execution cost is live spread plus applicable overnight, FX, or risk-control charges.
Spread

Bid/ask spread still applies.

  • Commission is not the full cost.

Dynamic spread changes with the underlying market.

  • Selected stocks may trade outside regular hours; spreads can widen and liquidity can fall.
Overnight financing

Held after 5pm New York time: financing is based on the relevant interbank rate.

  • Long: rate + 0.0082%; short: rate - 0.0082%.
  • Hard-to-borrow shorts may add stock-borrow charges.

Calculated on full notional exposure, not margin only.

  • USD shares example: long = SOFR + platform daily fee; short = SOFR - platform daily fee.
  • Most 1:1 unleveraged CFD positions avoid overnight funding, with limited exceptions.
Market data, FX and GSL

Some share CFD data requires a market data subscription.

  • Realised P/L conversion shown as mid-price +/- 0.5% on the global market-data page.

Retail FX conversion is a 0.7% mark-up built into the exchange rate.

  • Applies to realised P/L, overnight funding, GSL fees, dividends, and manual conversions.
  • Guaranteed stop-loss fee is charged only if triggered.