This contrast guide assists users who have a hard time to choose in between CMC Markets and eToro to find the very best online broker for their trading and investment demands. It evaluates the main features of the two brokers alongside to help individuals compare their solution and make a notified choice.
To assist individuals select the best broker in between CMC Markets and eToro to discover the best-suited system, below is a list of broker’s benefits and drawbacks, followed by a comparison of their primary trading functions, consisting of trading systems & tools, costs, mobile trading, down payment & withdrawal, properties, policy, and client support.
CMC Markets vs. eToro: Summary
CMC Markets is a UK based online broker founded in 1989. It is regulated by three tier-one regulators including the FCA, ASIC and CIRO. Users can trade on over 12.500 tradable instruments including shares, forex and CFDs.
CMC Markets proprietary trading platform called Next Generation offers various advanced trading tools, an extensive education section and reliable trade execution.
CMC Markets charges low forex spreads from 0.7 pips (EUR/USD) and 0% commission. Additional bonuses and rebates for active traders makes CMC Markets a low cost broker.
CMC’s customer service is available by phone, email and live chat only 24/5 (from Sunday to Friday night).
eToro is a multi-asset brokerage company with the world’s biggest social trading community (over 30 million users). Their platform and mobile app features are easy to use for beginners and include an intuitive copy trading tool, simple buy & sell orders and free demo account. Users can trade with CFDs on major stocks, ETFs, forex, and cryptocurrencies.
eToro charges 0% commission on stocks, ETFs and cryptocurrencies. They charge an average spread of 0.9 pips on most forex pairs. eToro’s non trading fees are above average and include overnight, inactivity ($10/month) and currency conversion fees ($5/conversion).
Their customer support is available through email and live chat in Arabic and English.
Pros
- Low minimum deposit ($0)
- Low average spreads from 0.73 pips EUR/USD
- Fast and reliable trade execution
- Great research tools and educational materials
- Bonus and rebate program
Cons
- High stock trading fees
- Customer service availability is limited (24/5)
Pros
- Low minimum deposit ($50)
- 0% commission stocks and ETF trading
- Easy to use mobile trading app and platforms
- Industry leading social/copy trading app
- Responsive customer support
Cons
- Algorithmic trading not available
- Forex and CFD fees above industry average
- Education and research tools missing
Key features
- Competitive forex spreads
- MT4 Compatibility
- Access to 338 forex pairs and 9,000 shares
- Comprehensive market research tools
- Beginners and advanced trading features
- Competitive pricing
Key features
- Average trading fees
- Industry leading social/copy trading tool
- Easy buy/sell order types
- Crypto exchange & brokerage services
- Fast registration and KYC on-boarding process
- Multiple payment options
CMC Markets vs. eToro Comparison
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CMC Markets
eToro
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:30 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | $5 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | $10 a month after one year | |
| Cost Per Trade | 0 | N/A |
| Cost Per Month | £10 | N/A |
| Forex (EUR/USD) | 0.7 pips | 1.1 pip |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 3.4 pips | 5 pip |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $100 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 2.800 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 30 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 330 | 49 |
| CFD Indices & Funds | 98 | 250 |
| CFD Stocks | 9500 | 2800 |
| CFD Commodities | 100 | 54 |
| CFD Crypto | 0 | 32 |
| CFD Bonds | 50 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
CMC Markets vs. eToro Comparison Conclusion
The outcomes of our comparison of CMC Markets vs. eToro are involved the table listed below.
| Broker: | Best For: |
| CMC Markets | Forex and CFDs |
| eToro | Stocks and ETFs & Social Copy Trading |
Choosing the ideal choice between CMC Markets and eToro can be hard. Both online brokers have resemblances but vary relating to trading tools, systems & applications, regulation, down payment & withdrawals, and study and education. Picking the very best broker depends upon individuals’ trading & investment objectives, private preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.