This contrast overview aids users who have a hard time to choose between CMC Markets and TD Ameritrade to discover the best online broker for their trading and investment demands. It analyzes the main features of both brokers alongside to help users contrast their solution and make an informed choice.
To help users select the ideal broker between CMC Markets and TD Ameritrade to locate the best-suited platform, below is a listing of broker’s advantages and disadvantages, complied with by a comparison of their primary trading attributes, including trading systems & devices, charges, mobile trading, deposit & withdrawal, properties, law, and customer support.
CMC Markets vs. TD Ameritrade: 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).
TD Ameritrade is a US based online stock broker founded in 1975. It is regulated by two of the most strict US regulators the SEC and FINRA. The broker offers access to a wide range of stocks and forex pairs and a handful of bonds, options, futures, crypto, and other financial instruments.
TD Ameritrade has a proprietary trading platform (thinkorswim) and two mobile trading apps. Both have an intuitive design and feature a great set of trading tools and features.
TD Ameritrade has low trading fees compared to other similar brokers like tastytrade, Robinhood and Fidelity. They charge 0% commission on stocks and ETFs, while futures trading comes with high fees. Forex, options and bonds are available at average fees.
TD Ameritrade’s customer support is available by phone and email from 8:30 AM to 5:30 PM ET, Monday – Friday.
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 ($0)
- Free stock and ETF trading
- Feature-rich desktop and web trading platform (thinkorswim)
- Advanced charting capabilities and real-time data
- Wide range of stocks and ETFs
- Excellent mobile trading apps for casual and active traders
Cons
- Mostly US markets and assets
- Only accept bank wire transfers
- Doesn’t offer fractional shares
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
- Wide range of US stocks and ETFs
- Vast selection of charting tools and indicators
- Daily market analysis in the form webinars, webcasts, and podcasts
- 0% commission stock and ETF trading
- Access to IPOs, annuities, fixed income products, and lending programs
CMC Markets vs. TD Ameritrade Comparison
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CMC Markets
TD Ameritrade
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:2 |
| 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 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | £10 | 0 |
| Forex (EUR/USD) | 0.7 pips | 1.3 pips |
| Stocks & ETF | 0 | $6.95 |
| CFD (Gold) | 3.4 pips | 0 |
| Crypto | 0 | 0 |
| Options | 0 | 0.65 per options contract fee |
| Conversion Fees | $75 transfer fee | |
| Misc. Fees | 0 | |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 3700 |
| ETF & Funds | 0 | 13000 |
| Crypto | 0 | 0 |
| Commodities | 0 | 10 |
| Indices | 0 | 12 |
| Options | 0 | 0 |
| Futures | 0 | 70 |
| Bonds | 0 | 40000 |
| Forex Instruments | 330 | 70 |
| CFD Indices & Funds | 98 | 0 |
| CFD Stocks | 9500 | 0 |
| CFD Commodities | 100 | 0 |
| CFD Crypto | 0 | 0 |
| 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 | English / Spanish | |
| Personal Account Manager |
Winner
CMC Markets vs. TD Ameritrade Comparison Conclusion
The outcomes of our contrast of CMC Markets vs. TD Ameritrade are involved the table below.
| Broker: | Best For: |
| CMC Markets | Forex and CFDs |
| TD Ameritrade | US Stocks and ETFs |
Choosing the ideal selection in between CMC Markets and TD Ameritrade can be difficult. Both online brokers have resemblances yet differ pertaining to trading instruments, systems & applications, policy, down payment & withdrawals, and research and education and learning. Selecting the most effective broker depends on individuals’ trading & investment objectives, specific 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.