This contrast guide aids individuals who battle to pick in between CMC Markets and TradeStation to find the most effective online broker for their trading and financial investment requirements. It analyzes the main features of the two brokers alongside to assist individuals contrast their service and make a notified decision.
To aid users pick the appropriate broker in between CMC Markets and TradeStation to find the best-suited system, listed below is a list of broker’s pros and cons, adhered to by a comparison of their major trading attributes, consisting of trading systems & devices, fees, mobile trading, down payment & withdrawal, properties, guideline, and consumer support.
CMC Markets vs. TradeStation: 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).
Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.
Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).
Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.
TradeStation’s customer support is available by phone, email and live chat in English and Arabic.
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)
- 0% commission stock and ETF fees
- Extensive charting tools and features
- Fast and reliable order execution
- Trading automatisation capabilities
- Vast stock scanning tools
Cons
- Research and education section could be better
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
- $0 commission/stock trades(up to 15,000 shares)
- Vast market coverage(5,000 international stocks and ETFs)
- Fast and reliable order execution
- Great Fundamental Research and Analysis Tools
- Extensive Charting Tools and Features
- Access To Back-Testing and Automated Trading
CMC Markets vs. TradeStation Comparison
Select up to 3 Brokers
CMC Markets
TradeStation
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 500:1 | 1:4 |
| 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 | $35 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | ||
| Cost Per Trade | 0 | 0 |
| Cost Per Month | £10 | $4 |
| Forex (EUR/USD) | 0.7 pips | 0.6 pips |
| Stocks & ETF | 0 | $0.007 per share |
| CFD (Gold) | 3.4 pips | 0 |
| Crypto | 0 | 0 |
| Options | 0 | $5 + £0.60 per contract |
| Conversion Fees | ||
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account) |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 5 markets |
| ETF & Funds | 0 | 2300 |
| Crypto | 0 | 11 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 10 Markets |
| Futures | 0 | 11 Markets |
| Bonds | 0 | 630 |
| Forex Instruments | 330 | 0 |
| 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 | 1 |
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. TradeStation Comparison Conclusion
The results of our contrast of CMC Markets vs. TradeStation are involved the table below.
| Broker: | Best For: |
| CMC Markets | Forex and CFDs |
| TradeStation | Stock trading; Active traders |
Choosing the best choice between CMC Markets and TradeStation can be hard. Both on-line brokers have resemblances but differ relating to trading tools, platforms & applications, policy, down payment & withdrawals, and study and education and learning. Selecting the most effective broker depends on individuals’ trading & investment objectives, private preferences, and experience degree.
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.