eToro vs. CMC Markets

Page Summary

eToro and CMC Markets are top online brokers with impressive trading experiences. eToro is a well-established social trading broker with a transparent fee structure. It has a premium proprietary platform, a web platform, and a social trading space. eToro has top-tier licenses from the ASIC and FCA. It is a good choice for advanced traders, as it offers limited educational tools. 

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eToro logo

eToro

Open account Read review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

CMC Markets logo

CMC Markets

Open account Read review

65% of retail CFD accounts lose money

BROKER COMPARISON

eToro logo
CMC Markets logo

Overall rating

4,9/5

4,0/5

Overall rating

4,9/5

4,0/5

Trading Platform & Tools

4.9

4.2

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:30 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.8

3.7

See details
Withdrawal Fee $5 0
Deposit Fee 0 0
Inactivity Fee $10 a month after one year
Cost Per Trade N/A 0
Cost Per Month N/A £10
Forex (EUR/USD) 1.1 pip 0.7 pips
Stocks & ETF 0 0
CFD (Gold) 5 pip 3.4 pips
Crypto 0 0
Options 0 0
Conversion Fees 0
Misc. Fees 0
Overnight Fees

Mobile Trading

4.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

1.9

See details
Minimum deposit (in UAE) $100 0
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

3.2

See details
Shares 2.800 0
ETF & Funds 0 0
Crypto 30 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 49 330
CFD Indices & Funds 250 98
CFD Stocks 2800 9500
CFD Commodities 54 100
CFD Crypto 32 0
CFD Bonds 0 50
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

5.0

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

CMC Markets is a safe forex broker with licenses from the ASIC, IIROC, MAS, and FCA. It offers an active trader discount for professional investors. CMC Markets is a good fit for new traders because of its many learning tools. 

Both online brokers have advantages and disadvantages. This article discusses the differences between eToro and CMC Markets. 

Top findings from the eToro vs. CMC Markets review:  

  1. eToro is the leading social trading broker with impressive social trading tools and funding options. 
  2. CMC Markets offers excellent support for beginners and a proprietary platform. 
  3. Both brokers offer social trading tools and a demo account. 

We recommend eToro for professional traders as it offers premium social trading features. CMC Markets is a better choice for new traders because of its versatile learning center. 

Level of experience  

eToro is a professional social trading broker with top-tier tools and platforms. It offers access to market commentary, social sentiment, and an economic calendar. eToro has limited research and education tools, which is why it’s a better fit for advanced traders. 

CMC Markets offers useful data from in-house analysts and third-party sources, including MorningStar. CMC Markets offers trading discounts to professionals and some premium tools. It has many learning tools, including real-time news, webinars, and forex education. 

Fees  

eToro has a minimum initial deposit of $100, while CMC Markets doesn’t charge a fee. The average EUR/USD spread at eToro is 1, while at CMC Markets it’s 0.74. Both brokers offer an active trader discount. 

Assets  

eToro has 47 forex currency pairs, while CMC Markets offers 158 pairs. eToro provides access to 2314 CFDs, while CMC Markets has 9852 available CFDs. 

Trading platform  

eToro has a world-class social trading platform with dedicated research tools. It offers a virtual trading account, an impressive mobile app, and a proprietary platform. eToro is a top choice for professionals because of its premium tools and platforms. 

CMC Markets has a proprietary trading platform, Next Generation, and MetaTrader 4. Its platforms are safe and have a user-friendly design. Inexperienced traders access news and research through well-designed integrations. CMC Markets has many learning tools, including beginner tutorials and forex education. 

Banking services  

Banking services are vital for a good online trading experience. eToro offers bank transfers, credit/debit cards, PayPal, and Skrill. CMC Markets has bank transfers, credit/debit cards, and PayPal funding. 

Final verdict 

eToro and CMC Markets are top online brokers. Both have strengths and weaknesses depending on your trading needs and experience. eToro is the leading social trading broker with professional tools. It’s an excellent choice for advanced traders as it offers an impressive trading experience. We recommend CMC Markets to all traders as it has both beginner-friendly and professional tools. 

eToro compared to other brokers:

eToro review

Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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