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CMC Markets vs eToro: Comparison and Analysis

Trying to figure out whether to use CMC Markets or eToro? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features so you can see the pros and cons of CMC Markets and eToro side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

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78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider.
CMC Markets review
Open Account
77% of retail investor accounts lose money
eToro review

Overall Ratings


Rated
79
Rated
77

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • CMC Markets
  • eToro

Security 95
Security 95

Cost 58
Cost 70

Trading 75
Trading 68

Education 81
Education 64

Company Info


Foundation
1989
2007
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, de, es, fr, nor, pol, swe, it, chi
en, ar, chi(t/s), cz, dan, de, es, fi, fr, ne, nor, pol, rom, ru, swe, thai, viet, mal, it

Leverage


Non-EU Leverage ?
500:1
30:1
European Leverage ?
30:1
30:1
Australian Leverage ?
500:1
30:1
US Leverage ?
0
1:1
Canadian Leverage ?
100:1
N/A

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
IIROC ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
42981
5529
SimilarWeb - Total Visits
22900
Facebook Likes
28984
4691
Twitter Likes
120000
Instagram Likes
88000

Deposit and Withdrawal


Minimum Deposit ?
10 USD
Minimum Withdraw ?
50
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
UnionPay, Rapid Transfer, Sofort
Deposit Waiting Time ?
1-2 business days
up to 10 minutes
Withdraw Waiting Time ?
1-2 business days
1 business day
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
EUR, USD
USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
3.0
5.0
Natural Gas ?
0.3
10.0
Silver ?
2.5
5.0
Platinum ?
10.0
35.0
Copper ?
2.0
2.0
Soybeans ?
0.9
Corn ?
1.5
Gold ?
0.3
45.0

Forex Fixed Spreads


EUR/GBP Spread
EUR/USD Spread
USD/JPY Spread
GBP/USD Spread
USD/CHF Spread
AUD/USD Spread
USD/CAD Spread
NZD/USD Spread

Forex Variable Spreads


EUR/USD Average Spread
0.7
1
USD/JPY Average Spread
0.7
1
USD/CHF Average Spread
1.5
1.5
GBP/USD Average Spread
0.9
2
USD/CAD Average Spread
1.7
1.5
AUD/USD Average Spread
0.7
1.0
NZD/USD Average Spread
1.8
2.5
EUR/GBP Average Spread
1.1
2

Fees on Stocks


Apple
0.02
0.0
Facebook
0.02
0.0
Alphabet
0.02
0.0
Snapchat
0.02
0.0
BP
0.02
0.0
Tesco
0.02
0.0
Barclays
0.0
Lloyds
0.0

Fees on Indices


FTSE100
1.0
150
S&P500
5.0
75
Dow Jones
3.0
Nasdaq
1.0
100
CAC40
1.0
200
DAX30
3.0
200
Nikkei 225
7.0
1000
Euro Stoxx 50
2.0
300

Fees on Cryptocurrencies


Bitcoin
1
1,00%
Ethereum
1.4
1,00%
Ripple
40.0
1,00%
Litecoin
45.0
1,00%
Bitcoin Cash
1.8
1,00%
Dash
5.0
1,00%
Monero
10.0
1,00%
Neo
10.0
1,00%

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, es, fr, nor, pol, swe, it
en, de, es, fr, it
Watchlist Mobile ?

Available Markets


Forex Pairs ?
339
47
Crypto ?
339
47
Commodities ?
111
47
Stocks ?
9451
957
Indices ?
46
13
ETF ?
145
Futures ?
1
Options ?
1
Bonds ?
1
Metal ?
2
4
Agricultural ?
10
3
Energies ?
4
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Penny Stocks, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
10$
Maximum Trade Size ?
100 lots
20% of the equity

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
81
67
Number Chart Drawing Tools ?
24
14
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, de, es, fr, nor, pol, swe, it, chi
en, ru

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

CMC Markets vs eToro: A Comparison Summary

When it comes to online brokers, CMC Markets and eToro are two popular options. Both offer a variety of investment products, including stocks, forex, and cryptocurrencies. However, there are differences between the two that investors should consider before choosing a broker.

Security

Both CMC Markets and eToro are highly regulated, with security ratings of 95. CMC Markets is regulated by ASIC, FCA, MAS, FMA, and IIROC, while eToro is regulated by CySEC, ASIC, and FCA. eToro is also registered in the USA with FinCEN, making it available for US traders.

Demo Accounts

Both CMC Markets and eToro offer unlimited demo accounts with virtual funds for investors to practise trading. CMC Markets provides $10,000 virtual funds, while eToro provides $100,000 virtual funds. CMC Markets also allows investors to open multiple demo accounts with the same email.

Account Opening

CMC Markets offers a wide range of account types, including CFD, stockbroking, spread betting, FX active, corporate, and professional accounts. There is no minimum deposit required, and account currency options include GBP, EUR, USD, AUD, CAD, NOK, NZD, PLN, SEK, and SGD. Payment methods include wire transfers, credit/debit cards, and eWallets.

eToro offers standard, Islamic, corporate, and professional accounts. The minimum deposit is $200 for most countries ($50 for some), and the account currency is only available in USD. Payment methods are similar to CMC Markets.

Social-Copy Trading

Both CMC Markets and eToro offer social-copy trading features. CMC Markets offers this feature directly on their proprietary CFD trading platform called Next Generation. eToro is known for being the best player in offering copy and social trading, which is provided through their proprietary platform.

Markets

CMC Markets offers a wider range of markets with forex, commodities, indices, crypto assets, bonds, CFD shares, ETFs, and real stocks. eToro offers forex, commodities, indices, crypto assets, stocks, ETFs, and futures and options. CMC Markets offers a larger number of CFD shares and ETFs with 12,500+, while eToro offers over 1,050 real stocks and 290+ ETFs.

Trading Fees

CMC Markets offers variable spreads with a minimum spread of 0.7 pips on forex and 0.3 pips on indices, which is below the market average. Real stock commissions have $0 brokerage commission on US, UK, Canada, and Japan markets, and $0 commission on Aussie shares up to $1,000 per stock per trading day.

eToro offers variable spreads with a minimum spread of 1 pip on forex, which is above the market average. However, there are zero-commission real stocks and ETFs for CySEC, FCA, and ASIC traders, with the possibility to start investing with just $10.

Platforms

Both CMC Markets and eToro offer proprietary trading platforms available via web and mobile devices. CMC Markets also offers the popular MT4 platform.

Education/Customer Care

Both brokers provide clients with a range of educational materials, including webinars, ebooks, podcasts, video trading, and trading guides. eToro also provides high-quality blog articles, fintech guides, trading videos, webinars, and seminars. Customer care is easy to contact via email, phone, and live chat for both brokers.

Conclusion

Both CMC Markets and eToro are reputable brokers with similar features, but with some notable differences. CMC Markets offers a wider range of markets, including bonds and a larger number of CFD shares and ETFs, making it a good choice for both short-term and long-term investments. On the other hand, eToro is known for being the best player in offering copy and social trading, and it offers zero-commission real stocks and ETFs for certain traders.

Better Informed
Find and Compare The Best
Online Broker For You
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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