Scores, winners and data below compare these brokers as CFD/FX brokers (leveraged trading on forex, indices, commodities and crypto), using the data of CMC Markets' Germany entity and eToro's Cyprus entity. Scores, winners and data below compare these brokers as stock brokers (real shares and ETFs you own outright), using the data of CMC Markets' Germany entity and eToro's Cyprus entity.
CMC Markets
78% of retail investor accounts lose money when trading CFDs with this provider.
eToro
61% of retail CFD accounts lose money. Below content does not apply to US users.
Best for
What we compare A comparison of the kinds of traders CMC Markets and eToro are best suited to, based on what each one actually offers in .CMC Markets is better than eToro for day traders and scalpers, while eToro is better for long-term investors and professional traders. Both are a good fit for high-volume traders, swing traders and news traders.
| Overall score | CMC Markets 85 not offered | eToro 83 -2 85 |
|---|---|---|
| Day trading i | ||
| Long-term investing i | ||
| Professional traders i | ||
| High-volume traders i | ||
| Scalpers i | ||
| Swing traders i | ||
| News traders i | ||
| Algo traders i | ||
| Stock traders i | ||
| Crypto traders i | ||
| Futures traders i | ||
| Options traders i |
Regulation
What we compare A comparison between the financial authorities that supervise CMC Markets and the ones that supervise eToro.CMC Markets and eToro are both regulated by top-tier authorities, CMC Markets by BaFin, ASIC (Australia) and the FCA (United Kingdom) and eToro by CySEC, ASIC (Australia) and the SEC (United States).
| Section score | CMC Markets 100 not offered | eToro 100 100 |
|---|---|---|
| Tier-1 regulators | ||
| ESMA (European Union) i | BaFin (Germany) | CySEC (Cyprus) |
| FCA (United Kingdom) i | ||
| ASIC (Australia) i | ||
| CFTC (United States) i | ||
| NFA (United States) i | ||
| SEC (United States) i | ||
| CIRO (Canada) i | ||
| MAS (Singapore) i | ||
| SFC (Hong Kong) i | ||
| JFSA (Japan) i | ||
| FINMA (Switzerland) i | ||
| Tier-2 regulators | ||
| FMA (New Zealand) i | ||
| CBR (Russia) i | ||
| FSCA (South Africa) i | ||
| DFSA (Dubai) i | ||
| CSRC (China) i | ||
| ISA (Israel) i | ||
| LFSA (Malaysia) i | ||
| JSC (Jordan) i | ||
| CMA (Kenya) i | ||
| Tier-3 regulators | ||
| FSA (Seychelles) i | ||
| MMA (Maldives) i | ||
| SCB (Bahamas) i | ||
| FSC (Mauritius) i | ||
| VFSC (Vanuatu) i | ||
| FSC (Belize) i | ||
| CIMA (Cayman Islands) i | ||
| SV FSA (Saint Vincent and the Grenadines) i | ||
| FSRC (St. Kitts & Nevis) i | ||
| BMA (Bermuda) i | ||
| BVI FSC (British Virgin Islands) i | ||
| EDR (External Dispute Resolution) i | ||
Safety
What we compare A comparison of the tools and services that CMC Markets and eToro have in place to protect your money in .Both CMC Markets and eToro offer segregated client funds and an investor compensation scheme.
| Section score | CMC Markets 95 not offered | eToro 94 -1 94 |
|---|---|---|
| Company info | ||
| Is it publicly traded i | ||
| Is it a bank i | ||
| Year founded i | 1989 | 2007 |
| Parent company i | CMC Markets plc | eToro Group Ltd. |
| CEO i | Peter Cruddas | Yoni Assia |
| Money safety | ||
| Segregated client funds i | ||
| Two-factor authentication i | ||
| Investor compensation scheme i | ||
| Additional money insurance i | ||
| Partner bank i | Barclays Bank Ireland, J.P. Morgan SE | J.P. Morgan, Deutsche Bank, Coutts |
| Brand power | ||
| Number of customers worldwide i | 1,000,000 | 4,280,000 |
| Annual revenue i | USD 324,700,000 | USD 1,340,000,000 |
| Monthly website search traffic i | 10.5M monthly visits | 13.2M monthly visits |
Costs
What we compare A comparison of what it costs to trade with CMC Markets and with eToro in , both on each trade and on holding the account.CMC Markets is better than eToro for CFD/FX costs, given that CMC Markets is cheaper on EUR/USD, at 7 USD per lot (against eToro's 11.6 USD), has tighter S&P 500 CFD spreads, at 0.5 points (against eToro's 1.08 points), and has tighter gold CFD spreads, at 0.2 points (against eToro's 0.88 points). Neither CMC Markets nor eToro charges inactivity fees or account maintenance fees.
eToro and CMC Markets cannot be compared for real stock costs, because eToro is a broker offering both CFDs and stocks while CMC Markets is a CFD broker.
| Section score | CMC Markets 81 Best not offered | eToro 52 -29 79 |
|---|---|---|
| Broker fees | ||
| Deposit fees i | ||
| Withdrawal fees i | ||
| Overnight fees i | ||
| Inactivity fees i | ||
| Currency conversion fees i | ||
| Discounts on volume i | ||
| Real time market data fee i | ||
| Dividend withholding i | ||
| Account opening fees i | ||
| Account maintenance fee i | ||
| Portfolio management fee i | ||
| Fees on CFDs | ||
| Forex commission per lot i | USD 5 | |
| EUR/USD average standard spread i | ||
| EUR/USD average raw spread i | ||
| EUR/USD average fixed spread i | ||
| EUR/USD total cost per lot i | USD 7 | USD 11.6 |
| S&P 500 fees (CFD) i | 0.5 points | 1.08 points |
| Gold fees (CFD) i | 0.2 points | 0.88 points |
| Bitcoin fees (CFD) i | USD 15 | USD 1,585.8 |
| US stocks fees (CFD) i | USD 0.02 | |
| Fees on stocks | ||
| Stock fee type i | Commission | |
| US stocks fees (real) i | USD 2 | |
| ETF fees (real) i | Free | |
| Management costs i | ||
| Connection costs i | ||
| Fees on futures | ||
| Futures fees per contract i | ||
| Platform fees i | ||
| Fees on options | ||
| Options fees per contract i | Free | |
| Event fees i | ||
| Fees on savings plans | ||
| IRA opening fee i | ||
| IRA maintenance fee i | ||
| 401k opening fee i | ||
| 401k maintenance fee i | ||
Available markets
What we compare A comparison of the markets and products you can trade with CMC Markets and with eToro in , and of how many instruments each one gives access to.eToro is better than CMC Markets for CFD/FX markets, because eToro offers CFDs on ETFs, which CMC Markets does not, and lets you own crypto, ETFs and stocks outright, which CMC Markets does not. Both CMC Markets and eToro offer CFDs on commodities, crypto, forex, indices and stocks.
There is no like-for-like comparison for real stock markets, as CMC Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 75 -10 not offered | eToro 85 Best 55 |
|---|---|---|
| Total tradable symbols i | 12,000 | 5,461 |
| Currency pairs i | ||
| Indices i | ||
| Commodities i | ||
| Stocks i | ||
| ETF i | ||
| Cryptocurrencies i | ||
| Bonds i | ||
| Interest rates i | ||
| Portfolios i | ||
| CFDs i | Commodities, Crypto, Forex, Indices, Stocks | Commodities, Crypto, ETF, Forex, Indices, Stocks |
| Futures i | ||
| Options i | ||
| Assets you can own i | Crypto, ETF, Stocks |
Platform
What we compare A comparison of the trading platforms that CMC Markets and eToro make available to their clients in .CMC Markets is better than eToro for platforms, because CMC Markets offers MetaTrader 5, MetaTrader 4 and TradingView, which eToro does not. Both CMC Markets and eToro offer a proprietary platform and social trading.
eToro and CMC Markets cannot be compared for platforms, because eToro is a broker offering both CFDs and stocks while CMC Markets is a CFD broker.
| Section score | CMC Markets 97 Best not offered | eToro 84 -13 84 |
|---|---|---|
| Proprietary platform i | ||
| MetaTrader 4 i | ||
| MetaTrader 5 i | ||
| cTrader i | ||
| Social trading platform i | ||
| Copy trading platform i | ||
| ZuluTrade i | ||
| TradingView i | ||
| Duplitrade i | ||
| Mirror Trader i | ||
| NinjaTrader i | ||
| AutoChartist i | ||
| Real time pricing i | ||
| 5 digit pricing i | ||
| One-click trading i |
Mobile
What we compare A comparison of the mobile apps of CMC Markets and eToro in , and of what each one lets you do from your phone.eToro is better than CMC Markets for mobile trading, given that eToro offers a social trading app, a copy trading app and mobile trading signals, which CMC Markets does not. CMC Markets and eToro both offer a proprietary mobile app and mobile price alerts.
eToro and CMC Markets cannot be set side by side for mobile trading, as CMC Markets is a CFD broker and does not offer real stocks, unlike eToro.
| Section score | CMC Markets 73 -14 not offered | eToro 87 Best 87 |
|---|---|---|
| Proprietary app i | ||
| Social trading app i | ||
| Copy trading app i | ||
| MetaTrader 4 app i | ||
| MetaTrader 5 app i | ||
| cTrader app i | ||
| Mobile trading signals i | ||
| Mobile alerts i | ||
| Mobile charting tools i | ||
| Mobile drawing tools i | ||
| Mobile watchlist i | ||
| Smartwatch app i |
Trading features
What we compare A comparison of the trading tools and strategies that CMC Markets and eToro allow on their platforms in .CMC Markets and eToro are equally good for CFD/FX trading features, since CMC Markets allows for scalping and hedging while eToro offers API access. Both CMC Markets and eToro offer negative balance protection and trailing stops.
There is no like-for-like comparison for real stock trading features, as CMC Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 69 not offered | eToro 68 -1 85 |
|---|---|---|
| Trade execution | ||
| Broker type i | Agency | Agency |
| Average execution time i | 9 ms | |
| Slippage occurrence i | ||
| Requotes occurrence i | 0.08% | |
| Tier-1 liquidity providers i | ||
| PFOF i | ||
| Leverage | ||
| Major FX pairs leverage i | 30:1About this value. This is the major fx pairs leverage at CMC Markets Germany GmbH (BaFin). At CMC Markets' other companies: 30:1 (Australia, the UK), 50:1 (Canada). | 30:1About this value. This is the major fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 400:1 (other accepted countries), 30:1 (the UK, Australia). |
| Minor/Exotic FX pairs leverage i | 20:1About this value. This is the minor/exotic fx pairs leverage at CMC Markets Germany GmbH (BaFin). At CMC Markets' other companies: 20:1 (Australia, the UK), 33:1 (Canada). | 20:1About this value. This is the minor/exotic fx pairs leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 50:1 (other accepted countries), 20:1 (the UK, Australia). |
| Major indices leverage i | 20:1About this value. This is the major indices leverage at CMC Markets Germany GmbH (BaFin). At CMC Markets' other companies: 20:1 (Australia, the UK), 10:1 (Canada). | 20:1About this value. This is the major indices leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). |
| Minor indices leverage i | 10:1 | 10:1 |
| Gold leverage i | 20:1 | 20:1About this value. This is the gold leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 20:1 (the UK, Australia). |
| Commodities leverage i | 10:1About this value. This is the commodities leverage at CMC Markets Germany GmbH (BaFin). At CMC Markets' other companies: 10:1 (Australia, the UK), 30:1 (Canada). | 10:1About this value. This is the commodities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 100:1 (other accepted countries), 10:1 (the UK, Australia). |
| Equities leverage i | 5:1About this value. This is the equities leverage at CMC Markets Germany GmbH (BaFin). At CMC Markets' other companies: 5:1 (Australia, the UK), 3:1 (Canada). | 5:1About this value. This is the equities leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 10:1 (other accepted countries), 5:1 (the UK, Australia). |
| Cryptocurrency leverage i | 2:1 | 2:1About this value. This is the cryptocurrency leverage at eToro (Europe) Ltd (CySEC). At eToro's other companies: 5:1 (other accepted countries), 2:1 (Australia). |
| Risk management | ||
| Stop losses i | ||
| Take profits i | ||
| Limit orders i | ||
| Trailing stop i | ||
| Margin call i | ||
| OCO orders i | ||
| Guaranteed stop loss i | ||
| Negative balance protection i | ||
| Minimum trade size (FX) i | 0.01 lots | 0.01 lots |
| Minimum trade size (stocks) i | USD 0 | USD 10 |
| Fractional stocks i | ||
| Trading compliance | ||
| Scalping strategies allowed i | ||
| Hedging strategies allowed i | ||
| Automated trading strategy allowed i | ||
| EAs use allowed i | ||
| HFT strategy allowed i | ||
| VPS use allowed i | ||
| API use allowed i | ||
| Price scraping allowed i | ||
| FIFO rule applies i | ||
Account types
What we compare A comparison of the kinds of account you can open at CMC Markets and at eToro in , and of who each one is meant for.CMC Markets and eToro are equally good for CFD/FX account types, as both offer a demo account and a professional traders account.
eToro and CMC Markets cannot be compared for real stock account types, because eToro is a broker offering both CFDs and stocks while CMC Markets is a CFD broker.
| Section score | CMC Markets 48 not offered | eToro 48 74 |
|---|---|---|
| Demo account i | ||
| Unlimited demo account i | ||
| Standard account i | ||
| Micro account i | ||
| Cent account i | ||
| Nano account i | ||
| Raw spread account i | ||
| ECN account i | ||
| Swap-free account i | ||
| Islamic account i | ||
| Professional traders account i | ||
| Fixed spread account i | ||
| Spread betting account i | ||
| Copy trading account i | ||
| Corporate account i | ||
| Managed account i | ||
| Stock investing account i | ||
| Margin investing account i | ||
| Savings account i | ||
| Retirement account i |
Account opening
What we compare A comparison of what it takes to open and fund an account with CMC Markets and with eToro in .CMC Markets and eToro are equally good for account opening, as CMC Markets does not require a minimum deposit (against eToro's 50 USD), and has no minimum withdrawal (against eToro's 30 USD). On the other hand, eToro offers 3 account base currencies (against CMC Markets' 2), and supports e-wallets, which CMC Markets does not. CMC Markets and eToro both offer credit cards and debit cards.
eToro and CMC Markets cannot be compared for account opening, because eToro is a broker offering both CFDs and stocks while CMC Markets is a CFD broker.
| Section score | CMC Markets 65 not offered | eToro 64 -1 64 |
|---|---|---|
| Minimum deposit i | USD 0 | USD 50About this value. This is the minimum deposit at eToro (Europe) Ltd (CySEC). At eToro's other companies: USD 100 (other accepted countries), USD 50 (the UK, Australia, the US). |
| Minimum withdrawal i | USD 0 | USD 30 |
| Wire transfers i | ||
| Credit cards i | ||
| Debit cards i | ||
| eWallets i | PayPalAbout this value. This is the ewallets at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries and Australia. | |
| Local payment methods i | ||
| Account base currencies i | EUR, USDAbout this value. This is the account base currencies at CMC Markets Germany GmbH (BaFin). It is different at CMC Markets' companies in Australia. | USD, EUR, DKKAbout this value. This is the account base currencies at eToro (Europe) Ltd (CySEC). It is different at eToro's companies in other accepted countries, the US, the UK and Australia. |
| Deposit waiting time i | up to 2 business days | up to 5 business days |
| Withdrawal waiting time i | up to 2 business days | up to 7 business days |
| Bonus program i |
Customer care
What we compare A comparison of the customer support of CMC Markets and eToro in , in how it can be reached and how fast it answers.CMC Markets is better than eToro for customer care, as CMC Markets offers customer support in 9 languages (against eToro's 7), has a website in 9 languages (against eToro's 7), and offers phone support, which eToro does not. Both CMC Markets and eToro offer a dedicated account manager and priority support.
Only eToro can be assessed for customer care, since CMC Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 73 Best not offered | eToro 69 -4 69 |
|---|---|---|
| Number of languages supported i | 9 | 7 |
| Website languages i | German, English, French, Italian, Norwegian, Polish, Spanish, Swedish, Chinese | Arabic, German, English, French, Italian, Spanish, Chinese |
| Website available in English i | ||
| Customer support languages i | German, English, French, Italian, Norwegian, Polish, Spanish, Swedish, Chinese | Arabic, German, English, French, Italian, Romanian, Spanish |
| Customer support in English i | ||
| Call back request i | ||
| Email support i | ||
| Phone support i | ||
| Live chat i | ||
| Priority customer support i | ||
| Dedicated account manager i | ||
| Cash sweep i | ||
| Stock lending i | ||
| Distributes proceeds i | ||
| Tax withholding agent i | ||
| Tax assistance i |
Learning
What we compare A comparison of the educational material that CMC Markets and eToro provide to their clients in .CMC Markets and eToro are equally good for learning, as both offer education for advanced traders and webinars.
Only eToro can be assessed for learning, since CMC Markets is a CFD broker and does not offer real stocks.
| Section score | CMC Markets 100 not offered | eToro 100 100 |
|---|---|---|
| Education | ||
| Education center i | ||
| Education for beginners i | ||
| Education for advanced traders i | ||
| Webinars i | ||
| Tutorials i | ||
| Glossary i | ||
| Research | ||
| Economic calendar i | ||
| Traders' sentiment i | ||
| Daily market commentary i | ||
| Daily trading ideas i | ||
| News via social media i | ||
| Professional reports i | ||
| Watchlist i | ||
CMC Markets vs eToro: which one should you choose?
CMC Markets
CFD/FX Choose CMC Markets if you want a CFD and forex broker with low trading costs, a choice of trading platforms and fast order execution.
Open Account 78% of retail investor accounts lose money when trading CFDs with this provider.
eToro
CFD/FX Choose eToro if you want an online CFD broker with ETFs and API access.
Stocks Choose eToro if you want a broker for securities investing with crypto, ETFs and a wide choice of markets.
Open Account 61% of retail CFD accounts lose money. Below content does not apply to US users.Other popular comparisons
Below are other head-to-head comparisons that include CMC Markets or eToro, each scored with the same data and method as this page.
