Compare ChoiceTrade vs CMC Markets


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against CMC Markets!

ChoiceTrade vs CMC Markets
overall rating
4.1
4.6
overall pros
  • Commission-free stock and ETF trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Low forex fees
  • Great web and mobile platforms
  • Advanced research and educational tools
overall cons
  • High non-trading fees
  • Not user-friendly withdrawal
  • Limited product portfolio
  • High stock CFD fees
  • Limited product portfolio
  • Complicated account verification
fees
4.1
  • Low trading fees
  • Low stock and ETF fees
  • Commission-free stock trading
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
4.2
  • Low forex fees
  • No withdrawal fee
  • High stock CFD fees
account opening
4.9
  • Fully digital
  • Low minimum deposit
  • User-friendly
3.9
  • Fully digital
  • No minimum deposit
  • Complicated account verification
deposit and withdrawal
0.8
  • No deposit fee
  • Credit/Debit card not available
  • Withdrawal is way overcomplicated
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • £15 fee for international bank transfer
web trading platform
1.5
  • Clear fee report
  • Good variety of order types
  • Order confirmation
  • No two-step (safer) login
  • Poor search function
  • Design is very outdated
4.4
  • Clear fee report
  • Good search function
  • Good customizability (for charts, workspace)
  • Modern design
  • No two-step (safer) login
mobile trading platform
4.0
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
4.4
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
2.8
  • Clear fee report
  • Good variety of order types
  • Good search function
  • Limited customizability (for charts, workspace)
  • No two-step (safer) login
  • No price alerts
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.1
  • Stock
  • ETF
  • Options
2.2
  • Forex
  • CFD
  • Crypto
research
2.8
  • Trading ideas
  • Data on asset fundamentals
  • Quality news flow
  • Limited interactive charting
  • Not user-friendly
4.6
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
3.9
  • Phone support
  • Fast response time
  • Relevant answers
  • No live chat
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
3.0
  • Demo account
  • Trading platform tutorial
  • Hard to navigate
  • Poor production quality
  • Not updated for a long time
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
recommended for Stock and options traders looking for low trading fees and focusing on the US market Forex and CFD traders looking for an advanced trading platform with many research tools
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