Compare CMC Markets vs E*TRADE


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

CMC Markets vs E*TRADE
overall rating
4.6
4.8
overall pros
  • Low forex fees
  • Great web and mobile platforms
  • Advanced research and educational tools
  • Low trading fees (free stock and ETF trading)
  • User-friendly mobile trading platform
  • Great research tools
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Complicated account verification
  • Only US markets, no forex
  • Only bank transfer
  • Slow customer support
fees
4.0
  • Low forex fees
  • No withdrawal fee
  • High stock CFD fees
4.4
  • Low non-trading fees
  • Free stock and ETF trading
  • Some mutual funds and bonds are free
  • Higher fees for non-free mutual funds
account opening
3.9
  • Fully digital
  • No minimum deposit
  • Complicated account verification
4.4
  • Fully digital
  • No minimum deposit
  • User-friendly
  • Slow
deposit and withdrawal
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • £15 fee for international bank transfer
2.2
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • High fee for wire transfer withdrawal
web trading platform
4.4
  • Clear fee report
  • Good search function
  • Good customizability (for charts, workspace)
  • Modern design
  • No two-step (safer) login
4.0
  • User-friendly
  • Clear fee report
  • Good search function
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
mobile trading platform
4.4
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
2.2
  • Forex
  • CFD
  • Crypto
3.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
research
4.6
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
4.8
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
3.6
  • Phone support
  • Live chat
  • Relevant answers
  • Extremely slow live chat and phone
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
3.5
  • Trading platform tutorial
  • Educational videos
  • Good production quality
  • No demo account
  • Majority of clients belong to a top-tier financial authority
  • Listed on stock exchange
  • Negative balance protection
  • Does not hold a banking license
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Forex and CFD traders looking for an advanced trading platform with many research tools Investors and traders looking for solid research and a great mobile trading platform
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