CMC Markets vs eToro compared

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

CMC Markets
eToro
CMC Markets
4.5
76% of retail CFD accounts lose money
eToro
4.8
Your capital is at risk

Last update of dataAug 2022

CMC Markets

CMC Markets is a UK-based global CFD and forex broker, regulated by multiple top-tier authorities including the UK FCA.

Recommended for forex and CFD traders looking for an advanced trading platform with many research tools.

eToro

eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC.

Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.

CMC Markets's service is on par with eToro's and a comparison of their fees shows that CMC Markets's fees are slightly higher than eToro's.

Account opening takes somewhat more effort at CMC Markets compared to eToro, deposit and withdrawal processes are somewhat easier at CMC Markets, while customer service quality is much better than eToro's.

Our experts rated the trading platform of CMC Markets as being of the same quality as the platform of eToro, found that clients have access to less markets and products with CMC Markets, while eToro provides less useful research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.5

Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools

Overall Score
4.8

Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading

Best broker for cryptos

Country of origin

UK

Country of origin

Israel

Fees

Fees score
3.6
Fees score
4.4
Fees summary

Low forex fees, average CFD and non-trading fees

Fees summary

Low trading fees, high non-trading fees, free stock and ETF trading

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.8
Deposit and withdrawal score
3.9
Number of base currencies

10

Number of base currencies

1

Deposit type

Withdrawal type

Account opening

Account opening score
4.2
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$50

*
Time to open account

1-3 days

Time to open account

1 day

Required documents

Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement

Required documents

Proof of identity: passport / personal ID Proof of residency: utility bill

Trading platform

Web platform score
5.0
Web platform score
4.4
Mobile platform score
5.0
Mobile platform score
4.7
Desktop platform score
3.4
Desktop platform score
-

Markets and products

Markets and products score
2.6
Markets and products score
4.3
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
*
*
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

CFD disclaimer

Disclaimer: 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
5.0
Research score
3.7
Charting quality

Great

Charting quality

Great

Education score
5.0
Education score
4.8
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
1.5
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators

Investor protection amount

£85,000 for UK residents, €20,000 for non-UK residents

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1989

Foundation date

2007

Country of regulation

UK, Australia, Canada, New Zealand, Singapore, Germany

Country of regulation

UK, Cyprus, Australia

CMC Markets

For detailed information and hands-on experience, read our review of this broker.

eToro

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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