CMC Markets
eToro
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders looking for an advanced trading platform with many research tools
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
Best broker for beginners
UK
Israel
Fees
Low forex fees, average CFD and non-trading fees
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
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
1
Deposit type
Withdrawal type
Account opening
$0
$50
1-3 days
1 day
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
Proof of identity: passport / personal ID Proof of residency: utility bill
Trading platform
Markets and products
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.
Disclaimer: 81.2% 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
Great
Great
Customer service
Security
£85,000 for clients under FCA, $1,000,000 under IIROC, no protection under other regulators
£85,000 for UK residents, €20,000 for non-UK residents
1989
2007
UK, Australia, Canada, New Zealand, Singapore, Germany
UK, Cyprus, Australia
For detailed information and hands-on experience, read our review of this broker.
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.
CMC Markets's service is slightly weaker than 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 somewhat 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.