Compare CMC Markets vs Halifax


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

CMC Markets vs Halifax
overall rating
4.6
4.0
overall pros
  • Low forex fees
  • Great web and mobile platforms
  • Advanced research and educational tools
  • Low non-trading fees
  • Good options for deposits and withdrawals
  • Quick and easy account opening
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Complicated account verification
  • High stock trading fees
  • Limited web-based platform
  • No mobile or desktop platforms
fees
3.5
  • Low forex fees
  • No withdrawal fee
  • High stock CFD fees
2.2
  • Low non-trading fees
  • No withdrawal fee
  • No inactivity fee
  • High trading fees
  • High stock and ETF fees
account opening
4.1
  • Fully digital
  • No minimum deposit
  • Complicated account verification
4.0
  • Fast
  • Fully digital
  • No minimum deposit
  • Not user-friendly
  • Only for UK residents
deposit and withdrawal
4.8
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • £15 fee for international bank transfers
3.8
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Only one account base currency
  • Slow withdrawal - over 3 days
  • Electronic wallets not available
web trading platform
4.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Modern design
  • No two-step (safer) login
3.5
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No research capabilities in the portal
mobile trading platform
4.4
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
desktop trading platform
3.4
  • 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
  • Investment Trusts
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
3.5
  • Trading ideas
  • Data on asset fundamentals
  • Research tools not integrated into web trading platform
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
3.0
  • Phone support
  • Live chat
  • Relevant answers
  • No 24/7 support
  • No response to email
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
3.5
  • Trading platform tutorial
  • Educational videos
  • 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
  • High level of investor protection
  • Banking background
  • All clients belong to a top-tier financial authority
recommended for Forex and CFD traders looking for an advanced trading platform with many research tools Beginners and long-term investors
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