Compare CMC Markets vs Oanda

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

CMC Markets vs Oanda
open account	Visit broker 76% of retail CFD accounts lose money
overall rating	4.6	4.4
overall pros	Low forex fees Great web and mobile platforms Advanced research and educational tools	Great trading platforms Outstanding research tools Fast and user-friendly account opening
overall cons	High stock CFD fees Limited product portfolio Complicated account verification	High forex fees Only FX and CFD available No stock exchange listing and banking background
fees	3.5 Low forex fees No withdrawal fee High stock CFD fees	2.9 First credit/debit card withdrawal per month is free High forex fees High financing rate
account opening	4.1 Fully digital No minimum deposit Complicated account verification	4.4 Fully digital No minimum deposit
deposit and withdrawal	4.8 Credit/Debit card available No deposit fee Several account base currencies £15 fee for international bank transfers	4.2 Credit/Debit card available Free withdrawal No deposit fee High withdrawal fee for bank transfers and PayPal
web trading platform	4.4 Clear fee report Good customizability (for charts, workspace) Modern design No two-step (safer) login	4.5 User-friendly Clear fee report Two-step (safer) login No price alerts
mobile trading platform	4.4 User-friendly Good search function Good variety of order types No two-step (safer) login	5.0 User-friendly Two-step (safer) login Good search function No Touch/Face ID login
desktop trading platform	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design	4.5 User-friendly Clear fee report Good customizability (for charts, workspace) No price alerts
markets and products	2.2 Forex CFD Crypto	1.6 Forex CFD
research	5.0 Good interactive chart Trading ideas Data on asset fundamentals	5.0 Good interactive chart Data on asset fundamentals Quality news flow Great API No trading ideas Research tools are poorly organized
customer service	4.5 Phone support Live chat Fast response time No 24/7 support	4.5 Phone support Live chat Fast response time No 24/7 support
education	5.0 Demo account Trading platform tutorial Educational videos	5.0 Demo account Trading platform tutorial Educational videos Materials are not well-organized
safety	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 Negative balance protection Financial information is publicly available Does not hold a banking license Not listed on stock exchange
recommended for	Forex and CFD traders looking for an advanced trading platform with many research tools	Forex traders who value a user-friendly platform and great research tools

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