Compare CMC Markets vs TradeStation


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

CMC Markets vs TradeStation
overall rating
4.7
4.7
overall pros
  • Low forex fees
  • Great web and mobile platforms
  • Advanced research and educational tools
  • Great web and mobile trading platform
  • Low stock and ETF fees
  • High-quality educational tools
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Complicated account verification
  • Not user-friendly deposit and withdrawal
  • No forex trading
  • Mediocre customer service
fees
3.8
  • Low forex fees
  • No withdrawal fee
  • High stock CFD fees
4.1
  • Low trading fees
  • Low stock and ETF fees
  • Multiple fee structures to choose from
  • Withdrawal fee
account opening
4.1
  • Fully digital
  • No minimum deposit
  • Complicated account verification
5.0
  • Fast
  • Fully digital
  • User-friendly
  • Only USD accounts (unless you trade futures)
deposit and withdrawal
4.8
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • £15 fee for international bank transfers
2.3
  • No deposit fee
  • Deposit and withdrawal in cryptocurrencies
  • Credit/Debit card not available
  • High fee for wire withdrawal
  • Only USD accounts (unless you trade futures)
web trading platform
4.5
  • 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
4.5
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited search functions
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
2.5
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Two-step (safer) login
  • Not user-friendly
  • Poor search function
  • Poor design
markets and products
2.2
  • Forex
  • CFD
  • Crypto
2.7
  • Stock
  • ETF
  • Fund
  • Options
  • Futures
  • Crypto
research
5.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
4.3
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Many add-on research tools are not free
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
2.5
  • Phone support
  • Live chat
  • No 24/7 support
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Financial information is publicly available
  • Parent company listed on stock exchange
  • No negative balance protection
  • Does not hold a banking license
recommended for Forex and CFD traders looking for an advanced trading platform with many research tools Traders focusing on US markets and buy-and-hold investing
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