eToro vs CMC Markets

eToro vs CMC Markets Comparison Table 2023
eToro	CMC Markets
Review 4.1	Review 4.7
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
eToro is a top-rated multi-asset platform which offers both investing in stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.	CMC Markets is a trustworthy brand authorized by tier-one regulators including the FCA and ASIC. Advanced trading tools, excellent market research and low fees help the broker stand out from rivals. The no minimum deposit, free demo account and social trading service have also made CMC Markets popular with aspiring traders.
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Comment by Reviewer
"eToro is a great pick for traders who want to trade CFDs with copy trading and other social investing features. The brand is hugely respected with a string of awards and strong regulatory oversight."	"CMC Markets is a great option for active traders with thousands of instruments, spreads from 0.0 pips and an award-winning trading platform."
Pros
25M+ user community Interest up to 5.35% on idle funds Industry-leading copy trading app Commission-free stock trading Islamic/Halal-friendly account Good user reviews and app rankings Low minimum deposit requirement Multiple orders including take profits Digital wallet with multiple currencies Trustworthy and award-winning company Comprehensive online training academy Demo account with access to virtual funds	Easy to use proprietary platform with intuitive features including a pattern recognition scanner and 40+ indicators and drawing tools Transparent pricing model with lower spreads than alternatives and no deposit or withdrawal fees Comprehensive suite of market research tools and analyst insights to help make informed trading decisions CMC Alpha loyalty scheme with great perks for high-volume traders including premium support and 5% to 28.6% discounts on spreads A hugely respected broker listed on the London Stock Exchange with 300,000+ clients Responsive and knowledgeable support team available 24/5 to help new traders get started quickly
Cons
Fee to withdraw revenue Limited contact methods No guaranteed stop loss No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms Currency conversion fees for account denominations other than USD	A $10 monthly inactivity fee that kicks in after 12 months of no activity Spread betting is only available in the UK US clients are not accepted
Awards
Best of Show Award 2012 - Finovate Europe Most Innovative Trading Platform 2010 - World Finance Awards Best Trading Software 2011 - World Finance Awards	Best Trading App 2023 - DayTrading.com No.1 Platform Technology 2022 No.1 New Tool 2022 No.1 Most Currency Pairs 2022 Best Trade Execution 2021 Best Forex Broker For Beginners 2021 Most Transparent Forex Broker Europe 2020 Best Trading Platform 2020 Best Trading App 2019 Best Customer Service 2018
Instruments
Crypto	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
Demo Account
Yes	Yes
Minimum Deposit
$10	$0
Trading Platforms
TradingCentral	MT4
Payment Methods
Debit Card iDeal Klarna Neteller POLi Rapid Transfer Skrill Sofort Swift Visa Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
$10	0.01 Lots
Regulator
FCA, ASIC, CySEC, FSA	FCA, ASIC, MAS, CIRO
Margin Trading
Yes	Yes
Margin Rate
1%	1%
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android & Windows	iOS & Android
Auto Trading
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$10	$10
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP CAD AUD SEK PLN
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Taiwan Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500 SIX Swiss Exchange Shenzhen Stock Exchange
Commodities
Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Iron Lead Lithium Livestock Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Coffee Cannabis Copper Gold Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
Trade CFDs on over 3,000 assets and enjoy rich market data through integrated TradingView charts. There is also comprehensive free learning tools via the eToro Academy, ideal for beginners. Fees are low and leverage is in line with regulatory requirements, helping to provide a secure trading environment.	CMC Markets offers leveraged CFDs on an extensive list of 12,000+ instruments with transparent pricing, powerful trading software and ultra-fast execution speeds. Out-of-hours trading on CFD indices is also available, plus 24/5 award-winning customer support.
Leverage
	1:30 (Retail), 1:500 (Pro)
FTSE Spread
1.5 pt	1 pt
GBPUSD Spread
2 pips	0.9
Oil Spread
5 pts	3.5
Stocks Spread
0.24% Var	0.02
Forex Trading
An impressive selection of 52 currencies are tradeable on eToro's proprietary platform and app. Traders can also continuously hone their forex strategies by switching between demo mode and their live account any time.	CMC Markets offers a superb list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals.
Forex App
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.	CMC Markets deliver an award-winning app, compatible with most major mobile and tablet operating systems. Trade more than 9300 assets via the app on their Next Generation platform. Includes advanced charting with 12 chart types and 40 technical indicators.
GBPUSD Spread
2 pips	0.9
EURUSD Spread
1.5 pips	0.7
EURGBP Spread
1.5 pips	1.1
Assets
49	330+
Currency Indices
USD	USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
eToro leads the way in cryptocurrency trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Don’t invest unless you’re prepared to lose all the money you invest.	CMC Markets offers trading on popular digital tokens and crypto indices for broader exposure to the market. There is minimal slippage and an excellent 99.9% fill rate.
Spread
BTC 1%, ETH 2%	from 1.3
Coins
BTC ETH BCH XRP DASH LTC ETC ADA MIOTA XLM EOS NEO ZEC BNB VET	BTC BCH ETH LTC EOS TRON NEO ADA XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
76% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.	Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
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