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Rankings updated November 2026

eToro vs CMC Markets

Your capital is at risk. Trade only with funds you can afford to lose.

eToro

4/5

Ukraine flag Doesn't accept traders from Ukraine. See available CFD brokers

Not available in your countryRead eToro review

55% 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. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Rating breakdown

  • Regulation & trust4.30.5 lower than CMC Markets (4.8)
  • Assets & markets3.80.9 lower than CMC Markets (4.7)
  • Fees & costs3.40.9 lower than CMC Markets (4.3)
  • Platforms & tools2.81.5 lower than CMC Markets (4.3)
  • Accounts & banking4.10.4 lower than CMC Markets (4.5)
  • Education4.00.3 lower than CMC Markets (4.3)
  • Research4.30.2 lower than CMC Markets (4.5)
  • Customer support2.52.0 lower than CMC Markets (4.5)

CMC Markets’s score. Numbers show the difference.

Higher rated

CMC Markets

4.7/5

Ukraine flag Doesn't accept traders from Ukraine. See available CFD brokers

Not available in your countryRead CMC Markets review

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.

Rating breakdown

  • Regulation & trust4.80.5 higher than eToro (4.3)
  • Assets & markets4.70.9 higher than eToro (3.8)
  • Fees & costs4.30.9 higher than eToro (3.4)
  • Platforms & tools4.31.5 higher than eToro (2.8)
  • Accounts & banking4.50.4 higher than eToro (4.1)
  • Education4.30.3 higher than eToro (4.0)
  • Research4.50.2 higher than eToro (4.3)
  • Customer support4.52.0 higher than eToro (2.5)

eToro’s score. Numbers show the difference.

eToro vs CMC Markets comparison table 2026
eToroCMC Markets
OvervieweToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, 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. The brand is particularly popular for its comprehensive social trading platform. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. 55% of retail CFD accounts lose money.Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.
Customer Reviews
4.3
Based on 3 customer reviews
4.5
Based on 4 customer reviews
Trustpilot Score
4
4.3
Bonus OfferGet A Free Stock Worth $50–
Promotions–
Comment by Reviewer“eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers.”“With advanced charting tools and an extensive range of tradable CFDs, including an almost unrivalled selection of currencies and custom indices, CMC Markets provides a fantastic online platform for traders of all levels. ”
Pros
  • There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses.
  • eToro elevated the social trading experience in 2025, integrating insights from Stocktwits 10M+ users to help gauge market sentiment.
  • The eToro Club entry barrier has been lowered, with a $4.99/month subscription providing access to 18 perks, including a debit card that turns shopping into equities with 4% back in shares.
  • In 2025, eToro stopped including all crypto trading fees within the spread - instead, the same commission is now charged separately and shown as a clear line item, giving active traders more transparency without increasing overall costs.
  • The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat that we love using.
  • CMC offers excellent pricing, including tight spreads and low trading fees for all but stock CFDs. The Alpha and Price+ schemes also offer perks for active traders with up to 40% discounts on spreads.
  • The brokerage continues to stand out with its wide range of value-add resources, including pattern recognition scanners, webinars, tutorials, news feeds, and research from respected sources like Morningstar.
  • The CMC web platform delivers a fantastic user experience with advanced charting tools for day trading and customizable features, catering to both beginners and experienced traders. MT4, MT5 and TradingView (added in 2025) are also supported.
  • CMC Funded available from October 2026, providing up to a $100k prop trading-style simulated account to traders looking to prove their skills on CMC's trading infrastructure with wide market access, including prediction markets.
  • CMC Markets has added an AI News feature, using AI to surface and summarise market stories rather than place trades for you, hinting at where broker research tools are heading.
Cons
  • There are limited contact methods aside from the in-platform live chat.
  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital.
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners.
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software.
  • The CMC Markets app offers the complete trading package but the design and user experience trails category leaders like eToro.
  • Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG.
  • An inactivity fee of $15 per month is applied after 12 months of inactivity, which may deter casual investors.
Awards
  • Best Crypto Broker Runner Up 2025 - DayTrading.com
  • Best Cryptocurrency Trading Platform 2022 - Finder
  • Education Materials/Program 2022 - Investment Trends
  • Best Copy Trading Platform 2021 - Ultimate Fintech Awards
  • Best Multi-Asset Trading Platform 2021 - Ultimate Fintech Awards
  • Best Stockbroker 2021 - Ultimate Fintech Awards
  • Best Social Trading Platform 2019 - ADVFN International Financial 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
InstrumentsCFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTsCFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting, Certificates and Warrants (Germany and Austria)
Demo AccountYesYes
Minimum Deposit$50$0
Trading Platforms
  • eToro Web
  • CopyTrader
  • TradingCentral
  • Web
  • MT4
  • MT5
  • TradingView
Payment Methods
Minimum Trade$100.01 Lots
RegulatorFCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSCFCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
Margin TradingYesYes
Margin Rate6.40%3.0%
STP AccountYesNo
ECN AccountNoNo
DMA AccountNoNo
MAM AccountNoNo
PAMM AccountNoNo
LAMM AccountNoNo
Demat AccountNoNo
AI / Machine LearningYesNo
Robo AdvisorNoNo
Negative Balance ProtectionYesYes
Market MakerYesYes
P2P TradingNoNo
Spot TradingYesYes
Mobile AppsiOS & AndroidiOS & Android
App RevieweToro 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.The award-winning app from CMC Markets has transformed mobile trading. The app's modern and customizable interface offers a unique user experience, distinct from competitors. Moreover, with its comprehensive charting capabilities featuring 25 technical indicators and 15 drawing tools, as well as its fast and stable trading environment, it's an exceptional choice for day traders.
Android App Rating
3.8
3.7
iOS App Rating
4
4.1
Auto TradingAutomate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.Expert Advisors (EAs) on MetaTrader
Copy TradingYesNo
Copy Trading PlatformeToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners. The latest 'Live Trades' feature also offers real-time insights into the securities being bought by the platform's popular investors.–
Social TradingYesYes
Trade SignalsYesYes
VPS HostingNoYes
TournamentsNoNo
Demo CompetitionsNoYes
Ethical InvestingYesNo
Custodial AccountNoNo
Guaranteed Stop LossNoYes
Inactivity Fee$10$15
Islamic AccountYesYes
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • DKK
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SEK
  • NOK
  • SGD
  • PLN
Stock Exchanges
Commodities
CFD Trading
OverviewYou can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides.CMC lets you trade CFDs on 12,000+ assets across currencies, indices, commodities, shares, ETFs and treasuries with new equities spanning quantum computing, AI learning, and digital car sales in 2025. Spreads are tight, there are no hidden fees and the industry-leading MetaTrader 4 platform is also supported for leveraged trading. Year after year, CMC shines as one of the best CFD brokers in the market.
Leverage1:30 EU1:30 (Retail), 1:500 (Pro)
FTSE Spread1.51 pt
GBPUSD Spread1.90.9
Oil Spread0.053.5
Stocks Spread0.57 (Apple)0.02
Forex Trading
OverviewAn above-average selection of 55 currencies are available with reasonable spreads averaging 1.0 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators.CMC presents an extensive array of 300+ forex pairs characterized by tight spreads and rapid executions, surpassing the offerings of many competitors in terms of currency diversity. Forex indices also present a fairly unique and holistic way to speculate on the value of key currencies like the USD, EUR and GBP.
GBPUSD Spread1.90.9
EURUSD Spread1.00.7
EURGBP Spread1.31.1
Assets55300+
Currency Indices
  • USD
  • USD
  • EUR
  • GBP
  • JPY
  • CAD
  • AUD
  • NZD
  • CHF
Cryptocurrency
OvervieweToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 100+ tokens which is continually being updated, including 29 new tokens in April 2025, from AI to memecoins. It also brought in crypto staking in 2025, allowing users to earn rewards for HODLing digital assets. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here.CMC Markets offers trading on popular digital tokens like Bitcoin but really stands out for its crypto indices that provide broader exposure to the cryptocurrency market. There is also minimal slippage and an excellent 99.9% fill rate, making CMC a great option for active crypto day traders.
SpreadBTC 1%From 1.3
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • API3
  • CRO
  • SKL
  • IMX
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • TRX
  • ZEC
  • BNB
  • XTZ
  • DOT
  • MKR
  • COMP
  • LINK
  • UNI
  • YFI
  • DOGE
  • AAVE
  • FIL
  • ALGO
  • ATOM
  • MANA
  • APE
  • LRC
  • ENJ
  • BICO
  • BAT
  • BNT
  • OGN
  • MATIC
  • FLR
  • GALA
  • ALICE
  • CHZ
  • HBAR
  • DYDX
  • SOL
  • THETA
  • FTM
  • GRT
  • 1INCH
  • CRV
  • ANKR
  • OXT
  • REN
  • SNX
  • STORJ
  • ZRX
  • CELO
  • SUSHI
  • QNT
  • BAL
  • FET
  • SHIBxM
  • AMP
  • AXS
  • SGB
  • CTSI
  • ENS
  • UMA
  • LUNC
  • FTT
  • SRM
  • LPT
  • KNC
  • ARB
  • RNDR
  • OP
  • LDO
  • BTC
  • BCH
  • ETH
  • LTC
  • EOS
  • TRON
  • NEO
  • ADA
  • XLM
Crypto LendingNoNo
Crypto MiningNoNo
Crypto StakingYesNo
Auto Market MakerNoNo
Not available in your countryRead eToro review

55% 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. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Not available in your countryRead CMC Markets review

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.