Mitrade vs CMC Markets

Mitrade vs CMC Markets Comparison Table 2022
Mitrade CMC Markets
Not Yet Rated
United States Flag Traders from US not accepted
4.7
United States Flag Traders from US not accepted
Mitrade is a regulated Australian brokerage firm with a range of CFDs and forex pairs, providing leveraged trading to retail and professional clients. CMC Markets is headquartered in London and listed on the LSE (FCA Regulated). It offers competitive spreads on a global range of assets via its Next Generation platform.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% (April-June 2022) 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.
Awards
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
Bonus
$50 welcome bonus None
Instruments
Stocks, CFD, Forex, Crypto Indices and ETFs > CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes Yes
Minimum Deposit
$0 £0
Payment Methods
Credit Card, Debit Card, Mastercard, POLi, Skrill, Visa, Wire Transfer POLi
Minimum Trade
0.01 lots 0.01 Lots
Regulator
ASIC FCA, MAS, ASIC, IIROC
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
- No
eSignal
- No
Trading Central
- No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS and Android
Auto Trading
- Yes (via MT4)
Trade Signals
No -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No Yes
Copy Trading
No No
Islamic Account
No No
Account Currencies
USD, AUD USD, EUR, GBP, AUD, SEK, PLN
Stock Exchanges
Australian Securities Exchange, Deutsche Boerse, Euronext, Hong Kong Stock Exchange, Japan Exchange Group, New York Stock Exchange Deutsche Boerse
CFD
Mitrade offers a wide range of CFDs, encompassing cryptocurrencies, foreign exchange, commodities, shares and equity indices.
Leverage
1:30 Retail, 1:250 Professional 1:30
FTSE Spread
3 1 pt
GBPUSD Spread
1.5 0.9
Oil Spread
0.05 3.0
Stocks Spread
Variable .10% Var
Forex
A wide range of major, minor and exotic currency pairs are available with leverage through Mitrade's proprietary web-based trading platform.
GBPUSD Spread
1.5 0.9
EURUSD Spread
1 0.7
EURGBP Spread
1.2 1.1
Assets
60 300+
Cryptocurrency
Mitrade offers CFD trading in four major cryptocurrencies against the US dollar. Crypto trading not offered
Spread
Variable
Coins
BTC, BCH, ETH, LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No No
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% (April-June 2022) 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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