Stake vs CMC Markets

Stake vs CMC Markets Comparison Table 2023
Stake Review 2023	CMC Markets Review 2023
Review 2.9	Review 4.7
Traders from US not accepted	Traders from US not accepted See available CFD brokers
Stake is an Wall Street brokerage offering 6,000+ stocks on a mobile investing app. This multi-reglated broker has gained a strong reputation since its inception in 2017, with over 450,000 customers. The brand offers competitive fees, with just a $3 brokerage charge and 0.5% for FX conversion, making it popular with global traders.	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.
	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.
Bonus Offer
Free Stock
Comment by Reviewer
"Stake will appeal to aspiring stock investors looking for a heavily regulated, easy-to-use mobile platform with low fees and thousands of US shares."	"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
Strong regulatory oversight with licenses and memberships with FINRA, SIPC and the FCA Excellent range of 6,000 US stocks and ETFs, plus a useful stock comparison tool Free first 'mystery' stock when you sign up and fund your account within 24 hours Competitive $3 brokerage charge and free fractional shares, plus no inactivity or account fees Sleek and user-friendly mobile interface with price charts, a financial news stream and market data Attractive 'Stake Black' membership for Australian and New Zealand clients, offering instant fund settlements and more Educational content and market overviews are posted to help investors stay up to date with the US and Australian markets Fractional trading and stock lending help Stake offer a complete investing package Clients can take advantage of free trades on Wall Street stocks and ETFs	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
Stake charges hefty deposit and withdrawal fees, and up to A$20 per month for its top account levels To unlock market depth, company financial data and OTC stock trading, investors need to pay up to A$20 per month for Stake Black UK investors are limited to bank transfers when making deposits and withdrawals There is only one method for clients to contact the customer support team The brokerage does not support trading using leverage or margin There are limited technical analysis tools in the app There is a narrow range of trading instruments	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 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
Stocks, ETFs	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting
Demo Account
No	Yes
Minimum Deposit
$50	$0
Trading Platforms
Own	MT4
Payment Methods
Apple Pay Credit Card Debit Card Google Wallet POLi Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
Variable	0.01 Lots
Regulator
FCA, ASIC, FMA	FCA, ASIC, MAS, CIRO
Margin Trading
No	Yes
Margin Rate
	1%
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 & Android
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$0	$10
Islamic Account
No	Yes
Account Currencies
USD GBP AUD NZD BRL	USD EUR GBP AUD SEK PLN
Stock Exchanges
Australian Securities Exchange Nasdaq New York 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
	Coffee Cannabis Copper Gold Livestock Natural Gas Nickel Oil Orange Juice Palladium Platinum Precious Metals Silver Soybeans Steel Sugar Wheat
CFD Trading
CFD trading not offered	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 pt
GBPUSD Spread
	0.9
Oil Spread
	3.5
Stocks Spread
	0.02
Forex Trading
Forex trading not offered	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
	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
	0.9
EURUSD Spread
	0.7
EURGBP Spread
	1.1
Assets
	330+
Currency Indices
	USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
Crypto trading not offered	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
	from 1.3
Coins
	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
	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.
More Comparisons
Stake vs	CMC Markets vs