TD Ameritrade vs CMC Markets

TD Ameritrade vs CMC Markets Comparison Table 2023
TD Ameritrade	CMC Markets
Review 4 TD Ameritrade is #33 in our broker rankings.	Review 4.7
Traders from US accepted	Traders from US not accepted
One of the largest discount brokers in the US, with a fixed trading commission and access to a large array of trading products and securities.	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. 74% (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.
Comment by Reviewer
	"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
Low minimum deposit Good execution speed Full range of instruments Strong regulation Demo account	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
No copy trading Few payment methods No MetaTrader 4 integration	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 Broker for Beginners 2022 - Investopedia Best Online Broker Awards Best Online Broker for Stock Trading Platform and Research 2022 - NerdWallet's Best-Of Awards #1 Platform & Tools, #1 Active Trading, #1 Options Trading, #1 Customer Service, and #1 Phone Support 2022 - StockBrokers.com Online Broker Review	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, Futures, E-minis, Options, Forex, Crypto, ETFs, Volatility Index	CFDs, Spread Betting, Indices, Forex, Commodities, Stocks, ETFs, Treasuries, Custom Indices
Demo Account
Yes	Yes
Minimum Deposit
$0	$0
Payment Methods
ACH Transfer Automated Customer Account Transfer Service Cheque TransferWise Wire Transfer	Credit Card Debit Card Mastercard PayPal Visa Wire Transfer
Minimum Trade
None	0.01 Lots
Regulator
SEC, FINRA, CFTC	FCA, MAS, ASIC, IIROC, CIRO
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
Yes	No
eSignal
Yes	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
Yes	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
Yes - Auto trading available via bots	Yes (via MT4)
Copy Trading
No	No
Social Trading
No	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
None	$10
Islamic Account
No	Yes
Account Currencies
USD	USD EUR GBP AUD SEK PLN
Stock Exchanges
Dow Jones Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 Toronto Stock 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
Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Platinum 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
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
FTSE Spread
	1 pt
GBPUSD Spread
	0.9
Oil Spread
	2.5
Stocks Spread
	10% Var
Forex Trading
Trade 75+ major and minor currency pairs with floating spreads.	CMC Markets offers an extensive list of 330+ forex pairs with tight spreads and ultra-fast executions. The selection of currencies is significantly wider than rivals.
Forex App
TD Ameritrade offers currency trading via Android and iOS mobile and tablet apps. Users can speculate on over 75 currency pairs with low fees and advanced trading tools. Deposit funds and manage accounts in a few clicks.	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
Variable	0.9
EURUSD Spread
Variable	0.7
EURGBP Spread
Variable	1.1
Assets
75+	330+
Currency Indices
	USD EUR GBP JPY CAD AUD NZD CHF
Cryptocurrency
Invest in cryptocurrency via OTC Trusts, ETFs, mutual funds and Bitcoin futures	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
Commission fees apply	from 1.3
Coins
BTC ETH MBT MET	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. 74% (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.
More Comparisons
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