Comparison CMC Markets vs DEGIRO
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares CMC Markets vs DEGIRO. Is CMC Markets or DEGIRO a better online broker?
First of all, we’ll compare the commission fees of the two brokers. CMC Markets has a commission fee of 0.08% commission, and DEGIRO has a commission fee of 4. Now, let’s compare commission fees in Forex, the commission fee of CMC Markets is from 0.7 pips, and the commission fee of DEGIRO is 5. We can also analyze commission fees for trading CFD: they are 0.08% commission in CMC Markets vs 4 in DEGIRO. And for summarizing a complete picture, we should see trading in the metal market, where these brikers provide the following commissions: from 0.3 pips and - for CMC Markets and DEGIRO, respectively. You can read more detailed information on commission fees in the online broker reviews.
Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are CMC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, and DEGIRO provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading. Concerning the platforms, CMC Markets uses Web Platform, Android App, iOS App, while DEGIRO uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. CMC Markets was founded in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And DEGIRO was founded in 2013 in Netherlands, and it is regulated by AFM, DNB. We can withdraw funds from CMC Markets with the help of Bank Wire, and its withdrawal fee is free. And DEGIRO provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is 0. The withdrawal time for CMC Markets is 1 - 2 business days, and that one for DEGIRO is 1-2 business days.
As a result, the rating of CMC Markets is 4.8 stars versus that of DEGIRO of 4.1 stars.