Comparison CMC Markets vs eToro

The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares CMC Markets vs eToro. Is CMC Markets or eToro 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 eToro has a commission fee of 0.09% spread per side. For trading in Forex, the commission fee of CMC Markets is from 0.7 pips, while the commission fee of eToro is from 3 pips. When analyzing commission fees in CFD: CMC Markets provides 0.08% commission, and eToro provides from 0.09%. For a more complete picture, let’s consider trading in the metal market, where CMC Markets and eToro have commission fees of from 0.3 pips and from 2 pips, respectively. You can read more detailed information on commission fees in the online broker reviews.

It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading are provided to customers by CMC Markets and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by eToro. As for platforms, CMC Markets offers Web Platform, Android App, iOS App, while eToro offers 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 established in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And eToro was established in 2007 in Cyprus, and it is regulated by CySEC, FCA, ASIC. Withdrawal of funds from CMC Markets can be done using Bank Wire with a withdrawal fee of free. And eToro provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $25. The withdrawal time for CMC Markets is 1 - 2 business days, and that one for eToro is within 1 business day.

As a result, the rating of CMC Markets is 4.8 stars versus that of eToro of 4.5 stars.