Comparison CMC Markets vs Swissquote

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs Swissquote. Which of them: CMC Markets or Swissquote a better online broker?

Firstly, let’s compare commission fees provided by these brokers for regular transactions. The commission fee of CMC Markets on regular transactions of the stock exchange is 0.08% commission, and Swissquote has a commission fee of from £15. Now, let’s compare commission fees in Forex, the commission fee of CMC Markets is from 0.7 pips, and the commission fee of Swissquote is average spread of 1.3 pips. We can also analyze commission fees for trading CFD: they are 0.08% commission in CMC Markets vs from 0.06% in Swissquote. For a more complete picture, let’s consider trading in the metal market, where CMC Markets and Swissquote have commission fees of from 0.3 pips and £1 per contract (Minimum £5), 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, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor are provided by Swissquote. Concerning the platforms, CMC Markets uses Web Platform, Android App, iOS App, while Swissquote uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.

Finally, by comparing the two online brokers, we want to pay attention to the year and country of establishing, the regulatory authorities and the possibility of withdrawing funds. CMC Markets was established in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And Swissquote was established in Switzerland in 1996, and it is regulated by FCA, FINMA, DFSA, MAS, SFC. We can withdraw funds from CMC Markets with the help of Bank Wire, and its withdrawal fee is free. And Swissquote provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is depends on account type. The time for withdrawal in CMC Markets is 1 - 2 business days, and that one in Swissquote is 1-2 working days.

As a result, the rating of CMC Markets is 4.8 stars versus that of Swissquote of 4 stars.