Comparison CMC Markets vs TD Ameritrade
The InvestorGreg.net broker comparisons assess over a dozen different brokers, finding the best online trading brokers. This comparison page compares CMC Markets vs TD Ameritrade. Is CMC Markets or TD Ameritrade a better online broker?
Firstly, let’s compare commission fees provided by these brokers for regular transactions. CMC Markets has a commission fee of 0.08% commission, and TD Ameritrade has a commission fee of $6.95. Now, let’s compare commission fees in Forex, the commission fee of CMC Markets is from 0.7 pips, and the commission fee of TD Ameritrade is $0.10 per 1,000 units. The full online broker reviews contains more detailed information on the brokers’ commission fees.
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 TD Ameritrade provides customers with Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading. As for platforms, CMC Markets offers Web Platform, Android App, iOS App, while TD Ameritrade offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, 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 TD Ameritrade was established in 1975 in USA, and it is regulated by SEC, FINRA. We can withdraw funds from CMC Markets with the help of Bank Wire, and its withdrawal fee is free. And TD Ameritrade provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is free. The withdrawal time for CMC Markets is 1 - 2 business days, and that one for TD Ameritrade is one Business Day.
As a result, the rating of CMC Markets is 4.8 stars versus that of TD Ameritrade of 4.5 stars.