Comparison CMC Markets vs TradeStation
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs TradeStation. Which of them: CMC Markets or TradeStation a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of CMC Markets on regular transactions of the stock exchange is 0.08% commission, and TradeStation has a commission fee of 4. When analyzing commission fees in CFD: CMC Markets provides 0.08% commission, and TradeStation provides 4. For a more complete picture, let’s consider trading in the metal market, where CMC Markets and TradeStation have commission fees of from 0.3 pips and 4, 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, Futures Trading, Crypto Trading are provided by TradeStation. Concerning the platforms, CMC Markets uses Web Platform, Android App, iOS App, while TradeStation uses 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 TradeStation was established in 1982 in United States, 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 TradeStation provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $35 for US domestic withdrawals. The withdrawal time for CMC Markets is 1 - 2 business days, and that one for TradeStation is 3-5 business days.
Overall, CMC Markets boasts 4.8 stars versus TradeStation 3.8 stars.