Comparison CMC Markets vs Webull
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs Webull. Which of them: CMC Markets or Webull 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 Webull has a commission fee of commission Free. Now, let’s compare commission fees in Forex, the commission fee of CMC Markets is from 0.7 pips, and the commission fee of Webull is n/A. When analyzing commission fees in CFD: CMC Markets provides 0.08% commission, and Webull provides n/A. 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 n/A for CMC Markets and Webull, 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 Webull provides customers with Stocks Trading, ETFs Trading. As for platforms, CMC Markets offers Web Platform, Android App, iOS App, while Webull 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 Webull was established in 2017 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 Webull provides the ability to withdraw funds with the help of Bank Wire, and its withdrawal fee is $45 (International Wire). The time for withdrawal in CMC Markets is 1 - 2 business days, and that one in Webull is 2 business days.
As a result, the rating of CMC Markets is 4.8 stars versus that of Webull of 4.1 stars.