We will compare eToro to CMC Markets on this page. This comparison goes over the pros and cons of both CMC Markets and eToro.
| CMC Markets | eToro |
|---|---|
CMC founded in 1989 is based in the UK and provides clients with online trading, including shares, spread betting, CFDs, and Forex. CMC Markets is headquartered in London with offices in Singapore and Sydney. Read Full Review |
eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions. Read Full Review CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees.eToro USA LLC does not offer CFDs, only real Crypto assets available. |
| Year founded: | |
| 1989 | 2006 |
| Regulated by: | |
| ASIC, IIROC, FCA, MAS | FinCEN, FCA, MiFID, CySec, ASIC |
| Headquarters: | |
| London | London UK, Limassol Cyprus, Sydney Australia, USA |
| Is a Bank: | |
| No ❌ | No ❌ |
| Demo Account: | |
| Yes ✔️ | Yes ✔️ |
| Minimum Deposit: | |
| $0 | $50 – $10,000 |
| Minimum Trade: | |
| varies | $25 – $1,000 |
| Islamic Account: | |
| Yes ✔️ | Yes ✔️ |
| Social/Copy Trading: | |
| Yes ✔️ | Yes ✔️ |
| Spread Betting: | |
| Yes ✔️ | No ❌ |
| Excluded countries: | |
| CFD in the USA | 133 |
Types of Products And Markets Available
When comparing eToro to CMC Markets, eToro is the better choice, especially for traders looking to invest in real assets. CMC Markets only offers securities through CFDs, meaning you never own the underlying assets. eToro offers both real assets and CFDs, making it the better option.
Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider.
| CMC Markets | eToro |
|---|---|
| Markets Available: | |
| Stocks, Stock Index,
ETFs, Bond, Crypto, Forex, Commodities (Through CFD) |
Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD) |
| CFDs Total | |
| Yes ✔️ | Yes ✔️ 2386 |
| Forex Pairs | |
| Yes ✔️ | Yes ✔️ 49 |
| Stocks | |
| Yes ✔️ | Yes ✔️ 2106 |
| Cryptocurrencies | |
| Yes ✔️ | Yes ✔️ 16 |
| Commodities | |
| Yes ✔️ | Yes ✔️ 31 |
| ETFs | |
| Yes ✔️ | No |
| Options | |
| No ❌ | No ❌ |
| EFPs | |
| No ❌ | No ❌ |
| Mutual Funds | |
| No ❌ | No❌ |
| Robo Portfolios | |
| No ❌ | No ❌ |
Trading Platforms
When it comes to trading platforms, it depends whether you need advanced features or not. CMC Markets offers their proprietary platform along with the popular MT4. eToro on the other hand, has a very well built proprietary platform that is easy to use and will suffice for most traders.
Visit eToro here – 68% of retail investor accounts lose money when trading CFDs with this provider
For advanced traders, CMC Markets is a better choice, while eToro is better for beginner to intermediate traders.
| CMC Markets | eToro |
|---|---|
| Proprietary Platform: | |
| Yes ✔️ | Yes ✔️ |
| Desktop Platform: | |
| Yes ✔️ | No ❌ |
| Mobile App: | |
| Yes ✔️ iOS, Android |
Yes ✔️ iOS, Android |
| Web Trading Platform: | |
| Yes ✔️ | Yes ✔️ |
| MetaTrader: | |
| Yes ✔️ | No |
| cTrader: | |
| No | No |
| Mirror Trader: | |
| No | No |
| Zulu Trade: | |
| No | No |
| Dupli Trade: | |
| No | No |
Fees
CMC Markets has better fees for Forex pairs, while eToro is a much better choice for stocks. CMC charges high CFD stock fees, while eToro has 0% commissions on stocks. Overall, we pick eToro as the winner.
Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider
| CMC Markets | eToro |
|---|---|
| Trading Fees: | |
| Yes Spread Varies |
Yes 0% Commission on stocks Spread Varies |
| Deposit Fees: | |
| No | No |
| Withdrawal Fees: | |
| $0 | $5 (Bank Transfer) $5 (Credit Cards, eWallets) |
| Overnight Funding: | |
| Yes | Yes |
| Inactivity Fee: | |
| Yes $15 |
Yes $10/month |
Customer Support
CMC Markets support is far more responsive and offers more languages. eToro is known for their slow response times and sub-optimal support.
| CMC Markets | eToro |
|---|---|
| eMail: | |
| Yes ✔️ | Yes ✔️ |
| Online Chat: | |
| Yes ✔️ | Yes ✔️ |
| Phone Support: | |
| Yes ✔️ | No |
| Languages: | |
| 20 | 15 |
Account Funding
When it comes to account funding eToro is the better option. They offer a smaller minimum deposit as well as more options to fund your account.
| CMC Markets | eToro |
|---|---|
| Deposit Methods: | |
| Credit card, Debit card, or Bank Transfer | Visa, MasterCard, Skrill, Diners Club, PayPal, WebMoney, Neteller, Yandex, Union Pay |
| Deposit Fee: | |
| No ❌ | No ❌ |
| Minimum Deposit: | |
| $0 | $50 – $10,000 |
Education
Comparing eToro to CMC Markets when it comes to education offered, CMC Markets has a slight edge. CMC Markets has great educational articles, webinars, a demo account, platform tutorials, and more. eToro doesn't offer such a comprehensive educational portal.
| CMC Markets | eToro |
|---|---|
| Video Tutorials: | |
| Yes ✔️ | Yes ✔️ |
| Webinars: | |
| Yes ✔️ | Yes ✔️ |
Verdict
Is eToro better than CMC Markets?
eToro is the perfect broker for beginner to intermediate investors, while CMC Markets is suitable for more advanced and professional traders.
eToro
- 0% commission on stocks
- Best Copy Trading Platform
- 2000+ Assets To Trade
- Safe & Regulated by Top-tier authorities
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.
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