eToro vs CMC Markets – Compare The Two Brokers


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 Markets Logo
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.
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comparison etoro logo
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.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

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 eToro67% 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), ETF (real and 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 ✔️ Yes ✔️
184
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 –  67% 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 –  67% 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 ✔️ Yes ✔️
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.

comparison etoro logo

eToro

  • 0% commission on stocks and ETFs
  • Best Copy Trading Platform
  • 2000+ Assets To Trade
  • Safe & Regulated by Top-tier authorities

Open Free Account

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.

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eToro vs CMC Markets – Compare The Two Brokers
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