Are you confused about whether to choose CMC Markets vs AvaTrade as a broker for your investing needs?
In this side-by-side comparison, we analyse CMC Markets vs AvaTrade to help you understand how these apps compare on some of the most common features and make a better-informed decision about the best broker for you.
Below, you’ll find the pros and cons of each broker, as well as a comparison table that features the different fees charged, the financial instruments supported, the regulation, and more. Keep reading!
CMC Markets vs AvaTrade: In a Nutshell
CFDs and spread betting
CMC Markets (CMC) is a well-established, publicly traded on the London Stock Exchange (LSE), and highly regarded UK forex and CFD broker.
At the core of CMC Markets’ offerings is its advanced trading platform called “Next Generation”, which provides traders with powerful tools and features to execute trades efficiently.
CMC Markets offers a wide array of financial instruments, both CFDs and spread betting, across several different asset classes (shares, indices, commodities, forex, and cryptocurrencies).
CFD traders
AvaTrade is a well-established online broker known for its competitive spreads, reliable execution, and comprehensive educational resources.
The broker also provides access to a range of powerful trading tools and platforms, including the popular MetaTrader 4 and AvaTradeGO.
AvaTrade stands out for its customer-centric approach, offering dedicated multilingual support through various channels, including phone, email, and live chat.
Pros and Cons
CMC Markets
Pros
- Listed in the London Stock Exchange (higher financials transparency)
- Spread betting (Ireland and UK only)
- High track record (since 1989)
- Valuable educaiton tools
- Good customer service
- No minimum deposit
Cons
- Doesn't accept US residents
- High CFD spreads for some stocks and indices
- Limited funding methods
- No offer of real stocks and ETFs, options and bonds: only available through "CMC Invest"
AvaTrade
Pros
- Wide range of CFD products
- 0% commissions and low spreads
- Good trading platforms (web and mobile)
- Great Educational Tools
- Social trading (AvaSocial)
Cons
- Average forex fees
- High inactivity fees
- No real stocks or ETFs
CMC Markets vs AvaTrade: Side-by-side Comparison
- General Information
- Founded in
- Demo Account
- Account Minimum
- Interest on unninvested cash (annually)
- Products
- Stocks
- ETFs
- Bonds
- Funds
- Options
- Futures
- CFDs
- Leverage Products
- Forex
- Cryptocurrencies
- Commodities
- Fees
- US stocks
- EU stocks
- ETFs
- Cryptocurrencies
- Custody Fee
- Inactivity Fee
- Withdrawal Fee
- Connectivity Fee
- Currency Conversion Fee
- Security
- Regulators
- Investor Compensation Scheme(per person, per institution)
Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.
