Are you confused about whether to choose CMC Markets vs TradeStation as a broker for your investing needs?
In this side-by-side comparison, we analyse CMC Markets vs TradeStation 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 TradeStation: 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).
US investors looking for commission-free trades
TradeStation is a comprehensive online brokerage platform designed for active traders and investors, giving you a wide range of tradable assets (stocks, ETFs, options, futures, and forex),
One of the standout features of TradeStation is its robust trading technology. The platform provides access to real-time market data, customizable charting tools, and advanced order execution options.
The platform offers a wide range of educational resources, including webinars, tutorials, and a vibrant online community where traders can exchange ideas and insights.
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"
TradeStation
Pros
- 0% commissions on stocks and ETFs
- Low commission on options trading
- Good research and education tools
- Sophisticated trading platforms
Cons
- Minimum deposit of $500
- High fees on withdrawal
- Weak customer support
CMC Markets vs TradeStation: 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.
