AvaTrade vs CMC Markets UK Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of AvaTrade and CMC Markets UK
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Rating | 4.7/5 | 4.3/5 |
| Foundation Year | 2005 | 1988 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0.2 points |
| Max Leverage | 1:400 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | CMC Markets UK Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
Broker CMC Markets is suitable for all traders thanks to its reliability, low commissions, and excellent trading platform.
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade is in the top 10 of the following ratings:
CMC Markets UK Review
CMC Markets UK PLC has been a reliable CFD and Forex broker in the business for a long time. Top-tier financial authorities regulate the company, offers an excellent trading platform, and has low commission fees.
We believe it is an excellent choice for beginners and experienced traders. CMC Markets is a good option if you are looking for a trustworthy and reputable broker with extensive experience.
Pros and Cons of CMC Markets UK
Pros
- Low trading fees.
- Wide range of markets and products.
- Access to the popular MetaTrader 4 and CMC Markets platforms.
- Extensive analytical materials.
- Comprehensive educational materials.
Cons
- Limited account options.
- Inactivity fee.
- No online chat.
CMC Markets UK is in the top 10 of the following ratings:
Reliability
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2005 | 1988 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | United Kingdom, Germany, Canada, Australia, New Zealand, Singapore, United Arab Emirates |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | FCA FCA BaFin BaFin FMA FMA KNF KNF FSAN FSAN CNMV CNMV CIRO CIRO ASIC ASIC NZ FMA NZ FMA MAS MAS DFSA DFSA |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
CMC Markets UK
CMC Markets demonstrates a high level of regulation and protection of client funds.
Pros
- Regulation in multiple countries.
- Adherence to CASS rules to protect client funds.
- Compensation through FSCS in case of financial problems.
Account Opening
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
CMC Markets UK
The account opening process is standard but has some limitations.
Pros
- No minimum deposit requirement.
- Clear and transparent registration process.
Cons
- Requirement to provide extensive information.
Account Types
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Account Types | 3.5/5 | 2.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0.2 points |
| Max Leverage | 1:400 | 1:30 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
CMC Markets UK
Accounts meet basic needs but do not offer a wide selection.
Pros
- Availability of a demo account.
- Specialized account for professional traders (CMC Pro).
- Availability of a spread betting.
Cons
- No cent or Islamic accounts.
- No accounts with fixed spreads.
- No investment accounts (PAMM, copy trading).
Commissions
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Commissions | 4.5/5 | 4.7/5 |
| Spread | from 0.6 points | from 0.2 points |
| Average Spread (EURUSD) | 0.9 | 0.7 |
| Commission per Lot |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
CMC Markets UK
The broker offers competitive spreads and does not charge fees for depositing/withdrawing.
Pros
- No deposit or withdrawal fees.
- Competitive spreads and swaps.
- Discounts on trading commissions.
Cons
- Monthly inactivity fee.
Deposit and Withdrawal
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Rating | 4.2/5 | 4/5 |
| Account Funding Methods |
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AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
CMC Markets UK
The broker offers flexibility and transparency in transactions.
Pros
- No fees for deposits or withdrawals.
- Fast processing of withdrawal requests.
Cons
- Some competitors offer more payment methods.
Markets and Products
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Markets and Products | 5/5 | 4.4/5 |
| Forex | 53 | 336 |
| Precious Metals | 7 | 19 |
| Energy Carriers | 5 | 45 |
| Soft Commodities | 7 | 58 |
| Indices | 46 | 99 |
| Stocks | 614 | 10099 |
| ETF | 61 | 1200 |
| Bonds | 2 | 71 |
| Cryptocurrency | 20 | - |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
CMC Markets UK
CMC Markets offers various trading instruments for multiple markets but with limited maximum leverage.
Trading Platforms
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Trading Platforms |
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AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
CMC Markets UK
The broker provides two powerful and flexible trading platforms.
Pros
- Availability of the popular MetaTrader 4 platform.
- Proprietary platform with extensive functionality and customization options.
Cons
- The proprietary platform may be complex for beginners.
- Lack of MetaTrader 5 platform.
Analytics
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
CMC Markets UK
The broker offers extensive analytical resources that assist traders in decision-making.
Pros
- Comprehensive commentary and forecasts from experts.
- Technical and fundamental analysis.
- News from Reuters and economic calendar.
Education
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Rating | 5/5 | 5/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
CMC Markets UK
The broker offers extensive and quality educational resources for traders of all levels.
Pros
- A wide range of educational forms: seminars, webinars, video conferences, courses.
- Classes conducted by leading traders and guest experts.
- Most materials are available for free to company clients.
Customer Support
| Broker | AvaTrade | CMC Markets UK |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
YouTube
Instagram
Twitter
LinkedIn
TelegramAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
CMC Markets UK
CMC Markets provides quality technical support operating 24/5, with prompt and professional responses.
Pros
- Support available 24/5.
- Prompt and professional responses.
Cons
- Lack of online chat for instant communication.
