easyMarkets vs CMC Markets, 2024 Update
easyMarkets Rating
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CMC Markets Rating
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73% of retail CFD accounts lose money with this provider. |
Losses can exceed deposits |
easyMarkets vs CMC Markets Guide |
Read our In-Depth easyMarkets vs CMC Markets Review - Updated for 2024
This comprehensive analysis of easyMarkets and CMC Markets has been refreshed for 2024 by knowledgeable insiders with years of expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs CMC Markets does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
CMC Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare easyMarkets vs CMC Markets
All trading platforms feature certain pros and cons, so a complete analysis of easyMarkets vs CMC Markets would not be complete without adopting an objective perspective.
Examine easyMarkets and CMC Markets in order to understand just how these platforms line up against one another before you create an account. A side-by-side comparison helps to put things into perspective so that you are informed about what to expect.
So you are looking for an online trading platform and are choosing between easyMarkets or CMC Markets. Who should you choose?
This easyMarkets vs CMC Markets comparison contains the most recent information so you can easily compare CMC Markets against easyMarkets.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all the concepts of broker as you continue trading. For starters, you have to select the ideal agent who will be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. easyMarkets and CMC Markets are two such trading platforms that will take you and your investment into great heights. It's crucial that you compare easyMarkets vs CMC Markets before you trust them with your cash.
Our easyMarkets vs CMC Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and CMC Markets side by side.
Our full easyMarkets vs CMC Markets Review covers all you need to learn about trading using either easyMarkets or CMC Markets. A good agent can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you choose them. It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
easyMarkets and CMC Markets are both brokers which have forged their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important aspects of both easyMarkets and CMC Markets. This review can help you to know whether either CMC Markets or easyMarkets is a fantastic match for your investments or not. We've attempted to breakdown all the features and fees for your advantage.
Benefits of easyMarkets and CMC Markets Compared
easyMarkets has a minimum deposit of $100 while CMC Markets has a $200 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and CMC Markets compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets has around 200 financial instruments while CMC Markets has around 200 on their platform.
The more instruments you can trade on the easyMarkets and CMC Markets platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of easyMarkets or CMC Markets.
easyMarkets and CMC Markets Contact Details
Being able to contact an online trading platform easily is important. easyMarkets and CMC Markets have the following contact details and social medias that you can use.
Broker | easyMarkets | CMC Markets |
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Telephone Number | +357 25 828 899 | |
support@easymarkets.com | ||
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | |
easyMarkets Twitter Account | CMC Markets Twitter Account | |
easyMarkets Facebook Page | CMC Markets Facebook Page | |
easyMarkets Instagram Account | CMC Markets Instagram Account | |
easyMarkets LinkedIn Page | CMC Markets LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | CMC Markets YouTube Channel |
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CMC Markets and easyMarkets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of easyMarkets and CMC Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
easyMarkets vs CMC Markets - Awards
Broker | easyMarkets | CMC Markets |
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Awards |
easyMarkets have won numerous industry awards over the years they have been operating as a financial broker. We show the most recognised awards for easyMarkets here.
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At the time of writing this CMC Markets review, and despite CMC Markets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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easyMarkets vs CMC Markets - Frequently Asked Questions
easyMarkets vs CMC Markets - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
CMC Markets was founded in 1989 and has its head office in UK.
What is the minimum deposit for CMC Markets or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for CMC Markets is $200.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and CMC Markets are a good option.
easyMarkets vs CMC Markets - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
CMC Markets is regulated by Financial Conduct Authority (FCA).
Both easyMarkets and CMC Markets have a powerful set of rules for ensuring fair trading onto their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare easyMarkets vs CMC Markets Commission And Fees
easyMarkets and CMC Markets are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker is not necessarily influenced by the amount of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are mainly 3 types of fees for this purpose.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are spending a spread, funding speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight rates are people that are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake on your account. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither easyMarkets or CMC Markets charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by easyMarkets and CMC Markets are relatively greater. As a result, you're billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These are not about the purchase and sale of resources.
This easyMarkets vs CMC Markets review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And CMC Markets
What Languages Do easyMarkets And CMC Markets Support?
Being able to talk easily with your trading broker is a key way of comparing online brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Here you will find all the languages that both easyMarkets and CMC Markets offer communication in.
How Many Clients Do easyMarkets and CMC Markets Have?
Both easyMarkets and CMC Markets are well known and trusted. It is really important to work with an online broker that is professional and one of the most simple ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many clients easyMarkets and CMC Markets are working with
Broker | easyMarkets | CMC Markets |
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Clients / Users | 142,500+ | 10,000+ |
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What Payment Methods Do easyMarkets and CMC Markets Accept?
easyMarkets and CMC Markets both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and CMC Markets
What Can You Trade With easyMarkets and CMC Markets?
easyMarkets offers 200 trading instruments and CMC Markets offers 100.
Below you will find a full breakdown of what both easyMarkets and CMC Markets offer.
easyMarkets Review
easyMarkets vs CMC Markets:
Table Of Contents
- Compare easyMarkets vs CMC Markets
- Benefits of easyMarkets and CMC Markets Compared
- CMC Markets and easyMarkets Mobile App Comparison
- easyMarkets vs CMC Markets - Awards
- easyMarkets vs CMC Markets - Frequently Asked Questions
- What is the minimum deposit for CMC Markets or easyMarkets
- easyMarkets vs CMC Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And CMC Markets
- What Languages Do easyMarkets And CMC Markets Support?
- How Many Clients Do easyMarkets and CMC Markets Have?
- What Payment Methods Do easyMarkets and CMC Markets Accept?
- What Can You Trade With easyMarkets and CMC Markets?