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Comparison CMC Markets vs Interactive Brokers

A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare CMC Markets vs Interactive Brokers. Which of them: CMC Markets or Interactive Brokers a better online broker?

First of all, we’ll compare the commission fees of the two brokers. CMC Markets has a commission fee of 0.08% commission, and Interactive Brokers has a commission fee of $0.005. For trading in Forex, the commission fee of CMC Markets is from 0.7 pips, while the commission fee of Interactive Brokers is 0.20 basis points. For a more complete picture, let’s consider trading in the metal market, where CMC Markets and Interactive Brokers have commission fees of from 0.3 pips and 0.15 basis points, respectively. The full online broker reviews contains more detailed information on the brokers’ commission fees.

Investors should always know about types of online trading supported by broker and about tools provided by them in trading. It is very important information as well. Let’s compare them. are CMC Markets provides customers with Stocks Trading, ETFs Trading, Forex Trading, and Interactive Brokers provides customers with Stocks Trading, Penny Stocks Trading, Options Trading, ETFs Trading, Mutual Funds Trading, Bonds Trading, Forex Trading, Futures Trading, Crypto Trading, Robo Advisor. As for platforms, CMC Markets offers Web Platform, Android App, iOS App, while Interactive Brokers offers Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, Android App, iOS App.

In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. CMC Markets was founded in 1987 in United Kingdom, and it is regulated by FCA, ASIC, CFTC. And Interactive Brokers was founded in 1978 in United States, and it is regulated by NYSE, FINRA, SIPC. Withdrawal of funds from CMC Markets can be done using Bank Wire with a withdrawal fee of free. And Interactive Brokers provides the ability to withdraw funds using Bank Wire, Visa/Mastercard with a withdrawal fee of $0. The time for withdrawal in CMC Markets is 1 - 2 business days, and that one in Interactive Brokers is 3-5 days.

As a result, the rating of CMC Markets is 4.8 stars versus that of Interactive Brokers of 4.1 stars.

Overall Rating

 
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
 
CMC Markets
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education
Interactive Brokers
Overall
Products & Fees
Security
Tools
Desktop Experience
Mobile Experience
Banking
Customer Support
Education

Fees

Fees
Stock
ETFs
Options
Mutual Funds
Bonds
Forex Spreads
CFDs
Futures
Metals
Cryptocurrency
CMC Markets
Stock
0.08% commission
ETFs
0.08% commission
Options
N/A
Mutual Funds
N/A
Bonds
N/A
Forex Spreads
From 0.7 pips
CFDs
0.08% commission
Futures
N/A
Metals
From 0.3 pips
Cryptocurrency
N/A
Interactive Brokers
Stock
$0.005
ETFs
$0
Options
$0 + $0.70 per contract
Mutual Funds
$14.95
Bonds
0.1% of face value
Forex Spreads
0.20 basis points
CFDs
N/A
Futures
$0.85 per contract
Metals
0.15 basis points
Cryptocurrency
$5 per contract

Types of trading

Types of trading
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
CMC Markets
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor
Interactive Brokers
Stocks Trading
Penny Stocks Trading
Options Trading
ETFs Trading
Mutual Funds Trading
Bonds Trading
Forex Trading
Futures Trading
Crypto Trading
Robo Advisor

Platforms

Platforms
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
CMC Markets
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform
Interactive Brokers
Desktop Platform (Windows)
Desktop Platform (MacOS)
Web Platform

Tools

Tools
Research & Analysis
Social trading
Education
Demo account
CMC Markets
Research & Analysis
Social trading
Education
Demo account
Interactive Brokers
Research & Analysis
Social trading
Education
Demo account

Mobile App

Mobile App
Android App
iOS App
CMC Markets
Android App
iOS App
Interactive Brokers
Android App
iOS App

Deposits

Deposits
Minimum deposit
Bank Wire
Visa/Mastercard
CMC Markets
Minimum deposit
$0
Bank Wire
Visa/Mastercard
Interactive Brokers
Minimum deposit
$0
Bank Wire
Visa/Mastercard

Withdrawals

Withdrawals
Bank Wire
Visa/Mastercard
Withdrawal Time
Withdrawal Fee
CMC Markets
Bank Wire
Visa/Mastercard
Withdrawal Time
1 - 2 business days
Withdrawal Fee
Free
Interactive Brokers
Bank Wire
Visa/Mastercard
Withdrawal Time
3-5 days
Withdrawal Fee
$0

Security & Fairness

Security & Fairness
Сountry of Origin
Year Founded
Regulated By
CMC Markets
Сountry of Origin
United Kingdom
Year Founded
1987
Regulated By
FCA, ASIC, CFTC
Interactive Brokers
Сountry of Origin
United States
Year Founded
1978
Regulated By
NYSE, FINRA, SIPC

Customer Service

Customer Service
Phone
Email
Live Chat
 
CMC Markets
Phone
1 866 884 2608
Email
support@cmcmarkets.com
Live Chat
Yes
Interactive Brokers
Phone
1 (877) 442-2757
Email
Email form
Live Chat
Yes

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