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CMC Markets vs AvaTrade 2020

Is AvaTrade better than CMC Markets? After assessing the best forex brokers on over 100 different variables, CMC Markets is better than AvaTrade. Through its offices regulated in major global financial centers, CMC Markets offers traders a wide range of financial products with excellent pricing and its Next Generation trading platform, which is packed with innovative trading tools and charting.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Overall Rating

Feature CMC Markets AvaTrade
Overall 5 3.5
CMC Markets Review AvaTrade Review
70.5% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature CMC Markets AvaTrade
Trust Score 99 91
Year Founded
1989 2006
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
4 3
Tier-2 Licenses
2 1
Tier-3 Licenses
0 2
Authorised in the European Union
Yes Yes

Tier-1 Licenses

Feature CMC Markets AvaTrade
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
Yes Yes
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No Yes
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes No
CFTC Registered (USA)
No No

Investments

Feature CMC Markets AvaTrade
Forex: Spot Trading
Yes Yes
Social Trading / Copy-Trading
Yes Yes
Currency Pairs (Total Forex pairs)
180 60
CFDs - Total Offered
9848 681
Cryptocurrency traded as actual
No No
Cryptocurrency traded as CFD
Yes Yes
Offering of Investments 5 3.5
Winner check_circle

Cost

Feature CMC Markets AvaTrade
Average Spread EUR/USD - Standard
0.81 (as of Oct 19) 0.92 (Dec 19)
All-in Cost EUR/USD - Active
0.81 (as of Oct 19) 0.62 (Dec 19)
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 5 4
Winner check_circle

Funding

Feature CMC Markets AvaTrade
Minimum Initial Deposit
$0.00 $100.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature CMC Markets AvaTrade
Proprietary Platform
Yes Yes
Desktop Platform (Windows)
Yes Yes
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
No Yes
cTrader
No No

Trading Tools

Feature CMC Markets AvaTrade
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
8 7
Charting - Indicators / Studies (Total)
79 51
Charting - Drawing Tools (Total)
24 31
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes
Platform & Tools 5 3.5
Winner check_circle

Mobile Trading

Feature CMC Markets AvaTrade
Android App
Yes Yes
Apple iOS App
Yes Yes
Trading - Forex
Yes Yes
Trading - CFDs
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
23 30
Charting - Draw Trend Lines
Yes Yes
Charting - Trend Lines Moveable
Yes Yes
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4.5 3
Winner check_circle

Research

Feature CMC Markets AvaTrade
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
Yes No
AutoChartist
No Yes
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 5 3.5
Winner check_circle

Education

Feature CMC Markets AvaTrade
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes No
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes Yes
Investor Dictionary (Glossary)
Yes Yes
Education 4 4
Winner check_circle

Major Forex Pairs

Feature CMC Markets AvaTrade
GBP/USD
Yes Yes
USD/JPY
Yes Yes
EUR/USD
Yes Yes
USD/CHF
Yes Yes
USD/CAD
Yes Yes
NZD/USD
Yes Yes
AUD/USD
Yes Yes

Overall

Feature CMC Markets AvaTrade
CMC Markets Review AvaTrade Review
Overall 5 3.5
Winner check_circle
After spending several months and hundreds of hours researching 30 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 3,180 data points. For this review, we will compare AvaTrade vs CMC Markets.

To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. CMC Markets's score is 5 stars versus AvaTrade's 4 stars.

Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. AvaTrade and CMC Markets both are regulated in a major hub. CMC Markets is a publicly traded company, AvaTrade isn't. As far as how many currency pairs are available for trading, here's the answer. AvaTrade trails CMC Markets by 120 total currency pairs (for example, EUR/USD), with CMC Markets offering 180 and AvaTrade offering 60.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Both AvaTrade and CMC Markets offer Meta Trader. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. AvaTrade boasts an offering of 31 charting tools compared to CMC Markets's 24 available charting tools. AvaTrade trails CMC Markets by 28 total different indicators (for example, moving averages), with CMC Markets offering 79 and AvaTrade offering 51.

AvaTrade Review
CMC Markets Review


Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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