Is AvaTrade better than CMC Markets? In our analysis of 23 international regulators across 50 brokers, AvaTrade is considered low-risk, with an overall Trust Score of 93 out of 99. CMC Markets is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.
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CMC Markets vs AvaTrade 2021
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 | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 93 |
| CMC Markets Review | AvaTrade Review | |
| 72% of retail CFD accounts lose money | 71% of retail CFD accounts lose money |
Regulation
| Feature | CMC Markets | AvaTrade |
| Trust Score | 99 | 93 |
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Year Founded |
1989 | 2006 |
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Publicly Traded (Listed) |
Yes | No |
|
Bank |
No | No |
|
Tier-1 Licenses |
4 | 3 |
|
Tier-2 Licenses |
2 | 4 |
|
Tier-3 Licenses |
0 | 1 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | CMC Markets | AvaTrade |
|
ASIC Authorised (Australia) |
Yes | Yes |
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IIROC Authorised (Canada) |
Yes | Yes |
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SFC Authorised (Hong Kong) |
No | No |
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FSA Authorised (Japan) |
No | Yes |
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MAS Authorised (Singapore) |
Yes | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
Yes | No |
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CFTC Registered (USA) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | CMC Markets | AvaTrade |
|
CBRC Authorised (China) |
No | No |
|
CySEC Authorised (Cyprus) |
No | Yes |
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CBI Authorised (Ireland) |
No | Yes |
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ISA Authorised (Israel) |
No | No |
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FMA Authorised (New Zealand) |
Yes | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | Yes |
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SEC Authorised (Thailand) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | CMC Markets | AvaTrade |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
| BMA Authorised (Bermuda) | No | No |
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FSC Authorised (British Virgin Islands) |
No | Yes |
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FSC Authorised (Mauritius) |
No | No |
Investments
| Feature | CMC Markets | AvaTrade |
|
Forex Trading |
Yes | Yes |
|
CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
11927 | 1260 |
|
Forex Pairs (Total) |
158 | 55 |
|
US Stock Trading (Non CFD) |
No | No |
|
Int'l Stock Trading (Non CFD) |
Yes | No |
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Cryptocurrency (Physical) |
No | No |
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Cryptocurrency (CFD) |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
Cost
| Feature | CMC Markets | AvaTrade |
|
Average Spread EUR/USD - Standard |
0.74 (August 2020) | 0.91 (August 2020) |
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All-in Cost EUR/USD - Active |
0.64 (August 2020) | 0.61 (August 2020) |
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Active Trader or VIP Discounts |
Yes | Yes |
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Execution: Agency Broker |
No | No |
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Execution: Market Maker |
Yes | Yes |
Funding
| Feature | CMC Markets | AvaTrade |
|
Minimum Deposit |
$0.00 | $100.00 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | Yes |
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Skrill (Deposit/Withdraw) |
No | Yes |
Trading Platforms
| Feature | CMC Markets | AvaTrade |
|
Proprietary Platform |
Yes | Yes |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
No | Yes |
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cTrader |
No | No |
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DupliTrade |
No | Yes |
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ZuluTrade |
No | Yes |
Trading Tools
| Feature | CMC Markets | AvaTrade |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
9 | 6 |
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Charting - Indicators / Studies (Total) |
86 | 90 |
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Charting - Drawing Tools (Total) |
40 | 13 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Order Type - Trailing Stop |
Yes | Yes |
Mobile Trading
| Feature | CMC Markets | AvaTrade |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watch List |
Yes | Yes |
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Watch List Syncing |
Yes | Yes |
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Charting - Indicators / Studies |
29 | 73 |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
Yes | Yes |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Forex Calendar |
Yes | Yes |
Research
| Feature | CMC Markets | AvaTrade |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
Yes | No |
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Autochartist |
Yes | No |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | Yes |
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Economic Calendar |
Yes | Yes |
Education
| Feature | CMC Markets | AvaTrade |
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Has Education - Forex or CFDs |
Yes | Yes |
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Client Webinars |
Yes | Yes |
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Client Webinars (Archived) |
Yes | Yes |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | Yes |
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Investor Dictionary (Glossary) |
Yes | Yes |
Major Forex Pairs
| Feature | CMC Markets | AvaTrade |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | CMC Markets | AvaTrade |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 93 |
| CMC Markets Review | AvaTrade Review |
Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs CMC Markets.
Does AvaTrade or CMC Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, CMC Markets offers better pricing overall for traders.
Is AvaTrade or CMC Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. CMC Markets holds 4 global Tier-1 licenses, while AvaTrade holds 3. AvaTrade holds 4 global Tier-2 licenses, while CMC Markets holds 2. In our analysis of 23 international regulators across 50 brokers, CMC Markets earned a higher Trust Score than AvaTrade.
Which trading platform is better: AvaTrade or CMC Markets?
To compare the trading platforms of both AvaTrade and CMC Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. AvaTrade and CMC Markets both offer copy trading. Both AvaTrade and CMC Markets offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
CMC Markets provides traders 158 currency pairs (e.g., EUR/USD) compared to AvaTrade's 55 available pairs. Forex pairs aside, CMC Markets offers traders access to 11927 CFDs while AvaTrade has 1260 available CFDs, a difference of 10,667.
Can I trust AvaTrade?
AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and one tier-3 regulator (low trust). AvaTrade is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Investment Industry Regulatory Organization of Canada (IIROC).
Can I trust CMC Markets?
CMC Markets is publicly traded, does not operate a bank, and is authorised by four tier-1 regulators (high trust), two tier-2 regulator (average trust), and zero tier-3 regulators (low trust). CMC Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Investment Industry Regulatory Organization of Canada (IIROC), Monetary Authority of Singapore (MAS), and the Financial Conduct Authority (FCA).
Is AvaTrade good?
AvaTrade is a trusted global brand best known for offering traders an extensive selection of trading platform options. Our testing found AvaTrade to be great for copy trading, competitive for mobile, mostly in line with the industry average for pricing and research, and a winner for investor education.
Is CMC Markets good?
CMC Markets is a globally trusted broker that delivers a terrific offering for traders thanks to excellent pricing, nearly 10,000 tradeable instruments, and the Next Generation trading platform, which comes packed with quality research, innovative trading tools, and powerful charting.
Overall winner: CMC Markets
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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 website as of 12/14/2020 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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