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CMC Markets vs Swissquote 2021

Is CMC Markets better than Swissquote? In our analysis of 23 international regulators across 50 brokers, CMC Markets is considered low-risk, with an overall Trust Score of 99 out of 99. Swissquote is considered low-risk, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.


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.

Overall Rating

Feature CMC Markets Swissquote
Overall 5 4
Commissions & Fees 5 3.5
Offering of Investments 5 4.5
Platforms & Tools 5 4
Mobile Trading 5 4
Research 5 4
Education 4 3.5
Trust Score 99 99
CMC Markets Review Swissquote Review
69% of retail CFD accounts lose money 79% of retail CFD accounts lose money

Regulation

Feature CMC Markets Swissquote
Trust Score 99 99
Year Founded
1989 1996
Publicly Traded (Listed)
Yes Yes
Bank
No Yes
Tier-1 Licenses
4 4
Tier-2 Licenses
2 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

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

Tier-2 Licenses (Average Trust)

Feature CMC Markets Swissquote
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No No
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
Yes No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature CMC Markets Swissquote
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature CMC Markets Swissquote
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
9852 49
Forex Pairs (Total)
158 78
US Stock Trading (Non CFD)
No Yes
Int'l Stock Trading (Non CFD)
Yes Yes
Cryptocurrency (Physical)
No Yes
Cryptocurrency (CFD)
Yes No
Social Trading / Copy-Trading
Yes Yes

Cost

Feature CMC Markets Swissquote
Average Spread EUR/USD - Standard
0.74 (August 2020) N/A
All-in Cost EUR/USD - Active
0.64 (August 2020) N/A
Active Trader or VIP Discounts
Yes Yes
Execution: Agency Broker
No Yes
Execution: Market Maker
Yes Yes

Funding

Feature CMC Markets Swissquote
Minimum Deposit
$0.00 $1000.00
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 Swissquote
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
DupliTrade
No No
ZuluTrade
No No

Trading Tools

Feature CMC Markets Swissquote
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
9 7
Charting - Indicators / Studies (Total)
86 49
Charting - Drawing Tools (Total)
40 16
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
Yes Yes
Order Type - Trailing Stop
Yes Yes

Mobile Trading

Feature CMC Markets Swissquote
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes No
Watch List
Yes No
Watch List Syncing
Yes No
Charting - Indicators / Studies
29 30
Charting - Draw Trendlines
Yes No
Charting - Trendlines Moveable
Yes No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No

Research

Feature CMC Markets Swissquote
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes Yes
Weekly Webinars
Yes Yes
Autochartist
No Yes
Trading Central (Recognia)
Yes Yes
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes

Education

Feature CMC Markets Swissquote
Has Education - Forex or CFDs
Yes Yes
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes

Major Forex Pairs

Feature CMC Markets Swissquote
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 Swissquote
Overall 5 4
Commissions & Fees 5 3.5
Offering of Investments 5 4.5
Platforms & Tools 5 4
Mobile Trading 5 4
Research 5 4
Education 4 3.5
Trust Score 99 99
CMC Markets Review Swissquote 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 CMC Markets vs Swissquote.

Does CMC Markets or Swissquote 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 CMC Markets or Swissquote 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. Both CMC Markets and Swissquote hold 4 global Tier-1 licenses. CMC Markets holds 2 global Tier-2 licenses, while Swissquote holds 1. In our analysis of 23 international regulators across 50 brokers, CMC Markets and Swissquote earned the same Trust Score.

Which trading platform is better: CMC Markets or Swissquote?
To compare the trading platforms of both CMC Markets and Swissquote, 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. CMC Markets and Swissquote both offer copy trading. Both CMC Markets and Swissquote 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 Swissquote's 78 available pairs. Forex pairs aside, CMC Markets offers traders access to 9852 CFDs while Swissquote has 49 available CFDs, a difference of 9,803.

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).

Can I trust Swissquote?
Swissquote is a publicly traded company, operates a regulated bank, and is authorised by four tier-1 regulators (high trust), one tier-2 regulator (average trust), and no tier-3 regulators (low trust). Swissquote is authorised by the following tier-1 regulators: Securities Futures Commission (SFC), Monetary Authority of Sinagpore (MAS), Swiss Financial Market Supervisory Authority (FINMA), and the Financial Conduct Authority (FCA).

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.

Is Swissquote good?
Traders willing to pay a premium to have their brokerage account held with a Swiss bank choose Swissquote for its competitive, multi-asset offering. That said, Swissquote's UK-based offering provides better pricing despite offering a smaller range of markets.

Overall winner: CMC Markets

Read Next: Best Forex Brokers 2021


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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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