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CMC Markets vs Swissquote 2019

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Is CMC Markets better than Swissquote? After assessing forex brokers on nearly 100 different variables, CMC Markets is better than Swissquote. Through its offices regulated in major global financial centers, CMC Markets offers traders a wide range of offerings 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.

Overall Rating

Feature CMC Markets Swissquote
Overall 4.5 4
CMC Markets Review Swissquote Review
75% of retail CFD accounts lose money 74-89% of retail CFD accounts lose money

Regulation

Feature CMC Markets Swissquote
Trust Score 98 99
Year Founded
1989 1996
Publicly Traded (Listed)
Yes Yes
Bank
No Yes
Tier-1 Licenses
4 3
Tier-2 Licenses
2 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses

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 No
FINMA Authorised (Switzerland)
No Yes
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses

Feature CMC Markets Swissquote
CBRC Authorised (China)
Yes No
CySEC Authorised (Cyprus)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
Yes No
CBR Authorised (Russia)
No No
FSB Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No
DFSA / Central Bank Authorised (UAE)
No Yes

Tier-3 Licenses

Feature CMC Markets Swissquote
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No
Offshore Authorised
No No

Investments

Feature CMC Markets Swissquote
Forex: Spot Trading
Yes Yes
Currency Pairs (Total Forex pairs)
183 78
CFDs - Total Offered
9959 57
Cryptocurrency traded as actual
No Yes
Cryptocurrency traded as CFD
Yes No
Offering of Investments 4 4
Winner check_circle

Cost

Feature CMC Markets Swissquote
Average Spread EUR/USD - Standard
0.744 (as of Sep 18) N/A
All-in Cost EUR/USD - Active
0.744 (as of Sep 18) N/A
Active Trader or VIP Discounts
Yes Yes
Commissions & Fees 5 3.5
Winner check_circle

Funding

Feature CMC Markets Swissquote
Minimum Initial Deposit
$0.00 €500.00
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

Trading Tools

Feature CMC Markets Swissquote
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
8 7
Charting - Indicators / Studies (Total)
81 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 4.5 3.5
Winner check_circle

Mobile Trading

Feature CMC Markets Swissquote
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 No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes No
Mobile Trading 4 3.5
Winner check_circle

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 Trading / Copy-Trading
Yes Yes
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes Yes
Research 4.5 4
Winner check_circle

Education

Feature CMC Markets Swissquote
Has Education - Forex
Yes Yes
Has Education - CFDs
Yes No
Client Webinars
Yes Yes
Client Webinars (Archived)
Yes Yes
Videos - Beginner Trading Videos
No Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
Yes Yes
Tutorials/Guide (PDF or Interactive)
Yes Yes
Education 4 3.5
Winner check_circle

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
USDCNH (or CNHUSD)
Yes Yes
USDSGD (or SGDUSD)
Yes Yes

Overall

Feature CMC Markets Swissquote
CMC Markets Review Swissquote Review
Overall 4.5 4
Winner check_circle
After spending several months and hundreds of hours researching 28 different forex brokers for trading FX, our team at ForexBrokers.com team collected over 2,200 data points. For this review, we will compare CMC Markets vs Swissquote.

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 received a rating of 5.00 stars over Swissquote's 3.50 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. CMC Markets alongside Swissquote are regulated in a major hub. Both CMC Markets and Swissquote are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. CMC Markets boasts an offering of 183 different currency pairs compared to Swissquote's 78 available pairs.

Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. Swissquote makes Meta Trader available to clients, while CMC Markets does not. 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. CMC Markets trails Swissquote by 7 total charting tools, with Swissquote offering 31 and CMC Markets offering 24. CMC Markets offers its clients access to 81 different indicators (for example, volume) while Swissquote has 51 available indicators, a difference of 30.

CMC Markets Review
Swissquote Review


Trading CFDs, FX, and cryptocurrencies involves 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 02/18/2019 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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