CMC Markets
E*TRADE
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
When comparing CMC Markets and E*TRADE, the primary distinction lies in their market offerings and geographical focus. CMC Markets, with a robust regulatory profile and a wide range of over 10,000 instruments including CFDs and forex, appeals to global traders seeking diverse market exposure and high leverage options. In contrast, E*TRADE, backed by Morgan Stanley, caters predominantly to US-based investors, offering zero commission stock and ETF trading alongside a strong options trading platform. Each broker serves different types of traders, with CMC Markets suiting those interested in leveraged CFD trading and E*TRADE attracting stock and options traders within the US.
CMC Markets
E*TRADE
| CMC Markets | E*TRADE | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.6/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | FCA, ASIC, MAS ✓ | SEC, CFTC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | Proprietary Web, Proprietary Mobile |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.6/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets
WinnerE*TRADE
CMC Markets
E*TRADE
Lower fees
CMC Markets
4.0/5
Choose CMC Markets if you want…
E*TRADE
3.6/5
Choose E*TRADE if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs E*TRADE's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while E*TRADE starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. E*TRADE requires $0.
CMC Markets is regulated by FCA, ASIC, MAS, while E*TRADE holds licences from SEC, CFTC.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. E*TRADE supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.