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Side-by-Side Comparison Independent Updated Oct 2, 2026

CMC Markets vs E*TRADE 2026: Which Broker is Better?

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

Higher ratedCMC Markets logo

CMC Markets

4.0/ 5
Visit CMC Markets →Full review
VS
CMC MarketsE*TRADE
BrokerRank Score4.0/5 ✓3.6/5
Min. Deposit$0$0
Spread from0.7 pips0 pips ✓
Max Leverage1:500 ✓1:4
RegulationFCA, ASIC, MAS ✓SEC, CFTC
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
CMC MarketsE*TRADE
Best for Low Fees
E*TRADECMC Markets
Best for Regulation
CMC MarketsE*TRADE
Best Overall
CMC MarketsE*TRADE
Quick Answer

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 below

CMC Markets vs E*TRADE: Key Differences

Feature

CMC Markets

Winner

E*TRADE

Our Rating
4.0 / 5
3.6 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
None
Regulated By
SECCFTC
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Stocks, Indices, Commodities
Founded
1989
1982
Headquarters
London, UK
Arlington, USA
Score
2 / 3
1 / 3

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Fees Comparison

Fee

CMC Markets

E*TRADE

Lower fees
Spread From
0.7 pips
0 pips
Commission
None
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

CMC Markets is better suited for professional traders, offering a comprehensive range of over 10,000 instruments and high leverage of up to 1:500, appealing to those looking to trade CFDs and forex. E*TRADE is more beginner-friendly, providing a strong educational suite and user-friendly platforms with zero commission on stocks and ETFs, although it lacks forex and CFD trading options. On fees, CMC Markets stands out with no commissions and competitive spreads starting from 0.7 pips, while E*TRADE offers zero commission but imposes options contract fees, making CMC Markets the winner in terms of overall cost-effectiveness for frequent traders.

Who Should Choose Which?

CMC Markets

CMC Markets

4.0/5

Top pick

Choose CMC Markets if you want…

  • Higher overall rating (4.0/5)
  • Higher leverage (up to 1:500)
  • More regulatory licences (3)
  • More market types (6)
E*TRADE

E*TRADE

3.6/5

Choose E*TRADE if you want…

  • Tighter spreads (from 0 pips)
  • More established (est. 1982)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Frequently Asked Questions

1

Is CMC Markets better than E*TRADE?

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.

2

Which has lower fees, CMC Markets or E*TRADE?

CMC Markets offers spreads from 0.7 pips, while E*TRADE starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for CMC Markets vs E*TRADE?

CMC Markets requires a minimum deposit of $0. E*TRADE requires $0.

4

Which broker is safer, CMC Markets or E*TRADE?

CMC Markets is regulated by FCA, ASIC, MAS, while E*TRADE holds licences from SEC, CFTC.

5

What trading platforms do CMC Markets and E*TRADE support?

CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. E*TRADE supports Proprietary Web, Proprietary Mobile.

6

Can I use both CMC Markets and E*TRADE?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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