Abshire Smith
CMC Markets
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while CMC Markets was established in 1989 and is based in UK. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. Abshire Smith serves 10,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $500 at Abshire Smith and $200 at CMC Markets.
| Feature | Abshire Smith | CMC Markets |
|---|---|---|
| Min. Deposit | $500 | $200 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 1997 | 1989 |
| Country | United kingdom | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and CMC Markets, directly affecting your bottom line as a trader. CMC Markets has a lower barrier to entry with a minimum deposit of $200 (vs $500 at Abshire Smith). CMC Markets charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; Abshire Smith does not. Abshire Smith charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | Abshire Smith | CMC Markets |
|---|---|---|
| Min. Deposit | $500 | $200 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Abshire Smith supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Abshire Smith | CMC Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | Web Trader, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and CMC Markets compare. CMC Markets runs regular live webinars; Abshire Smith does not. CMC Markets has a video library; Abshire Smith does not. CMC Markets publishes daily market commentary; Abshire Smith does not. CMC Markets integrates third-party research tools (Trading Central, Autochartist); Abshire Smith does not. CMC Markets maintains an archive of past webinars for on-demand viewing. CMC Markets scores higher overall in education and research.
| Feature | Abshire Smith | CMC Markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while CMC Markets supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Abshire Smith | CMC Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and CMC Markets supports 8, giving CMC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | CMC Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian |