AvaTrade
CMC Markets
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Overview
AvaTrade was founded in 2006 and is headquartered in The British Virgin Islands, while CMC Markets was established in 1989 and is based in UK. AvaTrade holds licences including Central Bank of Ireland, while CMC Markets is regulated by Financial Conduct Authority (FCA) among others. AvaTrade serves 200,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $250 at AvaTrade and $200 at CMC Markets.
| Feature | AvaTrade | CMC Markets |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Regulation | Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
| Founded | 2006 | 1989 |
| Country | The British Virgin Islands | UK |
| Clients | 200,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between AvaTrade 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 $250 at AvaTrade). CMC Markets charges withdrawal fees while AvaTrade does not, giving AvaTrade an edge for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; AvaTrade does not. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | AvaTrade | CMC Markets |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
AvaTrade offers MT4, MT5, cTrader, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. AvaTrade supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | AvaTrade | 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 | MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps | 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 AvaTrade and CMC Markets compare. CMC Markets runs regular live webinars; AvaTrade does not. Both provide video tutorials. CMC Markets publishes daily market commentary; AvaTrade does not. Both integrate third-party research tools. CMC Markets maintains an archive of past webinars for on-demand viewing. CMC Markets scores higher overall in education and research.
| Feature | AvaTrade | CMC Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. AvaTrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while CMC Markets supports 2 (bank transfer, credit/debit card). AvaTrade uniquely supports PayPal and Neteller among the two brokers. AvaTrade scores higher on deposit and withdrawal flexibility.
| Feature | AvaTrade | CMC Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both AvaTrade and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. AvaTrade supports 6 languages and CMC Markets supports 8, giving CMC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | AvaTrade | CMC Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Italian, German, French, Greek, and Hebrew | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian |