Chase Bank
CMC Markets
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Overview
Chase Bank was founded in 1975 and is headquartered in United States, while CMC Markets was established in 1989 and is based in UK. Chase Bank holds licences including Australian Securities and Investment Commission (ASIC), while CMC Markets is regulated by Financial Conduct Authority (FCA) among others. Chase Bank serves 10,000+ clients worldwide; CMC Markets has 10,000+. The minimum deposit is $100 at Chase Bank and $200 at CMC Markets.
| Feature | Chase Bank | CMC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA) |
| Founded | 1975 | 1989 |
| Country | United States | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Chase Bank and CMC Markets, directly affecting your bottom line as a trader. Chase Bank has a lower barrier to entry with a minimum deposit of $100 (vs $200 at CMC Markets). CMC Markets charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.
| Feature | Chase Bank | CMC Markets |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Chase Bank offers MT4, MT5, cTrader, while CMC Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Chase Bank | 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 | Desktop,Android,iPhone/iPad,Mac | 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 Chase Bank and CMC Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Chase Bank | CMC Markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Chase Bank 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 | Chase Bank | 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 Chase Bank and CMC Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Chase Bank supports 2 languages and CMC Markets supports 8, giving CMC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Chase Bank | 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 |