CMC Markets
Daw Trading
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Overview
CMC Markets was founded in 1989 and is headquartered in UK, while Daw Trading was established in 1988 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CMC Markets serves 10,000+ clients worldwide; Daw Trading has 10,000+. The minimum deposit is $200 at CMC Markets and $100 at Daw Trading.
| Feature | CMC Markets | Daw Trading |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA) |
| Founded | 1989 | 1988 |
| Country | UK | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CMC Markets and Daw Trading, directly affecting your bottom line as a trader. Daw Trading has a lower barrier to entry with a minimum deposit of $100 (vs $200 at CMC Markets). CMC Markets charges withdrawal fees while Daw Trading does not, a notable advantage for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; Daw Trading does not. Overall, Daw Trading scores higher on fees in our assessment.
| Feature | CMC Markets | Daw Trading |
|---|---|---|
| Min. Deposit | $200 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
CMC Markets offers MT4, MT5, cTrader, while Daw Trading supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CMC Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | CMC Markets | Daw Trading |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Web Trader, Binary, Tablet & Mobile apps | Android,WEB,Desktop,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CMC Markets and Daw Trading 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. CMC Markets scores higher overall in education and research.
| Feature | CMC Markets | Daw Trading |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CMC Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Daw Trading supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | CMC Markets | Daw Trading |
|---|---|---|
| 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 CMC Markets and Daw Trading offer live chat support. Both provide phone support. Email support is available at both brokers. CMC Markets supports 8 languages and Daw Trading supports 2, giving CMC Markets broader global reach. Both brokers are comparable on support quality.
| Feature | CMC Markets | Daw Trading |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian | English, and Chinese |