CMC Markets
patersons securities limited
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Overview
CMC Markets was founded in 1989 and is headquartered in UK, while patersons securities limited was established in 2015 and is based in United States. CMC Markets holds licences including Financial Conduct Authority (FCA), while patersons securities limited is regulated by AFS Licence 234666 among others. CMC Markets serves 10,000+ clients worldwide; patersons securities limited has 10,000+. The minimum deposit is $200 at CMC Markets and $250 at patersons securities limited.
| Feature | CMC Markets | patersons securities limited |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) | AFS Licence 234666 |
| Founded | 1989 | 2015 |
| Country | UK | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CMC Markets and patersons securities limited, 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 patersons securities limited). CMC Markets charges withdrawal fees while patersons securities limited does not, a notable advantage for frequent withdrawers. CMC Markets applies inactivity fees on dormant accounts; patersons securities limited does not. patersons securities limited charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | CMC Markets | patersons securities limited |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
CMC Markets offers MT4, MT5, cTrader, while patersons securities limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. patersons securities limited supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | CMC Markets | patersons securities limited |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CMC Markets and patersons securities limited 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 | CMC Markets | patersons securities limited |
|---|---|---|
| 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. CMC Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while patersons securities limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). patersons securities limited uniquely supports PayPal and Skrill and Neteller among the two brokers. patersons securities limited scores higher on deposit and withdrawal flexibility.
| Feature | CMC Markets | patersons securities limited |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
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 patersons securities limited offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 8 languages. Both brokers are comparable on support quality.
| Feature | CMC Markets | patersons securities limited |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, French, Polish, Spanish, Swedish, Italian, and Norwegian | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |