CMC Markets
swiss markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
CMC Markets was founded in 1989 and is headquartered in UK, while swiss markets was established in 2012 and is based in USA. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. CMC Markets serves 10,000+ clients worldwide; swiss markets has 10,000+. The minimum deposit is $200 at CMC Markets and $250 at swiss markets.
| Feature | CMC Markets | swiss markets |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F315 |
| Founded | 1989 | 2012 |
| Country | UK | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CMC Markets and swiss 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 swiss markets). Both brokers charge withdrawal fees. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. swiss markets charges deposit fees; CMC Markets does not. Overall, CMC Markets scores higher on fees in our assessment.
| Feature | CMC Markets | swiss markets |
|---|---|---|
| Min. Deposit | $200 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
CMC Markets offers MT4, MT5, cTrader, while swiss markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. swiss markets supports social and copy trading features, which CMC Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | CMC Markets | swiss markets |
|---|---|---|
| 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 swiss 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. CMC Markets scores higher overall in education and research.
| Feature | CMC Markets | swiss markets |
|---|---|---|
| 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 swiss markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). swiss markets uniquely supports PayPal and Skrill and Neteller among the two brokers. swiss markets scores higher on deposit and withdrawal flexibility.
| Feature | CMC Markets | swiss markets |
|---|---|---|
| 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 swiss markets 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 | swiss markets |
|---|---|---|
| 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 |