Updated May 26 2022
Overview | |
---|---|
CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies. |
Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies. |
Best For | |
|
|
Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 5 Other Licenses 0 Provided by |
![]() Financial Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by |
🏛 Financial Regulators | |
The Good | |
|
|
The Bad | |
|
|
Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
1989 | 2012 |
💳 Minimum Deposit | |
0 | 0 |
💰 Payment Methods | |
💵 Account Base Currencies | |
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD. | All available cryptocurrencies. |
🗽 Available to U.S Citizens | |
No | Yes |
❌ Restricted Countries | |
US, JP, SY, ZA, IR. | None |
📊 STP Account | |
No | No |
📊 DMA Account | |
Yes | No |
📊 ECN Account | |
Yes | No | Assets |
📚 Available Assets | |
📙 Stocks | |
10,169 | N/A |
📘 Currency Pairs | |
330+ | N/A |
📗 Commodities | |
124 | N/A |
📕 Indices | |
95 | N/A |
📔 ETFs | |
1084 | N/A |
💸 Cryptocurrencies | |
18 (Not available in the U.K) | 110+ |
📒 Bonds | |
55 | N/A |
📓 Options | |
N/A | N/A |
📗 Futures | |
CFDs on commodities futures contracts with various expiration dates. |
N/A |
📝 Notes: | |
N/A | Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives. |
Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | N/A |
📉 Minimum ETFs Trade Size | |
1 ETF | N/A |
📈 Minimum Crypto Trade Size | |
Varies per cryptocurrency (eg: 0.01 BTC) | $2 |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | N/A |
📈 Minimum Commodities Trade Size | |
1 Contract | N/A |
📉 Minimum Bonds Trade Size | |
1 Contract | N/A |
📈 Minimum Futures Trade Size | |
1 Contract | N/A |
📉 Minimum Options Trade Size | |
N/A | N/A |
💪 Retail Leverage | |
Up to 1:30 | N/A |
💪 Professional Leverage | |
Up to 1:500 | N/A |
✍ Customisable Leverage | |
No | No |
🎲 Deleveraged Trading | |
No | Yes |
🎓 Demo Account | |
Yes | No |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | No |
📺 MetaTrader 5 | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | No |
👬 Copy Trading | |
No | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
Yes | No |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
After 12 months of inactivity, CMC Markets charges a £10 inactivity fee. |
No |
💰 Deposit Fees | |
No | No |
💰 Withdrawal Fees | |
No | No |
💰 Commissions | |
Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. |
Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard. |
Spreads |
📈 EUR/USD | |
Dynamic - From 0.7 Pips | N/A |
📉 SP500 | |
From 60 Pips | N/A |
📈 GOLD | |
From 30 Pips | N/A |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | N/A |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | N/A |
📉 BTC | |
N/A | Dynamic - From 0.50% up to 2.0% | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | No |
📜 Integrated Newsfeed | |
Yes | Yes |
📡 Reuters Feed | |
Yes | No |