CMC Markets Vs. Coinbase - Compare and Choose the Right One


Visit 71% of retail CFD accounts lose money.	Visit Investing in cryptocurrencies involves risk.
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
Professional high volume traders looking to offset the cost of commissions through larger trades Intermediate and professional traders looking for a professional custom platform with customisable layouts	Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.
Trust
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The Good
Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more Powerful professional platform with customisable layouts and integrated reuters feed	Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies
The Bad
High commissions on stocks and ETFs Platform is not beginner friendly	Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
🏛 Financial Regulators
ASIC (Australia) FCA (UK) IIROC (Canada) MAS (Singapore) BaFin (Germany)	Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.
📍 Year Founded
1989	2012
💳 Minimum Deposit
0	0
💰 Payment Methods
Visa Mastercard Bank Transfer Paypal	Visa Mastercard Bank Transfers Paypal
💵 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
CFDs on stocks, ETFs, currencies, cryptocurrencies, commodities, indices and bonds	Coinbase provides only real cryptocurrencies.
📙 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