CMC Markets
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78% of retail CFD accounts lose money.

Vs.

DEGIRO
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Investing involves risk of loss.

CMC Markets Vs. DEGIRO - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

78% of retail CFD accounts lose money.

Visit

Investing involves risk of loss.

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.

DEGIRO is a European leading stock broker providing access to more than 50 stock exchanges around the world with low commissions per trade and a simple to use platform.

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
  • Investors from all experience levels looking to buy real shares, funds or ETFs for the long term
  • Active traders that look to access the large variety of exchanges offered
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

5

Other Licenses

0

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FCA (UK)
  • IIROC (Canada)
  • MAS (Singapore)
  • BaFin (Germany)
  • BaFin (Germany)
  • AFM (Netherlands)
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
  • No conflicts of interest between DEGIRO and its customers
  • Virtually unlimited asset offering from 50 exchanges across the globe
  • Low fees when compared to traditional banking alternatives
The Bad
  • High commissions on stocks and ETFs
  • Platform is not beginner friendly
  • Credit card deposits are not available
  • Simplistic platforms with not many features
  • Fees are expensive when compared to commission free brokers
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

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.

📍 Year Founded
1989 2008
💳 Minimum Deposit Range
0 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD. 3 - USD, GBP, EUR.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, SY, ZA, IR.

DEGIRO only provides services to citizens of Czech Republic, Spain, Ireland, Norway, Poland, Sweden, Denmark, Greece, Italy, Portugal, Switzerland, Germany, France, Netherlands, Finland and the United Kingdom. The rest of the countries worldwide are not able to use DEGIRO's services.

📊 STP Account
No No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Equities
Total Asset Offering
11,885 292,230
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
10,169 25,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
330 5
📗 Commodities
0 0
📗 Commodities CFDs
124 0
📕 Indices
0 0
📕 Indices CFDs
95 25
📔 ETFs
0 0
📔 ETFs CFDs
1,084 6,700
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
18 0
📒 Bonds
0 0
📒 Bonds CFDs
55 500
📓 Options
0 0
📓 Options CFDs
0 250,000
📗 Futures
0 0
📗 Futures CFDs
10 10,000
Trading Experience
📈 Minimum Stock Trade Size
1 Share Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
1 ETF Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Variable (eg: 1 BTC) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Unavailable
📈 Minimum Commodities Trade Size
1 Contract Unavailable
📉 Minimum Bonds Trade Size
1 Contract Unavailable
📈 Minimum Futures Trade Size
1 Contract Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 Unavailable
💪 Professional Leverage
500 Unavailable
✍ 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
📺 cTrader
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.

None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. 

Yes and varies per asset and exchange, eg: If you were to purchase £2,000 worth of Apple shares at a price of $300 your total commission would have been £0.44.

Spreads
📈 EUR/USD
Dynamic - From 0.7 Pips Unavailable
📉 SP500
From 60 Pips Unavailable
📈 GOLD
From 30 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market Spread
📉 BTC
Unavailable Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes No
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
Yes No