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CMC Markets vs eToro 2026

A detailed head-to-head comparison of CMC Markets and eToro across regulation, trading costs, platforms, and more.

CMC Markets logo - BrokerAudit
CMC Markets

Est. 1989 · London, United Kingdom

FCAASICBaFin
83.5/100
Excellent
eToro logo - BrokerAudit
eToro

Est. 2007 · Tel Aviv, Israel

FCACySECASIC
70.9/100
Good

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
CMC MarketseToro

Category-by-Category Winner

Category
CMC Markets
eToro
Regulation & Trust
92
82
Trading Costs
78
55
Platforms & Tools
85
72
Account Conditions
82
75
Deposit & Withdrawal
82
68
Customer Support
78
65
Education & Research
80
78
Overall Score
83.5
70.9

Detailed Comparison

Overview

Year Founded
1989
2007
Headquarters
London, United Kingdom
Tel Aviv, Israel
Publicly Listed
Top Regulators
FCA, ASIC, BaFin
FCA, CySEC, ASIC
Total Instruments
12,000
6,000

Trading Costs

EUR/USD Spread
0.70 pips
1.00 pips
GBP/USD Spread
1.10 pips
2.00 pips
USD/JPY Spread
0.90 pips
1.50 pips
Min. Deposit
$0
$50
Commission/Lot
$5.00
None
Inactivity Fee
£10/month after 12 months
$10/month after 12 months

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
330
49
CFD Stocks
9,000
3,000
Indices
80
20
Commodities
100
30
Crypto CFDs
20
100

CMC Markets vs eToro: Our Analysis

Overall Verdict

With an overall score of 83.5/100 vs 70.9/100, CMC Markets clearly outperforms eToro by 12.6 points. This is a substantial gap that reflects CMC Markets's stronger performance across multiple categories.

Trading Costs

On the EUR/USD pair, CMC Markets offers an average spread of 0.70 pips with a $5.00 round-turn commission, while eToro comes in at 1.00 pips commission-free. CMC Markets offers tighter pricing on EUR/USD. Minimum deposit is $0 at CMC Markets and $50 at eToro.

Regulation & Safety

CMC Markets holds 5 regulatory licenses with a highest tier of Tier 1 (FCA, ASIC, BaFin), while eToro has 4 licenses at Tier 1 (FCA, CySEC, ASIC). CMC Markets has more regulatory licenses overall.

Platform Comparison

CMC Markets offers MT4, Next Generation — uniquely offering MT4, Next Generation which eToro does not have. eToro supports eToro Platform, with exclusive access to eToro Platform. CMC Markets provides a wider platform selection.

Who Should Choose Which?

CMC Markets suits cost-conscious traders, beginners seeking education, traders who want advanced tools, traders who prioritize safety, traders wanting a wide instrument range, while eToro is better for a broad range of trading styles. If copy trading matters, eToro has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, CMC Markets scores higher overall at 83.5/100 compared to eToro's 70.9/100. However, "better" depends on your priorities — eToro may be superior in specific categories like certain niche features.

CMC Markets offers tighter spreads with an average EUR/USD spread of 0.70 pips, compared to 1.00 pips at eToro. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

CMC Markets scores higher for regulation and trust at 92/100, holding licenses from FCA, ASIC, BaFin. eToro scores 82/100 with FCA, CySEC, ASIC.

For beginners, CMC Markets is the stronger choice with an education and research score of 80/100. It offers structured trading courses, webinars, and a free demo account. eToro scores 78/100 for education.

Yes, there is no restriction on having accounts with both CMC Markets and eToro simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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