IG vs CMC Markets both are among the leading online brokers. They are offering several benefits to each client. Below, there is thorough comparison between these two. Traders can compare these brokers to find the best one.
However, a trader also has much better options. New-age brokers are way ahead of these brokers. 101investing is one of them, it is a modern broker for the needs of a modern trader. The benefits offered by it to the clients make it much more reliable for traders.
It has a wide range of assets, educational resources, technical indicators, more account types, and other options. Traders can consider it also if they are searching for a reliable and trustable broker for themselves.
IG vs CMC Markets Unbiased Comparison
|Basis of Rating||IG||CMC Markets|
|Commission & Spreads|
Regulation & Investors’ Trust
|Top Tier License||FCA (UK), ASIC (Australia), and more||FCA (UK), ASIC (Australia), and more|
|Segregation of Funds||Yes||No|
|Overall Trust Score||99||98|
Deposit and Withdrawal
|Bank Wire Transfer||Available||Available|
|Skrill||Not Available||Not Available|
|MetaTrader 4 (MT4)||Yes||Yes|
|MetaTrader 5 (MT5)||No||No|
Trading & Analytical Tools
|Chart Drawing Tools||20||40|
|Multiple Order Types||Yes||Yes|
|Chart Drawing Autosave||No||Yes|
|Videos for Beginners||Yes||Yes|
|Videos for Professionals||Yes||Yes|
|Commission on Trades||Not Payable||Payable|
Apart from these, 101Investing is providing three types of trading accounts so that traders get diversification along with a demo account. It also allows traders to make payment from eWallets for more convenience. Open an account with 101investing and start your trading journey
The broker does not charge a commission on trades. Traders get a higher number of educational resources so that they can make better decisions.
The Bottom Line
After reading this comparison between IG vs CMC Markets, traders can make their mind up. They can select which broker they should go for. And if they want, they can start trading with a fully new-age broker that is also reliable and regulated. It is offering many features that are not available with these brokers. Choose a broker wisely according to your needs.