CMC Markets vs eToro
Since 1 Dec 2001, CMC Markets UK plc has been authorised by the FCA, FRN 173730. It holds client money. Since 9 May 2013, ETORO (UK) LIMITED has been authorised by the FCA, FRN 583263. It holds client money.
CMC Markets and eToro side by side
Every figure comes from the broker itself, and we record the date we read it. The order follows what people search for and doesn't show a preference.
| Fact | CMC Markets | eToro |
|---|---|---|
| UK firm | CMC Markets UK plc | ETORO (UK) LIMITED |
| FRN | 173730 | 583263 |
| Regulatory status | Authorised | Authorised |
| Authorised since | 1 Dec 2001 | 9 May 2013 |
| Clone firms on the register | 2 | 5 |
| Retail CFD accounts that lose money | 69%, read 2 Nov 2026 | 55%, read 2 Nov 2026 |
| EUR/USD spread as stated | 0.5 pips (minimum, Spread bet / CFD (standard)) | 0.005% per trade (minimum, Standard) |
| Smallest deposit | Not stated | £50 |
| Inactivity fee | ££10 each month applies to dormant accounts, which have no open positions and haven't traded for one year.) | Not stated |
| Withdrawal fee | No charge for card or standard bank transfers; international bank transfers may have a fee | Local currency (GBP) accounts pay nothing; a USD investment account is charged USD 5. |
| Withdrawal time | For cards, the timing ranges from within an hour to five working days (issuer-dependent). A UK bank takes one to two working days; an international bank takes three to five working days. | Not stated |
| CFDs | Yes | Yes |
| Spread betting | Yes | Not stated |
| Share dealing | Yes | Yes |
| Platforms | MT4, TradingView, CMC Markets web platform and the CMC mobile app ('CMC Platform').') | Etoro platform and app (etoro edge terminal) |
| Demo account | Yes | Yes |
| iPhone app rating, UK App Store | 4.21 of 5 (411 ratings) | 4.24 of 5 (18,299 ratings) |
For both firms, the details match: demo account, FCA status, share dealing and CFDs.
Sources, each read 2 Nov 2026: cmcmarkets.com/en-gb/account-comparison; etoro.com, read 2 Nov 2026; cmcmarkets.com/en-gb/forex, read 2 Nov 2026; cmcmarkets.com/en-gb/trading-costs, read 2 Nov 2026; etoro.com/trading/fees/cfd-spreads, read 2 Nov 2026.
How the two loss rates stand against the wider field
The full risk warning from each broker
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. With this provider, spread betting and/or trading CFDs leads to losses for 69% of retail investor accounts. Think about whether the way spread bets, CFDs, OTC options or any other products we offer work makes sense to you. Also consider whether you can afford to take on such a high risk of losing your money.
On cmcmarkets.com, CMC Markets's own wording was read 2 Nov 2026.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. With this provider, trading CFDs leads to losses for 55% of retail investor accounts. Think about whether CFDs are clear to you and whether you can afford the high risk of losing your money.
On etoro.com, eToro's own wording was read 2 Nov 2026.