Compare forex brokers CM Trading VS Etfinance

If you're choosing between CM Trading and Etfinance forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is CM Trading better than Etfinance? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

CM TRADING VS ETFINANCE

CM Trading
CM Trading Overview

CM Trading is an online broker established in South Africa in 2014. It offers CFDs on currencies, stock, indices, commodities and cryptocurrencies on a selection of modern platforms.

ETFinance
ETFinance Overview

ETFinance is a brand name of Magnum FX which is regulated by the Cyprus Securities and Exchange Commission the “CySEC” and offer a wide range of tradable assets across Forex, Stocks, Indices, Commodities and Cryptocurrencies on the MetaTrader trading platform for Desktop, Web and Mobile.

# Broker's Features CM TRADING Availability ETFINANCE Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare CM Trading vs Etfinance.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. CM Trading offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Cryptocurrency, while Etfinance offers Currencies, Commodities, Stocks, Cryptocurrency, Futures.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. CM Trading is STP, while Etfinance is Dealing Desk.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. CM Trading is regulated by FSCA, while Etfinance regulated by CySEC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Languages Available: Next lets have a look at each broker's different Language options. CM Trading offers Arabic, Chinese, English, Indonesian, Malaysian, R, while Etfinance offers English, Spanish Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. CM Trading offers Cash-U, Credit/Debit Cards, Neteller, Bank Wire Transfer different payment methods for each account types, while Etfinance offers Credit/Debit Cards, Bank Wire Transfer payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, CM Trading makes MT4 available to clients, while Etfinance offers MT4.

The Verdict: CM Trading or Etfinance?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, CM Trading is more reliable based on our criteria above. Customer service in your national language might not be a major concern for traders based in English-speaking countries, but it is a defining requirement for traders from other regions such as Asia and South America. CM Trading has a wider range of languages in which customer service is offered making the broker more accessible. As CM Trading offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?