CMC Markets vs OANDA: Which One is Best?
Both CMC Markets and OANDA are market makers who offer their own trading platforms and MetaTrader 4. CMC offers 9500 CFD products and 348 forex currency pairs starting from 0.3 pips for EUR/USD. OANDA offers 2 account types, fewer CFDs, but 70 forex pairs with low spreads from 0.1 pips.
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Ask an Expert
What bank does CMC Markets use?
IN Australia, CMC Markets Stock Broking account uses BankWest. While we are unsure which bank CMC Markets use for CFD trading,it will depend on the country you are based in. Being a highly regulated broker, you can be confident only uses top tier banks.
Is CMC Markets regulated by MAS?
Yes, CMC Markets is regulated by MAS meaning they can accept traders in Singapore.