Selfwealth vs CMC Markets

Bill Ryan Natividad avatar
Written by   |  
David Boyd avatar
Verified by
Updated 24 Aug 2023
Selfwealth
CMC Markets
Overview
Description
Low cost broker with access to Australian, HK, and US markets.Full-featured, multi-award winning UK-based broker.
Basics
Account Funding Options
Bank transfer, BPAYBank transfer, credit card, debit card
Advisory Services
NoNo
Apps
Android, iOSAndroid, iOS
CHESS Sponsored
YesYes
Minimum Deposit
N/A$0.00
Minimum Trade
$500 (share dealing)$1,000 (share dealing)
Regulator
ASICASIC, FCA, FCAC, FMA, MAS
Signup Bonus Gift
NoneNone
Trading
Copy Trading
YesYes
Crypto Trading
NoYes
cTrader Trading
NoNo
ETF Trading
YesYes
Forex Trading
NoYes
Fractional Share Trading
NoNo
Futures Trading
NoYes
International Markets Trading
YesYes
MetaTrader 4 Trading
NoYes
MetaTrader 5 Trading
NoNo
Mutual Funds Trading
NoYes
Options Trading
NoYes
OTCBB / Pink Sheets
NoN/A
Paper Trading
NoYes
Penny Share Trading
YesN/A
Social Trading
YesYes
Share Trading
YesYes
Tradable Assets
ETFs, SharesCFDs, Commodities, Crypto, ETFs, Forex, Indices, Shares, Treasuries
Tradable Markets
ASX, HKEX, NASDAQ, NYSEASX, HKEX, LSE, NASDAQ, NYSE, TSE, TSX and more
Fees
Broker Assisted Trades Fee
N/AN/A
Brokerage Fee
$9.50$0.00
Domestic Wire Transfer Fee
N/AN/A
ETF Trade Fee
$0.00$11.00
Funds Withdrawal Fee (Partial)
N/AN/A
Funds Withdrawal Fee (Full)
N/AN/A
International Wire Transfer Fee
N/AN/A
Mutual Fund Trade Fee
N/A$29.95
Options (Base Fee)
N/A$33.00
Options (Per Contract Fee)
N/AN/A
Paper Confirmation Fee
N/AN/A
Paper Statement Fee
N/AN/A
Returned Wire Fee
N/AN/A
Spread
N/AN/A
Stock Certificate Delivery Fee
N/AN/A
Stock Certificate Processing Fee
N/AN/A
Stock Trade Fee
$0.00$11.00
Order types
Order Type (Contingent)
NoYes
Order Type (Limit)
YesYes
Order Type (Market)
YesYes
Order Type (One Cancels The Other)
NoYes
Order Type (One Triggers and One Cancels The Other)
NoYes
Order Type (Stop)
YesYes
Order Type (Trailing Stop)
NoYes
Customer service
Email Support
YesYes
Live Chat Support
YesYes
Phone Support
NoYes

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business