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CMC Invest vs XTB 2023

StockBrokers.com

Written by StockBrokers.com

August 03, 2023

Is CMC Invest better than XTB? After scoring the best share dealing accounts across 46 different variables, our analysis finds that XTB is better than CMC Invest. XTB has set itself up as a strong competitor in commission-free share trading. Its low fees and solid educational content will make XTB particularly attractive to newer investors. It does not, however, offer an ISA or SIPP.

Select Brokers

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  • check_box_outline_blankcheck_boxAJ Bell
  • check_box_outline_blankcheck_boxBarclays
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCMC Invest
  • check_box_outline_blankcheck_boxDEGIRO
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFreetrade
  • check_box_outline_blankcheck_boxHalifax
  • check_box_outline_blankcheck_boxHargreaves Lansdown
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxInteractive Investor
  • check_box_outline_blankcheck_boxLloyds Bank
  • check_box_outline_blankcheck_boxSaxo Markets
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxXTB

Compare

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Broker Screenshots CMC Invest XTB
Website Gallery (click to expand)
Mobile Trading Apps Gallery (click to expand)
Education Gallery (click to expand)
Overall Rating CMC Invest XTB
Overall Rating 4/5 Stars 4/5 Stars
Charges & Fees 5/5 Stars 5/5 Stars
Investment Choices 3.5/5 Stars 4/5 Stars
Mobile App 4.5/5 Stars 4.5/5 Stars
Website 2.5/5 Stars 4/5 Stars
Ease of Use 4.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 4.5/5 Stars
Review CMC Invest Review XTB Review
Winner check_circle
Investments CMC Invest XTB
ISA info Yes No
SIPP info No No
Share Trading info Yes Yes
CFD Trading info No Yes
Funds info No Yes
ETFs info Yes Yes
Bonds - Corporate info No No
Bonds - Government (Gilts) info No No
Investment Trusts info Yes No
Spread Betting info No Yes
Crypto Trading info No No
Advisor Services info No No
Trading Fees CMC Invest XTB
Minimum Deposit info £0.0 £0.0
Share Trading: 0-9 Deals/ Month info 0 £0
Share Trading: 10-19 Deals/ Month info 0 £0
Share Trading: 20+ Deals/ Month info 0 £0
5 trades per year (£30k portfolio) info £0 £0
12 trades per year (£30k portfolio) info £0 £0
36 trades per year (£30k portfolio) info £0 £0
120 trades per year (£30k portfolio) info £0 £0
3 fund trades per year (£30k portfolio) info N/A N/A
Annual Custody Fee: £0 - £250,000 info 0 info 0
Annual Custody Fee: £250K-£500K info 0 info 0
Annual Custody Fee: £500,000 - £1m info 0 info 0
Annual Custody Fee: £1m and over info 0 info 0
Bonds - Corporate - Fee info N/A N/A
Bonds - Government (Gilts) - Fee info N/A N/A
ETFs - Fee info 0 £0
Investment Trusts - Fee info 0 N/A
Telephone Dealing Fee info 0 N/A
Platforms & Tools CMC Invest XTB
Web Platform info No Yes
iPhone App info Yes Yes
Android App info Yes Yes
Stock Alerts info Yes Yes
Charting - Indicators / Studies info 0 59
Charting - Drawing Tools info 0 9
Charting - Notes info No Yes
Charting - Display Corporate Events info No Yes
Charting - Stock Overlays info No Yes
Charting - Index Overlays info No Yes
Research CMC Invest XTB
Research - Shares info Yes Yes
Research - CFDs info No Yes
Research - Funds info No No
Fund Research - Research Reports info No Yes
Research - ETFs info No Yes
Research - Bonds info No No
Portfolio Allocation Breakdown info No Yes
Education CMC Invest XTB
Education (Share Trading) info No Yes
Education (Funds) info No Yes
Education (Retirement) info No No
Client Webinars info No Yes
Client Webinars (Archived) info No Yes
Overall Summary CMC Invest XTB
Overall Rating 4/5 Stars 4/5 Stars
Charges & Fees 5/5 Stars 5/5 Stars
Investment Choices 3.5/5 Stars 4/5 Stars
Mobile App 4.5/5 Stars 4.5/5 Stars
Website 2.5/5 Stars 4/5 Stars
Research [DELETED] N/A N/A
Ease of Use 4.5/5 Stars 4/5 Stars
Education 3.5/5 Stars 4.5/5 Stars
Review CMC Invest Review XTB Review
Winner check_circle
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Comparing online share dealing platforms side by side is no small task. For our 2023 review of U.K. brokers, nearly 600 data points were collected over a 10-week period and used to score each broker. Let’s compare CMC Invest and XTB.

CMC Invest vs XTB Comparison

For our 2023 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare CMC Invest vs XTB.

Is CMC Invest a good broker?

CMC Invest offers commission-free trading of U.K.-listed shares and U.S. equities via a mobile app only. Though a newer entrant to the U.K. share dealing market and currently somewhat limited, it’s powered by global contender CMC Markets, making it likely that its offerings will expand.

Is XTB a good broker?

XTB has set itself up as a strong competitor in commission-free share trading. Its low fees and solid educational content will make XTB particularly attractive to newer investors. It does not, however, offer an ISA or SIPP.

Which broker is less expensive?

Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, CMC Invest offers better pricing than XTB for share dealing.

Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.

5 trades per year - CMC Invest would cost £0 per year, while XTB would cost £0 per year.

12 trades per year - CMC Invest would cost £0 per year, while XTB would cost £0 per year.

36 trades per year - CMC Invest would cost £0 per year, while XTB would cost £0 per year.

120 trades per year - CMC Invest would cost £0 per year, while XTB would cost £0 per year.

3 fund trades per year - CMC Invest would cost £0.0 per year, while XTB would cost £0.0 per year.

How do CMC Invest and XTB compare in terms of minimum deposits required?

CMC Invest requires a minimum deposit of £0.0, while XTB requires a minimum deposit of £0.0. From our testing we found for accounts between £0 - £250,000 CMC Invest charges annual custody fees of 0, while XTB charges annual custody fees of 0.

Which broker offers a wider range of investment options?

CMC Invest offers investors access to ISA, Share Trading, ETFs and Investment Trusts, while XTB offers investors access to Share Trading, CFD Trading, Funds, ETFs and Spread Betting. Neither have SIPP, Bonds - Corporate, Bonds - Government (Gilts), Crypto Trading and Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Do CMC Invest and XTB offer ISA or SIPP accounts?

Self-invested personal pensions (SIPPs) and individual savings accounts (ISAs) are tax-advantaged savings accounts that are an important tool for many individual investors. You can read more about how these accounts operate at Gov.UK: Click here for SIPP information and here for ISA information. Our analysis finds that CMC Invest offers traders access to ISA accounts, while XTB offers traders access to neither of these accounts. Neither have SIPP.

Do CMC Invest and XTB offer cryptocurrency?

In our analysis of top brokers for share dealing in the U.K., we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum, which is still a somewhat rare offering amongst major U.K. brokers. Our review finds that neither CMC Invest nor XTB offer crypto investing.

Which broker offers a better website experience?

Our testing concluded that the website of XTB is better than the website of CMC Invest. XTB offers more functionality, is cleanly designed, and is, overall, easier to use for beginners and casual investors.

Which stock trading app is better?

To compare the trading platforms of both CMC Invest and XTB, we tested each broker's stock trading app. All features compared, our analysis finds that CMC Invest offers a better mobile app. Dive deeper: Best Stock Trading Apps UK.

Do CMC Invest and XTB offer educational resources?

Educational offerings are of particular importance to those who are newer to investing, and we examine the availability of several different types of educational materials in our analysis. Our research finds that CMC Invest offers traders access to neither of these, while XTB offers access to Client Webinars, Client Webinars (Archived), Education (Share Trading) and Education (Funds). Neither have Education (Retirement).

Overall winner: XTB

Read Next: Best UK Trading Platforms 2023


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