Compare Vs eToro: Which is the Better Forex Broker in 2024?
Vs eToro, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Vs eToro, here is the direct comparison:
Feature | eToro |
General Rating |
3.66/5 |
||
Score | 84 | 0 | |
Trustpilot |
4.3/5 22304 users |
||
💼 Regulation | |||
❗Info | |||
⌛ Established | 2007 | ||
💲 Min Deposit | $200 | ||
⚖ Max Leverage | 1:400 | ||
🔢 Spread | Fixed | ||
💸 Commissions | |||
💡 Min Position | 0.1 lot |
💳 Payment | WebMoney, PayPal, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller and UnionPay | ||
🏢 Office(s) |
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, German, English, Spanish, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Swedish, Chinese |
🚪 Trade Now | Open eToro |
Testimonials
-
eToro: very user friendly
-
eToro: Good place for beginners
-
eToro: Platforms very smooth and have reasonable cost
-
eToro: There are room for growth
-
eToro: KYC is complicated
-
See More eToro Testimonials
News
-
Despite H1 Slump, CMC Markets Raises FY24 Income Forecast
-
US Dollar on Edge Ahead of Tomorrow's PCE Data Release
-
HYCM Europe Stops Accepting EU Clients After Renouncing CIF License
-
USD/JPY Breaks Through 155 Barrier, Hits Highest Level Since the 1990s
-
AUD/USD Strengthens as Rate Cut Expectations Fade
-
Dollar Pressured by PMI Data, USD/JPY Pushes Higher
-
IC Markets Dives into Prop Trading with ICFunded Launch
-
Two Good News Spark GBP/USD Rebound
-
Vantage Revamps App: Targets Indices CFD Traders with Enhanced Features
-
Capital Markets Elite Group Sees Deeper UK Losses Despite Revenue Increase
Articles
-
Beginner's Guide to Make Money in Forex Trading
-
How to Navigate eToro's TipRanks for Market Research
-
How to Avoid Trading Scams in Indonesia
-
Top 5 eToro Forex Signal Providers by Return Rate
-
Top 5 eToro Forex Signal Providers by Number of Copiers
-
Guide to Key Economic Events of the United Kingdom
-
Diversify Your Trades with eToro's Smart Portfolios
-
Biggest Trading Frauds in the UK of the Decade
-
Guide to Trade with Cent Account on FBS Broker
-
Experience Trading Like a Pro with eToro's ProCharts
More Comparisons
- InstaForex vs Dukascopy
- FBS vs JustMarkets
- Interactive Brokers vs easyMarkets
- OANDA vs HF Markets
- eToro vs FXTM
- Vantage Markets vs Tickmill
- FP Markets vs Pepperstone
- ThinkMarkets vs RoboForex
- XM vs FirewoodFX
- Octa vs IC Markets
- LiteFinance vs Axi
- FXOpen vs Exness
- Blueberry Markets vs AvaTrade
- MTrading vs Admirals
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, provides their pricing with spread while eToro offers Fixed spread.
vs eToro: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, enables trading with . The offer is supported with . In comparison, eToro provides trading with eToro Platform, eToro Mobile Trader, Social trading, Web with the support of One-click trading.
Is or eToro better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, supports trading with , while eToro presents the ability of trading with Forex, Gold & silver, CFD, Stocks, Indexes, Soft commodities, Metals, ETF, Crypto, Oil.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to and eToro:
- Compare vs Array
- Compare vs Array
- Compare vs Array
- Compare eToro vs Array
- Compare eToro vs Array
- Compare eToro vs Array
For more comparisons, visit this page.