Compare eToro Vs AvaTrade: Which is the Better Forex Broker in 2024?
eToro Vs AvaTrade, 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 eToro Vs AvaTrade, here is the direct comparison:
Compare | eToro | AvaTrade |
General Rating |
3.66/5 |
3.22/5 |
Score | ||
Trustpilot |
4.3/5 22304 users |
4.8/5 7243 users |
πΌ Regulation | ||
β Info | ||
β Established | 2007 | 2006 |
π² Min Deposit | $200 | $100 |
β Max Leverage | 1:400 | 1:400 |
π’ Spread | Fixed | Fixed |
πΈ Commissions | ||
π‘ Min Position | 0.1 lot | 0.01 lot |
π³ Payment | WebMoney, PayPal, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller and UnionPay | WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller and UnionPay |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
EU Stocks | ||
Physical Stock | ||
Index |
π£ Website Languages | Arabic, German, English, Spanish, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Swedish, Chinese | Arabic, German, English, Spanish, French, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Swedish, Chinese |
πͺ Trade Now | Open eToro | Open AvaTrade |
Compare Again
Testimonials
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eToro: very user friendly
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eToro: Good place for beginners
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eToro: Platforms very smooth and have reasonable cost
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eToro: There are room for growth
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eToro: KYC is complicated
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AvaTrade: Good but have flaws
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AvaTrade: Get in touch with Summitrecoup dot com to help recover...
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AvaTrade: I'm not sure how to tell my story, but I'll...
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AvaTrade: I've heard nothing but good things about this broker. Recently...
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AvaTrade: Automated trading with AvaTrade is really smooth and rewarding. I...
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See More eToro Testimonials
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See More AvaTrade Testimonials
News
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eToro Updates Traders on Hotly Anticipated Reddit IPO
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eToro Bolsters French Presence with Appointment of Special Advisor Inès de Dinechin
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eToro Forex Broker Launches App for Apple and Meta Headsets
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eToro Shifts Focus to Potential Public Listing Post-SPAC Merger Cancellation
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Unlock Your Crypto Journey: $10 Welcome Bonus Awaits at eToro
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eToro to Restrict Crypto CFDs Trading in France and Australia
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AvaTrade Focuses on Spain's Expansion by Introducing Barrier Options
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AvaTrade and the UAE Pro League Establish Strategic Sponsorship
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AvaTrade Extends Partnership with Aston Martin F1 Team
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See More Related eToro News
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See More Related AvaTrade News
Article
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Diversify Your Trades with eToro's Smart Portfolios
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Experience Trading Like a Pro with eToro's ProCharts
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How to Deposit and Withdraw in AvaTrade
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How to Deposit and Withdraw in eToro
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eToro App Review: Building Your Portfolio on the Go
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Elevate Your Trading with Free AvaTrade Guardian Angel
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An Insightful Overview of AvaTrade Copy Trading Platforms
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AvaTrade Free Course: a Way to Master Trading Skills
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Revealing the Opportunity to Invest in Netflix with eToro
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See More Related eToro Article
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- 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, eToro provides their pricing with Fixed spread while AvaTrade offers Fixed spread.
eToro vs AvaTrade: 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, eToro enables trading with eToro Platform, eToro Mobile Trader, Social trading, Web. The offer is supported with One-click trading. In comparison, AvaTrade provides trading with MetaTrader 4 (Limited with 21 days), MetaTrader 5 (Limited with 21 days of inactivity), AvaOption (Limited with 21 days of inactivity), AvaTradeGO (Limited with 21 days of inactivity), Web, Social trading, ZuluTrade with the support of One-click trading, Trailing stop, Pending orders.
Is eToro or AvaTrade 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, eToro supports trading with Forex, Gold & silver, CFD, Stocks, Indexes, Soft commodities, Metals, ETF, Crypto, Oil, while AvaTrade presents the ability of trading with Forex, Gold & silver, Oil, Stocks, Futures, Indexes, Agriculture, Metals, Energies, Bonds, Spread betting, Crypto, etf, Commodities, CFD.
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 eToro and AvaTrade:
- Compare eToro vs easyMarkets
- Compare eToro vs Vantage Markets
- Compare eToro vs MTrading
- Compare AvaTrade vs Grand Capital
- Compare AvaTrade vs Orbex
- Compare AvaTrade vs JustMarkets
For more comparisons, visit this page.