Compare InstaForex Vs eToro: Which is the Better Forex Broker in 2024?
InstaForex 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 InstaForex Vs eToro, here is the direct comparison:
Compare | InstaForex | eToro |
General Rating |
2.23/5 |
3.66/5 |
Score | ||
Trustpilot |
3.0/5 322 users |
4.3/5 22304 users |
πΌ Regulation | ||
β Info | ||
β Established | 2007 | 2007 |
π² Min Deposit | $1 | $200 |
β Max Leverage | 1:1000 | 1:400 |
π’ Spread | Fixed | Fixed |
πΈ Commissions | $30 | |
π‘ Min Position | 0.0001 lot | 0.1 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO | WebMoney, PayPal, Skrill, Wire transfer, Credit/debit cards, YooMoney, 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, Azerbaijani, Bulgarian, Czech, German, English, Spanish, Indonesian, Italian, Japanese, Georgian, Lithuanian, Latvian/Lettish, Malay, Dutch, Polish, Portuguese, Russian, Slovak, Turkish, Ukrai | Arabic, German, English, Spanish, Finnish, French, Hungarian, Italian, Dutch, Norwegian, Polish, Portuguese, Romanian, Russian, Swedish, Chinese |
πͺ Trade Now | Open InstaForex | Open eToro |
Compare Again
Testimonials
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InstaForex: Hi, I have been trading with InstaForex since last Christmas....
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InstaForex: I noticed that InstaForex also accept cash deposit as well...
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InstaForex: I have experienced smooth trading experiments with this broker. Although...
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InstaForex: I just start trading with this broker and so far...
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InstaForex: InstaForex is one of few brokers that actually keep their...
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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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See More InstaForex Testimonials
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See More eToro 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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Forex Broker InstaForex Awarded the Best Forex Broker in LatAm
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Unlock Your Fortune: InstaForex Presents the Grand Choice Contest
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Join InstaForex Trade Wise Campaign, Win Apple
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See More Related InstaForex News
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See More Related eToro 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 eToro
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eToro App Review: Building Your Portfolio on the Go
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How to Deposit and Withdraw in InstaForex
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Revealing the Opportunity to Invest in Netflix with eToro
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InstaForex App Review: Trade Forex Like a Pro on Your Phone
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How to Open Account in eToro
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How to Verify Your InstaForex Account
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See More Related InstaForex Article
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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, InstaForex provides their pricing with Fixed spread while eToro offers Fixed spread.
InstaForex 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, InstaForex enables trading with MetaTrader 4, MetaTrader 5, Web, Social trading. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, eToro provides trading with eToro Platform, eToro Mobile Trader, Social trading, Web with the support of One-click trading.
Is InstaForex 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, InstaForex supports trading with Forex, Gold & silver, CFD, Binary options, Crypto, Oil, Indices, Stock, Commodities, 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 InstaForex and eToro:
- Compare InstaForex vs XM
- Compare InstaForex vs FxPro
- Compare InstaForex vs HF Markets
- Compare eToro vs Blaze Markets
- Compare eToro vs Vantage Markets
- Compare eToro vs Pepperstone
For more comparisons, visit this page.