Avatrade vs eToro

AvaTrade vs eToro Comparison Table 2023
AvaTrade	eToro
Review 4.9	Review 4.1
Traders from US not accepted	Traders from US not accepted
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4, MT5, Web Trader, Mobile App, Vanilla Options and Social Trading. 1250+ financial instruments, educational content and multi-language customer support active 24/7. 20% welcome bonus available in allowed countries.	eToro is a multi-asset platform which offers both investing in stocks and cryptoassets. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 79% of retail accounts lose money.
	79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
Bonus Offer
Welcome bonus 20% up to 10.000$
Comment by Reviewer
"AvaTrade is an excellent broker for traders of all experience levels. Beginners benefit from high-quality education, social trading and a low minimum deposit. 1000+ tradable instruments and powerful proprietary software also make AvaTrade suitable for seasoned traders."	"eToro is a great pick for traders who want to trade CFDs with copy trading and other social features"
Pros
Regulated, award-winning, established and safe Superior trading platforms including MetaTrader Great educational and research resources Low spreads and zero commissions Expert Advisors (EAs) supported Plenty of free payment methods AvaSocial app for copy trading Easy and fast to get started Excellent customer support	25M+ user community $10 minimum deposit Cryptocurrency trading Top-rated copy trading app
Cons
Some withdrawal methods are slow Inactivity fee after three months	No welcome bonuses No MetaTrader 4 or MetaTrader platforms
Awards
Best Overall Broker 2022 - DayTrading.com Best Trading App 2021 - DayTrading.com Best Forex Broker 2019 - DayTrading.com	Best of Show Award 2012 - Finovate Europe Most Innovative Trading Platform 2010 - World Finance Awards Best Trading Software 2011 - World Finance Awards
Instruments
Stocks, Options, CFD, Forex, Crypto, Volatility Index	Crypto
Demo Account
Yes	Yes
Minimum Deposit
$100	$10
Payment Methods
Boleto Credit Card Debit Card FasaPay JCB Card Mastercard MoneyGram Neteller Perfect Money Skrill Swift WebMoney Western Union Wire Transfer	Automated Customer Account Transfer Service Bitcoin Payments Debit Card Ethereum Payments iDeal Klarna Maestro Neteller Payoneer POLi Rapid Transfer Skrill Sofort Swift Visa Wire Transfer
Minimum Trade
$.01	$10
Regulator
CBoI, ASIC, FSA, FSCA, FSB	FCA, CySEC, ASIC, FSA
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	Yes
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	Yes
Robo Advisor
No	Yes
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS and Android	iOS, Android & Windows
Auto Trading
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5	Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
Yes	Yes
Copy Trading Platform
AvaTrade not only offers a proprietary platform, but also a selection of social and copy trading systems, including its own AvaSocial app, along with MetaTrader suites. There is also the popular web-based platforms, DupliTrade and ZuluTrade, which are both easy-to-use and suit novices and experts alike.	One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	Yes
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD	USD
Stock Exchanges
Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq Russell 2000 Shanghai Stock Exchange SIX Swiss Exchange Shenzhen Stock Exchange Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Taiwan Stock Exchange
Commodities
Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Lithium Natural Gas Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Iron Lead Lithium Livestock Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
AvaTrade offers leveraged CFD trading on a range of asset classes spanning stocks, indices, commodities, bonds, crypto, and ETFs. Traders can speculate on rising and falling prices with low fees and stable platforms in a highly regulated trading environment.	eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets.
Leverage
1:400
FTSE Spread
0.5 pt	1.5 pt
GBPUSD Spread
1.0 var	2 pips
Oil Spread
0.02	5 pts
Stocks Spread
0.13 Abv Market	0.24% Var
Forex Trading
AvaTrade offers 50+ currency pairs and their spreads are some of the best among any broker. You can trade majors, minors and exotics around the clock with zero commissions.	eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app.
Forex App
AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.	eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
GBPUSD Spread
1.0 var	2 pips
EURUSD Spread
0.7 var	1.5 pips
EURGBP Spread
1.7 var	1.5 pips
Assets
50+	49
Currency Indices
USD	USD
Cryptocurrency
Regulated in five continents, AvaTrade offers a secure way to access crypto markets. They offer a great range of digital currencies, very tight spreads, and 1:2 leverage. [Not available in Canada]	eToro leads the way in cryptocurrency trading. The lowest spreads (from 0.75% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply..
Spread
BTC 1% ETH 2%	BTC <1%, ETH 2%
Coins
BCH BTC BTG ETH LTC XRP EOS DASH	BTC ETH BCH XRP DASH LTC ETC ADA MIOTA XLM EOS NEO ZEC BNB VET
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
	79% of retail investor accounts lose money when trading with this provider. You should consider whether you can afford to take the high risk of losing your money.
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