Alternatives to eToro

Here we list the best alternatives to eToro. Traders that are looking for brokers that are similar to eToro on specific features should check the detailed comparison table below.

Top 3 Alternatives to eToro

These brokers are the best alternatives to eToro that also accept traders from your location. The brokers are listed in order of similarity in terms of markets and features.
  1. IG Group - IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.
  2. InstaForex - InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading.
  3. Forex.com - Forex.com boast a global reputation. Regulated in the UK, EU, US and Canada they offer a huge range of markets, not just forex, and offer tight spreads on a cutting edge platform.

Detailed Comparison

Alternatives to eToro 2022
Feature eToro IG Group InstaForex Forex.com
4.1
4.4
4.1
4.5
Promotions
Bonus 30% - 100% Welcome Bonus
Instruments Crypto Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options Stocks, Futures, Options, CFD, Forex, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 £250 $/€1 $100
Payment Methods
  • Bitcoin Payments
  • Debit Card
  • Ethereum Payments
  • iDeal
  • Klarna
  • Maestro
  • Neteller
  • POLi
  • Rapid Transfer
  • Skrill
  • Sofort
  • Swift
  • Visa
  • Wire Transfer
  • Credit Card
  • Debit Card
  • Mastercard
  • PayPal
  • Visa
  • Wire Transfer
Bank cards plus international and local transfer solutions
  • ACH Transfer
  • Credit Card
  • Debit Card
  • Mastercard
  • Neteller
  • Skrill
  • Visa
  • Wire Transfer
Minimum Trade $10 0.1 lots 0.01 Lots $1
Regulator FCA, CySEC, ASIC, FSA FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin BVI FSC CySEC, IIROC, NFA, CFTC, FCA, CIMA
Margin Trading Yes Yes Yes Yes
MetaTrader 4 No Yes Yes Yes
MetaTrader 5 No No Yes No
cTrader No No No No
AlgoTrader No No No No
OmniTrader No No No No
TradingView No No No Yes
Autochartist No Yes No Yes
eSignal No No No Yes
Trading Central Yes Yes No Yes
STP Account Yes No No Yes
ECN Account Yes No Yes Yes
DMA Account No Yes No Yes
MAM Account No No No No
PAMM Account No No No No
LAMM Account No No No No
Demat Account No No No No
AI / Machine Learning Yes No No Yes
Robo Advisor No No No No
Negative Balance Protection Yes Yes Yes Yes
Market Maker Yes Yes No No
P2P Trading No No No No
Spot Trading Yes Yes Yes No
Mobile Apps iOS, Android & Windows iOS & Android iOS and Android + browser based platform iOS & Android
Auto Trading Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do. Yes Yes Automated trading supported through platforms (MT4)
Copy Trading Yes No Yes No
Copy Trading Platform 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. InstaForex offers a popular copy trading solution suitable for beginners.
Social Trading Yes No Yes No
Trade Signals Yes Yes SMART Signals
VPS Hosting No Yes Yes Yes
Tournaments No No Yes No
Demo Competitions No No No No
Ethical Investing Yes Yes No No
Custodial Account No No No No
Guaranteed Stop Loss No Yes No No
Inactivity Fee $10
Islamic Account Yes No Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
Stock Exchanges
  • Australian Securities Exchange
  • 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
  • S&P 500
  • Shanghai Stock Exchange
  • SIX Swiss Exchange
  • Tokyo Commodity Exchange
  • Australian Securities Exchange
  • Bombay Stock Exchange
  • Borsa Italiana
  • Deutsche Boerse
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • London Stock Exchange
  • National Stock Exchange Of India
  • S&P 500
  • Shanghai Stock Exchange
  • SIX Swiss Exchange
  • Tadawul
  • Taiwan Stock Exchange
  • Toronto Stock Exchange
  • Australian Securities Exchange
  • Borsa Italiana
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
  • DAX GER 40 Index
  • FTSE UK Index
  • Nasdaq
  • S&P 500
Commodities
  • Aluminium
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gasoline
  • Gold
  • Livestock
  • Oil
  • Palladium
  • Platinum
  • Precious Metals
  • Silver
  • Soybeans
  • Sugar
  • Wheat
  • Coffee
  • Copper
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Silver
  • Soybeans
  • Sugar
  • Wheat
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Silver
  • Cotton
  • Gold
  • Livestock
  • Oil
  • Silver
  • Soybeans
CFD Trading eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets. Trade leveraged CFDs on a variety of assets including stocks, commodities and forex Use leveraged CFDs to speculate on popular financial assets with tight spreads. Go long and short on a range of popular financial markets
Leverage 1:30 1:1000 1:200
FTSE Spread 1.5 pt 1.0 pt Av. Floating 100 pips 1 pt
GBPUSD Spread 2 pips from 0.589 pips Av. Floating 0.6 1.0 Var
Oil Spread 5 pts 2.8 pips 2 pips 0.04 Var
Stocks Spread 0.24% Var Variable Floating, commissions as low as 0.01% 0.1% (Min Commission Applies)
Forex Trading eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app. Trade a range of major, minor and exotic currencies Go long or short on a range of major and minor currency pairs with tight spreads. Forex.com are a leading FX broker. Offering a large range of currency pairs and some of the tightest spreads in the industry.
Forex App

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.

IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks.

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

GBPUSD Spread 2 pips from 0.589 pips Av. Floating 0.6 1.0 Var
EURUSD Spread 1.5 pips from 0.165 pips Av. Floating 0.2 0.8 Var
EURGBP Spread 1.5 pips from 0.540 pips Av. Floating 0.5 0.8 Var
Assets 49 90+ 1000+ 80+
Crypto Trading 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.. Trade four major cryptocurrencies paired with USD InstaForex offer crypto CFD trading on leading tokens with very low fees. Trade the major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet required, just a trading account. Note, cryptos are not available in the US or Canada.
Crypto Spread BTC <1%, ETH 2% Variable From 0% BTC 1.4%, ETH 2%
Crypto Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
  • BTC
  • BCH
  • LTC
  • ETH
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • and14more
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
Crypto Lending No No No No
Crypto Mining No No No No
Crypto Staking Yes No No No
Crypto Auto Market Maker No No No No