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 is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
  2. Just2Trade - Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
  3. Kwakol Markets - Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of asset classes are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.

Detailed Comparison

Alternatives to eToro 2023
Feature eToro IG Group Just2Trade Kwakol Markets
4.1
4.4
3.5
4.5
Bonus Up to $2,000 for professional accounts
Instruments Crypto CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 $0 $100 $1
Payment Methods
  • Debit Card
  • iDeal
  • Klarna
  • Neteller
  • POLi
  • Rapid Transfer
  • Skrill
  • Sofort
  • Swift
  • Visa
  • Wire Transfer
  • Credit Card
  • Debit Card
  • Mastercard
  • PayPal
  • Visa
  • Wire Transfer
  • AstroPay
  • Bitcoin Payments
  • Cashu
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Giropay
  • iDeal
  • Klarna
  • Mastercard
  • Neteller
  • PayPal
  • Paysafecard
  • POLi
  • Przelewy24
  • Skrill
  • Trustly
  • UnionPay
  • Visa
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Wire Transfer
Minimum Trade $10 0.01 Lots 0.01 Lots 0.01 Lots
Trading Platforms
  • TradingCentral
  • MT4
  • AutoChartist
  • TradingCentral
  • MT4
  • MT5
  • TradingCentral
  • MT4
  • MT5
  • AutoChartist
Regulator FCA, ASIC, CySEC, FSA FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA CySEC, NFA, FINRA, Bank of Russia ASIC, FINTRAC
Margin Trading Yes Yes Yes Yes
Margin Rate 1% 2.5%
STP Account Yes No Yes Yes
ECN Account Yes No Yes Yes
DMA Account No Yes Yes No
MAM Account No No No No
PAMM Account No No Yes No
LAMM Account No No No No
Demat Account No No No No
AI / Machine Learning Yes No No No
Robo Advisor No Yes Yes 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 & Android iOS & Android
Auto Trading Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do. Expert Advisors (EAs) on MetaTrader, build your own on ProRealTime Lime Financial Expert Advisors (EAs) on MetaTrader
Copy Trading Yes No Yes Yes
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. Copy trading on crypto trades only. Copy other traders with a $100 starting payment. You only pay a commission on winning trades. Just2Trade ranks the top strategies and provides good insights into the number of subscribers, fees and monthly yields. Kwakol Invest offers straightforward copy trading, connecting newbies with experienced traders. The leaderboard makes it easier to find suitable strategy providers with insights into the number of followers, total returns and more. You also only pay a fee on profitable positions.
Social Trading Yes No Yes No
Trade Signals Yes Yes Yes - by subscription
VPS Hosting No Yes No No
Tournaments No No No Yes
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 $12 $15 $10
Islamic Account Yes No Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • ZAR
  • SEK
  • DKK
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • RUB
  • USD
Stock Exchanges
  • 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
  • Taiwan Stock 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
  • Korean Stock Exchange
  • London Stock Exchange
  • National Stock Exchange Of India
  • Russell 2000
  • S&P 500
  • Shanghai Stock Exchange
  • Shenzhen Stock Exchange
  • SIX Swiss Exchange
  • Tadawul
  • Taiwan Stock Exchange
  • Toronto Stock Exchange
  • Borsa Italiana
  • Euronext
  • Hong Kong Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • Toronto Stock Exchange
  • Dow Jones
  • Euronext
  • Hong Kong Stock Exchange
  • London Stock Exchange
  • Nasdaq
  • New York Stock Exchange
  • S&P 500
  • Taiwan Stock Exchange
Commodities
  • Aluminium
  • Cannabis
  • Cocoa
  • Coffee
  • Copper
  • Corn
  • Cotton
  • Gasoline
  • Gold
  • Iron
  • Lead
  • Lithium
  • Livestock
  • Nickel
  • Oil
  • Palladium
  • Platinum
  • Precious Metals
  • Silver
  • Soybeans
  • Sugar
  • Wheat
  • Aluminium
  • Cannabis
  • Coffee
  • Copper
  • Gold
  • Iron
  • Lithium
  • Natural Gas
  • Nickel
  • Oil
  • Orange Juice
  • Palladium
  • Precious Metals
  • Silver
  • Soybeans
  • Steel
  • Sugar
  • Wheat
  • Gold
  • Oil
  • Palladium
  • Platinum
  • Silver
  • Copper
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
  • Silver
CFD Trading Trade CFDs on over 3,000 assets and enjoy rich market data through integrated TradingView charts. There is also comprehensive free learning tools via the eToro Academy, ideal for beginners. Fees are low and leverage is in line with regulatory requirements, helping to provide a secure trading environment. IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience. With CFDs on 20+ Polish and 30+ US stocks, as well as energies and seven global stock indices covering US, UK, European, Australian and Japanese markets, Just2Trade offers a superb selection of global assets. CFDs are available on a breath of underlying assets, including stocks, indices, commodities, forex and cryptos. High leverage up to 1:500 is available alongside a 0.01 minimum lot size and award-winning software. For the tightest spreads from 0 pips, opt for the Premium account.
Leverage 1:30 (Retail), 1:250 (Pro) 1:20 1:1000
FTSE Spread 1.5 pt 1.0 0.0 From 0.8 pips (Standard Account)
GBPUSD Spread 2 pips 0.9 0.0 From 0.8 pips (Standard Account)
Oil Spread 5 pts 2.8 0.0 From 0.8 pips (Standard Account)
Stocks Spread 0.24% Var 0.02 Variable From 0.8 pips (Standard Account)
Forex Trading An impressive selection of 52 currencies are tradeable on eToro's proprietary platform and app. Traders can also continuously hone their forex strategies by switching between demo mode and their live account any time. IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime. Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively. Execution speeds are also faster than most competitors at 50ms, which will appeal to active forex day traders. Kwakol Markets offers a wider range of forex pairs than most competitors, with 90+ assets available. Users get fast execution speeds through the ECN model and competitive spreads. On the negative side, not all currency pairs are available on MT4.
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.

GBPUSD Spread 2 pips 0.9 0.0 From 0.8 pips (Standard Account)
EURUSD Spread 1.5 pips 0.8 0.0 From 0.8 pips (Standard Account)
EURGBP Spread 1.5 pips 0.9 0.0 From 0.8 pips (Standard Account)
Assets 49 80+ 50+ 90+
Crypto Trading eToro leads the way in cryptocurrency trading. The lowest spreads (from 1% 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. 11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs. Traders can speculate on a modest selection of the largest cryptos by market cap including Bitcoin. On the downside, crypto trading is only available to clients from Asia which is more restrictive than many alternatives. Trade cryptos against fiat currencies, other cryptocurrencies and metals like gold. This separates the broker from many alternatives that only offer cryptos paired with the USD. High leverage up to 1:20 on cryptos is available, plus support for Expert Advisors and copy trading.
Crypto Spread BTC 1%, ETH 2% Variable From 0.1% From 0.8 pips (Standard Account)
Crypto Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
  • BTC
  • BCH
  • LTC
  • ETH
  • ADA
  • DOT
  • DOGE
  • LINK
  • UNI
  • XLM
  • BTC
  • ETH
  • USDT
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
Crypto Lending No No No No
Crypto Mining No No No No
Crypto Staking No No No No
Crypto Auto Market Maker No No No No
74% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Forex trading involves risk. Losses can exceed deposits.