eToro vs Futu

eToro vs Futu Comparison Table 2024
eToro Futu
4.1
2.7

eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 76% of retail accounts lose money.

Futu is a NASDAQ-listed brokerage established in 2012. The fintech firm offers multi-asset trading opportunities on two proprietary platforms; Futubull and moomoo. Futu holds licenses with 20+ authorities including the ASIC, NFA and SFC. An impressive 15 million customers trade with Futu.

Customer Reviews
4
Comment by Reviewer
"eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers." "Futu is best for investing in Hong Kong, Chinese and US stock markets with transparent pricing. The broker is trustworthy with strong regulatory oversight and multiple awards."
Pros
  • The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat
  • The broker's services are great for beginners, with commission-free stock trading, a low minimum deposit and an unlimited demo
  • Charts are powered by TradingView and offer strong technical analysis features, including 9 chart types and over 100 indicators
  • There's a comprehensive online training academy with accessible resources, from bitesize articles to comprehensive courses
  • eToro has bolstered its investment offering, most recently with new crypto assets, now offering over 90 digital currencies
  • The web platform and mobile app perform better in user reviews and app rankings than top competitors, including AvaTrade
  • Top copy traders can receive annual payments up to 1.5% of assets under copy in the broker's Popular Investor Program
  • Exciting investment portfolios are available covering traditional market trends as well as tech, crypto and more
  • eToro is a world-renowned brand with top-tier global regulation and a 25M+ user community
  • Reputable brokerage listed on the NASDAQ and registered with tier-one regulators
  • Extensive list of investments including stocks, options, ETFs, warrants, bonds and IPOs
  • Transparent pricing model with no commission fees to trade HK stocks & ETFs and free market data
  • Easy-to-use proprietary trading platform with desktop software, browser compatibility and a mobile app
  • Regulated worldwide with segregated client funds, ISO27001 security credentials and investor compensation schemes
  • Investor backing from several corporations including Tencent Holdings
  • NiuNiu community-based platform with NiuNiu Classroom education access
  • Pre-IPO trading hours access
Cons
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners
  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital
  • Traders will face currency conversion fees for account denominations other than USD
  • There are limited contact methods aside from the in-platform live chat
  • Limited number of payment methods with no e-wallets such as Skrill, Neteller or PayPal
  • High minimum deposit requirement of HKD 10,000 or USD 1,500
  • No live chat support available
  • Forex trading not available
  • No MT4 or MT5 access
Awards
  • Best Cryptocurrency Trading Platform 2022 - Finder
  • Education Materials/Program 2022 - Investment Trends
  • Best Copy Trading Platform 2021 - Ultimate Fintech Awards
  • Best Multi-Asset Trading Platform 2021 - Ultimate Fintech Awards
  • Best Stockbroker 2021 - Ultimate Fintech Awards
  • Best Social Trading Platform 2019 - ADVFN International Financial Awards
  • HKEX - Business Innovation Information Vendors 2017
  • HKEX - Rising Information Vendor of the Year 2016
  • KPMG - China Leading Fintech 50 (2017/2016)
  • Bloomberg - Best Online Broker 2017
  • CB Insights - CB Insights’ Fintech 250 (2018/2017)
Instruments
CFDs, Forex, Stocks, ETFs, Cryptos, Futures, Commodities, Bonds Stocks, ETFs, IPOs, CBBCs, iBonds, Options, Warrants
Demo Account
Yes Yes
Minimum Deposit
$50 $1500
Trading Platforms
  • eToro Web
  • CopyTrader
  • TradingCentral
  • Own
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
FCA, ASIC, CySEC, FSA, FSRA, MFSA SFC
Margin Trading
Yes Yes
Margin Rate
1% 4.8% - 8.8%
STP Account
Yes No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
App Review

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.

Android App Rating
4
iOS App Rating
4.8
Auto Trading
Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
Yes No
Copy Trading Platform
eToro continues to deliver one of the best proprietary copy trading platforms on the market, at no additional cost for eToro clients. The web-based platform features a user-friendly and interactive layout and also comes with a community chat, making it a stand-out choice for beginners.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10
Islamic Account
Yes No
Account Currencies
  • USD
Stock Exchanges
Commodities
CFD Trading
You can trade CFDs on over 3,000 assets and access rich market data through the integrated TradingView charts. There are also comprehensive free learning tools available for beginners via the eToro Academy, including dedicated CFD trading courses and guides. CFD trading not offered
FTSE Spread
1.5
GBPUSD Spread
1.9
Oil Spread
0.05
Stocks Spread
0.57 (Apple)
Forex Trading
An above-average selection of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during peak hours. Aspiring traders can continuously hone their forex strategies by switching between demo mode and their live account any time, with full access to the broker's 100+ technical indicators. Forex trading not offered
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.

GBPUSD Spread
1.9
EURUSD Spread
0.9
EURGBP Spread
1.3
Assets
55
Currency Indices
  • USD
Cryptocurrency
eToro leads the way in cryptocurrency trading, offering competitive spreads and a fixed 1% commission, plus their own wallet service. The broker offers a vast list of 95+ tokens which is continually being updated. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Crypto trading not offered
Spread
BTC 1%
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • API3
  • CRO
  • SKL
  • IMX
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • TRX
  • ZEC
  • BNB
  • XTZ
  • DOT
  • MKR
  • COMP
  • LINK
  • UNI
  • YFI
  • DOGE
  • AAVE
  • FIL
  • ALGO
  • ATOM
  • MANA
  • APE
  • LRC
  • ENJ
  • BICO
  • BAT
  • BNT
  • OGN
  • MATIC
  • FLR
  • GALA
  • ALICE
  • CHZ
  • HBAR
  • DYDX
  • SOL
  • THETA
  • FTM
  • GRT
  • 1INCH
  • CRV
  • ANKR
  • OXT
  • REN
  • SNX
  • STORJ
  • ZRX
  • CELO
  • SUSHI
  • QNT
  • BAL
  • FET
  • SHIBxM
  • AMP
  • AXS
  • SGB
  • CTSI
  • ENS
  • UMA
  • LUNC
  • FTT
  • SRM
  • LPT
  • KNC
  • ARB
  • RNDR
  • OP
  • LDO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
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