eToro vs FXTM

eToro vs FXTM Comparison Table 2023
eToro FXTM
WINNER
eToro is the better broker
4.1
4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

FXTM is a top-rated forex and CFD broker. Offering 1000+ markets and three account types, they cater to all levels of trader.

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.
Pros
  • 25M+ user community
  • $10 minimum deposit
  • Cryptocurrency trading
  • Top-rated copy trading app
  • Copy trading
  • Demo account
  • Low minimum deposit
  • MT4 & MT5 integration
  • Strong regulatory oversight
Cons
  • No welcome bonuses
  • No MetaTrader 4 or MetaTrader platforms
Awards
  • Best of Show Award 2012 - Finovate Europe
  • Most Innovative Trading Platform 2010 - World Finance Awards
  • Best Trading Software 2011 - World Finance Awards
  • Best Trading Experience 2021 - World Finance Awards
  • Best Online Leveraged Trading Services 2021 - Global Business Awards
  • Best Forex Education Partner Nigeria 2021 - World Business Outlook
  • Best Trading Experience 2020 - World Finance Awards
  • Best ECN Broker 2020 - DayTrading.com
Bonus
30% up to $100 via Exinity Ltd
Instruments
Crypto Forex, CFDs, indices, commodities, stocks
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Payment Methods
Minimum Trade
$10 0.01 lots
Regulator
FCA, CySEC, ASIC, FSA CySEC, FCA, FSCA, FSC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No Yes
eSignal
No No
Trading Central
Yes No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS, Android & Windows
Auto Trading
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do. Yes, via FXTM Invest or EAs
Copy Trading
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. FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10 $5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • PLN
  • CZK
  • NGN
Stock Exchanges
Commodities
CFD Trading
eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets. Use leveraged CFDs to speculate on the price of a wide range of popular financial markets.
Leverage
1:30 EU, 1:200 Global
FTSE Spread
1.5 pt 1.3 pts
GBPUSD Spread<
2 pips 0.3 (var)
Oil Spread
5 pts 9 pts (var)
Stocks Spread
0.24% Var 0.1% Var
Forex Trading
eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app. FXTM offer forex trading on a huge range of currency pairs. Spreads can be as low as 0.1 with the ECN account types.
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.

FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, MT4 is a formidable trading tool. The app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.

GBPUSD Spread
2 pips 0.3 (var)
EURUSD Spread
1.5 pips 0.1 (var)
EURGBP Spread
1.5 pips 0.2 (var)
Assets
49 50+
Cryptocurrency
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.. Crypto trading not offered
Spread
BTC <1%, ETH 2% Variable
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
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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