eToro vs PrimeXBT

eToro vs PrimeXBT Comparison Table 2023
eToro PrimeXBT
4.1
4.1
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

eToro is a top-rated multi-asset platform which offers both investing in 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. 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. 76% of retail accounts lose money.

PrimeXBT is a multi-asset platform offering highly leveraged trading in forex, indices, commodities and cryptocurrencies. The company launched in 2018 and now has over 1 million users from more than 150 countries. With no minimum deposit, copy trading features and low commissions, the broker has become popular among new and experienced traders.

76% 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.
Bonus Offer
$100 Deposit Bonus
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Comment by Reviewer
"eToro is a great pick for traders who want to trade CFDs with copy trading and other social investing features. The brand is hugely respected with a string of awards and strong regulatory oversight." "PrimeXBT is great for investors looking to buy and trade derivatives on a wide range of cryptocurrencies. The brand is also a good pick for newer investors looking for copy trading."
Pros
  • 25M+ user community
  • Interest up to 5.35% on idle funds
  • Industry-leading copy trading app
  • Commission-free stock trading
  • Islamic/Halal-friendly account
  • Good user reviews and app rankings
  • Low minimum deposit requirement
  • Multiple orders including take profits
  • Digital wallet with multiple currencies
  • Trustworthy and award-winning company
  • Comprehensive online training academy
  • Demo account with access to virtual funds
  • Excellent platform and app which provide access to a mix of traditional and digital assets
  • High trust score with a secure track record and no client funds stolen
  • The long list of cryptos available provides plenty of trading opportunities
  • Demo trading competitions with cash prizes
  • Easy-to-use copy trading tool
Cons
  • Fee to withdraw revenue
  • Limited contact methods
  • No guaranteed stop loss
  • No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms
  • Currency conversion fees for account denominations other than USD
  • BTC withdrawal fee
  • No regulatory oversight
  • No MetaTrader 4 integration
  • No telephone customer support
Awards
  • Best of Show Award 2012 - Finovate Europe
  • Most Innovative Trading Platform 2010 - World Finance Awards
  • Best Trading Software 2011 - World Finance Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
  • Most Trusted Crypto Asset Trading Platform
  • Best Crypto And Forex Broker
Instruments
Crypto CFDs, Cryptos, Forex, Indices, Commodities, Futures
Demo Account
Yes Yes
Minimum Deposit
$10 $0
Trading Platforms
  • TradingCentral
  • Own
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
FCA, ASIC, CySEC, FSA
Margin Trading
Yes Yes
Margin Rate
1%
STP Account
Yes No
ECN Account
Yes 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 Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do. Yes
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. PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals. Once you have found a suitable trader you simply need to hit 'follow' to get started.
Social Trading
Yes Yes
Trade Signals
Yes No
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$10 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
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. Trade CFDs across four asset classes with leverage up to 1:1000. Beginners can also take advantage of the broker's useful technical analysis guides and CFD education, plus 24/7 in-platform support via live chat.
Leverage
1:1000
FTSE Spread
1.5 pt Variable
GBPUSD Spread
2 pips Variable
Oil Spread
5 pts Variable
Stocks Spread
0.24% Var Variable
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. Go long or short on 50 forex pairs including the EUR/USD and GBP/USD with zero commissions. There are plenty of opportunities to buy and sell currencies via margin or copy trading.
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
2 pips Variable
EURUSD Spread
1.5 pips Variable
EURGBP Spread
1.5 pips Variable
Assets
49 45+
Currency Indices
  • USD
Cryptocurrency
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. Don’t invest unless you’re prepared to lose all the money you invest. Trade popular cryptos with commissions as low as 0.05% and high leverage up to 1:200. Another bonus is that you can join 10,000+ traders in crypto trading contests with real prizes.
Spread
BTC 1%, ETH 2% 0.05% BTC, 0.05% ETH
Coins
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • more
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
76% 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.
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