Your capital is at risk. Trade only with funds you can afford to lose.
eToro
#12 in our CFD broker rankings
Accepts traders from Moldova
55% 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. 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.
Rating breakdown
- Regulation & trust4.3same as Trade Nation (4.3)
- Assets & markets3.80.1 higher than Trade Nation (3.7)
- Fees & costs3.40.9 lower than Trade Nation (4.3)
- Platforms & tools2.81.1 lower than Trade Nation (3.9)
- Accounts & banking4.10.1 lower than Trade Nation (4.2)
- Education4.00.2 lower than Trade Nation (4.2)
- Research4.30.4 higher than Trade Nation (3.9)
- Customer support2.52.4 lower than Trade Nation (4.9)
Trade Nation’s score. Numbers show the difference.
Trade Nation
#6 in our CFD broker rankings
Accepts traders from Moldova
84% of retail investor accounts lose money when trading CFDs with this provider.
Rating breakdown
- Regulation & trust4.3same as eToro (4.3)
- Assets & markets3.70.1 lower than eToro (3.8)
- Fees & costs4.30.9 higher than eToro (3.4)
- Platforms & tools3.91.1 higher than eToro (2.8)
- Accounts & banking4.20.1 higher than eToro (4.1)
- Education4.20.2 higher than eToro (4.0)
- Research3.90.4 lower than eToro (4.3)
- Customer support4.92.4 higher than eToro (2.5)
eToro’s score. Numbers show the difference.
| eToro | Trade Nation | |
|---|---|---|
| Overview | 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. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. 55% of retail CFD accounts lose money. | Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas. |
| Customer Reviews | Based on 3 customer reviews | Based on 1 customer reviews |
| Trustpilot Score | ||
| Bonus Offer | Get A Free Stock Worth $50 | – |
| Promotions | – | |
| 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.” | “Trade Nation suits discretionary traders who want to speculate on major indices like the US 500 or liquid FX pairs, and want the predictable all-in costs of fixed spreads. In tests, we found the fixed-spread TN Trader environment particularly useful for trading around scheduled economic releases owing to its reliable charting environment and because published spreads stayed capped.” |
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| Instruments | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs | CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only) |
| Demo Account | Yes | Yes |
| Minimum Deposit | $50 | $0 |
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| Minimum Trade | $10 | 0.1 Lots |
| Regulator | FCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC | FCA, ASIC, CMVM , FSCA, SCB, FSA |
| Margin Trading | Yes | Yes |
| Margin Rate | 6.40% | – |
| STP Account | Yes | Yes |
| 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 | Yes |
| Market Maker | Yes | Yes |
| 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. | – |
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| Auto Trading | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | Yes |
| 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. The latest 'Live Trades' feature also offers real-time insights into the securities being bought by the platform's popular investors. | Trade Nation Seychelles offers signals and copy trading. These are attractive options for beginners and those looking to a hands-off approach to online trading. You can leverage the expertise of seasoned traders to speculate on popular financial markets, including forex, stocks and commodities. |
| Social Trading | Yes | No |
| Trade Signals | Yes | 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 | $0 |
| Islamic Account | Yes | Yes |
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| Overview | 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. | Trade leveraged CFDs on over 1000 assets with low-cost spreads. You can also take advantage of the broker's integrated signals to help you determine when to enter and exit positions. |
| Leverage | 1:30 EU | 1:30 (FCA, CMVM, ASIC), 1:200 (FSCA, SCB), 1:500 (FSA) |
| FTSE Spread | 1.5 | From 0.4 |
| GBPUSD Spread | 1.9 | From 0.6 |
| Oil Spread | 0.05 | From 3.0 |
| Stocks Spread | 0.57 (Apple) | Variable |
| Forex Trading | ||
| Overview | An above-average selection of 55 currencies are available with reasonable spreads averaging 1.0 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. | Trade Nation offers over 30 of the most popular forex pairs with variable spreads. Traders can access a slick proprietary platform or MetaTrader 4, with real-time forex market updates and insights via 'Smart News'. |
| GBPUSD Spread | 1.9 | Variable |
| EURUSD Spread | 1.0 | Variable |
| EURGBP Spread | 1.3 | Variable |
| Assets | 55 | 33 |
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| Cryptocurrency | ||
| Overview | 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 100+ tokens which is continually being updated, including 29 new tokens in April 2025, from AI to memecoins. It also brought in crypto staking in 2025, allowing users to earn rewards for HODLing digital assets. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. | Cryptocurrencies are available through the broker's Bahamas entity. Traders can access thousands of indicators to tailor their crypto trading strategies and there are no hidden charges. |
| Spread | BTC 1% | Fixed |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | Yes | No |
| Auto Market Maker | No | No |
55% 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. 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.
84% of retail investor accounts lose money when trading CFDs with this provider.