Forex.com vs eToro

Forex.com vs eToro Comparison Table 2023
Forex.com eToro
4.5

Forex.com is #1 in our CFD broker rankings.

4.1
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.

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.

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.
Comment by Reviewer
"Forex.com is excellent for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score." "eToro is a great pick for traders who want to trade CFDs with copy trading and other social features"
Pros
  • Top-rated forex and CFD broker
  • The broker’s parent company, StoneX, is listed on the NASDAQ
  • Thousands of assets are available from currencies to stocks, indices and commodities
  • Leading trading tools, including Trading Central, SMART Signals and MetaTrader 4
  • Multiple account currencies including USD, EUR and GBP
  • Industry-leading pricing on popular forex assets
  • Up to 15% cashback rebates for active traders
  • VPS hosting for automated strategies
  • Free demo account for beginners
  • Fast order execution speed
  • TradingView integration
  • Low minimum deposit
  • 25M+ user community
  • $10 minimum deposit
  • Cryptocurrency trading
  • Top-rated copy trading app
Cons
  • $15 inactivity fee
  • No copy trading tool
  • Tools and platform access varies between countries
  • No welcome bonuses
  • No MetaTrader 4 or MetaTrader platforms
Awards
  • Best CFD Broker 2022 - Rankia
  • Best HNW Service 2022 - Dubai Forex Expo
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
  • Best of Show Award 2012 - Finovate Europe
  • Most Innovative Trading Platform 2010 - World Finance Awards
  • Best Trading Software 2011 - World Finance Awards
Instruments
Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 $10
Payment Methods
Minimum Trade
$1 $10
Regulator
CySEC, IIROC, NFA, CFTC, FCA, CIMA, CIRO FCA, CySEC, ASIC, FSA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
Yes No
eSignal
Yes No
Trading Central
Yes Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android & Windows
Auto Trading
Automated trading supported through platforms (MT4) Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
No 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.
Social Trading
No Yes
Trade Signals
SMART Signals Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • CHF
  • USD
Stock Exchanges
Commodities
CFD Trading
Go long and short on a range of popular financial markets with intuitive platforms and reliable execution. 99.76% of trades are executed in less than a second with an average speed of 0.02 seconds. eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets.
Leverage
1:200
FTSE Spread
1 pt 1.5 pt
GBPUSD Spread
1.0 Var 2 pips
Oil Spread
0.04 Var 5 pts
Stocks Spread
0.1% (Min Commission Applies) 0.24% Var
Forex Trading
Forex.com is a leading FX broker. The brand offers a huge range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.2 with a $5 commission per $100k. eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app.
Forex App

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

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
1.0 Var 2 pips
EURUSD Spread
0.8 Var 1.5 pips
EURGBP Spread
0.8 Var 1.5 pips
Assets
80+ 49
Currency Indices
  • USD
Cryptocurrency
Trade major cryptos against USD, EUR, GBP and AUD. All traded with tight spreads. No virtual wallet is required, just a trading account. Cryptos are not available in the US, UK or Canada. 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..
Spread
BTC 1.4%, ETH 2% BTC <1%, ETH 2%
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • ETH
  • BCH
  • XRP
  • DASH
  • LTC
  • ETC
  • ADA
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • BNB
  • VET
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No Yes
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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