GO Markets vs eToro USA

GO Markets vs eToro USA Comparison Table 2024
GO Markets	eToro USA
Review 3.9	Review 4.1

GO Markets is an established forex and CFD broker with multiple industry awards and accolades. The ECN/STP broker is popular with budding traders, offering competitive accounts in multiple base currencies and a range of flexible payment methods. With top-tier regulation from CySEC and ASIC, GO Markets is a trusted broker.	eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
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Customer Reviews
	5 Based on 1 eToro USA customer reviews
Bonus Offer
30% cash rebate	Invest $100 and get $10
Comment by Reviewer
"GO Markets is an excellent choice for active traders with access to powerful trading tools and tight spreads from 0.0 pips. Beginners can also take advantage of the broker's copy trading tool, free demo account and education center."	"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
Pros
Rebates on FX and metals for high-volume traders No inactivity fee Copy trading service High leverage up to 1:500 No commission with the Standard account 0.01 minimum lot size and zero spreads 24/5 award-winning customer service Trading signals and market insights MetaTrader 4 and MetaTrader 5 platforms Strong regulatory oversight, including CySEC Excellent third-party analysis tools from Autochartist and Trading Central Crypto deposits available in USDT	eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC The online broker offers an intuitive social investment network with straightforward copy trading on cryptos The $10 minimum deposit and straightforward account opening process means beginners can get started quickly A free demo account means new users and prospective day traders can try the broker risk-free The broker's Academy offers comprehensive learning materials for beginners to advanced-level investors Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence
Cons
Multiple restricted countries including the US Only two account types $200 minimum deposit	There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools The proprietary terminal doesn't support trading bots and there are no additional stock market analysis tools Average fees may cut into the profit margins of day traders
Awards
No. 1 For Educational Materials, 2019-2021 - Investment Trends Australia Leverage Trading Report No. 1 For Value for Money, Spreads, Trading Ideas & Strategies and Margin Requirements, 2021 - Investment Trends Australia Leverage Trading Report
Instruments
CFDs, forex, indices, shares, energies, metals, cryptocurrencies	Stocks, Options, ETFs, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$200	$10
Trading Platforms
MT4 MT5 AutoChartist TradingCentral	eToro Trading Platform & CopyTrader
Payment Methods
Credit Card Debit Card Mastercard Neteller Skrill Visa Wire Transfer	ACH Transfer Debit Card PayPal Wire Transfer
Minimum Trade
0.01 Lots	$10
Regulator
ASIC, CySEC, FSC of Mauritius	SEC, FINRA
Margin Trading
Yes	Yes
Margin Rate
	8.33%
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Android App Rating
	4
iOS App Rating
	4.3
Auto Trading
Yes	No
Copy Trading
Yes	Yes
Copy Trading Platform
GO Markets uses the Myfxbook AutoTrade platform to provide investors with the option to copy other traders. Learn from profitable traders with straightforward risk management tools.	You can mirror the positions and strategies of up to 100 other traders with the market-leading eToro US copy trading service. Unlike many competitors, eToro gives you more control over your portfolio, allowing you to stop or pause a copied trade at any time. Pricing is also fairly competitive, with only $1 required to copy a position. eToro copy trading is for crypto only.
Social Trading
Yes	Yes
Trade Signals
Yes	No
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
$0	$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD CHF HKD SGD	USD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Japan Exchange Group Nasdaq New York Stock Exchange	Dow Jones New York Stock Exchange S&P 500
Commodities
Gold Oil Silver Wheat
CFD Trading
Access highly leveraged CFDs across forex, commodities, indices, stocks and bonds with 24/5 customer support. Build a diverse portfolio with hundreds of CFD assets.	CFD trading not offered
Leverage
1:500
FTSE Spread
1 - 2.3 points
GBPUSD Spread
0.0 - 1.5 pips
Oil Spread
Variable
Stocks Spread
Variable	$0
Forex Trading
Speculate on popular currency pairs with flexible leverage up to 1:500 and zero-pip spreads in the GO Plus account. Commission-free trading is available with micro, mini and standard forex contract sizes.	Forex trading not offered
GBPUSD Spread
0.0 - 1.5 pips
EURUSD Spread
0.0 - 1.2 pips
EURGBP Spread
0 - 1.4 pips
Assets
50+
Cryptocurrency
Take positions on leading cryptos including Bitcoin, Ethereum and Ripple. Competitive spreads are available with no hidden fees and a stable trading platform.	eToro US offers 24 tradeable cryptoassets, with just a 1% buying/selling fee added to the spread. Additionally, there are 80 different coins available through the broker’s proprietary wallet service. You can also practice your crypto strategies easily by switching between live and demo mode. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
Spread
Variable	BTC 0.75%
Coins
BTC ETH LTC XRP BCH	BTC ETH BCH DASH LTC ETC MIOTA XLM EOS NEO ZEC XTZ MKR COMP LINK UNI YFI DOGE AAVE ALGO MANA ENJ BAT MATIC FLR SHIBxM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
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