Interactive Brokers vs eToro

Interactive Brokers vs eToro Comparison Table 2023
Interactive Brokers	eToro
Review 4.3 Interactive Brokers is #12 in our CFD broker rankings.	Review 4.1
Traders from US accepted	Traders from US not accepted
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only.	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
	"eToro is a great pick for traders who want to trade CFDs with copy trading and other social features"
Pros
	25M+ user community $10 minimum deposit Cryptocurrency trading Top-rated copy trading app
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
Instruments
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants	Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10000	$10
Payment Methods
ACH Transfer Apple Pay Automated Customer Account Transfer Service Cheque Credit Card Google Wallet JCB Card Mastercard Payoneer Samsung Pay Wire Transfer	Automated Customer Account Transfer Service Bitcoin Payments Debit Card Ethereum Payments iDeal Klarna Maestro Neteller Payoneer POLi Rapid Transfer Skrill Sofort Swift Visa Wire Transfer
Minimum Trade
$100	$10
Regulator
SEC, FCA, IIROC, SFC	FCA, CySEC, ASIC, FSA
Margin Trading
Yes	Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No	No
MetaTrader 5
No	No
cTrader
No	No
AlgoTrader
Yes	No
OmniTrader
Yes	No
TradingView
No	No
Autochartist
No	No
eSignal
Yes	No
Trading Central
Yes	Yes
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
Yes	No
MAM Account
Yes	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
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS, Android and Windows	iOS, Android & Windows
Auto Trading
	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
	Yes
VPS Hosting
No	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
No	Yes
Account Currencies
USD EUR GBP CAD AUD INR JPY SEK NOK DKK CHF HUF	USD
Stock Exchanges
Borsa Italiana CAC 40 Index France Chicago Mercantile Exchange Euronext IBEX 35 Japan Exchange Group Korean Stock Exchange London Metal Exchange London Stock Exchange Nasdaq Nasdaq Nordic & Baltics New York Stock Exchange Russell 2000 Shenzhen Stock Exchange Toronto Stock Exchange	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange National Stock Exchange Of India New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Taiwan Stock Exchange
Commodities
Aluminium Gold Lead Natural Gas Precious Metals Soybeans Zinc	Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Iron Lead Lithium Livestock Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat
CFD Trading
	eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets.
Leverage
1:50
FTSE Spread
0.005% (£1 Min)	1.5 pt
GBPUSD Spread
Commission (.20 pts x trade value)	2 pips
Oil Spread
N/A	5 pts
Stocks Spread
From 0.003 per share, variable	0.24% Var
Forex Trading
	eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app.
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
Commission (.20 pts x trade value)	2 pips
EURUSD Spread
Commission (.20 pts x trade value)	1.5 pips
EURGBP Spread
Commission (.20 pts x trade value)	1.5 pips
Assets
70+	49
Currency Indices
	USD
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..
Spread
	BTC <1%, ETH 2%
Coins
BTC LTC ETH 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

Review	Review
	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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