OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.
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 USCryptoasset 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.
Pros
Full range of investments
Low minimum deposit
Highly rated
MetaTrader 4 and 5
Copy trading
Commission-free trading
Mobile app compatibility
Negative balance protection (Within EU)
No deposit & withdrawal fees
Comprehensive educational content
Bonuses and contests available (non-EU)
High Leverage 1:500 (non-EU)
Demo account with access to unlimited virtual funds
Offers Islamic accounts
25M+ user community
$10 minimum deposit
Cryptocurrency trading
Top-rated copy trading app
Cons
Few payment methods
No global stocks trading
Zero pip spreads unavailable
The global entity is regulated offshore
Small selection of tradeable instrument
No welcome bonuses
No MetaTrader 4 or MetaTrader platforms
Awards
Most Secure Broker Indonesia 2022- International Business Magazine
Best Global Broker Asia 2022- International Business Magazine
Best Forex Broker Pakistan 2022- Global Brands
Best Forex Broker India 2022- World Finance
Best Mobile Trading Platform 2022- FXDailyInfo
Best In Class For Social Copy Trading 2022- Forexbrokers.com
Best Trading Conditions Asia 2021- World Business Outlook
Best of Show Award 2012 - Finovate Europe
Most Innovative Trading Platform 2010 - World Finance Awards
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.
Copy Trading
Yes
Yes
Copy Trading Platform
Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
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.
Trade CFDs on the financial markets with floating spreads and flexible leverage.
eToro offers leveraged CFD trading in certain jurisdictions. Speculate on thousands of financial assets.
Leverage
1:500 (Global), 1:30 (EU)
FTSE Spread
1.8
1.5 pt
GBPUSD Spread<
1.1
2 pips
Oil Spread
0.7
5 pts
Stocks Spread
Variable
0.24% Var
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.
eToro offers a selection of major, minor and exotic currency pairs. Clients can speculate on FX from the eToro trading app.
Forex App
OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
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
1.1
2 pips
EURUSD Spread
0.7
1.5 pips
EURGBP Spread
2.1
1.5 pips
Assets
35
49
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD.
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..
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.
Traders from US not accepted