eToro vs. Forex.com

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eToro and Forex.com are leading online brokers with top-tier regulations. eToro is a trustworthy social trading broker with licenses from the ASIC and FCA. It offers a professional proprietary platform, a web platform, and an app. eToro has a dedicated social trading space recommended for advanced traders. 

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eToro logo

eToro

Open account Read review

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Forex.com logo

Forex.com

Open account Read review

80% of retail CFD accounts lose money

BROKER COMPARISON

eToro logo
Forex.com logo

Overall rating

4,9/5

4,4/5

Overall rating

4,9/5

4,4/5

Trading Platform & Tools

4.9

4.6

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 1:30 1:50
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.8

3.7

See details
Withdrawal Fee $5 0
Deposit Fee 0 0
Inactivity Fee $10 a month after one year $15 per month (after 12 months)
Cost Per Trade N/A 0
Cost Per Month N/A 0
Forex (EUR/USD) 1.1 pip 0.8 pips
Stocks & ETF 0 0 + spread
CFD (Gold) 5 pip 0.8
Crypto 0 0
Options 0 0
Conversion Fees 0 0.50%
Misc. Fees 0 0
Overnight Fees 2.50%

Mobile Trading

4.9

5.0

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.9

4.9

See details
Minimum deposit (in UAE) $100 $100
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

4.8

4.1

See details
Shares 2.800 0
ETF & Funds 0 0
Crypto 30 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex Instruments 49 91
CFD Indices & Funds 250 17
CFD Stocks 2800 9500
CFD Commodities 54 22
CFD Crypto 32 8
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

4.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

5.0

4.3

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

5.0

4.5

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Forex.com is the leading forex trading broker with excellent platforms. It has top-tier licenses from the IIROC, FSA, FCA, and CFTC. Forex.com has well-designed trading platforms and apps with educational tools. It is a good choice for active forex traders. 

Both online brokers have advantages and disadvantages. This article discusses the differences between eToro and Forex.com. 

Top findings from the eToro vs. Forex.com review:  

  1. eToro is the leading social trading broker with access to major forex pairs and excellent social trading tools. 
  2. Forex.com has a reliable forex trading app with educational data on forex. 
  3. Both brokers have a proprietary platform, demo account, and active trader discount. 

We recommend eToro to experienced traders, as it has premium social trading tools and platforms. Forex.com is a good choice for traders of all levels of experience who want to improve their forex knowledge. 

Level of experience  

Beginner traders prefer Forex.com over eToro. Forex.com has some educational and research data, including Trading Central. It offers training videos, forex education, and a virtual trading account. 

eToro is a professional social trading broker with top-tier tools. It offers reliable research tools, including market commentary and social sentiment. eToro provides limited educational materials, which is why we recommend it for advanced traders. 

Fees  

The minimum initial deposit at eToro is $100, while at Forex.com is $100. The average EUR/USD spread at eToro is 1, while at Forex.com is 1.4. Both online brokers offer an active trader discount. 

Assets  

Forex.com has 91 forex currency pairs, while eToro has 47 available pairs. Forex.com provides access to 4500 CFDs, while eToro has 2314 available CFDs. 

Trading platform  

eToro has the gold-standard social trading platform and mobile app. It offers dedicated social trading educational tools and a demo account. eToro is an excellent choice for advanced traders, as its educational tools and market data are limited. 

Forex.com has a dedicated forex trading app, a proprietary web platform, and a desktop platform. It provides MT4 and MT5 with access to 247 trading tools and 803 extensions. These include a virtual account, standard alerts, and some research tools. We recommend it for traders who want access to up-to-date trading information. 

Banking services  

Banking services support a premium trading experience. eToro has 6 funding options, including bank transfers, credit/debit cards, PayPal, and Skrill. Forex.com offers bank transfers, credit/debit cards, and PayPal. 

Final verdict  

eToro and Forex.com are leading online brokers. Both have advantages and disadvantages, depending on your skills, experience, and trading style. eToro is a top choice for advanced traders, as it has top-tier social trading tools. We recommend Forex.com to traders of all levels of experience because of its comprehensive offer. 

eToro compared to other brokers:

eToro review

Disclaimer

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. 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. Take 2 mins to learn more

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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