AvaTrade vs eToro
AvaTrade versus eToro: Which broker is better? Explore our expert comparison to find out which platform aligns with your trading preferences.
AvaTrade and eToro both offer robust platforms for trading but have key differences. AvaTrade is highly trusted with seven regulatory licenses and provides clear trading conditions. It has a simplified account structure, starting at $100, with a $10 minimum deposit for retail investors. AvaTrade has a wide array of instruments, albeit fewer than eToro’s 6,000+. eToro’s claim to fame is its social trading and beginner-friendly $10 deposit, but it involves a small withdrawal fee. AvaTrade provides more educational tools, while eToro’s advantage is advanced copy trading features that appeal to newer traders.
Regulation & Trust
Both AvaTrade and eToro are well-regulated by reputable authorities. AvaTrade has seven licenses, including ASIC and CySEC, and is transparent about trading conditions. eToro is authorized by FCA, CySEC, and ASIC as well, aligning with high industry standards. Both platforms ensure user funds’ security and segregate client funds from operational funds.
Accounts & Banking
AvaTrade offers one simple account for retail investors with a $100 minimum deposit. eToro requires deposits ranging between $10 to $10,000 depending on location. AvaTrade also has a premium membership with exclusive perks for deposits over $10,000. Both brokers provide Islamic account options, and AvaTrade offers swap-free accounts for Muslim traders. eToro applies a $5 withdrawal fee, while AvaTrade does not charge withdrawal fees.
Deposits & Withdrawals
eToro provides a variety of payment options, such as credit cards and PayPal, but charges a $5 withdrawal fee. AvaTrade has no withdrawal or deposit fees, avoiding extra costs for active traders. Both brokers support various local payment methods, facilitating simple transactions.
Demo Account
AvaTrade’s demo account is unlimited and useful for testing on several platforms, including MT4 and MT5. eToro also provides a demo account with virtual funds of $100,000, enabling users to practice trading risk-free.
Assets & Markets
AvaTrade offers 1,250+ instruments, focusing on forex, stocks, and commodities. eToro’s selection spans over 6,000 instruments, including 95 cryptocurrency tokens, offering more diversity. AvaTrade, though limited, features CFDs, spread betting, and options in select regions.
Fees & Costs
AvaTrade employs a spread-only fee model with broader spreads from its dealing desk model. eToro’s spreads begin at 1 pip, often higher than those at ECN-based brokers. AvaTrade charges an inactivity fee, while eToro’s inactivity fee is $10 monthly after 12 months.
Platforms & Tools
AvaTrade supports MetaTrader 4 and 5, and its proprietary platforms like the WebTrader and AvaTradeGO are intuitive. eToro provides an in-house app and dashboard, excelling in copy trading with its CopyTrader feature. AvaTrade offers additional tools like AvaProtect and social trading through AvaSocial.
Research
AvaTrade’s tools include high-quality trade ideas and sentiment data. eToro improves research with economic calendars and market analyses, though some require high-tier access.
Education
AvaTrade offers comprehensive educational resources with videos, tutorials, and eBooks. eToro has a Learning Academy with a broad library of articles and webinars, though often mixed with promotional content.
Customer Support
AvaTrade provides 24/5 support through multiple channels, including phone and chat. eToro lacks dedicated phone support, utilizing online chat instead.
Is AvaTrade or eToro Better For Beginners?
eToro edges out for beginners due to its intuitive interface and social trading features, allowing easy learning. The CopyTrader function and comprehensive educational resources provide a solid foundation for new traders.
Is AvaTrade or eToro Better For Experienced Traders?
AvaTrade suits experienced traders with its sophisticated platforms and broad asset offerings, including advanced MT5 tools. The broker’s professional account options also offer high leverage for qualified traders.
Why Pick AvaTrade Over eToro?
AvaTrade is advantageous for those seeking more educational tools and no withdrawal fees, alongside better trust ratings due to its multiple global licenses. The unlimited demo account offers sustained practice for strategy improvement.
Why Pick eToro Over AvaTrade?
Choose eToro for its vast array of assets, accessible social trading features, and lower starting deposit. Its user-friendly interface and focus on copy trading are ideal for users interested in social investing and transparent market trends.
AvaTrade vs eToro Details
AvaTrade
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eToro
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Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience. | eToro is a highly-rated platform that offers trading services in numerous CFDs, stocks, and cryptoassets. Established in 2007, it is used by millions of traders worldwide and is regulated by top-tier governing bodies such as the FCA and CySEC. eToro is well-known for its extensive social trading platform. Through eToro USA LLC, crypto trading is available. Investments are subject to market risk, and the initial invested principal may be lost. CFDs are not offered in the U.S In the UK and some EU countries, investing in cryptoassets is highly volatile and unregulated, with no consumer protection. Profits may be subject to tax. Some retail CFD traders lose money. | |
Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTsStocks, ETFs, Options, Crypto |
Demo Account | ✓ | ✓ |
Minimum Deposit | $300$100 | $100 |
Trading Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | eToro Web, CopyTrader, TradingCentral |
Payment Methods | Boleto, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, Wire Transfer | Debit Card, iDeal, Klarna, Neteller, Przelewy24, Rapid Transfer, Skrill, Sofort, Swift, Trustly, Visa, Wire Transfer |
Minimum Trade | 0.01 Lots | $10 |
Regulator | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM | FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF |
Account Currencies | USD, EUR, GBP, CAD, AUD | USD, EUR, GBP |
Trust Rating | ||
Assets & Markets Rating | ||
Platforms Rating | ||
Fees & Costs Rating | ||
Customer Support Rating | ||
Education Rating | ||
Research Rating | ||
Accounts & Banking Rating | ||
Mobile Apps | iOS & Android | iOS & Android |
App Review | AvaTradeGO provides a thorough mobile trading experience with an intuitive and user-friendly interface. This app allows rapid access to numerous markets like forex, stocks, indices, commodities, ETFs, and bonds. AvaTradeGO stands out due to its AvaProtect™ feature, providing a unique risk protection level hardly seen in other platforms. | eToro provides a social trading platform that you can access on your mobile. It allows you to duplicate trades, handle your account, and invest through Android or iOS. You can trade major forex pairs directly from your mobile device. |
Android App Rating | ||
iOS App Rating | ||
Awards |
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Margin Trading | ✓ | ✓ |
Margin Rate | 2% | 1% |
Account Types | STP, DMA, MAM, PAMM | STP |
AI / Machine Learning | ✗ | ✓ |
Robo Advisor | ✗ | ✗ |
Negative Balance Protection | ✓ | ✓ |
Market Maker | ✓ | ✓ |
P2P Trading | ✗ | ✗ |
Spot Trading | ✓ | ✓ |
Auto Trading | Expert Advisors (EAs) on MetaTrader | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. |
Copy Trading | ✓ | ✓ |
Copy Trading Platform | AvaTrade is highly regarded for its social and copy trading tools. Traders have access to their in-house AvaSocial app and widely-used platforms like DupliTrade and ZuluTrade. It offers detailed performance metrics for you to select the best strategy provider to match your objectives and risk tolerance. | eToro provides a top-notch copy trading platform, free for eToro clients. It is web-based, easy to use, and interactive, with a community chat feature, making it ideal for novice traders. Its 'Live Trades' feature gives real-time insights into the financial instruments being purchased by the platform's top traders. |
Social Trading | ✓ | ✓ |
Trade Signals | ✓ | ✓ |
VPS Hosting | ✗ | ✗ |
Tournaments | ✗ | ✗ |
Demo Competitions | ✗ | ✗ |
Ethical Investing | ✗ | ✓ |
Custodial Account | ✗ | ✗ |
Guaranteed Stop Loss | ✗ | ✗ |
Inactivity Fee | $50 | $10 |
Islamic Account | ✓ | ✓ |
CFD Trading | ||
AvaTrade offers over 1250+ leveraged CFD products in various asset classes, such as stocks, indices, commodities, bonds, crypto, and ETFs. You can trade on both rising and falling prices using the broker’s advanced web and mobile platforms, which include top research tools for finding short-term trading opportunities. | Trade CFDs on more than 3,000 assets and view extensive market data through integrated TradingView charts. eToro Academy offers free educational resources for beginners, including specific CFD trading courses and guides. | |
Leverage | 1:30 (Retail) 1:400 (Pro) | 1:30 EU |
FTSE Spread | 0.5 | 1.5 |
GBPUSD Spread | 1.5 | 1.9 |
Oil Spread | 0.02 | 0.05 |
Stocks Spread | 0.13 | 0.57 (Apple) |
Forex Trading | ||
AvaTrade offers over 50 currency pairs with tight spreads starting from 0.9 pips and no commissions. Trade major, minor, and exotic currencies 24/5 on top forex platforms, such as MT4, with advanced charting tools and forex education to enhance your skills, including a dedicated 'Currency Trading' guide. | A good range of 55 currencies are available with reasonable spreads averaging 0.9 pips on EUR/USD during busy times. Traders can constantly improve their forex strategies by alternating between the demo mode and their live account at any time. They will have complete access to the broker's 100+ technical indicators. | |
GBPUSD Spread | 1.5 | 1.9 |
EURUSD Spread | 0.9 | 0.9 |
EURGBP Spread | 1.5 | 1.3 |
Assets | 50+ | 55 |
Currency Indices | USD | USD |
Cryptocurrency | ||
Regulated on five continents, AvaTrade provides secure access to crypto markets. It offers a variety of digital currencies like Bitcoin, Ethereum, and Ripple, and a crypto index for diversification. Competitive crypto spreads and 1:2 leverage are available on its three platforms. | eToro is a leader in cryptocurrency trading, providing competitive spreads and a fixed 1% commission, along with a wallet service. The broker offers over 95 tokens, regularly updated. In 2025, they introduced crypto staking, letting users earn rewards for holding digital assets. Crypto investments are risky and highly volatile. Tax may apply. Understand the risks <>. | |
Spread | BTC <1%, ETH 2% | BTC 1% |
Coins | BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH | BTC, ETH, BCH, XRP, DASH, LTC, ETC, API3, CRO, SKL, IMX, ADA, MIOTA, XLM, EOS, NEO, TRX, ZEC, BNB, XTZ, DOT, MKR, COMP, LINK, UNI, YFI, DOGE, AAVE, FIL, ALGO, ATOM, MANA, APE, LRC, ENJ, BICO, BAT, BNT, OGN, MATIC, FLR, GALA, ALICE, CHZ, HBAR, DYDX, SOL, THETA, FTM, GRT, 1INCH, CRV, ANKR, OXT, REN, SNX, STORJ, ZRX, CELO, SUSHI, QNT, BAL, FET, SHIBxM, AMP, AXS, SGB, CTSI, ENS, UMA, LUNC, FTT, SRM, LPT, KNC, ARB, RNDR, OP, LDO |
Crypto Lending | ✗ | ✗ |
Crypto Mining | ✗ | ✗ |
Crypto Staking | ✗ | ✓ |
Auto Market Maker | ✗ | ✗ |