Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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eToro USA
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FOREX.com
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eToro is a platform for social investing that provides options for both short and long-term trading on stocks, ETFs, options, and crypto. The platform is recognized for its easy-to-use, community-oriented interface and reasonable fees. With oversight from FINRA and SIPC, and used by millions globally, eToro is a reputed name in the industry. Trading on eToro is facilitated by eToro USA Securities, Inc. | Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms. | |
| Instruments | Stocks, Options, ETFs, Crypto | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds, Crypto Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $100 | $100 |
| Trading Platforms | eToro Trading Platform & CopyTrader | WebTrader, Mobile, MT4, MT5, TradingView |
| Payment Methods | ACH Transfer, Debit Card, PayPal, Wire Transfer | ACH Transfer, Credit Card, Debit Card, Mastercard, Neteller, PayNow, Skrill, Visa, Wire Transfer |
| Minimum Trade | $10 | 0.01 Lots |
| Regulator | SEC, FINRA | NFA, CFTC |
| Account Currencies | USD | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | Available with MT4 and Web Trader platforms, the FOREX.com app provides full trading features on an easy-to-use compact platform. Integrated news, analysis, and real-time trade alerts are mobile-specific features that make this app stand out. It surpasses MT4 in mobile charting tools, offering over 80 indicators, 11 chart types, and a sleeker design. | |
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| Margin Trading | ✓ | ✓ |
| Margin Rate | 8.33% | |
| Account Types | STP, ECN, DMA | |
| AI / Machine Learning | ✗ | ✓ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✓ |
| Market Maker | ✗ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✗ | ✓ |
| Auto Trading | ✗ | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | ✓ | ✗ |
| Copy Trading Platform | With eToro US's top copy trading service, you can replicate the positions and strategies of up to 100 traders. eToro offers more portfolio control than many rivals, letting you stop or pause a copied trade anytime. Pricing is competitive, needing just $1 to copy a position. eToro copy trading is only for crypto. | |
| Social Trading | ✓ | ✗ |
| Trade Signals | ✗ | |
| VPS Hosting | ✗ | ✓ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✓ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $10 | $15 |
| Islamic Account | ✗ | ✓ |
Forex Trading | ||
remains a top FX broker, offering 80 currency pairs with very competitive fees. With EUR/USD spreads as low as 0.0 and a $7 commission per $100k, it excels in the industry. | ||
| GBPUSD Spread | 1.3 | |
| EURUSD Spread | 1.2 | |
| EURGBP Spread | 1.4 | |
| Assets | 84 | |
Cryptocurrency Trading | ||
eToro US provides 24 cryptoassets for trading, charging only a 1% fee plus the spread. The broker also offers 80 different coins through its wallet service. Switch between live and demo modes to practice crypto strategies. Cryptocurrency investing involves high volatility and is unregulated. Taxes on profits may apply. | You can trade a limited selection of over 8 cryptocurrencies against the USD, EUR, GBP, and AUD. The spreads are close, and there's no need for a virtual wallet. Algorithm traders can use Expert Advisors (EAs) to automate their cryptocurrency trades. | |
| Crypto Spread | BTC 0.75% | BTC 1.4%, ETH 2% |
| Crypto Coins | 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 | BTC, BCH, ETH, LTC, XRP |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |