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.
Quick Verdict
FOREX.com is the winner in this comparison, outperforming eToro USA after we recorded hundreds of data points and ran hands-on tests, earning it the higher overall rating and our recommendation.Visit FOREX.com74% of retail accounts lose money with this provider.
| Feature | ||
|---|---|---|
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. Used by millions globally with a string of awards, eToro is a reputed name in the industry. Trading on eToro is facilitated by eToro USA Securities, Inc. | Founded in 2001, FOREX.com is part of StoneX, a global financial services firm with over a million customers. Regulated in the US, UK, EU, Australia, and other regions, it offers thousands of markets, not just forex, with competitive pricing on advanced platforms. | |
| Instruments | Stocks, Options, ETFs, Crypto | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $50 | $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, PayPal, 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 | The FOREX.com app provides full trading features in a compact, easy-to-use platform. It includes news, analysis, and real-time trade alerts. It also offers stronger mobile charting than MT4, with over 80 indicators and 11 chart types, plus a cleaner design. | |
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| Margin Trading | ✓ | ✓ |
| 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 | Copy the positions and strategies of up to 100 traders with eToro US copy trading. You can pause or stop copied trades anytime. Copy a position for $1 after the $200 minimum to start. In the US, eToro copy trading is available 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 a limited selection of crypto assets after a September 2024 agreement with the SEC about unregistered securities. eToro charges a 1% buying/selling fee on top of the spread. Coins are also available via the broker’s wallet service. You can switch between live and demo modes to practice crypto strategies. Crypto asset investing is highly volatile and unregulated, with no consumer protection. Taxes may apply to profits. | 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 | BTC, BCH, ETH, LTC, XRP |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |