ForexTime vs. eToro

ForexTime
46%
Deposit 200 EUR/USD
Spreads 1.5 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2011
Currency Pairs (Total Forex pairs) 35
Country: Cyprus
Regulation:
FCA (UK)
Cysec
Trading app:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Number of CFD asset classes: 6
Broker type: ECN, STP
Support:
Phone
Mail
Chat
Funding methods:
Skrill
Visa/Mastercard
Bank Wire
WebMoney
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
eToro
92%
Deposit 50 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2007
Currency Pairs (Total Forex pairs) 49
Country: Cyprus, UK, Australia
Regulation:
FCA (UK)
Authorised in the European Union (EU)
ASIC (Australia)
Cysec
CFTC Registered (USA)
Trading app:
Web Platform
Social Trading / Copy-Trading
Number of CFD asset classes: 6
Broker type: MM, STP
Support:
Mail
Chat
Funding methods:
Skrill
Klarna
PayPal
Visa/Mastercard
Bank Wire
* Some of the payment methods may not be available in your country.
Real Stocks and ETFs:
www.etoro.com
61% of retail CFD accounts lose money.

Winner of the comparison

46%
ForexTime
66%
eToro
Winner
If you don’t want to read the full comparison, the winner of our review is eToro, which takes the lead with a rating of 66%, while ForexTime only reaches 46%. ForexTime requires a minimum deposit of 200 EUR/USD, while eToro sets it at 50 EUR/USD. Conversely, eToro scores with a lower minimum deposit. For ForexTime, the spread is 1.5 EUR/USD, while for eToro it is 1 EUR/USD. Lower spreads at eToro give it the edge. ForexTime offers 35 forex pairs, while eToro provides 49. More options come with eToro. ForexTime was founded in 2011, while eToro has been operating since 2007. The older eToro has the upper hand in this regard. This advantage goes to eToro, while ForexTime lacks it. ForexTime is overseen by 2 regulatory bodies, while eToro has 5. Stricter oversight at eToro gives it an advantage. ForexTime supports 2 platforms, while eToro offers 2. In terms of platform count, both are on the same level.

Comprehensive Comparison: ForexTime vs eToro

A detailed look at two popular brokers from our portfolio

Comparison Result
Winner of this comparison: eToro with an overall rating of 66%
ForexTime
Min. Deposit
200
EUR/USD Spread
1.5
Currency Pairs
35
Year Established
2011
eToro
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
49
Year Established
2007

Key Strengths

ForexTime
    • Strong educational materials: FXTM provides a wide range of educational materials that can help traders improve their skills and understanding of the markets.
    • Flexible account types: The platform offers various account types, allowing traders to choose the right option according to their needs and preferences.
    • Dedicated account representative: FXTM provides each client with a dedicated account representative who can assist with any questions or issues.
eToro
    • Low minimum deposit
    • Fractal stocks
    • More than 3,000 available instruments
    • Easy to use web platform and eToro mobile app
    • Unlimited demo account
    • Advanced CopyTrading

Comparison by Categories

Trading Tools
ForexTime
90%
eToro
100%
Trading Platforms
ForexTime
29%
eToro
29%
Trading Costs
ForexTime
80%
eToro
20%
Educational Materials
ForexTime
67%
eToro
100%
Customer Support
ForexTime
100%
eToro
67%
Overall Rating
ForexTime
46%
eToro
66%

Our Recommendations

Best for Beginners
Thanks to comprehensive educational materials and a user-friendly platform, eToro is an ideal choice for new traders.
Best Platform
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
ForexTime offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# ForexTime eToro
Currency Pairs (Total Forex pairs) 35 49
CFDs – Total Offered 250+ 1000+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 75% 75%
Winner
Cost
# ForexTime eToro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1.5 1
Deposit from 200 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 20%
Winner
Trading app
# ForexTime eToro
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 29%
Winner
Trading Tools
# ForexTime eToro
Financial leverage
Virtual Trading (Demo)
Alerts – Basic Fields
Charting – Indicators / Studies (Total)
Charting – Drawing Tools (Total)
Charting – Trade From Chart
Stop-Loss
Finacial Calendar
Daily financial news
Order Type – Trailing Stop
Trading Tools rating 90% 100%
Winner
Research
# ForexTime eToro
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 50% 100%
Winner
Education
# ForexTime eToro
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 67% 100%
Winner
Forex
# ForexTime eToro
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# ForexTime eToro
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 55% 82%
Winner
Indicies
# ForexTime eToro
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# ForexTime eToro
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 30% 100%
Winner
Regulations
# ForexTime eToro
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 83%
Winner
Support
# ForexTime eToro
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# ForexTime eToro
Go to the full broker review ForexTime eToro
Win / Loss % 46% 66%
Winner