FXOpen vs. eToro

FXOpen
55%
Deposit 100 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 2005
Currency Pairs (Total Forex pairs) 95
Country: UK, Australia
Regulation:
FCA (UK)
ASIC (Australia)
Trading app:
MetaTrader 4 (MT4)
Desktop Platform (Windows)
MetaTrader 5 (MT5)
Number of CFD asset classes: 5
Broker type: MM
Support:
Phone
Mail
Chat
Funding methods:
Visa/Mastercard
Bank Wire
* 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

36%
FXOpen
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 FXOpen only reaches 36%. FXOpen requires a minimum deposit of 100 EUR/USD, while eToro sets it at 50 EUR/USD. Conversely, eToro scores with a lower minimum deposit. For FXOpen, the spread is 1 EUR/USD, while for eToro it is 1 EUR/USD. In this area, both brokers are on par. FXOpen offers 95 forex pairs, while eToro provides 49. A wider selection gives FXOpen the advantage. FXOpen was founded in 2005, while eToro has been operating since 2007. The longer tradition of FXOpen means greater experience. This advantage goes to eToro, while FXOpen lacks it. FXOpen is overseen by 2 regulatory bodies, while eToro has 5. Stricter oversight at eToro gives it an advantage. FXOpen supports 3 platforms, while eToro offers 2. A greater choice of platforms gives FXOpen the lead.

Comprehensive Comparison: FXOpen 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%
FXOpen
Min. Deposit
100
EUR/USD Spread
1
Currency Pairs
95
Year Established
2005
eToro
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
49
Year Established
2007

Key Strengths

FXOpen
    • Micro accounts from just 1 USD allow starting with minimal capital
    • Support for MetaTrader 4 and 5 - the standard among traders
    • Free demo accounts for practicing strategies
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
FXOpen
100%
eToro
100%
Trading Platforms
FXOpen
43%
eToro
29%
Trading Costs
FXOpen
80%
eToro
20%
Educational Materials
FXOpen
33%
eToro
100%
Customer Support
FXOpen
100%
eToro
67%
Overall Rating
FXOpen
36%
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
The trading platform of broker FXOpen offers an intuitive interface and advanced features for efficient trading.
Lowest Costs
FXOpen offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# FXOpen eToro
Currency Pairs (Total Forex pairs) 95 49
CFDs – Total Offered 110+ 1000+
Options CFD
Share CFDs
Forex CFD
Commodities CFD
ETF CFD
Indicies CFD
Cryptocurrency traded as actual
Cryptocurrency traded as CFD
Investments rating 62% 75%
Winner
Cost
# FXOpen eToro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 1
Deposit from 100 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 20%
Winner
Trading app
# FXOpen eToro
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 43% 29%
Winner
Trading Tools
# FXOpen 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 100% 100%
Winner
Research
# FXOpen eToro
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 33% 100%
Winner
Education
# FXOpen eToro
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 33% 100%
Winner
Forex
# FXOpen eToro
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# FXOpen eToro
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 0% 82%
Winner
Indicies
# FXOpen eToro
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 60% 100%
Winner
Cryptocurrencies
# FXOpen eToro
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 20% 100%
Winner
Regulations
# FXOpen eToro
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 33% 83%
Winner
Support
# FXOpen eToro
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# FXOpen eToro
Go to the full broker review FXOpen eToro
Win / Loss % 36% 66%
Winner