Compare FXOpen vs eToro

FXOpen FXOpen FXOpen eToro
FXOpen eToro
Established 2005 Established 2007
Web Web www.etoro.com
Location Level 25 108 St Georges Terrace Perth WA 6000, Australia Location eToro (UK) Ltd: 24th floor, One Canada SquareCanary Wharf E14 5ABLondon, United Kingdom
Phone (+61) 8 6557 8587 Phone
E-mail sales@fxopen.com E-mail pr@etoro.com
Country UK, Australia Country Cyprus, UK, Australia
Regulation FCA (UK) ASIC (Australia) Regulation FCA (UK) Authorised in the European Union (EU) ASIC (Australia) Cysec
Number of instruments CFD 5 Number of instruments CFD 5
Broker type MM Broker type MM, STP
Support Phone Mail Chat Support Mail Chat
Deposit from 100 EUR/USD Deposit from 100 EUR/USD
Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. Spreads 1 EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change.
Real Stocks and ETFs Real Stocks and ETFs
Platforms MetaTrader 4 (MT4) Desktop Platform (Windows) MetaTrader 5 (MT5) Platforms Web Platform Social Trading / Copy-Trading
Instruments CFD Commodities, Share CFDs, Forex, Cryptocurrency traded as CFD, Indicies Instruments CFD Commodities, Cryptocurrency traded as actual, Forex, ETF, Indicies
Funding methods
Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.
Funding methods
Skrill Klarna PayPal Visa/Mastercard Bank Wire
* Some of the payment methods may not be available in your country.

We have compared FXOpen and eToro to see what the key differences are between these brokers.

Our goal was to create a comparison of brokers so you can get an overview of their features, fees, trading platforms, instruments and more.

Below is a comparison of FXOpen VS eToro

During our testing, we evaluated various points that we liked, disliked or were indifferent to. When evaluating certain features, we tried to be objective and fair based on what features the broker offered versus how competitive its fees were. In addition, we created our own unique rating system that we use to judge all brokers.

Compare broker parameters depending on what you are interested in, cryptocurrencies, stocks, commodities or Forex? What is the difference between brokers FXOpen vs eToro? At broker FXOpen you can trade a total of 95 currency pairs, in total you can find over 110+ instruments. At broker eToro you can trade a total of 49 of currency pairs, in total you will find over 1000+ instruments. Broker FXOpen provides Has Education – CFDs, Has Education – Forex. Broker eToro offers trading platforms of type Web Platform, Social Trading / Copy-Trading.

Investments

# FXOpen eToro
Currency Pairs (Total Forex pairs) 95 49
CFDs – Total Offered 110+ 1000+
Options CFD No No
Share CFDs Yes No
Forex CFD Yes Yes
Commodities CFD Yes Yes
ETF CFD No Yes
Indicies CFD Yes Yes
Cryptocurrency traded as actual No Yes
Cryptocurrency traded as CFD Yes No
Real Stocks and ETFs No Yes
Investments rating 62% 62%
Winner

Cost

# FXOpen eToro
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1 1
Deposit from 100 100
Account fee No No
Inactivity fee Yes Yes
Active Trader or VIP Discounts No No
Withdrawal fees No Yes
Deposit fees No Yes
Cost rating 80% 40%
Winner

Trading Platforms

# FXOpen eToro
Desktop Platform (Windows) Yes No
Web Platform No Yes
Social Trading / Copy-Trading No Yes
MetaTrader 4 (MT4) Yes No
MetaTrader 5 (MT5) Yes No
Currenex No No
cTrader No No
Trading Platforms rating 100% 100%
Winner

Trading Tools

# FXOpen eToro
Financial leverage Yes Yes
Virtual Trading (Demo) Yes Yes
Alerts – Basic Fields Yes No
Charting – Indicators / Studies (Total) Yes Yes
Charting – Drawing Tools (Total) Yes Yes
Charting – Trade From Chart Yes No
Stop-Loss Yes Yes
Finacial Calendar Yes No
Daily financial news Yes Yes
Order Type – Trailing Stop Yes Yes
Trading Tools rating 100% 70%
Winner

Mobile Trading

# FXOpen eToro
Android App Yes Yes
Apple iOS App Yes Yes
Alerts – Basic Fields No No
SMS alerts No Yes
Mobile Trading No Yes
Mobile Trading rating 40% 80%
Winner

Research

# FXOpen eToro
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Weekly Webinars No Yes
Social Sentiment – Currency Pairs No Yes
Economic Calendar No Yes
Research No Yes
Research rating 33% 100%
Winner

Education

# FXOpen eToro
Has Education – Forex Yes Yes
Has Education – CFDs Yes Yes
Client Webinars No Yes
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No Yes
Education No No
Education rating 33% 83%
Winner

Major Forex Pairs

# FXOpen eToro
GBP/USD Yes Yes
USD/JPY Yes Yes
EUR/USD Yes Yes
USD/CHF Yes Yes
USD/CAD Yes Yes
NZD/USD Yes Yes
AUD/USD Yes Yes
Major Forex Pairs rating 100% 100%
Winner

Commodities

# FXOpen eToro
Gold No Yes
Silver No Yes
WIT Oil No Yes
Brent Oil No Yes
Coffee No No
Cocoa No Yes
Soybeans No No
Rice No No
Corn No No
Platinum No Yes
Palladium No Yes
Commodities rating 0% 64%
Winner

Indices

# FXOpen eToro
DAX 30 Yes Yes
S&P 500 Yes Yes
Nasdaq Yes Yes
Dow Jones No Yes
Nikkei No Yes
Indices rating 60% 100%
Winner

Cryptocurrencies

# FXOpen eToro
Bitcoin Yes Yes
Litecoin No Yes
Ethereum Yes Yes
Ripple No Yes
Neo No Yes
Stellar No Yes
Cardano No Yes
Tron No Yes
Monero No Yes
EOS No Yes
Cryptocurrencies rating 20% 100%
Winner

Regulations

# FXOpen eToro
Cysec No Yes
ASIC (Australia) Yes Yes
FCA (UK) Yes Yes
Authorised in the European Union (EU) No Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 33% 67%
Winner

Support

# FXOpen eToro
Chat Yes Yes
Phone Yes No
Mail Yes Yes
Support rating 100% 67%
Winner

Overall

# FXOpen eToro
Link FXOpen eToro
Win / Loss % 36% 58%
Winner