Compare iForex vs eToro

iForex iForex iForex eToro
iForex eToro
Established 1996 Established 2007
Web Web www.etoro.com
Location 1 Wickham’s Cay, Road Town, Tortola, BVI VG1110, Virgin Islands, British Location eToro (UK) Ltd: 24th floor, One Canada SquareCanary Wharf E14 5ABLondon, United Kingdom
Phone +30-210-374-2599 Phone
E-mail info@iforex.com E-mail pr@etoro.com
Country Cyprus Country Cyprus, UK, Australia
Regulation Cysec Regulation FCA (UK) Authorised in the European Union (EU) ASIC (Australia) Cysec
Number of instruments CFD 4 Number of instruments CFD 5
Broker type Broker type MM, STP
Support Mail Support Mail Chat
Deposit from 100 EUR/USD Deposit from 100 EUR/USD
Spreads 1.8 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 Web Platform Platforms Web Platform Social Trading / Copy-Trading
Instruments CFD Commodities, Forex, Cryptocurrency traded as CFD, Indicies Instruments CFD Commodities, Cryptocurrency traded as actual, Forex, ETF, Indicies
Funding methods
Skrill 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 iForex 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 iForex 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 iForex vs eToro? At broker iForex you can trade a total of 80 currency pairs, in total you can find over 100 instruments. At broker eToro you can trade a total of 49 of currency pairs, in total you will find over 1000+ instruments. Broker iForex provides Broker eToro offers trading platforms of type Web Platform, Social Trading / Copy-Trading.

Investments

# iForex eToro
Currency Pairs (Total Forex pairs) 80 49
CFDs – Total Offered 100 1000+
Options CFD No No
Share CFDs No 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 50% 62%
Winner

Cost

# iForex eToro
Average Spread EUR/USD * Spread is dated 02.01.2024 12:00, spread amount is subject to change. 1.8 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

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

Trading Tools

# iForex eToro
Financial leverage No Yes
Virtual Trading (Demo) No Yes
Alerts – Basic Fields No No
Charting – Indicators / Studies (Total) No Yes
Charting – Drawing Tools (Total) No Yes
Charting – Trade From Chart No No
Stop-Loss No Yes
Finacial Calendar No No
Daily financial news No Yes
Order Type – Trailing Stop No Yes
Trading Tools rating 0% 70%
Winner

Mobile Trading

# iForex 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

# iForex eToro
Daily Market Commentary No Yes
Forex News (Top-Tier Sources) No Yes
Weekly Webinars No Yes
Social Sentiment – Currency Pairs No Yes
Economic Calendar No Yes
Research No Yes
Research rating 0% 100%
Winner

Education

# iForex eToro
Has Education – Forex No Yes
Has Education – CFDs No Yes
Client Webinars No Yes
Videos – Advanced Trading Videos No Yes
Investor Dictionary (Glossary) No Yes
Education No No
Education rating 0% 83%
Winner

Major Forex Pairs

# iForex eToro
GBP/USD No Yes
USD/JPY No Yes
EUR/USD No Yes
USD/CHF No Yes
USD/CAD No Yes
NZD/USD No Yes
AUD/USD No Yes
Major Forex Pairs rating 0% 100%
Winner

Commodities

# iForex 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

# iForex eToro
DAX 30 No Yes
S&P 500 No Yes
Nasdaq No Yes
Dow Jones No Yes
Nikkei No Yes
Indices rating 0% 100%
Winner

Cryptocurrencies

# iForex eToro
Bitcoin No Yes
Litecoin No Yes
Ethereum No Yes
Ripple No Yes
Neo No Yes
Stellar No Yes
Cardano No Yes
Tron No Yes
Monero No Yes
EOS No Yes
Cryptocurrencies rating 0% 100%
Winner

Regulations

# iForex eToro
Cysec Yes Yes
ASIC (Australia) No Yes
FCA (UK) No Yes
Authorised in the European Union (EU) No Yes
CFTC Registered (USA) No No
FINMA (Switzerland) No No
Regulations rating 17% 67%
Winner

Support

# iForex eToro
Chat No Yes
Phone No No
Mail Yes Yes
Support rating 33% 67%
Winner

Overall

# iForex eToro
Link iForex eToro
Win / Loss % 11% 58%
Winner