We have compared Interactive brokers 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 Interactive brokers 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 Interactive brokers vs eToro?
At broker Interactive brokers you can trade a total of 22 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 Interactive brokers provides
Client Webinars,
Has Education – CFDs,
Education,
Has Education – Forex,
Investor Dictionary (Glossary),
Videos – Advanced Trading Videos.
Broker eToro offers trading platforms of type
Web Platform,
Social Trading / Copy-Trading.
Investments
| # |
Interactive brokers |
eToro |
| Currency Pairs (Total Forex pairs) |
22 |
49 |
| CFDs – Total Offered |
100+ |
1000+ |
|
Options
CFD
|
Yes
|
No
|
|
Share CFDs
|
No
|
No
|
|
Forex
CFD
|
Yes
|
Yes
|
|
Commodities
CFD
|
Yes
|
Yes
|
|
ETF
CFD
|
Yes
|
Yes
|
|
Indicies
CFD
|
Yes
|
Yes
|
|
Cryptocurrency traded as actual
|
No
|
Yes
|
|
Cryptocurrency traded as CFD
|
No
|
No
|
| Real Stocks and ETFs |
Yes
|
Yes
|
| Investments rating |
62%
|
62%
|
| Winner |
|
|
Cost
| # |
Interactive brokers |
eToro |
|
Average Spread EUR/USD
* Spread is dated 02.01.2024 12:00, spread amount is subject to change.
|
1 |
1 |
| Deposit from |
10 |
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
| # |
Interactive brokers |
eToro |
| Desktop Platform (Windows) |
Yes
|
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
| # |
Interactive brokers |
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
| # |
Interactive brokers |
eToro |
| Android App |
Yes
|
Yes
|
| Apple iOS App |
Yes
|
Yes
|
| Alerts – Basic Fields |
Yes
|
No
|
| SMS alerts |
Yes
|
Yes
|
| Mobile Trading |
Yes
|
Yes
|
| Mobile Trading rating |
100%
|
80%
|
| Winner |
|
|
Research
| # |
Interactive brokers |
eToro |
| Daily Market Commentary |
Yes
|
Yes
|
| Forex News (Top-Tier Sources) |
Yes
|
Yes
|
| Weekly Webinars |
Yes
|
Yes
|
| Social Sentiment – Currency Pairs |
No
|
Yes
|
| Economic Calendar |
Yes
|
Yes
|
| Research |
Yes
|
Yes
|
| Research rating |
83%
|
100%
|
| Winner |
|
|
Education
| # |
Interactive brokers |
eToro |
| Has Education – Forex |
Yes
|
Yes
|
| Has Education – CFDs |
Yes
|
Yes
|
| Client Webinars |
Yes
|
Yes
|
| Videos – Advanced Trading Videos |
Yes
|
Yes
|
| Investor Dictionary (Glossary) |
Yes
|
Yes
|
| Education |
Yes
|
No
|
| Education rating |
100%
|
83%
|
| Winner |
|
|
Major Forex Pairs
| # |
Interactive brokers |
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
| # |
Interactive brokers |
eToro |
| Gold |
Yes
|
Yes
|
| Silver |
Yes
|
Yes
|
| WIT Oil |
Yes
|
Yes
|
| Brent Oil |
Yes
|
Yes
|
| Coffee |
Yes
|
No
|
| Cocoa |
Yes
|
Yes
|
| Soybeans |
Yes
|
No
|
| Rice |
Yes
|
No
|
| Corn |
Yes
|
No
|
| Platinum |
Yes
|
Yes
|
| Palladium |
Yes
|
Yes
|
| Commodities rating |
100%
|
64%
|
| Winner |
|
|
Indices
| # |
Interactive brokers |
eToro |
| DAX 30 |
Yes
|
Yes
|
| S&P 500 |
Yes
|
Yes
|
| Nasdaq |
Yes
|
Yes
|
| Dow Jones |
Yes
|
Yes
|
| Nikkei |
Yes
|
Yes
|
| Indices rating |
100%
|
100%
|
| Winner |
|
|
Cryptocurrencies
| # |
Interactive brokers |
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
| # |
Interactive brokers |
eToro |
| Cysec |
No
|
Yes
|
| ASIC (Australia) |
No
|
Yes
|
| FCA (UK) |
No
|
Yes
|
| Authorised in the European Union (EU) |
Yes
|
Yes
|
| CFTC Registered (USA) |
No
|
No
|
| FINMA (Switzerland) |
No
|
No
|
| Regulations rating |
17%
|
67%
|
| Winner |
|
|
Support
| # |
Interactive brokers |
eToro |
| Chat |
Yes
|
Yes
|
| Phone |
Yes
|
No
|
| Mail |
Yes
|
Yes
|
| Support rating |
100%
|
67%
|
| Winner |
|
|
Overall
