Compare Interactive brokers vs eToro

Interactive brokers Interactive brokers
Interactive brokers eToro
Interactive brokers eToro -
Established 1978 Established 2007
Web Web www.etoro.com
Country UK Country Cyprus, UK, Australia
Regulation Authorised in the European Union (EU) Regulation FCA (UK) Authorised in the European Union (EU) ASIC (Australia) Cysec
Number of CFD asset classes 5 Number of CFD asset classes 5
Broker type ECN, STP Broker type MM, STP
Support Phone Mail Chat Support Mail Chat
Deposit from 10 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 Desktop Platform (Windows) Web Platform Platforms Web Platform Social Trading / Copy-Trading
Instruments CFD Commodities, Options, Forex, ETF, 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 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%
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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

Indicies

# Interactive brokers eToro
DAX 40 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%
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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%
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Support

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

Overall

# Interactive brokers eToro
Link Interactive brokers eToro
Win / Loss % 50% 58%
Winner