Interactive brokers vs. eToro

Interactive brokers
90%
Deposit 10 EUR/USD
Spreads 1 EUR/USD
*The value is indicative from the broker's website. The spread amount is variable.
Established 1978
Currency Pairs (Total Forex pairs) 22
Country: UK
Regulation:
Authorised in the European Union (EU)
Trading app:
Desktop Platform (Windows)
Web Platform
Number of CFD asset classes: 5
Broker type: ECN, STP
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

50%
Interactive brokers
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 Interactive brokers only reaches 50%. Interactive brokers requires a minimum deposit of 10 EUR/USD, while eToro sets it at 50 EUR/USD. Thanks to the lower deposit, Interactive brokers is more welcoming to traders with smaller budgets. For Interactive brokers, the spread is 1 EUR/USD, while for eToro it is 1 EUR/USD. In this area, both brokers are on par. Interactive brokers offers 22 forex pairs, while eToro provides 49. More options come with eToro. Interactive brokers was founded in 1978, while eToro has been operating since 2007. The longer tradition of Interactive brokers means greater experience. Both brokers allow trading with real stocks. Interactive brokers is overseen by 1 regulatory bodies, while eToro has 5. Stricter oversight at eToro gives it an advantage. Interactive brokers supports 2 platforms, while eToro offers 2. In terms of platform count, both are on the same level.

Comprehensive Comparison: Interactive brokers 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%
Interactive brokers
Min. Deposit
10
EUR/USD Spread
1
Currency Pairs
22
Year Established
1978
eToro
Min. Deposit
50
EUR/USD Spread
1
Currency Pairs
49
Year Established
2007

Key Strengths

Interactive brokers

    Broker Interactive brokers boasts a long and trouble-free history. Moreover, there is no minimum deposit required, which makes it easy to start trading even with smaller amounts. The broker also allows the purchase of fractional shares.

    The availability of a demo account will offer testing of strategies without the risk of losses. Another advantage is the wide range of assets available for trading.

    • Extremely low fees
    • Wide range of products
    • Many great research tools
    • Low margin rates
    • No inactivity fee and no withdrawal fee
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
Interactive brokers
100%
eToro
100%
Trading Platforms
Interactive brokers
29%
eToro
29%
Trading Costs
Interactive brokers
80%
eToro
20%
Educational Materials
Interactive brokers
100%
eToro
100%
Customer Support
Interactive brokers
100%
eToro
67%
Overall Rating
Interactive brokers
50%
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
Both brokers offer excellent trading platforms with similar features and user-friendliness.
Lowest Costs
Interactive brokers offers competitive spreads and lower fees, making it ideal for active traders.
Investments
# Interactive brokers eToro
Currency Pairs (Total Forex pairs) 22 49
CFDs – Total Offered 100+ 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
# Interactive brokers eToro
Average Spread EUR/USD *The value is indicative from the broker's website. The spread amount is variable. 1 1
Deposit from 10 50
Account fee
Inactivity fee
Active Trader or VIP Discounts
Withdrawal fees
Deposit fees
Cost rating 80% 20%
Winner
Trading app
# Interactive brokers eToro
Desktop Platform (Windows)
Web Platform
Social Trading / Copy-Trading
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Currenex
cTrader
Trading Platforms rating 29% 29%
Winner
Trading Tools
# Interactive brokers 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
# Interactive brokers eToro
Daily Market Commentary
Forex News (Top-Tier Sources)
Weekly Webinars
Social Sentiment – Currency Pairs
Economic Calendar
Research
Research rating 83% 100%
Winner
Education
# Interactive brokers eToro
Has Education – Forex
Has Education – CFDs
Client Webinars
Videos – Advanced Trading Videos
Investor Dictionary (Glossary)
Education
Education rating 100% 100%
Winner
Forex
# Interactive brokers eToro
GBP/USD
USD/JPY
EUR/USD
USD/CHF
USD/CAD
NZD/USD
AUD/USD
Major Forex Pairs rating 100% 100%
Winner
Commodities
# Interactive brokers eToro
Gold
Silver
WIT Oil
Brent Oil
Coffee
Cocoa
Soybeans
Rice
Corn
Platinum
Palladium
Commodities rating 100% 82%
Winner
Indicies
# Interactive brokers eToro
DAX 40
S&P 500
Nasdaq
Dow Jones
Nikkei
Indices rating 100% 100%
Winner
Cryptocurrencies
# Interactive brokers eToro
Bitcoin
Litecoin
Ethereum
Ripple
Neo
Stellar
Cardano
Tron
Monero
EOS
Cryptocurrencies rating 0% 100%
Winner
Regulations
# Interactive brokers eToro
Cysec
ASIC (Australia)
FCA (UK)
Authorised in the European Union (EU)
CFTC Registered (USA)
FINMA (Switzerland)
Regulations rating 17% 83%
Winner
Support
# Interactive brokers eToro
Chat
Phone
Mail
Support rating 100% 67%
Winner
Overall
# Interactive brokers eToro
Go to the full broker review Interactive brokers eToro
Win / Loss % 50% 66%
Winner