menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

eToro vs Alpari 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of eToro vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

eToro
4.5/5 Stars Overall
  • Minimum Deposit: $50-$10,000
  • Trust Score: 96
  • Tradeable Symbols (Total): 7441
Alpari
3.5/5 Stars Overall
  • Minimum Deposit: $20
  • Trust Score: 68
  • Tradeable Symbols (Total): 105

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

eToro vs Alpari: The online broker eToro was founded in 2007 and is publicly traded, while Alpari, founded in 1998, is not; neither company is a bank. According to ForexBrokers.com’s Trust Score scale (90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, under 59 do not trust), eToro scores 96/99 (highly trusted) and Alpari scores 68/99 (high risk).

Regulation is a key difference. eToro holds 4 Tier‑1 licenses and 1 Tier‑2 license (Tier‑1 is considered highly trusted and Tier‑2 trusted by ForexBrokers.com). Alpari holds 0 Tier‑1 and 0 Tier‑2 licenses. For many traders, this gap in licensing and trust ratings is an important factor when choosing between these brokers.

Feature eToro logoeToro
Alpari logoAlpari
Year Founded info 2007 1998
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 4 0
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

eToro is a market‑maker forex broker that lists a typical variable spread of about 1 pip on EUR/USD, which is slightly higher than the industry average. Traders don’t usually pick eToro for the tightest spreads; they’re often attracted by its social copy-trading features. For commissions and fees, eToro is rated 4.5 out of 5 stars and ranked #23 out of 63 brokers by ForexBrokers.com. Its eToro Club (Silver to Diamond) caters to balances from $5,000 to $250,000 and can reduce non-trading costs with perks like discounted withdrawal and deposit fees, access to Trading Central, and a dedicated account manager.

Alpari does not publish average spread data, so it’s harder to gauge typical trading costs at a glance. Even so, it earns 4 out of 5 stars for commissions and fees and is ranked #42 out of 63 brokers by ForexBrokers.com. In a head‑to‑head comparison, eToro offers more transparent, published pricing and optional VIP discounts on certain fees, while Alpari’s lack of average spread figures leaves more uncertainty around day‑to‑day costs.

Feature eToro logoeToro
Alpari logoAlpari
Minimum Deposit info $50-$10,000 $20
Average spread (EUR/USD) - Standard account info 1 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Non-wire bank transfer info Yes No
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

eToro vs Alpari: When it comes to the range of investments, eToro offers far more choice with 7,441 tradeable symbols compared with Alpari’s 105. Both support forex as CFDs or spot, with eToro listing 55 currency pairs and Alpari 46. Stock access differs: eToro lets you buy exchange-traded shares on both U.S. and international markets, while Alpari offers exchange-traded shares on international exchanges only (no U.S. stocks).

Crypto and social features also set them apart. eToro lets you buy actual cryptocurrency as well as crypto CFDs, whereas Alpari supports only crypto CFDs. Both platforms offer copy trading. Reflecting the broader selection, eToro is rated 5 stars for Range of Investments and ranks #11 out of 63 brokers, while Alpari holds 3 stars and ranks #64. If having more markets, stocks, and crypto options matters to you, eToro provides wider coverage; if you mainly trade forex and CFDs, Alpari may still fit your needs.

Feature eToro logoeToro
Alpari logoAlpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 105
Forex Pairs (Total) info 55 46
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

eToro and Alpari both let you practice with a free demo account and provide their own in-house trading platforms alongside web-based platforms that run in your browser. Each supports copy trading and lets you place orders directly from the chart. Key differences: eToro does not offer a downloadable desktop platform and does not support MetaTrader, while Alpari offers a Windows desktop download and supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

For trading platforms and tools, ForexBrokers.com rates eToro 4.5 stars and ranks it #8 out of 63 brokers, while Alpari earns 4 stars and ranks #56. If you prefer a simple browser experience and social trading, eToro stands out; if you want a Windows desktop app with MT4/MT5 and more traditional tools, Alpari may fit better.

Feature eToro logoeToro
Alpari logoAlpari
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
Charting - Indicators / Studies (Total) info 106 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Comparing eToro vs Alpari for mobile trading apps, both brokers offer iPhone and Android apps and support price alerts for forex and stocks. eToro stands out for convenience with watchlist syncing between the mobile app and the web platform, while Alpari does not sync watchlists. In user ratings, eToro scores 4.5 out of 5 stars and ranks #10 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com; Alpari earns 4 out of 5 stars and ranks #57.

For charting, eToro provides a wider range of technical indicators (104 vs. Alpari’s 30), which can help with deeper analysis. However, eToro’s app does not allow drawing trendlines, whereas Alpari’s app does. Neither app auto-saves chart drawings. Your choice may come down to whether you value more indicators and synced watchlists (eToro) or hands-on drawing tools for charts (Alpari).

Feature eToro logoeToro
Alpari logoAlpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Trendlines Autosave info No No

Dive deeper: Best Forex Trading Apps.

Market research

eToro outshines Alpari for market research. eToro provides daily market commentary, top-tier forex news (think Bloomberg/Reuters), an economic calendar, Trading Central insights, a sentiment tool showing long/short positioning, and research from TipRanks. It does not include Autochartist or Acuity Trading/Signal Centre. Alpari offers top-tier forex news, an economic calendar, and Autochartist tools, but it lacks Trading Central and a sentiment tool; availability of TipRanks or Acuity Trading at Alpari isn’t specified.

Independent ratings back up the gap: eToro scores 4.5/5 for Research and ranks #13 out of 63 brokers at ForexBrokers.com, while Alpari scores 3/5 and ranks #58. If you want daily commentary, sentiment data, and Trading Central, eToro is the stronger pick; if you value Autochartist’s pattern scanning, Alpari may appeal.

Feature eToro logoeToro
Alpari logoAlpari
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info Yes No
Client sentiment data info Yes No
TipRanks info Yes
Acuity Trading info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing eToro vs Alpari on education, eToro delivers a broader learning path. You get monthly client webinars, a large set of beginner-friendly videos, and plenty of advanced videos for when you’re ready to level up. Alpari does provide at least 10 beginner videos, but it does not host monthly educational webinars and it lacks a similar volume of advanced video lessons, which can make it tougher to keep progressing once you grasp the basics.

The third-party scores back this up: eToro earns 4.5 out of 5 stars for Education and ranks #5 out of 63 brokers at ForexBrokers.com, while Alpari holds 3 stars and ranks #48. If you want structured, ongoing forex and CFD education with live sessions and deeper material, eToro is the stronger pick; if you only need a starter set of videos, Alpari can cover the essentials.

Feature eToro logoeToro
Alpari logoAlpari
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Alpari. eToro finished with an overall rank of #9, while Alpari finished with an overall rank of #58.

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

Feature eToro logoeToro
Alpari logoAlpari
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 68
Range of Investments 5/5 Stars 3/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with eToro or Alpari?

In a head-to-head comparison for cryptocurrency trading, eToro lets you buy real, delivered cryptocurrencies and trade crypto CFDs, while Alpari offers only cryptocurrency CFDs and does not provide access to actual (delivered) crypto.

What funding options does each broker offer?

Comparing eToro vs Alpari deposit and withdrawal options: eToro supports ACH/SEPA, PayPal, Skrill, and bank wires; Alpari does not support ACH/SEPA and its support for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified, while Visa/Mastercard support for eToro is also not specified.

More Comparisons

eToro vs Vantage eToro vs Capital.com eToro vs CMC Markets eToro vs IC Markets eToro vs BlackBull Markets eToro vs Plus500 Alpari vs easyMarkets Alpari vs ACY Securities Alpari vs Spreadex Alpari vs Eightcap Alpari vs Questrade Alpari vs RoboForex

Show all



announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× eToro
× Alpari
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating eToro Alpari
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 68
Winner check_circle
Review eToro Review
Broker Screenshots eToro Alpari
Broker Gallery (click to expand) info
eToro mobile watchlist eToro web trading platform cryptocurrency watchlist eToro Digest & Invest podcast. eToro academy courses beginners.
Regulation eToro Alpari
Trust Score info 96 68
Year Founded info 2007 1998
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 4 0
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) eToro Alpari
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) eToro Alpari
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info Yes info No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments eToro Alpari
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7441 105
Forex Pairs (Total) info 55 46
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes Yes
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info Yes No
Cryptocurrency (CFDs) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost eToro Alpari
Average spread (EUR/USD) - Standard account info 1 info N/A info
All-in Cost EUR/USD - Active info N/A N/A info
Inactivity Fee info Yes No
Order execution: Agency info Yes Yes
Order execution: Market Maker info Yes Yes
Funding eToro Alpari
Minimum Deposit info $50-$10,000 $20
PayPal (Deposit/Withdraw) info Yes
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info Yes No
Trading Platforms eToro Alpari
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
Trading Tools eToro Alpari
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 106 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading eToro Alpari
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Trendlines Autosave info No No
Mobile Research - Economic Calendar info No Yes
Research eToro Alpari
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central info Yes No
TipRanks info Yes
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education eToro Alpari
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs eToro Alpari
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review eToro Review
Overall eToro Alpari
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 68
Winner check_circle
Review eToro Review
arrow_upward

close
navigate_before navigate_next