Written by ForexBrokers.com
In this head to head comparison of eToro vs easyMarkets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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.
eToro and easyMarkets are two prominent online brokers catering to traders worldwide. eToro, established in 2007, boasts a high Trust Score of 96 out of 99, reflecting its highly trusted status. As a publicly traded company, eToro demonstrates transparency and accountability, further solidifying its reputation. The broker is backed by 3 Tier-1 licenses, indicating a strong regulatory standing and trustworthy operations. eToro also holds 1 Tier-2 license, adding an extra layer of assurance for its users. While eToro is not a bank, its regulatory compliance and public listing make it an appealing choice for many traders.
On the other hand, easyMarkets, founded in 2001, achieves a Trust Score of 84, categorizing it as a trusted broker. Although not publicly traded, easyMarkets supports its credibility with 2 Tier-1 licenses, positioning it well in the eyes of regulators. It also carries 1 Tier-2 license, adding to its reliability. Similar to eToro, easyMarkets is not a bank, yet its steady regulation and long-standing presence in the market offer traders a dependable platform. Both brokers provide safe trading environments, with eToro slightly edging out in trust and regulation.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Year Founded | 2007 | 2001 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees of online brokers, eToro and easyMarkets offer contrasting pricing structures. eToro, a market-maker broker, typically features a variable spread of 1 pip on the EUR/USD pair, ratings it with 4.5 out of 5 stars and ranking it 22nd out of 63 brokers according to ForexBrokers.com. This spread is slightly above the industry average, and retail traders primarily choose eToro for its innovative social copy trading platform rather than the spread itself.
On the other hand, easyMarkets offers fixed spreads starting at 0.8 pips on the EUR/USD pair when using its proprietary platform and TradingView. However, using the MT4 platform can result in higher spreads, up to 1.7 pips for Standard accounts, while the VIP account offers a reduced spread of 0.7 pips. MT5 users experience variable spreads starting from 0.7 pips. EasyMarkets holds a 3.5-star rating and ranks 52nd out of 63 brokers in the same category.
For traders interested in additional benefits, eToro presents a VIP Club with membership tiers from Silver to Diamond, offering perks such as access to Trading Central, reduced withdrawal and deposit fees, and a dedicated account manager. These tier benefits are accessible based on maintaining certain account balances, ranging from $5,000 to $250,000. In contrast, easyMarkets' appeal lies in its straightforward fixed spread offerings, though costs can vary significantly with platform choice.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 |
| Average Spread EUR/USD - Standard | 1 | 0.8 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing eToro and easyMarkets, both platforms cater to forex trading enthusiasts with the availability of CFDs or spot contracts. However, eToro shines with a more extensive collection of 5,461 tradeable symbols, compared to easyMarkets' 230. For those focused specifically on forex pairs, easyMarkets slightly leads eToro with 63 pairs against eToro's 55. Notably, eToro provides an edge for stock investors, as it offers exchange-traded securities from both U.S. and international exchanges, a service that easyMarkets lacks.
Cryptocurrency traders will find eToro more accommodating since it allows users to purchase actual cryptocurrencies, while easyMarkets only deals in derivatives. Both platforms offer copy trading features, making them appealing to novice traders seeking to replicate successful strategies. Reflecting their offerings, eToro received a 5-star rating for its range of investments, ranking 10th out of 63 brokers by ForexBrokers.com, whereas easyMarkets was given 3.5 stars, placing 54th in the same category.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 230 |
| Forex Pairs (Total) | 55 | 63 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | 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.
When comparing the trading platforms of eToro and easyMarkets, both brokers offer free virtual demo accounts that are ideal for newcomers looking to practice their trading skills without financial risk. Each platform has a proprietary trading system developed in-house, but they differ in platform accessibility. eToro provides a seamless web-based platform that fits user-friendly trading, while easyMarkets takes it further with a Windows-based desktop option. Both brokers support copy trading, but a point of divergence occurs in their support for third-party platforms, where only easyMarkets offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Neither broker supports DupliTrade or ZuluTrade.
Charting tools also show noticeable differences. Although the specific number of technical indicators provided by both brokers isn't specified, eToro surpasses with a generous 161 drawing tools compared to easyMarkets’ 30. However, easyMarkets users benefit from the ability to trade directly from stock charts—a feature not available in eToro's platform. In terms of watch list customization, easyMarkets allows for eight columns compared to eToro’s six. While both brokers come highly rated, eToro edges ahead with a 4.5-star rating and ranks eighth out of 63 brokers for trading platforms and tools, whereas easyMarkets holds a respectable but slightly lower 4-star rating and 35th rank.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 15 |
| Charting - Drawing Tools (Total) | 161 | 30 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and easyMarkets offer iPhone and Android apps, making them accessible to a wide range of users. When it comes to features, eToro provides price alerts for stocks and forex, a capability not available with easyMarkets. Both platforms allow watchlist syncing between mobile and online accounts, which is a convenient feature for active traders. Additionally, eToro's app offers a more extensive range of technical studies with 104, compared to easyMarkets' 81. However, if drawing trendlines is crucial for your trading strategy, easyMarkets has the upper hand because eToro does not support this feature.
Both mobile apps allow viewing of different time frames for charts, which is great for in-depth analysis. Neither platform automatically saves chart drawings, so traders will need to reapply annotations in each session. Users can create watchlists with real-time quotes on both apps, but eToro's mobile trading app holds a 4.5-star rating, slightly higher than easyMarkets' 4 stars. Additionally, eToro is ranked #10 out of 63 brokers by ForexBrokers.com for mobile trading apps, whereas easyMarkets is positioned at #30. Overall, eToro seems to edge out easyMarkets, especially when considering rankings and additional features like price alerts and the number of technical studies available.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 81 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research tools offered by eToro and easyMarkets, both platforms provide daily market commentary and access to sentiment-based trading tools that indicate the ratios of long or short positions in various instruments. However, eToro takes a lead with its offering of market research from TipRanks and technical analysis tools from Trading Central. EasyMarkets, in contrast, does not provide access to TipRanks but matches eToro by providing technical analytics through Trading Central. Both brokers lack tools from Autochartist and Acuity Trading, such as Signal Centre, but they do offer an economic calendar to track global news events.
eToro and easyMarkets also differ in their forex news offerings, with easyMarkets providing updates from high-caliber sources like Bloomberg and Reuters, whereas eToro does not. This distinction is reflected in their evaluation by ForexBrokers.com, where eToro scores higher with a rating of 4.5 stars, ranking 13th out of 63 brokers in the Research category, while easyMarkets receives 3.5 stars, ranking 43rd. This comprehensive comparison makes it clear that eToro offers a more advanced set of research tools, appealing to those who seek in-depth insights and broader analytical capabilities.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing eToro and easyMarkets in terms of educational resources for beginners, both platforms offer a solid foundation. eToro excels by providing a rich array of educational materials, including at least 10 articles, videos, and archived webinars covering forex and CFDs. Moreover, beginner traders can benefit from at least 10 introductory videos tailored specifically to their needs. eToro also hosts regular educational webinars, ensuring clients have continuous learning opportunities, with a searchable archive of past sessions for added convenience. Additionally, eToro provides an investor dictionary featuring definitions for over 50 investing terms.
easyMarkets matches eToro by offering a minimum of 10 educational pieces focused on forex and CFDs, and equally provides at least 10 beginner-friendly videos on trading topics. Similar to eToro, easyMarkets conducts monthly educational webinars and maintains an archive of these sessions for future reference. easyMarkets also includes a comprehensive investor dictionary. Despite these offerings, eToro receives a higher rating of 4.5 stars compared to easyMarkets’ 3.5 stars for education. Ranked #5 out of 63 brokers by ForexBrokers.com, eToro is recognized as a top choice for educational resources, while easyMarkets ranks at #39. Overall, both platforms offer substantial educational tools, with eToro standing out for those seeking a more highly-rated educational experience.
| Feature |
eToro
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than easyMarkets. eToro finished with an overall rank of #9, while easyMarkets finished with an overall rank of #42.
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
|
easyMarkets
|
|---|---|---|
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| Trust Score | 96 | 84 |
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eToro allows users to buy both actual cryptocurrency and cryptocurrency derivatives, while easyMarkets provides access only to cryptocurrency derivatives without offering actual cryptocurrency purchases.
When comparing online brokers eToro and easyMarkets, both offer ACH or SEPA transfers, Skrill, Visa or Mastercard, and bank wires for deposits and withdrawals, but only eToro provides the option to use PayPal.
Please 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.
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0 of 5| Overall Rating | eToro | easyMarkets | |
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| Trust Score | 96 | 84 | |
| Winner | check_circle | ||
| Review | eToro Review | easyMarkets Review |
| Broker Screenshots | eToro | easyMarkets | |
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| Regulation | eToro | easyMarkets | |
|---|---|---|---|
| Trust Score | 96 | 84 | |
| Year Founded | 2007 | 2001 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | eToro | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 230 | |
| Forex Pairs (Total) | 55 | 63 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 0.8 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $25 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | eToro | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 8 | |
| Charting - Indicators / Studies (Total) | 104 | 15 | |
| Charting - Drawing Tools (Total) | 161 | 30 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 81 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | No | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | easyMarkets | |
|---|---|---|---|
| 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 | |
| Review | eToro Review | easyMarkets Review |
| Overall | eToro | easyMarkets | |
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| Trust Score | 96 | 84 | |
| Winner | check_circle | ||
| Review | eToro Review | easyMarkets Review |
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