eToro vs ETX Capital Review
Is eToro better than ETX Capital ? After scoring forex brokers on nearly 100 different variables, eToro is better than ETX Capital .
To assess both of these forex brokers, we will begin with cost. Comparing two fx brokers on cost is not easy. First, not every broker publicizes their average spreads. And, for the brokers that do publish their data, the formulas used to calculate average spreads can vary. Furthermore, the currency pair you are trading can impact cost, as well as the execution policies of the broker. Dealing desk or no dealing desk? The list goes on and on. To make comparing cost easy, we have a star rating that takes everything into account. ETX Capital received a rating of 4.00 stars over eToro's 3.50 stars.
Next to commissions and fees, regulation and currency availability are important to take into consideration. You want to trust and have confidence the forex broker you choose. Both eToro and ETX Capital are regulated in a major hub. eToro nor ETX Capital are publicly traded companies. And, when it comes to total currency pairs available to trade, a quick comparison is helpful. ETX Capital offers its clients access to 59 different currency pairs while eToro has 47 available pairs, a difference of 12.
To round out our comparison of eToro vs ETX Capital , let's look at the tools and features most used by forex traders. For trading platforms, traders are all familiar with MetaTrader. ETX Capital has Meta Trader, eToro doesn't. With a platform picked out, looking at charts is a must so they should be of high-quality. As part of our research, we count the number of drawing tools and total technical indicators available. ETX Capital offers its clients access to 31 charting tools while eToro has 14 charting tools, a difference of 17. ETX Capital trails eToro by 16 total different indicators (for example, moving averages), with eToro offering 67 and ETX Capital offering 51.
ETX Capital Review
Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 02/18/2019 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.