Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs eToro, 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.
FOREX.com vs eToro: FOREX.com launched in 1999, while eToro began in 2007. Both are publicly traded online brokers and neither is a bank, so their safety relies on regulation and licensing rather than deposit insurance.
According to ForexBrokers.com, Trust Scores of 90–99 indicate a highly trusted broker, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted. FOREX.com holds seven Tier-1 licenses (highly trusted) and one Tier-2 license (trusted), earning a 99/99 Trust Score. eToro holds four Tier-1 licenses and one Tier-2 license, earning a 97/99 Trust Score. Both sit in the highly trusted range, with FOREX.com edging eToro in top-tier regulatory coverage and overall score.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Year Founded | 1999 | 2007 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
FOREX.com vs eToro: commissions and fees at a glance. FOREX.com earns 4.5/5 stars and ranks #15 of 63 for Commissions and Fees, while eToro earns 4/5 stars and ranks #22 of 63. Both are market‑maker brokers, but their pricing models suit different traders and volumes.
FOREX.com offers a spread‑only Standard account and a commission‑based RAW account. In the U.S., the Standard account showed typical EUR/USD spreads around 1.4 pips (July 2023), while outside the U.S. averages were closer to 0.74 pips. The RAW account replaces DMA and targets active traders: typical EUR/USD spreads were about 0.13 pips (Feb 2024) plus a base commission of $7 per standard lot ($3.50 per side), with volume rebates that can add $2–$9 per million traded. Extremely high‑volume clients (over $2 billion per month) can achieve all‑in costs comparable with top low‑cost rivals. For most U.S. traders who don’t clear $50 million per month, the RAW account’s all‑in costs often end up similar to the Standard account. The RAW account (with MetaTrader 5) is available in the U.S., Canada, and the EU.
eToro keeps pricing simple with a typical variable spread of 1 pip on EUR/USD, which is slightly above the industry average. Many choose eToro for its social copy trading rather than for the tightest spreads. Its VIP “eToro Club” spans Silver to Diamond tiers for balances of $5,000–$250,000, offering perks like Trading Central access, discounted withdrawal and deposit fees, and a dedicated account manager—benefits that complement, rather than directly lower, its spread-based pricing.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Minimum Deposit | $100 | $50-$10,000 |
| Average spread (EUR/USD) - Standard account | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.13 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FOREX.com vs. eToro: both support forex trading as CFDs or spot and both let you buy real, exchange‑traded stocks on U.S. and international exchanges. eToro lists more total instruments (7,441 vs. 5,500), while FOREX.com offers more forex pairs (80 vs. 55). Each earns 5 stars for Range of Investments, with ForexBrokers.com ranking FOREX.com #6 and eToro #11 out of 63 brokers in this category.
If you want the widest choice of forex pairs, FOREX.com has the edge. If you prefer a larger overall product lineup, social features, and the ability to buy actual cryptocurrency, eToro stands out. Both brokers also offer cryptocurrency trading via CFDs.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 7441 |
| Forex Pairs (Total) | 80 | 55 |
| U.S. Stocks (Shares) | Yes | Yes |
| Global Stocks (Non-U.S. Shares) | Yes | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| Cryptocurrency (CFDs) | 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.
Comparing FOREX.com vs eToro on trading platforms and tools: both brokers offer free demo (paper) accounts and in-house platforms you can use right in your browser. FOREX.com also provides a Windows desktop download, while eToro is web-only. Both let you place trades directly from charts, making it easy to act on what you see.
Platform extras differ. FOREX.com supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while eToro does not. On the other hand, eToro offers copy trading, which FOREX.com does not. For Trading Platforms and Tools, FOREX.com earns 5 stars (ranked #5 out of 63 by ForexBrokers.com) and eToro earns 4.5 stars (ranked #8). Choose FOREX.com if you want MT4/MT5 and a Windows desktop platform; pick eToro if copy trading and a streamlined web experience are your priorities.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 90 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and eToro offer full-featured mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and lets your watchlists sync across mobile and web, so changes update everywhere. That makes it easy to track markets and manage positions on the go.
For charting, eToro includes 104 technical studies versus 90 on FOREX.com. However, FOREX.com lets you draw trendlines and automatically saves your drawings, while eToro does not support trendlines or auto-saving. According to ForexBrokers.com, FOREX.com earns 5 stars and ranks #2 out of 63 brokers for Mobile Trading Apps, while eToro earns 4.5 stars and ranks #10. If you value drawing tools and saved annotations, FOREX.com is the stronger pick; if you want a wider selection of indicators, eToro has the edge.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 90 | 104 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FOREX.com vs eToro: both brokers deliver daily market commentary, top-tier forex news (from sources like Bloomberg/Reuters/Dow Jones or similar), Trading Central tools, sentiment gauges showing long/short ratios, and an economic calendar. Neither broker offers Autochartist or Acuity Trading tools. One key difference is TipRanks: eToro includes TipRanks research, while FOREX.com does not.
For overall research quality, ForexBrokers.com rates FOREX.com at 5 stars and ranks it #7 out of 63 brokers, while eToro earns 4.5 stars and ranks #13. Choose eToro if TipRanks is a must-have within your platform; pick FOREX.com if you want a higher-rated research suite with Trading Central and sentiment tools alongside premium news and daily commentary.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing FOREX.com vs. eToro for beginner education, both brokers make it easy to learn forex and CFDs. Each hosts online client webinars at least once a month and offers plenty of videos, including 10+ beginner lessons that explain trading basics and 10+ advanced videos for when you’re ready to go deeper.
Ratings and rankings are close: FOREX.com earns 5 stars for Education, while eToro scores 4.5 stars. In ForexBrokers.com’s Education category, eToro ranks #3 out of 63 brokers and FOREX.com ranks #4. If you want the highest star rating, pick FOREX.com; if a slightly higher overall category rank matters more, eToro edges ahead. Either way, beginners will find ample webinars and videos to build confidence.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than eToro. FOREX.com finished with an overall rank of #4, while eToro finished with an overall rank of #9.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 97 |
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In the FOREX.com vs eToro crypto comparison, eToro supports buying actual (delivered) cryptocurrencies and trading cryptocurrency CFDs, whereas FOREX.com does not offer delivered coins and only provides cryptocurrency CFDs.
Comparing deposit and withdrawal methods, both FOREX.com and eToro support ACH/SEPA transfers, PayPal, Skrill, and bank wire transfers, while Visa/Mastercard availability is not specified for either broker.
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 | FOREX.com | eToro | |
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| Trust Score | 99 | 97 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | eToro Review |
| Broker Screenshots | FOREX.com | eToro | |
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| Regulation | FOREX.com | eToro | |
|---|---|---|---|
| Trust Score | 99 | 97 | |
| Year Founded | 1999 | 2007 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 4 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | eToro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | eToro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | eToro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 7441 | |
| Forex Pairs (Total) | 80 | 55 | |
| U.S. Stocks (Shares) | Yes | Yes | |
| Global Stocks (Non-U.S. Shares) | Yes | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| Cryptocurrency (CFDs) | 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 | FOREX.com | eToro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.13 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | eToro | |
|---|---|---|---|
| Minimum Deposit | $100 | $50-$10,000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FOREX.com | eToro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | FOREX.com | eToro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | eToro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 90 | 104 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | FOREX.com | eToro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | eToro | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FOREX.com | eToro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | eToro Review |
| Overall | FOREX.com | eToro | |
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| Trust Score | 99 | 97 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | eToro Review |
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