FOREX.com vs eToro 2025

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

FOREX.com (founded 1999) and eToro (founded 2007) are well-known online brokers. Both are publicly traded and neither is a bank.

When it comes to regulation, FOREX.com holds 7 Tier-1 licenses and 1 Tier-2 license, while eToro holds 4 Tier-1 licenses and 1 Tier-2 license. On ForexBrokers.com’s 99-point Trust Score, FOREX.com scores 99 and eToro scores 96—both in the highly trusted 90–99 range (for context: 80–89 trusted, 70–79 average risk, 60–69 high risk, under 59 not trusted).

Feature	FOREX.com	eToro
Year Founded info	1999	2007
Publicly Traded (Listed) info	Yes	Yes
Bank info	No	No
Tier-1 Licenses info	7	4
Tier-2 Licenses info	1	1
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	1

Fees

Comparing commissions and fees, both FOREX.com and eToro earn 4.5/5 stars. In ForexBrokers.com’s Commissions & Fees rankings, FOREX.com places #14 of 63, while eToro ranks #23 of 63. The key difference: FOREX.com offers spread-only and spread-plus-commission pricing, whereas eToro sticks to spread-only pricing.

FOREX.com’s Standard account is spread-only and can be pricier in the U.S., with typical EUR/USD spreads around 1.4 pips (July 2023). Outside the U.S., typical EUR/USD spreads averaged about 0.74 pips in July 2023. Its RAW account (available in the U.S., EU, and Canada) lists typical EUR/USD spreads near 0.13 pips (Feb 2024) plus a $7 commission per standard lot ($3.50 per side), which adds roughly 0.7 pips—making the all-in cost about 0.83 pips before any rebates. Active traders can earn volume rebates across six tiers, from $2 to $9 per million. Unless you trade more than $50 million per month, the RAW account’s all-in costs for U.S. residents are similar to the Standard account; very high-volume traders (over $2 billion monthly) can approach ultra-tight effective spreads.

eToro is a market maker with a typical variable spread of about 1 pip on EUR/USD—slightly above the industry average—and no separate per-trade forex commission. Many choose eToro for its social copy trading rather than the lowest spreads. For extras, the eToro Club VIP program spans five tiers (Silver to Diamond) for balances of $5,000–$250,000, offering perks like access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.

Feature	FOREX.com	eToro
Minimum Deposit info	$100	$50-$10,000
Average spread (EUR/USD) - Standard account info	1.4 info	1 info
All-in Cost EUR/USD - Active info	0.9 info	N/A
Non-wire bank transfer info	Yes	Yes
PayPal (Deposit/Withdraw) info	Yes	Yes
Skrill (Deposit/Withdraw) info	Yes	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

FOREX.com and eToro both let you trade forex either as CFDs or spot contracts. FOREX.com offers about 5,500 tradeable symbols and a wide 80 forex pairs, while eToro lists 7,441 symbols with 55 currency pairs. For stocks, eToro stands out by allowing you to buy real, exchange-traded shares on both U.S. and international markets; FOREX.com does not offer real stock trading. Crypto access differs too: both brokers provide cryptocurrency CFDs, but only eToro lets you buy actual crypto. eToro also includes copy trading, which FOREX.com doesn’t.

Both brokers earn 5 out of 5 stars for Range of Investments from ForexBrokers.com, with FOREX.com ranked #7 of 63 and eToro ranked #11. Pick FOREX.com if you want more currency pairs. Choose eToro if you want more total symbols, real stocks, real crypto, and the option to copy other traders.

Feature	FOREX.com	eToro
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	5500 info	7441
Forex Pairs (Total) info	80	55
U.S. Stocks (Shares) info	No	Yes
Global Stocks (Non-U.S. Shares) info	No	Yes
Copy Trading info	No	Yes
Cryptocurrency (Underlying) info	No	Yes
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

FOREX.com vs eToro: both brokers offer a free paper-trading demo account, their own proprietary platforms, and easy-to-use web platforms. You can place trades directly from charts with either broker, and both include technical indicators and watchlists. Key differences: FOREX.com provides a Windows desktop download platform, while eToro does not. eToro offers copy trading; FOREX.com does not.

If you want MetaTrader, FOREX.com supports both MT4 and MT5, whereas eToro does not support either and focuses on its social trading experience. According to ForexBrokers.com, FOREX.com earns 5 stars and ranks #7 out of 63 for Trading Platforms and Tools, while eToro earns 4.5 stars and ranks #8. In short, choose FOREX.com if you need MT4/MT5 and a desktop app; pick eToro if copy trading and a streamlined web experience matter most.

Feature	FOREX.com	eToro
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	Yes	Yes
Desktop Platform (Windows) info	Yes	No
Web Platform info	Yes	Yes
Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	Yes	No
MetaTrader 5 (MT5) info	Yes	No
Charting - Indicators / Studies (Total) info	88	106
Charting - Trade From Chart info	Yes	Yes

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

Forex trading apps

Both FOREX.com and eToro offer full-featured mobile trading apps for iPhone and Android, complete with price alerts and watchlists that sync between your phone and your online account. For charting, eToro packs in more technical studies (104 vs. 88 on FOREX.com), which appeals to indicator-heavy traders. However, FOREX.com lets you draw trendlines on forex and stock charts and automatically saves your drawings, while eToro does not support trendlines or auto-saving chart annotations.

In overall scores for Mobile Trading Apps, FOREX.com is rated 5 stars and eToro 4.5 stars. Reflecting that edge, ForexBrokers.com ranks FOREX.com #3 out of 63 brokers for mobile apps, compared with eToro at #10. Choose FOREX.com if you value drawing tools and saved chart work across sessions; pick eToro if a larger set of built-in indicators is your top priority.

Feature	FOREX.com	eToro
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	88	104
Mobile Charting - Draw Trendlines info	Yes	No
Mobile Charting - Trendlines Autosave info	Yes	No

Dive deeper: Best Forex Trading Apps.

Market research

FOREX.com vs eToro: Both brokers deliver a well-rounded market research suite. You get daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, Trading Central analytics, a sentiment tool that shows long/short positioning, and an economic calendar covering global events. Neither platform currently includes Autochartist or Acuity Trading (Signal Centre) tools.

The standout difference is TipRanks: eToro includes TipRanks research, while FOREX.com does not. Even so, both earn 4.5/5 stars for Research. In ForexBrokers.com’s rankings out of 63 brokers, FOREX.com places #9 and eToro ranks #13. If you value a slightly higher category ranking, FOREX.com edges ahead; if TipRanks data matters to you, eToro has the advantage.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

In this FOREX.com vs eToro education comparison, both brokers offer plenty of learning tools for new forex and CFD traders. Each hosts monthly client webinars and provides large video libraries, including at least 10 beginner videos to teach the basics and at least 10 advanced videos for when you’re ready to progress.

Both earned 4.5 out of 5 stars for Education from ForexBrokers.com. In the Education category, FOREX.com ranks #4 out of 63 brokers, while eToro ranks #5 out of 63. That gives FOREX.com a slight edge, but beginners will find strong support on either platform thanks to their videos and webinars.

Feature	FOREX.com	eToro
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 #5, 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 info
Trust Score info	99	96
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	FOREX.com	eToro
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	96
Winner	check_circle
Review	FOREX.com Review	eToro Review

Broker Screenshots	FOREX.com	eToro
Broker Gallery (click to expand) info

Regulation	FOREX.com	eToro
Trust Score info	99	96
Year Founded info	1999	2007
Publicly Traded (Listed) info	Yes	Yes
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	Yes info
Tier-1 Licenses info	7	4
Tier-2 Licenses info	1	1
Tier-3 Licenses info	0	0
Tier-4 Licenses info	1	1

Tier-1 Licenses (Highly Trusted)	FOREX.com	eToro
Australia (ASIC Authorised) info	Yes	Yes
Canada (CIRO Authorised) info	Yes	No
Hong Kong (SFC Authorised) info	No	No
Japan (SFC Authorised) info	Yes	No
Singapore (MAS Authorised) info	Yes	Yes
Switzerland (FINMA Authorised) info	No
United Kingdom (U.K.) (FCA Authorised) info	Yes	Yes
USA (CFTC Authorized) info	Yes	No
New Zealand (FMA Authorised) info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	Yes info

Tier-2 Licenses (Trusted)	FOREX.com	eToro
Kenya (CMA Authorised) info	No
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	Yes	Yes info
India (SEBI Authorised) info	No	No
Jordan (JSC Authorised) info	No

Investments	FOREX.com	eToro
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	5500 info	7441
Forex Pairs (Total) info	80	55
U.S. Stocks (Shares) info	No	Yes
Global Stocks (Non-U.S. Shares) info	No	Yes
Copy Trading info	No	Yes
Cryptocurrency (Underlying) info	No	Yes
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	FOREX.com	eToro
Average spread (EUR/USD) - Standard account info	1.4 info	1 info
All-in Cost EUR/USD - Active info	0.9 info	N/A
Inactivity Fee info	Yes	Yes
Order execution: Agency info	No	Yes
Order execution: Market Maker info	Yes	Yes

Funding	FOREX.com	eToro
Minimum Deposit info	$100	$50-$10,000
PayPal (Deposit/Withdraw) info	Yes	Yes
Skrill (Deposit/Withdraw) info	Yes	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes
Non-wire bank transfer info	Yes	Yes

Trading Platforms	FOREX.com	eToro
Proprietary Desktop Trading Platform info	Yes	Yes
Desktop Platform (Windows) info	Yes	No
Web Platform info	Yes	Yes
Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	Yes	No
MetaTrader 5 (MT5) info	Yes	No
cTrader info	No	No

Trading Tools	FOREX.com	eToro
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	88	106
Charting - Trade From Chart info	Yes	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	FOREX.com	eToro
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	Yes
Mobile Charting - Indicators / Studies info	88	104
Mobile Charting - Draw Trendlines info	Yes	No
Mobile Charting - Trendlines Autosave info	Yes	No
Mobile Research - Economic Calendar info	Yes	No

Research	FOREX.com	eToro
Daily Market Commentary (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	Yes	Yes
Autochartist info	No	No
Trading Central info	Yes	Yes
TipRanks info	No	Yes
Client sentiment data info	Yes	Yes
Economic Calendar info	Yes	Yes

Education	FOREX.com	eToro
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	Yes

Major Forex Pairs	FOREX.com	eToro
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	FOREX.com Review	eToro Review

Overall	FOREX.com	eToro
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	96
Winner	check_circle
Review	FOREX.com Review	eToro Review