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 (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 | 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 |
Comparing commissions and fees, both FOREX.com and eToro are market‑maker brokers, but their pricing styles differ. In the U.S., FOREX.com’s Standard account lists typical EUR/USD spreads of 1.4 pips (higher than average), while non‑U.S. pricing averaged 0.74 pips in July 2023. eToro’s typical EUR/USD spread is 1 pip, also a bit above the industry average. Many traders choose eToro for its social copy trading features rather than its spreads.
FOREX.com offers a commission-based RAW Spread account with typical EUR/USD spreads of 0.13 pips (February 2024) plus a $7 commission per standard lot ($3.50 per side), which adds about 0.7 pips to the effective cost. Active traders can earn volume rebates across six tiers, from $2 to $9 per million traded; however, unless you trade more than $50 million per month, all‑in costs for U.S. residents tend to look similar to the Standard account. The Standard account is also the only option for MetaTrader users. eToro runs a VIP Club (balances $5,000–$250,000) that offers perks like Trading Central access, discounted withdrawal/deposit fees, and a dedicated account manager, but its core pricing centers on the 1‑pip spread for EUR/USD.
Ratings and rankings for commissions and fees: FOREX.com is rated 4.5 out of 5 stars and ranks #15 of 63 brokers at ForexBrokers.com; eToro is also rated 4.5 out of 5 stars and ranks #22 of 63. In short, eToro’s spread-only pricing is straightforward but slightly elevated, while FOREX.com can become more cost‑competitive for high‑volume traders using its RAW account and rebates.
| 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.
Comparing FOREX.com vs eToro for market research, both brokers deliver daily market commentary, forex news from top-tier sources like Bloomberg or Reuters, and helpful Trading Central tools. Each also provides a sentiment tool that shows the balance of long and short positions, plus an economic calendar for upcoming events. Neither platform includes Autochartist or Acuity Trading tools.
For extras, eToro stands out with TipRanks research, which FOREX.com doesn’t offer. That said, both earn 4.5 out of 5 stars for Research from ForexBrokers.com, with FOREX.com ranked #7 out of 63 brokers and eToro at #13. Choose eToro if TipRanks is a priority; pick FOREX.com if you prefer a higher-ranked research lineup with similar core tools.
| 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.
FOREX.com vs eToro for beginners: both brokers deliver rich forex and CFD education with well over 10 pieces of learning material, including articles, videos, and archived webinars focused on trading basics. Each hosts monthly client webinars and provides at least 10 beginner-focused videos that walk newcomers through key topics like risk, orders, and platform use—making it easier to start with confidence.
If you plan to grow your skills, both brands also offer at least 10 advanced videos for experienced traders. In ForexBrokers.com’s Education ratings, FOREX.com and eToro each earn 4.5 out of 5 stars, with eToro ranked #3 and FOREX.com ranked #4 out of 63 brokers. That gives eToro a slight edge in placement, but both stand out for beginner education, so your choice may come down to which platform and teaching style you prefer.
| 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 | 96 |
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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 | 96 | |
| 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 | 96 | |
| 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 | 96 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | eToro Review |
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