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: both are well-known online brokers with long track records. FOREX.com was founded in 1999 and eToro in 2007. Neither is a bank. FOREX.com is part of a publicly traded company (StoneX Group), while eToro is not currently listed on a stock exchange.
Regulation and trust differ slightly: FOREX.com holds 7 Tier-1 and 2 Tier-2 licenses, while eToro holds 4 Tier-1 and 1 Tier-2 license. As rated by ForexBrokers.com, FOREX.com has a 99/99 Trust Score and eToro scores 97/99โboth in the highly trusted 90โ99 range (80โ89 trusted, 70โ79 average risk, 60โ69 high risk, below 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 | 2 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing commissions and fees, FOREX.com comes out ahead of eToro for most traders. FOREX.com earns a 4.5-star rating and ranks #15 out of 36 brokers for commissions and fees. It offers several account types, including a Standard account and a commission-based RAW account. In the U.S., the Standard account has higher average spreads, with EUR/USD spreads around 1.4 pips, while the RAW account can be much cheaper, with typical EUR/USD spreads near 0.13 pips plus a commission. For active traders, FOREX.com also offers volume-based rebates, which can help lower costs further.
eToro earns a 4-star rating and ranks #22 out of 36 brokers in the same category. Its pricing is simple, but usually not the cheapest, with a typical EUR/USD spread of about 1 pip, which is a bit above the industry average. Most retail traders choose eToro more for its social and copy trading features than for low trading costs. eToro also offers a VIP club with tiered benefits for higher-balance clients, including lower withdrawal and deposit fees in some cases.
Overall, FOREX.com is the better pick if low trading costs are your main goal, especially if you use its RAW pricing or trade in higher volumes. eToro is still a solid choice for traders who value its platform and copy trading tools, but its fees are generally less competitive than FOREX.comโs.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Minimum Deposit | $100 | $50-$10,000 |
| Average spread (EUR/USD) - Standard account | 1.00 | 1 |
| All-in Cost EUR/USD - Active | 1.13 | 1 |
| 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.
When it comes to range of investments, both FOREX.com and eToro give traders access to forex as a CFD or spot contract, along with exchange traded securities on both U.S. and international exchanges. FOREX.com offers 5,500 tradeable symbols and 80 forex pairs, while eToro lists a larger overall selection with 7,441 tradeable symbols but fewer forex pairs at 65. Both brokers also offer cryptocurrency CFDs.
The biggest differences are in extra features and crypto access. eToro supports copy trading and lets clients buy actual cryptocurrency, while FOREX.com does not offer either of those options. In ForexBrokers.comโs Range of Investments category, both brokers earn 5 stars, but FOREX.com ranks #6 out of 36 brokers, ahead of eToro at #10. For traders who want more forex pairs, FOREX.com has the edge; for those who want copy trading and direct crypto เคเคฐเฅเคฆ? Wait no, correct wording. eToro has the edge.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 7441 |
| Forex Pairs (Total) | 80 | 65 |
| 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.
FOREX.com and eToro both give traders a free demo account, a web-based platform, and their own in-house trading platform, so each makes it easy to practice and trade online. Both also let users place trades directly from charts, which is helpful for active traders who want to react quickly to market moves. The key difference is that FOREX.com also offers a Windows desktop platform plus MetaTrader 4 and MetaTrader 5, while eToro does not support those desktop and MetaTrader options.
For tools and features, eToro stands out for copy trading, which lets users follow and mirror other traders, while FOREX.com does not offer that feature. Based on ForexBrokers.com ratings, FOREX.com scores 5 stars and ranks #5 out of 36 brokers for Trading Platforms and Tools, compared with eToroโs 4.5 stars and #8 ranking. Overall, FOREX.com is the stronger choice for platform variety and advanced trading options, while eToro is better for traders who want social and copy trading features.
| 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.
FOREX.com and eToro both give traders easy access to iPhone and Android apps, plus price alerts and watchlist syncing between mobile and online accounts. Each app also lets users draw trendlines on charts, which makes it simpler to track market moves on the go. For everyday mobile trading needs, both brokers cover the basics well and offer a smooth way to monitor stocks and forex from a phone.
Where FOREX.com pulls ahead is in chart tools and app performance. Its mobile app offers 90 technical studies, auto-saves chart drawings, and is rated 5 out of 5 stars for mobile trading apps, ranking #2 out of 36 brokers at ForexBrokers.com. eToro offers more technical studies at 104, but it does not auto-save drawings and is rated 4.5 out of 5 stars, placing it #10 out of 36. Overall, FOREX.com stands out for stronger mobile app usability, while eToro offers a slightly larger chart study selection.
| 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 | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FOREX.com and eToro both give traders useful market research tools, including daily market commentary, news from top sources like Bloomberg and Reuters, a sentiment tool showing long and short positioning, and an economic calendar for tracking global events. Neither broker offers Autochartist or Acuity Trading tools, so their research offerings are similar in some areas, but not identical.
FOREX.com has the edge for research overall because it also includes Trading Central, while eToro does not, and eToro stands out by offering TipRanks research, which FOREX.com lacks. That said, FOREX.com is rated 5 stars for Research and ranks #7 out of 36 brokers at ForexBrokers.com, while eToro is rated 4.5 stars and ranks #12, making FOREX.com the stronger choice for market research overall.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| 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 and eToro both give beginners plenty of ways to learn, with forex and CFD education that includes at least 10 learning pieces, monthly educational webinars, and a strong library of beginner and advanced trading videos. That means new traders can find plain-language help on the basics, while more experienced users can still access content that goes deeper into trading topics.
In terms of overall education quality, both brokers stand out, but eToro has a slight edge in the rankings. eToro is rated 4.5 out of 5 stars for Education and is ranked #3 out of 36 brokers by ForexBrokers.com, while FOREX.com earns 5 stars and is ranked #4. For beginners comparing the two, both are solid choices, but eToro may have the small advantage on overall education ranking, while FOREX.com scores a perfect star rating.
| 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 โ alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
eToro
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 99 | 97 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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 brokerโs overall global offering โ a โYesโ 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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FOREX.com | eToro | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 97 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | eToro Review |
| Broker Screenshots | FOREX.com | eToro | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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 | 2 | 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 CMA 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 | 65 | |
| 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 | 1 | |
| All-in Cost EUR/USD - Active | 1.13 | 1 | |
| 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 | Yes | |
| 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 | No | |
| 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 99 | 97 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | eToro Review |
IG
FOREX.com
CMC Markets
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill