Written by ForexBrokers.com
In this head to head comparison of eToro vs FP Markets, 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.
eToro and FP Markets are both well-known online brokers with long track records. eToro, founded in 2007, is publicly traded, while FP Markets, founded in 2005, is privately held. Neither broker is a bank.
In terms of regulation, eToro holds 4 Tier-1 licenses and 1 Tier-2 license, while FP Markets holds 2 Tier-1 licenses and 1 Tier-2 license. On the ForexBrokers.com Trust Score, eToro scores 97/99 and FP Markets scores 90/99—both fall in the “highly trusted” range (90–99) according to ForexBrokers.com.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Year Founded | 2007 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When it comes to commissions and fees, FP Markets generally offers lower trading costs than eToro, especially for active forex traders using its commission-based Raw ECN pricing. eToro lists a typical variable spread of 1.0 pip on EUR/USD, which is a bit higher than the industry average, while FP Markets can deliver near‑zero raw spreads plus a small commission. Ratings and rankings: eToro — 4/5 stars, ranked #22 of 63; FP Markets — 4.5/5 stars, ranked #11 of 63 for Commissions and Fees.
eToro is a market-maker, so most costs are built into the spread. Its typical EUR/USD spread is about 1 pip, and many clients choose eToro more for its social copy trading than for the tightest pricing. For larger balances, the eToro Club (Silver to Diamond, $5,000–$250,000) adds perks like Trading Central, discounted deposit/withdrawal fees, and a dedicated account manager. Commissions and Fees rating: 4/5 stars; category rank: #22 of 63.
FP Markets is priced very competitively on MetaTrader and cTrader. Its Raw ECN account averaged 0.1 pips on EUR/USD as of October 2023 (about 0.8 pips all‑in after the $6 round‑turn commission per standard lot). The Standard (spread‑only) account averaged 1.1 pips. For share CFDs, the Iress suite offers DMA pricing with full depth of book, though ViewPoint tiers can involve platform/data fees unless you trade enough; the lower‑cost Iress Investor plan is more limited. FP Markets earned Best in Class for Commissions and Fees in 2024. Commissions and Fees rating: 4.5/5 stars; category rank: #11 of 63.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 AUD |
| Average spread (EUR/USD) - Standard account | 1 | 1.3 |
| All-in Cost EUR/USD - Active | 1 | 0.9 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
eToro vs FP Markets: Both brokers support forex trading as CFDs or spot contracts. FP Markets lists about 10,000 tradeable symbols and 71 currency pairs, while eToro offers 7,441 symbols and 55 pairs. If you want to buy real stocks, eToro lets you purchase exchange-traded shares on U.S. markets (like NASDAQ) as well as major international exchanges; FP Markets does not offer exchange-traded shares. Both platforms support copy trading. For crypto, eToro lets you buy actual coins and trade crypto via CFDs, while FP Markets offers crypto only through CFDs.
In the Range of Investments category from ForexBrokers.com, eToro earned 5 stars and ranked 11th out of 63 brokers; FP Markets received 4.5 stars and ranked 17th. In short, eToro suits investors who want access to real stocks and the option to hold cryptocurrencies, while FP Markets may appeal if you prioritize a larger overall symbol list and more forex pairs.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 10000 |
| Forex Pairs (Total) | 55 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| 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 trading platforms and tools, both eToro and FP Markets provide free demo accounts and their own in-house platforms, plus browser-based trading and copy trading. eToro does not offer a Windows desktop platform, while FP Markets does, which may appeal to traders who prefer a downloadable setup. Both brokers let you place trades directly from charts.
Platform choice differs most around MetaTrader: eToro does not support MT4 or MT5, whereas FP Markets offers both. Counts for technical indicators and watchlist columns were not specified. For trading platforms and tools, eToro is rated 4.5/5 and ranks #8 out of 63 brokers on ForexBrokers.com, while FP Markets earns 4/5 and ranks #22. If you want MT4/MT5 or a Windows desktop platform, FP Markets is the better fit; if you’re happy with a web platform and copy trading, eToro is a strong pick.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro vs FP Markets: both brokers offer iPhone and Android mobile trading apps with price alerts. eToro stands out for watchlist syncing between the app and web platform, while FP Markets does not sync watchlists. Both apps let you draw trendlines; however, FP Markets auto-saves chart drawings, and eToro does not—something to keep in mind if you annotate charts often.
For charting, eToro provides 104 technical indicators in its mobile app, whereas FP Markets offers the default set available in MetaTrader. According to ForexBrokers.com, eToro’s mobile app earns 4.5 stars and ranks #10 out of 63 brokers, while FP Markets earns 4 stars and ranks #20. If you value extensive indicators and synced watchlists, eToro has the edge; if you prefer MetaTrader’s familiar tools with auto-saved drawings, FP Markets is a solid pick.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
In the eToro vs FP Markets market research matchup, both brokers cover the essentials: daily market commentary, forex news from top-tier sources (think Bloomberg/Reuters-level), Trading Central tools, a sentiment gauge showing long vs. short positions, and an economic calendar. Neither integrates Acuity Trading.
The key differences come down to specialist tools. eToro adds TipRanks for analyst ratings and stock research, while FP Markets includes Autochartist for chart pattern scanning and trade ideas. If you want equity-focused insights and crowd sentiment, eToro fits well; if you lean on technical pattern alerts, FP Markets stands out. On balance, eToro earns 4.5 stars and ranks #13 out of 63 brokers for Research, while FP Markets scores 4 stars and ranks #22.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing eToro and FP Markets, both brokers deliver wide forex and CFD education libraries that easily clear the “10 pieces” bar, including articles and videos. Each hosts monthly client webinars and offers at least 10 beginner-focused videos to help you learn the basics step by step. As you advance, both also provide 10+ videos for experienced traders, so your learning can keep pace with your skills.
Where they differ is quality and recognition: eToro earns 4.5 stars for Education and ranks #3 out of 63 brokers at ForexBrokers.com, while FP Markets holds 4 stars and ranks #22. In short, both are strong choices for beginners, but eToro edges ahead for overall education depth and industry standing, whereas FP Markets still offers steady, webinar-led guidance and a sizable video library.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| 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 eToro is better than FP Markets. eToro finished with an overall rank of #9, while FP Markets finished with an overall rank of #19.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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FP Markets
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| Trust Score | 97 | 90 |
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In the eToro vs FP Markets comparison, eToro lets you buy real, delivered cryptocurrency and trade crypto CFDs, while FP Markets does not offer delivered crypto but does provide cryptocurrency CFDs.
In the eToro vs FP Markets comparison for deposit and withdrawal methods, eToro supports ACH/SEPA, PayPal, Skrill, and bank wire transfers, while FP Markets offers PayPal, Skrill, and bank wire transfers but not ACH/SEPA.
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 | eToro | FP Markets | |
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| Trust Score | 97 | 90 | |
| Winner | check_circle | ||
| Review | eToro Review | FP Markets Review |
| Broker Screenshots | eToro | FP Markets | |
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| Regulation | eToro | FP Markets | |
|---|---|---|---|
| Trust Score | 97 | 90 | |
| Year Founded | 2007 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 10000 | |
| Forex Pairs (Total) | 55 | 71 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| 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 | eToro | FP Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 1.3 | |
| All-in Cost EUR/USD - Active | 1 | 0.9 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | eToro | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | FP Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | FP Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | FP Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | eToro | FP Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | FP Markets Review |
| Overall | eToro | FP Markets | |
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| Trust Score | 97 | 90 | |
| Winner | check_circle | ||
| Review | eToro Review | FP Markets Review |
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