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 vs FP Markets: both are online brokers and not banks. eToro was founded in 2007 and is publicly traded, while FP Markets started in 2005 and is not listed.
Regulation and safety: eToro holds 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). FP Markets holds 2 Tier-1 and 1 Tier-2 license. On ForexBrokers.com’s Trust Score, eToro scores 96/99 (highly trusted: 90–99) and FP Markets scores 89/99 (trusted: 80–89). For context, 70–79 is average risk, 60–69 high risk, and 59 or below should not be trusted.
| 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 |
Comparing eToro vs FP Markets on commissions and fees, FP Markets generally offers lower trading costs—especially on its commission-based Raw ECN account—while eToro’s spreads are slightly higher. FP Markets is rated 5 stars and ranks #11 out of 63 brokers for Commissions and Fees. eToro is rated 4.5 stars and ranks #22 out of 63.
eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is slightly higher than the industry average. Many traders choose eToro for its social copy trading features rather than ultra-low spreads. For larger balances, the eToro Club provides five VIP tiers (Silver to Diamond) for $5,000–$250,000, with perks such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager.
FP Markets delivers highly competitive pricing across 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 commission—and charges a flat $6 per round-turn per standard lot on forex. The Standard account averaged 1.1 pips. FP Markets also earned Best in Class honors for Commissions and Fees in the 2024 Annual Awards. For share CFDs, the Iress suite offers DMA pricing with full depth of book; in Australia, Iress ViewPoint tiers have higher minimum deposits (AUD 1,000/25,000/50,000) and platform/data fee rules unless you meet activity thresholds, while the Iress Investor option waives monthly fees but has fewer features.
| Feature |
eToro
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 AUD |
| Average spread (EUR/USD) - Standard account | N/A | 1.3 |
| All-in Cost EUR/USD - Active | N/A | 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.
Comparing eToro vs FP Markets for range of investments: both brokers support forex trading (CFD or spot). FP Markets lists more total instruments (about 10,000 vs eToro’s 7,441) and a wider selection of forex pairs (71 vs 55). Despite that, eToro earns a 5-star rating for Range of Investments and ranks #11 out of 63 brokers, while FP Markets holds 4.5 stars and ranks #16.
eToro stands out for access to real, exchange-traded stocks on both U.S. and international exchanges—something FP Markets doesn’t offer outside of CFDs. For crypto, eToro lets you buy actual coins and trade crypto CFDs, whereas FP Markets supports crypto CFDs only. Both brokers offer copy trading. In short, pick eToro if you want real stocks and the option to own crypto; choose FP Markets if you want a larger CFD lineup 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.
Comparing eToro vs FP Markets for mobile trading: both brokers offer iPhone and Android apps and support price alerts. The key differences show up in charting and account syncing. eToro delivers 104 technical studies in its app and lets your watchlists sync across devices and the web platform. FP Markets relies on MetaTrader’s default set of studies, but it gives you the ability to draw trendlines on charts and automatically saves your drawings—features eToro’s app doesn’t provide.
In independent testing, eToro’s mobile app earned 4.5 out of 5 stars and ranked #10 out of 63 brokers at ForexBrokers.com, while FP Markets scored 4 out of 5 stars and ranked #20. In short, eToro is great if you want lots of indicators and seamless watchlist syncing across devices, whereas FP Markets suits traders who prefer drawing tools and having chart annotations saved automatically.
| 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 | No | 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
|
FP Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 96 | 89 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | FP Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 89 | |
| Winner | check_circle | ||
| Review | eToro Review | FP Markets Review |
| Broker Screenshots | eToro | FP Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | eToro | FP Markets | |
|---|---|---|---|
| Trust Score | 96 | 89 | |
| 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 SCA 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 | N/A | 1.3 | |
| All-in Cost EUR/USD - Active | N/A | 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 | No | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 89 | |
| Winner | check_circle | ||
| Review | eToro Review | FP Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Pepperstone
FP Markets
Tickmill