Written by ForexBrokers.com
In this head to head comparison of eToro vs FXOpen, 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 FXOpen: For regulation and trust, eToro holds 4 Tier-1 licenses (rated highly trusted by ForexBrokers.com) plus 1 Tier-2 license (trusted), while FXOpen holds 2 Tier-1 licenses and no Tier-2 licenses. This aligns with their ForexBrokers.com Trust Scores: eToro scores 96/99, which sits in the highly trusted 90–99 range, and FXOpen scores 76/99, which falls into the 70–79 average-risk range.
Founded in 2007, eToro is publicly traded and not a bank. FXOpen, founded in 2003, is not publicly traded and is also not a bank. If regulatory strength and third-party trust ratings matter to you, these details highlight a clear difference between the two online brokers.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Year Founded | 2007 | 2003 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing eToro vs FXOpen for commissions and fees: eToro is a market-maker and publishes a typical variable spread of 1 pip on EUR/USD, which is slightly higher than the industry average. Many retail traders use eToro for its social copy trading rather than for the tightest spreads. For Commissions and Fees, eToro is rated 4.5/5 stars and ranked #23 out of 63 brokers by ForexBrokers.com.
eToro also offers a VIP Club (Silver to Diamond) for balances from $5,000 to $250,000, with perks that can reduce costs, such as discounted withdrawal and deposit fees, plus access to Trading Central and a dedicated account manager.
FXOpen does not provide average spread data, so a direct, like-for-like cost comparison is limited. That said, FXOpen earns 4/5 stars and is ranked #45 out of 63 for Commissions and Fees by ForexBrokers.com. If transparent, published spreads and fee-related perks matter to you, eToro currently offers clearer pricing details, while FXOpen’s precise trading costs are less visible from the available data.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average spread (EUR/USD) - Standard account | 1 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing eToro and FXOpen for range of investments, eToro offers far more to choose from: 7,441 tradeable symbols and 55 forex pairs, versus FXOpen’s 87 symbols and 25 pairs. eToro also lets you buy exchange-traded stocks directly on both U.S. markets (like Apple) and international exchanges (like Vodafone), while FXOpen doesn’t offer real shares. For crypto, eToro supports both actual coins you can buy and hold as well as crypto CFDs; FXOpen supports crypto CFDs only.
Both brokers support forex trading via CFDs and/or spot contracts and both provide copy trading. Still, for overall variety, eToro earns 5 stars and ranks 11th out of 63 brokers for Range of Investments at ForexBrokers.com, compared with FXOpen’s 3 stars and 63rd place. If having the widest selection of assets matters—from stocks to crypto and more—eToro is the stronger pick, whereas FXOpen covers the basics with a much smaller lineup.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 87 |
| Forex Pairs (Total) | 55 | 25 |
| 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). |
Dive deeper: Best Copy Trading Platforms.
eToro and FXOpen both make it easy to test strategies with free paper trading (virtual demo accounts), offer web-based platforms, and let you place orders directly from charts. The big difference is platform choice: eToro provides its own in-house platform with built-in copy trading, but does not offer a Windows desktop download or MetaTrader. FXOpen does not have a proprietary platform, yet it supports the popular MetaTrader 4 and MetaTrader 5 platforms and includes a Windows desktop terminal alongside its web platform; it also offers copy trading.
For Trading Platforms and Tools, eToro is rated 4.5 stars and ranks #8 out of 63 brokers by ForexBrokers.com, while FXOpen earns 4 stars and ranks #54. If you want a streamlined, browser-based experience with social investing features, eToro stands out. If you prefer the classic MetaTrader environment and a downloadable Windows platform, FXOpen is the better fit. Both brokers support chart trading and watchlists, and each provides a demo account to practice before going live.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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.
Both eToro and FXOpen offer full-featured mobile trading apps for iPhone and Android, and both include stock and forex price alerts. A key difference is watchlists: eToro syncs watchlists between the app and your online account, so any changes carry over automatically, while FXOpen does not sync watchlists.
For charting, eToro packs in 104 technical studies but doesn’t let you draw trendlines. FXOpen offers fewer studies (30) but does support drawing trendlines; neither app auto-saves drawings. In independent reviews, eToro is rated 4.5 out of 5 stars and ranked #10 out of 63 brokers for Mobile Trading Apps by ForexBrokers.com, while FXOpen earns 4 stars and ranks #55. Choose eToro if you want more indicators and seamless watchlist syncing; pick FXOpen if drawing tools are more important to you.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Comparing eToro vs FXOpen for market research: both brokers publish daily market commentary, stream forex news from top-tier sources like Bloomberg/Reuters/Dow Jones (or similar), and include an economic calendar. Neither integrates Autochartist. eToro adds more depth with Trading Central analytics, a sentiment tool that shows long/short ratios, and TipRanks research. eToro does not offer Acuity Trading tools, while FXOpen does not list Trading Central or a sentiment tool; TipRanks and Acuity availability for FXOpen are not indicated.
For research quality, eToro is rated 4.5/5 stars and ranked #13 out of 63 by ForexBrokers.com. FXOpen is rated 3/5 stars and ranked #64. If you want added insights and trader sentiment alongside news and calendars, eToro is the stronger choice; if you only need basic commentary, news, and an economic calendar, both brokers cover the essentials.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | Yes | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing eToro vs FXOpen for beginner education: eToro stands out. It runs monthly online educational webinars and offers at least 10 beginner-friendly trading videos, plus 10+ advanced videos for when you’re ready to level up. FXOpen does not host monthly educational webinars and does not provide at least 10 beginner videos (nor 10 advanced videos), so its learning path is more limited for new traders exploring forex and CFDs.
The ratings reflect this difference: eToro earns 4.5 out of 5 stars for Education and ranks #5 out of 63 brokers on ForexBrokers.com. FXOpen scores 3 out of 5 stars and ranks #59 out of 63. If you’re just starting out and want a richer mix of webinars and videos, eToro is the stronger choice, while FXOpen may suit traders who need only basic materials.
| Feature |
eToro
|
FXOpen
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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 FXOpen. eToro finished with an overall rank of #9, while FXOpen finished with an overall rank of #54.
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
|
FXOpen
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 96 | 76 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In the eToro vs FXOpen online broker comparison, eToro lets you buy actual (delivered) cryptocurrencies and trade crypto CFDs, while FXOpen supports only cryptocurrency CFDs and does not offer delivered coins.
eToro vs FXOpen: eToro offers ACH/SEPA transfers, PayPal, Skrill, and bank wire funding options, while FXOpen supports Skrill and bank wires but not ACH/SEPA or PayPal.
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 | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 76 | |
| Winner | check_circle | ||
| Review | eToro Review |
| Broker Screenshots | eToro | FXOpen | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | eToro | FXOpen | |
|---|---|---|---|
| Trust Score | 96 | 76 | |
| Year Founded | 2007 | 2003 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | FXOpen | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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 | FXOpen | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 87 | |
| Forex Pairs (Total) | 55 | 25 | |
| 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). |
| Cost | eToro | FXOpen | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | FXOpen | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 | No |
| Trading Tools | eToro | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
|---|---|---|---|
| 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 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | FXOpen | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | eToro | FXOpen | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | FXOpen | |
|---|---|---|---|
| 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 |
| Overall | eToro | FXOpen | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 76 | |
| Winner | check_circle | ||
| Review | eToro Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill