Written by ForexBrokers.com
In this head to head comparison of eToro vs FxPro, 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.
When comparing eToro and FxPro, it's important to highlight their trust ratings and regulatory standings. eToro, established in 2007 and publicly traded, has achieved a Trust Score of 96 according to ForexBrokers.com, placing it in the highly trusted category. It holds three Tier-1 licenses, which are highly trusted, and one Tier-2 license. Even though eToro is not a bank, its strong regulatory oversight enhances its reputation among users.
In contrast, FxPro, founded in 2006, operates as a bank but is not publicly traded. It has a Trust Score of 93, denoting a high level of trust, with two Tier-1 licenses and one Tier-2 license. While slightly behind eToro in the number of Tier-1 licenses, FxPro maintains a solid regulatory framework, supporting user confidence. Both brokers offer regulated and secure trading environments for those interested in online trading.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Year Founded | 2007 | 2006 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | Yes |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
For traders evaluating eToro and FxPro based on commissions and fees, there are notable differences to consider. eToro, a market-maker broker with a focus on social copy trading, offers spreads starting at 1 pip on the EUR/USD, which is slightly above the industry norm. While its trading fees might not attract those seeking the lowest spreads, eToro provides a VIP club (eToro Club) featuring five membership tiers ranging from Silver to Diamond, catering to balances between $5,000 and $250,000. Benefits of this program include access to advanced market insights, reduced withdrawal and deposit fees, and personalized account management. Ranked as #22 out of 63 brokers by ForexBrokers.com and rated 4.5 stars for commissions and fees, eToro’s appeal lies in its unique social trading features rather than competitive pricing.
FxPro, in contrast, might not be the go-to option for cost-conscious traders when it comes to fees, given its pricing slightly exceeds industry averages. On its MT4 platform, FxPro allows traders to select between variable and fixed spreads, with options for instant or market execution. It's on their cTrader platform that the broker offers its most competitive pricing, featuring an effective spread of approximately 1.27 pips on the EUR/USD pair, which includes a commission-component. FxPro’s Active Trader program for their Elite account provides discounts up to 30%, positioning it as a competitive choice for high-volume traders even though it falls behind similar offerings from certain top competitors. FxPro holds a 4-star rating and sits at #32 in ForexBrokers.com's assessment of commissions and fees among 63 brokers.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average Spread EUR/USD - Standard | 1 | 1.51 |
| All-in Cost EUR/USD - Active | N/A | 1.27 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing eToro and FxPro, eToro stands out with a wider variety of investment options. It offers 5,461 tradeable symbols, including exchange-traded securities from both U.S. and international markets. This means you can invest directly in well-known stocks like Apple on the NASDAQ or Vodafone on the London Stock Exchange. Additionally, eToro allows you to trade forex as a CFD or spot contract, with 55 forex pairs available. Furthermore, it supports both copy trading and the purchase of actual cryptocurrencies, alongside cryptocurrency derivatives. This versatility in investment methods has earned eToro a 5-star rating and a top 10 ranking among brokers for range of investments.
FxPro, while not as diverse, still provides a substantial array of options, with 2,249 tradeable symbols. It also offers forex trading through CFDs or spot contracts with an impressive 70 currency pairs. Investors can engage in copy trading and access cryptocurrency derivatives. However, unlike eToro, FxPro does not provide direct access to U.S. exchange-traded securities, nor does it support buying actual cryptocurrencies. Despite these limitations, FxPro maintains a respectable 4-star rating and is ranked 28th in the range of investments category by ForexBrokers.com.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 2249 |
| Forex Pairs (Total) | 55 | 70 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | Yes | No |
| Cryptocurrency (Derivative) | 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.
When comparing the trading platforms and tools of eToro and FxPro, both brokers provide a variety of features tailored to enhance the trading experience. eToro shines with a high rating of 4.5 stars for its platforms and tools, offering a proprietary web-based platform that supports copy trading and a virtual demo account for beginners. Although eToro does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), it offers an impressive array of 161 drawing tools for charting enthusiasts. FxPro, meanwhile, provides a comprehensive suite with options for a Windows-based desktop download and supports popular platforms like MT4 and MT5, despite being less expansive in drawing tools with only 25 available. Both brokers support web-based trading and offer equally detailed watch lists with six columns, but FxPro allows for trades directly from stock charts, which is absent in eToro’s offerings.
Ranked #8 out of 63 by ForexBrokers.com, eToro maintains a competitive edge over FxPro, which is ranked #17, due to its innovative platform features and broad appeal to social traders through its copy trading capabilities. Both platforms offer virtual demo accounts, ensuring an accessible entry point for new traders. Despite the absence of compatibility with third-party platforms like DupliTrade and ZuluTrade, both brokers cater to diverse needs with a balance of proprietary tools and supportive environments for traders at different experience levels. Ultimately, eToro’s emphasis on a user-friendly web interface and advanced charting tools positions it slightly ahead in terms of platform quality and versatility. FxPro, however, distinguishes itself with an inclusive platform range and the flexibility of desktop trading options.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 104 | 53 |
| Charting - Drawing Tools (Total) | 161 | 25 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 6 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of eToro and FxPro, both platforms offer apps for iPhone and Android users. Users of each app can receive stock and forex price alerts, create watchlists with real-time quotes, and sync watchlists with their online accounts for seamless access across devices. Both apps allow traders to view a variety of time frames on charts, catering to different trading strategies. However, eToro offers a more extensive range of technical studies for charting, boasting 104 options compared to FxPro's 65. Despite this, FxPro sets itself apart by allowing users to draw trendlines on charts and automatically saving these drawings, enhancing the technical analysis experience.
In terms of user ratings, both eToro and FxPro are highly rated with 4.5 stars out of five for their mobile trading apps. On rankings by ForexBrokers.com, eToro holds a slightly higher position, ranking #10 out of 63 brokers, while FxPro is not far behind at #15. Ultimately, both platforms offer competitive mobile trading experiences, with eToro excelling in its technical study offerings and overall ranking, while FxPro provides enhanced charting functionalities. Traders may choose between them based on their unique needs in technical analysis and charting preferences.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 65 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both eToro and FxPro cater to traders with their daily market commentary, helping investors stay updated on market dynamics. However, when it comes to forex news from leading sources like Bloomberg and Reuters, FxPro holds an edge as it provides these updates, while eToro does not. Both platforms offer tools from Trading Central to assist with technical analysis, ensuring traders have essential resources for making informed decisions. Additionally, both brokers provide a sentiment-based trading tool to visualize the ratio of long or short positions across various instruments, which can be quite beneficial for traders looking to gauge market sentiment.
eToro, however, distinguishes itself by offering market research from TipRanks, a feature that FxPro does not provide. On the other hand, neither eToro nor FxPro offers research tools from Acuity Trading or Autochartist. Both platforms supply an economic calendar that presents essential global news events, adding to their suite of research tools. In terms of their research offerings, eToro is rated slightly higher, earning 4.5 stars compared to FxPro's 4 stars. Moreover, eToro ranks #13 among 63 brokers in the Research category according to ForexBrokers.com, placing it ahead of FxPro, which holds the #26 spot.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing eToro and FxPro in terms of educational resources for beginner traders, both platforms offer a variety of learning materials, including a minimum of 10 educational pieces focused on forex and CFDs. However, eToro stands out by providing a monthly online webinar series to support client education, a feature that FxPro lacks. Both brokers offer a searchable archive of past webinars and have produced at least 10 educational videos specifically tailored for beginners new to trading.
In addition to beginner resources, eToro also delivers advanced educational videos tailored for seasoned traders, a feature FxPro does not match. Both brokers include an investor dictionary with over 50 investing terms to aid understanding. Overall, eToro receives a higher education rating at 4.5 stars compared to FxPro's 4 stars. This difference is reflected in their rankings by ForexBrokers.com, where eToro holds the 5th spot, while FxPro is positioned at 18th out of 63 brokers assessed for educational offerings.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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 FxPro. eToro finished with an overall rank of #9, while FxPro finished with an overall rank of #21.
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
|
FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 93 |
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eToro enables users to purchase actual delivered cryptocurrencies in addition to cryptocurrency derivatives, while FxPro exclusively offers cryptocurrency derivatives without providing access to actual delivered cryptocurrencies.
Both eToro and FxPro provide a range of options for depositing and withdrawing account funds, including ACH or SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, making them highly accessible and convenient choices for online trading.
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 | FxPro | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | FxPro Review |
| Broker Screenshots | eToro | FxPro | |
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| Regulation | eToro | FxPro | |
|---|---|---|---|
| Trust Score | 96 | 93 | |
| Year Founded | 2007 | 2006 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | eToro | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 2249 | |
| Forex Pairs (Total) | 55 | 70 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | Yes | No | |
| Cryptocurrency (Derivative) | 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 | FxPro | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 1.51 | |
| All-in Cost EUR/USD - Active | N/A | 1.27 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | FxPro | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | eToro | FxPro | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | eToro | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 6 | |
| Charting - Indicators / Studies (Total) | 104 | 53 | |
| Charting - Drawing Tools (Total) | 161 | 25 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 65 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | FxPro | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | FxPro | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | eToro | FxPro | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | eToro Review | FxPro Review |
| Overall | eToro | FxPro | |
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| Trust Score | 96 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | FxPro Review |
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