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.
eToro and FxPro are both well-established online brokers, with eToro founded in 2007 and FxPro in 2006. Neither company is publicly traded, but only FxPro operates as a bank. When it comes to regulatory credentials, eToro holds 3 Tier-1 licenses, considered highly trusted by ForexBrokers.com, as compared to FxPro's 2. Both brokers hold a single Tier-2 license each, which maintains a trusted status.
According to ForexBrokers.com, both eToro and FxPro boast a high Trust Score rating of 93 out of 99, reflecting their credibility and reliability within the industry. A score in this range is indicative of a highly trusted broker. The similarities in their ratings suggest that both eToro and FxPro are equally dependable choices for those seeking secure trading platforms backed by strong regulatory oversight.
| Feature |
eToro
|
FxPro
|
|---|---|---|
| Year Founded | 2007 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | Yes |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
eToro is a market-maker broker known primarily for its social copy trading platform rather than its trading fees. With a typical variable spread of 1 pip on the EUR/USD, which is slightly above the industry average, eToro doesn't attract retail traders for cost-effectiveness in spreads. However, it offers a VIP club with five membership tiers, ranging from Silver to Diamond, designed for traders with balances between $5,000 and $250,000. These tiers offer benefits like discounted withdrawal and deposit fees and a dedicated account manager. eToro is rated 4.5 stars for its commissions and fees, securing the 22nd spot out of 62 brokers analyzed by ForexBrokers.com.
FxPro, on the other hand, generally features higher pricing compared to industry standards, especially when measured against peers like Pepperstone and IC Markets. Traders on FxPro's MT4 platform can opt for either variable or fixed spreads, with choice of instant or market execution methods. FxPro’s cTrader platform offers its most competitive spreads through commission-based pricing, averaging around 1.27 pips on the EUR/USD pair. Although its Active Trader program provides up to 30% discounts, FxPro still lags behind similar schemes by competitors like FOREX.com and IG. FxPro earns a 4-star rating for commissions and fees, ranking 32nd among 62 brokers evaluated by ForexBrokers.com.
| 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.
eToro and FxPro both provide opportunities for forex trading, offering the instruments as Contracts for Difference (CFDs) or spot contracts. eToro boasts a wider range of symbols, with 5,461 options for traders, compared to FxPro's 2,249. When it comes to forex pairs, FxPro offers a slightly broader selection, allowing users to trade 70 pairs, whereas eToro has 55. Both brokers support trading in international exchange-traded securities, yet only eToro offers this access for U.S.-based shares like Apple. This distinction may be a deciding factor for traders interested in diversifying their portfolios globally and on different stock exchanges.
eToro also excels in the cryptocurrency sector by permitting the purchase of actual cryptocurrencies, not just derivatives, while FxPro limits users to trading digital currency derivatives. Furthermore, both platforms provide the option for copy trading, appealing to those keen on mimicking experienced traders' strategies. In terms of investment range, eToro receives a five-star rating, ranking 10th out of 62 brokers, whereas FxPro, with four stars, is ranked 28th. These rankings suggest eToro's broader range of investment options may be more attractive for users seeking variety.
| 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.
eToro and FxPro both offer strong trading platforms with unique features tailored to different types of traders. eToro provides a web-based platform with a focus on social trading, including copy trading, which is enhanced by their in-house developed platform. They offer a virtual demo account, allowing newcomers to practice without risk. While eToro lacks Windows desktop and MetaTrader 4 or 5 support, it compensates with an extensive collection of 161 drawing tools for charting. In contrast, FxPro offers a wider range of platforms, including their proprietary platform, MetaTrader 4, and MetaTrader 5, along with a Windows-based desktop option. Like eToro, FxPro also supports web-based trading and copy trading, providing a solid choice for those who prefer using MetaTrader and desktop solutions.
When it comes to charting functionalities, eToro shines with a comprehensive set of drawing tools and a user-friendly interface, though it falls short by not offering direct trading from stock charts. FxPro, on the other hand, provides this feature along with a decent number of 25 drawing tools. Both brokers offer six fields for watch lists, making it easier for traders to track their interests. In terms of recognition, eToro is ranked higher by ForexBrokers.com, holding the 8th position due to its superior trading platforms and tools rated at 4.5 stars. FxPro sits at the 17th position, reflecting its solid, albeit slightly less impressive, 4-star rating. Ultimately, your choice between the two may depend on whether you prioritize eToro’s social trading capabilities or FxPro’s diversified platform offerings, including MetaTrader support.
| 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.
Both eToro and FxPro provide highly functional mobile trading applications available for both iPhone and Android devices, allowing users to efficiently manage their investments on the go. Their mobile apps offer essential features like stock or forex price alerts and real-time watchlists that sync seamlessly with online accounts, ensuring consistent tracking across platforms. The apps also provide access to various chart time frames, ranging from daily to intraday views. However, eToro edges slightly ahead in terms of charting tools, offering a larger selection of technical studies—104 compared to FxPro's 65. Despite this advantage, eToro lacks the ability to draw trendlines on charts, a feature that FxPro supports, alongside auto-saving drawings, enhancing the charting experience.
Both trading platforms earn solid ratings of 4.5 stars for their mobile apps. However, when evaluated among 62 brokers by ForexBrokers.com, eToro secures a higher ranking at #10, whereas FxPro is positioned at #15. While both apps offer robust features, eToro's higher position may reflect its broader range of technical studies and more streamlined integration, attracting traders focused on detailed analysis. Nonetheless, FxPro remains a formidable option for those interested in features like drawing trendlines and auto-saving chart drawings, making both platforms strong contenders in the mobile trading sphere.
| 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.
When comparing the market research offerings of eToro and FxPro, both platforms provide valuable insights, such as daily market commentary and advanced technical tools from Trading Central. However, eToro stands out for its integration with TipRanks, providing users with unique investment analysis, whereas FxPro excels by offering forex news from reputable sources like Bloomberg and Reuters, enhancing its market research suite. Both brokers feature sentiment-based trading tools and comprehensive economic calendars, catering well to traders who rely on strategic timing and market sentiment in their decisions.
Overall, eToro receives a slightly higher rating of 4.5 out of 5 stars, thanks in part to its multifaceted research tools. The trading community has recognized this, as reflected in its higher ranking of 13th place out of 62 brokers. In contrast, FxPro achieves a respectable 4-star rating, placing it 26th, indicative of its solid market research infrastructure. Although both brokers offer substantial resources for traders, eToro's blend of tools, along with its ranking and user rating, gives it an edge in this head-to-head comparison.
| 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 it comes to educational resources for beginners, eToro and FxPro both provide a variety of materials designed to help new traders learn about forex and CFDs. eToro stands out by offering more than just the basics, with a collection of over 10 educational pieces including articles, videos, and archived webinars focused on trading. They also host online educational webinars every month, allowing for live interaction and learning opportunities. These sessions are not only accessible live but are also available in a searchable archive for future reference. FxPro also delivers a wealth of learning resources with over 10 educational pieces and maintains an archive of recorded webinars. However, they do not offer monthly webinars. Both brokers offer a substantial number of beginner videos to help new traders get started.
In terms of resources for more advanced traders, eToro again takes the lead with at least 10 advanced educational videos, unlike FxPro, which lacks similar offerings. Both platforms provide an investor dictionary with over 50 investing terms, helping users get acquainted with essential trading vocabulary. These comprehensive educational efforts are reflected in their ratings: eToro receives a 4.5-star rating for education, compared to FxPro's 4-star rating. According to ForexBrokers.com, eToro ranks 5th out of 62 brokers in the education category, demonstrating its strong commitment to trader education. Meanwhile, FxPro ranks 18th, still solid but not quite on par with eToro’s 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 62 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
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FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 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 | 93 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | FxPro Review |
| Broker Screenshots | eToro | FxPro | |
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| Regulation | eToro | FxPro | |
|---|---|---|---|
| Trust Score | 93 | 93 | |
| Year Founded | 2007 | 2006 | |
| Publicly Traded (Listed) | No | 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 | 93 | 93 | |
| Winner | check_circle | ||
| Review | eToro Review | FxPro Review |
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