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.
When comparing the trading platforms and tools of eToro and FxPro, both brokers provide options for traders seeking to explore and practice using simulated trading through free virtual demo accounts. Each also boasts a proprietary platform developed in-house, but eToro and FxPro branch off with diverse offerings. eToro stands out with a more accessible web-based platform and innovative copy trading features, though it lacks compatibility with MetaTrader 4 and 5, platforms cherished by many traders. In contrast, FxPro offers robust Windows-based and browser platforms, supporting MetaTrader 4 and 5, but does not integrate DupliTrade or ZuluTrade for enhanced social trading experiences.
Charting features present a mixed bag, with eToro providing an impressive 161 drawing tools, surpassing FxPro's 25. However, non-chart trading options with eToro are slightly limited as it does not support trading directly from stock charts, a feature that FxPro offers. Both brokers provide identical options for watch list columns. Despite all this, eToro's platforms and tools earn a slightly higher user rating of 4.5 stars compared to FxPro's 4 stars. This, paired with eToro's higher ranking of #8 by ForexBrokers.com—against FxPro's #18—highlights eToro as a favored choice for many traders in this category.
| 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.
In comparing eToro and FxPro for their market research offerings, both platforms provide daily market commentary, giving traders valuable insights for their trading strategies. However, when it comes to forex news, FxPro stands out by offering updates from top-tier sources like Bloomberg, Reuters, and Dow Jones, while eToro does not. Both brokers provide technical analysis tools from Trading Central but neither utilizes Autochartist. On sentiment-based trading, both eToro and FxPro offer tools to assess market positions, yet eToro distinguishes itself by incorporating TipRanks market research, unlike FxPro.
Both platforms provide an economic calendar that highlights crucial global news and events, keeping traders informed about potential market shifts. In terms of overall research quality, eToro edges ahead with a 4.5-star rating compared to FxPro's 4-star rating. According to ForexBrokers.com, eToro ranks 13th in the Research category, while FxPro holds the 27th spot among 62 brokers. This makes eToro slightly more favored for its research capabilities, offering a broader spectrum of tools and resources for informed decision-making.
| 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 offerings for beginners, both eToro and FxPro make substantial contributions. Each platform provides at least 10 educational pieces focused on forex or CFDs, ensuring that newcomers can access essential articles, videos, and archived webinars. eToro distinguishes itself by hosting monthly educational webinars, an opportunity not available with FxPro. Furthermore, both platforms offer a searchable archive of recorded webinars, making it convenient for users to revisit past sessions. The range of beginner educational videos is extensive with both brokers, covering critical trading topics and aiding users at the outset of their trading journey.
For those desiring advanced learning, eToro stands out with more than 10 educational videos catered to experienced traders, a feature not mirrored by FxPro. Both companies provide a resourceful investor dictionary with over 50 terms, aiding in comprehension of investing language. eToro earns a higher educational rating of 4.5 stars compared to FxPro's 4 stars. Moreover, they rank #5 in education on ForexBrokers.com, significantly ahead of FxPro, which holds the #17 spot. This comparison underlines eToro's comprehensive educational resources, providing a clear edge for users eager to broaden their trading knowledge.
| 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
|
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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