Our ForexBrokers.com team spent seven months and hundreds of hours assessing 43 different forex broker accounts
for trading FX. In total, over 6,000 data points were collected. For this review, we will compare eToro vs KVB Kunlun .
To start this comparison, first, we will take a look at the fees charged for trading forex. It's important to note this is no easy task. Not every broker shares their average spreads, spreads can be fixed or variable (floating), execution policies differ, and brokers can act as market makers (dealers) or act as agents for execution. To simplify things, we analyzed everything for you and provide a single star rating for cost. eToro is a better option with a 3.50 star rating over KVB Kunlun 's 3.00 star rating.
Cost aside, we can now turn our focus to regulation alongside currency availability. For regulation, it's very important to select a broker you can trust with your money. eToro and KVB Kunlun both are regulated in a major hub. KVB Kunlun is a publicly traded company, while eToro is not. How many currency pairs are available to trade? KVB Kunlun trails eToro by 17 total currency pairs (for example, EUR/USD), with eToro offering 47 and KVB Kunlun offering 30.
To round out our comparison, let's look at the popular tools and features forex traders prefer. For platforms, some FX traders prefer MetaTrader. KVB Kunlun makes Meta Trader available to clients, while eToro does not. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. KVB Kunlun offers its clients access to 31 charting tools while eToro has 14 charting tools, a difference of 17. KVB Kunlun trails eToro by 15 total different indicators (for example, moving averages), with eToro offering 66 and KVB Kunlun offering 51.
Overall, eToro takes the upper hand with 4.00 stars over KVB Kunlun 's 2.50 stars. And, when it comes to individual category awards, eToro posted awards Best in Class - Customer Service in 2018, while KVB Kunlun found itself with none of these.