After spending seven months and hundreds of hours researching 43 different forex brokers
for trading FX, our team at ForexBrokers.com team collected over 6,000 data points. For this review, we will compare eToro vs KVB Kunlun .
To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. eToro's score is 3.50 stars versus KVB Kunlun 's 3.00 stars.
Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. eToro alongside KVB Kunlun are regulated in a major hub. KVB Kunlun is a publicly traded company while eToro is not. As far as how many currency pairs are available for trading, here's the answer. eToro offers its clients access to 47 different currency pairs while KVB Kunlun has 30 available pairs, a difference of 17.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. KVB Kunlun offers Meta Trader while eToro does not. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, 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. eToro boasts an offering of 66 different indicators (for example, moving averages) compared to KVB Kunlun 's 51 available indicators.
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 was rated Best in Class - Customer Service in 2018, while KVB Kunlun was rated none of these.