Written by ForexBrokers.com
In this head to head comparison of StoneX Trading vs eToro, 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.
StoneX Trading and eToro are both publicly traded online brokers, and neither one is a bank. In terms of trust, StoneX Trading has a ForexBrokers.com Trust Score of 99 out of 99, placing it in the highly trusted range, while eToro scores 97 out of 99, which is also highly trusted. StoneX Trading was founded in 1983, much earlier than eToro, which launched in 2007.
When it comes to regulation, StoneX Trading holds 7 Tier-1 licenses and 1 Tier-2 license, compared with eToro’s 4 Tier-1 licenses and 1 Tier-2 license. Since Tier-1 licenses are viewed as highly trusted by ForexBrokers.com, StoneX Trading’s broader regulatory coverage gives it an edge over eToro in this comparison.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Year Founded | 1983 | 2007 |
| Publicly Traded (Listed) | Yes | Yes |
| Bank | No | No |
| Tier-1 Licenses | 7 | 4 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
StoneX Trading comes out slightly ahead of eToro on commissions and fees. It is rated 4.5 out of 5 stars and ranked #16 out of 36 brokers by ForexBrokers.com. Its pricing for CFDs, forex, and spread-betting products is generally in line with the industry average, and traders can usually get the best pricing by using StoneX Trading’s own platforms or MetaTrader. For CFD accounts, the average EUR/USD spread was 0.74 pips as of July 2023, which is competitive, though still not quite as low as top low-cost forex brokers.
eToro is rated 4 out of 5 stars and ranked #23 out of 36 for commissions and fees. As a market-maker broker, it lists a typical variable EUR/USD spread of 1 pip, which is a little above the industry average. That means eToro is usually not the cheapest choice for trading costs, but many users are drawn to its social copy trading features instead of its pricing.
Both brokers offer some fee discounts for higher-volume or premium clients. StoneX Trading provides active trader rebates for professional traders in the U.K. and Australia, with rates that improve as monthly trading volume increases. eToro offers its VIP Club, with five membership tiers for balances from $5,000 to $250,000, along with perks such as market research tools, lower deposit and withdrawal fees, and dedicated account support.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Minimum Deposit | £100.00 | $50-$10,000 |
| Average spread (EUR/USD) - Spread-only account | 1.4 | 1 |
| All-in Cost EUR/USD - Raw spread account | 0.9 | 1 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, both StoneX Trading and eToro give traders access to forex, copy trading, and cryptocurrency CFDs, and both earn a 5-star rating in this category. StoneX Trading stands out for sheer market access, with 13,500 tradeable symbols and 66 forex pairs, compared with eToro’s 7,441 symbols and 65 forex pairs. That makes StoneX Trading the stronger choice if you want a wider selection of instruments overall.
eToro has an edge for investors who want to buy real assets, since it offers exchange traded securities on both U.S. and international exchanges, plus actual cryptocurrency you can hold, while StoneX Trading does not offer those products. Still, StoneX Trading is ranked slightly higher by ForexBrokers.com for range of investments, coming in at #8 out of 36 brokers versus eToro at #10. In short, StoneX Trading offers more markets to trade, while eToro offers more ways to invest in real stocks and crypto.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13500 | 7441 |
| Forex Pairs (Total) | 66 | 65 |
| U.S. Stocks (Shares) | No | Yes |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | Yes |
| Cryptocurrency (CFDs) | 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.
StoneX Trading and eToro both give traders a strong set of platform choices and tools, including free paper trading accounts, a web-based platform, copy trading, and the ability to place trades directly from a chart. Each broker also offers its own in-house platform, so users can choose a trading experience built by the broker itself. In addition, StoneX Trading stands out by offering a Windows desktop download platform and MetaTrader 4 (MT4), while eToro does not support either of those options. Neither broker offers MetaTrader 5 (MT5).
When it comes to trading platforms and tools, both StoneX Trading and eToro are rated 4.5 out of 5 stars, but eToro ranks higher overall in ForexBrokers.com’s category list, placing #8 out of 36 brokers compared with StoneX Trading’s #11. For traders comparing online brokers, eToro may appeal to those who want a simpler platform mix, while StoneX Trading may be better for users who want more desktop and MT4 support.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 88 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
StoneX Trading and eToro both offer mobile trading apps for iPhone and Android, along with stock or forex price alerts and watchlist syncing between the app and your online account. Each app also lets you draw trendlines on charts, making it easier to track market moves on the go. Both platforms are rated 4.5 out of 5 stars for mobile trading apps, showing that each delivers a strong mobile experience for active traders.
When it comes to charting tools, eToro has more technical studies in its mobile app, with 104 compared with StoneX Trading’s 88. StoneX Trading does have one useful edge: it automatically saves chart drawings, while eToro does not. In ForexBrokers.com’s Mobile Trading Apps rankings, StoneX Trading places slightly higher at #9 out of 36 brokers, while eToro ranks #10.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 104 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
StoneX Trading and eToro both give traders useful market research tools, including daily market commentary, forex news from top sources like Bloomberg, Reuters, and Dow Jones, a sentiment tool that shows long and short positioning, and an economic calendar for tracking key global events. Both brokers are also rated 4.5 out of 5 stars for Research, showing that each offers a strong set of tools for staying informed before placing trades.
The main difference is in the research extras. StoneX Trading includes Trading Central tools, which can help with technical and fundamental analysis, while eToro does not. On the other hand, eToro offers TipRanks research, which StoneX Trading does not. In ForexBrokers.com’s Research rankings, StoneX Trading places slightly higher at #10 out of 36 brokers, compared with eToro at #12 out of 36.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | Yes |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
StoneX Trading and eToro both give beginners plenty of ways to learn before trading. Each broker offers forex and CFDs education with at least 10 learning pieces, plus monthly client webinars and a strong library of beginner and advanced trading videos. Both are rated 4.5 out of 5 stars for education, so either choice can work well for new traders who want clear, easy-to-follow learning material.
The main difference is depth and ranking. eToro is placed higher by ForexBrokers.com at #3 out of 36 brokers for Education, while StoneX Trading ranks #9. That means both brokers are strong for trading education, but eToro has the edge if you are comparing educational resources for beginners and want the broker with the stronger overall education score and ranking.
| Feature |
StoneX Trading
|
eToro
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that StoneX Trading is better than eToro. StoneX Trading finished with an overall rank of #8, while eToro finished with an overall rank of #9.
Backed by StoneX Group and formerly named City Index, StoneX Trading is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets.
| Feature |
StoneX Trading
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eToro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 97 |
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When comparing StoneX Trading vs eToro, eToro stands out for allowing investors to buy actual delivered cryptocurrency, while both platforms also offer cryptocurrency CFDs for traders who want derivative exposure instead of owning the underlying asset.
StoneX Trading and eToro both support ACH/SEPA transfers, PayPal, and bank wires for depositing and withdrawing funds, but eToro has the edge on payment flexibility because it also offers Skrill, which StoneX Trading does not.
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 | StoneX Trading | eToro | |
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| Trust Score | 99 | 97 | |
| Winner | check_circle | ||
| Review | StoneX Trading Review | eToro Review |
| Broker Screenshots | StoneX Trading | eToro | |
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| Regulation | StoneX Trading | eToro | |
|---|---|---|---|
| Trust Score | 99 | 97 | |
| Year Founded | 1983 | 2007 | |
| Publicly Traded (Listed) | Yes | Yes | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 4 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | StoneX Trading | eToro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | Yes | |
| Switzerland (FINMA Authorised) | |||
| 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) | StoneX Trading | eToro | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | StoneX Trading | eToro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13500 | 7441 | |
| Forex Pairs (Total) | 66 | 65 | |
| U.S. Stocks (Shares) | No | Yes | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | Yes | |
| Cryptocurrency (CFDs) | 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 | StoneX Trading | eToro | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.4 | 1 | |
| All-in Cost EUR/USD - Raw spread account | 0.9 | 1 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | StoneX Trading | eToro | |
|---|---|---|---|
| Minimum Deposit | £100.00 | $50-$10,000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | StoneX Trading | eToro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | StoneX Trading | eToro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | StoneX Trading | eToro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 104 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | StoneX Trading | eToro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | Yes | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | StoneX Trading | eToro | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | StoneX Trading | eToro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | StoneX Trading Review | eToro Review |
| Overall | StoneX Trading | eToro | |
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| Trust Score | 99 | 97 | |
| Winner | check_circle | ||
| Review | StoneX Trading Review | eToro Review |
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