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eToro vs Tradeo 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is eToro better than Tradeo? In our analysis of 23 international regulators across 62 of the best forex brokers, eToro is considered low-risk, with an overall Trust Score of 93 out of 99. Tradeo is considered high-risk, with an overall Trust Score of 67 out of 99. Learn more about Trust Score.

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Compare

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Overall RatingeToroTradeo
Overall Rating 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score 93 67
Winner check_circle
Review eToro Review
Broker ScreenshotseToroTradeo
Trading Platforms Gallery (click to expand)
eToro web trading platformzoom_in eToro web trading platformzoom_in eToro web trading platform CopyPortfoliozoom_in eToro research crypto market reportszoom_in eToro web trading platform CopyPortfolioszoom_in eToro web trading platform CopyPortfolios trade ticketzoom_in eToro web trading platform cryptocurrency watchlistzoom_in eToro web trading platform EUR/USD feedzoom_in eToro web trading platform forex pairszoom_in eToro web trading platform copierszoom_in
Research Gallery (click to expand)
eToro web trading platform forex pairs and sentimentzoom_in eToro blog news and analysis research articleszoom_in eToro blog news and analysiszoom_in
Mobile Trading Gallery (click to expand)
eToro mobile trading appzoom_in eToro mobile trading app basic chart viewzoom_in eToro mobile trading app chartszoom_in eToro mobile trading app market feed newszoom_in eToro mobile trading app popular investors copy tradingzoom_in eToro mobile trading app trade ticketzoom_in eToro mobile trading app watchlistzoom_in
Education Gallery (click to expand)
eToro educational courses videozoom_in eToro YouTube channelzoom_in eToro YouTube channelzoom_in
RegulationeToroTradeo
Trust Score 93 67
Year Founded 2007 2012
Publicly Traded (Listed) No No
Bank No No
European Union Authorised (MiFID) Yes info Yes info
Tier-1 Licenses 2 0
Tier-2 Licenses 1 1
Tier-3 Licenses 0 0
Tier-1 Licenses (High Trust)eToroTradeo
Australia (ASIC Authorised) Yes No
Canada (SRO Authorised) No No
Hong Kong (SFC Authorised) No No
CBI Authorised (Ireland) No No
Japan (SFC Authorised) No No
Singapore (MAS Authorised) No No
Switzerland (FINMA Authorised) No No
United Kingdom (U.K.) (FCA Authorised) Yes No
USA (CFTC Authorized) No No
New Zealand (FMA Authorised) No No
Tier-2 Licenses (Average Trust)eToroTradeo
China (CBRC Authorised) No No
Cyprus (CySEC Authorised) Yes Yes
India (SEBI Authorised) No No
Israel (ISA Authorised) No No
Russia (CBR Authorised) No No
South Africa (FSCA Authorised) No No
Thailand (SEC Authorised) No No
UAE (DFSA/Central Bank Authorised) No No
Tier-3 Licenses (Low Trust)eToroTradeo
Bahamas (SCB Authorised) No No
Belize (FSC Authorised) No No
Cayman Islands (CIMA Authorised) No No
Bermuda (BMA Authorised) No No
British Virgin Islands (FSC Authorised) No No
Mauritius (FSC Authorised) No No
Vanuatu (VFSC Authorised) No No
InvestmentseToroTradeo
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 3458 256
Forex Pairs (Total) 49 50
U.S. Stock Trading (Non CFD) Yes No
Int'l Stock Trading (Non CFD) Yes No
Social Trading / Copy Trading Yes Yes
Cryptocurrency (Physical) Yes No
Cryptocurrency (CFD) 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).
CosteToroTradeo
Average Spread EUR/USD - Standard 1 info N/A info
All-in Cost EUR/USD - Active N/A N/A info
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker Yes Yes
Execution: Market Maker Yes No
FundingeToroTradeo
Minimum Deposit $10-$10,000 $200
PayPal (Deposit/Withdraw) Yes No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformseToroTradeo
Proprietary Platform Yes No
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 No
DupliTrade No No
ZuluTrade No No
Trading ToolseToroTradeo
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields Yes Yes
Watchlists - Total Fields 6 7
Charting - Indicators / Studies (Total) 66 30
Charting - Drawing Tools (Total) 13 15
Charting - Trade From Chart No Yes
Charts can be saved Yes Yes
Mobile TradingeToroTradeo
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes No
Mobile Charting - Indicators / Studies 5 30
Mobile Charting - Draw Trendlines No Yes
Mobile Charting - Multiple Time Frames Yes Yes
Mobile Charting - Drawings Autosave No No
Forex Calendar No Yes
ResearcheToroTradeo
Daily Market Commentary Yes No
Forex News (Top-Tier Sources) No No
Autochartist No No
Trading Central (Recognia) Yes Yes
Social Sentiment - Currency Pairs Yes Yes
Economic Calendar Yes Yes
EducationeToroTradeo
Education (Forex or CFDs) Yes No
Client Webinars Yes Yes
Client Webinars (Archived) Yes No
Videos - Beginner Trading Videos Yes Yes
Videos - Advanced Trading Videos Yes No
Investor Dictionary (Glossary) Yes No
Major Forex PairseToroTradeo
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
OveralleToroTradeo
Overall Rating 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 5/5 Stars 3.5/5 Stars
Platform & Tools 4.5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 3.5/5 Stars
Research 4.5/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score 93 67
Winner check_circle
Review eToro Review
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eToro vs Tradeo Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare eToro vs Tradeo.

Does eToro or Tradeo offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, eToro offers better pricing overall for traders.

Is eToro or Tradeo safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. eToro holds 2 global Tier-1 licenses, while Tradeo holds 0. Both eToro and Tradeo hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, eToro earned a higher Trust Score than Tradeo.

Which trading platform is better: eToro or Tradeo?

To compare the trading platforms of both eToro and Tradeo, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, eToro offers a better experience. With research, eToro offers superior market research. Finally, we found eToro to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.eToro and Tradeo both offer copy trading.

How many forex pairs and CFDs are available to trade?

Tradeo provides traders 50 currency pairs (e.g., EUR/USD) compared to eToro's 49 available pairs. Forex pairs aside, eToro offers traders access to 3458 CFDs while Tradeo has 256 available CFDs, a difference of 3202.

Can I trust eToro?

eToro is not publicly traded and does not operate a bank. eToro is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). eToro is authorised by the following tier-1 regulators: Australian Securities & Exchange Commission (ASIC) and the Financial Conduct Authority (FCA).

Can I trust Tradeo?

Tradeo is not publicly traded and does not operate a bank. Tradeo is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).

Is eToro good?

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.

Is Tradeo good?

Tradeo offers its own trading platform and app but its research, educational materials, and range of markets are limited. Also, Tradeo recently stopped accepting new clients and with just one regulatory license, Tradeo has a lower Trust Score than brokers that hold multiple licenses.

Overall winner: eToro

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announcementPlease 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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