We will compare eToro to Forex.com on this page. This comparison goes over the pros and cons of both Forex.com and eToro.
| Forex.com | eToro |
|---|---|
Forex.com is a leading forex, metals, gold and silver, indices, shared and commodities trading platform. Forex.com is regulated in the US, UK, and Canada. The parent organization behind forex.com is GAIN Global Markets INC. |
eToro is a social/copy trading platform, offering a wide range of markets, along with 0% commission on stocks. They are regulated in top-tier jurisdictions. Read Full Review CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available. |
| Year founded: | |
| 2006 | 2006 |
| Regulated by: | |
| CFTC, FCA, ASIC,FSA, IIROC, CIMA, SFC, MAS | FinCEN, FCA, MiFID, CySec, ASIC |
| Headquarters: | |
| Bedminster, New Jersey, United States (GAIN Capital) | London UK, Limassol Cyprus, Sydney Australia, USA |
| Is a Bank: | |
| No | No |
| Demo Account: | |
| Yes ✔️ | Yes ✔️ |
| Minimum Deposit: | |
| $100 | $50 – $10,000 |
| Minimum Trade: | |
| varies | $25 – $1,000 |
| Islamic Account: | |
| No | Yes ✔️ |
| Social/Copy Trading: | |
| No | Yes ✔️ |
| Spread Betting: | |
| No | No |
| Excluded countries: | |
| N/A | 133 |
Types of Products And Markets Available
When it comes to the financial markets available, eToro is better. eToro offers more markets and real stocks with 0% commission.
Forex.com only offers CFD trading. It is great for metals and Forex CFD trading, but doesn't offer real stocks like eToro.
Visit eToro – 68% of retail investor accounts lose money when trading CFDs with this provider.
| Forex.com | eToro |
|---|---|
| Markets Available: | |
| Forex, Indices, Stocks, Commodities, Gold and Metals, Cryptocurrency, Oil | Stocks (real), Commodities (CFD), Indices (CFD), Currencies (CFD), Cryptoassets (real and CFD) |
| CFDs | |
| Yes ✔️ | Yes ✔️ 2386 |
| Forex Pairs | |
| Yes ✔️ | Yes ✔️ 49 |
| Stocks | |
| Yes (CFD Only) | Yes ✔️ 2106 |
| Cryptocurrencies | |
| Yes (CFD) | Yes ✔️ 16 |
| Commodities | |
| Yes (CFD) | Yes ✔️ 31 |
| ETFs | |
| Yes | No |
| Options | |
| No | No ❌ |
| EFPs | |
| No | No |
| Mutual Funds | |
| No | No |
| Robo Portfolios | |
| No | No |
Trading Platforms
Forex.com offers a Web, Mobile and Desktop platform. Their Web Trader is great and highly customizable. They also offer the popular MetaTrader 4 integration and a good mobile trading app.
eToro's platform is well thought out and will suffice most traders needs. Their mobile app is great for beginner to intermediate traders.
eToro is better for intermediate investors, while Forex.com is better for advanced Forex traders.
Visit eToro here – 68% of retail investor accounts lose money when trading CFDs with this provider
| Forex.com | eToro |
|---|---|
| Proprietary Platform: | |
| Yes | Yes ✔️ |
| Desktop Platform: | |
| Yes ✔️ | No ❌ |
| Mobile App: | |
| Yes ✔️ iOS, Android |
Yes ✔️ iOS, Android |
| Web Trading Platform: | |
| Yes ✔️ | Yes ✔️ |
| MetaTrader: | |
| Yes | No |
| cTrader: | |
| No | No |
| Mirror Trader: | |
| No | No |
| Zulu Trade: | |
| No | No |
| Dupli Trade: | |
| No | No |
Fees
eToro offers 0% commissions on real stocks, however has high Forex fees. Forex.com has low Forex fees, no withdrawal fees, low stock index CFD fees, but falls short on stock CFD fees and inactivity fees.
Overall we pick eToro compared to Forex.com.
| Forex.com | eToro |
|---|---|
| Trading Fees: | |
| Yes Varies |
Yes 0% Commission on stocks Spread Varies |
| Deposit Fees: | |
| No | No |
| Withdrawal Fees: | |
| $0 | $5 (Bank Transfer) $5 (Credit Cards, eWallets) |
| Overnight Funding: | |
| Yes | Yes |
| Inactivity Fee: | |
| Yes* €15 *after 1 year of no trading activity |
Yes $10/month |
Customer Support
Customer support is better at Forex.com than eToro. They offer phone and live chat 24/5 support, but their email response time is slow. This makes better than eToro that is known to have slow customer service.
| Forex.com | eToro |
|---|---|
| eMail: | |
| Yes ✔️ | Yes ✔️ |
| Online Chat: | |
| Yes ✔️ | Yes ✔️ |
| Phone Support: | |
| Yes ✔️ | No |
| Languages: | |
| Multiple | 15 |
Account Funding
Account funding is good at both brokers, however eToro has more deposit options. Forex.com has a $100 minimum deposit while eToro initial deposit depends on the account type you pick.
| Forex.com | eToro |
|---|---|
| Deposit Methods: | |
| Credit Cards, Wire Transfer | Visa, MasterCard, Skrill, Diners Club, PayPal, WebMoney, Neteller, Yandex, Union Pay |
| Deposit Fee: | |
| No | No |
| Minimum Deposit: | |
| $100 | $50 – $10,000 |
Education
Forex.com has quality educational videos, educational articles, a demo account, platforms tutorials, but no webinars. eToro has just basic educational videos available, so Forex.com is the better option.
| Forex.com | eToro |
|---|---|
| Video Tutorials: | |
| Yes ✔️ | Yes ✔️ |
| Webinars: | |
| No | Yes ✔️ |
Verdict
Is eToro better than Forex.com?
We found that eToro is better than Forex.com. eToro offers a better trading experience overall. Forex.com is better for Forex Trading, while eToro is the better broker overall.
eToro
- 0% commission on stocks
- Best Copy Trading Platform
- 2000+ Assets To Trade
- Safe & Regulated by Top-tier authorities
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees apply. For more information, visit etoro.com/trading/fees. eToro USA LLC does not offer CFDs, only real Crypto assets available.
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