General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.
Tier 1 Regulation
Tier 2 Regulation
Tier 3 Regulation
Deposit and Withdrawal
Costs and Fees
Forex Fixed Spreads
Forex Variable Spreads
Fees on Stocks
Fees on Indices
Fees on Cryptocurrencies
Special Trading Conditions
Available Trading Techniques
About AvaTrade and eToro
When comparing AvaTrade vs. eToro, both trading platforms are of a similar age. eToro launched in 2007, while Ava Capital Markets PTY, trading as AvaTrade, launched in 2006.
Both companies offer an array of trading tools and other useful elements like:
- A demo account
- A well-regulated trading environment
- Risk management tools like stop losses and negative balance protection
- Mobile trading on Android and iOS, so you can trade on your retail CFD accounts from anywhere
- Copy trading and social trading platform so you can follow profitable traders
- Proprietary platforms for web browsers
That said, the eToro AvaTrade comparison is complex, and they have many differences. In the following sections, we’ll compare AvaTrade vs. eToro in detail.
AvaTrade vs. eToro Trading Platform: Which Broker Offers Better Pricing?
Pricing is essential whether you’re copy trading, buying and selling stocks or trading CFDS. Let’s compare the fees and commissions of AvaTrade and eToro.
Let’s start with minimum deposits. Both of these brokers have one, with eToro asking $10 for US citizens and $200 for most other parts of the world. AvaTrade demands a $100 minimum deposit. eToro also has a minimum withdrawal, but AvaTrade doesn’t.
Neither company charges a deposit fee, though eToro charges a commission on withdrawals. Both will charge a conversion fee for changing currency and an inactivity fee if your account is inactive for extended periods.
As far as trading goes, you can trade stocks at eToro without paying a broker fee (other fees may still apply). However, when you trade stocks or CFDs, you may still be liable for overnight fees (on trades left open overnight) and other fees. There’s also a 1% commission on crypto trades. Like AvaTrade, there are also fees involved when bidding on spreads.
AvaTrade doesn’t charge any commission; the fees are part of the spreads.
Winner: AvaTrade has distinct advantages in this category. Their no-commission trading policy (fees are incorporated into the spreads) and the lack of deposit and withdrawal fees make them a winner.
AvaTrade vs. eToro: Trading Platforms
Both of these brokers have their own proprietary trading platforms, but AvaTrade is also accessible via mainstream platforms like:
- Metatrader 4 and 5 for web
- Mirror Trader
AvaTrade also has a platform for MAC users, which eToro doesn’t.
AvaTrade vs. eToro: Which Market Selection Is Better?
When comparing trading platforms, one can expect some differentiation between the available markets. Some brokers are trading central and seem to have something of everything, while others are more focused.
Let’s see what eToro has to offer:
- Forex Market: Forex and CFD traders can expect access to nearly 50 different currency pairs.
- Commodities: eToro offers over 45 different commodities.
- Indices: When using eToro, you have access to more than 12 different indices.
- Bonds: Retail traders shouldn’t expect to trade on bonds using this platform. It doesn’t host any.
- Stocks: The stock selection has an impressive array of more than 950 options.
- Crypto Trading: With over 80 crypto trading options, eToro is an excellent option for cryptocurrency trading.
Now let’s look into AvaTrade:
- Forex Market: AvaTrade’s selection of over 55 currency pairs is fairly impressive.
- Commodities: This platform has more 13 commodities.
- Indices: AvaTrade provides access to around 20 indices, several more than eToro.
- Bonds: With two different bonds, the Euro-Bund, and the Japanese Government Bond, AvaTrade has considerably more options than eToro.
- Stocks: With around 100 stock options, AvaTrade has considerably less variety
- Crypto Trading: Over 10
Winner: We’ll call this category a tie.
The eToro platform has a greater amount of commodities, stocks, and crypto. On the other hand, AvaTrade has more Forex pairs, bonds, and indices.
AvaTrade vs. eToro: Which Platform for Forex Traders is Better Regulated
When you compare eToro to AvaTrade, you’ll find that both comply with the regulations of at least one investment industry regulatory organization. This regulation helps to ensure that this kind of Financial services agency is safe.
Let’s take a look at which regulators eToro submits to:
- FCA (UK)
- ASIC (Australian)
- SEC (US)
- CySEC (Cyprus)
- FSAS (Seychelles)
While AvaTrade doesn’t submit to the same regulators, it’s compliant to several that eToro doesn’t work with. Specifically, it’s regulated by the following:
- BVI (British Virgin Islands)
- FSCA (South Africa)
- IIROC (Canada)
- ASIC (Australian)
- FSA (Japanese)
Both of these platforms are also ESMA-compliant. Otherwise, there’s a fair difference between the regulators of these trading platforms, but they both submit under trusted regulators operating in various parts of the world. It’s worth noting that most brokers rate the AvaTrade trust index a few points higher than that of eToro.
Which Forex Broker Is Better? AvaTrade or eToro?
When you’re trying to pick a trading platform, it’s all about what’s important to you. Do you want a large number of tradable assets? Social trading and copy trading platforms? A CFD broker that’s registered with the Japanese Financial Futures Association?
Our eToro vs. AvaTrade review and comparison found that both these platforms are excellent. It all comes down to what you’re looking for, though. If you want to trade bonds or Forex options, then AvaTrade is fantastic. For stocks or commodities, try eToro.
Like eToro, AvaTrade is a trusted broker with many great tools and a high trust index. Both offer mobile trading and copy trading options. Both platforms also have many learning opportunities for beginner traders.
One significant difference between the two companies is that AvaTrade uses fixed spreads while eToro makes use of floating spreads.
We’d strongly recommend looking through the full comparison and choosing the platform that meets your top requirements.