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AvaTrade vs eToro: Comparison and Analysis

Trying to figure out whether to use the AvaTrade or eToro trading platform? This comparison article lays out the features of both brokers in detail, so you can see which is the best platform according to your needs.

We’ve compared more than 100 variables and features, so you can see the pros and cons of AvaTrade and eToro side by side. We’ve divided the comparisons into a logical structure so it’s easy to navigate.

Scroll the whole post below, or use the quick menu to jump to the relevant section.

Open Account
76% of retail investor accounts lose money
AvaTrade review
Open Account
76% of retail CFD accounts lose money
eToro review

Overall Ratings


Rated
92
Rated
77

General Breakdown. This graph highlights the key scores from each Macro, uniquely calculated by us.

  • AvaTrade
  • eToro

Security 94
Security 95

Cost 78
Cost 70

Trading 100
Trading 67

Education 85
Education 64

Company Info


Foundation
2006
2007
Is it Regulated?
Is it Publicly Traded?
Is it a Bank?
Segregated Clients Funds ?
No-ESMA Branches? ?
Accepts EU Clients?
Accepts US Clients?
Accepts Canadian Clients?
Website Languages
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, ar, chi(t/s), cz, dan, de, es, fi, fr, ne, nor, pol, rom, ru, swe, thai, viet, mal, it

Leverage


Non-EU Leverage ?
400:1
30:1
European Leverage ?
30:1
30:1
Australian Leverage ?
30:1
30:1
US Leverage ?
0
1:1
Canadian Leverage ?
400:1
N/A

Tier 1 Regulation


FSA ?
MAS ?
FINMA ?
FCA ?
CFTC ?
MIFID-ESMA ?
ASIC ?
CIRO ?
SFC ?

Tier 2 Regulation


FMA ?
CBR ?
FSCA ?
SEC ?
DFSA ?
CBRC ?
CySEC ?
ISA ?

Tier 3 Regulation


Offshore ?
MMA (Maldives) ?
EDR ?
FSA (Seychelles) ?
SCB (Bahamas) ?
FSC (Mauritius) ?
VFSC (Vanuatu) ?
IFSC (Belize) ?
CIMA (Cayman Islands) ?
SVG (Saint Vincent and the Grenadines) ?
FSRC (St. Kitts & Nevis) ?
BMA (Bermuda) ?
BVI (British Virgin Islands) ?

Brand Power


SimilarWeb - Website Ranking
119731
5529
SimilarWeb - Total Visits
464620
22900
Facebook Likes
103098
4691
Twitter Likes
9813
120000
Instagram Likes
5290
88000

Deposit and Withdrawal


Minimum Deposit ?
100 USD
Minimum Withdraw ?
30
Credit Card ?
Bank Transfer ?
PayPal
Neteller
Skrill
Other Methods Available ?
WebMoney
Rapid Transfer
Deposit Waiting Time ?
instant
up to 5 business days
Withdraw Waiting Time ?
1 business day
up to 5 business days
Bonus Program ?

Costs and Fees


Deposit Fees ?
Withdrawal Commissions ?
Overnight/Swap Fee ?
Inactivity Fee ?
Conversion Fee ?

Account Types


Demo Account ?
Demo Account Expiration ?
Account Currencies ?
AUD, EUR, GBP, USD, ZAR, JPY
USD
Standard Account ?
Micro Account ?
Low-cost Account ?
Variable Spread Account ?
Fixed Spread Account ?
Zero Spread Account ?
ECN Account ?
Swap Free Account ?
Islamic Account ?
Professional Traders Account ?
Active Trader Program ?

Commodities


Crude Oil ?
0.03
5.0
Natural Gas ?
0.002
15.0
Silver ?
0.029
5.0
Platinum ?
1.10
35.0
Copper ?
0.005
4.0
Soybeans ?
0.25
50
Corn ?
1.0
130
Gold ?
0.34
45.0

Forex Fixed Spreads


EUR/GBP Spread
1.5
EUR/USD Spread
0.9
USD/JPY Spread
1.5
GBP/USD Spread
2.0
USD/CHF Spread
2.0
AUD/USD Spread
2.2
USD/CAD Spread
2.0
NZD/USD Spread
1.8

Forex Variable Spreads


EUR/USD Average Spread
1
USD/JPY Average Spread
1
USD/CHF Average Spread
1.5
GBP/USD Average Spread
2
USD/CAD Average Spread
1.5
AUD/USD Average Spread
1.0
NZD/USD Average Spread
2.5
EUR/GBP Average Spread
2

Fees on Stocks


Apple
0.0
Facebook
0.0
Alphabet
0.0
Snapchat
0.0
BP
0.0
Tesco
0.0
Barclays
0.0
Lloyds
0.0

Fees on Indices


FTSE100
0.50
1.5
S&P500
0.25
0.75
Dow Jones
3.0
Nasdaq
1.0
2.4
CAC40
1.0
1
DAX30
1.5
2
Nikkei 225
10.0
10
Euro Stoxx 50
1.0
3

Fees on Cryptocurrencies


Bitcoin
1
1,00%
Ethereum
0.60%
1,00%
Ripple
0.95%
1,00%
Litecoin
0.60%
1,00%
Bitcoin Cash
0.80%
1,00%
Dash
2.00%
1,00%
Monero
0
1,00%
Neo
2.00%
1,00%

Platforms


cTrader Desktop
cTrader Web
Mirror Trader
ZuluTrade ?
MT4 Dekstop
MT4 Web
MT5 Desktop
MT5 Web
Proprietary Desktop Platform
Proprietary Web Platform
MAC Platforms
Sirix

Mobile Trading


Android ?
iOS ?
Windows ?
Trading Signals on Mobile ?
Smart Watch App ?
Forex Trading ?
CFD Trading ?
Alerts ?
Chartings-Drawing Tools ?
Mobile Available Language ?
en, de, fr, heb, it
en, de, es, fr, it
Watchlist Mobile ?

Available Markets


Forex Pairs ?
60
47
Crypto ?
20
47
Commodities ?
16
47
Stocks ?
100
957
Indices ?
20
13
ETF ?
5
145
Futures ?
Options ?
44
Bonds ?
2
Metal ?
4
4
Agricultural ?
8
3
Energies ?
4
2
Interest Rates ?
Penny Stocks ?
IPO ?
Blends ?
19
Dow Jones ?
FTSE ?
Dax ?
Nikkei ?
Gold Market ?
Bitcoin ?
Real Assets ?
Crypto, ETF, Stocks

Trading Execution


Direct Market Access (DMA) ?
Straigh Through Processing (STP) ?
Electronic Communication Network (ECN) ?
Market Maker ?
Non Dealing Desk (NDD) ?
FIFO Applies? ?
4 Digits Decimal Pricing ?
5 Digits Decimal Pricing ?

Risk Management


Stop Losses ?
Take Profits ?
Limit Orders ?
Trailing Stop ?
Margin Call ?
OCO Orders ?
Guaranteed Stop Loss ?
Negative Balance Protection ?
Minimum Trade Size ?
0.01 lots
10$
Maximum Trade Size ?
100 lots
20% of the equity

Special Trading Conditions


MAM ?
PAMM ?
Social Trading ?
Copy Trading ?
LAMM ?

Available Trading Techniques


Scalping ?
Hedging ?
Spread Betting ?
Expert Advisor (EA) ?
Virtual Private Server ?
API ?

Trading Tools


One-Click Trading ?
Signal Trading ?
Price Alerts ?
Number Chart Indicators ?
51
67
Number Chart Drawing Tools ?
31
14
Trade Directly From Chart ?
Watchlist ?

Education


Education Center ?
Webinars
Platform Tutorial Video ?
Video on Trading for Beginners ?
Video on Trading for Experts ?
Tutorial Guide
Glossary

Customer Support


Call Back Request ?
Email Support
Phone Support
Live Chat
Support Language Available
en, ar, chi(t/s), de, es, fi, fr, hu, ne, po, pol, ru, thai, ko, ind, mal, it, nig, es(chi), po(br), afrk, tu, sve, mon, fr(can), en(can), en(aus), ur
en, ru

Research


Professional Reports
Social Trading Features - Social Feeds ?
Economic Calendar
Daily Email With Trading Ideas
Analysis From Trading Central (Recognia)
Analysis From Delkos Research
AutoChartist
Traders Sentiment ?
News via Twitter
News via FaceBook
Daily Market Commentary

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
  • ZuluTrade

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.

Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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