Capital.com vs eToro: Comparison and Analysis

Capital.com vs eToro: A Comprehensive Comparison

When it comes to choosing a broker, traders often find themselves comparing various platforms to find the one that suits their needs. In this comparison, we will look at two popular brokers, Capital.com and eToro, and compare them across different categories.

Security

Both Capital.com and eToro are well-regulated brokers, with Capital.com holding multiple licences from FCA, CySEC, ASIC, FSA, SCB and NBRB, and eToro being regulated by CySEC, ASIC, and FCA. In terms of security ratings, eToro has a slightly higher rating at 95, compared to Capital.com’s rating of 94.

Demo Account

Capital.com and eToro offer unlimited demo accounts with virtual funds. However, Capital.com allows its clients to top up their virtual funds any time they run low, and clients can choose the amount of virtual funds they wish to start with, ranging from $1,000 to $100,000. In contrast, eToro’s demo account offers a fixed virtual fund amount of $100,000, which can only be restored by contacting customer support.

Account Opening

The minimum deposit required to open an account is $20 for Capital.com and $200 for eToro (though it can be as low as $50 for some countries). Capital.com offers account currencies in EUR, PLN, USD, GBP, and AUD, while eToro only offers USD. Both brokers accept payment methods such as wire transfers, credit/debit cards, and eWallets. Capital.com offers CFD accounts, Spread betting accounts, and Professional accounts, while eToro offers Standard accounts, Islamic accounts, Corporate accounts, and Professional accounts for advanced traders.

Social-Copy Trading

Capital.com offers social trading via a third-party platform, Tradingview, while eToro has built its own proprietary platform specialised in copy and social trading. eToro is considered the best player when it comes to offering copy and social trading.

Markets

Capital.com offers more markets than eToro, with 124 forex pairs, 22 commodities, 22 indices, 125 crypto assets, and 2,857 shares. However, it is important to note that Capital.com is a CFD broker, which makes it more suitable for short-term investments. In contrast, eToro offers 49 forex pairs, 35 commodities, 20 indices, 80 crypto assets, 1,050+ stocks, and 290+ ETFs. eToro offers both CFDs and real assets, making it suitable for both long-term and short-term investing.

Trading Fees

Both Capital.com and eToro offer variable spreads, but Capital.com has lower spreads, with spreads starting from 0.6 pips on forex, while eToro’s spreads start from 1 pip on forex, which is above the market average. Additionally, eToro offers zero-commission real stocks (other fees may apply) and ETFs for CySEC, FCA, and ASIC traders, making it an attractive option for those interested in stock trading.

Platforms

Capital.com has a proprietary platform available via desktop and mobile, as well as the option to use MT4. eToro offers its own proprietary platform available via web and mobile devices, which is specialised in copy and social trading.

Education/Customer Care

Both brokers offer a range of educational materials, including trading guides, glossaries, market guides, and trading strategies. eToro also offers blog articles, fintech guides, trading videos, webinars, and seminars. Both brokers have good customer care options, with easy access to email, phone, and live chat.

Conclusion

Overall, both Capital.com and eToro offer a variety of features that can appeal to different types of traders. Capital.com has a wider range of markets and lower spreads, making it more attractive for short-term traders who focus on CFDs. On the other hand, eToro has a strong focus on copy and social trading, making it a better option for those who prefer long-term investing or are interested in copying other traders. Additionally, eToro offers a wider range of real assets, including stocks and ETFs, with zero-commission trading available for some traders.